40+2-FC-MTN-LOI-IMFPA-via Dr Wilson Christson

BUYER’S BANK ENDORSEMENT

 (ON BUYER’S LETTERHEAD TYPED IN 11 SIZE FONT WITH FULL ADDRESS,

PHONE FAX AND EMAIL WITH EACH PAGE NUMBERED AND INITIALED.)

 

LETTER OF INTENT

(MEMORANDUM OF AGREEMENT)

Date                          :

Transaction Code    :

Seller’s Code            :

Buyer’s Code            :

I, Mr. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx as authorized signatory for xxxxxxxxxxxxxxxxxxxxxx,                                           under penalty of perjury, hereby confirm with full legal and corporate responsibility, that we are ready, willing and able to undertake for the exchange of the herein described Medium Term Notes (“MTN”) derived from legal sources and of non-criminal origin through our banking resources under the terms and conditions stated herein.

BANK INSTRUMENT DESCRIPTION

Instrument:        Medium Term Notes (MTN).

Format:               Per Standard Top World Bank / ICC Format (EXHIBIT AA) 

Issuing Bank:     The Hongkong and Shanghai Banking Corporation –London UK.

    Currency:            USD/Euro

Term:                  Ten (10) years and One (1) day.

Age:                     Fresh Cut/New Issued.

Interest Rate:     (7.5%) in EURO/USD, paid annually in arrears.

Total Amount:    (EUR) 500billion Euro with Rolls and Extensions.

First Tranche:    Euro One billion Euro 1B

Subs Tranches:  As agreed by both Principals.

    Denomination:  USD/EURO 100M, 250M, 500M, and 1B, as available and as mutually agreed.

Invoice Price:     Forty percent (40%) of Face Value or better.

Commission:     (2%) percent of Face Value, 1% For Seller’s Side And 1% For Buyer’s Side.

Payment:            POF BY MT799 SWIFT cash backed .after confirmation of POF within

                            7banking days  We deliver by MT760 Medium Term Notes (MTN).All fees

                              paid by wire transfer

 Delivery:           Original Hard Copies bonded couriered bank-to-bank within Seven (7)

                                 international banking days per instruction.

PROCEDURES:

1.            Buyer submits this Letter of Intent (LOI) / Memorandum of Agreement (MOA) with full banking Co-ordinates, and Client’s Information Sheet, Non-Solicitation Letter, Company Registration and Copy of the Signatory’s Passport, Corporate Resolution, Indemnity Pay Protection Agreement.

2.          After completion of Seller’s “Due Diligence”, the Seller signs, stamps and returns by Fax/Email the LOI, which will become a Memorandum of Agreement (MOA), With Seller’s full banking Co-ordinates.  Fax/Email copies of this MOA will initiate the Transaction.

3.           Within three (3) international banking days Seller will issue an invoice to buyer and  ,   verbiage of the  POF  to the buyer ,buyer received invoice and verbiage of the POF

4.          Buyer instruct his bank to send POF by swift MT799 to the sellers  provided receiving bank coordinate and send swift copy to seller,After verification and authentication of the SWIFT POF MT799.

5.         The Seller shall deliver the “Bank Certified Invoice of Medium Term Notes (MTN)” to Buyer’s Bank together with Printout of Euroclear Screen containing but not limited to CUSIP/ISIN Numbers, Issuing Banks, Date of Issuance and Maturity, Denominations, Text of Instrument, Custodial Safekeeping Numbers, Euroclear Screen Access Codes, Full Bonding Power information, etc.  (Note: “Private Placement” to be shown on the Invoice Price on Corporate Invoice and No price shall be shown on screen).

6.         After verification and authentication of the Corporate Invoice, Buyer will accept the Medium Term Notes and within eight (8) banking hours, Buyer’s Bank shall release the payment via SWIFT Wire Transfer to Seller’s Bank.

7.          The Hard copies of the Medium Term Notes to be delivered via bank bonded courier to Buyer’s Bank within seven (7) banking days after the payment being received by Seller’s Bank.

8.          All subsequent tranches will be based on the same procedures until collateral or funds become exhausted.

                                             

                                                  Banking coordinates:

Buyer’s Full Banking Coordinates
               

                 Bank Name:                     
                 Bank Address:     

           SWIFT Code:       

     Bank Officer:       

     Bank Tel. No.:     

     Bank Fax No.:      

     Account Name:   
    Account No.:

           

 Seller’s Full Banking Coordinates:

               

                 Bank Name:                     
                 Bank Address:     

           SWIFT Code:       

     Bank Officer:       

     Bank Tel. No.:     

     Bank Fax No.:      

     Account Name:   
    Account No.:

                                                             PROVISIONS:

                                                                  

                                                              

1. Any unauthorized bank calls, probes, communications and any improper solicitations or disclosure involving any bank concerned in this transaction will result in the immediate cancellation of this transaction and subject the violating party responsible for damages.
2. This Letter of Intent (LOI) / Memorandum of Agreement (MOA) shall be binding upon and inure to the benefit of the Parties hereto, their respective executors, administrators, heirs and successors, and may not be assigned by either Party without to express written consent of the other Party.
3. The Parties further attest that they are informed and aware of the Status prohibiting fraudulent investment advice. The Parties have not relied in the Financial Transaction(s) (or any portion thereof) pursuant to the United States Securities Act of 1933 or its Agreement and the Financial Transaction(s) occurring are exempt from the Securities Act and are not intended for the general public.
4. The Parties agree that all information contained herein is for the express knowledge, benefit and private use of the Parties to this Letter of Intent (LOI) / Memorandum of Agreement (MOA). This Letter of Intent (LOI) / Memorandum of Agreement (MOA) shall be kept in strictest confidence and may not be reproduced or conveyed in any manner or method whatsoever including any electronic reproduction or verbally transmitted, sanitized, to any third party without the express written consent of the other Party and neither Party shall attempt at any time to violate this provision, except as herein exclusively provided.
5. This Letter of Intent (LOI) / Memorandum of Agreement (MOA) is a full recourse commercial commitment governed by the laws of the jurisdictions in which both parties reside and standards under ICC Regulations.
6. Should any provision or portion of this Letter of Intent (LOI) / Memorandum of Agreement (MOA be held to be unenforceable or invalid for any reason, only that provision or portion shall be affected and shall be changed or amended by the Parties hereto in the manner which most closely conforms to the lawful meaning of the original provision or portion. The remaining provisions or portions of this Agreement shall remain in force and effect and shall not be affected by such holding.
7. The standards of the International Chamber of Commerce, Paris, France, regarding Non-Circumvention and Non-Disclosure, Payment of Fees together with the Force Majeure are deemed to be included in the body of this Agreement, even though not explicitly stated herein.
8. The FORCE MAJEURE exception clause of the International Chamber of Commerce (I.C.C. Publication #421) is hereby incorporated in and made an integral part of this document.
9. Both parties hereby affirm and attest that each has the authority to accept and execute this full legal contract and to be bound by its terms and conditions.
10. This transaction constitutes a private placement for the purchase and sale of bank instrument, conducted between Two (2) principal entities to be defined by contract and as such, is not intended to be nor shall be interpreted as a securities transaction as defined by the European Securities Act or as amended by law or any other nation.
11. The Parties acknowledge that they have read this Agreement in their entirety and have had adequate legal and financial counsel sufficient to legally and fully understand its contents and agree to its terms and conditions.
12. Facsimile copies of this document when fully executed are to be considered original and binding. This Corporate Offer / MOA is binding to the parties upon acceptance.

                                                           MUTUAL INDEMNITY:

1. The parties agree to fully indemnify each other against the failure of either party of the Collateral Provider to carry out their respective obligations in the Agreement (LOI/MOA).
2. The failure of the Collateral Provider will be deemed as failure on the part of the Seller’s and the Buyer’s shall be held responsible as the offending party.
3. The offending party shall be solely liable and accountable for all damages and costs claimed by third parties against the aggrieved party as well as to compensate a reasonable and justifiable amount to the aggrieved party.

                                         INVALIDATION AND COMPENSATION:

1. The parties shall endeavor with every reasonable means to keep this Agreement and subsequent agreements strictly confidential and safely away from third parties.
2. Agreements shall be invalidated immediately should any copy falls into the hands or custody of third parties irrespective whether material damages were caused or not.
3. The aggrieved party shall refer the offending party for arbitration as prescribed on Clause 7 to access the compensation for costs, expenses and damages incurred by the aggrieved party for the invalidation.

                               NON-CIRCUMVENTION AND NON-DISCLOSURE:

1. The Parties fully agree to abide with general principles of the international Chambers of Commerce concerning non-circumvention and non-disclosure in their conduct with each other.
2. In the event of such an offence occurring, this agreement shall be invalidated immediately and Clause 9.3 shall apply.

                                        ARBITRATION AND GOVERNING LAW:

All questions or differences whatsoever which may at any time hereafter arise between the parties in relation to this Agreement and subsequent agreements or parts thereof shall be referred for arbitration by one (1) or two (2) arbitrations which number the parties shall agree to, subject to the provisions of law relating to arbitration in [Country] as may be in force from time to time.

We hereby acknowledge and confirm that neither the Collateral Provider nor their associates, nor any person on their behalf solicited me in any way whatsoever that can be construed to be a solicitation herein.

We hereby confirm with full authority that the above terms are agreed and acceptable.

For and on behalf of BUYER:                              For and on behalf of SELLER:

                                               

_________________________                                  _________________________

Authorized Signature,                                             Authorized Signature,

Print Name:                                                               Print Name:  

Title:                                                                           Title:  

Passport No.:                                                             Passport No.:  

Issuing Country:                                                       Issuing Country:  

Date:                                                                           Date:

Seal:                                                                            Seal:

IRREVOCABLE PAY ORDER AGREEMENT

Dated:

DESCRIPTION OF INSTRUMENT

Instrument:        Medium Term Notes (MTN).

Format:               Per Standard Top World Bank / ICC Format (EXHIBIT AA) 

Issuing Bank:     The Hongkong and Shanghai Banking Corporation –London UK.

    Currency:            USD/Euro

Term:                  Ten (10) years and One (1) day.

Age:                     Fresh Cut/New Issued.

Interest Rate:     (7.5%) in EURO/USD, paid annually in arrears.

Total Amount:    (EUR) 500billion Euro with Rolls and Extensions.

First Tranche:    Euro One billion Euro 1B

Subs Tranches:  As agreed by both Principals.

    Denomination:  USD/EURO 100M, 250M, 500M, and 1B, as available and as mutually agreed.

Invoice Price:     Forty percent (40%) of Face Value or better.

Commission:     (2%) percent of Face Value, 1% For Seller’s Side And 1% For Buyer’s Side.

Payment:            POF BY MT799 SWIFT cash backed .after confirmation of POF within

                            7banking days  We deliver by MT760 Medium Term Notes (MTN).All fees

                              paid by wire transfer

 Delivery:           Original Hard Copies bonded couriered bank-to-bank within Seven (7)

                                 international banking days per instruction.

We,  xxxx.  Represented  By:  XXX,  holder  of  XXX  Passport  No.:  XXX (Herein after the “Payor”)acting with full responsibility, hereby irrevocably and unconditionally, without protest or notification, without prejudice, recourse, or delay guarantee to pay the fee entitled to the beneficiaries listed on this document, via Wire transfer, at the time of settlement of each and  Every  tranche of the transaction. This Fee Agreement is our irrevocable pay order to the intermediaries and is  and shall remain an intricate part of the contract between the buyer and the seller.

This pay order shall remain in effect until this transaction, including any renewals, extensions and additions are fully completed.

We  confirm  that  upon  the  execution  of  this  “Fee  Protection  Agreement”  this  document  is  our Irrevocable Pay order. This Agreement-Pay order shall be lodged in our bank and a copy from that bank will be forwarded to you the beneficiaries. We agree that this irrevocable pay-order will also be lodged with seller’s side paymaster’s bank for the simultaneous collection with the first tranche.

In recognition  for  the  services  rendered  towards  the  completion of  contractual  formalities  and  the commencement of the above referenced transaction, we the undersigned Payor, hereby irrevocably and unconditionally, without protest, demand or delay, promise and guarantee to pay consultancy fees of Two Percent (2.0%) of the face value of the instruments, for the benefit of the consultants being hereinafter called collectively the “beneficiaries” and individually a “Beneficiary”.

The  said  consultancy  fee  shall  be  paid  upon  the  successful  closing  of  each  and  every  tranche concurrently with each payment of the instruments purchased by us. Further, the said consultancy fees shall be  paid in good,  clean clear  and unencumbered United States Dollars and delivered, via wire transfer, to your designated trust account coordinates.

This “Fee Agreement-Pay Order” is unconditional, assignable and divisible. This “Fee Agreement-Pay Order”  shall  ensure  to  the  benefit  of  the  beneficiaries  and  their  respective  heirs,  administrators, successors  and  assigns,  as  the  case  may  be,  and  shall  be  binding  and  enforceable  upon  us,  our successors and assigns as  the case may be, until this transaction, including any renewals, extensions and additions are fully completed.

This  Fee  Agreement-Pay  Order,  if  transmitted  by  facsimile,  shall  be  considered  an  original,  legally enforceable document.

Generally recognized International Standards of Non Circumvention and Non-disclosure are applicable for a period of Five Years from the date of this document or the last date of the contract including any renewals, extensions and additions are fully completed and we agree to respect those.

We hereby declare that we are fully aware that the information received from you is in direct response to our request and is not in any way considered or intended to be a solicitation of funds of any sort, or any type of offering, and is intended for our general knowledge only.

We hereby affirm, under penalty of perjury, that we have requested information from you and your organization by our choice and free will, and further that you have not solicited us in any way.

We understand that the contemplated transaction is strictly one of private placement and is in no way relying upon or relating to the United States Securities Act of 1933, as amended, or related regulations, and does not involve the sale of securities. Further, we hereby declare we are not licensed brokers or government employees and understand neither are you or your organization.

We mutually agree that this private placement transaction is exempt from the Securities Act and is not intended for the general public and all materials are for our “PRIVATE USE ONLY”. Intermediaries are NOT Advisors of any kind.

All negotiations terms and conditions are between the principle parties and their perspective legal counsel only!  Both  principle  parties  are  responsible  for  the  ramification  of  their  own  actions.  All Intermediaries  are considered introducers and held harmless from  any legal actions  brought on by either  party.  Parties  to  this agreement are independent contractors  and all contemplated  payments and/or disbursements hereunder are divided interests. Nothing in this agreement construes or creates a partnership or employer/employee relationship between or among the parties hereto.

All taxes, federal, state or other are the independent responsibility of each of the parties hereto. The above stated codes, (the seller’s code to be provided by the seller) and any other identification codes shall remain the same and shall not be changed until this transaction including any renewals, extensions and additions are fully completed and we agree to respect those.

The transaction code may be amended only by agreement between all parties hereto. This transmission via facsimile will be accepted as an original and I confirm that I have authority to execute this Pay Order.

Irrevocable Fee Protection / Irrevocable Pay order for Consultant Fees of the face value from each and every tranche of this transaction, including any rolls or extensions, to be shared equally as follows:

SELLER’S SIDE COMMISSION OF 1 % OF FULL FACE VALUE, INCLUDING ROLLS AND EXTENSIONS (CLOSED )

PAYMASTER INFORMATION

BENEFICIARIES NAME	King Solomon Banking Group-Holdings- Dr Wilson Christson , Woon Nyuk Moi ,  and Assigns
BANK NAME:	Bank of East Asia
BANK ADDRESS:	BEA Building, 60 Rosinson Road Singapore 068892
ACCOUNT HOLDER:	WOON NYUK MOI
SWIFT CODE:	BEASSGSG
BANK ACCOUNT NO:	000098072370
BANK OFFICER NAME:	MISS TRICIA

EXTENSIONS

SELL  SIDE GROUP 1 PAYMASTER:  TOTAL COMMISSION PAYABLE:  1% OF FULL FACE VALUE, INCLUDING ROLLS AND EXTENSIONS Required Instructions	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 NON-CRIMINAL AND NON-TERRORIST ORIGINS, KNOWN BY BUYER or SELLERS CODE:      "XXXX-XXXX-xxxx", FOR SAME DAY SETTLEMENT.

Special Instructions      : SAME DAY TRANSFER AND IMMEDIATE CREDIT

Required Message        : “The Remitter is known to us. This is done with Full Banking Responsibility and we are satisfied as to the Source of Funds sent to us.

Instrument:        Medium Term Notes (MTN).

Format:               Per Standard Top World Bank / ICC Format (EXHIBIT AA) 

Issuing Bank:     The Hongkong and Shanghai Banking Corporation –London UK.

    Currency:            USD/Euro

Term:                  Ten (10) years and One (1) day.

Age:                     Fresh Cut/New Issued.

Interest Rate:     (7.5%) in EURO/USD, paid annually in arrears.

Total Amount:    (EUR) 500billion Euro with Rolls and Extensions.

First Tranche:    Euro One billion Euro 1B

Subs Tranches:  As agreed by both Principals.

    Denomination:  USD/EURO 100M, 250M, 500M, and 1B, as available and as mutually agreed.

Invoice Price:     Forty percent (40%) of Face Value or better.

Commission:     (1%) percent of Face Value, 1/2% For Seller’s Side And 1/2% For Buyer’s Side.

Payment:            POF BY MT799 SWIFT cash backed .after confirmation of POF within

                            7banking days  We deliver by MT760 Medium Term Notes (MTN).All fees

                              paid by wire transfer

 Delivery:           Original Hard Copies bonded couriered bank-to-bank within Seven (7)

                                 international banking days per instruction.

BUYER’S SIDE COMMISSION OF  1% OF FULL FACE VALUE, INCLUDING ROLLS AND EXTENSIONS, SHALL BE PAID TO THE FOLLOWING PAYMASTERS:

BENEFICIARIES:
PAYMASTER:
BANK NAME:
BANK ADDRESS:
ACCOUNT HOLDER:
BANK ACCOUNT NO: BANK CODE:
BANK OFFICER NAME:
SWIFT CODE (IBAN):
BANK TEL:
BANK FAX:
SPECIAL WIRE INSTRUCTIONS:
Email Address for notification of Funds
Required Message:

This Agreement-Pay order shall be lodged in our bank and a copy from that bank will be forwarded to all beneficiaries.

This Agreement/Irrevocable Corporate Payment Order and the payment of commissions herein are subject to the International Chamber of Commerce “ICC” and the ICC Arbitration Act as adopted by the ICC office in Geneva, Switzerland, by three arbitrary appointees in accordance with ICC rules.

All NC/ND clauses as prescribed by ICC rules (Latest Edition) shall apply to this Agreement and Payment Order. This Agreement and Irrevocable Corporate Payment Order is irrevocable, divisible, and unconditional, and may be assigned only by the beneficiaries named herein. This Agreement and Irrevocable Corporate Payment Order may be executed in one or more counterparts, each one shall be deemed an original and all together shall constitute one and the same document.

A signed Fax or electronically transmitted copy of this document shall be deemed binding on the “Parties” with the force as the signed original. The Agreement and Irrevocable Corporate Payment Order is valid when commencement of the above-referenced transaction takes place and shall remain valid and enforceable for the full terms of the transaction, including any new agreement between the Buyer and Seller and/or their assigns.

The beneficiaries reserve the right to change the bank coordinates stated herein at any time by providing written request to the Buyer. Upon execution of the Agreement and the Final Agreement and prior to, or simultaneously with the first transaction, we guarantee that this Master Fee Protection Agreement and Irrevocable Corporate Payment Order will be lodged with the Buyer’s Bank.

The Buyer’s bank shall provide the beneficiaries, by e-mails or by tele/fax with copies of the swift related to all payment instructions upon the closing of each and every transaction of the above transaction.

BUYER’S PAYING BANK DETAILS:

Bank Name:  

Bank Address: 

SWIFT Code:  

Telephone:

Fax:

Account Name: 

Account Number:

In the event that the transaction was not performed or only performed in part, the paymasters or beneficiaries listed above shall not hold the undersigned Payer responsible for any expenses, charges and/or cost, or hold the Payer liable for any civil and criminal actions. The unperformed part of this Irrevocable Master Fee Protection Agreement will therefore automatically become null and void.

Approved and agreed by

[Name of the BUYER]

___________________________

Legal & Authorized Signatory

Date:

Signatory Full Name: 

Title:

Nationality:

Passport #:

Date of Issuance:

Date of Expiration:

                               EXHIBIT AA.  – MEDIUM TERM NOTE (SPECIMEN ONLY)       

                                               MEDIUM TERM NOTE (SPECIMEN)

(FINAL VERBIAGE AS PER ISSUING BANK/ STANDARD ICC FORMAT)

No.                              :

Amount                      : US$/Euro ___, 000,000.00 (___ Billion Euros)

Currency                     : US$

CUSIP No.                   :                      

ISIN No.                      :

Issued at                     : __

Issue date                   :

Maturity date            : Ten (10) years + One (1) day

For value received, we, the undersigned, [--Issuing Bank--], hereby irrevocably and unconditionally without protest or notification promise to pay against this Medium Term Note to the order of [--name of beneficiary--] the bearer or holder thereof, at maturity, the sum of [--in figures and words--] Euros in the lawful currency of the European upon presentation and surrender of this Guarantee at the office of [--name and address of Issuing Bank--].

Such payment shall be made without set-off and clear of any deductions or charges, fees, or withholdings of any nature now or hereafter imposed, levied, collected, withheld or assessed by government of [---country of issue---] or any political sub-division or authority thereof therein.

This Medium Term Note is transferable, assignable and divisible without notification of the issuing bank and payment of any transfer fee.

This Medium Term Note is subject to the Uniform Customs and Practice for Bank Instrument in accordance with the International Chamber of Commerce Publication No. 500 (latest revision).

This Medium Term Note shall be governed by and shall be construed in accordance with the law of [--country of issue--].

For and on behalf of

[---Name of issuing bank---]

______________________________                            ____________________________

Name of Bank officer                                                            Name of Bank Officer

Title                                                                                           Title

                                          MT799 POF BY SWIFT

swift pof via mt799 from buyer bank to seller bank verbiage

sender bank info:----------------------------------

reciever bank info:-----------------------------

WE, (NAME OF BANK AND ADDRESS), HEREBY CONFIRM, WITH FULL BANK RESPONSIBILITY AND LIABILITY, THAT OUR ABOVE-REFERENCE ACCOUNT HOLDER, _____________ , CURRENTLY HAS, ON DEPOSIT, IN ACCOUNT NUMBER _________, CASH FUNDS IN THE TOTAL AMOUNT  OF five hundred million euro. AT THE INSTRUCTION OF OUR ACCOUNT HOLDER, THESE FUNDS ARE HEREBY BLOCKED AND RESERVED, IN THE ABOVE-REFERENCED ACCOUNT, FOR THE BENEFIT OF OUR ABOVE-REFERENCED ACCOUNT HOLDER'S DESIGNATED BENEFICIARY seller company name FOR A PERIOD OF THIRTEEN (13) MONTHS FROM THE DATE OF ISSUANCE OF THIS TRANSMISSION, FOR ITS FULL USE AND BENEFIT.

WE CONFIRM THAT OUR ACCOUNT HOLDER HAS FULL CUSTODY OVER THE CASH FUNDS IN THEIR ACCOUNT AND THE FUNDS SHALL REMAIN RESERVED UNDER THEIR EXCLUSIVE INSTRUCTIONS. WE ALSO CONFIRM THAT THE FUNDS ARE GOOD, CLEAN, CLEARED, AND LEGITIMATELY EARNED CASH FUNDS OBTAINED FROM NON-CRIMINAL BUSINESS ACTIVITIES. THE FUNDS ARE UNRESTRICTED AND FREE OF ANY LEVY, LIENS OR ENCUMBRANCES AND ARE FREELY AVAILABLE FOR INVESTMENTS.  

WE FURTHER CONFIRM THAT THIS RESERVED FUNDS LETTER HAS BEEN ISSUED WITH FULL BANK RESPONSIBILITY AND THAT THIS RESERVED FUNDS LETTER IS FREELY AVAILABLE TO OUR ACCOUNT HOLDER'S DESIGNATED BENEFICIARY, seller company name TO SERVE AS COLLATERAL TO SECURE ANY LOAN, CREDIT LINE OR CREDIT FACILITY.

THIS IS FULLY OPERATIVE INSTRUMENT.

FOR AND ON BEHALF OF [BANK NAME] OF [BANK ADDRESS]

WE CONFIRM IS EMISSION AND CERTIFY THE TRANSPARENCY OF THIS OPERATION. 

 _____________________ ______________________

Bank officer signature,                                                         bank office signature,

Print name                                                                            print name:xxxxx

Pin no                                                                                   pin no

Title title:

Phone: phone:

---------------------------------------------

Name:

Title:

Nationality:

Passport  No:

Country of Issue:   Date of Issuance:   Expiry:

(buyer’s PIC ID IN COLOR)

Name:

Title:

Nationality:

Passport  No:

Country of Issue:   Date of Issuance:   Expiry:

---------------------------------------------

MT799 POF BY SWIFT

We, client bank  , (full address), hereby confirm with full bank responsibility that our client, ( insert the name of the client ) as of this date, has euro 00.000.000  ( million euro) in his account, nbr …………. With us.

We further confirm that the funds in the amount of euro 00.000.000 ( million euro) are hereby reserved in your favour xxxxxxxxxxxxxxxxxxxxxxx and that these funds shall remain so reserved for a period of thirteen (13) calendar months, from the date of this swift, for their full use and benefit.

We confirm that these funds are unrestricted, free of any liens or encumbrances, clean and legally obtained and are freely available for investments.

We also confirm that this callable, transferable and assignable bank confirmation swift is a fully confirmed instrument that may serve as collateral to secure any loan, credit line or credit facilities.

This swift is verifiable on a bank-to-bank basis by a nominated bank officer contacting the undersigned.

This bank instrument is subject to the uniform custom and practice (1993 revision) under international chamber of commerce publication number 500.

 _____________________                                                      ______________________

Bank officer signature,                                                         bank office signature,