Bit Coin Buy and Sell Agreement

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BUY & SELL AGREEMENT

The present agreement is to set the procedure for a private buy and sell of cryptocurrency known as Bitcoin.

Whereas, the Seller hereby confirms that he has one or more wallets of Bitcoins he agrees to sell to the buyer,
whereas the Buyer hereby confirms he is in financial and legal capacity to buy the Bitcoins of the Seller.

Date:

Seller Primary Contact


Tel Number:
Email:

Buyer Primary Contact


Company
Address
Tel: Number
Wallet Address:

Commodity Bitcoin
Quantity 40,000 with rolls and extensions available
Net Discount to Buyer -7%
Market Price The Seller agrees to sell the Bitcoins to the Buyer at:
Market value, Market Value is calculated by the Seller as the average
Bitcoin value the day of prior to the transaction as showed in Blockchain
dot com
1st Test Tranche 1 btc |2nd Tranche 50 btc | 3rd Tranche 1000 btc | 4th Tranche tbd
(upwards of $49M USD)
Process: PROCEDURE
Upon execution of the present Agreement by the Buyer and Seller, the
Buyer will sign and return to seller within 1(One) bank working day,
confirm to the Seller his readiness to proceed.

After Seller and Buyer agreed on the Procedure and Terms/Conditions,


Seller immediately send a draft SPA, and in 24hrs Buyer fill/sign and return
the SPA & Wallet address to Seller and in 12hrs Seller fill/sign then send it
in PDF back to Buyer

TRANSACTION
1. First 1 BTC Transaction Test
2. For Security the Seller will be remote (in contact with the mining).
3. According to tranche Schedule. Buyer immediately makes
Payments by T/T Wire transfer to Seller’s nominated bank
account and immediately send the slip by email via Seller
mandate and Seller, on confirmed of receipt of the Payment by
seller, immediately transfer the agreed amount to Buyer's wallet
(EXPRESS SWIFT AT BUYER’S COST - FUNDS MUST BE
CREDITED TO SELLER’S ACCOUNT TO RELEASE BITCOINS TO
BUYER’S WALLET)
4. After six (6) confirmations on the blockchain (via
blockchain.com), the BTC transaction will be deemed completed
and all funds for transaction duly earned and to be then fully
released to the counterparty
5. Seller pays commission to all involved parties, and move to the
next tranche and Pay
6. The transaction will be repeated for every daily tranche until
contract is completed.

PERFORMANCE
1. Penalty Charge of £1,000,000, if: Buyer cancels or does not
commit to the first tranche from buyers bank to the Sellers
Bank.
2. The Buyer is liable and is agreed to pay £1,000,000 to the
seller’s bank with immediate effect. On the Seller Side,
£1,000,000 penalty will come into effect if funds have confirmed
arrived by copy of live statement of sellers account, and BTCs
are not sent within 72 hours of receipt confirmation of funds in
the above account. Seller pays no penalty if funds are delayed.
3. Second Tranche and Beyond If Buyer fails to effectuate the
delivery of funds provided for in each tranche, the entire
transaction is cancelled, instant contract is rendered null and
penalty performance charge applies of £1,000,000.
4. If Seller fails to effectuate the delivery of the Bitcoins provided
for in each tranche, the entire transaction is cancelled, and the
instant contract is rendered null. Seller will immediately return
Buyer’s monies as it then retains to Buyer’s designated bank
account. Seller will be deemed to have failed to effectuate
delivery of the Bitcoins if the coins are not sent to Buyer’s
wallet within 72 hours of receipt confirmation of funds in the
above account, and penalty performance charge of £1,000,000
applies.

TAXES AND INSTITUTIONAL COSTS:


Both Parties hereto individually and separately accept liability of taxes,
imposts, levies, duties or charges that may be applicable in the execution
of their respective roles in this transaction.

ARTICLE 5. TERM
The present Agreement is valid from the date of execution by both parties
until the last tranche of the buy and sell as stated herein.

ARTICLE 6. JURISDICTION
The present agreement is placed under the laws of the United Kingdom.
Its biding laws are from the Seller’s location.

ARTICLE 7. MICELLANEOUS

NON-DISCLOSURE
Buyer, Seller and all parties agree to preserve the confidentiality of all
proprietary and confidential information obtained in the course of this
transaction pertaining to the Seller, Buyer and Consultants and any of
their projects. Buyer agrees to keep confidential the identity of all the
Seller signatories and all contacts provided by any Seller signatories.

NON-CIRCUMVENTION
1. Each party agrees that they will not make any contact with, deal with,
contract with or be involved with any individuals, introduced by the other Signatory
or Consultants, without specific permission from the party that introduced them to
that Party.

2. Each Signatory agrees to keep confidential the identity of and all contacts
so provided by any other signatories or Consultants.

3. The parties hereto agree that all commissions or fees as agreed by the
parties shall be paid in full at the end of every transaction (tranche).

4. This agreement shall be legally binding on the parties hereto, their


principals, employees, representatives, agents and assigns in all countries of the
world.

5. The parties hereto affirm that in every case they will act with the
highest standards of ethics and honesty in all their dealings. This
agreement shall be respected and honoured at all times, unless otherwise
mutually agreed upon and any party will permit no attempt or hint of
circumvention. The Buyer agrees that he/she will not act in any way to
circumvent the Consultants named herein in order to avoid the payment
of commissions duly owed hereunder.
6. Each of the above parties agrees and understands that any overt or
covert action of circumvention prescribed by this agreement shall be construed as
a fraudulent act against the other party and will be subject to judicial action,
recompense for damages, possible punitive damages and injunctive relief allowed
by the legal process.

ACKNOWLEDGEMENT
Buyer and Seller acknowledge that the Seller Representative (Mandate)
and Consultants involved in the transaction are completely and entirely
independent legal and business entities from the Seller and Issuing
Bank and therefore, Buyer waives any and all claims against them in the
event of any non-performance by any party.

Buyer further acknowledges that all Consultants are merely acting in a


sourcing and consulting capacity as intermediaries between the Seller and
Buyer.

Buyer acknowledges that Consultants are not, and have never represented
themselves to be, licensed securities brokers, bankers, security officers,
forensic investigators nor agents or employees of the Seller or his lending
institution or issuing bank.

Buyer further acknowledges it is his and his company’s sole legal


responsibility to do proper due diligence on both the Seller and Buyer’s
receiving account beneficiary (if different entity than Signatory) and that
all Consultants are merely independent intermediaries in this transaction.

INDEMNIFICATION; LIMITATION OF LIABILITY:


Each party agrees to indemnify, defend and hold the other harmless from
and against and in respect of any and all costs, expenses (including
without limitation, attorney fees and litigation and investigation costs),
losses, damages and claims arising from, in connection with or relating to
(i) any actual or alleged infringement or misappropriation by the
indemnifying party of any patent, copyright, trademark, service mark,
trade name, trade secret or any other intellectual property right of any
other party (whether domestic or foreign), (ii) any failure by the
indemnifying party to comply with or breach of any governmental,
regulatory, judicial or municipal law, rule, regulation, decision, order,
directive, ordinance or ruling of any kind or (iii) any negligence or
misconduct on the part of the indemnifying party; provided, however,
that, notwithstanding anything contained herein, no party shall be liable
for consequential damages of any kind (even if advised of the possibility
or likelihood thereof) or any punitive damages in connection with any
claim or matter arising under or in connection with this Agreement. Except
as expressly set forth herein or in the Statement of Work and Procedures,
no party makes any representation or warranty of any kind. The provisions
of this Section shall survive any termination or non-renewal of this
Agreement.

NOTICES/AMENDMENT/MODIFICATION:
All notices or other communications required or permitted to be given
pursuant to this Agreement shall be made in writing. This Agreement may
only be amended, modified or waived by an instrument in writing duly
executed and delivered by each of the parties hereto to be bound by such
amendment, modification or waiver.

SURVIVAL OF OBLIGATIONS:
This Agreement and all of the terms and provisions hereof, shall be
binding upon and shall inure to the benefit of the parties and their
respective legal representatives, heirs, administrators, successors and
assigns. All obligations shall continue notwithstanding the expiration,
termination or cancellation of this agreement.

REPRESENTATION:
All signatories hereto acknowledge that they have read the foregoing
Agreement and by their initials and signature that they have full and
complete authority to execute the document for and in the name of the
party for which they have given their signature.

OTHER:
As amended in February 2003 concerning the prevention of money
laundering and 305 of the Swiss Criminal Code, the following information
may be supplied to banks and/or other financial institutions for purposes
of verification of identity and activities of the Client described below, and
the nature and origin of the funds which are to be utilized. The foregoing
is subject to agreement by all parties to whom this information is provided
that they are obligated to respect the privacy rights of the Client and all
individuals described herein as well as the generally accepted
professional standards relating to the maintenance of confidential
information, and to take all appropriate precautions to protect the
confidential information, and to take all appropriate precautions to protect
the confidentiality of the information contained herein, this legal obligation
shall remain in full force indefinitely without restriction.

Banking details to receive payment of CITIBANK


BTC purchased:

This Agreement is dated as of the date first above written and has been
entered into as of that date by the duly authorized representatives of the
Parties as set forth below:

Signed:

a. Origin of Funds (for current transaction). Please state how the


source of wealth for this investment has been raised.
b. Funds free and clear
c. I declare that, to the best of my knowledge and belief, I am in
good standing and the information given is true and complete.
d. I confirm and am satisfied that, to the best of my knowledge and
belief, the original source of monies being used to pay the
investment amounts is derived from legitimate activities.
e. I confirm and am satisfied that, if needs be, I will submit
documents supporting the information I provided.
Seller:

Buyer:

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