ARTICLES OF AGREEMENT

The Governments on whose behalf this Agreement is signed agree as follows:

INTRODUCTORY ARTICLE

1. The International Innovation Agency (hereinafter "the Agency") is established and shall operate in accordance with the provisions of this Agreement as originally adopted and subsequently amended.
   
   

2. To enable the Agency to conduct its operations and transactions, the Agency shall maintain a Financing Operation and a Business Consortium (hereinafter "the Business Consortium”). Membership in the Agency shall be reserved to fully fledged members of the World Sports Alliance Intergovernmental Organization (hereinafter "the Alliance”) and shall give right to participation in the Financing Operation.
   
   

3. Operations and transactions authorized by this Agreement shall be conducted through the Financing Operation, consisting in accordance with the provisions of this Agreement of the general reserve fund and the special reserve fund; except that operations involving productive projects shall be conducted through the Business Consortium in accordance with the provisions of this Agreement and the Business Consortium Protocols as originally adopted and subsequently amended.
   
   

4. All other operations and transactions on the account of the Agency involving the allocation of resources, the election of Managing Directors and the selection of productive projects proposed by members of the Business Consortium shall be conducted through the Nektar Decentralized Autonomous Organization (hereinafter "the DAO”) in accordance with the provisions of this Agreement and the DAO Protocols as originally adopted and subsequently amended.
   
   

5. The Agency, the Alliance, the Business Consortium and the DAO together form the Innovation Alliance.