RECEIVER’S LETTERHEAD
IRREVOCABLE MASTER DISBURSEMENT & PAYMENT AGREEMENT (IMDPA)
TO: BB BIOPOWER LTD DATE: 10th October 2024
TRANSACTION CODE: BB BIOPOWER-UNITED EDDY /MT103- 695M/20241010 QR CODE
TRANSFER CODE: UBS089235018545
IRREVOCABLE PAYMENT GUARANTEE LETTER SWIFT MT103 TRANSACTION
RECEIVER BANK NAME HSBC PRIVATE BANK(SUISSE)SAGENEVA
RECEIVER BANK ADDRESS QUAI DES BERGUES 9-17,1201 GENEVA , SWITZERLAND
RECEIVER BANK SWIFT CODE BLICCHGG
RECEIVER ACCOUNT NAME UNITED EDDY COMPANY LIMITED
RECEIVER ACCOUNT IBAN NO. CH6908689509M6660090G
TRANSACTION CODE BB BIOPOWER-UNITED EDDY /MT103- 695M/20241010
TRANSACTION DATE 22.07.2024
TOTAL AMOUNT 695,000,000.00 Euro
COMPANY NAME UNITED EDDY COMPANY LIMITED
REPRESENTED BY MR AMMAR YOUSAF M. NAGHI
PASSPORT NO. W153667/KINGDOM OF SAUDI ARABIA
TRANSACTION TYPE MT103
This letter serves as notification that I, MR AMMAR YOUSAF M. NAGHI with PASSPORT NO. W153667 with full legal and
corporate authority will honor the following on behalf of the “UNITED EDDY COMPANY LIMITED” regarding the MT103
cash transfer sent via TRANSACTION CODE BB BIOPOWER-UNITED EDDY /MT103- 695M/20241010 and TRANSFER CODE:
UBS089235018545
I, MR AMMAR YOUSAF M. NAGHI have confirmed with my banker that we have identified the fund of € 695,000,000.00
(SIX HUNDRED NINTY FIVE MILLION EURO) on the 22.07.2024, BANK account the swift copy provided.
I, MR AMMAR YOUSAF M. NAGHI hereby confirmed with my bank officer that we are READY, WILLING AND ABLE (RWA)
to receive and make payment against the above said FUND AMOUNTING TO €695,000,000 (SIX HUNDRED NINTY FIVE
MILLION EURO) transferred to our company Account Name: UNITED EDDY COMPANY LIMITED And Account Number:
2U00946 being referred to as “PARTNERSHIP AGREEMENT ON INVESTMENT AND FINANCIAL CO-OPERATION” banking details
for the Investment as per above said MT103 Transfer.
I, MR AMMAR YOUSAF M. NAGHI hereby confirmed with my banker that once “OUR BANK” has received the fund, they
will send this BANK ENDORSED PAYMENT GUARANTEE LETTER (PGL) to the nominated accounts bank officer in this PGL
by officially bank secure email and one soft copy to sender.
Bank Manager name: XXXX
Bank Manager name: XXXX
Bank officer tell: XXXXXX
Bank web site: XXXXXXX
Beneficiary group E-mail: XXXXXXXXX
Will after due verification and confirmation, sender’s mandate, send S W I F T C O P Y the funds to the Receiver mandate
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
as Agreed.
I, MR AMMAR YOUSAF M. NAGHI on behalf of the “UNITED EDDY COMPANY LIMITED” hereby confirm with my banker
who ENDORSED this PGL, that once the swift has been successfully received, the payment will be made to all nominees
and payment receiving Beneficiaries as per this PGL with copies of transfer slips are released within 72 hours once and the
copies will be made available to you immediately.
I, MR AMMAR YOUSAF M. NAGHI on behalf of the “UNITED EDDY COMPANY LIMITED” hereby confirms that we WILL
NOT REQUEST FOR MT199/MT799, NO BANK OFFICER TO BANK OFFICER COMMUNICATION OR ANY OTHER REQUEST
OTHER THAN THE PROCEDURE AGREED UPON AND NO REQUEST OF ANY EXTRA DOCUMENTS ONCE THE SWIFT IS
RECEIVED by the bank and is good enough to execute this Payment Guarantee Letter by Bank endorsement and hand sign
on blue ink to proof that it is sing and endorse genuinely.
Once funds are received, I, MR AMMAR YOUSAF M. NAGHI on behalf of the “UNITED EDDY COMPANY LIMITED” with full
corporate and financial responsibility hereby guarantee to issue payments for this PGL by sending USDT TO ERC-20
WALLETS INDICATED BELOW within 72 hours upon the fund has been remitted into our account.
The laws applicable to the parties agreed govern the present PGL. The courts having jurisdiction for matters relating to the
agreement shall have jurisdiction in respect of matters relating to the agreement. The present guarantee shall come into
force and shall take effect upon its signature.
This PGL (endorsed by Receivers Bank Officer) serves as IRREVOCABLE MASTER DISBURSEMENT & PAYMENT AGREEMENT
(IMDPA) on behalf of Receiver, UNITED EDDY COMPANY LIMITED to the Sender, which irrevocably honors and guarantee
your share of payment being as per Irrevocable Master fee protection Agreement, which is part of this PGL, hereby of the
total investment as per the instruction made in this PGL in against of the above Investment in our company. All transfer
instructions shall state: “funds are clean and clear, of non - criminal origin and are payable in cash immediately upon receipt
by beneficiary’s bank, same day value.” We do hereby irrevocably guarantee with full corporate responsibility and authority
and, under penalty of applicable perjury laws of We take full guarantee for the payout within 72 Hours immediately after
the above-mentioned amount will be credited in our account.
RECEIVER BANK NAME HSBC PRIVATE BANK(SUISSE)SAGENEVA
RECEIVER BANK ADDRESS QUAI DES BERGUES 9-17,1201 GENEVA , SWITZERLAND
RECEIVER BANK SWIFT CODE BLICCHGG
RECEIVER ACCOUNT NAME UNITED EDDY COMPANY LIMITED
RECEIVER ACCOUNT NO. CH6908689509M6660090G
TRANSACTION CODE BB BIOPOWER-UNITED EDDY /MT103- 695M/20241010
TRANSACTION DATE TO BE INSERTED
TOTAL AMOUNT 695,000,000.00 Euro
COMPANY NAME UNITED EDDY COMPANY LIMITED
REPRESENTED BY MR AMMAR YOUSAF M. NAGHI
PASSPORT NO. W153667/KINGDOM OF SAUDI ARABIA
TRANSACTION TYPE MT103
I, MR AMMAR YOUSAF M. NAGHI hereby swear and sign under penalty of perjury, that the information provided in this
PGL is accurate and true.
I made this affirmation this OCT 10TH, 2024.
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
IRREVOCABLE MASTER DISBURSEMENT & PAYMENT AGREEMENT (IMDPA)
I, the undersigned DIRECTOR /CEO OF UNITED EDDY COMPANY LIMITED, MR AMMAR YOUSAF M. NAGHI (hereinafter
referred to as the “Sender” of the present monetary resources) acting with full legal and corporate responsibility, hereby
irrevocably and unconditionally, without protest or notification, without prejudice, recourse, or delay guarantee to pay the
project funding sums entitled to each Project Developer’s below nominated Master Paymasters accounts listed on this
document, via sending USDT TO ERC-20 WALLET, at the time of each and every tranche of the transaction settlement with
INVESTOR, meaning simultaneously upon clearance of funds and receipt of credit to our account. This IMDPA is our
irrevocable pay order to the project developers, is and shall remain an integrate part of the referenced this PGL between
Receiver and INVESTOR.
This IMDPA shall remain in effect until this transaction, including any renewals, extensions and additions are fully completed.
ARBITRATION: All disputes and questions whatsoever which arises between the Investor, Receiver and/or
beneficiaries/Project Developers to this Agreement and touching on this IMDPA on the construction or application thereof
or any account cost, liability to be made hereunder or as to any act or way relating to this Agreement, shall be settled by
the arbitration in accordance with the arbitration laws of the ICC.
This IMDPA contains the entire agreement and understanding concerning the subject matter hereof and supersedes and
replaces all prior negotiations and proposed agreements, written or oral. Neither of the Parties may alter, amend, nor
modify this IMDPA, except by an instrument in writing signed by both Parties and recipients of funds. This IMDPA will be
governed by and construed in accordance with the laws of United Kingdom. If either Party and/or Recipient(s) of funds
shall be required to bring any legal actions against the Pay or in order to enforce any of the terms of this IMDPA the
prevailing party shall be entitled to recover reasonably attorney fees and costs.
This IMDPA, if transmitted by facsimile or electronic mail, shall be considered an original, legally enforceable document.
Generally recognized International Standards of Non-Circumvention & Non-disclosure (NC/ND) are applicable for a period
of Five (5) Years from the date of this document or the last date of this PGL, including any renewals, extensions and
additions that are fully completed / signed /sealed and we agree to respect those.
We hereby declare that we are fully aware that the information received from you is in direct response to our request and
is not in any way considered or intended to be a solicitation of funds of any sort, or any type of offering, and is intended
for our general knowledge only. We hereby affirm, under penalty of perjury, that we have requested information from
you and your organization by our choice and free will, and further that you have not solicited us in any way. And, project
developers and master paymasters are NOT Advisors of any Kind.
Parties to this IMDPA are independent agreed and all contemplated payments and/or disbursements hereunder are divided
interests. Nothing in this IMDPA construes or creates a partnership or employer/employee relationship between or among
the Pay or and recipient(s) of funds here to. All taxes, federal, State, or other is the independent responsibility of each of
the recipient party hereto.
The above stated codes and any other identification codes shall remain the same and shall not be changed until this
transaction including any renewals, extensions and additions are fully completed and we agree to respect those.
THIS IRREVOCABLE PAY ORDER / IMDPA WILL COME INTO EFFECT WITHIN 24 (TWENTY-FOUR) HOURS AFTER BOTH
PARTIES HAVE EXECUTED THE AGREEMENT AND ONLY AFTER THE INVESTOR’S BANK HAVE MADE THE RELATED TRANSFER
OF INVESTMENT FUNDS TO RECEIVER’S/PAYOR’S BANK ACCOUNT. ALL SWIFT MT103 WIRE TRANSFERS TO BE MADE
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
HEREUNDER WILL BE MADE IN EURO CURRENCY AND SHALL HAVE A SPECIAL MESSAGE ATTACHED TO IT AND READ:
“URGENT, THE SAME DAY VALUE AND CREDIT”, AS PER THE AGREED TERMS AND CONDITIONS IN THIS AGREEMENT AND
IMDPA, WHICH BANKING COORDINATES ARE AS FOLLOWS:
FOLLOWING BANK COORDINATES ARE THE DETAILS OF PAYMENTS / SWIFT COPIES TO BE MADE WITH BELOW DETAILS:
NOTE: BENEFICIARY CAN CHANGE ANY TIME HIS PROVIDED BANK ACCOUNT ON THIS PGL BY INFORMING THE RECEIVER
PRIOR TO PAYMENT.
PROJECT-1
RESERVE INVESTMENT TO RECEIVE TO 25% (TWENTY FIVE PERCENT) AMOUNTING TO €173,750,000 (ONE HUNDRED
SEVENTY-THREE MILLION SEVEN HUNDRED FIFTY EURO) OF PER TRANCHE OF FACE VALUE-WITH ROLLS AND EXTENSIONS
BANK CO-ORDINATES AND USDT WALLET WHERE OF PAYMENT TO BE FORWARD TO:
PAYMASTER
AMOUNT TO BE PAID EURO 173,750,000.00 IN USDT(ERC-20)
REPRESENTED BY
TITLE
CONTACT INFORMATION
PASSPORT NUMBER
NATIONALITY
BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT NO.
SWIFT CODE
PERSONAL BANKER
BENTOEFICIARY GROUP
BANK TELEPHONE /FAX
SPECIAL WIRE INSTRUCTIONS
USDT WALLET ADDRESS(ERC-2020)
PROJECT-2
RESERVE INVESTMENT TO RECEIVE TO 25% €173,750,000 (ONE HUNDRED SEVENTY-THREE MILLION SEVEN HUNDRED FIFTY
EURO) OF PER TRANCHE OF FACE VALUE-WITH ROLLS AND EXTENSIONS BANK CO-ORDINATES AND USDT WALLET WHERE
OF PAYMENT TO BE FORWARD TO:
PAYMASTER
AMOUNT TO BE PAID EURO 173,750,000.00 IN USDT(ERC-20)
REPRESENTED BY
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
TITLE
CONTACT INFORMATION
PASSPORT NUMBER
NATIONALITY
BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT NO.
SWIFT CODE
PERSONAL BANKER
BENTOEFICIARY GROUP
BANK TELEPHONE /FAX
SPECIAL WIRE INSTRUCTIONS
USDT WALLET ADDRESS(ERC-20)
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
I, MR AMMAR YOUSAF M. NAGHI, representatives, agents and assigns in all countries of the world, and is non-
separable/integral part of the above referenced Transaction Code No. BB BIOPOWER-UNITED EDDY /MT103-
695M/20241010 This IMDPA shall be lodged into both transaction banks together with this PGL, and a copy of it will be
forwarded to each coordinating Master Paymaster by e-mail.
I, MR AMMAR YOUSAF M. NAGHI , FURTHER DECLARES THAT "FUNDS ARE GOOD, CLEAN, CLEARED AND OF NON-
CRIMINAL ORIGIN, ARE LIEN FREE AND UNENCUMBERED, HAS BEEN EARNED FROM SERVICES RENDERED AND FOR FREE
INVESTMENT PURPOSES, ARE PAYABLE IN CASH AND IN FULL AMOUNT.
I AGREE TO THE PRESENT IRREVOCABLE MASTER DISBURSEMENT & PAYMENT AGREEMENT (IMDPA) IN ITS ENTIRETY.
This IMDPA, once executed by both Parties, will become effective as of the date first written above. And official notice(s)
exchanged by the parties hereto, shall be sent to the first mentioned address(s) and/or e-mail addresses provided herein
or as may be attached by addenda hereto. A facsimile or electronically transmitted copy of duly signed Agreement and
IMDPA by both Parties shall be deemed original.
COMPANY: UNITED EDDY COMPANY LIMITED
REPRESENTED BY: MR AMMAR YOUSAF NAGHI
TITLE: DIRECTOR/CEO
PASSPORT №.: 569482696
ISSUE DATE: 26.12.2017
EXPIRY DATE: 26.12.2027
COUNTRY OF ISSUE: USA
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
I, MR AMMAR YOUSAF M. NAGHI hereby swear and sign under penalty of perjury, that the information provided in this PGL
is accurate and true.
I made this affirmation this 10, OCT, 2024
TRANSACTION CODE: ………………………
BANK OFFICER 1
**ENDORSEMENT & CONFIRMATION BY XXXXXXX XXXXXXXXXXXXXX
**SIGNATURE AND STAMP OF XXXXXXXXXXXXXXXXXX
**WET BLUE INK SIGN AND ACTUAL STAMP WITH OFFICERS PIN
**NAME OF BANK SENIOR OFFICER:
**TITLE:
**PIN:
**BANK OFFICER PHONE NUMBER:
**BANK OFFICER EMAIL:
**DATE:
TRANSACTION CODE: BB BIOPOWER-UNITED EDDY /MT103- 695M/20241010
BANK OFFICER 2
**ENDORSEMENT & CONFIRMATION BY XXXXXXX XXXXXXXXXXXXXX
**SIGNATURE AND STAMP OF XXXXXXXXXXXXXXXXXX
**WET BLUE INK SIGN AND ACTUAL STAMP WITH OFFICERS PIN
**NAME OF BANK SENIOR OFFICER:
**TITLE:
**PIN:
**BANK OFFICER PHONE NUMBER:
**BANK OFFICER EMAIL:
**DATE:
TRANSACTION CODE: BB BIOPOWER-UNITED EDDY /MT103- 695M/20241010
In accordance with Articles 2 (two) through to 5 (five) of the Due Diligence Convention and the Federal Banking
Commission Circular of December 1998, concerning the prevention of money laundering, and Article 305 of the Swiss
Criminal Code, all the above said information may be supplied to banks and/or other financial institutions for the
purpose of verification of identity and activities of the principal, and the nature and origin of the funds that are to be
utilized. All parties have an obligation for professional discretion and to take all appropriate precautions to protect the
confidentiality of the information each holds in respect of the others’ activities. This legal obligation shall always remain
in full force and effect. The funds are in full compliance with the anti-money laundering policies set forth by the Financial
Action Task Force (FATF) 6/01.
COMPANY: UNITED EDDY COMPANY LIMITED
REPRESENTED BY: MR AMMAR YOUSAF M. NAGHI
TITLE: DIRECTOR/CEO
PASSPORT №.: W153667 KINGDOM OF SAUDI ARABIA
ISSUE DATE: 12 SEPT 2018
EXPIRY DATE: 26 MAY
2028
COUNTRY OF ISSUE: KINGDOM OF SAUDI ARABIA
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
I, MR AMMAR YOUSAF M. NAGHI, hereby swear and sign under penalty of perjury, that the information provided in
this PGL is accurate and true. I made this affirmation 10, 10, 2024
I AGREE TO THE PRESENT IRREVOCABLE MASTER DISBURSEMENT & PAYMENT AGREEMENT (IMDPA) IN ITS ENTIRETY.
This IMDPA, once executed by both Parties will be effective as of the date first written above and any official notice(s)
exchanged by the parties hereto, shall be sent to the first mentioned address(s) and/or mail address provided here in
or as may be attached by addend hereto. Facsimile or electronically transmitted copy of duly signed Agreement and
IMDPA by both Parties shall be deemed original.
SIGNATURES OF THE PARTIES
As free expression of my will, I hereby affix below my signature on this document. A facsimile and/or e-mail copy of this
document, and any other related documents, shall be all deemed equally valid as the original of this document.
AGREED AND ACCEPTED FOR AND ON BEHALF OF PARTY-A AND PARTY-B:
PARTY-A, INVESTOR: PARTY-B, PROJECT MANAGER/RECEIVER:
BB BIOPOWER LTD UNITED EDDY COMPANY LIMITED
REPRESENTED BY: Mr. MATTHIAS HERRMANN- REPRESENTED BY: MR AMMAR YOUSAF M. NAGHI
CHIRANI
PASSPORT NUMBER: C22NG5CPZ, DEUTSCHLAND PASSPORT NUMBER: W153667
DATE OF ISSUE: 07-10-2021 DATE OF ISSUE: 12.09.2018
DATE OF EXPIRY: 06-10-2031 DATE OF EXPIRY: 26.05.2028
COUNTRY OF ISSUE: DEUTSCHLAND COUNTRY OF ISSUE: KINGDOM OF SAUDI ARABIA
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
THIS PAGE INTENTIONALLY LEFT BLANK
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
PASSPORT COPY OF SENDER
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
CERTIFICTE OF INCORPORATION OF SENDER
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
PASSPORT COPY OF RECEIVER
RECEIVER INITIALS: BANK SIGN AND STAMP:
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RECEIVER’S LETTERHEAD
CERTIFICTE OF INCORPORATION OF PAYOR
***** THE END OF THE AGREEMENT *****
RECEIVER INITIALS: BANK SIGN AND STAMP:
Page 12 of 12
