Stock company Fogot (FOGOT AS), hereinafter referred to as the AGENT, on behalf of CEO Olga Goldshleger, acting under authority of Charter on the one hand and any private or legal entity, which accepts clauses and provisions of this Agreement and conducts compulsory activities, stipulated in the Agreement, hereinafter referred to as the Customer on the other hand, reached the Agreement on the following:

1. Subject of Agreement
The Customer authorizes, while the Agent conducts (for remuneration) on its behalf and on expense of the Customer legal and factual deeds aimed on rights transfer to the Customer by third parties (or vice versa) for use of WebMoney currency notes, being a nominal equivalent to EUR.

2. Terms and provisions of Agreement
The parties agreed to employ following below listed terms with the corresponding definition both in frames of this particular agreement and in course of correspondence:
  - 'WME' - WebMoney currency notes - nominal equivalent of EUR.
  - 'Exchange of EEK into WME', 'exchange of EUR into WME' - are the Agent's activities for transferring rights of usage of WebMoney system currency notes, being a nominal equivalent of EUR, from the third parties to the Customer.
  - 'Exchange of WME into EEK', 'exchange of WME into EUR' - are the Agent's activities for receiving from the Customer and transferring rights of usage of WebMoney system currency notes, being a nominal equivalent of EUR, to the third parties.
  - 'Third parties' - companies PAYMER LIMITED; EMMITT MERCHANT LIMITED; AMSTAR HOLDINGS LIMITED; GERMEX GROUP LLC; TECHNO ASSOCIATION S.A.; WINDSOR TECHNOLOGIES LLC, as the main rights holder on WME along with other entities, which had received rights on usage of WME from the Company by corresponding contracts.

3. Rule of norm and amount of Agreement
  3.1. Transfer of amounts by the Customer to the Agent means entire and unconditional acceptance of provisions stipulated in this Agreement.
  3.2. The amount of the Agreement, including Agent's commission, is understood as the amount of received payment.
  3.3. The Agreement obtains validity in case of completed transaction of the Agreement amount from the Customer to the Agent.
  3.4. The Agreement receives unique number, which corresponds to Customer's E-purse number. Date of signing the Agreement is the date of transferring agreement amount from Customer to Agent.

4. Conditions of exchanging EEK into WME
  4.1. The Customer transfers EEK to Agent's account, indicating in the details of payment E-purse number, surname and name from WM-passport.
  4.2. The Agent possesses non-consensual lien on its commission charges in amount of 4% and conducts exchange of balance amount into WME. The parties agreed that cross-rate of EEK to WME is 15.67350.
  4.3. The Agent possesses non-consensual lien for the benefit of WebMoney system on the its commission charges for transaction execution in amount of 0,8% (though not more than 50 WME) out of the amount remained after exchange and transfers the balance according to WM account details, provided by the Customer in payment order.
  4.4. The Agent describes amounts' exchange details along with taken commission charges in explanatory note pertaining to transaction send to the benefit of the Customer.
  4.5. The sum of payments from one at the same person or for one at the same WMID cannot exceed 200 000 EEK per day.
  4.6. The minimum limit for the exchange is 25 EEK. The maximum limit for the exchange is 190 000 EEK.

5. Conditions of exchanging WME into EEK
  5.1. The Customer forwards WME to Agent's purse E334760951518 by means of payment against invoice issued by the Agent or through the system of instant transactions Merchant WM Transfer. The Agent has just cause and is obliged to consider the account details, contained in paid invoice or received through system Merchant WM Transfer, as the property of the Customer and should execute EEK transfer exactly according to those banking details.
  5.2. The Agent possesses non-consensual lien on its commission charges in amount of 4% out of received amount and conducts exchange of balance into EEK. The parties agreed that cross-rate of EEK to WME is 15.62000.
  5.3. The Agent possesses non-consensual lien on EEK out of amount remained after exchange, surcharged by the Agent's bank for transaction execution, and forwards the balance to the Customer's banking details, indicated in paid invoice or received through the system Merchant WebMoney Transfer.
  5.4. The Agent indicates No. and signing date of the Agreement in accordance with p.3.4, and describes amounts' exchange details along with taken commission charges in explanatory note pertaining to transaction send to the benefit of the Customer.
  5.5. The sum of transactions for one at the same person or from one at the same WMID cannot exceed 12 500 WME per day.
  5.6. The minimum limit for the exchange is 2 WME. The maximum limit for the exchange is 12 500 WME.

6. Conditions of exchanging EUR into WME by banking transfer
  6.1. The Customer forwards properly filled request to the Agent and receives message, containing the Agent's banking details for filling in the international payment order.
  6.2. The Customer forwards to the Agent the amount in EUR for the exchange, indicating its E-purse number in payment order designation. The Agent obliges to transfer WME to this account. In the payment order, the Customer should indicate either condition of shared covering of expenditures on transaction or covering on originator expense.
  6.3. In case of shared covering of expenditures, the Agent's bank deducts 6 EUR out of received amount as payment for incoming international order.
  6.4. The Agent deducts its remuneration in amount of 4%, WebMoney system commission in amount of 0,8% (though not more than 50 WME) out of exchangeable amount and forwards the balance to the E-purse number, provided in payment order.
  6.5. The sum of payments from one at the same person or for one at the same WMID cannot exceed 12 500 EUR per day.
  6.6. The minimum limit for the exchange is 20 EUR. The maximum limit for the exchange is 12 500 EUR.

7. Conditions of exchanging WME into EUR by banking transfer
  7.1. The Customer forwards properly filled request to the Agent and receives invoice, which contains Customer's banking details and exact amount in EUR to be received.
  7.2. The Customer transfers WME to the Agent's purse E334760951518 by payment against invoice produced by the Agent. The Agent has just cause and is obliged to consider the banking details, contained in paid invoice as the property of the Customer and should execute EUR transfer exactly according to those banking details.
  7.3. The Agent possesses non-consensual lien on its commission charges in amount of 4% of received amount.
  7.4. The Agent deducts 7 EUR out of exchanged amount (in case of shared covering of expenses on transaction), which are surcharged by the Agent's bank for execution of payment, and forwards the balance to Customer's banking details indicated in paid invoice under condition of shared covering of expenses on transaction.
  7.5. The Agent indicates No. and signing date of the Agreement in accordance with p.3.4.
  7.6. The sum of transactions for one at the same person or from one at the same WMID cannot exceed 12 500 WME per day.
  7.7. The minimum limit for the exchange is 20 WME. The maximum limit for the exchange is 12 500 WME.

8. Terms and validity of agreement
  8.1. The Agreement is valid since moment of signing in accordance with p.3 and until entire execution of Agent's obligations under this agreement.
  8.2. Term of agreement is 48 hours. Weekends and banking holidays should not be taken into account.
  8.3. Date of agreement execution is the date of Agent's transaction of amount stipulated in this Agreement.
  8.4. In exceptional instances, the Agent is authorized for unilateral prolongation of agreement term for the period up to 72 hours with notification of the Customer on circumstances, which are the reason for such situation.

9. Special terms
  9.1. In case the Customer had given incorrect banking details and Agent's bank or WebMoney system refuse to execute the payment (transaction) according to them, the Agent should advise the Customer and provide safety of amounts sent by the Customer until total clarification of circumstances. In this case, the Agent is relieved from any obligations in terms of the compliance with Agreement provisions.
  9.2. The Agent has a right to ask the payment conformation from the Customer.
  9.3. In the case of disfigurement of the contract's conditions while executing the payment or existence of other valid doubtful points concerning the validity of payment the due date can be prolonged till the elucidation of all cicurmstancies.
  9.4. The Agent is authorized on its own disposal to decrease the commission charges rates both for certain category of customers and for the certain time period.
  9.5. A person using the services of Fogot AS the first time shall submit an application and a copy of personal or registration document before making an exchange. Term of exchange for new customer is calculated from the moment of last event coming from the following: submission of requested documents or receipt of sum for exchange.
  9.6. In case of making cash payment in amount exceeding 6 000 EUR (or equivalent in any other currency) the Customer shall submit to the Agent the Declaration on origin of funds.
  9.7. The Customer can use only own purse.

10. Extraordinary cancellation of the agreement.
  10.1. The Customer has the right to refuse from participating in the Agreement and demand the return of Agreement amount except certain expenses of the Agent. The Customer according to the Agreement might use such right only before the Agent completed transaction.
  10.2. Upon a good reason, the Agent is entitled to unilaterally and promptly cancel the Agreement if the Customer breaches contractual obligations fundamentally.
  10.3. The following circumstances are considered as a good reason:
  10.3.1. in identifying the person or in the performance of other due diligence requirements pursuant to law, the person or the legal person related to him/her has submitted to the Agent incorrect or insufficient data or documents or refuses the submission and updating thereof;
  10.3.2. the person or a legal person related to him or her has not presented to the sufficient data or documents required by the Agent in order to identify himself or herself or to certify the legal origin of his or her financial resources or if the presented documents and data do not eliminate the Agent's suspicion of possible connections between the Customer's business activities and illegal transactions or money laundering or terrorist financing;
  10.3.3. the document presented to the Agent by the person bears elements of forgery or does not conform to the requirements of the Agent for any other reason;
  10.3.4. the Agent suspects the person of money laundering or terrorist financing or the Agent has doubts about the use of front men by the Customer in performing transactions;
  10.3.5. some other cases provided by law.

11. The obligation of parties and arbitration
  11.1. All financial losses resulted due to wrong indication of banking or net details by the Customer, should be considered the Customer's fault.
  11.2. The parties agreed that the following Agreement and procedure of its execution could not be in any way (let it be even indirectly) associated with any other contracts or obligations of the Customer.
  11.3. Disputes between parties of the Agreement should be solved in any, mutually chosen, non-judicial order.

11. Agent banking details

FOGOT AS, Narva mnt 38, Tallinn, Estonia, 10150
Reg. # 10225817
acc. 333001320003, IBAN: EE433300333001320003, SAMPO PANK (DANSKE BANK A/S ESTONIA BRANCH)
PK 3438, Tallinna Peapostkontor, Tallinn, Estonia
Net details: WMID767985338884, E334760951518, e-mail:exchange@fogot.ee