Professional Documents
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MANAGEMENT AGREEMENT
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And
PARTY B
Mr: ARTURO G. SALINAS
BLUE LION
Address: 301 E. CAMELLIA. APT. 106_A
Address Code: 78501
City: Mc ALLEN
State: TEXAS
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MANAGEMENT AGREEMENT
Country: USA
Phone
+956- 687 5605
Fax:
E-mail: amitsalinas@yahoo.com
Chairman : Mr. ARTURO G SALINAS
Title
President
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MANAGEMENT AGREEMENT
2.
STRATEGIC ALLIANCE
I, the undersigned hereby declare, under the penalty of perjury, that I am the
authorized signatory on the________________________ of clean, clear,
unencumbered funds of non-criminal origin. by this my statutory declaration, I
confirm that I have legal authority over the above described funds and account. I
further declare that I have requested of Mr. ARTURO G SALINAS to act in our
place and stead to arrange for our funds/assets to be used to generate revenues for
the purpose of funding and supporting projects I deem to be worthy and
beneficial to our interests. Projects will include . to this end, I have
engaged the service of ..In a strategic alliance for the mutual benefit of both
parties. This alliance is not intended to, nor does it create a partnership.
..acknowledges that the bond power and authority gives
.power only to transact and manage the asset on behalf of the strategic
alliance.
3.
CODES
The client and the manager agree that the following codes are established
exclusively for this agreement, and the transaction(s) contemplated, and subject
to this agreement and that such codes will remain active throughout the entire
term of this agreement;
Agreement Number:
Transaction Number:
Transaction Code:
4.
TERMINATION OF AGREEMENT
The termination of this agreement, subject to the current transaction being
initiated, and consummated successfully, can be earlier than the stated term of
five (5) years by mutual consent between the parties, but will be for a minimum
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MANAGEMENT AGREEMENT
period of one (1) year and a maximum period of five (5) years unless
mutually extended or terminated, giving one to the other six (6) months notice of
their intentions. Three (3) months before termination of the agreement, the
manager will present a report on the status of the investment(s) under their
control to the client or the estate of the client, in the event of his/her death. The
client or the estate of the client at its own discretion may extent the
agreement.
In the event that the agreement is not extended, the manager shall arrange for the
transfer of all financial records of a non-confidential nature and income to the
designated beneficiary or the client or its estate. The client or its estate will
prepare a deed of discharge acknowledging receipt of records, investments, and
income, and that it is satisfied that the assets and investments have been managed
in an acceptable manner.
5.
UNDERTAKINGS OF THE MANAGER
Upon satisfactory bank-to-bank verification, authentication, confirmation, and
acceptance of clients funds/assets the manager will secure, over a period of ten
(10) banking days a credit facility against the funds/assets of the client (personal
bank promissory). If additional documentation is required to secure the credit
facility, the client will cause such documentation to be submitted within three
(3) banking days of such request to the co-ordinates provided by the manager.
The manager for and on behalf of the client transacts this mandate
in
a
fiduciary capacity. Instructions to the manager may be given only by the
client.
5.3 to facilitate, arrange, administer, supervise, prepare, negotiate, and
re-negotiate, amend or modify contracts, and agreements for the utilization,
and implementation of clients funds/assets into financial transactions
hereinafter referred to as the "investment" with any private, government, bank,
financial institution, securities firm, and/or public/private trusts or foundations.
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Upon completion of the stipulated intent of this agreement the manager will cause
the funds/assets to be returned to the clients nominated co-ordinates free, and
clear of any liens or encumbrances.
6.
The client represents, warrants, confirms and acknowledges that it has the capacit
and power toma signifiant /assets of good, clean, clear, cleared, and lawful origin
currently held in international banking, and financial institutions.
By signing this agreement, the client grants to the manager full power, and sole
authority to perform every act necessary to be done for the stipulated intent
as agreed upon under this agreement in the same extent as he might or could do,
or cause to be done by virtue hereof if personally present.
FUNDS/ASSET ALLOCATION
BANK NAME:
ADDRESS:
ACCOUNT HOLDER:
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7.
INVESTMENT.
The term investment as used herein refers to process and conditions, by which
the manager, by mutual agreement, invests the funds/assets of the client in
exchange for acceptable returns. The parties understand and acknowledge that
these investments has stringent entry requirements and screening conditions, and
is not available to the retail banking public at large. The client and the manager
assure each other that they are familiar with this type of investment.
The investment contains structured transactions (purchase and sell) involving
leveraged, principal trading bank debentures, and / or other negotiable bank
instruments.
8.
PROCEEDS
All proceeds derived through participation in investment transactions initiated by
the manager shall by the manager for execution. all gross profits less direct costs,
which shall be borne by client and manager equally, shall be immediately
distributed by the administrator.
9.
DISTRIBUTION OF PROFITS
9.1 The net earnings of the manager agreement will be determined after
any deductions for bank charges/fees, management asset fees, or other
prepared fees and distributed at such times and amounts as agreed on by
partnerships.
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MANAGEMENT AGREEMENT
: CVCVCVCVCVCVVCVV
: ARTURO G SALINAS.
16. INVALIDITY
If any of the provisions in this agreement is or becomes invalid, illegal, unenforceable in
any jurisdiction, such provision shall be deemed amended to conform to applicable laws
so as to be valid, and enforceable, or if it cannot be so amended without materially
altering the intention of the parties, it shall be stricken and the remainder of this
agreement shall remain in full force and effect.
17.
ENTIRE AGREEMENT
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This agreement shall constitute the entire agreement between the client, and the manager,
and any prior understandings or representation of any kind preceding the date of this
agreement shall not be binding to the client, and the manager except to the extent, that such
representation is incorporated into this agreement. this agreement may not modified or
amended except in writing executed, and accepted by the client, and the manager.
18. PARAGRAPH HEADINGS
The titles to the paragraphs of this agreement are solely for the convenience of the parties,
and shall not be used to explain, modify, simplify, or aid in the interpretation of the
provision under such headings.
19. FORCE MAJEURE
No party to this agreement will be liable for its inability to comply with the terms and
conditions of this agreement, whether wholly or in part, where the inability to
perform is due, whether directly or indirectly, to:
20. MISCELLANEOUS
Unless otherwise provided in this agreement or unless the context otherwise requires,
the following definitions and rules of construction shall apply herein:
the neuter gender includes the feminine and masculine;
the singular number includes the plural;
the word "person" includes corporation, partnership, firm or association whenever
the context so
Requires;
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IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day
and year aforesaid.
IN WITNESS WHEREOF, the parties hereto declare that they have read and
understood this Agreement and are fully aware of the interprtation of all of the
provisions, terms, and conditions herein and further that they have signed by their
hand below, and have accepted and approved all covenants, terms, and conditions of
this Agreement.
This Contract consists of ten (10) written pages.
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I, MR. ARTURO G SALINAS, hereby with full corporate responsibility and with
the power vested in its officer Accept, Confirm, and Agree to abide by this
Agreement:
For and on behalf of:
BLUE LION
______________________
Mr. ARTURO G SALINAS
Passport Number : 133985899
Country of Origin : USA
Signed jupon American clause 28 USC & 1746
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