Doha, 09.10.2015
Internal Agreement tothe Articles of Assocation signed at 18.08.2015 for Chopin Intermatlonal
‘company
First Paty:
‘Khaled Al Saegh, Qatar Nationality, holding Qatari ID number 29163402188
Second Party:
“resk Harasimeczu, Polish Nationality, holding Passport number EG 7761793
Piotr Maziewski, Polish Nationality holding Passport number EH 5377849
1 Both Pates have intention to establish new company under the name of Chopin International
2. Shares in emerging assets
8) 100% Second Party
1) 0% lest Party
3, Shares in profit or loss
12) 100% Second Party
1) 0% First Party
£9) 7500 QR wil be psi in bebaf of Fest Party each half year starting from 1" of November 2015,
«4. Sevond Party isflly authorized to run the company, manage bank account singly, sign all the contracts
5, Second Party has no righ to take any overdraft, ean or an financial aiity fom the bank, This ean only
happened ifboth partes sig other agreement with erms and conditions 1 se
6 All the responsibly, including financial of running the company is fully om Second Party, Fist arty is
ot responsible for any profit r loses.
+ skondPryhvaighto shang he Fit ay never sth inne ay sa ine
aa ner amout of 5 0 QR on hao Fis Pry, Ft Party
ae pe een ncn giver fr he Send Pay.
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Fest Wines Second WissAGREEMENT FOR CHARGE OVER
COMPANY ASSETS BETWEEN
MR. KHALID AL SAEGH
(“First Party”)
&
CHOPIN INTERNATIONAL W.L.L.
JACEK HARASIMCZUK
PIOTR MAZIEWSKI
together the (“Second Party”)ae
Background
4. The First Party andthe Second Party entered into an agreement ("the Init
Agreement’) dated 9 October 2015 for the incorporation ofa company in the
State of Qatar.
2. The company was incorporated as Chopin International W.L.
3. The Initial Agreement assigned 1009 of al the assets and profits of Chopin to
the Second Party
4. The Initial Agreement provided the Second Party withthe right to change the
First Party and to release the First Party ofits duties fora sum of 15 000 QR only.
5. The Initial Agreement explicitly stated that the Second Party cannot obtain an
overdraft loan or financial facility from any financial institution (Le. Banke)
‘without the prior approval ofthe First Party.
6. The Second Party now seeks to obtain a loan from a Bank and as such req
permission from the First Party to do so.
7.As a result the First Party seeks to apply a charge over the assets ofthe
Second Party as listed in Schedule 1,
48. As such, the First Party seeks to amend the terms of the Inti Agreement. As
such, the contents ofthis agreement will take precedent over the Initial
‘Agreement where a discrepancy arises.
‘Terms of this Agreement
9. The First Party agrees to act as an authorizer on behalf ofthe Second Party for
loan of 1 200 000.00 QR from Qatar National Bank. The loan will be directly
payable to Chopin International W.LL., and no personal individual willbe
entitled to any ofthe funds.
10, The Second Party agrees thatthe Fest Party will not be personally liable for
the loan atany pointin time.
11. Assuch, where the Second Party remains Debtor tothe Bank forthe
aforementioned loan, the Second Party waives any right to replace the First
Party of is role, responsibilities and duties as stated in paragraph 7 ofthe Initial
‘Agreement.
12, Furthermore, in return for the authorization of the loan, this agreement
confirms the application ofa charge over the assets of the Second Party listed In
Schedule 1 by the First Party.13. The Second Party confirms that Chopin International WLLL. wholly own all
{the assets listed in Schedule 1 and confirms that that there are no outstanding.
dues on any ofthe assets listed In Schedule 1
14. Asa result ofthe charge over the assets by the First Party the Second Party
agrees that It ill not sel, dispose or take any similar action with any af the
assets liste in Schedule 1 without prior permission from the First Party.
15. Inthe case of default by the Second Party, the First Party shall be entitled to
‘immediately and without further judicial proceeding, seize, sll, auction or cause
tobe seized, sold or auctioned all or part of those assets listed in Schedule 1, and
use the proceeds to pay ll outstanding dies tothe Bank, and return any excess
tothe Second Party
16, Finally, asa result ofthis agreement, the First Party willbe pald 20,000 QR
every six months starting from 1 November 2016 tobe paid in 15% of Noy 2016
and afer six month the 1* of May 2017payment tobe pald on 15% of May 2017.
‘The second rotation year would resume on the initial agreement dates starting,
from 1® of Nov 2017.
First Party
Khalid Al Saegh
Second Party
{on behalf of Chopin International W.LL.)
Jacek Harasimezuk