Common use of Exchange Control Clause in Contracts

Exchange Control. The Optionee hereby consents that the Company may disclose the Optionee’s personal information, which may include but is not limited to, the Optionee’s name, identity number, the number and value of the Shares forming the subject matter of the Option, the date of the award and the date on which the Option may be exercised, to the Financial Surveillance Department of the South African Reserve Bank and/or any authorised dealer in foreign exchange, in order to comply with the South African exchange control requirements relating to the Optionee’s participation in the Plan. Notwithistanding the aforegoing, the Optionee agrees that he/she shall take such actions as are necessary in order to comply with any applicable South African exchange control requirements in respect of the Optionee’s participation in the Plan.

Exchange Control. The Optionee hereby consents that the Company may disclose the Optionee’s personal information, which may include but is not limited to, the Optionee’s name, identity number, the number and value of the Shares forming the subject matter of the Option, the date of the award and the date on which the Option may be exercised, to the Financial Surveillance Department of the South African Reserve Bank and/or any authorised dealer in foreign exchange, in order to comply with the South African exchange control requirements relating to the Optionee’s participation in the Plan. Notwithistanding the aforegoing, the Optionee agrees that he/she shall take such actions as are necessary in order to comply with any applicable South African exchange control requirements in respect of the Optionee’s participation in the Plan.. Submitted by: Accepted by: OPTIONEE LEATT CORPORATION Signature By ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Print Name Print Name