Common use of SCOPE OF SERVICES TO BE PROVIDED Clause in Contracts

SCOPE OF SERVICES TO BE PROVIDED. (continued) 5. Company Administration Services shall include any or all of the following:  Handling and forwarding of any statutory mail  The issuance of invoices and statements to customers and ensuring their settlement  The opening and operating of corporate and/or trust bank accounts, the receipt and maintenance of bank statements & advices and the reconciliation of bank accounts  The entering into of correspondence and the maintenance of files. 6. Form-A-Co (Gibraltar) Limited provides Professional Trustee Services through its associate company, Form-A-Trust (Gibraltar) Limited, which is licensed and regulated under the Financial Services Act. 7. Consultancy/Advisory services are limited to general advice in respect of the Company or Trust acquired or to be acquired by the Applicant for Business. Neither Form-A-Co (Gibraltar) Limited, Form-A-Trust (Gibraltar) Limited nor any of their directors or staff cannot and will not provide any form of legal, taxation or accounting advice whatsoever and accordingly they will not accept any responsibility in respect thereof. Applicants for Business / Clients are strongly urged to seek independent professional advice before embarking on any action involving the use of a company or trust. Form-A-Co (Gibraltar) Limited reserves the right to request written confirmation that such independent professional advice has been sought and to receive copies of any documentation in respect of such independent professional advice given to the Applicant for Business / Client. 8. Opening of bank accounts: (a) In the case of a Trust or Settlement only the Trustees are permitted to act as authorised signatories. The Trustees shall, however, regularly report to the Settlor and/or Protector in respect of funds under their control. (b) In those cases where the clients act as directors and/or signatories to corporate bank accounts, Form-A-Co (Gibraltar) Limited reserves the right to request copy banks statements and advices. (c) In those cases where Form-A-Co (Gibraltar) Limited provides director services it must also provide and act as authorised signatories to all corporate accounts. Copy statements and advices shall be furnished to clients upon request.

SCOPE OF SERVICES TO BE PROVIDED. We hereby request Form-A-Co to provide the following services: Company Formation (continuedsee note 1) Nominee Shareholders (see note 2) Corporate Director (see note 3) Company Secretarial / Registered Office Address (see note 4) Company Administration (see note 5) Professional Trustees (see note 6) Consultancy/Advisory (see note 7) Opening of bank accounts (see note 8) Other: Please specify – (see also note 5) 1. Form-A-Co shall arrange for the incorporation of a Company including the creation and filing of all necessary documentation in respect thereof and the disbursement of all necessary filing fees, stamp duties and other charges as appropriate or Form-A-Co shall provide a readymade shelf company and structure it according to instructions received from the Applicant for Business / Client. Filing fees and stamp duties for standard incorporations are included in the cost of the Company per the Schedule of Charges annexed hereto. All filing fees, stamp duties and other charges for non-standard incorporations shall be charged separately at cost. 2. If so instructed, Form-A-Co is in a position to offer nominee shareholders and issue the Applicant for Business / Client with an original signed Nominee Shareholders Agreement in evidence thereof. The Nominee Shareholders Agreement shall clearly state the legal position of the nominee shareholder which shall include a waiver of all rights attaching to the shares held. Nominee shareholders shall be solely corporations licensed and regulated under the Financial Services Act. 3. If so instructed, Form-A-Co is in a position to offer corporate directors which shall be solely corporations licensed and regulated under the Financial Services Act. Applicants for Business / Clients are required to provide Form-A-Co with a signed Indemnity under which the corporate directors shall be indemnified against all claims and damages other than claims or damages arising out of the willful misconduct of the individuals authorized to represent the corporate directors. 4. Form-A-Co shall provide a company secretary, such being a corporation licensed and regulated under the Financial Services Act. The Company Secretary shall be responsible solely for the receiving of notices, the filing of all documents and returns with the Registrar of Companies and the maintenance of all statutory records (including minute books) and such other matters in accordance with the provisions of the Gibraltar Companies Act. 5. Company Administration Services shall include any or all of the following:  : a. Handling and forwarding of any statutory mail  mail b. The issuance of invoices and statements to customers and ensuring their settlement  settlement. c. The opening and operating of corporate and/or trust bank accounts, the receipt and maintenance of bank statements & advices and the reconciliation of bank accounts  accounts d. The entering into of correspondence and the maintenance of files. 6. Form-A-Co (Gibraltar) Limited provides Professional Trustee Services through its associate company, Form-A-Trust (Gibraltar) Limited, which is licensed and regulated under the Financial Services Act. 7. Consultancy/Advisory services are limited to general advice in respect of the Company or Trust acquired or to be acquired by the Applicant for Business. Neither Form-A-Co (Gibraltar) Limited, Form-A-Trust (Gibraltar) Limited nor any of their directors or staff cannot and will not provide any form of legal, taxation or accounting advice whatsoever and accordingly they will not accept any responsibility in respect thereof. Applicants for Business / Clients are strongly urged to seek independent professional advice before embarking on any action involving the use of a company or trust. Form-A-Co (Gibraltar) Limited reserves the right to request written confirmation that such independent professional advice has been sought and to receive copies of any documentation in respect of such independent professional advice given to the Applicant for Business / Client. 8. Opening of bank accounts: (a) a. In the case of a Trust or Settlement only the Trustees are permitted to act as authorised signatories. The Trustees shall, however, regularly report to the Settlor and/or Protector in respect of funds under their control. (b) b. In those cases where the clients act as directors and/or signatories to corporate bank accounts, Form-A-Co (Gibraltar) Limited reserves the right to request copy banks statements and advices. (c) c. In those cases where Form-A-Co (Gibraltar) Limited provides director services it must also provide and act as authorised signatories to all corporate accounts. Copy statements and advices shall be furnished to clients upon request.. Dated: .............. day of ...........................................20....... AND................................................................................................................................................... Of....................................................................................................................................................... (“the Client”)

SCOPE OF SERVICES TO BE PROVIDED. We hereby request Form-A-Co to provide the following services: Company Formation (continuedsee note 1) Nominee Shareholders (see note 2) Corporate Director (see note 3) Company Secretarial / Registered Office Address (see note 4) Company Administration (see note 5) Professional Trustees (see note 6) Consultancy/Advisory (see note 7) Opening of bank accounts (see note 8) Other: Please specify – (see also note 5) 1. Form-A-Co shall arrange for the incorporation of a Company including the creation and filing of all necessary documentation in respect thereof and the disbursement of all necessary filing fees, stamp duties and other charges as appropriate or Form-A-Co shall provide a readymade shelf company and structure according to instructions received from the Applicant for Business / Client. Filing fees and stamp duties for standard incorporations are included in the cost of the Company per the Schedule of Charges annexed hereto. All filing fees, stamp duties and other charges for non-standard incorporations shall be charged separately at cost. 2. If so instructed, Form-A-Co is in a position to offer nominee shareholders and issue the Applicant for Business / Client with an original signed Nominee Shareholders Agreement in evidence thereof. The Nominee Shareholders Agreement shall clearly state the legal position of the nominee shareholder which shall include a waiver of all rights attaching to the shares held. Nominee shareholders shall be solely corporations licensed and regulated under the Financial Services Act. 3. If so instructed, Form-A-Co is in a position to offer corporate directors which shall be solely corporations licensed and regulated under the Financial Services Act. Applicants for Business / Clients are required to provide Form-A-Co with a signed Indemnity under which the corporate directors shall be indemnified against all claims and damages other than claims or damages arising out of the willful misconduct of the individuals authorized to represent the corporate directors. 4. Form-A-Co shall provide a company secretary, such being a corporation licensed and regulated under the Financial Services Act. The Company Secretary shall be responsible solely for the receiving of notices, the filing of all documents and returns with the Registrar of Companies and the maintenance of all statutory records (including minute books) and such other matters in accordance with the provisions of the Gibraltar Companies Act. 5. Company Administration Services shall include any or all of the following:  : a. Handling and forwarding of any statutory mail  mail b. The issuance of invoices and statements to customers and ensuring their settlement  settlement. c. The opening and operating of corporate and/or trust bank accounts, the receipt and maintenance of bank statements & advices and the reconciliation of bank accounts  accounts d. The entering into of correspondence and the maintenance of files. 6. Form-A-Co (Gibraltar) Limited provides Professional Trustee Services through its associate company, Form-A-Trust (Gibraltar) Limited, which is licensed and regulated under the Financial Services Act. 7. Consultancy/Advisory services are limited to general advice in respect of the Company or Trust acquired or to be acquired by the Applicant for Business. Neither Form-A-Co (Gibraltar) Limited, Form-A-Trust (Gibraltar) Limited nor any of their directors or staff cannot and will not provide any form of legal, taxation or accounting advice whatsoever and accordingly they will not accept any responsibility in respect thereof. Applicants for Business / Clients are strongly urged to seek independent professional advice before embarking on any action involving the use of a company or trust. Form-A-Co (Gibraltar) Limited reserves the right to request written confirmation that such independent professional advice has been sought and to receive copies of any documentation in respect of such independent professional advice given to the Applicant for Business / Client. 8. Opening of bank accounts: (a) a. In the case of a Trust or Settlement only the Trustees are permitted to act as authorised signatories. The Trustees shall, however, regularly report to the Settlor and/or Protector in respect of funds under their control. (b) b. In those cases where the clients act as directors and/or signatories to corporate bank accounts, Form-A-Co (Gibraltar) Limited reserves the right to request copy copies of banks statements and advices. (c) c. In those cases where Form-A-Co (Gibraltar) Limited provides director services it must also provide and act as authorised signatories to all corporate accounts. Copy Copies of statements and advices shall be furnished to clients upon request.. Dated: .............. day of ...........................................20....... AND................................................................................................................................................... Of....................................................................................................................................................... (“the Client”)