Memorandum of Understanding

SCRAP METAL LLC

AND

CRUISE WORLD GENRAL TRADING L.L.C

This Memorandum of Understanding (hereinafter referred to as “MOU”) is made by and

between the following parties:

SCRAP METAL LLC, a limited liability company established under the laws of Ukraine
with its registered office at 87506. Donetsk Oblast, Ukraine (hereinafter referred to as the
“First Party”) and;

CRUISE WORLD GENERAL TRADING L.L.C having its registered office at PO BOX
118034 Dubai United Arab Emirates (hereinafter referred to as the “Second Party”)

The First Party and the Second Party are jointly hereinafter referred to as the “Parties”.

Whereas, the First Party is a Ukrainian based trading company and Focus wishes to expand its
banking facilities and banking instruments by way of SBLC , DLC AND LC to facilitates
more business opportunities and serve their clients in all possible manner .

Whereas the Second Party shall co-operate with the first party through it banking facilities in
creating a banking gateway for the first party to help facilitate their future business ventures
and expansion plans
 PURPOSE

The purpose and function of the MOU is to facilitate the first party banking facilities available
outside its country of origin for the sole purpose of smooth banking transactions with the rest
of the world.

The second party shall be responsible through its banking facilities in UAE to create this
platform for smooth banking transactions between the first party and its potential business
clients.

Whereas the first party shall introduce the second party with its potential business clients only
when the payments’ structure requires the use of SBLC, DLC & LC.

Further Stated, the second party shall not be involved in any transactions involving Bank
Transfers by way of TT / SWIFT / WIRE TRANSFERS directly into the first party banking
system in Ukraine.

Further stated , the second party shall introduce one director from the first party as a mandate
holder in the business account which provide banking facilities to the first party when the
payments structures requires the use of SBLC , LC & DLC .

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Cruise World Trading LLC Scrap Metal LLC

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