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CUSTODIANAGREEMENT

THIS CUSTODIAN AGREEMENT (hereinafter, the “Agreement”)is


signed this Sunday, September 29, 2019.

BETWEEN

dfcu Bank locatedat1257 Bonovo Road, Fomboni, Comoros, named


hereinafter the Bank, in the person of his Authorized Bank Officer,
______________, with PIN CODE: referred hereinafter “The Bank”, on
the one hand, and, on the other hand–

And
______________,NIF: ______________, represented by Mr.
______________, bearing a ______________Passport
#______________, acting as Representative of all of ASSET OWNERS,
with physical address at ______________, and contact email address
______________, referred hereinafter “the Depositor”

1.Recital
BythisAgreement, theDepositor wishestoappointtheBanktoperform
custodialserviceforits proprietaryassetsand/orthe assetsit isholding in
its capacityascustodianin marketsagreed.

2.Services
2.01 TheBank isherebyappointedandauthorizedtoperformall or any of
the followingservicesonbehalfoftheDepositor(the“Services”) butreserves
the rightto refuseto do so if,in its opinion,therearereasonablegrounds
forsuch refusal (andinwhichcasetheBankwillnotifytheDepositor
accordingly):

(a) Toholdortoarrangeforsuchsecurities, investments, financial


instrumentsoranyotheritemsbelongingtoorunderthedulyaut
horized controlof theDepositor(the“Property”)tobeheldin
safecustody;
(b) Toholdcashbelonging toorunderthedulyauthorized
controlofthe Depositor;
(c) Toholdbearerinstruments inthatformand,wherepossible,
toregister instrumentsin thenameof theBankor any
otherpersonappointedbyit;
(d) Toholdsecuritieswhicharenotfullypaid,subjecttosuchconditio
ns astheBankmayspecify;
(e) Topurchase orsubscribe foranytypeofsecurity orother
investmentin accordance withtheDepositor's instructions
and market practiceand followingreceiptof the
fundsrequiredforsuchpurpose;
(f) TosellorotherwisedisposeofPropertyandtodealwiththeprocee
ds, ineachcaseinaccordancewiththeDepositor's instructions
andmarket practice;
(g) Toenterintoanyagreement orinstrument
onbehalfoftheDepositor in
connectionwithanysecurityorotherinvestmentwhichisoristob
e included inProperty, ineachcaseinaccordance
withtheDepositor's instructionsand marketpractice;
(h) Wheresecuritiesareregistered
inthenameoftheBankoranyother
personappointedbyit(butnototherwise),
tonotifytheDepositorof information received
bytheBankwhichrequiresactiontobetakenbythe
Depositorinrelationtosuch
securitiesandtorequest,collect,receiveand makepaymentsor
distributionsattributableto suchsecurities;
(i) Toborroworotherwise dealinsecurities
onbehalfoftheDepositor in
accordancewiththeDepositor'sinstructions;
(j) To arrangefrom time to time financialaccommodationfor
the Depositoron suchtermsandconditionsas the
Bankshallconsiderappropriate;
(k) ToprovidesuchotherservicesastheBankandtheDepositormayf
rom timetotimeagreeinwriting.

2.02InprovidingtheServices,theBankshall:

(a) Maintain securities accounts


andalsocashaccountstowhichallincome and
proceedsderivedfromPropertyshallbecredited;
(b) Maintainrecordsshowingtheaccountsbelongtoorareunderthe
duly authorized control oftheDepositor
onbehalfofacustomer orcustomersof the Depositor;
(c) KeepPropertysegregatedfromassetsheldbytheBankforitsown
account;
(d) EnsurethatallofthePropertyheldbyit,itsnominees oragentis
/orthe Depositor’scustomersas advisedby and,
wherenecessaryfor local
clearlyrecordedinthebooksoftheBankasbelongingtotheDepos
itor and laws,identified bytheDepositor
(andifnotsoadvisedasbelonging tothe
Depositor)andnottotheBankorothercustomers,
agentsornomineesofthe Bank;
(e) NotpartwithpossessionofthePropertyexcepttotheDepositoror
ontheDepositor’sinstructions;
(f) Maintain suchrecordsasarenecessary toidentify
thelocationofeach titledocument,includingdetailsof;
(g) Thedateatwhichthetitledocumentcameintoorleftthepossessi
on or controlof theBank;
(h) Thenatureofthetitledocument;
(i) Thenature,amountandnominalvalueoftheinvestment
towhichthe titledocumentrelates.

2.03TheBankisauthorizedtotakesuchstepsasitmayconsiderexpedient
toenableittoprovidetheServices andtoexercise itspowersunderthis
Agreement,includingthe right:

(a) Tocomplywithanyapplicablelaw,regulation,order,directive,n
otice orrequestofanygovernment
agency(whetherornothavingtheforceoflaw) requiring
theBank totakeorrefrain fromaction and/or todisclose
information;
(b) OnbehalfoftheDepositor,
towithholdand/ortomakepaymentofany
taxesordutiespayableonorinrespectofProperty;
(c) IntheabsenceofordelayinreceivinginstructionsfromtheDepos
itor inresponse toarequest, toactorrefrain
fromactingasitmaydeem expedientinthe bestinterestsofthe
Depositor;
(d) Tocomingle Property withtheproperty ofothercustomers
(although the Bankshallclearlyidentifyallsecurities
heldinitscapacityascustodian on behalfofthe
DepositorasbeingPropertyof theDepositor);
(e) ToreturntotheDepositor, physical
securitieswhichmaynothavethe
sameserialnumberoridentification
asthoseoriginallydepositedwithor receivedby the Bank;
(f) Toparticipate inandtocomplywiththerulesandregulations
ofany systemwhichprovidescentraldepository,
clearingand/orsettlement facilitiesinrespectofsecurities
butwithoutliabilityforanyactsor omissionsonthe partof the
operatorormanagerofany suchsystem;
(g) Providedthatitismarketpractice todoso,toacceptinlieuof
documentsoftitleforPropertypurchased
CorporatePrivateBank

inexchangeforvaluepaidreceipt
ofpaymentandapromisetoproviderelevantdocuments
oftitleatsome unspecifiedfuturedatefrom the
vendor'sbroker.

2.04TheBankshallbeundernodutytoinvestigate, participate inortake


affirmative actionconcerning proxiesreceived,attendanceatmeetingsand
votingexceptinaccordancewiththeinstructionsoftheDepositor.Intheabsen
ceofsuchinstructions, theBankshalltakenoactionunlessotherwise
requiredunderlocallaw.

2.05TheDepositorshallmaintainwiththeBankatalltimessufficientProperty
and/orcashtoenabletheBank,pursuanttothisAgreement,to
settleanyoutstanding transactionsenteredinto,ortosettleanyliability
incurred, bytheDepositorortheBankonbehalfoftheDepositor. TheBank
shallbeentitled,butshallnotbeobliged,initsdiscretion toretain sufficient
Propertyand/orcashtoenable ittosettleanysuchoutstanding transactions
orliability.IfthereisinsufficientPropertyand/orcashto enablethe Bank to
settleany such outstandingtransactionsorliability,the
Bankshallbeentitled, butnotobliged,initsdiscretion tosettleand/or
declinetosettleanyoutstanding transactions and/ortocancelunexecuted
instructionswhereupontheBankshallpromptlynotifytheDepositor.Where
theBankdoessoexerciseitsdiscretion tosettleanysuchoutstanding
transactions, theDepositorshallpromptlyondemandreimburse
theBankfor anyandallcostsandexpenseincurredbytheBank.Theprovisions
ofthis Clause2.05 shallsurvivetheterminationofthisAgreement.

2.06Inperforming theServices,theBankshallexercisethesamedegreeof
careasitexercisesinrespectofitsownpropertyexcepttosuchextentas may
otherwisebe providedin thisAgreement.

2.07TheBankmaytakeandinstruct anydelegate totakeanyactionwhich it


initssolediscretion considers appropriate soastocomplywithany
applicablelaw,regulation,requestofapublicorregulatoryauthorityor
anyProminence Bankpolicywhichrelates totheprevention offraud,money
laundering, terrorism orothercriminal activities ortheprovision of
financialandotherservicestosanctioned personsorentities. Suchaction
mayincludebutisnotlimitedtotheinterception andinvestigation of
transactionsontheDepositor'saccounts(particularly thoseinvolvingthe
international transferoffunds)includingthesourceoftheintended
recipientoffundpaidintooroutoftheDepositor's accounts.Incertain
circumstances, suchaction
maydelayorpreventtheprocessingofthe Depositor'sinstructions,the
settlementoftransactionsover the Depositor's
accountsortheBank'sperformanceofitsobligations underthisAgreement.
Wherepossible, theBankwillendeavortonotifytheDepositorofthe
existenceofsuchcircumstances. NeithertheBanknoranydelegatewillbe
liableforanyloss(whetherdirectorconsequential andincluding,without
limitation, lossofprofitorinterest)causedinwholeorinpartbyany actions
whicharetakenbytheBankoranydelegate pursuant tothisclause.
Forthepurposes ofthisclause, the"Prominence Bank"meansProminence
BankHoldings its subsidiariesand associatedcompanies.

2.08Theinstrument,assetorotherdepositedbyDepositor,objectofthis
Agreement,willbedetailedatAnnexI oftheAgreement.

3.ForceMajeure

3.01TheBankshallnotberesponsible orliableforanyloss,failureor
delayintheperformance ofitsobligations underthisAgreementarisingout
oforcauseddirectlyorindirectlybycircumstances beyonditsreasonable
controlincluding,withoutlimitation,actsofGod,earthquakes, fires,
floods,typhoons,wars,civilormilitarydisturbances, sabotage,terrorism,
epidemics,riots,interruptions, lossormalfunctionsofutilities,computer
(hardwareorsoftware)orcommunications
service,accidents,labordisputes, regulatory changes, acts of civil or
military authority or acts of government,centralsecuritiesdepository
andcentralbankincludingtheir
regulatoryagencies.Theexclusionsofthisclauseshallapplytoany
delegateappointedbythe BankunderClause4.01below.

3.02IftheBankisunable atanytimeorfromtimetotimetoprovide orto


continuetoprovideanyoftheServicesasaresultofcircumstancesbeyond the
Bank'scontrol,the Bank shallbe entitledtosuspendand/orwithdrawthe
affectedService(s)immediately.TheBank shall notifythe
Depositorpromptly ofanysuchsuspension and/orwithdrawal
andshallalsonotifytheDepositor promptlyifthecircumstances
inquestionceasesoastoenabletheBankto resumethe provisionof the
relevantService(s).

4.Delegation

4.01TheBankmayappointanyother person asitsnominee


oragentincluding itsassociates withinthePROMINENCE BANK
CORPORATION toperform anyofthe
Servicesonitsbehalfandmaydelegateanyofitspowersunderthis
Agreementtosuchpersonbut,insuchacase,theBankshallremainliable
forthenegligence orwillfuldefaultofanysuchappointee asifnosuch
appointment hadbeenmade,providedthattheBankwillnotberesponsible
by reasononlyoftheliquidationorinsolvencyofanysuchdelegateoragent
andfurtherprovidedthattheBankwillnotbeliableinrespect oftheacts
oromissionsofanyentityprovidingcentraldepository, clearingand/or
settlementfacilities.

4.02 The Bank is authorizedto discloseanyinformationit has


concerningthe Depositor,
anyPropertyandtheServicestoanyotherpersonappointedbyit in
connectionwiththeperformanceof theServices.

5.RepresentationandWarranty

5.01TheDepositorrepresentsand warrantsto the Bankthat:

(i) TheDepositor isauthorizedandempoweredtodepositPropertywiththe


Bank.
(ii)TheDepositor willobtainallnecessary licenses andapprovals fromall
applicableregulatoryauthorities.
(iii)TheDepositorwillcomplywithallapplicableregulations.
(iv)TheDepositorhasand willgivetheBankallrelevantinformation.

5.02 The Depositoracknowledgesthat the provisionsfor settlement,the


legal andregulatory
regimeandmarketpracticeapplicableinthejurisdictions in
whichtheServicesare providedmaybedifferent fromthosein the
Depositor’sownjurisdictionandfromeachother.
5.03TheDepositoracknowledgesthatthelawsandmarketpracticeapplicabl
e inmanyjurisdictions aresubjecttoregularchangeandthattheBankshall
onlybeobligedtobringtotheDepositor’s attentionthosechangeswhich
affecttheBank’sperformance oftheServiceswhichareofafundamental
nature,

6.Limitationson LiabilityandIndemnity

6.01 Theprovisionofthe Servicesdoes notconstitutethe Bank a


trusteeand theBankshallhavenotrustorotherobligations
inrespectofProperty exceptthosecontainedin thisAgreement.

6.02TheBankisundernodutytoexamineorverifythevalidityofthe
ownership ofortitletoanyProperty andshallnotbeliableinrespectof any
defectinownershipor title.
6.03TheBankshallnotbeliableforanytaxesordutiespayableonorin
respectofPropertynorforthemanagementoforanydiminutioninthevalue of
Property.

6.04Injurisdictions restrictingforeignownershipofProperty,theBank
shallhave no duty tothe Depositortoascertainthe nationalityof the
owner ofProperty orthatPropertydeposited isapproved
forforeignownership unlessspecificallyinstructedby the Depositor.

6.05TheBankshallnotbeliableforlossesofanykindwhichmaybe
incurredbytheDepositorasaresultoftheprovisionoftheServicesbythe Bank
in accordancewith the instructionsof the Depositorand marketpractice
nor,inanyothercase, unless duetothebreach bytheBankofthis
Agreement, thenegligence, fraudorwillfuldefaultoftheBankoranyother
personappointedbyitortheirrespectiveofficersoremployeesoragents.

6.06TheDepositoracknowledgesthatthereareparticulardifficultiesin
establishing theauthenticity offixedincomesecurities(including, without
limitation,corporateandgovernmentbonds,billsofexchange,certificates
ofdeposit,convertiblebonds,debentures, promissorynotes,floatingrate
notes,treasurybillsandcommercial paper)settledincertain jurisdictions
andunquotedandoverseas(nondomestic)securities.Accordingly,although
theBankwillendeavortocheckthat,onitsface,aninstrumentand/or
securities’certificateappearsgenuine,itwillnotberesponsiblefor
verifyingthe validityorauthenticityofany such instrumentand will not be
liablefor anydefectin suchvalidityorauthenticity.

6.07TheBankshallindemnifytheDepositoragainstallclaims,liabilities,
damages,costsandexpensesofanykindwhichmaybeincurredbythe
Depositorandallactionsorproceedings which maybebroughtagainstthe
DepositorasaresultofthebreachbytheBankofthisAgreement, the
negligence, fraudorwillfuldefaultoftheBank,anyotherpersonappointed
byitortheirrespective officersoremployeesinconnection withthe
provisionoftheServicesprovidedthatthe Bank shallnot beresponsiblefor
anyconsequential, orindirectlossordamage.Thisindemnityshallcontinue
notwithstandingtheterminationofthis Agreement.

6.08 The Depositorshallindemnifythe Bankand any


otherpersonappointedby itandtheirrespective officersandemployees
againstallclaims, liabilities,damages,costsandexpensesof any kind
whichmaybe incurredby themandallactionsorproceedings
whichmaybebroughtagainstthemin connection
withtheprovisionoftheServicesexceptinsofarassuchresults
thebreachbytheBankofthisAgreement, thenegligence, fraudor
willfuldefaultoftheBankanditsrespectiveofficersandemployees. This
indemnityshallcontinuenotwithstandingtheterminationofthisAgreement.

6.09Insofar astheBanksuffers anylossasaresult oftheBankcrediting


anyaccountoftheDepositorinrespectofanyinstrument,
advancedpayment, wiretransferorremittance
offundswhichdoesnotthenclear, theBankmay debittheaccountof the
Depositoraccordingly.

6.10Fortheavoidanceofdoubt,thepartiesherebyagreethattheBankis
notanagentoforatrusteeforanycustomeroftheDepositor, andinno
circumstances shalltheBankand/oranycustomeroftheDepositorhaveany
directrights, obligationsorliabilitiesagainsteach other. The contractual
relationshipisbetweentheDepositorandtheBankandconsequentlyany
matterarisinginrespectofacustomer oftheDepositor shallbedealtwith as
betweentheBankandthe Depositor.

7.Depositor'sInstructions
7.01InacasewherethisAgreementrequirestheinstructionsofthe
Depositortobegiven,theDepositorwillnotifytheBankfromtimetotime
inthemannerrequiredbytheBankofthepersonsorentitiesauthorized to
giveinstructions(the “AuthorizedPersons”).Instructionsshall beissued by
the AuthorizedPerson:

Mr. ______________

(i) In writing,withreceivingandacceptationseal.
(ii)Byauthenticatedcorporateemailaddress;Or
(iii)Bysuchotherformofcommunication astheBankandtheDepositormay
agreeinwriting.

7.02 The Bank may, at its


discretion,acceptinstructionsreasonablybelieved
byittohaveemanatedfromtheAuthorizedPerson(s)inwhichcase,ifit
actsingoodfaithonsuchinstructions,suchinstructionsshallbebinding
ontheDepositorandtheBankshallnotbeliablefordoingso,whetheror
nottheinstructionsweregivenbytheAuthorizedPerson(s)andtheBank
shallnotbeunderanydutytoverifytheidentity oftheperson(s) giving
thoseinstructions.

8.Reports,StatementsandInformation

8.01TheBankshallprovidetheDepositorwithsuchreportsandstatements
concerningPropertyand atsuch intervalsas agreedbetweenthem from
time to time.
8.02 TheBank will onthe requestofthe Depositorprepareand
delivertothe Depositor within20bankingdaysoftherequestastatement,
madeupasata datespecified bytheDepositor
(beingadatenotlaterthanonecalendar
monthbeforethestatementisdeliveredtotheDepositor) identifying in
relationto eachdescriptionofProperty:

(a) ThecustomertitledocumentsheldfortheDepositorby theBank;(b)


Theamountof theProperty;and
(c)WherethePropertyisregistrable, thenumberofunitssoheldineach
differentname.

8.03TheBankwillalsoinformtheDepositorpromptlyofanylegalaction
institutedbyany personconcerningPropertywhichisnotifiedto the Bank in
connectionwiththeprovisionof theServices.
8.04ThedulyauthorizedrepresentativesoftheDepositorshallbeallowed
accesstotheBank'srecordswhichidentify Property aftergivingreasonable
priornoticeto theBank.

8.05TheBankshallprovidetheDepositorwithsuchinformation asthe
Depositor mayreasonably requestconcerning theoperating facilities and
methods whichtheBankemploysinproviding theServicesandshallprovide
reasonableassistancetotheDepositorinreconcilinganydifferenceswhich
mayarisebetweentheBank’sandtheDepositor’srecords.

8.06TheBankshall not,however, berequired toprovidesuchreports,


statements, accessand/orinformation iftodosowouldcontraveneanylaw,
regulation, order,directive, noticeorrequestofanygovernmentagency,
whether ornothaving theforceoflaw,or,inthecaseofaccessand/or
information,iftodosowouldprejudicethesecurity,operationsorbusiness of
the Bank or itsdutiesof confidentiality.

8.07Saveasotherwiseprovidedherein,theBankagreestokeepall
informationinitspossession relatingtothePropertyandthisAgreement
confidentialand not to disclosesuchinformationtoanythirdparty.

9.FeesandExpenses

9.01TheDepositorshallpayfeestotheBankfortheprovisionofthe Servicesas
agreedbetweenthemfromtimetotime.

9.02TheDepositorshallalsopaytotheBankallotherexpenses incurred by
theBankoranyotherpersonappointedbyitintheprovisionofthe
Services.Acertificateastothe natureandamountofsuch
expensesproduced bytheBankshallbeconclusive
evidenceagainsttheDepositorofthe expenses.

9.03Subjecttothelimitation containedinClause9.04,ifanyofthefees
andexpensesreferredtoinClauses9.01and9.02remainoutstanding after
theyhavebecome dueandpayable, theBankshallbeentitled todebit
automaticallyand/orset off againsttheamountofsuch fees and
expensesany credit balanceonanyaccountoftheDepositor
withtheBankinortowards
settlementandintheeventthatthereareinsufficientfundsinthe Depositor’s
cashAccountforthedebitingthentheBankshallhavetheright to
chargeinterest,up tothe date ofeventualrepayment,at suchrate asthe
Bankshalldeterminein the absenceof any prioragreedrate.

9.04TheBankshallnot,however, assertorexercise anylienorrightof


retention inrespect ofanyPropertyexceptforanycharges orpayments
relatingto the administrationor safekeepingof theProperty.

9.05TheBankwillhavetherighttoretentionthedepositedasset,
instrumentorotherin the case ofbreachon paymentobligationof
Depositor. AfteroneyearfromthesigningdateofthisAgreement without
anypayment fromDepositortotheBankofthefeeand/oranyotherexpenses
incurred by theBankrelated tothedeposited instrument
orasset,theBankcansellor any otheractiontogetthe neededcash to
chargethedebtfromDepositor.

9.06Thefeeand specialconditionare detailedon AnnexII


oftheAgreement.

10.PowerofAttorney

TheDepositorherebyforthedurationofthisAgreementirrevocably appoints
theBankandanypersonappointed byittobetheattorney fortheDepositor
andinthename andonbehalfandastheactordeedoftheDepositor or
otherwise,withoutanyreferencetoorconsentfrom the
Depositor,toexecute
alldocumentsandtodoallthingsasmayberequiredforthefullexercise
ofalloranyofthepowershereby conferred ontheBankanditsrights
hereunderasitmayconsiderexpedientinconnectionwiththeexerciseof
suchpowersand rights.

11.Termination

This Agreement will be valid for a minimum period of ONE YEAR AND ONE
DAY from the signing date, and may beterminatedby the Bankor the
Depositorgivingnot less than 30bankingdays’noticeto the otherand by
eitherpart givingnoticeof immediatetermination
totheotherpartyanytimeaftertheotherpartyhas contravened
anyoftheprovisionsofthisAgreement, after the termination date of ONE
YEAR AND ONE DAY, excepting inthe situation
ofanyfakeand/orotherwiththeassetand/orbaduseofany
financialinstrumentissuedbyProminence BankinfavoroftheClient.

12.No Waiver

Noactoromission bytheBankortheDepositorpursuanttothisAgreement
shallaffectitsrights,powersandremedieshereunderoranyfurtheror
otherexerciseof suchrightspowersor remedies.

13.Assignment

NeithertheBanknortheDepositormayassignortransferanyofitsrights
orobligations hereunderwithoutthepriorwrittenconsentoftheother
provided thisAgreement shallensureforthebenefit oftheBankandforthe
benefitofits successorsintitleorassigneesincludingany persontowhich
thewholeoranypartoftheoperations oftheBankmayfromtimetotimebe
transferredor vestedby operationof laworotherwise.

14.Communications

14.01ExceptwherethisAgreementprovidestothecontrary,anynotice,
demandorothercommunicationunderthisAgreementgivenbyeitherparty
shallbeinwritingaddressed totheDepositor atitsregistered office
addressoratthelastaddressregistered withtheBankandaddressed tothe
Bankatitsoffice orsuchotheraddress astheBankmaynotifytothe
Depositorforthispurposeandmaybedeliveredpersonally, byleavingitat
suchaddress, bypostorcorporate email,andshallbedeemed tohavebeen
deliveredtotheotherpartyatthetimeofpersonaldeliveryoronleaving
itatsuchaddress,oroutsidethelocationfromwherethenoticeis
dispatchedoron theday of dispatch,if sent by corporateemail,and, inall
cases,to theBankonthe dayof actualreceipt. The “Bank” assigns the
following contact details to all the communications relating to this
Agreement:

Address: P.B. 1257 Bonovo Road, Fomboni, Comoros, KM


Email: helpdesk@prominencebank.com

14.02InconsiderationoftheBankagreeingtoacceptinstructionsby
facsimiledulysignedorotherwise(“facsimileinstructions”) without
requiringwrittenconfirmationinrespectofany facsimileinstructionsprior to
actingthereontheDepositor.

(i) Acknowledgesthatfacsimileinstructionsare not securemeansof


communication, andthattheyareawareoftheriskinvolved,andthattheir
requesttotheBanktoacceptsuchfacsimileinstructions isforits
convenience.
(ii)UndertakestokeeptheBankindemnifiedatalltimesagainst,andto
savetheBankharmlessfromallactions,proceedings,claims,losses,
damages,costsand expenseswhichmay
bebroughtagainsttheBankorsuffered orincurred bytheBankandwhich
shall haveariseneither directlyor indirectlyoutoforinconnection
withtheBankacceptingfacsimile instructions
andactingthereon,whetherornotthesameareconfirmed in writingbythe
Depositor,excepttothe extentthat the same iscausedbythe
Bank’snegligenceor willfuldefault.

15.Severability

EachoftheprovisionsofthisAgreementisseverableanddistinctfromthe
othersand,ifoneormoreofsuchprovisionsisorbecomesillegal,invalid or
unenforceable;theremainingprovisionsshallnot be affectedin any way.

16.GoverningLaw

16.01This Agreementis governedby and shallbe construedin


accordancewith the lawsandthe BankingLaw of Mwali,Unionof Comoros.

16.02TheDepositor submits totheexclusive jurisdictionoftheMwali,


UnionofComorosCourts.ThisAgreementmaybeenforcedintheCourtsUnion
of Comoros.

17.PreviousAgreement

ThisAgreementsupersedesandreplacesanypreviousAgreementbetweenth
e partiesin relationtothe Services.

Signedand sealedforand Signedand sealedforand


on behalfof the Depositor on behalfof the Bank
Mr. ______________ Mr. ______________

ANNEXI: ASSET DESCRIPTION

Total Assets Face Value (FV) in Euros: €______________


(______________ EUROS)
ANNEX II: FEES

The total Fee for the Deposit and Custody Service is:
TWO PERCENT (2,00%) of the Face Value.

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