We, Khalifa Bin Huwaidan Advocates & Legal Consultants do hereby inform that our client M/S Associated Power Solutions (ME) FZE, UAE received an amount of AED 120,000/- fil)m M/S Action International Services LLC, Dubai, UAE as a full and final settlement towards Civil Case No : 170/2016 Commercial Partial Circuit Court of First Instance, Dubai Courts wide cheque no 814957 drawn on First Gulf Bank dated 16/05/2016 and we hereby further informed that there is no any pending litigation against Action regarding the above mentioned claim in any of the courts in UAE and our client M/S Aisociated Power Solutions (ME) FZE, UAE have no any claim whatsoever against M/S Action International Services LLC, Dubai, UAE with respect to the claim which was the subject matter of Civil Case No : 170/2016. Furthermore, we confirm that we have no right to renew this case after signing this letter upon clearance of the cheque and receipt of the amount.