MEMORANDUM OF

UNDERSTANDING
AND WORKING
AGREEMENT
BETWEEN
ABDULRAHMAN ABDULLAZ AL-MAHMOUD /HAMDAN AHMED MOHAMED
HUSAIN BUDEBES.
(ZAMIL GROUP HOLDING)

AND

Ms. Jazmyne Tan

LOANS CONTRACT
(MIV-2025-00428)
NON-CIRCUMVENTION
This agreement is made and entered into by and between

FIRST PARTY: ZAMIL GROUP HOLDING

REPRESENTED BY: ABDULRAHMAN ABDULLAZ AL-MAHMOUD /HAMDAN AHMED

ADDRESS: SALWA STREET OPPOSITE MEDMAC BRIDGE P.O.BOX. 22310, DOHA, QATAR.
/ FZE PLOT NO B047r03 NEAR GATE 9, JEBEL ALI FREE ZONE DUBAI UAE.

COUNTRY OF LENDER: QATAR / UAE

Hereinafter referred to as Lender

AND

SECOND PARTY

BENEFICIARY: Ms. Jazmyne Tan

REPRESENTED BY: Ms. Jazmyne Tan

ADDRESS:
COUNTRY:

PASSPORT NUMBER:

Hereinafter referred to as Borrower

Whereas the first party is an investment funding company and would like to offer as loan under
agreement the sum of: TWENTY THOUSAND UNITED STATES DOLLARS ONLY. To the
second party for project enumerated in their business plan already submitted to the lender

Whereas the second party is a proven company with integrity and clean track record and willing to
accept the loan.

Now therefore in consideration of the foregoing facts and the mutual representations and covenants
herein set forth the parties agrees as follows.

ARTICLE 1. RIGHTS GRANTED. In this agreement, the first party and their representatives hereby
willingly offer to the second party a loan for the purpose of business expansion via project.

ARITCLE 2. The second party accept the fund on a short or long term for the same purpose of
business expansion.

ARTICLE 3. DUTIES OF THE LENDER: To make available in clean funds the amount agreed by
the two parties

(b). To ensure that the borrower is legally entitled to receive funds and is duly certified by their
government.

(c). To ensure that the second party has not been convicted of any criminal offense or does not have a
history of financial misappropriation or belong to any outlawed organization.

(d). To ensure that the fund is clean funds with no criminal origin and method of transfer should be
bank to bank.
ARTICLE 4. DUTIES OF SECOND PARTY (BORROWER): The duties of the second parries

Under the terms and conditions of the contract shall be as follows.

(a). To endeavour to grant access to party A once in a year for inspection of progress made

(b). To ensure proper documentation of all transactions.

(c). To abide by all money laundering regulations in the country of residence and obey all rules as
enacted by the government.

(d). To refrain from any terrorism sponsorship.

ARTICLE 5: DURATION:

(a). The present agreement shall become effective only on the date the mobilized fund received in the
account of Party B (Borrower)

(b). After agreement has been signed and funds delivered to account of the borrower, there shall be no
termination of contract. Any breach from either side shall attract a penalty of one (1) percent (%)

(c). The party B has a grace period of ONE (1) YEAR. Within this period, party A (Lender) is not
entitled to any interest by must have access to information on progress report.

(d). The Borrower is expected to process the transfer of his/her approved loan within ONE (1) Month
from the day the money is made available for transfer by the lender.

ARTICLE 6. EXPIRATION AND CANCELLATION

(a). If the borrower fails to pay the lender the interest at the stipulated time for more than twice, the
lender has the right to cancel the contract and demand for his money back.

(b). The borrower can terminate this agreement any time by paying back the money in full to the
lender.

(c). If the borrower is in capable of paying the interest and unable to return the capital, the lender
has full right to terminate the contract and recover his funds through the international court of
justice. This applies too if the borrower becomes unproductive and reckless.
ARTICLE 7. NOTICE

(a) Any notice, demand, request, consents, approval, designation, specifications or change of
(b) business outside the business plan as submitted must be written and delivered personally or sent
(c) by registered mail to the lender.

ARTICLE 8. FORCE MAJEURE

(a). Noncompliance by either the borrower or the lender owing to force majeure with any ot the said
obligations shall not lead to termination of this agreement provided both parties has as soon as
possible under the circumstances notified the other party in a letter sent by registered mail of the
reason for noncompliance. Pursuant to this clause force majeure shall be deemed to be any
unforeseeable an irresistible event provoked by an external factor which constitutes an obstacle to
the performance of an obligation such as foreign or civil war, riots, act of public enemies, general
strikes, sabotage, piracy, fire, explosion, natural disasters, and act of local government and
parliamentary authority.

(b). The two parties shall interrupt the agreement for the period of such event until the activities
resume normally.
ARTICLE 9. GOVERNMENT LAW AND JURISDICTION

(a). All differences concerning the validity of the interpretation or the performance of the present

agreement shall be settle under the rules of the conciliation and arbitration of the international
chamber of commerce by a single arbitrator appointed in accordance with the said rules.

The seat of such arbitration shall be in the borrower's country and the language of the arbitration shall

be in English Language.

(b). This agreement shall in all respect be governed in accordance with the law of the country of the
borrower.

ARTICLE 10. INTEREST, CHARGES AND FEES.

(a). The interest payable by the borrower every year shall be TEN (10) PERCENT (%) of the loan
amount.

(b). Upon the successful transfer of the loan to the borrower's designated ban account, the borrower in
writing shall choose a loan repayment plan for both interest and capital that is most convenient to the,
e.g monthly payment plan, quarterly payment plan or annual payment plan, etc.
(c). The loan repayment plan shall be communicated to the lender in writing within 3/4 working days
upon the arrival of the loan to the borrower's designated bank account.

(d). This agreement shall be entered and notarized in DOHA - QATAR / DUBAI – U.A.E by a
qualified solicitor.

(e). This agreement must be legalized with a legalization fee of (US 2,000.00) because both lender and
borrower are from different countries.

ARTICLE 11: RECEIVING BANK ACCOUNT

(a). Borrower shall provide here the bank account details where the loan shall be transferred to.

1. Name of Bank:
2. Bank Address:

3. IBAN Code:

4. Swift Code
5. Account Name:

ARTICLE 12: MISCELLANEOUS PROVISIONS

(a). This agreement may be amended by the borrower and sent back to the lender for rectification.

(b). The Borrower shall nominate a next of KIN and provide to the board of director,
in a case of death or incapacitation that will bear both asset and liabilities.
(c). All references to years or month shall mean 2 years and 24 months respectively.
 Th
Executed this day 12 February, 2025
For the Lender: ZAMIL GROUP HOLDING.

Authorized Person: ABDULRAHMAN ABDULLAZ AL-MAHMOUD /HAMDAN AHMED

Authorized Person:

Designation:
Passport Number:

Country: