We acknowledge that the export, re-export, or import into any other country of commodities, technical data, or software that we have purchased, or will purchase, from BTT Group and/or its affiliated entities ("Controlled Items") may be subject to the export/import control laws and regulations of the European Union, U.S., or other countries, including the European Union Regulation 428/2009 controlling dual use items, Export Administration Regulations (“EAR”) issued by the U.S. Department of Commerce, Embargo and Sanction Regulations issued by the U.S. Department of Treasury, and the International Traffic in Arms Regulations issued by the U.S. Department of State. We agree and undertake to comply with all applicable export/import control laws and regulations. In particular:
1. We will not directly or indirectly export, re-export, transmit, or cause to be exported, re-exported or transmitted, any Controlled Items to any country, individual, corporation, organization, or entity to which such export, re-export, or transmission is restricted or prohibited, including any country, individual, corporation, organization, or entity under sanctions or embargoes administered by the European Council, the U.S. Departments of Treasury or Commerce, or any other applicable government authority.
2. We will not use the Controlled Items in relation to nuclear, biological or chemical weapons or missile systems or the development of any weapons of mass destruction.
3. We acknowledge our responsibility to obtain any license to export, re-export, import into any other country, or transmit any Controlled Items as may be required under any export/import control laws or regulations. We will not export, re-export, import to any other country, or transmit any Controlled Items except in accordance with the terms of any applicable license issued by any applicable government authority.