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PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT TRANSACTION CODE USD-P’S CODE EURO P’S CODE CONTRACT NO.
: : : 008/50B/11/SCB :
PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT EURO (€ EUR) FOR US DOLLARS ($ USD) Bank to Bank Swift MT103 This private foreign exchange transaction agreement and the five (5) attached Annexes are entered on Aug. 24, 2011 by and between:
USD PRINCIPAL
:
REPRESENTED BY ADDRESS COUNTRY PASSPORT NO
: : : :
(Hereinafter referred to as USD Principal or USD-P)
AND EURO PRINCIPAL : Muhammad Ashraf ADDRESS COUNTRY PASSPORT NO
: NASIR SIQAIR, DEIRA DUBAI, : UNITED ARAB EMIRATES : BR-1844672/PAKISTAN
(Hereinafter referred to as Euro Principal or EUR-P) WHEREAS, in consideration of the promises and the mutual covenants, warranties, terms and conditions herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned parties agree and state that they wish to enter into this agreement for the exchange of United States Dollars (USD) for Euros (EUR) under the following terms and conditions: This currency exchange transaction is a bank to bank transaction, to be executed via SWIFT transmittal transfer upon banks agreement, according to the following terms, conditions and agreed Bank to Bank procedure.
EURO PRINCIPAL’S CURRENCY: USD PRINCIPAL’S CURRENCY:
EURO US DOLLARS
DESCRIPTION OF THE UNITED STATES DOLLARS (USD) CURRENCY: CURRENCY ORIGIN OF CURRENCY YEAR OF CURRENCY ISSUE
: UNITED STATES DOLLARS; LEGAL TENDER OF USA. : NON-CRIMINAL ORIGIN. : CURRENT VALID CURRENCY; IN CIRCULATION, FREE FROM
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PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT TRANSACTION CODE USD-P’S CODE EURO P’S CODE CONTRACT NO.
: : : 008/50B/11/SCB : ANY LIENS OR ENCUMBRANCES, FREELY TRADABLE IN ANY COUNTRY
CONTRACT QUANTITY FIRST TRANCHE SUBSEQUENT TRANCHES
: 50 BILLION USD WITH R & E : USD 49.5 MILLION USD : PER TRANCHE AS AGREED
DESCRIPTION OF THE EURO (EUR) CURRENCY: CURRENCY ORIGIN OF CURRENCY YEAR OF CURRENCY ISSUE
CONTRACT QUANTITY FIRST TRANCHE SUBSEQUENT TRANCHES
: EUROS, LEGAL TENDER OF E. U. : NON-CRIMINAL ORIGIN. : CURRENT VALID CURRENCY; IN CIRCULATION, FREE FROM ANY LIENS OR ENCUMBRANCES, FREELY TRADABLE IN ANY COUNTRY : EQUIVALENT AMOUNT OF 50 BILLION USD WITH R & E : EQUIVALENT AMOUNT OF USD 49,5 MILLION USD : PER TRANCHE AS AGREED
TRANSACTION CONDITIONS: TRANSACTION MODE RATE OF EXCHANGE BONUS CONSULTANCY FEES USD PRINCIPAL SIDE EURO PRINCIPAL SIDE FEE TRANSACTION MODE
: BANK TO BANK (SWIFT MT103 OR AS AGREED) : LONDON MORNING FIXING INTER-BANK EXCHANGE RATE. : GROSS 15% USD; NET 10% TO THE EURO PRINCIPAL : TOTAL OF 5% ALLOWED TO BE SPLIT ON 50 / 50 BASIS : 2.5% TO USD-P’S SIDE, TO BE PAID BY EURO PRINCIPAL : 2.5% TO EURO-P’S SIDE, TO BE PAID BY EURO PRINCIPAL : FROM EURO-P’S BANK UNCONDITIONALLY TO PAYMASTERS.
USD MOVES FIRST WITH SWIFT MT103 Per each $100 USD the Euro Principal shall pay the equivalent value in EUROS of $85 USD on the day of each tranche. 3. TRANSACTION PROCEDURES: 1)
2)
PARTIES, DIRECTLY OR THROUGH THEIR AUTHORISED MANDATED REPRESENTATIVE WOULD ACCEPT, SIGN, SEAL AND RETURN THIS CURRENCY EXCHANGE AGREEMENT ALONG WTH THE FPA BY FAX OR EMAIL IN PDF-FORMAT (HARD COPIES TO BE SENT BY COURIER SERVICE IF REQUIRED). THIS AGREEMENT ALONG WITH THE FPA IS TO BE LODGED WITH EACH PARTY’S BANK. UNAUTHORIZED BANK CONTACTS ARE NOT ALLOWED
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PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT TRANSACTION CODE : USD-P’S CODE : EURO P’S CODE : 008/50B/11/SCB CONTRACT NO. : 3) AT A SPECIFIED TIME: – 10Am Euro time, THE USD-P BANK OFFICER CONTACT THE EURO P BANKER VIA MAIL, ACCORDINGLY:
QUOTE Security Code: "We, _____________________________ , hereby confirm under full bank responsibility that our client ________________________________ is ready and able to provide clean, clear and non-criminal USD free from any charges or taxes and exchange the first tranche of USD 49.500.000,- (forty nine point five MILLION United States of America Dollars). The Funds came from our Client Business: ____________________ Business from the last 6 Years. Please confirm to us under full bank responsibility if your client Mr XXXXX XXXXX, is ready and has the ability to receive the USD 49.500.000,- (forty nine point five MILLION United States of America Dollars) and that your Bank, on behalf of your client, will pay in EUROS the quantity to be exchanged, as per terms and conditions of the Agreement signed, immediately after your Bank has received and verified our conditional SWIFT wire MT103 for the above USD.” UNQUOTE EUR Provider’s bank responds immediately VIA MAIL as follows: QUOTE Security Code: "Yes, our bank---------------, confirms under full bank responsibility that our client, Mr.------------, is ready and has the ability to receive the Quantity of USD 49.500.000,(forty nine point five MILLION United States of America Dollars), to be exchanged as per terms and conditions of Agreement signed, by unconditional SWIFT wire and that he is ready and able to provide clean, clear and non-criminal EUROS free from any charges or taxes, after receiving and verifying the USD, to the coordinates provided by the USD Principal, with same day credit. Please include in text of SWIFT MT103 the security code XXXXXXX for each transfer. (It is necessary to say that without this security code, no transfer can be done)”. UNQUOTE 4) THE USD PRINCIPAL’S BANK TRANSFERS AT A SPECIFIED TIME: – 02 PM Euro time, USD VIA MT103 CONDITIONAL SWIFT TO THE EURO PRINCIPAL’S CLOSING BANK COORDINATES THE FIRST TRANCHE OF 49,5 MIO USD.
5) UPON VERIFICATION AND AUTHENTICATION, THE EURO PRINCIPAL’S CLOSING BANK SHALL THEN SEND, WITHIN EIGHT (8) BANKING HOURS, VIA SWIFT MT103 UNCONDITIONALLY THE EURO TO THE USD PRINCIPAL’S RETURN BANK IN ACCORDANCE WITH THE BANKING INSTRUCTIONS WITHIN THIS AGREEMENT. USD INITIAL
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6) FURTHER TRANCHES ARE TO BE CONTINUED AS PER THE ABOVE PROCEDURE UNTIL THE USD IS EXHAUSTED OR THE AMOUNT OF AGREEMENT IS COMPLETED. BANKING COORDINATES OF EURO PRINCIPAL AND USD PRINCIPAL AS PER ANNEX “A” The Parties must follow the guidelines provided by the rules of the banks on the AntiTerrorism Act and the Patriot Act I and II. The Buyer will not be held responsible for any harmful money laundering.
4. BANKING COORDINATES AND INSTRUCTIONS FOR USD-P AND EUR-P: The respective bank account details are listed in ANNEX “A” attached and cannot be changed for the life of this agreement without written notice given to all beneficiaries of consulting fees and commissions five days prior to any change. 5. CONSULTANCY FEES: The PAYOR OF THE CONSULTING FEES AND COMMISSIONS AS WELL AS THE EURO PRINCIPAL AND USD PRINCIPAL AS PRINCIPALS, irrevocably commit themselves to transfer, upon settlement of each tranche exchanged, including all rolls and extensions, the consultancy fees as follows: A. B.
CONSULTANCY FEES TO EURO-PRINCIPAL’S SIDE: To be paid by the EURO Principal to the bank accounts designated by the PAYMASTERS in ANNEX “C” ATTACHED. CONSULTANCY FEES TO USD-PRINCIPAL’S SIDE: To be paid by the EURO Principal to the bank accounts designated by the PAYMASTER in ANNEX “C” ATTACHED.
6. CONSULTANCY FEES BANKING INSTRUCTIONS AND INFORMATION: THE EURO PRINCIPAL shall release and otherwise transfer funds in the form of USD for payment of The PAY ORDERS – Fee Agreement- attached herewith to the EUR and USD FACILITATORS & BENEFICIARIES, to the nominated bank accounts indicated in the Pay Orders, by SWIFT WIRE TRANSFER. All payments to facilitators wire transfers shall state the FOLLOWING instruction: “FOR IMMEDIATE CREDIT- instant cash payment - same day value” 7. OTHER TERMS AND CONDITIONS:
1. EXCHANGE RATE: The exchange rate is agreed as the official inter-bank exchange rate fixed in the morning as of the date of exchange. The day when the EUROS funds are deposited in the USD Account for the transaction is considered as Exchange date.
2. TERM OF AGREEMENT:
This contractual Agreement is a full recourse commercial commitment enforceable under the laws of the jurisdiction of USA, UK, Switzerland or any European Union country as it applies. And said law shall govern the interpretation, enforceability, performance, execution, validity and any other such matters regarding this Contract.
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And, it is in full force and effect until completion of the transaction and it is legally binding upon the Parties signatories, their heirs, successors and assigns, agents, principals, attorneys and all associated Parties involved in this contract transaction.
3. CODES OF IDENTIFICATION: The Parties to this contract agree that all documents related to this transaction shall indicate the codes as indicated herein. And, the codes shall not be changed during the term of this transaction contract, including all rollovers, renewals, extensions and all additions. 4.
5. UNAUTHORIZED BANK COMMUNICATION: Neither Party is allowed to contact the Bank of the other Party without the authorization of the Party whose Bank is to be contacted. Any unauthorized contact act is breach of this contract.
6. TAXES, INSTITUTIONAL COSTS: Both Parties hereto individually and separately accept liability of taxes, imposts, levies, duties or charges that may be applicable in the execution of their respective roles in this transaction.
7. PENALTY CLAUSE FOR NON-PERFORMANCE: Should any of the Parties herein fail to perform as required by this contract, once signed, and after the Term of Validity thereof had expired, then, the failing Party shall indemnify the other Party for an amount of the 2% of the total quantity of the transaction; and one percent of said two [2%] percent shall be paid and equally distributed, to each of the facilitators that made the introduction of the signatories possible, if the non-defaulting signatory to the contract files a default claim, if not, then, the two [2%] percent shall be paid to the facilitators only. The facilitators have the right to make a legal claim for such amount of two [2%] percent as it applies, of the total amount contracted, in any court of jurisdiction against the party failing to perform.
8. LAW AND ARBITRATION: This contract is a full recourse commercial commitment enforceable under the laws of jurisdiction of the countries where this transaction is effectuated, and any dispute is to be resolved under the ICC rules for arbitration, unless the aggrieved party takes legal action in a court of jurisdiction. The Swiss, British or any European Union Country Law shall be the applicable law, as the aggrieved Party may choose, and shall govern the interpretation, construction, enforceability, performance, execution, validity and any other such matters regarding this contractual agreement. The Parties hereto acknowledge and agree that any discrepancy and/or dispute in application of this Agreement will be solved amicably, but if this is not possible, the arbitration procedure is to be followed. 9. This contract is intended to be performed in accordance with, and only to the extent permitted by all applicable laws of jurisdiction, ordinances, rules and regulations. If any provision of this contract be considered invalid or unenforceable, then, the reminder of this contract shall not be affected and shall be enforced to the greatest extend permitted by law.
10. NON-DISCLOSURE AND NON-CIRCUMVENTION: Both Parties are to be bound and to abide by the Non-Circumvention Non-Disclosure rules of all issues by the ICC, PARIS / FRANCE, last edition of which shall apply to this transaction for a period of five (5) years, no matter whether direct or indirect.
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PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT TRANSACTION CODE : USD-P’S CODE : EURO P’S CODE : 008/50B/11/SCB CONTRACT NO. : 11. EDT- ELECTRONIC DOCUMENT TRANSMITTAL & COUNTERPARTS: This contract may be executed in multiple copies at different times and places, each being considered an original and binding. All facsimile / electronic transmittal/ communications relating to this transaction and which are mutually accepted by the Parties, shall be deemed legally binding and enforceable documents for the duration of the transaction.
12. FORCE MAJEURE: The “FORCE MAJEURE” exception clause of the International Chamber of Commerce (ICC Publication No. 421) is hereby incorporated and made an integral part of this agreement. A party cannot be held in default if the reason is caused by force Majeure. Case may be, when executed by both PARTIES. 13.DOCUMENTS: PASSPORT, CIS, BOARD RESOLUTION, HISTORY OF FUNDS, LETTER OF INTENT, NCND, EXCLUSIVE RIGHT
IN WITNESS WHEREOF, The undersigned have read this document and had advise of its legality and after understanding the content of this contract written in the English language, by knowledge of the language or by professional translation to the party’s language and legal advise, and initialed all the pages of this contract and, fully understand and agree that its execution constitutes an acceptance of all of its mutually protective covenants, terms and conditions, and is lawfully binding upon the “Parties”, and their legal heirs, successors, representatives and assignees.
BY THE USD PRINCIPAL / AUTHORIZED SIGNATORY: I HEREBY SWEAR UNDER THE INTERNATIONAL LAWS OF PERJURY AND FRAUD THAT THE INFORMATION PROVIDED BY ME HEREIN IS ACCURATE AND TRUE AND THAT I HAVE READ AND UNDERSTOOD THE FULL CONTRACT. SIGNED AND SEALED ON THE DATE INDICATED BELOW BY THE SIGNATURE.
------------------------------------------SIGNATURE: NAME : ADDRESS
:
COUNTRY
:
DATE:
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: : : 008/50B/11/SCB : :
BY THE EURO PRINCIPAL / AUTHORIZED SIGNATORY: I HEREBY SWEAR UNDER THE INTERNATIONAL LAWS OF PERJURY AND FRAUD THAT THE INFORMATION PROVIDED BY ME HEREIN IS ACCURATE AND TRUE AND THAT I HAVE READ AND UNDERSTOOD THE FULL CONTRACT. SIGNED AND SEALED ON THE DATE INDICATED BELOW BY SIGNATURE:
--------------------------------------------------SIGNATURE : DATE: 24/8/2011 NAME : MUHAMMAD ASHRAF ADDRESS COUNTRY PASSPORT NO
: DEIRA, DUBAI : UNITED ARAB EMIRATES : BR-1844672/PAKISTAN
ANNEX “A” USD PRINCIPAL’S BANKING COORDINATES: ACCOUNT TO SEND USD: BANK NAME
:
BANK ADDRESS
:
ACCOUNT NAME
:
ACCOUNT N°
:
IBAN CODE
:
SWIFT / BIC CODE
:
BANK OFFICER
:
TELEPHONE N°.
:
FACSIMILE N°
:
E-MAIL BANK
:
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ACCOUNT TO RECEIVE EURO: BANK NAME
:
BANK ADDRESS
:
ACCOUNT NAME
:
ACCOUNT N°
:
IBAN CODE
:
SWIFT / BIC CODE
:
BANK OFFICER
:
TELEPHONE N°.
:
FACSIMILE N°
:
E-MAIL BANK
:
EURO PRINCIPAL’S BANKING COORDINATES: BANK NAME EURO BANK ADDRESS ACCOUNT NAME ACCOUNT N° IBAN CODE ACCOUNT HOLDER NAME BANK OFFICER TELEPHONE N°. FACSIMILE N°
: : : : : : : : :
Standered Chartered Bank Al Mankool Road, Bur Dubai-Dubai-UAE AL NAB GENERAL TARDING LLC 01-2070215-01 SCBLAEADXXX MUHAMMAD ASHRIF IRFAN MALIK +971-4-5084361 +971-4-3696981
ANNEX “B” THE TRANCHE SCHEDULE (ALL AMOUNTS BELOW ARE IN USD):
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DAY 1 2 3 4 5
MULTIPLE TRANSACTION PER DAY 1 1 1 1 1
AMOUNTS / TRANCHES 49.500.000 450.500.000 1.000.000.000 1.500.000.000 2.000.000.000
TOTAL PER DAY 49.500.000 450.500.000 1.000.000.000 1.500.000.000 2.000.000.000
COMPLETED TRANSACTION TOTAL 49.500.000 500.000.000 1.500.000.000 3.000.000.000 5.000.000.000
6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000
3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000 3.000.000.000
8.000.000.000 11.000.000.000 14.000.000.000 17.000.000.000 20.000.000.000 23.000.000.000 26.000.000.000 29.000.000.000 32.000.000.000 35.000.000.000 38.000.000.000 41.000.000.000 44.000.000.000 47.000.000.000 50.000.000.000
TRANCHES WILL BE AGREED BY THE BANKS. ADDITIONAL TRANCHES WILL BE IN THE SAME AMOUNTS. IF A TRANCHE DAY IS A NATIONAL HOLIDAY, THE EXCHANGE IS TO BE EXECUTED IN THE NEXT SUBSEQUENT OR IN THE PRIOR BANKING DAY. ALL OTHER TERMS AND CONDITIONS WILL BE IN ACCORDANCE WITH THIS CONTRACT.
ANNEX “C” IRREVOCABLE FEE AGREEMENT / PAY ORDER TO FACILITATORS FOR THE TRANSACTION OF THE PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT USD INITIAL
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PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT TRANSACTION CODE : USD-P’S CODE : EURO P’S CODE : 008/50B/11/SCB CONTRACT NO. : TO BE SIGNED BY EURO PRINCIPAL, TO THE BENEFICIARIES OF THIS FEE AGREEMENT: USD PRINCIPAL SIDE: 2.5 % (PAID BY THE EURO PRINCIPAL) EUR PRINCIPAL SIDE: 2 .5 % (PAID BY THE EURO PRINCIPAL) ON THE MATTERS OF THE TRANSACTION CODE INDICATED HEREIN FOR THE EXCHANGE OF US DOLLARS AGAINST EUROS IN THE TOTAL CONTRACT AMOUNT OF 50B USD WITH ROLLS AND EXTENSIONS AND A TOTAL BONUS OF 5% TO BE PAID IN FEES, I, MUHAMMAD ASHRAF AS THE EURO PRINCIPAL PAYING FEES, IRREVOCABLY AND WITH FULL LEGAL AUTHORITY, AND CORPORATE RESPONSIBILITY, HEREBY AGREE AND GUARANTEE TO PROTECT, AND IMMEDIATELY CAUSE TO PAY, THROUGH THE PAYMASTER TO THE BANKING COORDINATES PROVIDED BY THE BENEFICIARIES, THE FEE AMOUNT OF 5% (FIVE PERCENT) IN US DOLLARS OR EUROS PER EACH TRANCHE DELIVERED OF THE TOTAL CONTRACT AMOUNT TO BE PAID AND DIVIDED AS AGREED HEREIN AND, TO BE PAID TO EACH OF THE FACILITATORS/ MEDIATORS/ INTERMEDIARIES AND AGENTS OF THE EURO PRINCIPAL’S SIDE INVOLVED IN THIS TRANSACTION AND, THE DISBURSEMENT OF CONSULTING FEES AND COMMISSIONS ARE TO BE MADE IMMEDIATELY UPON CLOSING OF EACH AND EVERY TRANSACTION TRANCHE DELIVERED, WITHOUT RESTRICTIONS, IMPOSTS OR TAXES IMPOSED, OR IMPEDIMENT, DELAYS OF ANY KIND OR NATURE WHATSOEVER OF ALL QUANTITIES / TRANCHES SCHEDULED TO BE DELIVERED AND PAID BY THE PAYOR/GUARANTOR OF THE CONSULTING FEES/COMMISSIONS TO THE DESIGNATED PAYMASTERS. FURTHERMORE, THE DELIVERY OF THESE FUNDS IS GUARANTEED WITH FULL CORPORATE AUTHORITY AND RESPONSIBILITY AS GOOD, CLEAN, CLEAR FUNDS OF NON-CRIMINAL ORIGIN. WE, THE UNDERSIGNED, AGREE THAT THIS PAYMENT IS IRREVOCABLE, AND UNCONDITIONAL, AND SHALL BE MADE IMMEDIATELY BY A FREELY NEGOTIABLE BANK DRAFT, OR CASH SWIFT WIRE TRANSFER IN UNITED STATES DOLLARS OR EUROS PER TRANCHE TRANSACTED OF PRINCIPAL SUMS, THESE CONSULTING FEES AND OR COMMISSIONS WILL BE PAID REGARDLESS WHETHER THE BANKS OR TRANSACTIONS CODES ARE CHANGED. THE SAME PROPERTY RIGHTS OF INTRODUCTION OF SOURCES AND OF BUSINESS CONNECTION WILL BE UPHELD AND HONORED AS PER CONTRACT. FEES PAID BY THE EURO PRINCIPAL TO THE US DOLLAR SIDE BENEFICIARIES PAYMASTER: A) USD SIDE:
2.5% BUYER SIDE COMMISSION OF THE TOTAL CONTRACT AMOUNT
B) EURO SIDE: 2.5% SELLER SIDE COMMISSION OF THE TOTAL CONTRACT AMOUNT
USD PROVIDER `S SIDE A.1 – Group 1: USD PROVIDER’S SIDE: 2.50 % (CLOSED): Total amount 2.50 % (two point fifty percent) of each and every trance referred in the agreement including all rolls and extensions. COMMISSION FEES, USD PRINCIPAL’S SIDE: 100% of 2.50 % of the Total face value of the contract in each and every trance referred in the agreement including USD INITIAL
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all rolls and extensions. A) Paymaster for
2.50% of Total Contract value including with all rolls & Extensions.
Name Passport Number: ID Bank Name Bank Address Bank Phone Bank Officer Account Name Account Number IBAN S.W.I.F.T. Code Beneficiary:
EURO PROVIDER’S SIDE Total amount 2.50% (Two point Fifty percent) of each and every trance referred in the agreement
B.1 – Group 1: EURO PROVIDER MANDATE: 0.83%. COMMISSION FEES, EURO PRINCIPAL’S SIDE: Shall receive 0.83% of each and every tranche referred in the agreement including all rolls and extensions. Commission rate is 0.83% (ZERO POINT EIGHT THREE PERCENT) This amount is payable to the designated Paymaster Bank Account, upon the closing of each and every tranche for the duration of the contract and including all rolls and extensions. PAYMASTER SALIM ULLAH KHAN Passport No. DF-4106593 BANK NAME: UNITED BANK LIMITED BANK ADDRESS KHANPUR ROAD,TAXILA CANTT,PAKISTAN ACCOUNT NAME: GLOBAL TRADE ACCOUNT NO: 3710128-2 SWIFT CODE: UNILPKKA BANK OFFICER ZULFIQAR AHMED TEL NO:/Fax 0092 51 9314337 EMAIL
[email protected] SPECIAL WIRE PREADVICE MUST BE SENT VIA SWIFT PRIOR TO WIRE INSTRUCTIONS TRANSFER & EMAIL a notification immediately upon each transfer payment together with the transactions code/s to: email Required Message ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN AND ARE PAYABLE IN CASH IMMEDIATELY UPON RECEIPT BY BENEIFICIARY’S BANK.” BENEFICIARIES SALIM ULLAH KHAN
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B.2 – Group 2: EURO PROVIDER FACILITATOR: 0.21 %. COMMISSION FEES, EURO PRINCIPAL’S SIDE: Shall receive shall receive 0.21% of each and every trance referred in the agreement including all rolls and extensions. PAYMASTER B4: EURO INTERMEDIARIES GROUP Commission rate is 0.21% (Zero Point two one Percent) B4 - This amount is payable to the designated Paymaster Bank Account, upon the closing of each and every tranche for the duration of the contract and including all rolls and extensions. PAYMASTER
Morningstar Ventures Ltd/Alexander Sullivan Sperber
Beneficiary Name
As per sub-fee agreement between them EI219218/Belgium
Paymaster passport Bank Name
Pictet & Cie
Bank Address
Route Des Acacias, 60, CH-1211 Geneva 73, Switzerland
Account Name
Morningstar Ventures Ltd
Account Number
J-655421
SWIFT Code
PICT CH GG
IBAN No.
CH98 08755 0655 4210 0100
Bank Officer
Eric Baradez +41 (0)58 323 2323/+41 (0)58 323 2324
Bank Telephone/Fax Paymaster Address Paymaster Office Phone Paymaster Cell phone Paymaster E-mail address Signature
Beneficiary
Brim Hill, London N2, United Kingdom +44 (0)20 7193 8032 +377 (0)6 439 16163
[email protected] ,
[email protected]
Kamran Siddiquie, Luckky International and Group, Mohammed Al Bariqi
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B.3 – Group 3: USD FACILITATOR: 0.21%. COMMISSION FEES, EURO PRINCIPAL’S SIDE: Shall receive shall receive 0.21% of each and every trance referred in the agreement including all rolls and extensions. FEE DUE: Paymaster Name Passport Number Paymaster Address Paymaster Phone & Fax Paymaster Email Bank Name Account name Bank IBAN Code Bank Account Number Bank Fax No. / EMAIL Swift Code Bank Officer Name Bank Telephone For Benefit Of Special Instruction
Required Message
0.21% TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA TBA ALL WIRE TRANSFERS SHALL INCORPORATE BELOW TEXT MESSAGE AND SENDING BANK TO SWIFT MT103 PRE-ADVICE REQUIRED WITH COPY EMAILED TO XXXXXXXXXXXXXX FOR LEGAL VERIFICATION AND DOCUMENTATION PURSUANT TO PATRIOT ACT/BANKING REGULATIONS WITH ONE ORIGINAL CONTRACT COPY TO BE FILED WITH BANK. TEXT MESSAGE: THE S.W.I.F.T. OR CLEAR STREAM TEXT MESSAGE COVERING ALL REMITTANCES SHALL CLEARLY STATE THE FOLLOWING: "CLEAN, CLEARED, LIEN FREE AND UNENCUMBERED FUNDS EARNED FROM FINANCIAL CONSULTING FEES ON COMMERCIAL ENTERPRISES OF NONCRIMINAL AND NON-TERRORIST ORIGINS BUYER’S CODE: --------------- - FOR SAME DAY TRANSFER AND IMMEDIATE CREDIT - THE REMITTER IS KNOWN TO US AND WE ARE SATISFIED AS TO THE SOURCE OF THE FUNDS SENT TO US THIS IS DONE WITH FULL BANKING RESPONSIBILITY.”
B.4 Group 4: USD PROVIDER MANDATE: 1.25% COMMISSION FEES, EURO PRINCIPAL’S SIDE: Shall receive shall receive 1.25% of each and every trance referred in the agreement including all rolls and extensions. FEE DUE: 1.25% Paymaster Name Passport Number Paymaster Address Paymaster Phone & Fax Paymaster Email Bank Name Account name Bank IBAN Code Bank Account Number
CLOSED
TBA TBA TBA TBA TBA TBA TBA TBA
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PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT TRANSACTION CODE USD-P’S CODE EURO P’S CODE CONTRACT NO. Bank Fax No. Swift Code Bank Officer Name Bank Telephone For Benefit Of Special Instruction
Required Message
: : : 008/50B/11/SCB : TBA TBA TBA TBA TBA ALL WIRE TRANSFERS SHALL INCORPORATE BELOW TEXT MESSAGE AND SENDING BANK TO SWIFT MT103 PRE-ADVICE REQUIRED WITH COPY EMAILED TO XXXXXXXXXXXXXX FOR LEGAL VERIFICATION AND DOCUMENTATION PURSUANT TO PATRIOT ACT/BANKING REGULATIONS WITH ONE ORIGINAL CONTRACT COPY TO BE FILED WITH BANK. TEXT MESSAGE: THE S.W.I.F.T. OR CLEAR STREAM TEXT MESSAGE COVERING ALL REMITTANCES SHALL CLEARLY STATE THE FOLLOWING: "CLEAN, CLEARED, LIEN FREE AND UNENCUMBERED FUNDS EARNED FROM FINANCIAL CONSULTING FEES ON COMMERCIAL ENTERPRISES OF NONCRIMINAL AND NON-TERRORIST ORIGINS BUYER’S CODE: --------------- - FOR SAME DAY TRANSFER AND IMMEDIATE CREDIT - THE REMITTER IS KNOWN TO US AND WE ARE SATISFIED AS TO THE SOURCE OF THE FUNDS SENT TO US THIS IS DONE WITH FULL BANKING RESPONSIBILITY.”
BANK ENDORSEMENT / RECEIPT OF DEPOSIT: we hereby acknowledge and confirm this payment agreement/ pay order document is lodged in our bank and the fees are to be paid as per instructions, upon commencement of this transaction. That would be done after the Seller has fill-in his details and after he has sign the contract
BY THE EURO PRINCIPAL / AUTHORIZED SIGNATORY: I HEREBY SWEAR UNDER THE INTERNATIONAL LAWS OF PERJURY AND FRAUD THAT THE INFORMATION PROVIDED BY ME HEREIN IS ACCURATE AND TRUE AND THAT I HAVE READ AND UNDERSTOOD THE FULL CONTRACT. SIGNED AND SEALED ON THE DATE INDICATED BELOW BY SIGNATURE:
-----------------------------------------------SIGNATURE: DATE: 24/8/2011 NAME : MUHAMMAD ASHRAF ADDRESS : DEIRA DUBAI COUNTRY : UNITED ARAB EMIRTIES PASSPORT NO : BR-1844672/PAKISTAN
USD INITIAL
EURO INITIAL
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PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT TRANSACTION CODE USD-P’S CODE EURO P’S CODE CONTRACT NO.
: : : 008/50B/11/SCB :
ANNEX “D” ORIGIN OF FUNDS Funds History USD Provider The undersigned, having been duly sworn and with full authority and responsibility for his Affidavit of Origin of Funds on behalf of _______, LLC or Corporation, a limited liability company affirms his responses as follows: Bank Name / Address Phone / Fax / Contact Account holder’s name: Account number:
: :
1)
Funds are legally earned, taxed, and include no independent third-party managed funds, having been transferred to the Applicant’s account from ___ (describe where funds came from and $ amount) _______.
2)
All information supplied in the documentation submitted and the cash involved, are not in violation of the Patriot Act of October 26, 2001, and amendments thereto, with its related financial crimes counterparts, however interpreted, defined and enacted, whether within the United States its host jurisdiction of this statement or internationally.
3)
Subject funds have no liens, commercial obligations, or encumbrances of any kind pertaining to said cash asset.
4)
Funds owner is not a party to a law suit or pending adverse legal action, further, there are no pending contracts existing, or about to exist, that could affect said cash assets.
--------------------------------------Signature: _________ USD P Name USD INITIAL
EURO INITIAL
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PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT TRANSACTION CODE USD-P’S CODE EURO P’S CODE CONTRACT NO.
: : : 008/50B/11/SCB :
Passport Number:
ANNEX “E” The USD Provider and the EURO P presents the legal tender United States Dollars (USD) and EUROS available in a bank and warrants under penalty of perjury laws of jurisdiction as it applies, that the US DOLLAR and EURO funds are totally derived from legal sources and not from any illegal drug traffic or money laundering activities, terrorist group or association and neither from any other criminal activity, and confirms that the funds are good, clean, clear, of non-criminal origin, free from any liens and taxes, freely transferable to be exchanged for Euros (EURO) and USD The parties must follow the guidelines provided by the rules of the banks on the Anti-Terrorism Act and the U.S.A. Patriot Act I and II. The USD-PR and EURO-PR will not be held responsible for any harmful money laundering. Each Party, individually and separately, accepts liabilities on taxes, import, levies, duties or charges that may be applicable while in the execution of their institutional role.
-------------------------------USD P NAME PASSPORT NO
----------------------------EURO P NAME:MUHAMMAD ASHRAF PASSPORT NO BR-1844672/PAKISTAN
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USD INITIAL
EURO INITIAL
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