USV MARIX

Client Verification, Sanctions & Compliance Framework

1. Mandatory Client Verification

At USV MARIX, transparency, security, and lawful conduct are fundamental to every engagement. The Client acknowledges that the Company operates under strict UK national security, sanctions, export control, and regulatory compliance obligations.

As a condition precedent to any engagement, the Client shall provide complete, accurate, and up-to-date identification and verification information as reasonably required to enable the Company to meet its legal obligations.

2. Sanctions & Restricted Jurisdictions

The Client represents and warrants that neither the Client nor any affiliated entity, officer, agent, beneficial owner, or ultimate controlling person is:

• based in,
• operating from,
• incorporated in, or
• acting on behalf of

any country or jurisdiction subject to UK government sanctions, restrictions, or security prohibitions.

Restricted jurisdictions include, but are not limited to: Iran; Myanmar; Palestine; Lebanon; Iraq; Democratic People’s Republic of Korea (North Korea); Mali; Belarus; Russia , and any other country or jurisdiction subject to UK government sanctions or restrictions at the time of engagement or thereafter.

3. Ongoing Compliance Obligation

The Client undertakes to immediately notify the Company in writing of any change in circumstances that may affect sanctions or regulatory compliance, including changes to ownership, control, geographic operations, or regulatory status.

Failure to provide timely notification shall constitute a material breach of contract.

4. Right to Suspend or Terminate

The Company reserves the absolute right to suspend, refuse, or terminate any engagement, without liability, where:

• verification cannot be completed;
• information provided is incomplete, misleading, or false; or
• continued engagement would place the Company in breach of UK law.

Any such suspension or termination shall take effect immediately upon written notice.

5. No Information Obligation Prior to Clearance

Until verification and sanctions clearance are fully completed, the Company is legally prohibited from providing any services, pricing, technical specifications, operational details, or advisory input.

Any delay arising from compliance requirements shall not constitute a breach by the Company.

6. Indemnity

The Client shall indemnify and hold harmless the Company against all losses, liabilities, penalties, fines, and costs arising from any breach of this framework, including breaches resulting from inaccurate representations or failure to disclose relevant information.

7. Governing Law

This framework shall be governed by and construed in accordance with the laws of England and Wales.

8. Enhanced Due Diligence & Risk Assessment

Where an engagement involves elevated legal, technical, geographic, or security risk, USV MARIX may conduct enhanced due diligence at its sole discretion.

Enhanced due diligence may include beneficial ownership verification, corporate structure analysis, source-of-funds review, sanctions and watchlist screening, and assessment of proposed end-use and deployment.

Failure or refusal to cooperate fully with enhanced due diligence requests entitles the Company to decline or discontinue engagement without liability.

9. Technology Sensitivity & Export Controls

USV MARIX technology, designs, software, and operational methodologies may be subject to UK export control and dual-use regulations.

No information or technology shall be disclosed where disclosure would require an export licence that has not been granted, enable prohibited use, or create a risk of diversion to unauthorised users or jurisdictions.

10. End-User & End-Use Declarations

The Client may be required to execute formal End-User and End-Use Declarations confirming the final end-user, operational purpose, geographic deployment, and restrictions on resale, transfer, or sublicensing.

Any unauthorised change of end-user or end-use constitutes a serious compliance breach.

11. Continuous Monitoring & Audit Rights

Compliance obligations apply throughout the lifecycle of any engagement. The Company reserves the right to request updated information, conduct re-screening, and suspend access pending resolution of compliance concerns.

12. Data Protection & Confidential Handling

All compliance and verification data shall be handled in accordance with UK GDPR and the Data Protection Act 2018. Information shall be disclosed only where legally required and proportionate.

13. No Waiver & Severability

Any failure to enforce a provision shall not constitute a waiver. If any provision is held unenforceable, the remaining provisions shall continue in full force and effect.

14. Ethical Commitment & Responsible Innovation

USV MARIX is committed to lawful, ethical, and responsible maritime innovation. We engage only with clients who respect international law, security frameworks, and the responsible deployment of autonomous systems.