Common use of SCOPE AND SERVICES Clause in Contracts

SCOPE AND SERVICES. By accepting the terms contained in this Letter, you are hereby appoint IBDC on the terms set out herein to assists the Company in the Combination and to work on a transaction in which we have found a suitable SPAC candidate until the closing of the Combination. This Engagement does not include the provision of Combination issue management services or Combination placement and underwriting services. We shall recommend to the Company the appointment of suitable professional firms eg solicitor, auditor, valuer, investment banker in undertaking this Combination, if necessary.