This agreement is is entered into between :
a) NWO Insider hereinafter referred to as (Programme Provider).
and
b) The Applicant, who’s full name, date of birth and full address are completed in the Registration Form, hereinafter referred to as (Client)
Parties have entered into the following Agreement:
1. Scope of Programme
Client to subscribe to a bespoke private programme (SBLC collateral transfer & monetisation education programme) for a maximum period of 13 Months.
Programme Provider to pay a loyalty payment, equivalent to Client.
2. Clients Subscription
Client will pay $1000.00 USD to enter the programme with an additional $24.00 USD towards postage and processing. The subscription will be used in its entirety along with other subscriptions to undertake the programme that starts on the date that the Client has chosen.
3. Client Guarantee
The Programme Provider will guarantee a ‘Loyalty Payment’ of 200% of the clients original subscription, within 60 days of the first day of the programme. The payment may be made in one or two instalments. The first instalment is guaranteed to be made on or before day 30 days of the programme. The second instalment is guaranteed to be made on or before day 60 of the programme. Based on this, the ‘Loyalty Payment’ would be paid as follows:
a) First guaranteed payment: this being the equal to Clients original subscription $1000.00 USD to be paid on or before the 30th day following the programme start date.
b) Second guaranteed payment: this being the equal to Clients original subscription $1000.00 USD to be paid on or before the 60th day following the programme start date.
Payments will be delivered to the Clients registered address or preferred cryptocurrency wallet. Where payment due dates are weekends or public holidays, the payment will be paid on the working day before.
The Programme Provider aims to deliver loyalty payments using the preferred method specified on the Registration Form. Where a method may not be possible another method of delivery will be chosen.
4. Client Security
4.1 Two separate Physical Asset/s to the minimum value of 400% of the total subscriptions for the programme, will be accepted and physically held in a secure depository and assigned to the new company established on the first day of the programme.
4.2 The asset/s will be physically delivered to the depository on or before 10:00 GMT on First day of the programme and held in custody, as collateral to cover any loss, until all Clients within the programme have received in full the guaranteed Loyalty Payment as specified in this Agreement.
4.3 The Client will receive shares in the company delivered either physically or electronically. The number of shares will be calculated so that value of shares is equivalent to 200% of the Clients subscription. The number of shares may vary depending on the number of Clients who have entered any particular programme.
4.4 Upon the conditions of the Agreement being fulfilled, the Asset/s will be returned in full unencumbered to the Programme Provider. Should the Programme Provider fail to fulfil the Agreement in full or in part the Asset/s will become property of the Client/s.
4.5 During the period the Asset/s are held as security they become the responsibility of the Agent and must be insured against loss, theft or damage (in part or in full) until the Asset/s are returned to the Programme Provider.
5. Terms of the Agreement
5.1 The agreement shall become effective, enforceable and binding on the date the agreement and subscription payment are submitted by the Client and shall remain in effect until their ‘Loyalty Payment’ has been received.
5.2 The Programme Provider must not use the subscription for any project that is not related to the clients specified programme.
5.3 The Client can not withdraw at any time during the programme, the Agreement must run for the full 60 days as agreed. It is due to knowing, that the Subscriptions are available, that enables the Programme Provider to guarantee the Loyalty Payment stated, this means the Programme Provider can procure a SBLC Collateral Transfer Agreement (CTA) using the subscription amounts placed into escrow to cover the CTA Fees. The SBLC will secure a non-recourse loan used to provide the guaranteed Loyalty Payment.
5.4 The Programme Provider will provide a daily progress report, Bank Screen Shots and as the programme progresses through the relevant stages, copies of Escrow Agreements, Collateral Transfer Agreements, Copies of SWIFT MT-799 and SWIFT MT-760 Transmissions, Monetisation Contracts and Non-Recourse Loan Agreements. Progress reports will be transmitted before 02:00 GMT of each working day (to allow for time differences when working with the providers bank in the United States of America) commencing the second working day after the programme start date. These can be either by electronic mail or as daily updates on the members only blog.
5.5 The Programme Provider can withdraw the opportunity to subscribe at any time prior to the subscription being paid. However all Agreements that are in place before the opportunity to invest is withdrawn will and must be honoured in their entirety provided the Clients subscription has been received by the working day prior to the programme start date. In effect, this means that the Programme Provider can not decide to cancel the programme or this agreement at any time after the client has paid their subscription. The Agreement must run for the full term as agreed.
6. Relationship
Nothing contained in this agreement shall constitute a partnership or a joint venture. No party has the authority to act on behalf of the other party, unless so provided in this agreement. No party shall have any right or authority to assume or to create any obligations or liabilities expressed or implied for on behalf of the other party in any way or manner whatsoever unless so provided in this agreement. Neither of the parties shall hold themselves out contrary to the terms of this paragraph and neither of the parties shall become liable for any representation, act or omission of the contrary to the provisions hereof. This agreement shall not be deemed to give any right or remedy to any third party whatsoever unless said right or remedy is specifically granted by both parties in writing to such third party.
7. Authority
The parties warrant and represent that they have the authority, the right and the desire to enter into this agreement on their own personal behalf or on the behalf of the firm, corporation or organisation that they represent.
8. Non Circumvention
8.1 At any time prior to the expiration of three years from the date of this agreement, it is expressly agreed that the identities of any individual or entity and any other third parties (including, without limitation, suppliers, customers, financial sources, manufacturers and consultants) discussed and made available by the Disclosing Party in respect of the Purpose and any related business opportunity shall constitute Confidential Information and the Recipient or any Group company or associated entity or individual shall not (without the prior written consent of, or having entered into a commission agreement with, the Disclosing Party):
(a) directly or indirectly initiate, solicit, negotiate, contract or enter into any business transactions, agreements or undertakings with any such third party identified or introduced by the Disclosing Party; or
(b) seek to by-pass, compete, avoid or circumvent the Disclosing Party from any business opportunity that relates to the Purpose by utilising any Confidential Information or by otherwise exploiting or deriving any benefit from the Confidential Information.
8.2 The Recipient covenants that any financial gain made by it, or any associated party, from a breach of clause 8.1 shall be held on trust for the benefit of the Disclosing Party and then be transferred to a nominated account of the Disclosing Party, until which time such outstanding amount shall incur interest at the rate of 4% per annum above Bank of England’s base rate from time to time. Such interest shall accrue on a daily basis from the due date until actual payment of the overdue amount, whether before or after judgment and the Recipient shall pay the interest together with the overdue amount.
8.3 Clause 8.2 does not effect the Disclosing Party’s ability to also sue for damages should the covenants in clause 8.1 be violated in any way.
9. Copying and Duplication
Unauthorised use and/or duplication of any material included within this site or within the programme without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to NWO Insider and https://nwoinsider.wixsite.com/site with appropriate and specific direction to the original content.
10. Non-Disclosure Obligation.
Except as required by court order or Applicable Law, neither Party shall disclose to third parties any confidential or proprietary information regarding the other Party’s business affairs, finances, processes, plans or installations, product information, know-how, or other information that is received from the other Party pursuant to this Agreement or the Parties’ relationship prior thereto or is developed pursuant to this Agreement, without the express written consent of the other Party, which consent shall not be unreasonably withheld. The Parties shall at all times use their respective reasonable efforts to keep all information regarding the terms and conditions of this Agreement confidential and shall disclose such information to third Persons only as reasonably required for the permitting of the Programme as reasonably required by either Party for performing its obligations hereunder and if prior to such disclosure, the disclosing Party informs such third Persons of the existence of this confidentiality obligation and only if such third Persons agree to maintain the confidentiality of any information received. Clause 10 shall not apply to information that was already in the possession of one Party prior to receipt from the other, that is now or hereafter becomes a part of the public domain through no fault of the Party wishing to disclose, or that the Programme Provider corresponds in substance to information heretofore or hereafter furnished by third parties without restriction on disclosure.
11. Governing Law
This agreement shall be governed in all respects including but not limited to the extent, validity, construction, operation, effect and enforcement by the substantive laws of the United Kingdom of Great Britain and Northern Ireland. The venue and the jurisdiction place shall be as decided by any appropriate authority within the United Kingdom of Great Britain and Northern Ireland
12. Force Majeure
12.1 No Party shall be liable for non-fulfilment of its obligations under the Agreement if such non fulfilment is attributable to force majeure. Force majeure shall be taken to mean events over which the relevant Party has no control and which that Party could not have prevented, avoided or anticipated, including, but not limited to, stoppage of work, strikes, lock-outs, war, terrorism, natural disasters, states of emergency and similar.
12.2 The Party claiming force majeure shall notify the other Parties and the Steering Committee without undue delay. Such notice shall be provided in writing and shall contain information about the nature of the force majeure event and its estimated duration and consequences for the performance of the Project, including the participation of the Party affected by the force majeure. If the force majeure event persists for more than twenty (20) days, the other Project Participants shall be entitled to terminate the Collaboration Agreement without prior notice as regards the affected Project Participant’s participation in the Collaboration Agreement. In such a situation the affected Project Participant shall otherwise be situated as if the Project
13. Waiver Modification
No waiver of any breach or condition of this Agreement shall be deemed to be a waiver of any other subsequent breach or condition, whether of like or different nature. This Agreement may be modified upon mutual agreement, by the official representatives of the parties, only in written form.
In entering into the agreement the Client understands that the programme is not a form of investment in the traditional sense. The programme does require an investment in the form of a subscription, which is used within the programme to generate a return. The benefits to the Client are in the form of:
a). Knowledge, Education and Experience
b). A Loyalty Payment
The Client understands that the Knowledge, Education and Experience are what they are investing in. The Loyalty Payment whilst guaranteed, is not a right, nor a Return on Investment. This is a private programme where by the Client registers to gain Knowledge, Education and Experience by way of a subscription and that any other benefits are purely incidental and are therefore not required to be regulated by any Financial Authority or other Regulatory body
ENTIRE AGREEMENT: This is the entire Agreement between the parties and supersedes all previous oral or written understandings between them on the subject matter hereof.
By clicking on the Agree button below you sign to, accept and agree to be bound to the terms of the agreement.