DATE OF AGREEMENT Saturday, 14 October 2023,

TRANSACTION CODE SIDER/GTS

INVESTMENT AGREEMENT
(DEED OF AGREEMENT)
THIS DEED OF AGREEMENT (FROM NOW ONWARD “THE AGREEMENT”), IS MADE AND ENTERED INTO ON THIS
Saturday, 14 October 2023 , BY AND BETWEEN

SELLER’S BANKING CO-ORDINATE TO ISSUE MT799 / MT760/hard copy

ISSUING / SENDING
BANK:
ADDRESS:
COUNTRY:
BANK PHONE
SWIFT CODE:

AGENT’S INFORMATION
CORPORATE NAME:
ADDRESS:
LICENSE NUMBER:
COUNTRY:
REPRESENTED BY:
TITLE: CEO
EMAIL:
PASSPORT NUMBER:
NATIONALITY:

BUYER’S / BENEFICIARY’S INFORMATION

CORPORATE NAME: GTS FUNDING CORP.

ADDRESS: 3 NORTHERN BLVD, GREAT NECK, NY. 11021 (U.S.A.)
LICENSE NUMBER: 47999639
COUNTRY: UNITED STATES OF AMERICA
REPRESENTED BY: ERIC KO
TITLE: PRESIDENT/CEO
EMAIL: SUNBUMKOH@GMAIL.COM / INFO@GSTHOLDINGS.NET
PASSPORT NUMBER: M89835599
NATIONALITY: REPUBLIC OF KOREA

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Initial’s Seller: Initial’s Buyer:
 DATE OF AGREEMENT Saturday, 14 October 2023,
TRANSACTION CODE SIDER/GTS

WHEREAS: the Client desires to receive a collateral facility from the Seller, in form of Cash Backed Standby
Letter of Credit (SBLC) for the purpose to secure working capital and proper management, which will serve
Client, to finance its Commercial, Industrial, and Humanitarian Projects, and further confirms with full
corporate and legal responsibility that sufficient financial sources are available to cover the costs of the said
purchases;

WHEREAS: the Seller accepts Client’s application for the collateral facility, in form of SBLC, by issuing and
transferring to the Client all its rights on SBLC Title and any other interest, plus further represents and
warrants that it has the ability and resource to cause the issuance and arrange through associates, contracts
and sources, with full corporate responsibility, such financial instrument(s) as required and as per terms
mutually agreed herein. The Seller hereby declares, under full penalty of perjury, that each Standby
Letter of Credit will be backed by good, clean, cleared, and of non-criminal origin cash funds, free and
clear of all liens, encumbrances and any third party interests.
NOW THEREFORE, the Client has agreed to receive the Bank Instrument(s) at certain cost and the Seller has
agreed to issue/deliver said Bank Instruments based on the following terms and conditions:

DESCRIPTION OF INSTRUMENT
INSTRUMENT: CASH BACKED SBLC

FACE VALUE: € 5,000,000.00 (FIVE MILLION EURO)

ISSUING BANK:
AGE: ONE YEAR AND ONE DAY

CURRENCY EURO

PRICE: 38 % OF FACE VALUE + 2% COMMISSION TO INTERMEDIARIES

VERBIAGE: AS PER APPROVED BY A TOP-RATED BANKS (STATED BELOW)

DELIVERY TYPE: SWIFT MT799 pre-advice, SWIFT MT 799 CONFIRM, SWIFT MT760, HARD
COPY
PAYMENT: SWIFT MT 103

TRANSACTION PROCEDURES

1. BOTH PARTIES COMPLETE, SIGN THIS CONTRACT AGREEMENT TO BE LEGALLY BINDING

2. THE PROVIDER WITHIN FIVE (5) WORKING DAYS OF SIGNING CONTRACT WILL SEND RWA BY E- MAIL;

3. AFTER WITHIN FIVE (5) BANKING DAYS IUSSER BANK WILL SEND THE BENEFICIARY PRE ADVISE VIA SWIFT
MT 799.
3. BUYER BANK CONFIRM VIA SWIFT MT799 TO IUSSER BANK

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Initial’s Seller: Initial’s Buyer:
 DATE OF AGREEMENT Saturday, 14 October 2023,
TRANSACTION CODE SIDER/GTS

4. UPON CONFIRMATION OF MT 799 BY ISSUER BANK, ISSUING BANK SENDS SBLC VIA SWIFT MT760 TO BUYER
BANK (copy of bank SWIFT to be sent by mail to receiver).

5. UPON CONFIRMATION OF THE STANDBY LETTER OF CREDIT AT THE BUYER'S BANK, THE BUYER SHALL PAY
THE ISSUER'S BANK BY SWIFT MT103/TT INCLUDING CONSULTANTS’ FEES, WITHIN FIVE (5) WORKING DAYS.

6. ISSUER BANK DELIVERS AUTHENTIC HARD COPY OF SBLC TO BUYER BANK WITHIN 5 DAYS OF PAYMENT VIA
BANK BONDED COURIER. TRANSMISSION PROCEDURES REPEATED FOR EACH TRANCHE.

7. ANY UNAUTHORIZED BANK CALLS, PROBES OR COMMUNICATIONS, OR AN IMPROPER SOLICITATION OR

DISCLOSURE INVOLVING ANY OF THE BANKS CONCERNED IN THIS TRANSACTION WILL RESULT IMMEDIATE
CANCELLATION.

All default or failure to perform as per the terms and conditions, if the Buyer’s Bank fails to receive the
confirmation, and Standby Letter of Credit as per the above terms and conditions, the Buyer shall
immediately place a claim of a Suspicious Activity Report (SAR) shall be filed to the relevant authorities and
legal action shall commence.

SELLER’S BANKING CO-ORDINATE TO ISSUE MT799 / MT760/hard copy

ISSUING / SENDING
BANK:
ADDRESS:
COUNTRY:
BANK PHONE
SWIFT CODE:

BUYER’S BANK COORDINATES TO RECEIVE SBLC via

MT799/MT760/HARDCOPY
BANK NAME: TD BANK

BANK ADDRESS: 15038 NORTHERN BLVD, FLUSHING, NY 11354

BANK SWIFT CODE: NRTHUS33XXX

ACCOUNT NAME: GST FUNDING CORP

ACCOUNT NUMBER 4394819838

CURRENCY: EURO

COUNTRY: UNITED STATES OF AMERICA

BANK OFFICER MR. RICHARD HWANG

NAME
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TRANSACTION CODE SIDER/GTS

REFERNCE MESSAGE

SELLER’S BANKING CO-ORDINATE TO PAY 38 % OF FACE VALUE SBLC

BANK NAME: PT. BANK RAKYAT INDONESIA

BANK ADDRESS:
BANK SWIFT CODE:
ACCOUNT NAME: PT. DEWI MEGA VICTORI

ACCOUNT NUMBER:
CURRENCY: EURO

COUNTRY: INDONESIA

AMOUNT: € 1,900,000.00 (ONE MILLION NINE HUNDRED THOUSAND EURO)

REFERENCE DMV/GST
MESSAGE:

BANKING CO-ORDINATE TO PAY 1% COMMISSION TO SELLER’S INTERMEDIARIES

BANK NAME: DSK BANK

BANK ADDRESS: 21, KNYAZ A. DONDUKOV, SOFIA- BULGARIA

BANK SWIFT CODE: STSABGSF

ACCOUNT NAME: SIDER TRADING EOOD

ACCOUNT NUMBER: BG47STSA93000025718018

CURRENCY: EURO

COUNTRY: BULGARIA

AMOUNT: € 10,000,000.00 (TEN MILLION EURO)

REFERENCE SIDER/GTS
MESSAGE:

BANKING CO-ORDINATE TO PAY 1% COMMISSION TO BUYER’S INTERMEDIARIES

BANK NAME: PT. BANK CENTRAL ASIA, TBK.

BANK ADDRESS: JL. RAYA PASAR MINGGU NO.64 RW.8 KALIBATA, KEC. PANCORAN, DKI
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TRANSACTION CODE SIDER/GTS

JAKARTA 12740
BANK SWIFT CODE: CENAIDJA

ACCOUNT NAME: WANDA JJ KORAH

ACCOUNT NUMBER: 1281537216 (IDR)

CURRENCY: EURO

AMOUNT: € 50,000.00 (FIFTY THOUSAND EURO)

REFERENCE
MESSAGE:

FORCE MAJEURE

Any delay in or failure of performance by either party of their respective obligations under this
agreement must not constitute a breach hereunder or give rise to any claims for damages if, and to
the extent that such delays or failures in performance are caused by events or circumstance beyond
the control of such party.

The term “Beyond the Control of Such Party” includes Lawful order of Government or Authority, Act
of War, Rebellion or Sabotage, Fire, Flood, Earthquake, or other natural disasters. Any other cause
not within the control of such party or which is by exercise of reasonable diligence, the party will be
unable to foresee or prevent or remedy.

A TWO PERCENT (2%) NON PERFOMANCE PENALTY

Two percent (2%) damage fee will apply to a Party that fails to perform. The 2% must apply in both
cases, either when the Provider has sent a corporate Invoice which the Beneficiary Bank will not
respond or pay AND/OR when the Receiver is ready willing and able to receive the Standby Letter of
Credit and Provider fails to send MT-799 or SWIFT MT-760.

UNAUTHORIZED BANK COMMUNICATION

Neither Party nor Party’s bank can contact the bank of the other party without the authorization of
the party whose bank is to be contacted. Any authorized contact act is breach / termination of this
Deed of Agreement and the contract thereof.

CODES OF IDENTIFICATION

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Initial’s Seller: Initial’s Buyer:
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TRANSACTION CODE SIDER/GTS

The Parties to this contract agree that all documents related to this transaction must indicate the
codes as indicated herein. And, the codes must not be changed during the term of this transaction
contract, including all rollovers, renewals, extensions, and all additions.

ARBITRATION

All disputes and questions whatsoever which arises between the parties to this agreement and
touching on this agreement on the construction or application thereof or any account cost, liability to
be made hereunder or as to any act or way relating to this agreement must be settled by the
arbitration in accordance with the arbitration laws of the ICC.

This agreement contains the entire agreement and understanding concerning the subject matter
hereof and supersedes and replaces all prior negotiations and proposed agreements, written or oral.
Neither of the parties may alter, amend, nor modify this agreement, except by an instrument in
writing signed by both parties. This agreement will be governed by and construed in accordance with
the laws of United Kingdom. If either party must be required to bring any legal actions against the
other, it enforces any of the terms of this agreement the prevailing party must be entitled to recover
reasonably attorney fees and costs.

FEE PROTECTION AGREEMENT

Both Purchaser and Beneficiary agree that the Purchaser’s agents are entitled to a total of 2% of the
monetization of SBLC commission fees.

These commission fees will be shared between the Purchaser’s and Beneficiary’s agents as specified
here below.

The parties agree that the commission fees stated are compensation for services rendered and are
irrevocably and unconditionally guaranteed to be paid by the Beneficiary / monetizer to the agents
and intermediaries listed in this FPA by wire transfer. The commission fees will be free of legal
impediment and free of any deductions, excluding bank transfer fees, for this and all subsequent
transactions between the parties.

In consideration of the mutual benefits to be derived by the associates or affiliated individuals,

agents, companies, designees, trustees, or executors, it is understood and agreed that the parties
hereto are mutually desirous of effecting this business transaction in co-operation with one another
for their mutual benefit and all signatory parties agree to abide by the following terms and
conditions:

1. Each party agrees that they will not make any contact with, deal with or be involved with
individuals, trader and investor introduced by other signatories without specific permission of the
introduced signatory for the Investor.
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Initial’s Seller: Initial’s Buyer:
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TRANSACTION CODE SIDER/GTS

2. The signatory agrees to keep confidential the identity of and all contacts so provided by any other
signatories.

3. The parties hereto agree that all commissions or fees as agreed by the parties shall be paid in full
at the end of every transaction.

4. This agreement shall be legally binding on the parties hereto, their principals, employees,
representatives, agents and assigns in all countries of the world.

5. The parties hereto affirm that in every case they will act with the highest standards of ethics and
honesty in all their dealings.

6. This agreement shall always be respected and honored, unless otherwise mutually agreed upon
and any party will permit no attempt or hint of circumvention.

Each of the above parties agree and understand that any overt or covert action of circumvention
prescribed by this agreement shall be a fraudulent act against the other party and will be subject to
judicial action, recompense for damages, possible punitive damages and injunctive relief imposed by
the legal process.

The Singapore Supreme Court must stand as a legal entity and witness to the agreement entered
herein, making it most safe for the Receiver to willingly pay facility fees as backed up by the Supreme
Court to be a fee protection entity.

The parties hereto affirm that in every case they will act with the highest standards of ethics and
honesty in all their dealings.

This agreement must be respected and honored always, unless otherwise mutually agreed upon and
any party will permit no attempt or hint of circumvention. Each of the above parties agrees and
understands that any overt or covert action of circumvention prescribed by this agreement must be a
fraudulent act against the other. THE PROVIDER and THE BENEFICIARY will be subject to judicial
action, recompense for damages, possible punitive damages and injunctive relief imposed by the
legal process.
SIGNATURES OF THE PARTIES

This Agreement is read, approved, and signed by both Parties in two (2) copies, by one (1) copy for
each of the Parties, in all pages, on this date:

AGENT BUYER

SIDER TRADING EOOD GST FUNDING CORP.

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Initial’s Seller: Initial’s Buyer:
 DATE OF AGREEMENT Saturday, 14 October 2023,
TRANSACTION CODE SIDER/GTS

Name: Mr. FILIPPO CANOCCHI
Passport №: YA 7498738
Date of Issue: 09/03/2015
Date of Expiry: 08/03/2025
Place of Issue: ITALY
_______________________________
Name: Mr. ERIC KO
Passport №: M89835599
Date of Issue: 11/05/2017
Date of Expiry: 11/05/2027
Place of Issue: REPUBLIC OF KOREA

SAMPLE VERBIAGE OF MT799 RWA

MT 799 Respond PRIORITY:

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Initial’s Seller: Initial’s Buyer:
 DATE OF AGREEMENT Saturday, 14 October 2023,
TRANSACTION CODE SIDER/GTS

MESSAGE OUTPUT REFERENCE:

CORRESPONDENT INPUT REFERENCE: --------------------------------------------------
MESSAGE HEADER----------------------------------------------
SWIFT OUTPUT: MT799 MESSAGES IN (AUTHENTICATED FORMAT)
SENDER:
RECEIVER: BANK NAME:
BRANCH:
ADDRESS:
ACCOUNT NAME:
ACCOUNT NO.:
SWIFT:
TELEPHONE NO.:
FAX:

TRANSACTION REF.: -----------------------------------------------MESSAGE TEXT-------------------------------------------------AS

ADVISED AND INSTRUCTED BY OUR CLIENT ____________, WE (NAME OF RECEIVING BANK) HEREBY CONFIRM
THAT WE HAVE RECEIVED YOUR SWIFT MT 799 PRE-ADVICE WITH REFERENCE

NUMBER ___________SENT TO OUR CLIENT __________WITH ACCOUNT NO. __________IN

TRANSACTION CODE: XXXXXXXXXXXX THE FACE AMOUNT OF XXXXXXXXX WE HEREBY CONFIRM WITH FULL
BANK RESPONSIBILITY THAT WE ARE READY WILLING AND ABLE TO RECEIVE YOUR SWIFT MT 760

WITH A TOTAL AMOUNT OF XXXXXXXXX ACCORDING TO YOUR PR- ADVICE MT799 FOR AND ON BEHALF
OF .........................

NAME BANK OFFICER #1 : NAME BANK OFFICER #2 :

POSITION : POSITION :
PIN/ID : PIN/ID :

SAMPLE VERBIAGE OF MT799 Pre-Advice

FROM:
TO:
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Initial’s Seller: Initial’s Buyer:
 DATE OF AGREEMENT Saturday, 14 October 2023,
TRANSACTION CODE SIDER/GTS

TRANSACTION CODE:
REFERENCE CODE:

WE, (ISSUING BANK NAME & ADDRESS), REPRESENTED BY THE UNDERSIGNED OFFICERS, HEREBY CONFIRM
WITH FULL BANK RESPONSIBILITY AND LIABILITY ON BEHALF OF OUR CLIENT _____________, WITH ACCOUNT
NUMBER: _________ THAT WE ARE READY, WILLING AND ABLE TO ISSUE STANDY LETTER OF CREDIT(ICC 600
FORMAT) IN THE FACE AMOUNT OF ____ HUNDRED MILLION EUROS (€_00,000,000.00), ALL FOR THE BENEFIT
OF ____________, WITH ACCOUNT NUMBER: __________.
THERE WILL BE NO LIENS AND ENCUMBRANCES ON THESE INSTRUMENTS WHICH SHALL BE DELIVERED AND
AVAILED VIA SWIFT MT760.
THIS PRE-ADVICE IS VALID FOR FIVE (5) INTERNATIONAL BANKING DAYS ONLY AS AN OPERATIVE
INSTRUMENT, NO MAIL CONFIRMATION WILL FOLLOW. ALL CHARGES ARE FOR THE ACCOUNT OF THE
APPLICANT.

FOR AND ON BEHALF OF (NAME AND ADDRESS OF THE ISSUING BANK)

BANK OFFICER #1 BANK OFFICER #2

SAMPLE VERBIAGE OF MT760 SBLC

SENDER
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
ACCOUNT NUMBER:
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Initial’s Seller: Initial’s Buyer:
 DATE OF AGREEMENT Saturday, 14 October 2023,
TRANSACTION CODE SIDER/GTS

SWIFT CODE:
IBAN NUMBER:
BANK OFFICER:

RECEIVER
BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
ACCOUNT NUMBER:
SWIFT CODE:
BANK OFFICER:

WE, THE UNDERSIGNED (ISSUING BANK NAME AND ADDRESS), HEREBY ISSUE OUR IRREVOCABLE AND CONFIRMED
STANDY LETTER OF CREDITNO.: _____ IN FAVOUR OF _________ FOR THE AMOUNT OF ______ HUNDRED MILLION
EUROS (€__00,000,000.00), DUE ONE YEAR AND ONE DAY FROM THE DATE OF ISSUE.
OTHER TERMS AND CONDITIONS:

PARTIAL AND MULTIPLE DRAWINGS ARE PERMITTED, AND ALL DEMANDS MADE HEREUNDER MUST BE PRESENTED TO
THE ISSUING BANK ON OR BEFORE THE EXPIRY DATE OF ___________; AFTER WHICH THIS STANDY LETTER OF
CREDITAUTOMATICALLY BECOMES NULL AND VOID.

REIMBURSEMENT INSTRUCTION:
ON RECEIPT OF THE DEMAND IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THIS BANK GUANRANTEE, WE SHALL
MAKE PAYMENT TO YOU NOT EXCEEDING THE ABOVE MAXIMUM AMOUNT AS PER YOUR PAYMENT INSTRUCTIONS.

WE HEREBY ENGAGE WITH YOU THAT AN AUTHENTICATED SWIFT DEMAND DRAWN UNDER AND IN COMPLIANCE WITH
THE TERMS OF THIS STANDY LETTER OF CREDITWILL BE DULY HONOURED UPON PRESENTATION TO US.
SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND CLEAR OF ANY DEDUCTIONS, OR CHARGES, FEES OR
WITHHOLDING OF ANY NATURE, NOW OR HEREINAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE
GOVERNMENT OF (ISSUING COUNTRY) OR ANY POLITICAL SUBDIVISION OR AUTHORITY THEREOF OR THEREIN AND UPON
SURRENDER OF THIS INSTRUMENT AT THE OFFICE OF (ISSUING BANK NAME AND ADDRESS).
THIS CASH BACKED INSTRUMENT IS TRANSFERABLE, ASSIGNABLE, DIVISIBLE, AND CALLABLE AT MATURITY. THE ORIGINAL
HARD COPY OF THIS CASH BACKED STANDY LETTER OF CREDITWILL FOLLOW BY BANK BONDED COURIER DELIVERY TO
COORDINATES AS PER YOUR INSTRUCTION FOR DELIVERY WITHIN SEVEN (7) DAYS FROM THE DATE OF MT760 ISSUE.
THIS STANDY LETTER OF CREDITIS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICES FOR BANK CREDIT
INSTRUMENTS IN ACCORDANCE WITH THE INTERNATIONAL CHAMBER OF COMMERCE (ICC) PUBLICATION NO. 600 URDG
758

FOR AND ON BEHALF OF (NAME AND ADDRESS OF THE ISSUING BANK)

Signatures and Stamps: BANK OFFICER #1 BANK OFFICER #2

IRREVOCABLE PROFIT PARTICIPATION AGREEMENT AND PAY ORDER

I, Mr. ERIC KO, represented by GTS FUNDING CORP., address 3 Northern BLVD, Great Neck, NY 11021- U.S.A.,
holder of Passport No. M89835599, Hereinafter the “Payer”, acting with full responsibility, hereby irrevocably
and unconditionally, without protest or notification, without prejudice, recourse, or delay guarantee to
pay the fee entitled to the beneficiaries listed on this document, via Wire transfer, at the time of

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TRANSACTION CODE SIDER/GTS

settlement of each and Every tranche of the transaction. This Fee Agreement is our irrevocable pay order to
the intermediaries and is and will remain an intricate part of the contract between the receiver and the
provider.
This pay-order will remain in effect until this transaction, including any renewals, extensions and
additions are fully completed.
We confirm that upon the execution of this “Fee Protection Agreement” this document is our Irrevocable
Pay order. This Agreement-Pay order shall be lodged in our bank and a copy from that bank will be
forwarded to you the beneficiaries. We agree that this irrevocable pay-order will also be lodged with
provider’s side paymaster’s bank for the simultaneous collection with the first tranche.
In recognition of the services rendered towards the completion of the contractual formalities and the
commencement of the above referenced transaction, we the undersigned Payor, hereby irrevocably and
unconditionally, without protest, demand or delay, promise and guarantee to pay consultancy fees of 2% of
the face value of the instruments, for the benefit of the consultants being hereinafter called collectively
the “beneficiaries” and individually a “Beneficiary”.
The said consultancy fee will be paid upon the successful closing of each and every tranche concurrently with
each payment of the instruments purchased by us. Further, the said consultancy fees will be paid in good,
clean clear and unencumbered EUROS and delivered, via wire transfer, to your designated trust account
coordinates.
This “Fee Agreement-Pay Order” is unconditional, assignable and divisible. This “Fee Agreement-Pay Order”
will ensure to the benefit of the beneficiaries and their respective heirs, administrators, successors and
assigns, as the case may be, and will be binding and enforceable upon us, our successors and assigns as the
case may be, until this transaction, including any renewals, extensions and additions are fully completed.
This Fee Agreement-Pay Order, if transmitted by facsimile, will be considered an original, legally
enforceable document.
Generally recognized International Standards of Non-Circumvention and Non-disclosure are applicable
for a period of Five Years from the date of this document or the last date of the contract including any
renewals, extensions and additions are fully completed and we agree to respect those.
I Mr. ERIC KO hereby declare that we are fully aware that the information received from you is in direct
response to our request and is not in any way considered or intended to be a solicitation of funds of any sort,
or any type of offering, and is intended for our general knowledge only.

I Mr. ERIC KO hereby affirm, under penalty of perjury, that we have requested information from you and your
organization by our choice and free will, and further that you have not solicited us in any way.
I Mr. ERIC KO understand that the contemplated transaction is strictly one of private placement and is in no
way relying upon or relating to the United States Securities Act of 1933, as amended, or related regulations,
and does not involve the sale of securities. Further, we hereby declare we are not licensed brokers or
government employees and understand neither are you or your organization.
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TRANSACTION CODE SIDER/GTS

I Mr. ERIC KO mutually agree that this private placement transaction is exempt from the Securities Act and is
not intended for the general public and all materials are for our “PRIVATE USE ONLY”. Intermediaries are NOT
Advisors of any kind.
All negotiations terms and conditions are between the principal parties and their perspective legal
counsel only! Both principal parties are responsible for the ramification of their own actions. All
Intermediaries are considered introducers and held harmless from any legal actions brought on by either
party. Parties to this agreement are independent contractors and all contemplated payments and/or
disbursements hereunder are divided interests. Nothing in this agreement construes or creates a
partnership or employer/employee relationship between or among the parties hereto.
All taxes, federal, state or other are the independent responsibility of each of the parties hereto. The above
stated codes, (the provider’s code to be provided by the provider) and any other identification codes will
remain the same and will not be changed until this transaction including any renewals, extensions and
additions are fully completed and we agree to respect those.
The transaction code may be amended only by agreement between all parties hereto. This transmission via
facsimile will be accepted as an original and I confirm that I have authority to execute this Pay Order.
Irrevocable Fee Protection / Irrevocable Pay order for Consultant Fees of the face value from each and every
tranche of this transaction, including any rolls or extensions, to be shared equally as follows:
This Agreement/Irrevocable Corporate Payment Order and the payment of commissions herein are subject
to the International Chamber of Commerce “ICC” and the ICC Arbitration Act as adopted by the ICC office in
Geneva, Switzerland, by three arbitrary appointees in accordance with ICC rules.
All NC/ND clauses as prescribed by ICC rules (Latest Edition) will apply to this Agreement and Payment
Order. This Agreement and Irrevocable Corporate Payment Order is irrevocable, divisible, and unconditional,
and may be assigned only by the beneficiaries named herein. This Agreement and Irrevocable Corporate
Payment Order may be executed in one or more counterparts, each one shall be deemed an original and all
together shall constitute one and the same document.
A signed Fax or electronically transmitted copy of this document will be deemed binding on the
“Parties” with the force as the signed original. The Agreement and Irrevocable Corporate Payment Order is
valid when commencement of the above-referenced transaction takes place and shall remain valid and
enforceable for the full terms of the transaction, including any new agreement between the Receiver and
Provider and/or their assigns.
The beneficiaries reserve the right to change the bank coordinates stated herein at any time by
providing written request to the Receiver. Upon execution of the Agreement and the Final Agreement and
prior to, or simultaneously with the first transaction, we guarantee that this Master Fee Protection
Agreement and Irrevocable Corporate Payment Order will be lodged with the Receiver’s Bank.
The Receiver’s bank shall provide the beneficiaries, by e-mails or by tele/fax with copies of the swift related
to all payment instructions upon the closing of each and every transaction of the above transaction.

For and on behalf of GTS FUNDING CORP, December 29, 2021

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Initial’s Seller: Initial’s Buyer:
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TRANSACTION CODE SIDER/GTS

________________________________

Name: Mr. ERIC KO

Passport №: M89835599
Date of Issue: 11/05/2017
Date of Expiry: 11/05/2027
Place of Issue: REPUBLIC OF KOREA

AGENT’S PASSPORT COPY

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TRANSACTION CODE SIDER/GTS

AGENT’S CERTIFICATE OF INCORPORATION COPY

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TRANSACTION CODE SIDER/GTS

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Initial’s Seller: Initial’s Buyer:
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TRANSACTION CODE SIDER/GTS

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TRANSACTION CODE SIDER/GTS

BUYER’S PASSPORT COPY

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TRANSACTION CODE SIDER/GTS

BUYER’S CERTIFICATE OF INCORPORATION COPY

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Initial’s Seller: Initial’s Buyer:
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(ELECTRONIC DOCUMENT TRANSMISSIONS)

EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect
of any provisions of this Contract. As applicable, this agreement shall be:-
Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global & National Commerce
Act’’ or such other applicable law conforming to the UNCITRAL Model Law on Electronic
Signatures (2001)
ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted by
the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT).
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.

>>>>>>>>>>END OF DOCUMENT<<<<<<<<

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Initial’s Seller: Initial’s Buyer: