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    Insurance Bond

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    kennethbclaud

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    © All Rights Reserved
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    Insurance Bond

    Uploaded by

    kennethbclaud
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    Insurance Bond

    Uploaded by

    kennethbclaud

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    © All Rights Reserved
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    JEAN-MICHEL BARTHELEMY FinAid Insurance Company Limited

    17 RUE D'ESTIENNE D'ORVES, Killian St SE, Atlanta, GA 30312, United States of America
    92250 LA GARENNE-COLOMBES (404) 900 4385
    FRANCE http://www.finaidinsurance.com/

    Dear Jean-Michel Barthelemy,

    Preliminary due diligence matter has now been completed and we are pleased to offer the following proposal for your
    acceptance, for your Financial Guarantee Bond needs. Acceptance and execution of this proposal shall officially authorize
    FinAid Insurance Company Limited to conclude the necessary required application and issue the bond in favor of your
    Company. The proposal has been approved by our internal credit committee.

    TERM SHEET/PROPOSAL FOR: - JEAN-MICHEL BARTHELEMY


    DATED: 14TH MARCH 2018
    CLIENT REF: CB/FG/69-011214
    PASSPORT NUMBER: 14DP83701
    D.O.B: 22ND FEBRUARY 1949

    FINANCE DETAILS: -
    LOAN AMOUNT: €300,000,000.00
    CAPITAL GUARANTEE BOND FACE VALUE: €300,000,000.00
    CAPITAL GUARANTEE BOND TERM: FIVE (5) YEARS, RENEWABLE

    GUARANTEED PARTY (DEBTOR): - JEAN-MICHEL BARTHELEMY

    INDEMNIFIED PARTY (BENEFICIARY): - EQUITY FINANCE LIMITED


    ATTENTION: MR. BRIAN SMITH
    3393 PEACHTREE RD., NE
    ATLANTA, GA 30326
    UNITED STATES OF AMERICA
    DELIVERY MODE: ELECTRONIC MAIL & BONDED COURIER
    BOND DELIVERY WINDOW TIME: FIVE BUSINESS DAYS AFTER RECEIPT OF BOND COST
    TYPE OF SECURITIES: SECURITIES BACKED CAPITAL BOND GUARANTEE
    ISSUE DATE: 14TH MARCH 2018
    MATURITY DATE: 21ST MARCH 2018
    AMOUNT: €300,000,000.00
    (THREE HUNDRED MILLION EUROS)
    CURRENCY: EURO

    SECURITY FOR THIS GUARANTEE BOND €300,000,000.00 FINAID INSURANCE SECURITIES


    REGISTERED ON BLOOMBERG AND THE EUROCLEAR STOCK
    EXCHANGE AND US$2.1 BILLION CLIENT ASSETS VALUED BY US
    DEPARTMENT OF INTERIOR REPORTS.
    Bond Issue Procedure
    Investment Grade Asset-Backed Financial Guarantee Bonds
    Your KYC/CIS and supporting documents have been received, and FinAid Insurance Company Limited have completed
    preliminary due diligence to determine your suitability for the services requested. Your application is successful, and we
    are pleased to confirm that you qualify for the issue of our Irrevocable Asset-Backed Financial Guarantee Bond, and we
    make this Offer/Proposal to you.

    CB1. The Bond Premium Fee of €75,000.00 shall be paid according to the following terms and conditions:

    1. The approved live and valid Irrevocable Asset-Backed Financial Guarantee Bond will be sent to you by Electronic mail
    when we confirm your wire transfer receipt to cover the invoices for the Premium on the financial Guarantee bond.

    2. The cost of the Irrevocable Asset-Backed Financial Guarantee Bond, is .025% of the guarantee bond face value, to be
    paid prior to the closing of your transaction.

    The Asset-Backed Financial Guarantee Bond Premium is fully refundable should the proposed funding on the financial
    transaction not close, for any reason.

    CB2. Note that all your documents have been approved. We will send a copy of the live and valid Irrevocable Asset-
    Backed Financial Guarantee Bond to you and to your Lender by electronic mail after confirmation of Premium Payment.

    CB3. After you sign this document, you will provide us with a confirmed copy of the wire transfer to cover the invoices
    for the Bond Premium Fee in the amount of €75,000.00 as per CB1 above. Upon receipt of confirmation the original live
    and valid Irrevocable Asset-Backed Financial Guarantee Bond will be sent direct to your Lender by bonded courier.

    Signature: Asset Backed Financial Guarantee Bond Issue Procedure

    FinAid Insurance Company Limited Asset Backed Financial Guarantee Bond Issue; Applicant approval has
    been granted and will remain intact provided that:
     No material adverse change shall have occurred in the business, properties or financial condition of the bond
    applicant, any guarantor or any party related to the transaction, up to the date of the Irrevocable Financial
    Guarantee Bond issue. All required documentation has been received satisfactory to Guarantor. No additional
    information is requested other than receipt of this fully executed Term Sheet with acceptance of this Proposal
    prior to the expiration of this letter.

    FinAid Insurance Company Limited Asset Backed Financial Guarantee Bond Cost. First year: The cost of FinAid
    Insurance Company Limited Irrevocable Asset-Backed Financial Guarantee Bond is .025% for 5 Years, Renewable.

    Subsequent years; FinAid Insurance Company Limited Irrevocable Asset-Backed Financial Guarantee Bond for
    subsequent years shall be renewed on each anniversary date, if the Irrevocable Asset Backed Financial Guarantee Bond is
    renewed or extended for additional years. This Irrevocable Asset Backed Financial Guarantee Bond will be renewed each
    year up to the maximum Financial Guarantee Bond term of 5 years.

    The cost of the Irrevocable Asset-Backed Financial Guarantee Bond is .025% and is subject to market fluctuations for
    additional years.
    Prior to sending the approved live and valid Irrevocable Asset Backed Financial Guarantee Bond which will be sent via
    Electronic mail you need to send us a confirmed wire receipt to cover the invoices for the premium on the Financial
    guarantee Bond.

    Timelines
    Due diligence and Bond processing- The Standard Irrevocable Asset-Backed Financial Guarantee Bonds are issued live
    and valid within 5 business days.

    This transaction is considered Investment Grade.

    Should this Proposal and Bond Issue Procedure be accepted, please indicate so by executing it, have this document sent by
    Email. This proposal is valid until the close of business being 6:00 PM CET, 5 days from the date stated at page 1 herein.

    We must receive fully signed copy before expiry date if you wish to proceed.

    Signature Page

    Full Name: - ______________________________________

    Signature: - _________ ____________________________

    Date: - ________ ______________________________

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