Financial police

• The Consultant and his office provide services on a paid basis.
• Partners retained by the Consultant to render services to the Customer will provide services on a paid basis.
• The Customer at own expense provides the Consultant with terms of reference and all necessary project information, presentation materials, including materials in foreign languages.
• The basic languages of project implementation are English, Russian and Italian. Any decision as to the need to use other foreign languages will be made by the parties if necessary on a case by case basis.
• In the event of finding interested investors or finding projects that meet the requirements of the Customer, the Consultant will notify the Customer accordingly (in writing, via e-mail);
• Following the Customer’s confirmation of readiness to conduct negotiations with an interested investor or to start a discussion of a project of interest found by the Consultant, the Customer enters into the main contract with the Consultant for the provision of services;
• After concluding a contract, services provided by the Consultant will be paid for in accordance with the hourly rate;
• The hourly rate charged by the office of the Consultant is set at 30000 rubles and includes all of their costs and expenses, with the exception of third party expenses as may be agreed with the Customer (any professional service providers retained including: translators, lawyers, financiers, other highly specialised consultants, persons providing services on transportation and accommodation);
• Before the Consultant starts to provide paid services, the Customer will be required to make an advance payment to the Consultant covering 100 work hours (minimum advance payment);
• When working with any Customer who is not a resident of the Russian Federation, and in cases where it is necessary to do business outside the Russian Federation, all payments and settlements will be made in relevant foreign currencies by transfer of funds to the relevant account of the Consultant;
• The Consultant provides the Customer with a progress report and elapsed project work hours monthly. The report will also include expenses made by third parties, travel expenses as may be agreed with the Customer in advance.
• Progress and spent hours reports, including previously agreed expenses made, will be approved by the Customer within 3 business days;
• For the avoidance of doubt and to ensure the accuracy of business correspondence, the Consultant will interact with foreign partners exclusively with the assistance of professional interpreters / translators who have the necessary professional knowledge in their respective fields;
• The services of professional translators regarding business negotiations and conducting business correspondence, preparing materials and information about projects will be paid for separately by the Customer. The method and rates of payment for these services will be agreed upon between the Customer and the Consultant and depend solely on the professional level of the specialists involved;
• Business travel expenses (passenger transportation services, accommodation for temporary residence) of the Consultant and any retained experts will be paid by the Customer separately by prior agreement with the Customer and will be deducted from the advance payment in accordance with the paid invoices;
• The base bonus payable to the Consultant (as per results of attracting investment or the acquisition of a suitable project) is 3% of the funds attracted in the interests of the customer or of the amount of the acquisition (creation) of the project.
• The bonus compensation of the Consultant includes an option to buy a stake in the project at a pre-agreed price within a specified time and under special conditions, which will be discussed with the Customer separately.
• The cost of services by the Consultant in support of a project or to participate in the activity of a company on an ongoing basis as an independent director may include a fixed amount paid by the Customer on a monthly basis, a performance bonus at the end of each reporting period and any compensation payable in accordance with this financial policy.
• The Consultant confirms willingness for payment for services to be replaced by compensation in the form of crypto-currency for services rendered. The denomination of the crypto-currency and method and conditions of compensating services, provided by the Consultant, will be negotiated by the parties separately.
• In the event that funds are successfully raised through ICO, the Consultant confirms willingness to receive remuneration in tokens issued by the Customer.
• The Consultant accepts that the Customer has the right to attract investments independently on its own, to change its position on any project, to terminate services by the Consultant with a 40 days’ prior notice before the termination of the joint work on any project, and with appropriate compensation to the Consultant of all incurred costs and expenses as per agreement between the parties.