AS IT IS STATED IN FINAL CONTRACT:

TRANSACTION:               Private Currency Exchange EUR/USD

VOLUME:                        USD 50B with rolls and extensions.

BONUS for EUR Side:      20% – Gross, 15% - Net

COMMISSIONS:              5% of amount of each transfer including Rolls and Extensions.

COMMISSIONS

STRUCTURE:                  2.5% for USD Side of amount of each transfer including Rolls and Extensions.

                                         2.5% for EUR Side of amount of each transfer including Rolls and Extensions.

                                   

WHEREAS the undersigned wish to enter into this Agreement to define certain parameters of the future legal obligations, are bound by a duty of Confidentiality with respect to their sources and contacts.  This duty is in accordance with the International Chamber of Commerce.

WHEREAS the undersigned desire to enter a working business relationship to the mutual and common benefit of the Parties hereto, including their affiliates, subsidiaries, stockholders, partners, co-ventures, trading partners, and other associated organizations (hereinafter referred to as “Affiliates”).

WHEREAS the Parties of this Agreement acknowledge, that the Paymasters and Consultants to whom they are responsible, are the third party Beneficiaries of the Final Agreement.

NOW THEREFORE in consideration of the mutual promises, assertions and covenants herein and other good and valuable considerations, the receipts of which is acknowledged hereby, the Parties hereby agree as follows:

             I, ……………………………………….., Passport # ………………, issued in ……………. with expiration date ……………, the undersigned herewith referred as the EUR Provider, under penalty of perjury do hereby irrevocably confirm and irrevocably accept to pay all intermediaries and fee holders at the same time and in a manner as the EUR Provider is being paid for each and every transaction of this Contract up to the completion of the Contract plus rollovers and extensions and in accordance with the bank details to be specified in the hard copies of this Contract.

            I, the EUR Provider, irrevocably confirm that I will order and direct my bank to endorse automatic payment orders to the Beneficiaries named below. Furthermore, I, the EUR Provider, confirm that all Pay Orders shall automatically transfer funds as directed into each Beneficiaries designated bank account within 1 (one) day after the date of closing and completion of each and every tranche of the product during the Final Contract terms plus any/or extensions and rollover of the specified Contract.

            For the purpose of clarity, I confirm that the closing and completion of each and every tranche shall be deemed to take place when the TT issued by the EUR Provider has been drawn down at the counters of the Issuing Bank. 

              I, the EUR Provider, agree to provide all Beneficiaries with written evidence of the Pay Orders lodged with my bank together with acknowledgements of their acceptance. Furthermore, my bank shall be instructed to provide duly signed and stamped acknowledgement of this instruction as set out in the annex forming part of this Agreement.  It is understood that for the purposes of this Sub Fee Protection Agreement (SFPA), my bank shall be the same bank and this SFPA acts as an integral part of it.

  

             I, the undersigned being EUR Provider or the EUR Provider’s named legally Authorized Representative as stated within the signed and legally binding main transaction, contract unconditionally agree and undertake to approve and originate all payments in USA DOLLAR ($)  to all Beneficiaries named below as their rightful and payable commissions.   This Agreement also acts as a record confirming the commission amounts for each named Beneficiary as set out below:

A). NON – CIRCUMVENTION, NON – DISCLOSURE and WORKING AGREEMENT.

1.TERMS AND CONDITIONS

The Parties will not in any manner solicit, nor accept any business in any manner from sources or their affiliates, which sources were made available through this Agreement, without the express permission of the Party who made available the source and, the Parties will maintain complete confidentiality regarding each other business sources and/or their affiliates and will disclose such business sources only to the named parties pursuant to the express written permission of this Party who made available the source, and,

That they will not in any of the transactions the parties are desirous of entering into and do, to the best of their abilities assure the other that the transaction codes established will not be affected.

That they will not disclose names, addresses, e-mail address, telephone and tele-fax or telex numbers to any contacts by either Party to third parties and that they each recognize such contracts as the exclusive property of the respective Parties and they will not enter into any direct negotiations or transactions with such contracts revealed by the other party and that they further undertake not to enter into business transaction with banks, investors, sources of funds or other bodies, the names of which have been provided by one of the Parties to this Agreement, unless written permission has been obtained from the other Party (ies) to do so.

For the sake of this Agreement, it does not matter whether information obtained from a natural or a legal person.

The Parties also undertake not to make use of a third party to circumvent the following clause. “In the event of circumvention of this Agreement by either Party, directly or indirectly, the circumvented Party shall be entitled to a legal monetary penalty equal to the maximum service it should realize from such a transaction plus any and all expenses, including but not limited to all legal costs and expenses incurred to recover the lost revenue”.

All considerations, benefits, bonuses, participation fees and/or commissions received as a result of the contributions of the Parties in the Agreement, relating to any and all transactions will be allocated as mutually agreed.

                                                                                                                                                                              This Agreement is valid for any an all transaction between the Parties herein and shall be governed by the enforceable law in Australian Courts, Canadian Courts, Spain Courts, USA Courts, UK Courts, Singapore Courts, Thailand Courts or under Swiss Law in Zurich. In the event of dispute, the arbitration laws of states will apply.

The signing Parties hereby accept such selected jurisdiction as the exclusive venue.  The duration of the Agreement shall perpetuate for five (5) years from last date of signing.

2.AGREEMENT TO TERMS

Signatures on this Agreement received by the way of Facsimile, Mail and/or E-mail shall be an Executed Contract  Agreement enforceable and admissible for all purposes as may be necessary under the terms of the Agreement.

All Signatories here to acknowledge that they have read the foregoing Agreement and by their initials and signature that they have full and complete authority to execute the Document for and in the name of the Party for which they have given their signature.

B). SUB-FEE PROTECTIOM AGREEMENT for EUR SIDE

           

The amount of 2.50 % delivered should be settled as herein stated to be transferred into the accounts of Mandate and Consultants from EUR Side according to this Sub-Fee Protection Agreement. 

TERMS & CONDITIONS

This Sub - Fee Protection Agreement covers the initial Contract and shall include any renewals, extensions, rollovers, additions or any new or transfer contract anyhow originated from this transaction because of the above intermediaries or changing codes of the initial Contract entered into between the USD Provider and EUR Provider.

This Sub - Fee Protection Agreement and any subsequently issued Pay Orders shall be assignable, transferable and divisible and shall not be amended without the express written and notarized consent of the receiving Beneficiary.  All Parties agree neither to circumvent nor to attempt circumvent either for the transaction of this current Contract or in the future for a period of five (5) years from the date of the execution of this Fee Protection Agreement. This Document binds all Parties, their employees, associates, transferees and assignees or designees.

All faxed and/or e-mailed signatures shall be considered as original signatures for the purpose of binding all Parties to this Agreement.  This Document may be signed and in any number of counterparts all of which shall be taken together and shall constitute as being one and the same instrument.

Any Party may enter into this Document and the Agreement constituted thereby by signing any counterpart any time, date or period mentioned in any provision of this Document shall only be amended by agreement in writing and signed off by all Parties concerned.

Furthermore, we agree that any and all consulting fees due shall be paid  to the Beneficiary as a result of any extension or rolls of the Contract and that we shall effect all necessary documentation with our bank without any undue delays to ensure such consulting fees and paid within the Terms of the Agreement.

PARTIAL INVALIDITY:

The illegality, invalidity and non-enforceable provision of this Document under the laws of any jurisdiction shall not affect its illegality, validity or enforceability under the law of any other jurisdiction or provision.

GOVERNING LAW AND JURISDICTION:

This Document shall be governed and construed in accordance with current English or I.C.C 619 signed between partners NCND laws.     In the event of dispute, the arbitration laws of states of USD and EUR Providers’ will apply.

               

ARBITRATION:

All Parties agree to refer any disputes between the Parties arising out of or in connection with this Agreement including any questions regarding its existence, validity or termination to arbitration rules of the International Arbitration Centre (I.A.C).  The appointed Arbitrator shall hold the proceedings in any country chosen by the Parties and the rules of the IAC shall apply.  Any dispute arising from this Agreement or any subsequent amendments thereto relating to the quantity and/or quality delivered hereunder shall be settled amicably.

TAXES and LIABILITIES OF PARTIES:

All Parties hereto individually and separately accept liability of taxes, imposts, levies, duties or institutional and bank charges that may be applicable in the execution of their respective roles of this Agreement.

This Document is signed and accepted by Parties named below as to be included in the Final Contract

        

Acceptance by: - EUR PROVIDER’S LEGAL AND AUTHORISED REPRESENTATIVE

Company Name
Represented by
Signature
Date / Seal
Bank Name
Bank Address
Account No.
Account Name
SWIFT
Bank Officer
Bank Telephone / Fax

              

TOTAL CONSULTING FEES SHALL BE PAID BY EURO Provider AS FOLLOWS:

A). PAYORDER for EUR MANDATE MR. ……………………….. (X.XX% of amount of each transfer       including Rolls and Extensions).

Beneficiary  e-mail	TBA
Bank Name	TBA
Bank Address
Account Name
Account Number
E-mail
Phone
S.W.I.F.T Code IBAN
Bank Officer
SPECIAL WIRE INSTRUCTIONS	All transfer instructions shall state: “ Funds are clean and clear of non-criminal origin, and are payable by SWIFT Wire within one banking day upon receipt by Paymaster’s Bank”.  All Wire transfers shall incorporate above Text Message and a copy of Bank Wire Transfer slip shall be emailed to:…………………………………..

SIGNATURE of BENEFICIARY: _____________________________________________________________

B). PAYORDER for GROUP of FACILITATORS (0.50% of amount of each transfer including Rolls and Extensions).

                                                                

 SIGNATURE of PAYMASTER _________________________________________________

C). PAYORDER for MR. BxxxxxxxxDxxxx&Assigns (0.75% of amount of each transfer including Rolls and Extensions).

Beneficiary  e-mail
Bank Name
Bank Address	xxxxxxxxxxxx Switzerland
Account Name
Account Number
E-mail
Phone
S.W.I.F.T Code IBAN
Bank Officer
SPECIAL WIRE INSTRUCTIONS	All transfer instructions shall state: “ Funds are clean and clear of non-criminal origin, and are payable by SWIFT Wire within one banking day upon receipt by Paymaster’s Bank”.  All Wire transfers shall incorporate above Text Message and a copy of Bank Wire Transfer slip shall be emailed to:…………………………………..

                                                      

SIGNATURE of BENEFICIARY: ________________________________________

D). PAYORDER for Mr. ……………………………. (0.XX% of amount of each transfer including Rolls and Extensions).

Beneficiary  e-mail
Bank Name
Bank Address
Account Name
Account Number
E-mail
Phone
S.W.I.F.T Code IBAN
Bank Officer
SPECIAL WIRE INSTRUCTIONS	All transfer instructions shall state: “ Funds are clean and clear of non-criminal origin, and are payable by SWIFT Wire within one banking day upon receipt by Paymaster’s Bank”.  All Wire transfers shall incorporate above Text Message and a copy of Bank Wire Transfer slip shall be emailed to:…………………………………..

                                                        

SIGNATURE of BENEFICIARY: _____________________________________________________________

F). PAYORDER for  MR. ………………………….  (0.XX% of amount of each transfer including Rolls and Extensions).

Beneficiary  e-mail
Bank Name
Bank Address
Account Name
Account Number
E-mail
Phone
S.W.I.F.T Code IBAN
Bank Officer
SPECIAL WIRE INSTRUCTIONS	All transfer instructions shall state: “ Funds are clean and clear of non-criminal origin, and are payable by SWIFT Wire within one banking day upon receipt by Paymaster’s Bank”.  All Wire transfers shall incorporate above Text Message and a copy of Bank Wire Transfer slip shall be emailed to: ………….

                                                        

SIGNATURE of BENEFICIARY: _____________________________________________________________

E). PAYORDER for MR. ……………………….. (0.XX% of amount of each transfer including Rolls and Extensions).

Beneficiary  e-mail
Bank Name
Bank Address
Account Name
Account Number
E-mail
Phone
S.W.I.F.T Code IBAN
Bank Officer
SPECIAL WIRE INSTRUCTIONS	All transfer instructions shall state: “ Funds are clean and clear of non-criminal origin, and are payable by SWIFT Wire within one banking day upon receipt by Paymaster’s Bank”.  All Wire transfers shall incorporate above Text Message and a copy of Bank Wire Transfer slip shall be emailed to:…………………………………..

SIGNATURE of BENEFICIARY: _____________________________________________________________

EUR PROVIDER’S AUTHORIZED REPRESENTATIVE: Mr. ……………………………………..

                                                                             

SIGNATURE: .....................................................

DATE: ....................  XX, 2014

NOTARY PUBLIC

ON THIS  .. th DAY OF THE MONTH OF ……………. OF THE YEAR 2014 Mr. .............................. PERSONALLY APPEARED BEFORE ME, THE UNDERSIGNED NOTARY PUBLIC,  TO ME KNOWN TO BE THE INDIVIDUAL DESCRIBED IN AND WHO EXECUTED THE FOREGOING INSTRUMENT, AND

ACKNOWLEDGED THAT HE EXECUTED THE SAME AS HIS FREE ACT AND DEED  

MY                   

                         

                                                                                                                           

                        NOTARY PUBLIC                                                 

[SEAL]

TELEPHONE #: …………………………..

E-MAIL ADDRESS: ……………………….

                                              

Bank Endorsement

This irrevocable Payment Orders have been lodged with us and will be executed as per instructions above.

                                                                

Bank Officer’s Name:

Title:

Pin Number:

Bank Name:

Telephone #:

Fax:

E-mail address:

                                                                                            Seal:

Date: 

              

 

EDT ( Electronic document transmissions ) EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect of any provisions of this Contract.  As applicable, this Agreement shall be:- Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global and National Commerce Act’’ or such other applicable law conforming to the UNCITRAL Model Law on Electronic Signatures (2001) and  ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted by the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT).  EDT documents shall be subject to European Community Directive No. 95/46/EEC, as applicable.  Either Party may request hard copy of any document that has been previously transmitted by electronic means provided however, that any such request shall in no manner delay the Parties from performing their respective obligations and duties under EDT instruments.