[AGREEMENT FOR TRANSFER OF REGISTRATION soreness eTWEEN: (9) REAL MADRID CLUB DE FUTBOL, «poesseral ets ct governed by the awe of Span and ne elton of he Sparish Footbal Assocaton, esa at stoo Sango Bernadou, Aaa. Conca Epis no, Mat, Spain Salle ena (2) THEARSENAL FOOTBALL CLUB PLC, splined Eaity company (etre in England and Wes no, 108244) governod Wy he aus of Engin a he requatons of the Footbal Asean Une and The Fetal Association Pram League Lind, win reise ote at Hanbury Heute, 75 Uayon Park, Landon NS Y8U, England uy WHEREAS: (A) Seer nol te elsraton of, nd has aval conact of enploymant (ne "Contact ‘tEmploymert) wh te professes! otal player Meau Or boron 18" Ocaber ‘08 tna “Piyer) (8) Sotorhasagred ts termina the Contant of Employment ey by maul agement wth ne tayerand ander regisvaton le Player lo Buyer, wih eect rom 2 ‘Soparbe 2013 on he toms of Agreement. (©) yer wishes purchase th replstatin ofthe Payer onthe ers ie Agreement IT'S AGREED 2 foove 1. AgroomenttoTraneterResietaton Seer apes tha il rans the regan of th Player to Buyer wth tet em 2 Seperbe 20'3 upon be las et cu been (he "Transfer, 2 Payment of Tansfer Compensation ‘Fed TansorComponsston 24, Siete utnant of the cantons seat in dure 2. (ha ‘Conditions, the {ol rare compensation payablaby Buyer o Seer rept of Tranter shal Inte ling Ives tment Be te enounto 600,000 (ory our man Euros) pus ary apohoate VAT {e-Fied Taster Compensation whch sun shal be pay by Bayar 8 ( €24000000 wnt four millon Eos) pis any appeal VAT on 2 ‘Septerber 2013, (©) €18.009000 (sen milion Eros) pasa applcabie VAT areon on 30 Seplonbar 2044 end ,©) 6,000.00 (ve min Euros) ls any apleble VAT areon on 30, ‘Seplener 2016, ohn tr ots | 22 atone natn nse | emeraso a a etn pms Seamed cramer te Satin aes rsa tha ag mets cup apna a {uation} 1 any seeson om 1 ay 2014 coma tho Relevant Prod’, payetl ae fotove: (&) €,003000 ne min Euros) the rt tne Guperachioves UEFA Quaotn ing ta Rca Per, (©) 1,000.00 one min Eures) th second tee Buyer achieves UEFA alton dng the Relevant aoc. (©) €1,000,00 (ene miion Exc) te hin Buyer eteres UEFA Qian uring tw Feat Pag (©) &.003.000 ne min Eure) h outs ir Baye acheves UEFA ‘ualiteaion ath ie Relevant Patio, (©) 6.00009 (one ition Ewes) beth ine Buyer etieves UEFA Guicaton Alng hs Reset Pod: end (F)€,000.050 (ne tion urs) he she in Buyer achieves UEFA ‘uatain uty tha Rela Patios Esch of he sums stout above no), payable, na ep by Buyer fo Sale ‘win 30 days oF UEFA ait Forte aveseneof ous, such aan aot in th is douse 2.2 eat be pao ‘oto a mma €5,000,00 (omillon Eurs} hs ny appabie VA, ents Pens 23 Buyer shat ot be obig io make ary payment soot in ths Agtemont without ist ¢ hang rete a vce (lading a vals VAT mie ony apres VAY yebl sso tn tis Aroument fo herent sn er Seer 24 The Paton age as flows: (8) the tons compensation set cutn hs Aree is incsve of et rounts which maybe patio any parson fect to Sen vespct of he /a8 28 a a "arse by way of estar conuion pursue othe FIFA Regusons forthe Sats and Transeo Plyre (he Soldat Len (©) Soler be reson forthe brat anya pry ‘rane: and payment ol ameunt wich ae eau o plot he Slay Low a ato he (©) 1, stan tino, Buyer sat cecaiv ny cla fr Slay Levy in respac ot oa ‘Tansl:Buyer shal oly Serf sun cla ad Sete shal make ony, yer: of Soldany Ley nreapetot be Trae due theron! ane, fated nyt, Buyer equ o pay to ary person any amt of Solidarity in tespactf the Trans, Seer sha mesa upon dersand by Buyers Bayern il for ts aroun, For Be avoidance of out the paris arc a no Fad Taner Compenstn, Contingent Tamer Compensation eater acu wb pyabe ano he Conditions antes the te anc da sted Gans 3, Peymont of ary arcunt ches by Ste bank onsterty ie Enh Foot Sete i accrdsce vith he eo ‘Assocation Preis Leng Lint ‘spect tha noun sunt ths Aster! onsite by Asoc bank acount dined iy he Foot Asecition infod ana The Fostat from eto in hal charge Byer iy a Buyer ha be respon tpt of ary entre ly pay inrspect the [Tenses oT Foote Assocation Prams espe Lind (he “Tans Len yone ‘:aymont of ary VAT azpleabet th tanr compensa seats sexs Aervement tn be excepto ote payment sy VAT apa to the Taster Compensation, 277 boymens of Tranter Lv a retredio in clune 27 and an pyres reek ta Ful Tener (sdtnod elo os toredto in ace 4 lon apr ‘soaepte ably respet of he Tantra Seer ance hereon a puacuan Aes ad requatons in rasp ofthe Tate shal een €0,00,00 (iy rton Eu}, Ccondtons The Conons rtrd tin clase 2 ebore ae ot (A) the Payer and Buyer tae erisre io cone emplomvent and Pye ang a bang ate o vor fr Buyin the UntndKegaon Prolessona! fone lyin assordace with ovate, (©) the Payers passe a mist an ober Phys ets used by Byer ineach 880 io Buyer eatfacton andoa Fr an a (©) Buyer as caved apy of he rations Taner Ceri rag othe Payer baued by be Spanish FastatAsscoaton an the Engh Foot ‘Associton andthe ngich Feo Assocon Prema League hve ‘onfres eBayer bt he Payers eon egslred asa Buyer ay, oh patie sl make reasorabi toto ener hath Conon aro satised "oer han 17:0 ours (Londen tina on 2 Septeber 2013 (eluting, wont nallon ta Seber ae Sur saint a evar aso fet the Tater i "ne FIA TMS ec a goa tb dasa neceeary in prt theSprish Feat Aasocision andthe Englch Feat Atvodton respecte rhe amo ‘ofthe etrntinal Tans oat, This Agreemen shal leminate aulomatcaly I) stharof be Condon et xn sb-lue83 (4 and 81) has ot bon Eases bore 2300 haus (London tne) 12 Seplombar 2013; ner) the Cordon st aut nau case 3.16) hos et, been stasis ty night (London ie] an 2 Septomber (blng ae ura he ean in aubouse 3.0), and int vets Agron shall cease tev £y ‘ute oct ceptor saute 5,8, San 10, option to reach Payers ropstation ana sa-on at any be wi te Pyare enpoyed by Buyer prsnt 1a professions leer iayng contro buyer (subject oe ore os cause 4) veneer be ‘egal othe Player (ona pemanent bso mba tlesina faba ub ‘ovens by hel Spain na te reqlaons oe Spersh Fonts Aasocaton (@° Spanish Ca}, Byor sal por oly Slr in wring of sch rope ‘nso no te tems (lng, wltou etn, ha ancl os) a ech opeees ander (Sale Note) Folowng rep ota Sse Not, Safer sha have at by note a whng ‘Buyer ated by Buyer bye eat’ of) nealing 4 hors ar et fh 3 Note by Sala) roen(Lanon tne) on telat dy othe then ent trnsterwinsow appcate to Buyer, sta the senate Payee tho, tet atthe region fh Paya be rans by Buyer o Sell on ‘Wetarms asst outn te Sal Nate (he Option Noi] Without oj to cuss 4. elo Seta doesnot deter an Option Notes szcrdanes wih von 2 above, Guyer shat atime th eae of 8 layer pusuan to, sd on he saa cr et (er Bayer forsee st sat the Sale Note, othe evant Spanish Cub, any new 30 day rh date ‘Sole otcn I Sale deter an Option Noo n seconde wh cise 4.2 above, an the N 2g7es tere, ye si ae ary ant appepay tape (icing the exeion ‘any necossny dosent nde ntig oa lean delete the ek “Trarslec Maing Sten) eat neransta!e epstatin othe Payer Slot ‘nthe same tes a oun he Sle Noe soon we procstle flown he {seo sich Opton Notes, .45 tatany ume folowing compton of he Tranter whist he Fly employed by ‘yer pursue apres lye plying cack Buyer fect he permanent | rns ofthe Rayer eiston (vc, forte elanco of out any | {emporr ranean) om Buyer to any Spanish Cl (ther han Ser for tat | {rancor fe (spec te tine pean) of re en €5,000 00 tytn | ues) he Fue Transfr} ten Buje wl py fo Sle an amount equal 38, eter (39%) lhe aiference between heal rane In iropocve fhe tin of | ent in resect the Future Tranter ard €50,090,000 (ymin Eres) Sack | ‘mous, pus ay applicable VAT teaon salle payable by Buyer Selatan he "Gon Gouna ) tail ' Signe an on bel of REAL MADRID CLUB DE FUTBOL, A by Jose Angel Sanchez Parsee = is Gare Dractoy