TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020

CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020
TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

INVESTMENT MANAGEMENT AGREEMENT AND PERMISSION FOR MANDATE

SWIFT MT 103 / 202 MANUAL DOWNLOAD
This Agreement and Permission cooperation on delivery of cash funds for investments via Swift
MT103/202 (manual Download) is signed on the Date below and become legally binding contract by
and between the following Parties:
HEREINAFTER REFERRED TO AS “PARTY A”Swift MT103/202 MANUAL DOWNLOAD FUNDS PROVIDER”

COMPANY NAME: MIRYA TRADING CO. LIMITED

COMPANY ADDRESS: 212/13, SOI KHANG RONGRAM NARAI SOLOMON ROAD;
SIJRIUAWONG KHET BANGRAK, BANGKOK.
REGISTRATION NO. 0105528001187
REPRESENTED BY: MR.BULGAY IBRAHIM
PASSPORT No.: U01323386
PLACE OF ISSUE: REPUBILIC OF TURKEY
DATE OF ISSUE: 07-FEB-2011
DATE OF EXPIRE: 07-FEB-2021
BENEFICIARYCOMPANY TADBIR TOSEE BOUSHEHR PETROCHEMICAL COMPANY
NAME:
REPRESENTED BY: MR.HASSAN GHALANDARI
REGISTRATION NO. 10960034209
BANK OFFICER TEL/FAX 4969910-00
BANK OFFICER EMAIL: Stuart.lewis@db.com
PARTY-A, FUNDS PROVIDER: SENDER PARTY
AND-
PARTY-B, ASSET FUNDS MANAGER: RECIEVER PARTY
COMPANY: ZHONGGANG COASTAL GLOBAL GROUP LIMITED
VISTRA CORPORATE SERVICES CENTER, WICKHAMS CAY II, ROAD TOAD TOWN,
ADDRESS: TORTOLA, VG1110, BAITISH VIRGIN ISLANDS
REGISTER NUMBER: 1944457
REPRESENTED BY: NIXON NG CHEZ
PASSPORT NUMBER: 530571505
COUNTRY OF ISSUE: CHINA

DATE OF ISSUE: 26-05-2015

DATE OF EXPIRY: 25-05-2025
BANK NAME: BANK OF CHINA GUANGZHOU KAIFAQU BRANCH

BANK ADDRESS: NO. 2 QINGNIAN RD, HUANGPU DISTRICT, GUANGZHOU, CHINA

BANK SWIFT CODE: BKCHCNBJ42G
SORTCODE NA

IBAN NRA644469905165
BANK ACCOUNT NRA644469905165
NUMBER:
ACCOUNT NAME: ZHONGGANG COASTAL GLOBAL GROUP LIMITED
BANK OFFICER: Xiang Min
BANK OFFICER PHONE: +86-020-82210467
BANK OFFICER EMAIL: +86-020-82210467

PARTY-A-SENDER: Page 2 of 10 PARTY-B-RECEIVER:

TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

HEREIN AFTER REFERRED TO AS “PARTY-B” OR “INVESTMENT MANAGER”

RECITALS & REPRESENTATIONS

WHEREAS: THE INVESTOR, PARTY-A, WITH CORPORATE RESPONSIBILITY CONFIRMS THAT HE OWNS OR CONTROLS
VARIOUS CASH FUNDS OF GOOD, CLEAN AND CLEAR ORIGIN, FREE OF ENCUMBRANCES AND WHICH HE WISHES TO UTILIZE
FOR THE PURPOSES OF INVESTMENTS;

WHEREAS,PARTY B OPERATING WITH A Swift ACCOUNT AND CAN RECEIVE THE FUNDS VIA MT 103/202 MANUAL
DOWLOAD vs SWIFT OFFICER FROM OUR BANK. TO COMPLETE THE TERMS, CONDITIONS AND PROCEDURES OF THIS
PRESENT AGREEMENT, DESCRIBED HEREINAFTER.

WHEREAS: THE RECEIVER IS QUALIFIED TO ACT AS INVESTMENT / PROGRAM MANAGER FOR THE PURPOSES OF THIS
AGREEMENT;

WHEREAS: THE INVESTOR REPRESENTS AND WARRANTS, WITH FULL CORPORATE AND LEGAL RESPONSIBILITY, THAT HE
HAS PERMISSION TO ENTER INTO THIS JOINT VENTURE INVESTMENT AGREEMENT;

WHEREAS: THE RECEIVER IS EAGER TO RECEIVE JOINT VENTURE INVESTMENTS FOR EXECUTION OF VARIOUS
INFRASTRUCTURE DEVELOPMENT PROJECTS & IS READY WILLING AND ABLE TO RECEIVE SUCH FUNDS;

WHEREAS: INVESTOR HEREBY NOMINATES AND APPOINTS THE RECEIVER AS PROGRAM MANAGER FOR CASH FUNDS TO BE
RECEIVED VIA SWIFT MT 103/202 Manual Download FROM PARTY-A, WHICH WILL BE INVESTED/DISBURSED BY PARTY-B
AS PER THE SPECIAL INSTRUCTIONS BY PARTY-A AND CONDITIONS OF THE AGREEMENT

NOW THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS, TERMS AND CONDITIONS HEREIN, AND OTHER GOOD
AND VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF WHICH IS HEREBY ACKNOWLEDGED BY THE PARTIES
HERETO, THE PARTIES HEREBY AGREE AS FOLLOWS:

DESCRIPTION OF TRANSACTION:
TRANSFER TYPE SWIFT MT-103 / 202 Manual Download
TOTAL FACE VALUE €50,000,000,000.00 (FIFTY BILLION EURO)
FIRST TRANCHE €50,000,000,000.00 (FIFTY BILLION EURO) R&E
PAYMENT BY: SWIFT Wire Transfer After Receipt, Authentication & Verification from Sender
SHARING RATIO SHARING RATIO AS (50% SENDER GROUP & 50% RECEIVER GROUP )
FOLLOWING TRANCHES TO BE AGREED BY THE PARTIES

PARTY-A-SENDER: Page 3 of 10 PARTY-B-RECEIVER:

TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

PROCEDURE:
1. PARTIES SIGN AND SEAL THIS AGREEMENT.
2. WITHIN 3 BANKING BUSINESS DAYS, INVESTOR INITIATE HIS BANK TO GIVE THE PERMISSION TO DEBIT VIA SWIFT MT
103/202 Manual Download TO THE BANK COORDINATES STATED incl. the Transactions Codes HEREIN AND PROVIDE TO
PARTY-B THE COPY OF THE SLIPS AS A PROOF.
3. UPON RECEIPT OF THE FUNDS PARTY-B BANK OFFICER WILL AUTHENTICATE AND CONFIRM THE RECEIPT OF SAIF FUNDS
AND CONFIRM THE AVAILABILITY OF MONEY WITHING THREE BANKING BUSINESS DAYS.
4. THE RECEIVING PARTY, WILL CONFIRM IN WRITING THE ABILITY OF THE BANK OFFICER HAS FULL ACCESS TO SWIFT
SERVER GLOBAL TO LOCATE THE FUNDS AND DOWNLOAD IT.
5. THE RECEIVING BANK OFFICER WILL CONFIRM HIS HIGH LEVEL CODE TO PERFORM THE PROCEDURES FROM LOCATING
THE SWIFT ON THE SWIFT SERVER GLOBAL, DOWNLOAD IT TO THE BANK COMMON ACCOUNT AND BLOCK IT THEN
PERFORM THE LAST STEP TO THE BENEFICIARY ACCOUNT WITHOUT INTERRUPTING THE DOWNLOAD TO THE BENEFICIARY
ACCOUNT.
6. THE RECEIVING PARTY SHALL CONFIRM THE POWER TO RECEIVE AND DISBURSE THE 50% OF SLIP FACE VALUE WITHOUT
ANY EXCUSES SUCH AS BUT NOT LIMITED TO COMPLIANCE DEPT OF THE RECEIVING BANK.
7. THE BANK OFFICER OF THE RECEIVER'S BANK SENDS THE PGL (PAYMENT GUARANTEE LETTER) WITH THE BANK'S
ENDORSEMENT TO THE BANK OF THE BENEFICIARY OF THE SENDER.
8. THE RECEIVING PARTY SHALL NOT ASK FOR ANY DOCUMENT OR SWIFT MESSAGE SUCH AS BUT NOT LIMITED TO MT
199 OR MT999 OR ANY BANK CORRESPONDENCE FROM THE SENDER’S BANK.

PARTY B CONCURS ALL THE ABOVE STEPS IN THE PROCEDURES AND CONFIRMS THE ABILITY AND READINESS TO PERFORM
HIS OBLIGATION AS STATED IN THE PROCEDURE.

WARRANTIES OF THE PARTIES:

PARTY-A WARRANTS THAT THE FUNDS UNDERLYING ARE GOOD, CLEAN, CLEAR AND OBTAINED FROM NON-CRIMINAL
BUSINESS ACTIVITIES, FREE OF ANY LIENS AND ENCUMBRANCES, AND FREELY AVAILABLE TO SERVE IN ANY SECURE PRIVATE
PLACEMENT SCENARIO.
PARTY-B WARRANTS THAT THE TRANSFERRED FUNDS AND RETURN THE PARTY-A FUNDS BACK IN AGREED RATIO TO PARTY-
A BANK COORDINATES, WITH ONLY DEDUCTIONS ACCORDING IN THE PRESENT AGREEMENT, AT THE END OF THE TERM OF
THE INVESTMENT CONTRACT,WITHOUT ANY PLEDGES, ENCUMBRANCES, FREE OF ANY OTHER DEDUCTIONS, BUT SUCH
COMMITMENT APPLIES ONLY PROVIDED PARTY A MAKES THE REPAYMENT AGREED IN THIS CONTRACT. PARTY-A
WARRANTS THAT THE SPECIFIED FUNDS SHALL CONSTITUTE THE ENTIRE USED TO PROCURE THE INVESTMENT
MANAGEMENT CONTRACT / FUNDS, AND PARTY B OR ITS BANK SHALL HAVE NO RECOURSE TO OTHER FUNDS OF PARTY A,
UNDER ALL CIRCUMSTANCES.

PARTY B (RECEIVING PARTY) UPON RECEIVING OF THE SWIFT COPY AND UPON SEEING THE FUNDS ON THE BANK
COMMON ACCOUNT WILL ISSUE A PAYMENT GUARATEE LETTER (PGL) TO PARTY-A FOR A 50% OF THE SWIFT FACE VALUE
SHALL ISSUE FROM THE RECEIVING BANK, THENAFTER, DOWNLOADING THE FUNDS TO THE BENEFICIARY ACCOUNT A
PAYMENT ORDER (PO) FOR 50% (PARTY-B) OF THE TOTAL FACE VALUE OF EACH TRANSFER (PO) TO THE ADVISED
BANKING DETAILS PARTY A WILL SEND IT AT THE TIME OF THE FUNDS ARE SHOWN ON THE SCREEN OF THE BANK
COMMON ACCOUNT,-

SPECIAL PROVISIONS:

TAXES:
EACH PARTY, INDIVIDUALLY AND SEPARATELY, SHALL BEAR RESPONSIBILITY AND ACCEPTS LIABILITY FOR APPLICABLE
PAYMENTS OF ANY TAX, IMPOSTS, LEVIES, AND DUTIES OF CHARGES THAT MAY BE FOUND APPLICABLE DURING THE
FULFILLMENT OF THEIR RESPECTIVE OBLIGATIONS UNDER THIS AGREEMENT.

ASSIGNMENT:
NONE OF THE PARTIES SHALL ASSIGN OR TRANSFER ITS RIGHTS OR DUTIES IN THIS AGREEMENT WITHOUT THE EXPRESSED
WRITTEN CONSENT OF THE OTHER PARTIES. ANY TRANSFER OR ASSIGNMENT MADE WITHOUT SUCH CONSENT SHALL NOT
RELIEVE THE TRANSFEROR OR ASSIGNOR OF ITS DUTIES OR OBLIGATIONS PURSUANT TO THIS AGREEMENT, AND THE
ASSIGNMENT AND TRANSFER SHALL BE CONSIDERED NULL AND VOID.

INCENTIVES:
THE PARTIES TO THIS AGREEMENT HEREBY STATE AND DECLARE THAT EACH PARTY, FREE FROM ANY UNDUE INFLUENCE,
COERCION OR MISREPRESENTATION OF ANY KIND, HAS VOLUNTARILY ENTERED INTO THIS AGREEMENT.
PARTY-A-SENDER: Page 4 of 10 PARTY-B-RECEIVER:
TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

GENERAL PROVISIONS
THIS INVESTMENT AGREEMENT CONTAINS THE ENTIRE UNDERSTANDING OF THE PARTIES, WITH RESPECT TO THE SUBJECT
MATTER HEREOF AND SHALL SUPERSEDE ALL PRIOR OR CONTEMPORANEOUS REPRESENTATIONS, WARRANTIES,
AGREEMENTS AND UNDERSTANDINGS, AND MAY NOT BE AMENDED OR ANY PROVISION HEREOF WAIVED. AFTER SIGNING
THIS AGREEMENT, NO ORAL OR WRITTEN REPRESENTATIONS, WARRANTIES OR STATEMENTS MADE BY THE PARTIES OR
THIRD PERSONS SHALL HAVE ANY LEGAL FORCE AND EFFECT IF NOT SPECIFICALLY PROVIDED BY THIS AGREEMENT.
ALL APPENDICES AND ADDENDUMS DULY SIGNED IN FULL BY BOTH PARTIES SHALL BE AN INTEGRAL PART OF THIS
AGREEMENT. ANY ALTERNATIONS, MODIFICATIONS OR AMENDMENTS OR CANCELLATION TO THIS AGREEMENT MUST BE
MADE IN WRITING AND SIGNED BY BOTH PARTIES.

SEVERABILITY:
IN THE EVENT A COURT, TRIBUNAL OR ARBITRATOR OF COMPETENT JURISDICTION HOLDS ANY PORTION OF THIS
AGREEMENT, INCLUDING AMENDMENTS OR ADDENDA HERETO, TO BE INVALID, VOID OR UNENFORCEABLE, THE
REMAINING PROVISIONS OF THIS AGREEMENT WILL NEVERTHELESS CONTINUE IN FULL FORCE AND EFFECT, WITHOUT
BEING IMPAIRED OR INVALIDATED IN ANY WAY.

LANGUAGE:
THE PARTIES AGREE THAT THE ENGLISH LANGUAGE IS THE GOVERNING LANGUAGE WHEN INTERPRETING THE
REPRESENTATIONS, WARRANTIES, AGREEMENTS AND UNDERSTANDINGS OF THIS AGREEMENT BETWEEN THE PARTIES.
FURTHERMORE, ANY NOTICES DUE SHALL BE MADE IN THE ENGLISH LANGUAGE. EXCEPT FOR PERFORMANCES
EXPRESSIVELY STIPULATED IN THIS AGREEMENT CASES, NEITHER PARTY SHALL BE LIABLE FOR INDIRECT LOSSES ARISEN AS
A RESULT OF PERFORMANCE (NON-PERFORMANCE) OF OBLIGATIONS UNDER THE PRESENT AGREEMENT

NOTICES:
ANY NOTICE, REQUEST, DEMAND, CONSENT OR AUTHORIZATION (HEREINAFTER “NOTICE”) REQUIRED OR PERMITTED TO
BE GIVEN UNDER THIS AGREEMENT BY ANY PARTY TO THIS AGREEMENT SHALL BE IN WRITING AND DELIVERED
PERSONALLY, VIA OVERNIGHT COURIER, FACSIMILE OR E-MAIL TO THE ADDRESSES OF THE PARTIES TO THIS AGREEMENT
AS OUTLINE IN THE FIRST PAGE OF THIS AGREEMENT, THE PARTIES IS ENTITLED TO DEMAND AND TO RECEIVE FROM THE
PARTY THE ORIGINAL OF THE DOCUMENT PREVIOUSLY SENT BY FACSIMILE OR E-MAIL.

EXECUTION:
THE ORIGINAL OF THIS AGREEMENT HAS 18 (EIGHTEEN) PAGES INCLUDING ANNEXES AND APPENDICES, , AND HAS BEEN
PRINTED OUT AND SIGNED IN FULL ON EACH PAGE HEREOF IN TWO (2) IDENTICAL ORIGINAL COPIES WITH IDENTICAL
WORDING, WITH EACH OF THE PARTIES HOLDING ONE COPY.
PARTY DELIVERING THIS AGREEMENT BY EMAIL OR FACSIMILE SHALL ALSO FORTHWITH DELIVER EITHER BY COURIER OR BY
HAND TO THE ADDRESSES NOTED ABOVE THE ORIGINAL OF SAID EMAILED COPY OR FACSIMILE, WHICH BEARS ON ITS FACE
THE ORIGINAL SIGNATURE OR ELECTRONIC SIGNATURE OF THE DELIVERING PARTY. ELECTRONIC SIGNATURES TO BE
TREATED AS ORIGINAL SIGNATURES. UPON DELIVERY OF THE ORIGINAL, SUCH SHALL BECOME THE AGREEMENT OF
RECORD. THE AGREEMENT SHALL BE CONSIDERED EXECUTED AND COME INTO LEGAL EFFECT ONCE IT HAS BEEN PRINTED
OUT, SIGNED IN FULL ON EACH PAGE, BY BOTH PARTIES, WHO WARRANT THAT THEY ARE LEGALLY AUTHORIZED
REPRESENTATIVES OF THEIR RESPECTIVE (LEGAL) PERSONS, AND IN CONFORMITY WITH THEIR RESPECTIVE AUTHORITIES
HAVE THE RIGHT TO SIGN THIS AGREEMENT.

AMENDMENTS.
THIS AGREEMENT MAY NOT BE AMENDED, ALTERED OR MODIFIED EXCEPT (I) UPON THE UNANIMOUS BY INSTRUMENT
IN WRITING AND SIGNED BY EACH OF THE INVESTOR AND ASSET MANAGER.

COUNTERPARTS.
THIS AGREEMENT MAY BE EXECUTED IN ONE OR MORE COUNTERPARTS, ALL OF WHICH SHALL BE CONSIDERED ONE AND
THE SAME AGREEMENT, AND SHALL BECOME EFFECTIVE WHEN ONE OR MORE SUCH COUNTERPARTS HAVE BEEN SIGNED
BY AND DELIVERED TO EACH OF THE PARTIES.

NO RIGHTS OF THIRD PARTIES.

THIS AGREEMENT IS MADE SOLELY AND SPECIFICALLY BETWEEN AND FOR THE BENEFIT OF THE PARTIES HERETO AND THEIR
RESPECTIVE MEMBERS, SUCCESSORS AND ASSIGNS SUBJECT TO THE EXPRESS PROVISIONS HEREOF RELATING TO
SUCCESSORS AND ASSIGNS,

PARTY-A-SENDER: Page 5 of 10 PARTY-B-RECEIVER:

 TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

AND (II) NO OTHER PERSON WHATSOEVER SHALL HAVE ANY RIGHTS, INTEREST, OR CLAIMS HEREUNDER OR BE ENTITLED
TO ANY BENEFITS UNDER OR ON ACCOUNT OF THIS AGREEMENT AS A THIRD PARTY BENEFICIARY OR OTHERWISE.

CURRENCY.
ANY EXCHANGE OF FUNDS BETWEEN SENDER AND RECEIVER SHALL BE MADE IN THE SAME CURRENCY IN WHICH THE
SENDER TRANSFERRED THE INVESTMENT FUNDS. IN ADDITION, ALL CALCULATIONS PURSUANT TO THIS AGREEMENT AND
ANY JOINT VENTURE AGREEMENT SHALL BE BASED ON ICC REGULATIONS IN PARIS.

IN WITNESS WHEREOF, THE PARTIES HERETO SET THEIR HANDS AND WITNESS WITH THEIR CORPORATE SEALS UPON THIS
AGREEMENT AS THE ACCEPTANCE OF THE PRESENT TERMS AND CONDITIONS ON THIS

IN WITNESS WHEREOF, THE PARTIES HEREUNTO CONFIRM AND AGREED WITH THIS Agreement and Permission direct
Debit Mandate IN ITS ENTIRETY AND HAVE EXECUTED THIS AGREEMENT ON THIS FOR AND ON BEHALF OF:

JUNE 02, 2020

INVESTOR (PARTY-A): DEVELOPER (PARTY-B):

COMPANY: MIRYA TRADING CO. LIMITED COMPANY NAME: ZHONGGANG COASTAL GLOBAL
GROUP LIMITED
REPRESENTED BY:: MR.BULGAY IBRAHIM REPRESENTED BY: NIXON NG CHEZ
PASSPORT NUMBER: U01323386 PASSPORT NUMBER: 530571505
PASSPORT ISSUE DATE: 07/FEB/2011 PASSPORT ISSUE DATE: 26-05-2015
PASSPORT EXPIRY DATE: 07/FEB/2021 PASSPORT EXPIRY DATE: 25-05-2025
COUNTRY OF ISSUE REPUBLIC OF TURKEY COUNTRY: china

PARTY-A-SENDER: Page 6 of 10 PARTY-B-RECEIVER:

TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

PARTY-A PASSPORT COPY:

PARTY-A-SENDER: Page 7 of 10 PARTY-B-RECEIVER:

TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

PARTY-A BUSINESS REGISTRATION CERTIFICATE:

PARTY-A-SENDER: Page 8 of 10 PARTY-B-RECEIVER:

TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

PARTY-B PASSPORT COPY:

PARTY-A-SENDER: Page 9 of 10 PARTY-B-RECEIVER:

TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

PARTY-B BUSINESS REGISTRATION CERTIFICATE:

PARTY-A-SENDER: Page 10 of 10 PARTY-B-RECEIVER:

 TRANSACTION CODE: MTC-XXX/MT103-202/50BI/06062020
CONTRACT №: MT103-202/50BI/MTC-XXX/06062020
DATE: 06 June 2020

SIGNATURES OF THE PARTIES:

IN WITNESS WHEREOF, THE PARTIES HEREUNTO CONFIRM AND AGREED WITH THIS Agreement and Permission direct
Debit Mandate IN ITS ENTIRETY AND HAVE EXECUTED THIS AGREEMENT ON THIS FOR AND ON BEHALF OF:
PARTY-A PARTY-B
JUNE 02, 2020

INVESTOR (PARTY-A): DEVELOPER (PARTY-B):

COMPANY: MIRYA TRADING CO. LIMITED COMPANY NAME: ZHONGGANG COASTAL GLOBAL
GROUP LIMITED
REPRESENTED BY:: MR.BULGAY IBRAHIM REPRESENTED BY: NIXON NG CHEZ
PASSPORT NUMBER: U01323386 PASSPORT NUMBER: 530571505
PASSPORT ISSUE DATE: 07/FEB/2011 PASSPORT ISSUE DATE: 26-05-2015
PASSPORT EXPIRY DATE: 07/FEB/2021 PASSPORT EXPIRY DATE: 25-05-2025
COUNTRY OF ISSUE REPUBLIC OF TURKEY COUNTRY: china

EDT (ELECTRONIC DOCUMENT TRANSMISSIONS)

EDT’S SHALL BE DEEMED VALID AND ENFORCEABLE IN RESPECT OF ANY PROVISIONS OF THIS CONTRACT. AS APPLICABLE, THIS AGREEMENT
SHALL:
1. INCORPORATE U.S. PUBLIC LAW 106-229, ‘‘ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT’’ OR SUCH OTHER
APPLICABLE LAW CONFORMING TO THE UNCITRAL MODEL LAW ON ELECTRONIC SIGNATURES (2001) AND
2. ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, GENEVA, MAY 2000) ADOPTED BY THE UNITED NATIONS CENTRE FOR
TRADE FACILITATION AND ELECTRONIC BUSINESS (UN/CEFACT).
3. EDT DOCUMENTS SHALL BE SUBJECT TO EUROPEAN COMMUNITY DIRECTIVE NO. 95/46/EEC, AS APPLICABLE. EITHER PARTY MAY
REQUEST HARD COPY OF ANY DOCUMENT THAT HAS BEEN PREVIOUSLY TRANSMITTED BY ELECTRONIC MEANS PROVIDED HOWEVER, THAT
ANY SUCH REQUEST SHALL IN NO MANNER DELAY THE PARTIES FROM PERFORMING THEIR RESPECTIVE OBLIGATIONS AND DUTIES UNDER
EDT INSTRUMENTS.
ELECTRONIC TRANSMISSIONS: EACH PARTY IS TO SIGN AND INITIAL THIS AGREEMENT AND SEND COPIES TO THE OTHER PARTY VIA
ELECTRONIC MAIL AND SHALL BE CONSIDERED THE SAME AS AN ORIGINAL. WHEN EACH PARTY HAS COMPLETED COPIES OF THIS
ELECTRONIC MAIL FROM THE OTHER PARTY, THE AGREEMENT IS CONSIDERED TO BE FINALIZED BY ALL PARTIES. THE PARTIES CONSENT
AND AGREE TO BE BOUND CONTRACTUALLY BY ELECTRONIC COMMUNICATIONS RELATIVE TO THE MATTERS ADDRESSED IN THIS
AGREEMENT. BY EXECUTING THIS AGREEMENT BOTH PARTIES ACKNOWLEDGE THAT THEY HAVE THE HARDWARE AND SOFTWARE
REQUIRED TO RECEIVE AND TRANSMIT COMMUNICATIONS (EMAILS AND EMAIL ATTACHMENTS) ELECTRONICALLY TO EACH OTHER, IN
GENERALLY-ACCEPTABLE BUSINESS FORMATS (SUCH AS, BUT NOT LIMITED TO, MICROSOFT EXCEL POWERPOINT). BOTH PARTIES
SPECIFICALLY AGREE TO DO BUSINESS WITH EACH OTHER ELECTRONICALLY.

**********************END OF AGREEMENT********************

PARTY-A-SENDER: Page 11 of 10 PARTY-B-RECEIVER: