ARBITRATION AGREEMENT

This Agreement is made this 23rd day of April, 2020, by and between the BAA, a Government
owned company and Tech Soft (Contractor) to provide technical services. The work is further
sub delegated by Tech Soft to Micro-land (Subcontractor) on 23rd April, 2020.

TERMS OF ARBITRATION

A. NEGOTIATION: In the event of any controversy or claim arising out of or relating to this contract,
the parties hereto shall consult and negotiate with each other and, recognizing their mutual
interests, attempt to reach a solution satisfactory to both parties. If they do not reach settlement
within a period of 60 days, then either party may, by notice to the other party can demand
mediation.

B. MEDIATION: If a dispute arises out of or relates to this contract, or the breach thereof, and if the
dispute cannot be settled through negotiation within 60 days, the parties agree first to try in good
faith to settle the dispute by mediation administered under its Commercial Mediation Procedures
before resorting to arbitration, litigation, or some other dispute resolution procedure. Engaging in
mediation is a condition precedent to any form of binding dispute resolution.

C. ARBITRATION: Any disputes arising out of or connection with this contract, including any
question regarding its existence, validity or termination, shall be referred to and finally resolved
by Arbitration administered by the Singapore International Arbitration Centre (“SIAC”) in
accordance with the Arbitration rules of Singapore International Arbitration Rules (“SIAC
Rules”), for the time being in force, which rules are deemed to be incorporated by reference to
this clause.

D. SELECTION OF ARBITRATORS: The number of arbitrators shall be three. Each party shall
nominate one arbitrator, and the two arbitrators nominated by the parties (or appointed by the
President pursuant to the SIAC Rules as the case may be) shall within 30 days of the
appointment of the second arbitrator agree upon a third arbitrator who shall act as the Chairman
of the Tribunal. If the third arbitrator has not been agreed within that period, the third arbitrator
shall be appointed by the President pursuant to the SIAC Rules.

1|P a ge
E. LANGUAGE OF ARBITRATION: The language of the arbitration shall be English.

F. LOCATION: The seat of the arbitration shall be in Singapore.

G. GOVERNING LAW: This arbitration agreement shall be governed and construed under the law of
India under Indian Arbitration and Conciliation Act, 1996. The parties acknowledge that this
agreement evidences a transaction involving providing technical services. The Indian Arbitration
Act shall govern the interpretation, enforcement, and proceedings pursuant to the arbitration
clause in this agreement.

H. PRELIMINARY RELIEF: Either party may apply to the arbitrator seeking injunctive relief until the
arbitration award is rendered or the controversy is otherwise resolved. Either party also may,
without waiving any remedy under this agreement, seek from any court having jurisdiction any
interim or provisional relief that is necessary to protect the rights or property of that party,
pending the establishment of the arbitral tribunal (or pending the arbitral tribunal’s determination
of the merits of the controversy).

I. CONSOLIDATION: The owner (BAA), the contractor (TechSoft), and subcontractor (MicroLand)
concerned with the work of technical services are bound, each to each other, by this arbitration
clause, provided that they have signed this contract or a contract that incorporates this contract
by reference or signed any other agreement to be bound by this arbitration clause. Each such
party agrees that it may be joined as an additional party to an arbitration involving other parties
under any such agreement. If more than one arbitration is begun under any such agreement and
any party contends that two or more arbitrations are substantially related and that the issues
should be heard in one proceeding, the arbitrator(s) selected in the first-filed of such proceedings
shall determine whether, in the interests of justice and efficiency, the proceedings should be
consolidated before that (those) arbitrator(s).

J. DURATION OF PROCEEDINGS: The award shall be made within nine months of the filing of the
notice of intention to arbitrate (demand), and the arbitrator(s) shall agree to comply with this

2|P a ge
 schedule before accepting appointment. However, this time limit may be extended by agreement
of the parties or by the arbitrator(s) if necessary.

K. CONFIDENTIALITY: Except as may be required by law, neither a party nor an arbitrator may
disclose the existence, content, or results of any arbitration hereunder without the prior written
consent of both parties.

L. APPEAL: Notwithstanding any language to the contrary in the contract documents, the parties
hereby agree: that the Underlying Award shall, at a minimum, be a reasoned award; and that the
Underlying Award shall not be considered final until it is filed under S. 37 of the Indian
Arbitration and Conciliation Act, 1996 in a court having competent jurisdiction.

M. COST OF DISPUTE RESOLUTION: The cost of any mediation proceeding shall be shared equally
by the parties participating. The prevailing party in any dispute that goes beyond mediation
arising out of or relating to this Agreement or its breach shall be entitled to recover from the
other party reasonable attorneys’ fees, cost and expenses incurred by the prevailing party in
connection with such dispute.

N. PROHIBITION AGAINST FUTURE ASSISTANCE: It is agreed that the arbitrator(s) will neither
represent nor testify on behalf of any of the parties in any subsequent proceeding between the
parties or where they are opposed in interest. It is further agreed that the personal notes and
written opinions of the arbitrator(s) made in relation to this arbitration are confidential and may
not be used in any subsequent proceeding between the parties or where they are opposed in
interest.

3|P a ge