SUB-FEE PROTECTION AGREEMENT

Master Contract Information:

SELLER NAME:
BUYER NAME:
TRANSACTION CODE:
COMMODITY/INSTRUMENT:
CONTRACT AMOUNT:
SOURCE OF FUNDS:
COMMISSION AMOUNT:
NUMBER OF PAYEES:
DATE OF 1ST TRANCHE:
DATE OF 2ND TRANCHE:
MODE OF PAYMENT:

Affixed parties hereby certify that this Irrevocable Sub-Fee Protection Guarantee Agreement (“Agreement” or
“ISFPGA”) for the distribution of funds from the above described transaction (hereinafter referred to as
“Transaction”) to be distributed as follows, less fees to the Paymaster, HS GLOBAL LIMITED:

PAYMASTER INFORMATION:

The sum of US DOLLARS 0.% (zero point zero) percent from the Total Net Amount Group A is
Receiving shall be paid to the below Intermediaries or Payees through the Paymaster, HS GLOBAL
LIMITED, into Paymaster’s account titled HS GLOBAL LIMITED, Account to be credited to said account
for the benefit of the Intermediaries or Payees for said transaction in the form of a commission (“Net
Commission”).

Paymaster Fees:

HS GLOBAL LIMITED, will act as Paymaster for the Transaction on behalf of the below signatories and
will receive the following fee from the Gross Commission:

 For SPOT transactions (one time payments), the Paymaster will receive a minimum of
(----------------------------------) (0.00%), of one percent per wire transfer.

 All bank or other fees and costs associated with said transfer, if any, shall be paid by the
individual intermediaries/payees involved.

Paymaster for Group B:

From the Net Commission received, payments to the Intermediaries/Payees shall be divided and
distributed as follows:

 Intermediary Group 1: shall receive A TOTAL OF USD % (zero point zero percent) from the
Total Net Amount Group B is Receiving less Paymaster fees of 0.25% (zero point twenty-five
percent) of 1% (one percent) per transaction and per group.

Paymaster of Group B:
Bank Name:
Bank Address:
Account No.:
Account Name:
SWIFT / IBAN:
Bank Officer:
Bank Telephone /Fax:
Paymaster Tel:
By/Title: Signature Date

President
SIGN AND SEAL FOR May 18, 2020
ACCEPTANCE DATE:

, LTD, under penalty of perjury does hereby irrevocably confirm and irrevocably accept to pay all
Intermediaries or Payees to this Agreement at the same time and in a manner for each and every
transaction of the Contract, stated above, up to the completion of the Contract plus rollovers and
extensions and in accordance with the bank details to be specified in the signed and completed Addendum
A to this Agreement.

, LTD, irrevocably confirms that from all pay orders HS GLOBAL LIMITED, shall transfer funds as directed
into each designated bank account of the Intermediaries or Payees within 2 (two) banking days or earlier
after the date of closing and receipt of the funds into the Paymaster Account of HS GLOBAL LIMITED,.

For the purpose of clarity, we confirm that the closing and completion shall be deemed to take place
when the funds have been issued by the sender and funds received by HS GLOBAL LIMITED. 

, LTD, agrees to provide all Intermediaries or Payees with written evidence of said payments. It is
understood that for the purposes of this Agreement, Paymaster’s bank shall be the same bank and this
Agreement acts as an integral part of the Master Fee Protection Agreement, if any, to the Contract
stated above for the benefit of the Intermediaries or Payees.
, LTD, being named legally authorized representative to the Intermediaries or Payees as stated within
the signed and legally binding Contract, unconditionally agrees to undertake, approve, and originate all
payments in United States Dollars (USD) currency to all Intermediaries or Payees named above as their
rightful and payable commissions. This Agreement also acts as a record confirming the commission
amounts for each named Individual Sub-Payee as set in Addendum A:

TERMS & CONDITIONS

ADDITIONAL DOCUMENTATION:
Each Individual Sub-Payee to be paid shall submit COMPLETE wiring instructions, a copy of their driver’s
license and passport, and if an individual or company is a US citizen or is a US Company, each shall
provide a fully executed IRS form W-9 and Foreign Company IRS form W-8, all send to the Paymaster at
……………………………. or by other means suitable for timely receipt of same (fax, SKYPE, mail, etc.) Subject
line will include transaction description/amount. All documents must be clear and legible. Scanned
copies are preferred over faxed copies.

ASSIGNABILITY:
This Agreement and any subsequently issued pay orders shall be assignable, transferable or divisible and
shall not be amended without the express written consent of the parties. All parties agree neither to
circumvent nor attempt to circumvent either for the transaction of this current contract or in the future
for a period of five (5) years from the date of the execution of this Agreement. This document binds all
parties, their employees, associates, transferees and assignees or designees.

Parties/Payees agree that they have full legal rights to assign, sell, and distribute the funds according to
their legal right, with no exceptions.

SIGNATURES:
All faxed and/or e-mailed signatures shall be considered as original signatures for the purpose of binding
all parties to this Agreement. This Agreement may be signed and in any number of counterparts all of
which shall be taken together and shall constitute as being one and the same instrument.

Any party may enter into this document and the Agreement constituted thereby by signing any
counterpart any time, date or period mentioned in any provision of this document shall only be
amended by agreement in writing and signed off by all parties concerned.

PARTIAL INVALIDITY:
The illegality, invalidity and non-enforceable provision of this Agreement under the laws of any
jurisdiction shall not affect its illegality, validity or enforceability under the law of any other jurisdiction
or provision.

GOVERNING LAW AND JURISDICTION:

ARBITRATION:
All parties agree to refer any disputes between the parties arising out of or in connection with this
Agreement including any questions regarding its existence, validity or termination to arbitration rules of
the American Arbitration Association but not under its auspices. The appointed arbitrator shall hold the
proceedings in any country chosen by mutual agreement of the parties, or in the State of ……………..

REFERRAL FEES:
Any referral fees or other third-party payments within the individual groups are the sole responsibility of
the Intermediaries/Payees listed within this Agreement and shall not be paid by the Paymaster unless
specifically detailed above or by separate written agreement.

ACCEPTANCE:
This Agreement is signed and accepted by parties named below as to be included in the Contract.

By signing below, and returning the necessary documentation as required by Paymaster or Paymaster’s
bank, the undersigned hereby agrees to the terms and amounts to be distributed as stated above.

Accepted by Group B Paymaster:

Group B Gross Commission Signature Date

Accepted by Group B Intermediary 1:

________________________________________

May 18, 2020

ADDENDUM A
 INDIVIDUAL SUB-FEE AGREEMENT FOR INTERMEDIARY GROUP 1

Intermediary Group 1: Individual Payee Banking Information:

Intermediary 1:

REPRESENTED BY

COMMISSION DUE:

PAYMASTER’S NAME:

PASSPORT NO.:

BANK NAME:

BANK ADDRESS:

ACCOUNT NAME:

ACCOUNT NUMBER:

SWIFT - CODE:

BANK ABA NUMBER

BANK OFFICER:

BANK TELEPHONE:

BANK FACSIMILE:

SPECIAL WIRE: INSTRUCTIONS:

BENEFICIARIES:

GROUP B-

SIGNATURE: