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Agreement with WMY System Underwriter

THE UZBEKISTAN WEBMONEY AGREEMENT

Tillo-Garant Company on behalf of Mr. IMINOV B.А., the Director General in accordance with the Articles of the Association hereinafter refereed as the Guarantor and any person have accepted this Agreement hereinafter refereed as the User and also together hereinafter refereed as the Partners have signed this Agreement hereinafter refereed as the Agreement following:

1. THE GUARANTOR’S LIABILITIES.

1.1. The Guarantor in accordance with the Uzbekistan Electronic Payments Law promises any person making the payments through the WebMoney Transfer System the full financial security. To cover its liabilities the Guarantor issues the electronic payment orders hereinafter refereed as the electronic orders confirming the Guarantor’s liabilities to collect the money funds to render the services in favour of the User. The Guarantor keeps the electronic orders separately and also through the WebMoney Transfer System with the WMY properties of the Y electronic accounts;

1.2. The Guarantor promises to refund the User’s money under the WMY properties of the Y electronic accounts if the User claims immediately. The Guarantor accepts the User’s claim under the WMY properties of the Y electronic accounts if the User is authorized. The Guarantor’s liabilities are over after the money funds written off with the User’s electronic orders through the WebMoney Transfer System with the WMY properties of the Y electronic accounts;

2. THE AGREEMENT’S PURPOSES.

2.1. The Guarantor promises the User’s the access to make the payments through the WebMoney Transfer System with the WMY properties of the Y electronic accounts to settle for the goods and/or the services;

2.2. The User’s money funds collected with the issued electronic orders are written in the WebMoney Transfer System with the WMY properties in favour of the User’s Y electronic account;

2.3. The Y electronic account may be credited by as the User and as the transfer from the accounts of other Users;

3. THE GUARANTOR’S RIGHTS AND THE LIABILITIES.

3.1. The Guarantor promises to:

3.1.1. Ensure the financial security, the WebMoney Transfer transactions and the liabilities to pay the money and to write off the User’s electronic orders immediately;

3.1.2. Issue the electronic order of the User’s money transactions and to keep the transactions through the WebMoney Transfer System with the WMY properties of the Y electronic accounts;

3.1.3. To assign the electronic orders of the same amount if the User orders to transfer the money funds from the User’s Y electronic account in favour of other User’s Y electronic account;

3.1.4. To submit the User’s balance statement at the date of the User’s request if the User is authorized;

3.1.5. Convert the previous electronic orders expired into the new electronic orders at the face value;

3.2. The Guarantor may:

3.2.1. Take the necessary actions to stop the black trade and other financial fraud through the WebMoney Transfer System;

3.2.2. Stop the transfers and the assigns of the electronic orders of any User at the authorities’ prescription in accordance with the Uzbekistan’s laws and also the Guarantor’s intention if the Guarantor obtains the enough information about the illegal or the doubtful User’s transactions;

4. THE USER’S RIGHTS AND LIABILITIES.

4.1. The User promises:

4.1.1. To deposit the money funds in favour of the Guarantor’s account to make the payment through the WebMoney Transfer System to settle for the goods and/or the services. The User’s money funds collected with the issued electronic orders are written in the WebMoney Transfer System with the WMY properties in favour of the User’s Y electronic account;

4.1.2. To collect the WebMoney Transfer System commission as 0.8 % of the amount of the transfer from the User’s Y electronic account in favour of other User’s electronic account;

4.1.3. To stop any assistance for the black trade and other financial fraud, any illegal deposit transactions for the WMY properties of the WebMoney Transfer System and also other actions breaching of the Uzbekistan’s laws;

4.2. The User may:

4.2.1. Settle for the goods and/or the services through the WebMoney Transfer System in the amount of the WMY properties of the User’s Y electronic account at the most;

4.2.2. Receive the balance statement of the WMY properties of the User’s Y electronic account in accordance with the issued electronic orders at the date of the User’s request;

5. SPECIAL.

5.1. The Partners accept the electronic documents made with the WebMoney Transfer System (the delivery certificates, the bargains contracts, the records, the balance statements etc.), confirmed digitally and consisting of other attributes in accordance with the Uzbekistan’s Electronic Commerce Law to recognize the electronic documents like as the documents in the papers signed manually and same legal. The User’s identification is an individual number, a key and a password to access into the WebMoney Transfer System;

6. CONFIDENTIAL.

6.1. The User promises to submit the genuine information. The Guarantor may refuse unilaterally to fulfil the Agreement if the User’s one or several attributes wrong to identify the User like as the person in accordance with the Uzbekistan’s Electronic Commerce Law to sign the same agreements.

6.2. The WMY properties are the money funds in favour of the User’s Y electronic account. The User is responsible solely in accordance with law of the Uzbekistan and/or the User’s residence for User’s transactions including the administrative, the criminal or other responsibility for any illegal actions through the WebMoney Transfer System;

6.3. All of the Agreement transactions are under the WebMoney Transfer System procedures for the electronic documents. So the User must accept:
  • The WebMoney Transfer System procedures to cover the transactions’ full financial security of this Agreement;
  • The documents and the messages through the WebMoney Transfer System as valid, true and same legal as the ordinary documents (in the papers, in the usual circulation etc.). The WebMoney Transfer System actions are the Partners’ mutual actions disputable solely under the special bilateral conciliation;

6.4. You accept this Agreement through the WebMoney Transfer System registration and the liabilities of this Agreement as the WebMoney Transfer System User.