BUSINESS LOAN CONTRACT MOU

COMPANY APPLICANT LETTERHEAD

CONTRACT SERIAL : PBSSB/888/LOANAPPROVAL/HK/INDIA

DATE XX XXX 2016

LOAN INVESTMENT FOR BUSINESS CONTRACT 2016

This agreement is made and entered into this day xx xxxxxx 2016, by and between the

parties described below:

Known as Loan Lender

NOW THEREFORE, The Lessee has agreed to lease the BG at 5% of Face Value

(Depending on the amount of face value) for the instrument requested and Lessor has

agreed to issue BANK DRAFT/BANK CHEQUE for lease and both Parties hereby agree

Known as Loan Applicant

to the following:

PROCEDURE

What is bank draft?

Bill of exchange drawn by a bank on itself, or on a correspondent bank in another city

or country. Bank drafts are commonly used by banks in dealings with other banks, or

when a creditor or seller is unwilling to accept an ordinary cheque from

a debtor or buyer in another city or country. (In local transactions a certified cheque or

a cashier's cheque serves the same purpose.) When a customer (the drawer) requests a

draft, the bank withdraws the amount of the draft from his or her account and holds it

to honor the draft on its presentment by the drawee.

Procedure to get loan using bank draft:

1. Both the parties will execute the contract and endorsed by International Notary

Public with legal stamp.

2. Loan Applicant will hand over Bank Guarantee of 500 thousand Euro/USD

(depending upon in what currency bank draft is issued) for stipulated period as

collateral and guaranteed their bank not rejected our swift. Once the transaction is

successful and loan amount is disbursed in loan applicant`s account, the lender

will encash the Bank Guarantee/Cash Cheque.

COMPANY NAME SC PANGIRAN BUDI SERVICE SRL

ADDRESS EUROPEAN UNION,GENEVA SWITZERLAND

DIRECTOR SIR DR IR FEROZ BIN MUSA

PASSPORT NO. A25895236

DATE ISSUED 21 JANUARY 2016

DATE EXPIRED 23 JUNE 2017

CITIZENS MALAYSIA

COMPANY NAME

ADDRESS

DIRECTOR

PASSPORT NO.

DATE EXPIRED

DATE ISSUED

CITIZENS



DATE XX XXX 2016

3. Loan Applicant will receive soft copy of bank draft and confirmation letter to

verified and confirm verbiage of MT110.

4. The disbursement will be in two parts. In first part, the loan applicant will receive

30% of the loan amount to check if the bank has accepted the swift MT110. At

this stage, the loan applicant will pay 3% of the loan amount to the lender.

5. In the second part, the loan applicant will receive all the remaining 70% amount

and the loan applicant will pay 5% of the loan amount to the lender.

6. The above 3+5% is the Rate of Interest which the lender will receive in advance

for that particular year. After that, the loan applicant will pay interest on a

monthly basis.

Terms and Conditions:

1. The loan applicant need to provide all the relevant documents of his company to

the lender for verification.

2. The loan applicant will receive related forms from lender to fill and loan applicant

need to fill the correct and true information as requested.

3. The loan applicant need to take all the necessary permissions from the authority to

receive the loan from lender through bank draft. If the loan applicant fails to do

so, the lender will not be responsible for loss of their money.

4. 500 thousand Euro/USD bank guarantee is the upfront amount which loan

applicant need to pay before starting of the procedure.

5. Tenure of the loan is 5 years.

6. The lender will hold 49% stake in the loan applicant`s company for 5 years.

7. The Rate of Interest is 8% and loan applicant has to pay first year interest in

advance as mentioned above.

8. The lender will not held any mortgage from loan applicant.

9. If the loan applicant will not be able to repay the monthly installment for

consecutive 3 months, the penalty charges will be levied and still if the loan

applicant will not pay installments, the lender will take over the company paying

damage charges as applicable.

10. After successful completion of 5 years and complete repayment of loan, the lender

will take back his stake from the company.

SAMPLE OF BANK DRAFT



DATE XX XXX 2016

Client Information SheetEnter Information Here

LOAN BASE ON BANK DRAFT REPAYMENT BY PROGRESS

OF THE PROJECT BY PERIOD AGREED BY BOTH PARTY

Comments /

Special

Instructions

Customer InfoCustomer Name

Street Address

City, State, Zip

Business Phone

Street Address

City, State, Zip

Primary customer contact

Office Phone

Email Address(s)

Cell Phone(s)

Contract Name/No.

Project Contact

Phone

Email Address

Payment Terms

Special Terms

Preferred Billing Method

Preferred Payment Method

Services Notes

FOR AND ON BEHALF OF THE LOANAPPLICANT

________________ _________

Signature and Stamp/Seal

Name:

Designation:

Passport #:

Nationality:

Issue date:

Expiry date:

BDA International Passport (Attached as Appendix A)

New customer ID



DATE XX XXX 2016

FOR AND ON BEHALF OF THE LOAN LENDER

______ __________ _________


Name: SIR DR IR FEROZ BIN MUSA

Designation: LOAN LENDER ISSUER

Passport #: A 25895236

Nationality: MALAYSIAN

Issue date: 21 JANUARY 2012

Expiry date: 23 JUNE 2017

BDP International Passport (Attached as Appendix B)

The Lessor and Lessee agree to the following banking co-ordinates pertaining to the

agreement herein above stated:

LOAN LENDER BANKING CO-ORDINATES TO ISSUE BANK DRAFT/BANK

CHEQUE VIA SWIFT MT110 AND RECEIVE 3% UNDERTAKING AFTER

APPLICANT VERIFIED AND CERTIFIED BANK DRAFT SOFT COPY

Bank Name BANCO DE ORO

Bank Address UNITS 1-6 TPE BUILDING GOV CUENCO MANILA

Account Name PHILNIG HOLDING CORPORATION

Account Number USD 104930074471

IBAN Number TBA

SWIFT CODE BNORPHMM

Bank Officer JOCELYN ANDREA G SANTOLALA

LOAN APPLICANT BANKING CO-ORDINATES TO RECEIVE BANK

TRANSMISSION MT110

Bank Name

Bank Address

Account Name

Account Number

IBAN Number

SWIFT CODE

Bank Officer



DATE XX XXX 2016

LOAN LENDER RESERVES THE RIGHT TO USE ANY BANK ACCOUNT TO

RECEIVE BANK TRANSMISSION/ADMINISTRATIVE FEES OR LEASE FEES

TO SMOOTHEN TRANSACTION OPERATION (IT’S OUR BANK

REGULATIONS AND PROCEDURE).LOAN LENDER AND LOAN APPLICANT

RESERVES THE RIGHT TO CHANGE THE BANK COORDINATES STATED

HEREIN AT ANYTIME BY PROVIDING WRITTEN REQUEST TO THE

UNDERSIGNED.

LOAN LENDER CO-ORDINATES TO RECEIVE 2% INVOICE PRICE AFTER

FINAL CONFIRMATION HARD COPY RECEIVE BYAPPLICANT BANK

----------------------------DOCUMENT END------------------------------------

Bank Name BANCO DE ORO

Bank Address UNITS 1-6 TPE BUILDING GOV CUENCO MANILA

Account Name PHILNIG HOLDING CORPORATION

Account Number USD 104930074471

IBAN Number TBA

SWIFT CODE BNORPHMM

Bank Officer JOCELYN ANDREA G SANTOLALA



DATE XX XXX 2016

APPENDIX A:

LOAN APPLICANT INTERNATIONAL PASSPORT



DATE XX XXX 2016

APPENDIX B:

LOAN LENDER INTERNATIONAL PASSPORT



DATE XX XXX 2016

DRAFT

SWIFT MT 110

(ON THE BANK LETTERHEAD)

SENDER:

BANK: BANK OF XXXXX

Registered Office in HONG KONG, CHINA

Tel: +XX-(0)XXXXXXXXXXX

Fax: +XX (0)XXXXXXXX

SWIFT Code: XXXXXX

RECEIVER:

BANK NAME: XXXXXXXXXXXX

BANK ADDRESS: XXXXXXXXXXXXXXXXXX

SWIFT Code: XXXXXXXXXXXXX

ACCOUNT NAME: XXXXXXXXXXXXXXXXX

ACCOUNT NUMBER: XXXXXXXXXXXXX

Bank officer name: XXXXXXXXXXXX

Bank Tel: XXXXXXXXXXXXX

Bank Draft No : xxxxxxxxx

Name Issuing Bank: …...

Currency: Euro

Amount:

Issued at:

Issuing Date: DD / September/ 2015

We HEREBY CONFIRM OUR BANK DRAFT NUMBER …………. AS FOLLOWS:

FOR VALUE RECEIVED BY US, WE BANK OF COMMUNICATIONS LIMITED, LOCATED AT 20 PEDDER

STREET, CENTRAL, HONG KONG, WITH FULL BANK RESPONSIBILITIES HEREBY CONFIRM THE

ISSUANCE OF OUR IRREVOCABLY. UNCONDITIONAL, ENDORSABLE AND ASSIGNABLE BANK DRAFT

NUMBERS…………... BY THE ORDER OF OUR CLIENT SINO FAOUR HOLDINGS LIMITED COMPANY

AND THAT THIS BANK DRAFT WILL BE ENDORSED TO BENEFICIARY SINO FAOUR HOLDINGS

LIMITED COMPANY WITH ACCOUNT NUMBER 02753293141731 OF THE BANK OF COMMUNICATIONS

LIMITED LOCATED AT 20 PEDDER STREET, CENTRAL, HONG KONG BANK.

SIN FAOUR HOLDINGS LIMITED COMPANY WILL BE THE NEW AND ONLY BENEFICIARY OF THIS

DRAFT.

WE ALSO CONFIRM THAT THE ASSET/FUNDS ARE CLEAN CLEARED CASH FUND DERIVED FROM

LEGITIMATE BUSINESS TRANSACTION OF NON CRIMINAL ORIGIN. THESE INSTRUMENTS VALID FOR

ONE YEAR AND ONE DAY.

WE PROMISE TO PAY WITHOUT PROTEST OR NOTIFICATION AGAINST THIS BANK DRAFT ENDORSED

TO SIN FAOUR HOLDINGS LIMITED WITH NEW MATURITY DATED OCTOBER X, 2015., THE SUM

OF …………………………………………………EURO ONLY (€000.000.000,00) IN THE LAWFUL CURRENCY

OF THE EUROPEAN UNION UPON PRESENTATION TO US OF THE ORIGINAL OF THIS BANK DRAFT AT

OUR COUNTERS.

SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF, FREE AND CLEAR OF ANY DEDUCTIONS, OR

CHARGES, FEES, OR WITHHOLDING OF ANY NATURE, NOW OR HEREINAFTER IMPOSED, LEVIED,

COLLECTED, WITH-HELD OR ASSESSED BY THE GOVERNMENT OF UNITED KINGDOM OR ANY

POLITICAL SUBDIVISION



DATE XX XXX 2016

FEE PROTECTION AGREEMENT

Both Lessor and Lessee agree that the Lessor’s and Lessee's agents are entitled to 0.5% + X% of the

BG/SBLC Face Value as commission fees. These commission fees will be shared between the Lessor’s and

Lessee’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 Lessee to the agents and intermediaries listed

in this FPA by wire transfer simultaneously with the Lessee’s payment of X% of the face value of the

*BG/SBLC as selling fee to the Lessor for every tranche and/or transaction of the *BG/SBLC. 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 another signatory without specific permission of the

introduced signatory for the Investor.

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.

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 shall be respected and honored at all times, 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 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.

Both parties hereby agree that the agents and intermediaries referred to in this FPA shall be as follows:

TOTAL COMMISSION FEE OF 3% OF FACE VALUE IN EURO/USD PAID BY THE BDA TO

BE SHARED EQUALLYAS FOLLOW:

TOTALCOMMISSION OF 1% TO PROVIDER’S SIDE (CLOSED)

Bank Name STANDARD CHARTERED BANK HK

Bank Address KOWLOON HONG KONG

Account Name SYAREENA BINTI SHAHBUDIN

Account Number 57487970331

IBAN Number TBA

SWIFT CODE SCBLHKHHXXX

Bank Officer [email protected]



DATE XX XXX 2016

TOTALCOMMISSION OF 1% TO LOAN LENDER SIDE (CLOSED)

Bank Name

Bank Address

Account Name

Account Number

IBAN Number

SWIFT CODE

Bank Officer

TOTALCOMMISSION OF 1% TO LOANAPPLICANTAPPLICANT’S SIDE (OPEN)

Bank Name

Bank Address

Account Name MR GIRISH

Account Number

IBAN Number

SWIFT CODE

Bank Officer

This Fee Protection Agreement has been agreed and executed by the undersigned on this day 00/00/2015.

FOR AND ON BEHALF OF THE LOAN APPLICANT

________________ _________


Name:

Designation:

Passport #:

Nationality:

Issue date:

Expiry date:

Documents

BUSINESS LOAN CONTRACT MOU