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PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT
MT103 TRANSACTION
UNITED STATES DOLLARS FOR EUROPEAN UNION EUROS
This private foreign currency exchange agreement is entered on this day of 2015
and is valid for one (1) year from the date of signing by both parties.
BY and BETWEEN
THE EUR PROVIDER:
NAME:
COMPANY:
REPRESENTED BY:
PASSPORT NUMBER:
COUNTRY OF ISSUE:
ADDRESS:
TELEPHONE NUMBER:
FAX NUMBER:
E-MAIL ADDRESS:
(Hereinafter referred to as “PFEUR”)
THE USDPROVIDER
USD PROVIDER:
TITLE:
PASSPORT NUMBER:
COUNTRY OF ISSUE:
ADDRESS:
TELEPHONE NUMBER:
FAX NUMBER:
E-MAIL ADDRESS:
(Hereinafter referred to as “PFUSD”)
THE USD MANDATE
NAME:
TITLE: MANDATE TO USD PROVIDER
PASSPORT NUMBER:
COUNTRY OF ISSUE:
ADDRESS:
TELEPHONE NUMBER:
FAX NUMBER:
E-MAIL:
Collectively the PFUSD and the PFEUR shall herein be referred to as the “Parties”.
PFUSD Initial: 1 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
The PFEUR/Principal will complete this agreement. Then the PFEUR will sign and seal
this agreement and then return this agreement to the PFUSD for counter signature, with
full details included.
Now, therefore, in consideration of the premises 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 Parties agree to as follows:
WITNESSETH
Whereas, the PFEUR is ready, willing and able to transact this Private Foreign Currency
Exchange involving Euro (EURO) for United States Dollars (USD); and
Whereas, the PFUSD is desirous of and is ready, willing and able to transact this Private
Foreign Currency Exchange involving United States Dollars (USD) for Euro (EURO); and
Whereas, the PFEUR recognizes the PFUSD’s expertise in exchanging Foreign Currencies;
the Parties desires to exchange 50 (Fifty) Billion United States Dollars (USD) with rolls and
extensions, on a Bank to Bank Transfer as follows:
QUANTITY: 50 (Fifty) Billion USD to equivalent in EURO with Rolls and
Extensions
EXCHANGE RATE: London Fixing
BONUS: GROSS 12.5% (Twelve and a half Percent)
NET 10% (Ten Percent)
(To the Benefit of the PF EURO)
CONSULTANCY FEE: 1.50 % (Two Point Five Percent) To USD Side CLOSED
1.0% EURO Side under separate FPA with EUROP
% 0.50 USD DOLLARS COMPLIANCE TEAM PAID ON EURO
PROVIDERS SIDE CLOSED
% 0.50 to the EURO side
% 0.20 Euro providers Mandate (FUNDINGKART)
% 0.20 USD FACILITATOR MS. BILLY GOULTTE
% 0.10 for Euro side consultants paid by a paymaster
TRANSACTION MODE: Unconditional MT103 by both parties
The PFUSD shall pay the equivalent value in USD to
$87.50 Per 100 EUR on the day of each tranche
DESCRIPTION OF THE UNITED STATES OF AMERICA DOLLARS (USD)
CURRENCY: United States of America Dollars
ORIGIN OF CURRENCY: United States of America
CURRENCY ISSUE: Current Valid Currency
CURRENCY DESTINATION: Free from any liens or Encumbrance Freely
Tradable in any country
PFUSD Initial: 2 of 12 PFEUR Initial:
DESCRIPTION OF THE UNITED EUROS-CURRENCY (EUROS)
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
ORIGIN OF CURRENCY: United Europe
CURRENCY ISSUE: Current Valid Currency
CURRENCY DESTINATION: Free from any liens or Encumbrance
Freely Tradable in any country
The Parties must follow the guidelines provided by the rules of the banks on the Anti-
Terrorism Act and the Patriot Act I and II. The USDP will not be held responsible for any harmful
money laundering.
TRANSACTION PROCEDURES
1. PFEUR & PFUSD, directly or through their authorized mandated representative would
accept, sign, seal and return this Private Foreign Currency Exchange Agreement (PFCEA)
along with signatories’ passport copy, appointment (corporate resolution) client information
together with the Irrevocable Master Fee Protection Agreement (IFPA) which is an integral
part of this PFCEA, by fax or e-mail (which shall be deemed as originals). Blue Ink signatures
to be used.
*In case private account owner, corporate resolution is not necessary.
2. Upon signed contract by both parties, PFUSD will issue an outstanding instruction letter
endorsed by their Bank via their Bank Officer guaranteeing Wire Transfer (Via Unconditional
MT103) upon receipt and verification of incoming Wire Transfer (Via Unconditional
MT103) by PFEUR Bank Officer, delivered via Email or Fax and deemed to be original.
3. The PFEUR will unconditionally transfer his EUR to the PFUSD’s bank by unconditional MT103
as per tranche schedule, first tranche to be USD 50 million and thereafter to be agreed.
4. The PFUSD’s Bank Officer, after receipt, verification and authentication of the first
tranche of EUR, immediately from the PFUSD’s account, will execute the
unconditional transfer by unconditional MT103, in USD.
5. Commission / Consultancy Fees will be paid by PFUSD for USD Side & PFEUR for Euro Side.
6. Further tranches continue as per the above procedure until the funds are exhausted on
either side.
CONSULTANCY FEES
The PFUSD shall release and transfer simultaneously the consultancy fees of 2.5% (Two and a
half Percent) to USD consultants as instructed by IFPA and EURO consultants as instructed
by the separate IFPA with EURP.
TRANCHES
Following tranches will be performed under the same procedures until exhausting the local
contractual and any additional available amount. The Parties agree that no changes in banking
coordinates or
PFUSD Initial: 3 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
transaction codes will be allowed during the validity of this agreement, except for the
Banking Coordinates of the Paymasters.
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.
CONFIDENTIAL
In connection with the Private Foreign Currency Exchange Agreement hereunder, the Parties
will provide each other with the all information concerning their designated banks in
writing and this information is designated as confidential and which information the Parties
hereto agree to treat as Confidential the “Confidential Information”. No copies of the
Agreement are to be provided to any third party, but to the Transaction Coordinator only.
The Parties understand and agree that any Confidential Information disclosed pursuant to
this Agreement is secret, proprietary and of great value to both Parties and which value may be
impaired if the secrecy of such information is not maintained. No Parties is allowed to contact
the Bank of the other Party without written authorization.
CORRESPONDENCE
The Parties hereto agree that any notice, designation and consent between the Parties shall
be in written form. English shall be the language for all such notices, designations and
consents. Any change or amendments or additions to this agreement may be valid only by
joint agreement and signature of both Parties.
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, the latest edition of which shall apply to this transaction
for a period of 5 (five) years, no matter whether direct or indirect to include all participants,
buyer, seller, bankers, brokers, facilitators, held binding by all laws of this and all governments for
the complete five years.
PENALTY CLAUSE
Should any of the Parties herein would fail in the performance of the contract, once signed, and
once the Term of Validity thereof had expired, then the failing Party shall indemnify the other
Party for an amount of 2% of the total quantity of first tranche.
PFUSD Initial: 4 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
IN WITNESS WHEREOF
The undersigned Parties have read this document carefully and initialled all the –No-- (IN
LETTERS) pages of this PFCEA and fully understand and agree that its execution constitutes an
acceptance of all of its mutually protective covenants, terms and conditions, and are
lawfully binding upon the “Parties”, and their legal heirs, successors, representatives and
assignees.
THIS PFCEA HAS BEEN ACCEPTED AND AGREED UPON BY BOTH PARTIES.
I hereby swear under the International Laws of Perjury and Fraud that the information provided
by me herein is accurate and true. Signed and sealed this ____ day of 2015.
THE USD CURRENCY PROVIDER -
(Signature)
NAME:
PASSPORT NUMBER:
COUNTRY OF ISSUE:
DATE ISSUED:
EXPIRY DATE
PFEUR P ROVIDER’S
PASSPORT – COPY
I hereby swear under the International Laws of Perjury and Fraud that the information provided
by me herein is accurate and true. Signed and sealed this ____ day of 2015.
THE EURO CURRENCY PROVIDER -
(Signature)
NAME:
PASSPORT & COUNTRY:
COUNTRY OF ISSUE:
DATE OF ISSUE:
EXPIRY DATE:
PFUSD Initial: 5 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
APPENDIX 1
BANKING COORDINATES AND INSTRUCTIONS
BOTH PARTIES HAVE THE RIGHT TO CHANGE BANKING DETAILS BEFORE THE START OF
THE TRANSACTION
UNAUTHORIZED BANK CONTACTS WILL RESULT IN CONTRACT TERMINATION
USD Provider’s Account
BANK NAME:
ADDRESS:
ACCOUNT NAME:
ACCOUNT N°
IBAN CODE
SWIFT CODE
BANK OFFICER
TELEPHONE N°.
FACSIMILE N°
EURO Provider’s Account
BANK NAME:
ADDRESS:
ACCOUNT NAME:
ACCOUNT N°:
SWIFT CODE SINGAPORE:
SWIFT CODE USA:
FED WIRE:
CHIPS UID:
BANK OFFICER:
TELEPHONE N°.:
FACSIMILE N°:
PFUSD Initial: 6 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
:
:
:
:
:
:
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
APPENDIX 2
Tranche Schedule
The daily amount can be increase by mutual accord of the Parties.
There may be Only One Tranche per day at first; settlement First Tranche always takes from
one to two trading days.
CONTRACT AMOUNT: 5 (Five) Billion EUROs (EUR) With Rolls and Extensions
Unconditional MT103
TRANCHE SCHEDULE
WEEK DAY TRANCHE No ___ AMOUNT
1ST WEEK 1 NO.1 EUR 50 MILLION
2 NO.2 E U R
T B A
3 NO.3 EUR T B A
4 NO.4 EUR T B A
5 NO.5 EUR T B A
*SUBSEQUENT TRANCHES TO BE AGREED
For the following weeks, the transaction will continue same schedule except for the Banking
Holidays and to the total completion of the agreed amount value of EUR. *1 Billion will be
based upon two tranches of 500 Million per day.
PFUSD Initial: 7 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
APPENDIX 3
IRREVOCABLE MASTER FEE PROTECTION AGREEMENT
This agreement is an additional irrevocable pay order agreement to the below mentioned
transaction between________________________ represented by,
__________________________ EUR PROVIDER, and, the USD PROVIDER.
NOTE: TRANSACTION CODES MAY CHANGE FOR THIS TRANSACTION OR OTHERS IN THE
FUTURE, BUT ALL PARTIES AGREE THAT NO MATTER WHAT THE TRANSACTION CODES ARE,
THIS IS A NON-RETRACTABLE AGREEMENT
USD PROVIDERS UNITED STATES OF AMERICA DOLLARS (USD) ($)
CURRENCY:
EURO PROVIDERS EURO (€)
CURRENCY:
TOTAL CONTRACT: 50 (Fifty) Billion USD EQUIV. EURO WITH ROLLS AND EXTENSIONS
EXCHANGE RATE: London Fixing
BONUS: 12.5% (Twelve and a half PERCENT) GROSS
10% (TEN PERCENT) NET TO THE USD PROVIDER
COMMISSIONS: 2.5% (Two and a half PERCENT) PAID SIMULTANEOUSLY WITH
EACH TRANCHE AS PER MFPA AND IN THE FOLLOWING SPLIT:
2.5% (TWO POINT FIVE PERCENT) TO USD PROVIDER’S
SIDE FACILITATOR / CONSULTANTS
Euro Consultants on separate IFPA.
EXCHANGE METHOD: UNCONDITIONAL MT103
TRANCHING: TRANCHING TO BE DETERMINED BY BOTH PARTIES’ BANKERS
PFUSD Initial: 8 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
I, , hereinafter known as the PFUSD, acting with full corporate and legal authority and
corporate responsibility, do issue this Irrevocable Master Fee Protection Agreement to
provide consultancy Fee/Pay protection of two point five percent (2.5%) of the face value with
rolls and extensions, as per the Private Foreign Currency Exchange Agreement (PFCEA), and of
each and every tranche of the transaction described above, including all rolls and extensions
thereof, payable to the beneficiaries named herein.
PFUSD will pay commissions to PFUSD side and PFEUR will pay commission under
separate agreement to PFEUR side.
Such payment, for each and every tranche until the total contract amount has been satisfied
in full, including subsequent extensions, additions, rollovers, modifications or renewals
thereof, shall be made, without protest or delay, to herein named beneficiaries by SWIFT Wire
Transfer. The fees will be free of legal impediments and free of any deductions, excluding
bank transfer fees and routine banking delays.
Payer’s bank will be instructed to SWIFT Wire Transfer accrued sums for each
transaction immediately, within One banking day, to the bank accounts nominated herein and /
or to be provided and may be changed by the Paymasters throughout the duration of the
Agreement (PFCEA). In the event that a death occurs of any intermediary, consultant, and/or
individual being compensated in this agreement, compensation will be designated to their
beneficiaries.
All Parties agree not to circumvent, avoid, bypass or obviate each other directly or indirectly to
avoid payment of commissions or fees in any transaction pending, or in the future, for as long as
a contract shall remain in force between two principals, or, for a period of five (5) years
from the date of execution of this agreement should no contract result. At no time shall
either party disclose or otherwise reveal to any third party any confidential information, code
or reference and or any such information advised to the other party as being confidential or
privileged without the formal written permission of the other party.
This agreement includes by reference and incorporates the Standard International Non-
Circumvention Agreement and conditions as set forth by the International Chamber of
Commerce (ICC Publication 400/500, revised 1994).
This document constitutes a guaranteed, irrevocable, unconditional and not retractable
payment commitment issued to the beneficiaries named herein, to simultaneously pay,
without any protest and/or delay, upon the closing of each and every tranche, until the
transaction under the above entered code(s) is
totally completed.
PFUSD Initial: 9 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
USD PROVIDER SIDE:
2.5% (Two Point five percent) of the total amount of the face value of the contract (PFCEA) with
rolls & extensions, distributed between the following beneficiaries / Paymasters:
PFUSD Initial: 10 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
The undersigned does hereby irrevocably guarantee with full authority and responsibility and
under penalty of perjury the full execution of this Irrevocable Master Fee Protection Agreement.
I hereby swear under the International Laws of Perjury and Fraud that the information provided
by me herein is accurate and true.
In witness, whereof, the undersigned has executed this Master Fee Protection Agreement on this
day of 2015.
THE USD CURRENCY PROVIDER -
PFUSD Initial: 11 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
PFUSD’S CODE:
TRANSACTION CODE:
PFEUR’S CODE:
Signed as Accepted……………………………… Seal ----------------
NAME:
COMPANY:
PASSPORT NUMBER:
COUNTRY OF ISSUE:
DATE OF ISSUE:
DATE OF EXPIRY:
ADDRESS:
TELEPHONE NUMBER:
FAX NUMBER:
In witness, whereof, the undersigned has executed this agreement on this ____ day of 2015.
NOTE: TRANSACTION CODES MAY CHANGE FOR THIS TRANSACTION OR OTHERS IN THE
FUTURE, BUT ALL PARTIES AGREE THAT NO MATTER WHAT THE TRANSACTION CODES ARE,
THIS IS A NON-RETRACTABLE AGREEMENT
PFUSD Initial: 12 of 12 PFEUR Initial:
THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL

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DRAFT CONTRACT USD VS EURO UNCONDITIONAL MT103

  • 1. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT MT103 TRANSACTION UNITED STATES DOLLARS FOR EUROPEAN UNION EUROS This private foreign currency exchange agreement is entered on this day of 2015 and is valid for one (1) year from the date of signing by both parties. BY and BETWEEN THE EUR PROVIDER: NAME: COMPANY: REPRESENTED BY: PASSPORT NUMBER: COUNTRY OF ISSUE: ADDRESS: TELEPHONE NUMBER: FAX NUMBER: E-MAIL ADDRESS: (Hereinafter referred to as “PFEUR”) THE USDPROVIDER USD PROVIDER: TITLE: PASSPORT NUMBER: COUNTRY OF ISSUE: ADDRESS: TELEPHONE NUMBER: FAX NUMBER: E-MAIL ADDRESS: (Hereinafter referred to as “PFUSD”) THE USD MANDATE NAME: TITLE: MANDATE TO USD PROVIDER PASSPORT NUMBER: COUNTRY OF ISSUE: ADDRESS: TELEPHONE NUMBER: FAX NUMBER: E-MAIL: Collectively the PFUSD and the PFEUR shall herein be referred to as the “Parties”.
  • 2. PFUSD Initial: 1 of 12 PFEUR Initial: THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 3. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: The PFEUR/Principal will complete this agreement. Then the PFEUR will sign and seal this agreement and then return this agreement to the PFUSD for counter signature, with full details included. Now, therefore, in consideration of the premises 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 Parties agree to as follows: WITNESSETH Whereas, the PFEUR is ready, willing and able to transact this Private Foreign Currency Exchange involving Euro (EURO) for United States Dollars (USD); and Whereas, the PFUSD is desirous of and is ready, willing and able to transact this Private Foreign Currency Exchange involving United States Dollars (USD) for Euro (EURO); and Whereas, the PFEUR recognizes the PFUSD’s expertise in exchanging Foreign Currencies; the Parties desires to exchange 50 (Fifty) Billion United States Dollars (USD) with rolls and extensions, on a Bank to Bank Transfer as follows: QUANTITY: 50 (Fifty) Billion USD to equivalent in EURO with Rolls and Extensions EXCHANGE RATE: London Fixing BONUS: GROSS 12.5% (Twelve and a half Percent) NET 10% (Ten Percent) (To the Benefit of the PF EURO) CONSULTANCY FEE: 1.50 % (Two Point Five Percent) To USD Side CLOSED 1.0% EURO Side under separate FPA with EUROP % 0.50 USD DOLLARS COMPLIANCE TEAM PAID ON EURO PROVIDERS SIDE CLOSED % 0.50 to the EURO side % 0.20 Euro providers Mandate (FUNDINGKART) % 0.20 USD FACILITATOR MS. BILLY GOULTTE % 0.10 for Euro side consultants paid by a paymaster TRANSACTION MODE: Unconditional MT103 by both parties The PFUSD shall pay the equivalent value in USD to $87.50 Per 100 EUR on the day of each tranche DESCRIPTION OF THE UNITED STATES OF AMERICA DOLLARS (USD) CURRENCY: United States of America Dollars ORIGIN OF CURRENCY: United States of America CURRENCY ISSUE: Current Valid Currency CURRENCY DESTINATION: Free from any liens or Encumbrance Freely Tradable in any country
  • 4. PFUSD Initial: 2 of 12 PFEUR Initial: DESCRIPTION OF THE UNITED EUROS-CURRENCY (EUROS) THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 5. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: ORIGIN OF CURRENCY: United Europe CURRENCY ISSUE: Current Valid Currency CURRENCY DESTINATION: Free from any liens or Encumbrance Freely Tradable in any country The Parties must follow the guidelines provided by the rules of the banks on the Anti- Terrorism Act and the Patriot Act I and II. The USDP will not be held responsible for any harmful money laundering. TRANSACTION PROCEDURES 1. PFEUR & PFUSD, directly or through their authorized mandated representative would accept, sign, seal and return this Private Foreign Currency Exchange Agreement (PFCEA) along with signatories’ passport copy, appointment (corporate resolution) client information together with the Irrevocable Master Fee Protection Agreement (IFPA) which is an integral part of this PFCEA, by fax or e-mail (which shall be deemed as originals). Blue Ink signatures to be used. *In case private account owner, corporate resolution is not necessary. 2. Upon signed contract by both parties, PFUSD will issue an outstanding instruction letter endorsed by their Bank via their Bank Officer guaranteeing Wire Transfer (Via Unconditional MT103) upon receipt and verification of incoming Wire Transfer (Via Unconditional MT103) by PFEUR Bank Officer, delivered via Email or Fax and deemed to be original. 3. The PFEUR will unconditionally transfer his EUR to the PFUSD’s bank by unconditional MT103 as per tranche schedule, first tranche to be USD 50 million and thereafter to be agreed. 4. The PFUSD’s Bank Officer, after receipt, verification and authentication of the first tranche of EUR, immediately from the PFUSD’s account, will execute the unconditional transfer by unconditional MT103, in USD. 5. Commission / Consultancy Fees will be paid by PFUSD for USD Side & PFEUR for Euro Side. 6. Further tranches continue as per the above procedure until the funds are exhausted on either side. CONSULTANCY FEES The PFUSD shall release and transfer simultaneously the consultancy fees of 2.5% (Two and a half Percent) to USD consultants as instructed by IFPA and EURO consultants as instructed by the separate IFPA with EURP. TRANCHES Following tranches will be performed under the same procedures until exhausting the local contractual and any additional available amount. The Parties agree that no changes in banking coordinates or PFUSD Initial: 3 of 12 PFEUR Initial:
  • 6. THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 7. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: transaction codes will be allowed during the validity of this agreement, except for the Banking Coordinates of the Paymasters. 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. CONFIDENTIAL In connection with the Private Foreign Currency Exchange Agreement hereunder, the Parties will provide each other with the all information concerning their designated banks in writing and this information is designated as confidential and which information the Parties hereto agree to treat as Confidential the “Confidential Information”. No copies of the Agreement are to be provided to any third party, but to the Transaction Coordinator only. The Parties understand and agree that any Confidential Information disclosed pursuant to this Agreement is secret, proprietary and of great value to both Parties and which value may be impaired if the secrecy of such information is not maintained. No Parties is allowed to contact the Bank of the other Party without written authorization. CORRESPONDENCE The Parties hereto agree that any notice, designation and consent between the Parties shall be in written form. English shall be the language for all such notices, designations and consents. Any change or amendments or additions to this agreement may be valid only by joint agreement and signature of both Parties. 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, the latest edition of which shall apply to this transaction for a period of 5 (five) years, no matter whether direct or indirect to include all participants, buyer, seller, bankers, brokers, facilitators, held binding by all laws of this and all governments for the complete five years. PENALTY CLAUSE Should any of the Parties herein would fail in the performance of the contract, once signed, and once the Term of Validity thereof had expired, then the failing Party shall indemnify the other Party for an amount of 2% of the total quantity of first tranche. PFUSD Initial: 4 of 12 PFEUR Initial: THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 8. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: IN WITNESS WHEREOF The undersigned Parties have read this document carefully and initialled all the –No-- (IN LETTERS) pages of this PFCEA and fully understand and agree that its execution constitutes an acceptance of all of its mutually protective covenants, terms and conditions, and are lawfully binding upon the “Parties”, and their legal heirs, successors, representatives and assignees. THIS PFCEA HAS BEEN ACCEPTED AND AGREED UPON BY BOTH PARTIES. I hereby swear under the International Laws of Perjury and Fraud that the information provided by me herein is accurate and true. Signed and sealed this ____ day of 2015. THE USD CURRENCY PROVIDER - (Signature) NAME: PASSPORT NUMBER: COUNTRY OF ISSUE: DATE ISSUED: EXPIRY DATE
  • 9. PFEUR P ROVIDER’S PASSPORT – COPY I hereby swear under the International Laws of Perjury and Fraud that the information provided by me herein is accurate and true. Signed and sealed this ____ day of 2015. THE EURO CURRENCY PROVIDER - (Signature) NAME: PASSPORT & COUNTRY: COUNTRY OF ISSUE: DATE OF ISSUE: EXPIRY DATE: PFUSD Initial: 5 of 12 PFEUR Initial: THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 10. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: APPENDIX 1 BANKING COORDINATES AND INSTRUCTIONS BOTH PARTIES HAVE THE RIGHT TO CHANGE BANKING DETAILS BEFORE THE START OF THE TRANSACTION UNAUTHORIZED BANK CONTACTS WILL RESULT IN CONTRACT TERMINATION USD Provider’s Account BANK NAME: ADDRESS: ACCOUNT NAME: ACCOUNT N° IBAN CODE SWIFT CODE BANK OFFICER TELEPHONE N°. FACSIMILE N° EURO Provider’s Account BANK NAME: ADDRESS: ACCOUNT NAME: ACCOUNT N°: SWIFT CODE SINGAPORE: SWIFT CODE USA: FED WIRE: CHIPS UID: BANK OFFICER: TELEPHONE N°.: FACSIMILE N°: PFUSD Initial: 6 of 12 PFEUR Initial: THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL : : : : : :
  • 11. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: APPENDIX 2 Tranche Schedule The daily amount can be increase by mutual accord of the Parties. There may be Only One Tranche per day at first; settlement First Tranche always takes from one to two trading days. CONTRACT AMOUNT: 5 (Five) Billion EUROs (EUR) With Rolls and Extensions Unconditional MT103 TRANCHE SCHEDULE WEEK DAY TRANCHE No ___ AMOUNT 1ST WEEK 1 NO.1 EUR 50 MILLION 2 NO.2 E U R T B A 3 NO.3 EUR T B A 4 NO.4 EUR T B A 5 NO.5 EUR T B A *SUBSEQUENT TRANCHES TO BE AGREED For the following weeks, the transaction will continue same schedule except for the Banking Holidays and to the total completion of the agreed amount value of EUR. *1 Billion will be based upon two tranches of 500 Million per day. PFUSD Initial: 7 of 12 PFEUR Initial:
  • 12. THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 13. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: APPENDIX 3 IRREVOCABLE MASTER FEE PROTECTION AGREEMENT This agreement is an additional irrevocable pay order agreement to the below mentioned transaction between________________________ represented by, __________________________ EUR PROVIDER, and, the USD PROVIDER. NOTE: TRANSACTION CODES MAY CHANGE FOR THIS TRANSACTION OR OTHERS IN THE FUTURE, BUT ALL PARTIES AGREE THAT NO MATTER WHAT THE TRANSACTION CODES ARE, THIS IS A NON-RETRACTABLE AGREEMENT USD PROVIDERS UNITED STATES OF AMERICA DOLLARS (USD) ($) CURRENCY: EURO PROVIDERS EURO (€) CURRENCY: TOTAL CONTRACT: 50 (Fifty) Billion USD EQUIV. EURO WITH ROLLS AND EXTENSIONS EXCHANGE RATE: London Fixing BONUS: 12.5% (Twelve and a half PERCENT) GROSS 10% (TEN PERCENT) NET TO THE USD PROVIDER COMMISSIONS: 2.5% (Two and a half PERCENT) PAID SIMULTANEOUSLY WITH EACH TRANCHE AS PER MFPA AND IN THE FOLLOWING SPLIT: 2.5% (TWO POINT FIVE PERCENT) TO USD PROVIDER’S SIDE FACILITATOR / CONSULTANTS Euro Consultants on separate IFPA. EXCHANGE METHOD: UNCONDITIONAL MT103 TRANCHING: TRANCHING TO BE DETERMINED BY BOTH PARTIES’ BANKERS PFUSD Initial: 8 of 12 PFEUR Initial: THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 14. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: I, , hereinafter known as the PFUSD, acting with full corporate and legal authority and corporate responsibility, do issue this Irrevocable Master Fee Protection Agreement to provide consultancy Fee/Pay protection of two point five percent (2.5%) of the face value with rolls and extensions, as per the Private Foreign Currency Exchange Agreement (PFCEA), and of each and every tranche of the transaction described above, including all rolls and extensions thereof, payable to the beneficiaries named herein. PFUSD will pay commissions to PFUSD side and PFEUR will pay commission under separate agreement to PFEUR side. Such payment, for each and every tranche until the total contract amount has been satisfied in full, including subsequent extensions, additions, rollovers, modifications or renewals thereof, shall be made, without protest or delay, to herein named beneficiaries by SWIFT Wire Transfer. The fees will be free of legal impediments and free of any deductions, excluding bank transfer fees and routine banking delays. Payer’s bank will be instructed to SWIFT Wire Transfer accrued sums for each transaction immediately, within One banking day, to the bank accounts nominated herein and / or to be provided and may be changed by the Paymasters throughout the duration of the Agreement (PFCEA). In the event that a death occurs of any intermediary, consultant, and/or individual being compensated in this agreement, compensation will be designated to their beneficiaries. All Parties agree not to circumvent, avoid, bypass or obviate each other directly or indirectly to avoid payment of commissions or fees in any transaction pending, or in the future, for as long as a contract shall remain in force between two principals, or, for a period of five (5) years from the date of execution of this agreement should no contract result. At no time shall either party disclose or otherwise reveal to any third party any confidential information, code or reference and or any such information advised to the other party as being confidential or privileged without the formal written permission of the other party. This agreement includes by reference and incorporates the Standard International Non- Circumvention Agreement and conditions as set forth by the International Chamber of Commerce (ICC Publication 400/500, revised 1994). This document constitutes a guaranteed, irrevocable, unconditional and not retractable payment commitment issued to the beneficiaries named herein, to simultaneously pay, without any protest and/or delay, upon the closing of each and every tranche, until the transaction under the above entered code(s) is totally completed. PFUSD Initial: 9 of 12 PFEUR Initial: THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 15.
  • 16. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: USD PROVIDER SIDE: 2.5% (Two Point five percent) of the total amount of the face value of the contract (PFCEA) with rolls & extensions, distributed between the following beneficiaries / Paymasters: PFUSD Initial: 10 of 12 PFEUR Initial: THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 17. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: The undersigned does hereby irrevocably guarantee with full authority and responsibility and under penalty of perjury the full execution of this Irrevocable Master Fee Protection Agreement. I hereby swear under the International Laws of Perjury and Fraud that the information provided by me herein is accurate and true. In witness, whereof, the undersigned has executed this Master Fee Protection Agreement on this day of 2015. THE USD CURRENCY PROVIDER -
  • 18. PFUSD Initial: 11 of 12 PFEUR Initial: THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL
  • 19. PFUSD’S CODE: TRANSACTION CODE: PFEUR’S CODE: Signed as Accepted……………………………… Seal ---------------- NAME: COMPANY: PASSPORT NUMBER: COUNTRY OF ISSUE: DATE OF ISSUE: DATE OF EXPIRY: ADDRESS: TELEPHONE NUMBER: FAX NUMBER: In witness, whereof, the undersigned has executed this agreement on this ____ day of 2015. NOTE: TRANSACTION CODES MAY CHANGE FOR THIS TRANSACTION OR OTHERS IN THE FUTURE, BUT ALL PARTIES AGREE THAT NO MATTER WHAT THE TRANSACTION CODES ARE, THIS IS A NON-RETRACTABLE AGREEMENT
  • 20. PFUSD Initial: 12 of 12 PFEUR Initial: THIS DOCUMENT IS STRICTLY PRIVATE AND CONFIDENTIAL