JOINT VENTURE INVESTMENT

AGREEMENT

This agreement is made and entered into by and

Between:

FRANK WILFORD
(Hereinafter refer as First Party)

And

YEKTI MARYANI
(Hereinafter refer as Second Party)

DATED: 16/OCTOBER/2023
Whereas the First Party is a business man of 373 Downing Street, Lawrenceville,
Georgia (GA) 30045, United State, who would like to make a direct investment to the
Second party a business man of Demangan GK 1/285, Rt 003/Rw 001,Demangan,
Godokusuman, Yogyakarta, Indonesia, for an amount of $75,000,000.00 (Seventy-
five million dollars only), hereinafter, refer as investment and whereas, the Second
Party is an established citizen of the Indonesia.

Whereas the Second party is willing to accept the investment and the First Party is
prepared to cooperate with the Second Party in that respect.

THEREFORE, in consideration of the foregoing facts and the mutual covenants and
representations hereinafter set forth, the parties hereby agreed as follows:

ARTICLE 1. PURPOSE OF THIS AGREEMENT

The purpose of the present agreement is to define the contractual relationship between the
first party and the second party.

ARTICLE 2. RIGHTS

Subject to the terms and upon the conditions set forth herein, throughout the duration of
this agreement, the First party hereby accept to make a direct investment to the second
party at the amount of $75,000,000.00 (Seventy-five million dollars only), the Second
Party hereby accepts to use and invest the mentioned amount in real estate business in
Indonesia.

ARTICLE 3. THE INVESTMENT

The investment covered by this agreement shall mean at all time a total amount of
$75,000,000.00 (Seventy-five million dollars only)

ARTICLE 4. CONDITION OF THE FUNDS.

4.1 The said investment funds are presently in a bank, hereinafter referred to as Financial
Institution.

4.2 That the funds kept with the Financial Institution by the First Party late father, is a
total sum of $75,000,900.00 (Seventy-five million, nine hundred dollars only)
hereinafter referred to as funds.

4.3 The funds are kept in the Financial Institution in a domiciliary online account. The
funds are good, clean and are of non-criminal origin, free of any encumbrances, were
legally earned and fully transferable.
 ARTICLE 5. DURATION

5.1 The present agreement shall become effective on the date that the total
investment funds $75,000,000.00 (Seventy-five million dollars only) have been
transfer to the Second Party account or country and shall be valid for an initial term of
ten full consecutive years and subject to renewal.

5.2 Any termination of the present agreement shall not impair any rights or remedies
of any party here to neither accrued prior to the termination nor relieve any party of its
obligations accrued prior to such termination.

5.3 Any termination of the agreement will require a 1year (12months) notice by any
of the parties.

ARTICLE 6. INVESTMENT TERM

6.1 The first party will provide the second party with the amount stated in section 4.2
based on the following specific terms and conditions.

6.2 The profit from the investment will be shared between both parties based on a
percentage. The parties have agreed that 50% of the profit of the investment goes to
the Second Party and 50% of the profit of the investment goes to the First Party.

6.3 The Second party shall transfer the share of the First party to any account or person
authorized by the First party.

6.4 It has been agreed that investment provided does not entitle the first party to any
rights in the second party properties nor any management rights in any of the second party
companies or activities, more over the first party is not allowed to interfere at any time or
claim any right to do so.

ARTICLE 7. EXPIRATION AND CANCELLATION

7.1 This agreement shall expire as provided in Article 5 hereon. It may also be terminated
by either party.

ARTICLE 8. CONFIDENTIALITY

The parties hereby agreed to respect the confidentiality nature of information which they
receive during the term of this Agreement, including information of the funds, Financial
Institution, distribution, means of transferring or transporting the funds, to the Second
Party country and Financial Institution account or the signatory of this agreement, and
they undertake to keep such information strictly confidential during the said term, and
after the termination or non-renewal of the agreement.
 ARTICLE 9. INEVITABLE ACCIDENT

Non-compliance by either the First Party or the Second Party owing to inevitable accident
with any of the said obligations shall not lead to the termination of this agreement
provided either the first party or the Second Party has, as soon as possible under the
circumstances, notified the other party in a letter sent by registered mail, of the reason for
non-compliance. Pursuant to this clause, Inevitable accident Force shall be deemed to be
any unforeseeable and irresistible event provoked by an external cause, which
constitutes an obstacle to the performance of an obligation, such as foreign or civil war,
riots, acts of public enemies, general strikes, sabotage, piracy, fire, explosion, natural
disasters and act of local government and parliamentary authority. The parties agreed to
interrupt the Agreement for the period of such event and until the activities resume
normally.

ARTICLE 10. GOVERNING LAW AND JURISDICTION

10.1 All differences concerning the validity, the interpretation or the performance of the
present agreement shall be finally settled under the rules of conciliation and arbitration of
the international Chamber of Commerce by a single arbitrator appointed in accordance
with the said rules. The seat of such arbitration shall be in Indonesia and the language of
such arbitration shall be English.

10.2 This agreement shall in all respects be governed and construed in accordance with
the law of the country that the agreement executed, delivered and performed within.

ARTICLE 11. MISCELLANEOUS PROVISIONS

11. This Agreement may be amended only by a written document signed by both parties or
by their duly authorized representatives.

For the First Party For the Second Party

FRANK WILFORD YEKTI MARYANI

 Witness

Named: …………………………………………………………………………….…..

Address: ……………………………………………………………………….…..…..

Passport no: …………………………………………………………….…….………

Telephone no: …………………………………………………….…………………..

Signature: ……………………………………………………. Date…………………