Business BVI Declaration

BUSINESS BVI DECLARATION

Parties

Recitals

WHEREAS, the Declarant is a business entity duly incorporated and registered under the laws of the British Virgin Islands with registered number and its registered office at ;

WHEREAS, the Declarant wishes to declare and confirm certain business attributes, representations and obligations relating to its status, beneficial ownership and the provision of goods or services to the Counterparty as set forth in this Declaration;

WHEREAS, the Counterparty requires written assurances from the Declarant regarding jurisdictional status, compliance and the scope of services to be performed under the terms hereinafter agreed.

Declaration

The Declarant hereby declares and warrants to the Counterparty that the information provided in this Declaration is true, complete and accurate as of the date of signature. The Declarant further certifies that:

1. The Declarant is incorporated and maintains its constitutional and operational records in the British Virgin Islands and is subject to the laws and regulations of that jurisdiction.

2. The Declarant's current beneficial owners are identified as follows, and the Declarant will promptly notify the Counterparty in writing of any material change to such ownership:

Scope of Work

The Declarant shall perform, deliver or make available the goods and/or services described below to the Counterparty in accordance with the terms of this Declaration. The parties acknowledge that this Scope may be amended by written agreement.

Payment Terms

In consideration for the Scope of Work, the Counterparty shall pay the Declarant the fees and reimbursable expenses as follows. All amounts are payable in the currency specified in the applicable invoice.

Term and Termination

This Declaration commences on the Start Date set forth below and, unless earlier terminated in accordance with this section, shall continue until the End Date set forth below.

Start Date:     End Date:

Either party may terminate this Declaration for material breach by the other party where such breach is not cured within the stated notice period. Termination does not relieve either party of obligations incurred prior to the effective date of termination, including payment obligations.

Confidentiality

Each party shall keep confidential and shall not disclose to any third party any Confidential Information of the other party except as required by law, regulation or order of a competent authority. Confidential Information means non-public business, technical, financial and customer information disclosed by one party to the other, whether oral or written. The receiving party shall use Confidential Information solely to perform its obligations under this Declaration and shall take reasonable measures to protect such Confidential Information.

Representations and Warranties

The Declarant represents and warrants that it has full power and authority to enter into this Declaration, that the execution and performance of this Declaration will not violate any applicable law of the British Virgin Islands, and that no insolvency or similar proceedings are pending or threatened against it.

Governing Law

This Declaration shall be governed by and construed in accordance with the laws of the British Virgin Islands. The parties submit to the exclusive jurisdiction of the courts of the British Virgin Islands for any dispute arising out of or in connection with this Declaration.

Entire Agreement

This Declaration, together with any schedules or written amendments agreed by the parties, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior discussions, proposals and agreements, whether oral or written.

Additional Acknowledgements

The Declarant acknowledges that it will promptly provide any reasonably requested documentary evidence of corporate status, registration, or ownership to the Counterparty to verify the representations contained in this Declaration.

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