1. This sub-fee protection agreement (“SFPA”) is in respect to the Transaction Reference and or Beneficiaries Stated below and covers all rolls and extensions that are acceptable and contracted by and between Oink Services, a Limited Liability Company duly incorporated under the laws of Delaware, United States of America, filing number 7331529, domiciled at 8 The Green, Suite 8136, Kent County, Dover, DE 19901, U. S., (hereafter referred to as “the Paymaster”); and The Beneficiary.

 

2. Initial transaction refers to the request made by the Beneficiary of hiring the Paymaster as a Professional Services Provider (the “Services”) to act as in intermediary to receive Beneficiary’s FIAT and purchase Crypto Currency. 

 

3. Payments shall be made by electronic transfer of funds (to the account provided upon registration), electronic wallet or any other similar to these previously agreed upon by the Parties. 

 

4. The Beneficiaries hereby estate that due to the nature of the Transaction Agreement, they covenant and agree that purchase of Crypto Asset will be calculated on the bases of the quotation price of the required crypto asse provided by the exchange at the time  of each purchase.

 

5. The entitlement under this SFPA covers the initial transaction described above, as well as any other future business transactions entered into by the Beneficiaries where the Paymaster is named as the relevant Paymaster on the relevant contractual documentation (together, “the Transactions”), and/or on any master fee protection agreements (“Fee Agreements”), including all extensions and rollovers (unless either of the Parties indicate to each other that on a particular Transaction that this particular SFPA shall not apply). 

 

The Beneficiary shall make all reasonable endeavors to obtain copies of such documentation for the benefit of the Paymaster. 

 

6. Upon favorable compliance check on the documentation provided by the Beneficiary, the Services will be rendered by the Paymaster without protest, significant delay or deductions, other than standard bank charges and a Paymaster Fee of 4% (Four per cent), subject to a minimum fee of $500 (five hundred US dollars) or its equivalent depending on the currency in question, per tranche of incoming funds.

 

7. The Parties herewith irrevocably agree that they do not assume any responsibility for the Transactions and cannot be held liable for any reason associated with it. 

 

8. The Beneficiary warrants and confirms that the source of wealth description for the Beneficiary(s) Paymaster is acting on behalf of shall belong to their salary income, professional, commercial and any other lawful activities as reported in the KYC form duly filled out and submitted at the moment of registration.

 

The Beneficiary hereby further confirms that prior to engaging in any intermediation they certify their funds are good, clean, clear, of non-criminal origin, free of any liens or encumbrances, and were legally earned

 

10. Nothing in this SFPA shall be construed as creating any form of partnership or employee/employer relationship between the Parties. 

 

11. This SFPA shall be valid, legally binding and enforceable even if any of the specific details of the Transactions, or the relevant transaction codes are changed by the banks, any third parties involved, and/or by any of the Parties at any point during the Transactions. However, the Parties shall be entitled to change their bank details at any time upon reasonable notice in writing to the Paymaster. 

 

12. All disputes arising regarding this SFPA shall be resolved by binding arbitration in Delaware, USA.

 

13. The Parties agree that they shall not, for a period of seven (7) years from the date of this SFPA, attempt, directly or indirectly, neither circumvent nor to contact the others’ business and professional sources or contacts (including but not limited to banks, investors, sources of funds, mandates, beneficiaries and other intermediaries, etc.) (“Business Sources”) or negotiate with another Party’s Business Sources or make use of any confidential or private information of any of the others, except through the relevant other Party, or with the express written consent of the other Party as to each such contact. 

 

For the avoidance of doubt, this means that neither the Parties nor the Beneficiaries shall contact, deal with or enter into business transactions with any Business Source that is Party to this SFPA or it’s been provided by the other Parties to this SFPA unless written permission has been obtained from the other relevant Party disclosing the same. The restrictions stated above shall not apply when one Party had a previous active business relationship with the relevant other Party’s Business Source, or where a Party learns of another Party’s Business Source by a wholly independent third party in good faith at some point in the future. 

 

14. The Parties agree not to disclose any of each other’s Confidential Information to anyone else, unless specifically authorized in writing by the relevant other Party. For the purposes of this SFPA, “Confidential Information” shall mean any kind of clearly private, sensitive or confidential information including (without limitation), unofficial or highly personal information relating to any of the Parties, and information of whatever nature regarding the business arrangements of any of the Parties themselves or their employees, clients and associates, including business workings, plans, fee agreements, contracts, and/or literary works such as manuscripts, screenplays, treatments and synopses. 

The requirements of this SFPA as regards to Confidential Information shall not apply to any information which has been 1) requested by court order; 2) legally put into the public domain; or 3) when the relevant Party legitimately learns of the Confidential Information in question by a wholly independent third party in good faith at some point in the future. 

 

15. The Contracts (Rights of Third Parties) Act 1999 shall not apply to this SFPA. 

 

16. The Beneficiaries agree to absolve the Paymaster of any legal, contractual or other liability in the event of third parties requesting that the Paymaster pay them in respect of the Transactions, in a case where the relevant Beneficiaries did not inform the Paymaster of any such third parties being entitled to Payments from funds received by the Paymaster. 

 

17. In the event a Beneficiary requires services of the Paymaster in respect of the Transactions (i.e., assistance with setting up trust accounts, creation of corporate vehicles, legal/contractual advice, or general financial or business consultancy), these shall be dealt with by way of separate agreements to be negotiated and signed separately between the Paymaster and the relevant Beneficiary. 

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