Ref: ERP-AIMS-SOURCE-001, November 29, 2025
From,
ADNOC GROUP
Abu Dhabi National Oil Company
ADNOC HQ, P.O. Box 898
Corniche Road West, Abu Dhabi
United Arab Emirates
To,
BETTROI FZE
A5-101, Techno-Hub 1, DTEC
Dubai Silicon Oasis, Dubai, UAE
Subject: Letter of Intent – AIMS Enterprise Source Code License
Dear Biji Tharakan,
We are pleased to issue this Letter of Intent, in reference to Bettroi's Proposal (ERP Ref: ERP-AIMS-SOURCE-001), to proceed with the acquisition of the complete source code and intellectual property rights for the AIMS platform.
We understand that this comprehensive package includes full ownership of all source code, AI models, algorithms, documentation, and associated intellectual property rights. The transfer includes a 10-day knowledge transfer program, complete technical documentation, and 90 days of transition support. Upon completion, ADNOC will have unlimited rights to use, modify, deploy, and commercialize the AIMS platform without restrictions.
We acknowledge our intent to proceed with the investment of AED 1,575,000 (including VAT) for complete ownership of the AIMS technology. This LOI serves as formal authorization to initiate the engagement under the terms outlined in the referenced proposal. Bettroi may commence code preparation and legal documentation upon receipt of the initial payment.
We recognize the strategic value of owning this technology and look forward to building our internal capabilities around the AIMS platform.
Sincerely,
For ADNOC GROUP,
Name: _________________________________
Title: _________________________________
Signature: _____________________________
Date: _________________________________
Official Stamp: ________________________