DISCLAIMER

Please note that, all orders require you to accept these terms and conditions.

Conditions of Commerce

1. Definitions
2. Unacceptable Business and Activities Requiring Pre-approval
3. Warranties
4. Indemnity
5. No Liability For Loss
6. Clients' Obligations
7. Additional Clients' Obligations When FF Provides FF Officers
8. Requests and Instructions
9. Payment of Fees
10. Confidentiality and Data Protection
11. Termination of Services
12. Interpretation
13. Notice
14. Miscellaneous
15. Law

1. Definitions

1.1 "Fleetwood Financial Ltd. " ( hereinafter called FF) Worldwide means the multi-jurisdictional marketing structure of an international group of companies and associates offering company, trust formation, banking connections and related professional services. All member companies in this conglomeration are independent of one another and have no inter alias authority, with regard to any other group member, to represent, bind or act directly or indirectly as a statutory, managing or general agent, representative or attorney for any purpose whatsoever, nor to be based in any jurisdiction outside that in which they are incorporated, wit an exception of lawfully set up branch offices.

1.2 "FF" means a member of FF Worldwide which expression shall include their successors in title and assigns on its own behalf and as agent for the FF Officers (as hereinafter defined) and the employees thereof and any company under their direct or indirect control and any director or employee thereof (which expression shall include any of them).

1.3 "FF Officers" means any person, firm or company nominated by FF who may from time to time be appointed as director, alternate director, secretary, assistant secretary, manager, partner, accountant, VAT or tax agent, trustee, protector, bank account signatory, other officer, administrator, registered agent, provider of a registered office or address for legal service or registered shareholder of the Entity (as hereinafter defined) and the employees thereof and any company under their direct or indirect control or any director or employee thereof (which expression shall include any of them).

1.4 "Entity" means a company, trust, partnership or other legal entity or structure established and / or administered by FF at the request of the Clients (as hereinafter defined).

1.5 "Services" means the provision by FF of management, administration and / or other services (including the operation or control of an Entity's bank account(s)) requested by the Clients or the Clients' Appointees (as hereinafter defined) or such other services provided by FF to maintain the Entity in good standing in its country of establishment or incorporation.

1.6 "Clients" means in the case of a trust or a foundation the Settler of the trust or foundation and in the case of a company or other legal entity the beneficial owner or owners of the Entity which expression shall in the case of individuals include their heirs, personal representatives and assigns and shall in the case of more than one person mean such persons jointly and severally and shall include the survivor or survivors of them and their respective heirs, personal representatives and assigns.

1.7 "Clients' Appointees" means any person(s) who is not a FF Officer and who may from time to time be nominated or appointed to act as Managing Agent (as hereinafter defined), director, alternate director, secretary, assistant secretary, manager, partner, trustee, protector, beneficiary, bank account signatory, other officer, grantee of a power of attorney, administrator, registered agent, provider of a registered office or address for legal service or registered shareholder of the Entity (which expression shall include any of them).

1.8 “Place of Business” means a location of anticipated service to be provided by FF, wherever in the World it may be located.

1.9 "Managing Agent" means a person who may in writing be authorized by the Clients to issue requests or instructions to FF or to accept service of any notice from time to time issued by FF relating to the Entity.

1.10 "Conditions of Commerce" means these Conditions of Commerce or such other new Conditions of Commerce as may from time to time be published on FF Worldwide web site (www.offshore-formation.com) and shall be deemed to include such other conditions which FF may from time to time advise to the Clients or the Clients' Appointees or publish on its web site, as well as Conditions of Commerce which may be imposed on FF by its suppliers or cooperating parties. These Conditions of Commerce apply without any specific limitations to all of FF's Clients and Clients' Appointees.

2. Void Business and Activities Pre-approval

2.1 "Illegal Activities" means any activity designated anywhere in the world as illegal or criminal which, without prejudice to the generality of the foregoing, shall be deemed to include activities relating to terrorism, drug trafficking, money laundering, receiving the proceeds of criminal activities or trading with countries which may from time to time be subject to any embargo imposed by specific states or international organizations or any successor or similar international organization.

2.2 "Prohibited Persons" means persons:

2.2.1 prohibited under the laws of any country for whatsoever reason or who may otherwise be legally incapable or disqualified from being party to a contract.

2.2.2 who are known or self-declared un discharged bankrupts or are otherwise disqualified from acting as a director or company officer or who have been imprisoned or found guilty of any criminal offence (other than a motoring offence carrying a non-custodial or non-criminal records ors sentences).

2.2.3 Who have been proven to act in a fraudulent or dishonest manner in any civil proceedings.

2.2.4 who are resident in a country, which is subject to any international restriction or embargo including, but without prejudice to the generality of the foregoing, those imposed by the Security Council of the United Nations, the European Union or specific state or international organizations or any successor or similar organization.

2.2.5 who are government officials or politicians, including current military service.

2.3 "Prohibited Activities" means activities not approved or accepted by FF and which, without prejudice to the generality of the foregoing, include activities relating to:

2.3.1 arms, weapons or munitions;

2.3.2 mercenary or contract soldiering;

2.3.3 security and riot control equipment such as stun guns, electronic restraining devices, CS gas or other similar materials, pepper sprays or any other device that could lead to the abuse of human rights or be utilized for torture or which may otherwise be used in an offensive manner;

2.3.4 technical surveillance or bugging devices and industrial espionage;

2.3.5 dangerous or hazardous biological, chemical or nuclear materials including equipment or machinery to manufacture or handle such materials and the transportation, handling, disposal or dumping of such materials;

2.3.6 human or animal organs commerce in its entire scope, including blood and plasma;

2.3.7 the abuse of animals, vivisection or the use for any scientific or product testing purpose of animals;

2.3.8 trading in genetic material;

2.3.9 adoption agencies, including surrogate motherhood;

2.3.10 the abuse of refugees or human rights;

2.3.11 pornography;

2.3.12 drug paraphernalia;

2.3.13 the provision of scholastic degrees or qualifications;

2.3.14 the provision and issuance of credit, debit and charge cards ;

2.3.15 pyramid sales, in all their forms and mutations;

2.3.16 religions, religious cults and charities;

2.3.17 the offer or provision of legal or tax advice otherwise than by persons who are professionally qualified and, where appropriate, licensed to do so in their respective jurisdictions;

2.3.18 the provision of trustees or services relating to the administration or management of trusts, companies or the undertaking of any service or business that might compete with FF, or its associates;

2.3.19 trading or other activities relating to financial are commodity futures or other derivatives or financial instruments that create an open or unlimited investor’s exposure;

2.3.20 any activity, which may damage the reputation of FF or its associates in any manner whatsoever or the country of establishment or incorporation of the Entity.

2.3.21 Any such activity, which FF may in its sole discretion consider unacceptable, and refuses to undertake or to provide services to any client, without voicing a reasoning for its decision. FF’s selection of clients is, without prejudice, discretionary.

2.4 "Prior Approval of Activities":

2.4.1 Financial business involving: soliciting funds from the public, offering investment advice to the public, insurance business, the operation and administration of collective investment schemes or the management of investments other than where the assets so managed comprise the property of the Entity.

2.4.2 Any activity relating to the provision of financial services or any other business activity, which requires a licence in any jurisdiction.

2.4.3 Time-share and holiday clubs.

2.4.4 Advertising an Entity or any address belonging to FF by any means (including the Internet).

2.4.5 Accepting payment over the Internet for products or services.

2.4.6 Trading in high-risk products or services, or products or services which may be associated with fraud such as alcohol, cigarettes, tobacco, fine art, the provision of telephone and mobile telephony services (including call back numbers and trading in mobile telephones or SIM cards) and computer chips.

2.4.7 Utilizing merchant numbers for processing credit and other types of charge card orders.

2.4.8 Gambling or lotteries, whether private or state run.

2.4.9 Mail or telephone order schemes._____

2.5 If any Clients or the Clients' Appointees are or become Prohibited Persons, or engage in any Illegal Activities or the Entity engages in any Illegal Activities or Prohibited Activities or undertake any Pre-Approval Required Activities without first obtaining FF's prior written consent, FF may at its discretion immediately terminate the Services or take any of the actions referred to in Paragraph 8.4 hereof.

2.6 It is an unmitigated and implied duty of any client to report all and any changes to his, its, or their status with respect to points 2.1, 2.2, 2.3, 2.4 and 2.5, without an undue delay, in writing to FF, with a full explanation given. Failing that, the client seizes to be the Client of FF immediately, without any rights to compensation for expenses, ensuing damages, may they be real or deemed. Furthermore the Client expressly waives the right to sue FF in any jurisdiction anywhere in the world outright, as well as a right to a hearing in front of an arbitration board of any jurisdiction.

3. Warranties

3.1 The Clients undertake, warrant and covenant with FF that:

3.1.1 they have full legal capacity to enter into an agreement with FF in accordance with these Conditions of Commerce and to acquire the Entity and to receive the Services, in jurisdiction involving the provision of service or the final jurisdiction of the service.

3.1.2 when the Entity is not a trust or a foundation, they are the ultimate beneficial owners of the Entity.

3.1.3 they are not and will not act in a fiduciary capacity for any other person, firm or company in relation to the Entity.

3.2 The Clients undertake and warrant with FF that they:

3.2.1 will comply with FF's Conditions of Commerce, in its full scope and to the fullest extent.

3.2.2 procure that those appointed as Clients' Appointees understand the legal duties and obligations created by these Conditions of Commerce and shall, if so required by Fleetwood Financial Ltd., procure that such persons enter into direct written agreements with FF agreeing to comply with these Conditions of Commerce.

3.2.3 have taken appropriate tax and legal advice with regard to the establishment, acquisition and operation of the Entity.

3.2.4 agree that FF may (but shall not in any event be obliged to) rely on communications received from the Clients or the Clients' Appointees in determining what steps Fleetwood Financial Ltd. is required to take in administering the Entity and providing the Services.

3.2.5 will pay, and take a full responsibility for paying , any personal, trust or corporate taxes that may become due as a result of the establishment and operations of the Entity.

4. Indemnity

The Clients jointly and severally (for themselves and on behalf of the Clients' Appointees) covenant with FF and with the Entity and, where appropriate, shall procure that the Entity covenants with FF that they will at all times indemnify and keep FF indemnified:

4.1 against all actions, suits, proceedings, claims, demands, costs, expenses and liabilities (including legal fees), which may arise or be incurred, commenced or threatened against FF in connection with or arising from the acquisition or business activity of the Entity or the provision of the Services;

4.2 in respect of anything done or omitted to be done by FF, provided that this provision shall have no application to any liability for death or personal injury arising from the negligence of FF or to any liability arising as a result of fraud on the part of FF;

4.3 in respect of any failure by FF to comply, wholly or partially, with any instruction or request made by the Clients or the Clients' Appointees or any errors or incomplete instructions or requests received by FF;

4.4 in respect of any loss or damage, actual or deemed, arising from the use of facsimile or email, including the use of unencrypted email, failed or incomplete transmission, distortion and loss of privacy arising from viruses or technological miss functioning of any equipment, otherwise;

4.5 in respect of any penalties, fines, fees or other liabilities incurred by the Clients and / or the Clients' Appointees and / or the Entity in relation to the Entity and / or the Services.

5. No Liability For Loss

5.1 FF expressly disclaims any liability to the Clients, the Clients' Appointees, the Entity and any third parties associated with them for any damage or loss to any of them arising from the establishment, acquisition or operation of the Entity and / or the provision of the Services by or to the Clients, the Clients' Appointees, the Entity or any other person, closely or loosely associated with.

5.2 FF expressly disclaims any responsibility for its inability to fully of partially complete client’s order due to external factors, including unwillingness of any third party or governmental entity to accept, process or proceed with an application, request, or to its incompleteness or unacceptability of documentation, whether specifically, declared as or not, or whether doe to a faulty concept of the application.

6. Clients' Obligations

6.1 The Clients must give FF at least 90 days' advance written notice of their intention to discontinue the Services.

6.2 The Clients must obtain FF's written consent before seeking to change the beneficial client ship of the Entity or seeking to appoint new Clients' Appointees. Any such applications must be accompanied by written details of such proposed changes or appointments as FF may require which shall, without prejudice to the generality of the foregoing, include an appropriately certified copy of the passport, proof of residential address and a detailed personal history of such persons and FF reserves the right to request further information and documentation concerning such proposed changes and to decline to accept such applications.

6.3 The Clients shall and shall procure that the Clients' Appointees shall:

6.3.1 immediately inform FF of any matters, which might affect the Entity and / or influence FF's willingness or ability to provide, or continue to provide, the Services.

6.3.2 immediately inform FF of the nature of the activities and business of the Entity and seek FF's prior written consent before making any material changes to those activities.

6.3.3 obtain FF's prior written consent before placing any advertisement or making any public announcement relating to the Entity or any activities undertaken by it.

6.3.4 at all times pay to FF any sum due to FF including any fees, disbursements and expenses incurred by FF in connection with the Entity and / or in providing the Services (including fees charged by FF in relation to the provision of the Services).

6.4.4 Non payment of fees, disbursements, dues and other payments in arrears shall terminate the services of FF to the client forthwith, with full responsibility for any damages form such action resting fully and expressly with the client. Any moneys still with FF shall be liquidated by FF in the form of damages. Notwithstanding, FF reserves the right to collect any monies due to it or to its suppliers by legal means available to it in any given jurisdiction.

7. Additional Clients' Obligations When FF Provides FF Officers

7.1 When FF provides FF Officers, the Clients must, at all times, keep the Entity in funds sufficient to discharge its liabilities as and when they become due and at the request of FF or the FF Officers pay to the Entity or FF on its behalf, such sums as may be required to enable the Entity to discharge, in full, any liabilities (including FF's fees).

7.2 When FF provides FF Officers, the Clients shall and shall procure that the Clients' Appointees shall:

7.2.1 immediately inform FF of any matters that might affect the Entity or any matter, which is material to the management, business, or affairs of the Entity.

7.2.2 at the written request of FF, immediately provide information to enable FF to prepare annual or other statutory returns, financial or other statements in relation to the Entity.

7.2.3 immediately provide FF without delay all contractual, financial or other information concerning any asset, transaction, trading activity or business of the Entity.

7.2.4 not without FF's prior written consent seek to alienate, assign, sell, pledge or otherwise dispose of, charge or encumber any asset of the Entity, including any shares issued by the Entity. FF reserves the right to request further information concerning such proposals and to decline to accept such applications.

7.2.5 immediately advise FF in writing, of all legal proceedings, claims, demands made or threatened against the Entity or the FF Officers.

7.2.6 where the Clients or the Clients' Appointees are grantees of a power of attorney issued by the Entity they must:

7.2.6.1 act with the utmost good faith to the Entity, FF and the FF Officers.

7.2.6.2 keep and maintain and on demand deliver to FF accurate financial and business records.

7.2.6.3 immediately disclose to FF, in writing, information relating to the operation of the business of the Entity, which might create a conflict of interest between them and the Entity and / or with FF or the FF Officers.

7.2.6.4 immediately inform FF, in writing, each time a power of attorney is exercised and provide written details of any acts undertaken.

7.3 When FF provides FF Officers, FF shall be entitled to take any steps, which it may in its absolute discretion think fit to protect the interests and / or assets of the Entity and at the cost of the Clients or the Entity including the obtaining of professional advice as FF may consider necessary.

8. Requests and Instructions

8.1 The Clients on behalf of themselves and the Clients' Appointees and the Entity agree to provide all requests or instructions to FF in writing by letter or facsimile and FF shall only consider such requests or instructions when signed by all the Clients or the Managing Agent or, with the prior written consent of FF, when they are made by encrypted email sent by the Managing Agent.

8.2 The Clients acknowledge that FF is bound by regulatory and other obligations under laws and regulations of the jurisdiction in which the Services are provided, the jurisdiction of incorporation or establishment of the Entity and / or the jurisdictions where the Entity undertakes business and agree that any action undertaken by FF or the FF Officers in order to comply with those laws or regulations shall not constitute a breach by FF or the FF Officer's of their obligations hereunder.

8.3 FF shall not be required to take any action, which it considers to be unlawful or improper or which it believes may be detrimental to it, the FF Officers, or the Entity.

8.4 Where permitted under these Conditions of Commerce or if instructions are requested by FF from the Clients or the Clients' Appointees and no instructions have been received by FF within 30 days of such a request being made, or where the urgency of the matter requires action within a shorter period, FF may immediately and with no liability to the Clients, the Clients' Appointees or the Entity take no further action in relation to a particular matter or take such other action as they shall in their absolute discretion consider appropriate or as they may be advised.

and

The Clients irrevocably agree that, if the Entity is a limited liability company and the FF Officers are members or officers of that company, or the Entity is a Partnership and the FF Officers are members of that partnership, or the Entity is a trust and the FF Officers are trustees or protectors of that trust, FF may, without being obliged to give notice to the Clients or the Clients' Appointees, take such steps as they shall in their absolute discretion consider appropriate which shall without prejudice to the generality of the foregoing include having the Entity struck off, dissolved or liquidated; or resigning all or any of the FF Officers; or transferring all or any of the shares, capital or assets or liabilities of the Entity into the name of the Clients; or appointing the Clients as a director, officer, manager, trustee or protector of the Entity; or take such other action as they shall in their absolute discretion consider appropriate or as it may be advised.

9. Payment of Fees

9.1 When the Entity is not a trust or a foundation, the legal ownership of the Entity shall not pass to the Clients until payment in full of all fees, including government duties and taxes, has been received by FF. No refunds are given after an order has been processed and no refunds will be made where FF ceases to provide the Services, especially for non-delivery of required documentation by the client, in specified time.

9.2 FF will not provide Services until FF has received, in full, all fees and disbursements payable in relation to the Entity or the provision of the Services, and in case of a need for an additional fees and service charges it is the Client’s full responsibility to remit these upon request.

9.3 The Clients hereby irrevocably authorizes FF to withdraw from any sums held on any account managed by FF or otherwise held by FF, on behalf of the Clients and / or the Entity any monies required to discharge any fees or expenses, including any government fees, duties, taxes or penalties, payable to or by FF or the Entity.

9.4 Fees are stated in FF's Fee Schedule, published from time to time, or as may be notified to or agreed with Clients.

9.5 Where any fees for Services remain unpaid for more than 90 days, FF may at its discretion immediately terminate the Services, and / or obtain payment from any assets of the Entity and / or the Clients. In such circumstances, FF reserves the right to treat these Conditions of Commerce as terminated without further obligation, save as to any continuing covenant, obligation or undertaking given by the Clients or the Clients' Appointees to FF, and to act pursuant to the provision of Paragraph 8.4 of these Conditions of Commerce.

9.6 Unless otherwise agreed in writing with the Clients, FF will not pay any interest on any monies held by FF on behalf of the Entity and / or the Clients and / or the Clients' Appointees.

9.7 FF and its associated companies, their officers, agents and employees shall be entitled to retain any third-party commission or fee which is paid or may become payable to it notwithstanding that such commission or fee is payable as a direct or indirect result of FF providing the Services or otherwise in relation to the Entity.

9.8 Should FF cease to provide Services or should the Clients advise FF that they no longer require the Entity, the Clients must pay to FF any fees or costs which may be incurred by FF in relation to the striking off, dissolution, liquidation or transfer of the Entity (including FF's minimum transfer or termination fee).

9.9 In the event that the Clients shall request FF to transfer the management or administration of the Entity or should FF request the Clients to transfer the management or administration of the Entity to another agent or Corporate Service Provider, FF shall not be obliged to transfer the Entity until all outstanding fees (including government fees, duties, taxes and other third party disbursements together with FF's transfer or termination fees) have been paid in full.

9.10 Where the Clients make part payment to FF of any fee note or invoice rendered by FF, FF reserves the right to apply any monies received in firstly discharging its professional fees and only thereafter in payment of any government fees, duties charges or taxes or other payments to third parties.

10. Confidentiality and Data Protection

10.1 FF undertakes to the Clients that where the Clients, the Clients' Appointees or the Entity deliver to FF confidential information it will use all reasonable endeavors to keep it confidential. FF in accordance with its statutory obligations protects personal information and personal data from unauthorized access, use or disclosure.

10.2 In the course of providing the Services, FF collects personal information and personal data concerning the Clients, the Clients' Appointees and the Entity and uses this personal data and information to facilitate the provision of the Services and, may from time to time, use such data and information to provide information, reference notes, guidelines, advice or for marketing information concerning the Services and for providing such other information as FF may from time to time make available.

10.3 FF reserves the right to treat the obligations of confidentiality and privacy in Paragraphs 10.1 and 10.2 as not applicable and may disclose to third parties confidential or personal information and data when they are obliged so to do by law, or when required by third parties in order for FF to provide the Services or when FF has been unable to obtain the Clients or Managing Agents instructions and it appears to FF to be in the best interests of the Clients and / or the Clients' Appointees and / or the Entity to provide such confidential or personal data to third parties.

10.4 Except otherwise where permitted by these Conditions of Commerce any personal information and data collected is used only for these purposes and is never sold, lent, leased or otherwise distributed outside FF Worldwide. The Clients and the Clients' Appointees accept that this may mean that personal information may be transferred to countries that do not provide adequate protection of data in accordance with Article 26 (1) of the EU Directive 95 / 46 / EC on the protection of individuals with regard to the processing of personal data and on the free movement of such data.

10.5 Without prejudice to the duty of confidentiality, FF reserves the right to act for other clients (including competitors of the Entity, the Clients or the Clients' Appointees).

10.6 Any report, letter, information or advice FF gives to the Clients, the Clients' Appointees or the Entity is given in confidence solely for the purposes of providing the Services and is provided on condition that the Clients and the Clients' Appointees will not without FF's prior written permission disclose to any third-party, other than to their lawyers or accountants or other professional advisers, any confidential or other information made available by FF.

10.7 Notwithstanding any provision hereof, FF shall be entitled and is hereby irrevocably authorized to open, read and copy all correspondence, letter, facsimile, email or other communication received by it in relation to the provision of the Services or the Entity, the Clients or the Clients' Appointees.

11. Termination of Services

11.1 FF shall be entitled by written notice to cease to provide the Services, if:

11.1.1 The Clients or the Clients' Appointees in the reasonable opinion of FF fail to observe to the fullest extent these Conditions of Commerce;

11.1.2 It comes to the attention of FF that the Entity is being used for activities which were not referred to in the application delivered by the Clients to FF or as subsequently advised and accepted in writing by FF;

11.1.3 In the event of the death of Clients, including in the case of joint persons, the death of any one person, and the Clients fail or have failed to make adequate provision for the disposition of the affairs and the client ship of the Entity;

11.1.4 In the event that any legal proceedings are commenced against the Entity, the Clients or the Clients' Appointees (including any injunction or investigative proceedings).

11.2 In any of the circumstances described in Paragraph 11.1 above, FF reserves the right to take action pursuant to Paragraph 8 and to treat these Conditions of Commerce as terminated without further liability on the part of FF.

11.3 FF may at its discretion cease to provide the Services upon giving to the Clients or the Managing Agent 45 day’s written notice of its intention so to do.

11.4 FF may by written notice to the Clients, the Clients' Appointees or the Managing Agent immediately cease to provide the Services where the Clients or the Clients Appointees shall breach the provisions of Paragraphs 2 or 3 of these Conditions of Commerce.

11.5 The Clients and the Clients' Appointees for themselves as agent for and on behalf of the Entity acknowledge, following the cessation of Services, that FF may have continuing regulatory / fiduciary duties under any applicable law. Accordingly, without prejudice to FF's rights, FF may (but is not obliged to) continue to provide Services in order to discharge such duties and FF shall be entitled to charge fees at its applicable rate for the provision thereof.

12. Interpretation

In providing the Entity and / or the Services, FF does not, nor is it to be interpreted as though it does in any manner sanction, advocate or approve, directly or indirectly, the commission of any act or any omission by the Clients, or the Clients' Appointees or the Entity, or any person, firm or corporation in any jurisdiction or the use of the Entity or the Services for any purpose.

13. Notice

Any notice given pursuant to these Conditions of Commerce shall be in writing and shall be sufficiently given to any party if sent in a letter by courier to the address last notified by the address, by facsimile transmission or by electronic mail to the address of such party last notified in writing to the other or to the correct facsimile number or electronic mail address of the addresses and shall be deemed duly served, in the case of a notice delivered by courier, at the time of first attempted delivery and in the case of a facsimile transmission or electronic mail, if sent during normal business hours, in the country of the addresses then at the time of transmission and otherwise then on the next business day.

14. Miscellaneous

14.1 These Conditions of Commerce supersede all prior Conditions of Commerce and agreements whether oral or written.

14.2 No exercise or failure to exercise or delay in exercising any right or remedy by FF pursuant to these Conditions of Commerce shall constitute a waiver by FF of that or any other right or remedy.

14.3 Nothing in these Conditions of Commerce shall create or be deemed to create the following relationships between FF and the Clients or the Clients' Appointees or the Managing Agent:

14.3.1 partnership, or

14.3.2 employment, or

14.3.3 joint venture.

14.4 Words imputing the masculine gender shall include the feminine and words imputing the singular shall include the plural and vice versa.

14.5 It is understood that with the placement of an order with FF, the client already accepts these Conditions of Commerce to their full extent and without reservations.

15. Law

Unless otherwise agreed in writing between the Clients and FF, these Conditions of Commerce shall be governed by and construed in accordance with the laws of the Isle of Man and the Clients, the Clients' Appointees and the Managing Agent hereby submit to the exclusive jurisdiction of the Courts in the United Kingdom.

We reserve the right to change the fees without notice.