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Debit Visa Card Forced Sale FOR Investment Settlement
Debit Visa Card Forced Sale FOR Investment Settlement
-AND-
The Parties hereby conclude the following agreement, here in after called “AGREEMENT”: Scope of
Activities.
1. SCOPE OF ACTIVITIES:
2. PROCEDURE:
The Parties agree on the following procedure and terms and conditions of the “debit
card transaction OFF LINE – MANUAL KEY’ENTRY transaction:
Term condition debit card transaction CARD LINE SALES ONE STEPS or TWO STEPS)
as follow:
The DEBIT Card Holder prepare PIN Code and Valid Approval Code.
The DEBIT Card Holder will make a Direct Video Call at the time of the transaction.
The amount in the transaction, follow the Transaction Procedure that has
been understood and mutually agreed.
The EDC owner will provide the EDC machine which will be used via the EDC
Owner’s bank as payment terminal for the transaction;
The DEBIT CARD HOLDER & EDC OWNER will be compensated with the following:
• Debit Card Holder 40% (Forty Percent) of the value of each and every
transaction according to the referenced agreement.
• Intermediaries (Fund Owner Side) 5% ( Five Percent) of the value of each and
every transaction according to the referenced agreement.
• EDC Owner 45% (Forty Five Percent) of the value of each and every
transaction according to the referenced agreement.
• Intermediaries (EDC Owner Side) 10% ( Ten Percent) of the value of each and every
transaction according to the referenced agreement.
This AGREEMENT shall become effective as of the date of its signature and shall
remain in force until all funds raised from One Step or Two Steps transactions.
Confidentiality –NCND:
• The Parties shall hold no discussions or negotiations with any third party on the
subject of this AGREEMENT and Contract or any other equivalent contract, unless
otherwise agreed between the Parties.
• Each Party shall treat the Negotiations and the contents of this AGREEMENT as
confidential, unless the other party gives its prior written consent to its (or any
part thereof) disclosure. The Parties will maintain complete confidentiality
regarding each other’s business sources and/or their affiliates and partners, and
will disclose such business source only to the Parties named pursuant to the
express written permission of the Party who made available the source, and
• The Parties will not in any way whatsoever circumvent, nor attempt to
circumvent, each other, or any of the parties involved in the Project, nor disclose
to
another party any information in respect to business agreements, contracts,
financing, project related information etc. which are considered confidential in
nature, made with its respective partners, business associates, co-ventures or
other third parties.
• Each Party shall use any information which it receives from the other Party
during the course of discussions or Negotiations, only for the purposes for which it
has been provided, and shall prevent third parties from gaining access to it and
treat it in the same way as its own business secrets. This confidentiality obligation
shall not apply to information which is generally known, which can be shown to
have been independently developed by the recipient, or which has been acquired
from a third party without nondisclosure obligation to the disclosing party. This
obligation shall likewise not apply if a Party is required by statutory regulations to
reveal any of the information it has obtained. This obligation shall survive for a
period of five years after this Agreement has lost its force. And
Assignment:
The DEBIT Card Holder shall not assign this AGREEMENT or any portion of its rights
or obligations hereunder (including payment due or to become due) to any Sub-
agent, affiliate or any other third party without the express written consent of EDC
OWNER.
Limitation of Liability:
In no event shall either Party hereto be liable to the other Party for any special,
indirect, consequential or incidental damages, including but not limited to loss of
profits or revenues, costs of capital, costs of substitute products, loss of or
EXECUTOR PASSPORT