Contract No: USD IQD 000151

SALES AND PURCAHSE AGREEMENT FOR NEW IRAQI

DINARS (NIQD) in SEALED BOXES Central Bank of
Iraq

THIS AGREEMENT IS PRIVAE CURRENCY EXCHANGE OF NEW IRAQI DINARS (NIQD)

IN SEALED BOXES CENTRAL BANK OF IRAQ WITH THE UNITED STATES DOLLARS
AND THIS AGREEMENT MADE AND ENTERED INTO ON DAY OF 12/03/2017 BY THE
FOLLOWING:

BUYER

xxxxxxxxxxxxxxx Herein after referred to as Buyer

Company Name:
Herein represented by:
Company Address:
Tel:
E-mail:

AND

PROVIDER

Shawn Syed as hereinafter referred to as Provider

The NIQD Provider and the Buyer hereinafter shall be jointly referred to as the Parties" and
separately referred to as the Party.

RECITALS
WHEREAS the Buyer and NIQD Provider under full corporate authority, respectively, represent that the
NIQD Provider has the full capability to sell the currency in quantity and conditions as hereunder
specified and the Buyer has the full capacity to purchase the said currency;

WHEREAS the parties mutually accept that this Agreement shall be governed by the General Terms and
Definitions as set out by ICC (International Chamber of Commerce) with the latest amendments duly
incorporated, with the terminology fully understood:

TERMS USED IN CONTRACT:

The following terms are used and the meanings, terms, or explanations provided shall mean the same as
the terms. Wherever the terms are not explained, it is deemed that they are used in the perfect sense of
Mercantile Business Transactions and shall mean the same.

1. IQD(s) means New Iraqi Dinars issued by the Central Bank of Iraq since 2003 to 2008 IN
SEALED BOXES.
2. M means Million(s).
3. B means Billion(s).
4. T means Trillion(s).
Contract No: USD IQD 000151

5. Max. means Maximum and Min. means Minimum.

6. M C Manager Cheque
7. TT means a transfer of funds from bank buyer to bank seller on cash basis or manager cheque.

COVENANT
NOW, THEREFORE, in consideration of the undertakings of the Parties herein contained, the NIQD
Provider and the Buyer agree as follows:

CLAUSE 1: PRODUCT
Name of Currency: New Iraqi Dinars (NIQD) 2003-2008 in SEALED BOXES.
Country of Origin: CENTRAL BANK OF IRAQ
Country of Availability:

Point of Exchange/Transaction: Anywhere the IQD are, mainly at private warehouse and can be delivered
to any reputed bank nominated by the IQD Provider and accepted by the buyer.

TRASACTION PROCEDURES:

The buyers procedure is quite simple. Buyer will present his local bank proof of fund and
seller or seller mandate can accompany buyer mandate to the bank to verify himself the
POF Seller to show buyer the list of the first 50 boxes to be verified and when POF and
POP verification is done buyer will issue a manager cheque or Swift with the presence of
the seller at the bank and after every two days seller will do the same for the second
order of 50 boxes with rolls and extension until exhausted.

1. IQD Provider will place the IQD into an Security Company provided by the IQD Provider.
2. IQD Provider signs the contract along with IQD Providers CIS and copy of this Passport.
3. IQD Provider will issue all the necessary documents as per below:

1. Registered title. TO BE ANNOUNCED AT THE TTM. ALL THE

BELOW REQUESTED ITEMS WILL BE GIVEN SIMULTEANOUSLY
AGAINST PROOF OF FUNDS, ONCE THE IQD'S ARE VERIFIED AND
AUTHENTICATED AS PER BUYERS SATISFACTION, FUNDS WILL BE
RELEASED AND THE GOODS WILL HANDED OVER AGAINST
CERTIFED MANAGER'S CHEQUE .
2. Free circulation. TBA
3. Custom clearance. TBA
4. Bank receipt of deposit. TBA
5. Confirmation receipt. TBA
6. Invoice. TBA
7. Insurance. TBA
8. Tax payment documents. TBA
9. Free circulation documents. TBA
10. History of funds. TBA
11. Profit documents. TBA
12. Proof of clean funds. TBA
13. Bank count statement. TBA
14- seller's CIS. TBA
15- seller's passport copy. TBA
Contract No: USD IQD 000151

16- export authorization. TBA

17- authorization to sell. TBA
18- Pin code. TBA
19- bar code. TBA
20- transaction code. TBA
21- Bank CODE. TBA

Upon successful verification of the above mentioned documents, IQD Provider will give the IQD's to
Buyer subject to full payment. The buyer is not in any moment owner of the goods before payment of
the entire operation per tranche has been executed. The purpose of the assignment is to facilitate
Buyers payment by wire transfer to an account designated by IQD Provider (CLAUSE 6: BANKING
INFORMATION)

4. In the event no payment is made within that period, the boxes shall remain the property of
IQD Provider and shall be returned to the IQD Provider.
5. In the event payment is made, the assignment shall become permanent and ownership of
the IQD shall vest in USD Provider without any further claim by IQD Provider.
6. Commissions will be paid same time.

CLAUSE 2: DELIVERY PERIOD AND QUANTITY

Delivery Period: As per the Buyer and Seller Agreed

Quantity: The total quantity of the currency is 300 Boxes with rolls and extensions till exhausted
SEALED BOXES NIQDs with the option to be delivered in accordance to define tranches between the
NIQD Provider and the Buyer Provider.

First Tranche will be MINIMUM 50 BOXES IF BUYER HAS ENOUGH FUNDS CAN TAKE UPTO
100 BOXES NIQD at the agreed place in at the following location.

Tranches to be delivered according to agreement between the buyer and NIQD provider and at bank
working days and time.

CLAUSE 3: CONDITIONS APPLIED

The denomination of the NIQD'S should not be below 25,000 NIQD'S.
The physical condition of the currency notes should be not dirty and deteriorated.
Worn off and torn currency notes may be rejected by the Buyer.
The printing year of the currency notes should not be older than 2008 and not younger than 2003.

CLAUSE 4: BASE PRICE

The agreed price is US$xxxxxxxxxxxxx per One Million Iraq Dinar to the Seller NET. The price
above is includes all the taxes and duties.
Commissions: xxxxxxxxxxxxxxxxxxxxxxxxxxxx
Plus US$ xxxxxxxxxxxxxper one million Iraq Dinar to be paid directly from to USD provider
starting from (1).

The agreed price per ONE BILLION NIQD is xxxxxxxxxxxxxxxx (xxxxxxxxx MILLION USD -
Contract No: USD IQD 000151

United State Dollars) including all seller side commissions.

CLAUSE 5: PAYMENT INSTRUMENT

The Buyer or his Representative shall advise their Bank to make the payment to the NIQD provider via
bank Swift TT and payment shall be sent to the following bank account nominated by the Seller. The
Seller may nominate multiple bank accounts to receive the payment for the sales of the NIQD'S.

CLAUSE 6: BANKING INFORMATION

NIQD PROVIDER'S BANK DETAILS.

BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT
NUMBER
SWIFT CODE
IBAN NO.
BANK OFFICER
BANK
TELEPHONE/FAX

BUYER PROVIDERS BANKING COORDINATES.

ACCOUNT NAME TBA

BANK NAME
BANK ADDRESS
ACCOUNT NUMBER
SWIFT CODE
BANK
TELEPHONE/FAX

CLAUSE 7: CONFIDENTIALITY
The parties agree that the terms of the agreement shall remain confidential between the parties and that
neither party shall disclose any terms of the contract or any amendments thereto to any third party or
related corporation unless such disclosure is required by law or unless prior written approval has been
obtained from the other party. These legal obligations shall remain in effect all times, including after any
Contract No: USD IQD 000151

and all transactions occur for a period of minimum 5 years.

CLAUSE 8: ENTIRE AGREEMENT

This agreement contains the entire agreement between the NIQD Provider and the Buyer in relation to the
sales and purchase of NIQDs and supersedes all prior negotiation, understandings, and agreements
whether written or oral in relation to the Agreement. If there should be any dispute in the execution of this
contract, the settlement must be solved against the English.

Furthermore, the NIQD Provider hereby warrant sand represents that they have available NIQDS for sale,
that are clean, clear assets, free of any levy, liens or encumbrances, of non-criminal and non-terrorist
origin. NIQD Provider understands that only be allowed one opportunity to register and will not be able
to bring an additional NEW IQD'S at a later date that is not registered herein. NIQD Provider hereby
warrants and represent that the Rule of Full-disclosure has been established that these funds were legally
obtained from non-criminal business or actions.

NIQD Provider confirms and acknowledges, with full responsibility, that neither sellers company nor
anyone Working on his behalf has solicited buyer, that the documents that the Buyer shall receive shall
not be deemed to be, a solicitation of funds in connection with the sale, and, that NIQD Provider is
approaching Buyer voluntarily for the purpose of selling his New 25.000 NIQD bank notes (2003-2008).

Buyer warrants and acknowledges that they have the funding to make the purchase available and that
such funds are legal, clear, of non-criminal nor terrorist origin.

E-mail, facsimile copies or photocopies of documents or agreements pertaining to this subject are
declared and regarded as valid and equal to the original, provided they are represented by proper
signatories. Originals may be obtained upon request.

CLAUSE 9: APPLICABLE LAW

This Agreement will be interpreted in accordance with Dubai Laws. The NIQD Provider and Buyer shall
strictly comply with all procedures, rules, regulations, by-laws and orders imposed by the local/relevant
authorities and departments with the best regard to this contract.

CLAUSE 10: AMENDMENT OF THE AGREEMENT

Any amendment or modification to this agreement shall be made in writing and subject to conflation by
the contracting parties and be considered as an integral part of this Agreement.

i. This Contract is in English language.

ii. In witness where this contract is made in duplicate on the date on 12th day of March 2017 and the duly
authorize representative of the NIQD Provider and the Buyer having signed on this day.
Contract No: USD IQD 000151

CLAUSE 11: PENALTY:

Seller and buyer agreed to paid One Million Dirhams (AED) Penalty if the seller not provides the
materials of the 50 boxes as per the agreed in this agreement and the buyer he will paid One Million
Dirhams (AED) Penalty if not transfer the money to the seller.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed and duly
executed by authorized representatives and have thereby understood, agreed and accepted the terms and
conditions so stated herein as of the day, month and year first above written.

NIQD PROVIDER

Name: Mr. Shawn Syed

Passport:
Country of issue:
Date of Issue:
Date of expiry:
Date:

NIQD BUYER INT. MANAGER

Name:
Passport :
Country of issue:
Date of Issue:
Date of expiry:
Dated:
Contract No: USD IQD 000151