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WAIVER AND RELEASE OF LIABILITY

In consideration of YTL Imports Ltd. operating as Magic Ice (with the entity hereinafter referred to as “Magic Ice”) providing certain products to the Customer (the “Magic Ice Products”), the Customer hereby waives, releases and discharges Magic Ice from any legal action related to the Magic Ice Products and from any and all claims for damages for death, personal injury or property damage which may have, or which may hereafter accrue as the result of any Magic Ice Products or any other activity related to the business of Magic Ice and for incidences occurring beyond the scope of the purpose of the Magic Ice Products but that relate to the Magic Ice Products.

This release is intended to discharge, in advance Magic Ice and its directors, officers, shareholders, employees, contractors, agents and consultants, predecessors, successors, receivers, receiver-managers, trustees and assigns, and their directors, officers, shareholders, employees, agents and consultants (collectively, or any one or more of them, the “Magic Ice Releasees”), from and against any and all liability arising out of or connected in any way with the Magic Ice Products, even if liability arises out of the negligence, carelessness, or breach of contract or breach of any statutory or other duty of care, on the part of the Magic Ice Releasees.

The Customer further understands that serious accidents may occur that involve the Magic Ice Products and that the parties involved in such activities relating to the Magic Ice Products could sustain serious personal injuries, and/or property damage as a consequence thereof. Knowing and appreciating such risks, nevertheless, the Customer hereby agrees to assume those risks and to release and hold harmless the Magic Ice Releasees who might otherwise be liable to the Customer for any loss, damage, injury or expense.

In entering into this Waiver, the Customer is not relying upon any oral or written representations or statements made by the Magic Ice Releasees other than what is set forth in this Waiver.

The Customer further understands that this waiver, release and assumption of risk is binding on all heirs and assigns.

THE CUSTOMER HAS READ AND UNDERSTANDS THIS WAIVER AND IS AWARE THAT BY SIGNING THIS AWAIVER THEY ARE WAIVING CERTAIN LEGAL RIGHTS WHICH THEIR HEIRS, NEXT OF KIN, EXECUTORS, ADMINISTRATORS AND ASSIGNS MAY HAVE AGAINST THE MAGIC ICE RELEASEES.