From: "Mr.Richard Gavegnano" <spo@iasl.com>
Reply-To: gavegnanorichard@gmail.com
Date: Wed, 29 Jan 2020 08:13:03 -0800
Subject: READ THROUGH MY PROVIDER'S BG/SBLC PROCEDURES:



READ THROUGH MY PROVIDER'S BG/SBLC PROCEDURES:





1.SENDER and Receiver’s execute, sign a Deed of Agreement which thereby automatically becomes a full recourse commercial contract after Receiver’s application has been accepted by the SENDER.





2.Within 1, 2 days after both parties sign the Agreement, seller’s bank officer send RWA through his bank official Email address to buyer’s bank officer’s official email address and send cc to receiver/sender and receiver’s bank officer respond if necessary and also cc to receiver/sender.





3.Upon the receipt of the mail by the buyer’s banker, buyer pays 20,000 Euro security deposit for swift MT760 to the receiver’s nominated bank account.





4.Within 1-12 banking hours upon receipt of the fees, Sender shall swift MT760 BG/SBLC and send copy to the Receiver.







5.Receiver’s bank confirms and verifies BG/SBLC MT-760; Receiver shall within 1 – 10 Banking days’ pay to Sender the total fee 8% to Senders nominated account and also pay the additional 2% agent commission fees to agent as in the contract below.

(Should Receiver default to pay the fees to the Sender and the Intermediaries fees as agreed on this contract within allowed number of days on confirmation of Swift MT-760, Sender shall instruct the issuing bank to put a claim on the BG/SBLC thereby forcing the Receiver's bankers to return the BG/SBLC swift MT-760 to the issuing Bank.)





6.Within 7 banking days after receiving money, Hard copy will be sent to Receiver bank by bank-bonded courier.





7.Any unauthorized calls by any party or its representative lawyers to probes or communication in an improper way to bank(s) in this transaction shall be prohibited and contract terminated.





8.This Deed of Agreement is a full recourse commercial commitment governed by the Law of the jurisdiction that both parties reside and standards under ICC Regulation.





9.SANCTIONS (NON PERFORMANCE):-




After this contract is signed by both Sender and Receiver, and copies exchanged electronically or otherwise by a delivery service, failure to follow the closing procedure in time and form herein is considered breach of this contract and puts the failing party in default position to pay a one time penalty fee of 1% of the contract to the suffering Party.





UNAUTHORIZED BANK COMMUNICATION: Neither Party is allowed to contact the Bank of the other Party without the authorization of the Party whose bank is to be contacted. Any unauthorized contact act is breach of this contract.





Notice: This is a private sale between two entities and is not to be construed as an offer of funds nor a sale of securities as defined in the Securities Act of 1933/34





NON-SOLICITATION:-


The RECEIVER hereby confirms and declares that the SENDER, its associates or representatives or any person or persons on its behalf has/have never ever solicited the RECEIVER, its shareholders or associates or representatives in any way whatsoever that can be construed as a solicitation for this transaction or for future transactions.





FORCE MAJEURE:-


Any delay in or failure of performance by either party of their respective obligations under this agreement shall 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 “Include 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.





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 shall 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.

Mr.Richard Gavegnano