MEMORANDUM OF UNDERSTANDING
THIS AGREEMENT CONTRACT & MEMORANDUM OF UNDERSTANDING IS MADE AND ENTERED INTO ON
THE 22ND
MON, MARCH, 2023 BY AND BETWEEN:
THE FIRST PARTY(THE INVESTOR)
MR. TARAS VOLODYMYR,
ADDRESS: GAZENTNYY, BLD 102/159, APPT 125 ROSTOV-NA-DONU
ROSTOVSKAYA OBLAST.
THE SECOND PARTY(THE INVESTOR MANAGER)
WHEREAS IT STATE AS FOLLOWS:
I MR. TARAS VOLODYMYR , as the investor, of Gazetnyy, bld. 102/159, Appt. 125 Rostov-na-Donu
Rostovskaya Oblast, rightful owner Cash value amounting to a tune of $59,000.000,00 (Fifty –Nine Million United
states dollars only),
.,The Investment Manager, having the necessary expertise and contacts to place funds in
private investment ventures, has agreed to undertake investment of the said funds in a secure and profitable
manner.
NOW THEREFORE, in consideration for the mutual covenants and benefits herein contained the Partners have
agreed as follows:
FUNDS FOR INVESTMENT
The Investor shall instruct for the provision of the funds to the investment manager and shall be invested in
accordance with the direction of the investment Manager.
The investor authorizes the investment manager to invest the fund in any profitable investment he deemed profitable
and safe.
THE INVESTMENT MANAGER
2.1 The Investment Manager will invest the Funds in the name of a corporate body (to be decided), which he
will have full control and signatory powers over, for a period of time (which is extendable).
2.2 It is clearly understood by the parties that the actions of the Investment Manager shall not be deemed to be
regulated by any investment outside his country. However, when the Investment Manager has identified profitable
investment venture and has committed that funds for such investment, the actual transactions will always be
conducted by parties fully qualified and licensed for the purpose under applicable laws and regulations
CONTROL AND SECURITY OF THE INVESTED FUNDS
3.1 The Investment Manager shall always maintain the funds in a designated bank account with a major
international bank, which the two parties shall agree upon.
3.2 The funds earmarked for investment transactions shall always remain fully secure and without any risks of
speculation and under signatory control of the Investment Manager, until the investor decides to take away his due
share as specified in this MOU.
3.3 In order to enable the Investment Manager to select the most suitable investment ventures and to commit
funds to facilitate profitable investment transactions, the Investment Manager shall have unrestricted control of the
funds he is empowered to transfer the funds to different bank accounts at his discretion provided the signatory
control always remains with the two parties.
INVESTMENT RATIO
4.1 The Investor hereby agrees that he will pay professional fees to the Investment Manager at the rate of 20%
(Twenty Percent) of the total amount (US$59,000,000.00 ) moved into his designated bank account, being his
compensation for his involvement and commitments.
4.2 The Investor hereby agrees that 70% (Seventy Percent) of US$59,000,000.00 shall be kept in the
Investment Manager’s custody / account for further investment.
The Investor & Investment Manager further agreed that upon completion of the transfer to the investment
manager’s account, 5% (five Percent) of the total fund will be used in offsetting all expenses made by the investment
manager / investor during the process, while 5% will be for personal use of investor, for his relocation, up-keeping
and settling of siblings. Total or any part of the remaining sum of the 5% allocation for expenses shall be added to
the investment capital.
That the Investments Manager under the principle of utmost good faith and trust hereby promise that upon his
receipt of the said funds, that he the Investment Manager must abide by the sharing ratio as stated above;
That both parties should always stand as each others brother’s keeper, in other words, render assistance if need be.
5. INVESTMENT VENTURES
The Investment Manager is fully empowered to identify investment venture and commit the funds for
investments wherein the fund shall be fully secured and which shall return good rates of profit.
The proposed investment ventures are of a private and confidential nature and therefore the parties actually
conducting the investment transactions, the bank which will be holding funds for such investment purpose and all
other details of the investment transactions shall remain confidential and proprietary to the investment Manager.
Such confidential information shall only be divulged to the investor.
The propose investment ventures are subject to conditions prevailing in the world financial markets and are subject
to control by various regulatory authorities. If for any reason beyond to control of the Investment Manager the Funds
are not accepted for a particular investment venture, then the Investment Manager shall endeavour to arrange
participation in alternative ventures. If such situations arise, they will be brought to the notice of the Investor at the
appropriate time and alternative methods of investment will be mutually agree.
In the event that mutually acceptable alternative investment ventures are not available within reasonable time then
70% mapped out for investment will be returned to the Investor if so required by the investor without profits.
It is understood by the parties that from time the funds are received in the bank account designated by the
Investment Manager, it may take thirty (30) working days or more for the fund to participate in the proposed
investment venture. As due diligence has to be conducted before investing.
6 PROFITS FROM INVESTMENT AND DISBURSEMENT:
The Investment Manager shall endeavour to secure on a “best efforts” basis a gross profit of 10% (Ten Percent) of
the funds invested per annum.
It is possible that the Fund covered by this agreement may participate in the investment venture either in full or part.
Consequently only the amount that actually participates in the investment venture will qualify for the profit at the
rate mentioned herein. Profit shall accrue from the date of such participation.
From the profits earned as above after TAX, the Investment Manager shall retain for himself and his associates a
share of 25% (Twenty-five percent) and the balance of 70% (Seventy percent) shall be paid to the investor.
The profit amount due to the Investor shall be remitted to his designated bank account.
7 FINANCIAL EXPENSES.
7.1 Any expenses incurred by both parties, i.e., the investor and the Investment Manager shall be
refunded in full to the party in question from the 5% mapped out above.
8 DURATION.
8.1 This MOU shall remain valid for a period of 10(ten) years from the date of its execution, and may
be renewed by mutual consent.
This MOU shall terminate on the date of its expiry, or earlier when the Investment Manager has returned the funds
to the investor as per terms of this agreement.
Financial obligation, if any, will be settled mutually after the termination of this MOU. In case there may be any such
transactions are pending upon the termination of this MOU, the MOU shall hold good until those transaction are
fulfilled.
9 EXECUTION OF THE MOU.
Each of the parties to this MOU represents that it has full legal authority to execute this MOU and that each party is
to be bound by terms and conditions as set forth herein. Any modifications or changes to this MOU shall be made
only by mutual consent and in writing and executed by both parties, which shall be attached to the original MOU as
an addendum.
This MOU shall be binding on and insure to the benefit of the parties hereto, their heirs, successors, administrators,
companies, attorneys and assigns.
JURISDICTIONS/ DISPUTES
This MOU shall be interpreted and governed by the laws of the country in which any breach occurred, giving rise to
dispute between the parties, at the option of the aggrieved party.
In case of any disagreements or disputes arising out of this MOU, the parties shall first try to settle them amicably,
failing which the matter shall be referred to arbitration under rules of arbitration of the International Chamber of
Commerce. The venue of arbitration shall be at the option of the aggrieved party.
The decision of the arbitration shall be final, binding on the parties and shall be enforceable in any court of
jurisdiction.
Origin of funds, The Investor warrants that the Funds are generated from formal commercial activities of their family
from ages and they are of non-criminal origin, as such the investment manager will not be responsible / liable to the
origination of the fund.
CONFIDENTIALITY
The parties agree that the MOU is private and confidential and neither the contents shall be divulged nor copies
circulated to any third parties not involved in the transaction under this MOU.
DEFENSE AND INDEMNIFICATION
The INVESTOR agrees, at its sole expense, to defend THE INVESTMENT MANAGER and against, and to indemnify
and hold THE INVESTMENT MANAGER harmless for any claims or suits by a third party against THE INVESTMENT
MANAGER or any liabilities or judgments based thereon, either arising from THE INVESTMENT MANAGER’S
performance of service for THE INVESTOR under this MOU or arising from any of THE INVESTOR’S action which
result from THE INVESTMENT MANAGER performance of services under this Memorandum Of Understanding (MOU).
All words in the MOU are singular, shall also include the plural and vice versa and words in the male gender shall also
be construed in this MOU to include the female and neuter gender;
This MOU is made in two (2) copies, one (1) copy each to the two (2) parties, each of which shall be deemed an
original, but all of which together shall constitute one and the same MOU;
That this agreement is consciously and willingly reached, signed and delivered between both parties as under-
mentioned.
First Part
MR. TARAS VOLODYMYR,
Second Part
Signature:
Signature:
(Investor) (Investment Manager)
