MT103,SWIFT GPI AUTOMATIC,DIRECT WIRE
TRANSFER
PARTNERSHIP AGREEMENT ON INVESTMENT AND
FINANCIAL CO-OPERATION
Execution of the contract and signed agreement Reference by Sender and Receiver pardtiaetsed
6th of June, 2024.
This agreement entered between Party A, referred as the Sender and Party B, referred as the Receiver, both
parties agreed for business deal of MT103, SWIFT GPI AUTOMATIC, DIRECT CASH TRANSFER which is
made effectively on this date, 17th of March, 2024 binding between parties ,as detailed below:
PARTY A: “SENDER”:
COMPANY NAME GSM Corporation INC.
NAME OF SENDER SEUNG HWAN HONG
PASSPORT NUMBER M42149884
ISSUING COUNTRY REPUBLIC OF KOREA
DATE OF ISSUE 24-DEC-2019
DATE OF EXPIRY 24-DEC-2029
BANK NAME KEB HANA BANK KOREA
BANK ADDRESS GEOMDAN BRANCH,INCHEON
ACCOUNT NAME GSM Corporation INC.
SWIFT CODE KOEXKRSE
POSTAL CODE 22675
SECURED TELEPHONE +852 6321 4782
STREET ADDRESS 676, Wl ONDANG-DAERO,SEO-GU
(Sender Team referred to, as the Party A)
And
PARTY-B “RECEIVER”:
Business Name Global Aviation Holdings LLC
Company Address 33 Obtuse Rocks Road, Brookfield, CT06804 USA
Company Registration 87-1975723
Director Name Mr.Mohamed Hatheem
ID CITIZEN NUMBER OR Passport N553403
Date of issue 03-08-2015
Date of Expiration 03-08-2025
Place of issue Sri Lanka
5
Bank Name Choice Financial Group (Mercury Headquarters)
Bank address 4501 23rd Avenue S Fargo, ND 58104 USA
Transaction Type International Direct Wire
SWIFT Code CHFGUS44021
Account Number Multy currency 202388246808
Account Name Global Aviation Holdings LLC
IBAN/Account Number（EUR） TBA
Bank Officer Name Mrs. Caitlin
Bank Officer PHONE Phone/fax TBA
Bank Officer E-Mail help@mercury.com Address the mail to Caitlin
(Receiver Team – referred as Party B)
WHEREAS
Whereas the Parties hereto are desirous of entering into this Agreement for the purpose of
developing own investment projects contemplated herein for the mutual benefit only and
not for other purposes whatsoever.
Whereas both Parties hereto warrant that the currencies to be transacted, for making the
investments, are all good, clean and cleared funds of non-criminal origin, without any
traces of illegality or unlawfulness whatsoever.
Whereas each Party hereto declare that it is legally empowered, fully authorized to
execute and accept this agreement, as well as agrees to be bound by its terms and
conditions under the penalty and other consequences.
Whereas Investor through its fiduciary bank, where the final agreements will be lodged in
and assigned to, confirms and warrants that it has the financial capacity of USD funds and
USD funds to transact under this Agreement.
Whereas the Parties hereto with full corporate responsibility, under the penalty of perjury,
declare that they will upon the execution of this Agreement complete the transaction
contemplated herein, except on circumstances of force majeure and government sanctions,
if such appear. The parties hereto shall not be liable for any failure to perform under the
“force majeure” provisions of the ICC, Paris.
Whereas both Parties herein agree that each party has the full right to use and choose
whatever company more suitable to carry out this assignment, to successfully complete the
present transaction.
Procedure:
1) Sender agreed to transfer a Total Amount of $10,000,000.00(Ten Million US Dollar)to
the Receiver Bank Account as per agreed discussion.
2) Receiver Agreed to pay below beneficiaries as follows:
• 40% to Party A – Sender
• 50% to Party B – Receiver
• 10% to Party B Intermediaries/ Beneficiaries
3) Payout to above beneficiaries should be made within 72 hours after the receipt of the funds
in the receiver’s account.
4) Sender share should be sent individually to their provided BTC WALLETS according to
discussed ratio
Note: Failure of Receiver to disbursed as per above will have penalty consequences.
Likewise, if the sender fails to deliver due to regulatory issues that are not in accordance
with the rules of financial institutions between countries by violating the applicable system,
then the sender is subject to a penalty and the recipient cannot be prosecuted by institutions
or world international financial regulations. All penalties are borne by the sender.
5) Sender, MR SEUNG HWAN
is capacity as the funder of the $10,000,000.00 (Ten Million US Dollar) as a first trial
tranche to be sent receiver account indicated below to take effect upon the receiver
confirmation. The receiver has to submit the document issued by the KEB HANA BANK in the
DOA and will be submitted to the bank officer as soon as its provided in the DOA.
6. The Receiver has to attach the FUNDS RESERVE LETTER/DOCUMENT to the doa in order
.for the transaction to be authenticated and approved by the sending and governing banks.This is
essentials in order to avoid blocked funds and red flags during and after the transaction.
7)The procedures above should be carried out accordingly so there would be no issues when
sharing funds.
NON-SOLICITATION
Receiver hereby confirms and declares that Sender, its associates or representatives or any
person or persons on its behalf has / have never been solicited by any party, its shareholders
or associates or representatives in any way whatsoever that can be construed as a solicitation
for this transaction or for future transactions.
Any delay in or failure of performance by either party of their respective obligations under
this agreement shall constitute a breach hereunder and will give rise to claims for damages if,
and to the extent that such delays or failures in performance are not caused by events or
circumstance beyond the control of such party.
The term “Beyond the Control of Such Party” includes Act of War, Rebellion, Fire, and
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.
REPRESENTATIONS AND WARRANTIES
Organization It is duly organized, validly existing and in good standing under the law so fits
jurisdiction of formation with all requisite power and authority to enter into this Agreement,
to perform its obligations hereunder and to conduct the business of the Program and the
Subsidiaries.
Enforceability This Agreement constitutes the legal, valid and binding obligation of such
party enforceable in accordance with its terms.
Consents and Authority No consents or approvals are required from any
governmental authority or other Person for it to enter into this Agreement. All action on
the part of such party necessary for the authorization, execution and delivery of this
Agreement and the consummation of the transactions contemplated hereby by such party,
have been duly taken.
No Conflict. The execution and delivery of this Agreement by it and the consummation of the
transactions contemplated here by it do not conflict with or contravene the provisions of its
organizational documents or any agreement or instrument by which it or its properties or
assets are bound or any law, rule, regulation, order or decree to which it or its properties or
assets are subject.
Receiver. It has been afforded the opportunity to seek and rely upon the advice of its own
attorney, accountant or other professional advisor in connection with the execution of this
Agreement. The Parties shall do so in respect of each other and under this Agreement written
conditions.
Miscellaneous Notice(s)
The two authorized signatories will execute any modifications, amendments, addendums or
follow on contracts respectively. When signed and referenced to this Agreement, whether
received by mail or facsimile transmission as all and any facsimile or photocopies certified as
true copies of the originals by the Parties here to shall be considered as an original, both
legally binding and enforceable for the term of this Agreement.
Specific Performance; Other Rights
The Parties recognize that several of the rights granted under this Agreement are unique and,
accordingly, the Parties shall, in addition to such other remedies as may be available to
the mat law or inequity, have the right to enforce their rights under this Agreement by
actions for injunctive relief and specific performance.
Prior Agreements; Construction; Entire Agreement This Agreement, including the
Exhibits and other documents referred to here in (which form a part hereof), constitutes the
entire agreement of the Parties with respect to the subject matter hereof, and supersedes all
prior agreements and understandings between the masto such subject matter and all such prior
agreements and understandings are merged herein and shall not survive the execution and
delivery hereof. In the event of any conflict between the provisions of this Agreement and
those of any joint ventures agreement, the provisions of the applicable joint venture
agreement shall control.
Amendments
This Agreement may not be amended, altered or modified except (i)upon the unanimous by
instrument in writing and signed by each of Sender and Receiver.
Severability
If any provision of this Agreement shall be held or deemed by a final order of a competent
authority to be invalid, inoperative or unenforceable, such circumstance shall not have the
effect of rendering any other provision or provisions here in contained invalid, inoperative or
unenforceable, but this Agreement shall be construed as if such invalid, inoperative or
unenforceable provision had never been contained herein so as to give full force and effect to
the remaining such terms and provisions.
Counterparts
This Agreement may be executed in one or more counterparts, all of which shall be
considered one and the same agreement, and shall become effective when one or more such
counterparts have been signed by each of the Parties and delivered to each of the Parties.
Applicable Law; Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of the UK.
Waiver of Jury Trial The Parties here to here by irrevocably and unconditionally waive trial
by jury in any legal action or proceeding relating to this Agreement and for any counter
claim therein.
Arbitration
Every attempt shall be made to resolved is puts arising from unintended or inadvertent
violation of this contractual agreement as far as possible amicably. In the event
that adjudication is required local legal process shall be preceded with according to the
principal of the ICC as above indicated. Where judicial resolution is not there by achieved,
this matter
shall be settled by the ICC itself and the decision of which the Parties shall consider to
be final and binding. No State court of any nation shall have subject matter jurisdiction
over matters arising under this Agreement.
No Rights of Third Parties
This Agreement is made solely and specifically between and for the benefit of the parties here
to and their respective members, successors and assigns subject to the express provisions here
of relating to successors and assigns, and (ii) no other Person whatsoever shall have any
rights, interest, or claims here under or been titled to any benefits under or on account of this
Agreement as a third party beneficiary or otherwise.
Survival
The covenants contained in this Agreement which, by their terms, require performance after
the expiration or termination of this Agreement shall be enforceable not withstanding the
expiration or other termination of this Agreement.
Headings
Headings are included solely for convenience of reference and if there is any conflict between
headings and the text of this Agreement, the text shall control.
Currency
Any exchange of funds between Sender and Receiver shall be made in the same currency in
which Sender transferred the investment fund (Article III; Section3.0.5; (b)). In addition, all
calculations pursuant to this Agreement and any joint venture agreement shall be based on
ICC regulations.
provisions
Each Party shall bear all statutory tax obligations arising from its status as a tax obligator
under relevant laws and regulations. Each shall be individually and separately responsible for
any expenses arising from performing their Special duties.
SPECIAL NOTE
The recipient and the recipient bank cannot carry out transactions outside the system
applicable in the country receiving the funds transfer, such as sending money via Wire
Transfer MT 103 STP, FTP, Server to Server or other IT systems which are not in
accordance with this contract agreement, if a system occurs. delivery as above, the
recipient has the right to cancel the agreement and has the right to refuse receipt of
funds from the sender.
INVESTOR or “PARTY A” RECEIVER “ PARTY B”
Signature: Signature
INVESTORNAME SEUNG HWAN RECEIVER NAME: MR.Mohamed Hatheem
REPRESENTED SAME AS REPRESENTED BY Mr. Mohamed Hatheem
BY INVESTOR
PASSPORT NO. PASSPORT NO. N553403
M42149884
ID CITIZEN NO --
COUNTRY OF COUNTRY OF ISSUE Sri Lanka
REPUBLIC OF
ISSUE KOREA
DATE OF ISSUE 24-DEC-2019 DATE OF ISSUE 03-08-2015
DATE OF EXPIRY 24-DEC-2029 DATE OF EXPIRY 03-08-2025
DATE March DATE August 30, 2024
17,2024
“ACCEPTED AND AGREED WITHOUT CHANGE”
(Electronic signature is valid and accepted as hand signature)
1. EDT (Electronic document transmissions) shall be deemed
valid and enforceable in respect of any provisions of this Contract.
As applicable, this agreement shall be: Incorporate U.S.
Public Law 106-229, ‘‘Electronic Signatures in Global &
National Commerce Act’’ or such other applicable law conforming to
the UNCITRAL Model Law on Electronic Signatures (2001)
2. ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May
2000) adopted by the United Nations Centre for Trade
Facilitation and Electronic Business (UN/CEFACT).
3. EDT documents shall be subject to European Community Directive No.
95/46/EEC, as applicable. Either Party may request hard copy
of any document that has been previously transmitted by electronic
means provided however, that any such request shall in no
manner delay the parties from performing their respective
obligations and duties under EDT instruments.
Required message “The remitter is known to us. This is done with full
banking responsibility and we are satisfied as to the source of funds sent to
us.”
4. The Funds Reserve document/letter(FRDL)must be attached to
the DOA contract before the submission of the contract for
approval and authentication. without this document,the
transaction will be rejected by both
banking parties. This document shall be provided by the receiver
as regulated.
SENDER:
Signature & Company Stamp....................................
SENDER PASSPORT
SIGNATORY NAME: MR SEUNG
HWAN TITLE:SENDER/FUNDS
OWNER PASSPORT NUMBER:
M42149884 ISSUE DATE: 24-DEC-2019
EXPIRATION DATE: 24-DEC-2029
ISSUED AT: KOREA
SENDER CERTIFICATE
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RECEIVER PASSPORT COPY
Mr.Mohamed Hatheem
Receiver signature.................
Company name:
Represented by:
Position:
Nationality :
Passport :
ISSUE DATE :
EXPIRE DATE:
