GRANT AGREEMENT between The FINANCIAL MECHANISM COMMITTEE established by Iceland, Liechtenstein and Norway and The Ministry of Finance of the Republic of Latvia, hereinafter referred to as the "Focal Point", representing the Republic of Latvia, hereinafter referred to as the "Beneficiary State" together hereinafter referred to as the "Parties" for the financing of the "Seed Money Facility"" hereinafter referred to as the "Fund"

5. pants

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Neither the European Free Trade

Association, its Secretariat, including the Financial Mechanism

Office, its officials or employees, nor the Financial Mechanism

Committee, its members or alternate members, nor the EFTA States,

can be held liable for any damages or injuries of whatever nature

sustained by the Focal Point or the Beneficiary State, the

Intermediary, end-recipients or any other third person, in

connection, be it direct or indirect, with the Grant

Agreement.

Article 7.3

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