Wednesday, 24 July 2013

Email Number 3

Dear Partner,
 
Find attached memorandum of understanding. It is a simple agreement which defines what you and I are getting from this transaction so we don't get into any disagreements in future. Your share is 15%. I suggest you sign it with a pen and scan and send back to me by email. Please do this as soon as possible, so we can proceed. If you we not be able to travel to London at this time, the security company can deliver the consignment to you in your country.
 
Thank you for all your support. I had expected you to send me your phone number in your email. As am talking about my entire life savings here, so understand why I insist. I look forward to a positive response from you and any inconvenience this is causing you is highly regretted and will be duly compensated.
 
Regards,
John.

________________________________________________________________

Attached file
________________________________________________________________

CONTRACT AGREEMENT AND TRUST DEED
(Confidential)

This Contract Agreement and Deed of Trust are entered into this 24th day of July, 2013 between:

Korang John called “GRANTOR”,

Citizen of ZIMBABWE

Resident at Chipinge farms, Harare, Zimbabwe.
And
McLovin called “TRUSTEE”, Citizen of AMERICA.
Resident at 892 MOMONA ST. HONOLULU, HI 96820 USA.
WHEREAS:   

  1. The Grantor is beneficiary of a fund with total value of US$18,500,000.00 (Eighteen Million, Five hundred thousand United States Dollars) only which comes from approved legal source.
  1. The Grantor is entitled to assist transfer the aforesaid fund to the Trustee, and wishes the fund be registered in the name of the Trustee, who will receive an agreed remuneration, to be held herein provided and the Trustee has agreed to do so.

NOW THIS INSTRUMENT WITNESS AS FOLLOWS:

1.
The Grantor hereby declares and directs that the Trustee shall hold the said   fund upon trust as follows:
  1. According to the instruction of the Trustee, the Grantor shall transfer the aforesaid US$18.5Million to the Trustee, who will deposit to his appointed bank account(s) in USA or elsewhere. The Trustee shall provide the Grantor is bank Account and after the aforesaid fund has been transferred and banked in the Trustee’s account(s). The Trustee must invest 80% of the aforesaid funds accordingly after deducting costs or expenses concerned. The Trustee will advise the Grantor a business plan for investment he prefers after the transfer is completed.
  1. The Trustee has been apportioned by the Grantor to pay 15% of the aforesaid funds, as agreed remuneration, into the Trustee’s personal accounts.
  1. 5% of the total Fund will be set aside to offset all the expenses that will be incurred by both parties, i.e. costs of telephone calls, faxes, documentation, bank charges, and e.t.c.
  1. The aforesaid investment will take place in the name of the Trustee and on behalf of the Grantor.
  1. The earnings, interests, dividends or equal income have to be paid to the Grantor by the Trustee after the normal project operation/management costs and the relating taxes have been deducted. The net profit will be shared by 80% in favour of the Grantor and 15% to the Trustee. Trustee will not charge any additional fees.
  1. Net profit should be declared every fiscal year. Where possible, the Grantor is to attend, exercise all available rights and vote at any General Meeting of companies, which are representing part of the aforesaid investment, in accordance with the direction of the Trustee.
  1. The Trustee should supply the Grantor regularly the operation of the investment every three months, including financial report as well as balance sheet of the project company account(s).



2.
(a)       This Contract Agreement and Trust Deed enter into effect immediately     
           upon the signature of both parties.
  1. This Contract Agreement is limited in time, but the minimum period of time is 3 months, beginning from when this instrument enters into effect.
  1. This instrument is unchangeable from now on. The aforesaid paragraph can be changed when both parties conclude to do so in written form.
  1. In case of differences, the parties agreed to find a final solution through arbitration in an International Arbitration Committee according to its rules. The result of arbitration is final and binding to both parties
  1. This instrument shall come to an end when the first period of 3   months counting from the beginning of this business is finished.
        
3.
(a)       This instrument runs for another 3 months, if the Grantor wishes at
           the end of the first 3 months.
  1. This Trust shall not come to an end for any other reason whatsoever and must conform to the terms contained herein.
  1. There are no other separate instruments entered into by both the parties, which have not been written.
  1. The proper law of this instrument is assumed to be in accordance with all recognized international statutes.



AGREED, SIGNED AND DATED:                                         AGREED, SIGNED AND DATED:



  KORANG JOHN                                                                  MCLOVIN

No comments:

Post a Comment