EURO P’S CODE: XXXXXXXXXXXXXXX

USD P’S CODE:

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CONTRACT CODE:
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PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT

US DOLLARS ($ USD) FOR EURO (€ EUR)
Bank to Bank SWIFT TO SWIFT (MT 103/23)

Date xx/xx/xx

This private foreign exchange transaction agreement and the four (4) attached Annexes are entered on
this 04th, day of February 2011 by and between:

USD PROVIDER PRINCIPAL:

COMPANY NAME :
REPRESENTED BY :
ADDRESS :
COUNTRY :
PASSPORT Nº :
PHONE :
FAX :
E-MAIL :

(Hereinafter referred to as USD Principal or USD-P)

AND

EURO PROVIDER PRINCIPAL :

COMPANY NAME :
REPRESENTED BY :
ADDRESS :
COUNTRY :
PASSPORT Nº :
PHONE Nº :+
FAX Nº :+
E-MAIL: :

(Hereinafter referred to as Euro Principal or EUR-P)

REPRESENTED BY :
ADDRESS :
COUNTRY :
PASSPORT NO :
PHONE : +
E-MAIL :
(Hereinafter referred to as Euro Mandate)

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
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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 mode upon banks agreement, according to the following terms, conditions and agreed Bank to Bank
procedure.

EURO PRINCIPAL’S CURRENCY: EURO

USD PRINCIPAL’S CURRENCY: US DOLLARS

1.1 DESCRIPTION OF THE UNITED STATES DOLLARS (USD) CURRENCY:

CURRENCY : UNITED STATES DOLLARS; LEGAL TENDER OF USA.

ORIGIN OF CURRENCY : NON-CRIMINAL ORIGIN.
YEAR OF CURRENCY ISSUE : CURRENT VALID CURRENCY; IN CIRCULATION, FREE FROM
ANY LIENS OR ENCUMBRANCES, FREELY TRADABLE IN ANY
COUNTRY
CONTRACT QUANTITY : 50 BILLION USD WITH R & E
FIRST TRANCHE : $49,5 MILLION USD
SUBSEQUENT TRANCHES : PER TRANCHE SCHEDULE AS AGREED

1.2 DESCRIPTION OF THE EURO (EUR) CURRENCY:

CURRENCY : EUROS, LEGAL TENDER OF E. U.

ORIGIN OF CURRENCY : NON-CRIMINAL ORIGIN.
YEAR OF CURRENCY ISSUE : CURRENT VALID CURRENCY; IN CIRCULATION, FREE FROM
ANY LIENS OR ENCUMBRANCES, FREELY TRADABLE IN ANY
COUNTRY
CONTRACT QUANTITY : 50 BILLION USD WITH R & E
FIRST TRANCHE : $49,5 MILLION USD
SUBSEQUENT TRANCHES : PER TRANCHE SCHEDULE AS AGREED

2. TRANSACTION CONDITIONS:

TRANSACTION MODE : BANK TO BANK (SWIFT MT103 OR AS AGREED)

RATE OF EXCHANGE : LONDON MORNING FIXING INTER-BANK EXCHANGE RATE.
BONUS : GROSS 15% USD; NET 10% TO THE EURO PRINCIPAL
CONSULTANCY FEES : TOTAL OF 5% ALLOWED TO BE SPLIT ON 50 / 50 BASIS
USD PRINCIPAL SIDE : 2.5% TO USD-P’S SIDE, TO BE PAID BY EURO PRINCIPAL
EURO PRINCIPAL SIDE : 2.5% TO EURO-P’S SIDE, TO BE PAID BY EURO PRINCIPAL
FEE TRANSACTION MODE : FROM EURO-P’S BANK UNCONDITIONALLY TO PAYMASTERS.

Per each USD$100 the Euro Principal shall pay the equivalent value in €UROS of $85 USD on
the day of each tranche to the USD Provider.

3. TRANSACTION PROCEDURES:

1) 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).
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2) THIS AGREEMENT ALONG WITH THE FPA IS TO BE LODGED WITH EACH PARTY’S BANK.

3) AT A SPECIFIED WINDOW TIME BY MEANS OF A TELEPHONE CALL : __, February, 2011.

12:00 a.m. EURO TIME, THE USD-P BANK OFFICER WILL CONTACT THE EURO-P BANK OFFICER
TO ESTABLISH WHEN THE USD-P BANK OFFICER WILL SEND THE SWIFT PRE-ADVISE FOR THE
FIRST TRANCHE. IN ORDER FOR THE BANK OFFICERS TO MAKE THIS COMMUNCIATION, A
SECURITY CODE WILL BE SUPPLIED BY THE EUR-P TO THE USD-P AND THE USD-P TO THE EUR-
P, ONCE THE CONTRACT HAS BEEN SIGNED.

QUOTE: VIA SWIFT MESSAGE WIRE

Contract Code:

SWIFT MESSAGE (PRE-ADVISE)

Message to be sent to EURP Bank

We, the USD BANK _________________________, hereby confirm that our client , ______________, (USD-PV)
is prepared to transfer the amount of USD$49,500,000.00,00 (Forty Nine Million Five Hundred
Thousand United States of America Dollars) into your Client's Mr. __________ account. Please
confirm to us that your client, ___________EURO-P______________________is prepared to receive our
funds in the above mentioned amount and that upon authentication and verification of same,
your client, ___________EURO-P______________________is prepared to swift payment under your client’s
EURO-P Contract Code: “CTC. ___________________________ »,

UNQUOTE

QUOTE: VIA SWIFT MESSAGE WIRE

SWIFT MESSAGE MT-799 (PRE-ADVISE)

Message to be sent to USD Bank

We, EURO-P BANK ________________, ADREES___, hereby confirm that our client,
_______________________________________, is ready to receive your clients funds in the amount of
$49,500,000.00,00 (Forty Nine Million Five Hundred Thousand United States of America
Dollars), and is prepared to swift payment to your client , MR. ……………………( The USD-PV) as
agreed upon in our Client’s EURO-P Contract Code: “CTC._________________________________ »,
immediately after authentication and verification of the received swift from your client the
(USD-PV).

UNQUOTE

VERY IMPORTANT: SEND E-MAIL TO Mr. ___________________ ADVISING

HIM WHEN THE PRE-ADVISE MESSAGE IS SENT.

4) THE USD PRINCIPAL’S BANK TRANSFERS USD VIA SWIFT CONDITIONAL TO THE EURO
PRINCIPAL’S CLOSING BANK COORDINATES THE FIRST TRANCHE OF USD$49.5
MILLION DOLLARS, AFTER RECEIPT OF THE EURO-P MT799.

5) UPON VERIFICATION, THE EURO PRINCIPAL’S CLOSING BANK SHALL THEN SEND, ON
THE SAME BANKING DAY AS ABOVE, VIA SWIFT UNCONDITIONAL, THE EURO TO THE
USD PRINCIPAL’S RETURN BANK IN ACCORDANCE WITH THE BANKING INSTRUCTIONS
WITHIN THIS AGREEMENT.

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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 Anti-Terrorism 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. CONSULTANCY FEES TO EURO-PRINCIPAL’S SIDE:

To be paid by the EURO Principal to the bank accounts designated by the PAYMASTERS in ANNEX D”
ATTACHED.
B. CONSULTANCY FEES TO USD-PRINCIPAL’S SIDE:
To be paid by the EURO Principal to the bank accounts designated by the PAYMASTER in ANNEX “D”
ATTACHED.

6. CONSULTANCY FEES BANKING INSTRUCTIONS AND INFORMATION:

THE EURO PRINCIPAL shall release and otherwise transfer funds in the form of EUROS for payment
of The PAY ORDERS – Fee Agreement- attached herewith to the EUR and USD MANDATES,
FACILITATORS & BENEFICIARIES/INTERMEDIARIES, 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 The USA, UK, Switzerland or any European Union
country having jurisdiction, as it applies. And said law shall govern the interpretation, enforceability,
performance, execution, validity and any other such matters regarding this Contract.

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.

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4. 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.

5. 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.

6. 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 1% of the total quantity of the
transaction; and one percent of said one [1%] 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 one [1%] percent shall be paid to the
facilitators only. The facilitators have the right to make a legal claim for such amount of one [1%]
percent as it applies, of the total amount contracted, in any court of jurisdiction against the party
failing to perform.

7. 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.

8. 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.

9. 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.

10. 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.

11. 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.

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.
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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: ________________________ DATE: XXX DAY OF FEBRUARY, 2011

NAME :
PASSPORT Nº :
DATE OF EXPIRY :
COUNTRY OF ISSUE :
TITLE :

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: 04TH DAY OF FABRUARY, 2011

NAME :
PASSPORT Nº :
DATE OF EXPIRY :
COUNTRY OF ISSUE :
TITLE :

INTENTIONALLY LEFT BLANK

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ANNEX “A”
USD PRINCIPAL’S BANKING COORDINATES:

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 :

BANK ADDRESS :

ACCOUNT NAME :

ACCOUNT N° :

IBAN CODE :

SWIFT / BIC CODE :

BANK OFFICER :

CONTRACT ID :

DIRECT TEL. N° B OFFICER :

TELEPHONE N° :

FACSIMILE N° :

E-MAIL :

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ANNEX “B”
THE TRANCHE SCHEDULE (ALL AMOUNTS BELOW ARE IN USD): FIRST TRANCHE SHALL
INITIATE XX DAY OF FABRUARY, 2010.

Exchange Period Tranching Exchanged Amounts in Million USD

PER
Week DAY TR AMOUNT COMPLETED TOTAL 50 BILLION
DAY
1. Day 1 49,500,000 49,500,000
49,500,000 49,500,000
Week_01

2. Day 1
3. Day 1 1 BI 1 BI
4. Day 1 AS AGREE
5. Day 1

6. Day 1
Week_02

7. Day 1
8. Day 1
9. Day 1
10. Day 1

11. Day 1
Week_03

12. Day 1
13. Day 1
14. Day 1
15. Day 1

16. Day 1
Week_04

17. Day 1
18. Day 1
19. Day 1
20. Day 1

21. Day 1
Week_05

22. Day 1
23. Day 1
24. Day 1
25. Day 1
TOTAL ===> TOTAL OPEN ====>>

THE FOLLOWING TRANCHES WILL BE IN THE AMOUNT OF $49,500,000 USD. 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”
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IRREVOCABLE FEE AGREEMENT / PAY ORDER TO FACILITATORS

FOR THE TRANSACTION OF THE
PRIVATE FOREIGN CURRENCY EXCHANGE AGREEMENT

TO BE SIGNED BY EURO PRINCIPAL, TO THE BENEFICIARIES OF THIS FEE AGREEMENT:

USD PRINCIPAL SIDE: 2 ½ % (PAID BY THE EURO PRINCIPAL) (CLOSED)
EUR PRINCIPAL SIDE: 2 ½ % (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 CONTRAT AMOUNT OF 5 BI USD WITH ROLLS AND EXTENSIONS AND A
TOTAL BONUS OF 5% TO BE PAID IN FEES,

I, _______________________________ , AS THE EURO PROVIDER 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 5.0% (FIVE
PERCENT) IN 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% SELLER SIDE COMMISSION OF THE CONTRACT TOTAL AMOUNT

A) USD SIDE
A1) PAYMASTER RECEIVING 2.5 % USD SELLER SIDE OF THE TOTAL CONTRACT
VALUE (XXXXXX PERCENT)

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PAYMASTER NAME: USD MANDATE

Beneficiary
Passport Nº
Bank Name:
Bank Address:
SWIFT Code:
Account Name:
Account No:
IBAN Code:
Telephone No:
Facsimile No:
Bank Officer:

B EURO SIDE
2.5% Euro side fees is split as follow:

B1) PAYMASTER RECEIVING 1,25% EUR BUYER SIDE OF THE TOTAL CONTRACT
VALUE (XXXXXX PERCENT)
Paymaster: usd Mandate AND GROUP
Beneficiary 1,25%
Passport Nº:
Bank Name:
Bank Address:
SWIFT Code:
Account Name:
Account No:
IBAN Code:
Telephone No:
Facsimile No:
Bank Officer:
Beneficiary

INTENTIONALLY LEFT BLANK

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B1-2) PAYMASTER RECEIVING 1,25% EUR BUYER SIDE OF THE TOTAL CONTRACT
VALUE (XXXX PERCENT)
PAYMASTER: 0,83% EURO Mandate
Paymaster XX%
Passport Nº:
Bank Name:

Bank Address:

SWIFT Code:

Account Name:

Account No:

IBAN Code:
Telephone

Facsimile No:
Bank Officer:
Beneficiaries:

B1-3) PAYMASTER RECEIVING 0,21 % BUYER SIDE OF THE TOTAL CONTRACT

VALUE (XXXXXXX PERCENT)
PAYMASTER: EURO Facilitator Group
Paymaster XXX %
Passport Nº:
Bank Name:
Bank Address:
Intermediary Bank:
SWIFT or ABA Code:
Beneficiary Bank:
Beneficiary Bank Account:
SWIFT Code:
Account Name (beneficiary):
BANESCO, S.A. Account No:
Telephone
Bank Officer:
Bank Officer Telephone:

B1-4) PAYMASTER RECEIVING 0,21 % BUYER SIDE OF THE TOTAL CONTRACT

VALUE (XXXX FIVE)
PAYMASTER: EURO Facilitators
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Paymaster XXX %
Passport Nº:
Bank Name:
Bank Address:
SWIFT Code:
Account Name:
Account No:
IBAN Code:
Telephone
Facsimile No:
Bank Officer:
BENEFICIARIES:

INTENTIONALLY LEFT BLANK

INTENTIONALLY LEFT BLANK

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.
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THIS PAY ORDER IS ENDORSED BY THE BANK OFFICER UPON

COMMENCEMENT OF TRANCH.

BANK
SEAL

SIGNATURE OF BANK OFFICER: ____________________

NAME OF BANK OFFICER: __________________________
NAME OF BANK: ___________________________________
TEL. / FAX: ________________________________________
DATE: _____/ _____/ 2010

BANK
SEAL
SIGNATURE OF BANK OFFICER: ___________________
NAME OF BANK OFFICER: _________________________
NAME OF BANK: __________________________________
TEL. / FAX: ________________________________________
DATE: _____/ _____/ 2010

INTENTIONALLY LEFT BLANK

PAYOR (BUYER/EURO-PROVIDER)-BANKING COORDINATES

euro PRINCIPAL’S BANKING COORDINATES:

BANK NAME :

BANK ADDRESS :

ACCOUNT NAME :

ACCOUNT N° :

IBAN CODE :

SWIFT / BIC CODE :

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BANK OFFICER :

CONTRACT ID :

DIRECT TEL. N° B OFFICER :

TELEPHONE N° :

FACSIMILE N° :

E-MAIL :

WE, THE UNDERSIGNED HEREWITH IRREVOCABLY AGREE THAT THE LISTED

BENEFICIARIES IN THIS AGREEMENT DO NOT ASSUME ANY RESPONSIBILITY FOR
THE ABOVE NAMED TRANSACTION AND THAT THEY CANNOT BE HELD LIABLE FOR
ANY REASON WHATSOEVER, EXCEPT FOR THE NON-CIRCUMVENTION AND NON-
DISCLOSURE (N.C.N.D) VIOLATIONS.

WE, THE UNDERSIGNED HEREWITH IRREVOCABLY AGREE THAT ALL RULES AND
REGULATIONS OF I.C.C. 400/500/600 OR ITS LATEST EDITION REGARDING
CONFIDENTIALITY, NON-CIRCUMVENTION AND NON-DISCLOSURE APPLIES TO ALL
PARTIES OF THE AGREEMENT AND THE SAID RULES AND REGULATIONS SHALL
REMAIN IN FULL FORCE FOR A PERIOD OF FIVE (5) YEARS FROM THE DATE OF THIS
AGREEMENT, WITH EXTENSIONS TO BE AGREED UPON.

WE, THE UNDERSIGNED HEREWITH IRREVOCABLY AGREE THAT I.C.C. RULES AND
REGULATIONS SHALL GOVERN THIS AGREEMENT AND THAT ALL ENTITLEMENTS
UNDER THIS PAY-ORDER SHALL INCLUDE THE ENTIRE TRANSACTION NAMES
HEREIN AND ANY FURTHER EXTENSIONS, ROLLOVERS OR NEGOTIATED
TRANSACTIONS LEADING TO NEW CONTRACTS UNDER NEW TRANSACTION CODES
BETWEEN BUYER/BUYER’S MANDATE AND SELLER/SELLER’S MANDATE.

WE, THE UNDERSIGNED HEREWITH IRREVOCABLY AGREE THAT THIS AGREEMENT

AND PAYMENT ORDER IS UNCONDITIONAL, ASSIGNABLE AND DIVISIBLE TO
BENEFICIARIES, HEIRS AND ASSIGNEES UPON WRITTEN NOTICES TO ALL PARTIES
CONCERNED.

WE, THE UNDERSIGNED AS THE PAYOR (BUYER/EURO-PROVIDER) HEREWITH

IRREVOCABLY AGREE:

A) THAT OUR BANK SHALL PROVIDE THE BENEFICIARIES BY FAX OR EMAIL, ALL
PAYMENT INTRUCTIONS AND DOCUMENTATIONS UPON CLOSING OF EACH
AND EVERY TRANCHE OF THE REFERENCED TRANSACTION.

B) THAT ALL BENEFICIARIES SHALL HAVE A LINE ON THE CURRENCIES THAT

ARE SUBJECT OF THE REFERENCED TRANSACTION IN THE EVENT THAT ANY
OR ALL DUE PAYMENTS HAVE NOT BEEN MADE.

C) THAT UNDER NO CIRCUMSTANCES WHATSOEVER, THIS IRREVOCABLE

MASTER FEE PROTECTION AGREEMENT AND PAY-ORDER SHALL BE
WITHDRAWN OR INSTRUCTIONS GIVEN TO THE PAYING BANK TO DISHONOUR
ANY PAYMENT DEMAND BY ANY BENEFICIARY LISTED IN THIS AGREEMENT
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WHICH IS DUE TO THE BENEFICIARY UNDER THE TERMS AND CONDITIONS

OF THIS AGREEMENT.

D) THAT ALL BENEFICIARIES LISTED IN THIS AGREEMENT ARE THIRD PARTY

BENEFICIARIES TO THE UNDERLYING PRIVATE CURRENCY EXCHANGE
AGREEMENT BETWEEN THE PRINCIPAL CURRENCY PROVIDERS.

E) THAT THE FEES AND COMMISSIONS STATED ARE COMPENSATION FOR

SERVICES RENDERED AND ARE IRREVOCABLE, IRRETRIEVABLE AND
UNCONDITIONALLY GUARANTEED TO BE PAID SIMULTANEOUSLY ON THE
SAME DAY OF THE TRANCHE FOR EACH AND EVERY TRANCHE OF THE BANK
INSTRUMENT REFERRED TO IN THIS CONTRACT. THE FEES WILL BE FREE OF
LEGAL IMPEDIMENT AND FREE OF ANY DEDUCTIONS EXCLUDING ROUTINE
BANKING DELAYS. "CLEAN, CLEARED, LIEN FREE AND UNENCUMBERED
FUNDS EARNED FROM FINANCIAL CONSULTING FEES ON COMMERCIAL
ENTERPRISES OF NON-CRIMINAL AND NON-TERRORIST ORIGINS - KNOWN
BY TRANSACTION CODE: "XXXXXXXXXXXXXXXXXXX" - 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.”

F) THAT ANY ATTEMPTS TO CIRCUMVENT, BYPASS, ALTER OR CHANGE THIS

AGREEMENT (OR THE SPIRIT OF THIS AGREEMENT) BY CHANGING OR
CAUSING TO BE CHANGED OR HAVING KNOWLEDGE OF ANY CHANGES TO
THE TRANSACTION NUMBERS IN THIS AGREEMENT TO WILFULLY AND
KNOWINGLY AVOID PAYING THE FEES OWED TO THE PERSONS LISTED
BELOW, ANY ONE (OR ALL) OF THE PERSON(S) LISTED IN THIS AGREEMENT
HAS THE FULL RIGHTS TO CONTACT THE SELLER AND THE US-FED WITH A
BREACH OF CONTRACT, CEASE & DESIST ORDER AND ANY FURTHER BUYS
WILL BE HALTED.

IF ANY OF THE EVENTS IN THE ABOVE PARAGRAPH OCCUR, WE, THE

UNDERSIGNED HEREWITH UNDERSTAND AND AGREE THAT WE WILL BE EXCLUDED
FROM CONDUCTING BUSINESS WITH THIS SELLER AT ANY TIME IN THE FUTURE.

WE, THE UNDERSIGNED HEREWITH AGREE TO PAY RESTITUTION TO THE ALL

BENEFICIARIES LISTED IN THIS AGREEMENT THE FULL AMOUNT THAT WOULD
HAVE BEEN PAID IF AN AVOIDANCE OF PAYMENT, CIRCUMVENTION, ALTERATION,
OR CHANGE OF THE TRANSACTION (OR CODE) NUMBER(S) HAD NOT OCCURRED.

WE, THE UNDERSIGNED AS THE PAYOR (BUYER/EURO-PROVIDER) RESERVE THE

RIGHT TO CHANGE BANKS AT ANY STAGE DURING ANY GIVEN TRANSACTION, BUT
SUCH CHANGE WILL HAVE NO BEARING ON THE CONTENTS OF THIS AGREEMENT.

SHOULD WE, THE UNDERSIGNED AS THE PAYOR (BUYER-EURO-PROVIDER)

CHANGE BANKS, THIS AGREEMENT WILL BE LODGED WITH THE NEW BANK
IMMEDIATELY AND BEFORE OR SIMULTANEOUSLY WITH THE FIRST TRANSACTION
DONE WITH THE NEW BANK AND THE BENEFICIARIES LISTED HEREIN SHALL BE
NOTIFIED.

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CONTRACT CODE:
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SHOULD WE, THE UNDERSIGNED AS THE PAYOR (BUYER/EURO-PROVIDER) NOT DO

SO, WE, THE UNDERSIGNED AS THE PAYOR (BUYER/EURO-PROVIDER) FURTHER
AUTHORIZES ANY BENEFICIARY LISTED HEREIN TO LODGE THIS IRREVOCABLE
MASTER FEE PROTECTION AGREEMENT WITH THE OUR NEW BANK AND SUCH
LODGING SHALL CARRY THE SAME FORCE AND EFFECT AS IF WE, THE
UNDERSIGNED AS THE PAYOR (BUYER-EURO-PROVIDER) HAD DONE SO
HIMSELF/HERSELF.

WE, THE UNDERSIGNED AS THE PAYOR (BUYER/EURO-PROVIDER) WAIVE ALL

DEFENSES.
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.

WE, THE UNDERSIGNED AS THE PAYOR (BUYER/EURO-PROVIDER) AGREE THAT

METHOD OF PAYMENT OF ALL FEES WILL BE SWIFT WIRE OR DIRECT WIRE
TRANSFER OF FUNDS, ON THE SAME DATE OF TRANCHE COMPLETION, TO BE
ACCOMPANIED BY A CERTIFICATE OF GOOD, CLEAN, CLEARED, NON-CRIMINAL
ORIGIN OF FUNDS IN EURO DOLLARS. "CLEAN, CLEARED, LIEN FREE AND
UNENCUMBERED FUNDS EARNED FROM FINANCIAL CONSULTING FEES ON
COMMERCIAL ENTERPRISES OF NON-CRIMINAL AND NON-TERRORIST ORIGINS -
KNOWN BY TRANSACTION CODE: "XXXXXXXXXXXXXXXX" - 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.”

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: __________________________
NAME :
PASSPORT Nº :
USD-P’s Initials: Page 16 of 20 Pages EUR-P’s
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USD P’S CODE:
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CONTRACT CODE:
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DATE OF EXPIRY :
COUNTRY OF ISSUE :
TITLE :

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 SIGNATURE:

SIGNATURE: ___________________________
NAME :
PASSPORT Nº :
DATE OF EXPIRY :
COUNTRY OF ISSUE :
TITLE :

INTENTIONALLY LEFT BLANK

ANNEX “D”
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

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USD P’S CODE:
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CONTRACT CODE:
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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 PROVIDER EURO PROVIDER

SIGNATURE:_________________ SIGNATURE:__
_________________
NAME: NAME:
PASSPORT Nº: PASSPORT Nº:

EURO Mandate

SIGNATURE:___________________
NAME:
Passport No:

INTENTIONALLY LEFT BLANK

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USD P’S CODE:
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CONTRACT CODE:
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EURO PROVIDER PASSPORT COLOR COPY

EURO MANDATE PASSPORT COLOR COPY

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USD P’S CODE:
TRANSACTION CODE: XXXXXXXXXXXXXXXXXXXXXXXXXXX
CONTRACT CODE:
SECURITY CODE :

USD PROVIDER PASSPORT COLOR COPY

<<<<<<<< END OF DOCUMENT >>>>>>>>>

USD-P’s Initials: Page 20 of 20 Pages EUR-P’s

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