NVESTOX INC. TERMS & AGREEMENTS

The following Terms & Agreements apply to all investment/client accounts opened and maintained with Nvestox Inc.

1. THE PARTIES

This document “Nvestox Inc. Terms & Agreements”, hereafter referred to as the “Agreement”, is agreed between Nvestox Inc., with offices on 24th Floor West Tower, Bahrain Financial Harbour, PO Box 2674 Manama, Kingdom of Bahrain, hereafter referred to as Nvestox, and the person or party identified in the New Account Registration Form. In the case of a corporate account application, this is the person signing on the company’s behalf and who by registering acknowledges having power of representation for that company. This person is hereafter referred to as the “Client”. The “Client” is required to provide the necessary identification and in the case of company applications, the registration number.

2. THE CLIENT RELATIONSHIP AGREEMENT

2a. The Client Relationship Agreement is intended to simplify your relationship with the Nvestox. You are agreeing that its terms will apply to all your accounts, transactions and services while you are Nvestox client. When you open a new account or enroll in a service, we will provide you with the signature card and you have to sign, scan and return it to us. This means that your signature acts as your agreement to the terms of the new account or service. As a result, in many cases, you will not need to sign an additional account agreement or other form.

2b. In particular, you are agreeing:

(i) To arbitrate all controversies that arises between us.

2c. Amendments: You agree that the Nvestox has the right to amend this Client Relationship Agreement at any time by sending notice of the amendment to you. The amendment will be effective from the date contained in the notice.

3. COMMISSIONS AND FEES

3a. Fees: Nvestox charges a commission fee on each transaction, whether buying or selling shares. Individual and Joint Account holders will be subject to the following trading fees;

– All transactions up to the maximum value of $20,000.00 will be charged a fee of $50.00 per trade.
– All transactions exceeding $20,000.00 will be charged a fee equal to 0.25% of the trade value.
– The commission fee will be included on the Trade Confirmation and it is the responsibility of the Transfer Agent, notary public or solicitor handling the trade to remit these funds to Nvestox if client has not settled directly with the company.

You must also ensure that cleared funds are available on or before the day they are required.

3b. Convenience with client protection: Dependent on the relevant trading exchange, celerity and locality of the client, payments for shares are usually settled either directly with Nvestox or through the relevant secure registered Transfer Agent. Transfer Agents function as a secure currency transfer facility between client and broker. In addition to transferring funds for the purchase or sale of shares, they may also be responsible for the safe and secure issuing and redeeming of certificates.

4. EXCHANGE RATE

Where currency conversion is necessary to affect the purchase or sale of security, Nvestox will not charge for currency conversion, which will be at bank base rate on date of execution and time of issue.

5. GOVERNING LAW AND JURISDICTION

This Agreement, any investment account, and the relationship between the Client and Nvestox, and the rights and obligations contemplated hereunder, shall be governed by and be construed in accordance with the laws of Kingdom of Bahrain. The Client and Nvestox submit to the exclusive jurisdiction of Manama Civil Judiciary Courts.

6. CLIENT RESTRICTIONS

Minors cannot use the services of Nvestox, designated accounts may however be ‘held’ for minors, but they must be operated by a person over 18 years.

To protect Broker/Client confidentiality Nvestox do not permit use of, or contact via, web based social networking or web based media chat sites, to any of its employees by their clients. These include, but not limited to; LinkedIn, Facebook, Twitter, Google+, Skype, WhatsApp, MSN, MySpace and Yahoo.

7. RISK

7a. Transactions in complex instruments may include risks that are unsuitable for some people. You should not deal in these unless you understand fully the nature of the agreement (and contractual relationship) you are entering into and the extent of your exposure to risk. If operating your account on an ‘execution-only’ basis we will need to be satisfied that the transaction in question is suitable for you in light of your experience, objectives, financial resources and other relevant circumstances.

7b. You should be aware that the price and value of any investments and the income or dividend, if any, from them, can fluctuate, and may fall. You may get back less than the amount originally invested. Information on past performance where given, is not necessarily a guide to future performance. Exchange rate fluctuations may have an adverse effect on the value of investments and we shall not be liable for adverse market conditions or circumstances beyond our control.

7c. There is an extra risk of losing money when shares are bought in some smaller companies. There is often a big difference between the buying and selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them. The price may change quickly and it may go down as well as up.

8. RECORDING

Nvestox may (but is not obligated to) record communications between Nvestox and the Client. The Client consents such recordings by Nvestox may be used as evidence of the contents of the communications if pertinent in any dispute.

9. TERMINATION

9a. Either party may terminate the account by giving the other seven business days written notice, except in the case of DIM account holders.

Discretionary Investment Management (DIM) accounts: DIM agreements and accounts exist a minimum duration of 12 months from date of inception and cannot be terminated until 1 calendar year has elapsed. Preferred 2% commissions levied on portfolio maturity are calculated on minimum average DIM account longevity.

9b. Notwithstanding clause 9a. above; Nvestox shall be entitled to terminate, or suspend the account immediately, and without notice to the Client, on the happening of any of the following events:

(i) the Client fails to comply with any of its obligations herein or under any account or transaction;

(ii) an encumbrancer takes possession, or a receiver, or receiver and manager is appointed over any of the property or assets of the Client;

(iii) the Client makes any Voluntary Arrangement with its creditors or becomes subject to an administration order;

(iv) the Client is the subject of a petition presented, or an order made, or a resolution passed to wind up the Client, to place the Client in bankruptcy, or to place the Client in judicial management, or to take any similar or analogous action in respect of the Client.

10. IMPORTANT DISCLOSURES

10a. You will not use Nvestox services for any purpose which is unlawful, abusive or threatening, and must have the power and approval to enter in to (and perform) your obligations under these terms.

10b. You must let Nvestox know immediately of any changes to your personal details, including the address that we use for correspondence purposes. We shall not be liable for any loss that you may suffer where we have not been informed of any change.

10c. If you become aware at any time that another party has acquired knowledge of your username and/or password you must make no further use of the account and notify Nvestox immediately.

10d. Any personal information is treated as confidential and may be shared only within Nvestox and its employees. We will keep information about you after the termination of your account or service provision for as long as it is allowed for legal, regulatory, fraud prevention, business and financial crime purposes. Personal information you give us will be stored on our secure servers. All electronic transactions you make to, or receive from us will be encrypted. Nvestox will not dispense your personal information to any third parties for the purpose of direct marketing.