To Fax: 01 916419 5257    Print it, Fill-in, sign and mail or fax this form. Or scan and attach with email. On approval we will co-sign it and f                         fax/send the copy back to you.

East West Developments
370 Hawkcrest Circle
Sacramento, CA 95835
USA
Tel: 01 916 4199591    Fax: 01 916419 5257    Email: ewdev@aol.com

I have good news. Bonus to help you, the Partner get started:                                                                                     **Free trip to USA (worth $2,000) to meet the Developers.

Partner agreement

On the one part East West Developments,  370 Hawkcrest Circle, Sacramento, CA 95835, USA referred as Developer.

On the other part, as joining Partner  __ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ insert your full name.

Company name (if any) _ _ _  _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _  _ _ _ _

Address  _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _

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Phone  _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Mobile   _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Fax _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Email  _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _  _ _ _ _ _ _ _ _ 

Website Address   www. (if any) _  _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

WHERE AS

East West Developments is a real estate developer and marketing company, and is marketing real estates worldwide through real estate agents and private individuals.

The properties available for marketing are posted on the developer's website www.eastwestdevelopments.com,

I wish to become your Partner.  Preference will be given to having10% or 25% Partners.  We are giving away a maximum of 50% ownership.The control of the company will be in the ratio of the ownership percentage of the partners in the company.  Please tick your percentage of share desired from the selection below.

See wiring details for making the payments. Link: http://www.eastwestdevelopments.com/wiringfund.html

These payments will be made to EWD, and retained by the Partner of EWD selling his ownership of shares.

TERMS AND CONDITIONS  

1.  FREE Mercedez Car:  The Company will give away 100 Mercedez C230 cars during the opening ceremony of the Delhi condo hotel. 1 car for each 1% of ownership. So all Partners will get a free Mercedez Car, and some Partners with higher shares will get multiple cars or cash in lieu of the cars.

2.  RESPONSIBILITY: All Partners are expected to work and help the company and certain responsibilities or departments will be delegated to each partner. It is the responsibility of all the partners to help the company reach its success and goals. The Partners info may also be posted on our website. Decision powers and top management will be in the hands of the top 4-5 partners with the maximum ownership. To be part of this top group the partner must have more than 10% of the share.

3.  Properties already sold to Buyers: List of all our existing property buyers will be given to the partners. Buyers are increasing every month.  Deposits and down payments received from all buyers are deposited in the Company Bank account. The Bank account maintains an average balance of $500,000. The Bank Account is operated by the top 2-3 Partners. All future payments from the Investors on purchases will also be deposited in this company account. To the new partner, the profits and returns will start from his joining date, with the starting Bank account balance as $500,000 only.

4.  Payouts to Partners: The Company can give income payouts to the Partners.  When the Company feels it has extra funds in addition to the reserve funds kept for the construction, then payouts of funds may be made to the Partners.  Payouts to the existing Partner/owners of EWD may also be given before the joining date of each new Partner.  It is expected that more than one payout will be given per year.  Salary to the Partners will also be paid from this Bank account.

5.  Salary of a full 50% Partner is US$1,000,000.00 annually, or as mutually agreed. Responsibilities and management of the company will be shared 50% each. Pro-rata salary and management responsibilities for smaller shares. If the Partner has no time to work for the company, then the Salary may be reduced or not be paid to the Partner, or if he is not active in the management or is not fulfilling the responsibilities to the satisfaction of the company. Such decision will be taken with the approval of all the managing partners. Salary is paid monthly on the 1st. of each month.

6.  Assignment:  A Big Plus Advantage to the Partner. During this agreement, the Partner can sell and assign his share to another party. This is a big plus for the Partner. Imagine with additional new projects the Partner price would nearly double. And there will be many buyers for his share. And if selling, is the Partner's goal, then after 1-2 years with several new projects in hand the joining Partner is likely to get 2 times his investment.   It will be an easy sell. Assignment commission for substituting the name of the new Partner is 1% payable to the Company. In fact, we can also help the Partner to sell his share for him easily by listing it thru our website, and from the inquiries we are already receiving on a 2% commission to the company.

7.  On withdrawing from Partnership :   The joining partner will return to the company, all the company products and files and hereby gives an undertaking not to give, sell or use any company info, client details, client emails, addresses, details etc and of not doing a similar business during the next 3 years.

8.  Confidentiality:  The terms of this agreement are confidential between the parties and neither of the contracting parties may divulge the contents without consent in writing to any other party.

9.  The Developer guarantees to pay damages to the joining partner in case of  non-performance or delays in completion of the projects. All this will be written in the Agreement.

10.  100% Penalty to EWD on non-performance:

EWD on receiving the joining partners money guarantees that they will keep growing. EWD presently has an inventory of 7 ongoing development projects. EWD will keep adding additional new projects.  If any of the projects is scrapped and no new projects are added and the inventory of projects fall below 7. If that happens. Then the purchase price of the joining partner will be reduced by 100%.  Maximum refund is 100% of the amount received by EWD.  The refund amount will take into consideration any and all payments paid to or on account of the joining partner, including agent commissions, salary, payouts, advances, compensations paid etc. For the balance the refund amount will be sent to the joining partner within 30 days of such an occurrence.  Provided this  refund of 100% is made then, compensations as outlined per clause 2 below, will not be applicable anymore. Total refund cannot be more than the amount received by EWD.   Even after the refund the joining partner will keep and remain partner/owner of the same percentage of his ownership in the company.  For refund. Checking of online development projects inventory will be as printed and published on  www.eastwestdevelopments.com

 11.  50% Penalty to EWD on delays: Details and dates of the completion  of our development projects is printed and  published on the website by EWD.  In case of delay of even a single project on part of the EWD, and if they fail to  complete any development on time as scheduled and  published on the website, Then the EWD will pay damages to the joining partner. The damages are reduction of the joining partners purchase price by (Fifty) 50%. Maximum refund in this case is 50% of the amount received by EWD.   The refund amount will take into consideration any and all payments paid to or on account of the joining partner, including agent commissions, salary, payouts, advances, compensations paid etc. For the balance the refund amount will be sent to the joining partner within 30 days of the present printed dates for completion of the projects, provided any of the development is not completed by then.  Total refund cannot be more than 50% of the amount received by EWD. Scrapping of a project or adding or substituting new projects will not be considered a delay. Provided this  refund of 50% is made then, compensations as outlined per clause 1 above, will still be valid and applicable for the balance 50%. Even after the refund the joining partner will keep and remain partner/owner of the same percentage of his ownership in the company.  For refund. Checking of online development projects completion dates will be as printed and published on  www.eastwestdevelopments.com

12.  Payment Instructions:  The joining Partner has 2 Options regarding how his joining payment is paid, as detailed below:

Option 1.  Payment made to East West Developments under the Money Back Guarantee.      For wiring instructions for sending the funds, please contact ewdev@aol.com.   If the partner makes use of the Money Back Guarantee and drops out, then all the salary and payouts paid will be withdrawn in his refund back amount.

MONEY BACK GUARANTEE: We have checked hundreds of Business Opportunities where a new partner joins or purchases an existing business. And have never seen such a guarantee. However EWD Business is so strong and the returns assured that EWD are confident in giving the new Partner this guarantee. Joining partner can withdraw his partnership and get 100% of his money back from EWD within 2 months.  All Bank wiring fees will be borne by the joining partner. The only loss is his time and about $50 towards the bank wiring fees.

Option 2.  Payment is paid to a Bank or registered Escrow company in USA, under an Escrow Account in the name of East West Developments for 2 months.  Money is safe on hold in a third party escrow account. The condition is that within 2 months the joining partner can either request the Escrow company to stop and release the money back to him. OR after 2 months of no objection from the joining partner. It will be released and paid to the East West Developments. No payouts or Salary will be given to the joining partner as long as the Escrow Account is in force. All payouts & Salary payments to the joining partner will start after 2 months after EWD receives the full payment from the Escrow Account. All the Escrow fees will be borne by the joining partner. The Escrow fees are about 5%.

ESCROW ACCOUNT : This business is generating a lot of cash. And EWD have no need of the joining Partners money. But the joining partner cannot purchase a business, or a share in any business without money. And as such he has to come up with this amount. For safety of the joining partner, this amount instead of giving it to EWD, it can be placed in an ESCROW ACCOUNT. 

13.   After 2 months of joining, the MONEY BACK GUARANTEE or ESCROW expires. The payments released/paid to the EWD becomes non refundable to the joining partners. These joining partner payments are collected by the EWD, who deducts their commissions, and the balance payment is released to the selling partner, and retained by the Partner selling his ownership of shares.

14.   Late Payments:    All payments have a grace period of 30 days for accounting purposes.  In the event that the Developer is unable to make the legally due  payment within the period, and provided the joining partner is not in default, then the joining partner will be entitled to 1% (one percent) per month as interest, on the due payments from the Developer, calculated from the due date to the date of payment.

15.    All payments will first be applied to interest and the balance to principle. EWD will remain fully bound until full payment is made or excused. In the event of default, EWD agrees to pay all reasonable solicitors fees and costs of collection.  

   Please note:  A facsimile copy or electronic copy of this Form shall constitute a legal and binding agreement.