TRADE AGREEMENT

VIBGYOR INT'L INC

In consideration of VIBGYOR INT'L INC (“VII”) opening and/or maintaining a trade account or accounts (the “ACCOUNT”) at the request of and for and on behalf of the CUSTOMER for the purchase and/or sale of items, goods, articles, services, rights, and interests (the “ITEM/S”) as shall be specified, prescribed and provided by VII from time to time, which are underlying subjects of spot/cash market/contracts for delivery and Contracts for Difference (the “TRADE”), VII and the CUSTOMER agree as follows:

The Schedule

1. (a) All transactions under this Agreement shall relate to the “ITEM/S”, all conditions, rules and practices appearing in the Schedule hereafter relating to the ITEM/S whether implied by statute, common law or otherwise are expressly excluded.

(b) The CUSTOMER shall be bound by all contracts of purchase and/ sale of ITEM/S so made and shall (except the index linked instrument) take and/or make delivery of the ITEM/S in accordance with the terms and conditions prescribe by VII.

(c) VII reserves the right to alter or amend the schedule at its absolute discretion from time to time and any such alteration or amendment will be communicated to the CUSTOMER.

The Transactions

2. The CUSTOMER fully understands and hereby acknowledges and accepts that the ITEM/S traded on the ACCOUNT/S are as follows:

(a) for Spot/Cash markets only and which are not the subject of any Futures or Exchange transaction;

(b) may be related to any of the world financial market and Contracts for Difference.

(c) for the CUSTOMER'S own intention of taking or making delivery, investment or other purpose and in relation to each contract, the CUSTOMER is protecting its own pre-existing interest and is not thereby entering into a gaming or wagering transaction;

(d) may be quoted with reference to the prevailing price or related ITEM/S in one or various source inclusive of the basis;

(e) all contracts are intended for physical delivery and/or cash settlement, whether for sale or purchase and unless VII otherwise agrees in writing and on the terms stipulated therein, the CUSTOMER shall make immediate payment of the price of the contracts.

(f) in respect of each transaction herein, the CUSTOMER and VII are trading respectively as Principals and on their own ACCOUNTS. VII is not providing any facility in respect of the purchase, sale, exchange or storage of the ITEM/S on behalf of the CUSTOMER

(g) in some jurisdictions, VII is permitted to effect off-exchange transactions. VII with which the CUSTOMER conducts the transactions may be acting as the counter-party to the transaction. Off-Exchange transactions may be less regulated or subject to a separate regulatory regime. Before the CUSTOMER undertakes such transactions, the CUSTOMER should familiarize themselves with the applicable rules and attendant risks.

The Authority

3. (a) The CUSTOMER hereby authorizes VII to purchase and sell the ITEM/S in its absolute discretion as dealer, and/or market maker and that in accordance with tradition, trade practice and custom, VII may or may not have competing positions to the CUSTOMER in respect of the TRADE and the CUSTOMER hereby further authorizes VII to act on the CUSTOMER'S instructions and the CUSTOMER hereby expressly waives any defense that any such instructions were not made as may be required by any law, rule or regulations.

(b) if at any time, the CUSTOMER fails to deliver to VII any of the ITEM/S previously sold to VII or fails to deliver the ITEM/S in compliance with the TRADE, or if VII shall be required or shall deem it necessary to replace any of the ITEM/S therefore delivered by VII for the ACCOUNT/S with other of the ITEM/S of like or equivalent kind of amount, the CUSTOMER authorizes VII in its absolute judgment to borrow or to buy any property necessary to make delivery thereof or to replace any such of the ITEM/S previously delivered and to deliver the same to such other party to whom delivery is to be made.

(c) VII may repay any borrowing thereof with the ITEM/S purchased or otherwise acquired for the ACCOUNT/S. The CUSTOMER shall pay and indemnify VII for any cost, loss, and damage from the foregoing including consequential damage, penalties, and fines which VII may be required to incur or which VII may sustain from its inability to borrow or buy any such ITEM/S.

(d) Nothing in this Agreement shall constitute or be deemed to constitute VII a trustee or fiduciary agent for the CUSTOMER. The CUSTOMER hereby acknowledges and accepts that VII shall not be under any fiduciary obligation to the CUSTOMER in the performance of this Agreement in all respects.

(e) if the CUSTOMER comprises one or more person/persons, references herein to the CUSTOMER shall include references to either or both of them and respective liabilities and obligations of the CUSTOMER herein provided shall be joint and several.

(f) the CUSTOMER may by an agreement appoint any person as the agent of the CUSTOMER in respect of the TRADE and the CUSTOMER hereby authorizes VII to act on the instructions of the agent and the CUSTOMER hereby agrees that VII is not liable or responsible for any default, neglect, act or omission of the agent. The CUSTOMER hereby agrees from time to time and at all times from now on to rectify and confirm all acts and omissions of the agent and agrees to indemnify VII against any costs, claims, fixed income transactions, damages, expenses, liabilities and losses whatsoever incurred or suffered by VII as a consequence of instructions of the agent.

The Security Deposit

4. (a) The CUSTOMER will at all times maintain, without any call or notice or demand, the minimum deposit (the “SECURITY DEPOSIT”) for the ACCOUNT/S as from time to time may be required by VII and will, upon such call or notice or demand by VII, pay to VII not later than the period specified by VII additional SECURITY DEPOSIT and other funds (the “ADDITIONAL SECURITY DEPOSIT”) which VII shall in its absolute discretion deem necessary for its protection for any reason whatsoever.

(b) Upon any failure of the COSTOMER for any reason whatsoever to maintain and/or pay the SECURITY DEPOSIT and/or ADDITIONAL SECURITY DEPOSIT, VII may in any manner as it deems appropriate, without any call or notice or demand to the CUSTOMER, close out, liquidate, settle, sell and/or buy in whole or in part the contracts of purchase and/or sale ITEM/S in the ACCOUNT/S at the price quoted by the VII in its absolute discretion and VII may cancel any outstanding orders and commitments made on behalf of the CUSTOMER. Notwithstanding the aforesaid, the CUSTOMER shall remain liable for and shall pay to VII the amount of any deficiency in the ACCOUNT/S resulting from any transaction describe herein and the CUSTOMER hereby agrees to indemnify VII against all and any costs, claims, damages, expenses, liabilities and losses whatsoever incurred or suffered by VII as a consequence of arising from or in connection with any contravention by the CUSTOMER of this Agreement and VII's enforcement and/or attempted enforcement of this Agreement.

(c) VII may in its absolute discretion without prior notice to the CUSTOMER apply or transfer any funds (including segregated funds) or other property interchangeably between any of the ACCOUNT/S at VII as may be necessary for the SECURITY DEPOSIT or to satisfy or reduce and debit or debit balance in any such ACCOUNT/S.

Lien and Right of Set off

5. (a) The ITEM/S, all funds, securities, commodities, and other property aforesaid of the CUSTOMER which VII may at any time be carrying for the CUSTOMER or which may at any time be in VII's possession or control or carried in its books for any purpose, including safekeeping and the SECURITY DEPOSIT and the ADDITIONAL SECURITY DEPOSIT aforesaid, are to be held by VII as security and subject to a general lien and right of set-off in VII's favour to all liabilities of the CUSTOMER present, future and/or contingent, liquidated or un-liquidated to VII, whether as a principal, guarantor, surety or otherwise, and as security against any other liabilities of the CUSTOMER however arising whether jointly or severally together with any third party.

(b) Subject to any segregated requirements in respect of any property carried on for the CUSTOMER as may be prescribed by VII from time to time, the CUSTOMER hereby grants to VII the right to pledge, re-pledge, hypothecate, re-hypothecate or invest the same either separately or with the property of the CUSTOMER, the ITEM/S, all funds, securities, commodities, and other property held by VII for the ACCOUNT/S of the CUSTOMER or as collateral thereof provided always that VII shall be under no obligation to pay the CUSTOMER or ACCOUNT/S for any interest, income or benefit derived from the aforesaid securities.

(c) In addition to any lien, right of set off or other right which VII may have in law, VII shall be entitled at any time without notice to the CUSTOMER to combine and consolidate all or any of the ACCOUNT/S of the CUSTOMER including the securities aforesaid and liabilities to VII or set- off or transfer any sum standing in one or more of such ACCOUNTS towards the satisfaction of the money and liabilities hereby secured.

Charges and Fees

6. (a) The CUSTOMER shall pay interest at the rate of 4% above prevailing prime lending rate of any major commercial bank as prescribe by VII per annum with monthly rate or such other rate(s) as shall be prescribed by VII form time to time on all debit balance in the ACCOUNT/S.

(b) The CUSTOMER shall pay facility fee, storage fee, and roll-over charges at such rate(s) as shall be prescribed by VII from time to time.

Exchange Rate

7. The rate of exchange to be employed for conversion of funds and/or money and for all payments under this Agreement shall be the inter-bank exchange rate on the day when the payment is made or demanded or required whichever is earlier provided always that VII may in its absolute discretion prescribe such rate of exchange as shall be applicable from time to time.

Notice

8. (a) All communication herein between the parties must be made by electronic mail to the mailing address herein. All communications sent by electronic mail shall be deemed to have been delivered, whether actually received or not. Notices sent by electronic mail shall be deemed duly given by 9.00 a.m. local time on the second business day immediately following that date of mailing. .

(b) Confirmation of Trades, Statements of Purchase and Sale , SECURITY DEPOSIT calls and other notices sent by VII to the CUSTOMER shall be conclusively deemed accurate and complete if not objected to by electronic mail within seven (7) days from the date on which the same sent or delivered to the CUSTOMER as aforesaid.

(c) VII shall not be liable for any delay in the transmission or execution of orders due to breakdown or failure of transmission or communication facilities, or any cause beyond its control.

(d) The parties hereto agree that service of any legal process of any suit, action or proceedings may be served by registered post to the mailing address of the parties or to such other address as the parties give notice in writing. Such document shall be deemed to be served, whether actually received or not, on the second business day immediately following the date of mailing.

Validity

9. (a) All transaction by VII shall be subject to the applicable governmental acts and statutes and to rules and regulations made there under. VII shall not be liable to the CUSTOMER as a result of any action taken by VII or its agents to comply therewith.

(b) if at any time one or more of the provisions herein is or becomes illegal, invalid or unenforceable in any respect and for any reason whatsoever the legality, validity or enforceability of the remaining provision herein shall not be in any way affected or impaired thereby.

Remedies and Waivers

10. (a) The right and remedies conferred upon the parties hereto shall be cumulative, and the exercise or waiver of any thereof shall not preclude or inhibit the exercise of additional rights and remedies.

(b) The failure or delay by VII to enforce at any time or for any period any one or more of the terms and conditions of this Agreement shall not be a waiver of them or of the right at any time subsequently to enforce all terms and conditions of this Agreement.

Entire Agreement

11. This Agreement contains the entire agreement between the parties and supersedes any prior agreement between the parties as to the subject matter of this Agreement. No provision of this Agreement shall in any respect be waived or changed except in writing, signed by the parties.

Law and Jurisdiction

12. (a) This Agreement shall be governed by and construed in all respects in accordance with the laws of the British Virgin Islands (B.V.I).

(b) The parties hereto irrevocably agree that any legal action or proceedings with respect to this Agreement shall be brought in the Court of the British Virgin Island and hereby further irrevocably submit to the exclusive jurisdiction of the Court in the British Virgin Islands and the parties hereto irrevocably waives any objection which it may now or hereafter have to the venue of any suit, action or proceeding arising out of or relating to this Agreement.

(c) All contract or transactions made in pursuance of this Agreement shall be governed by and construed in all respects in accordance with the laws of the British Virgin Islands .

Succession

13. This Agreement shall inure to the benefit of VII, its successors, and assigns and shall be binding upon the CUSTOMER and the CUSTOMER'S successors and assigns. If the CUSTOMER is an individual or a partnership, this Agreement shall also be binding upon the estate, heirs, executors and administrators of the individual or partner as the case may be.

Warranty and Representation

14. The CUSTOMER hereby represents and warrants that

(a) if the CUSTOMER is an individual, the CUSTOMER hereby represents and warrants that he is over 21 years of age on accepting this Agreement and if the CUSTOMER is a corporate entity, the CUSTOMER hereby represents and warrants that it is fully empowered to enter into this Agreement and that all necessary steps and actions to authorize the making of this Agreement have been taken and all necessary resolutions have been passed and the obligations expressed herein as being assumed by the CUSTOMER shall constitute valid legal and binding obligations on the CUSTOMER and for the consideration herein provided, the authorized signatories of the CUSTOMER herein agree that they shall be jointly and severally liable with the CUSTOMER to VII in respect all obligations and liabilities under this Agreement;

(b) The statements and financial information furnished by the CUSTOMER including any financial statements submitted by the CUSTOMER are true, correct and not misleading in any respect and the CUSTOMER undertakes to notify VII in writing if any representations contained therein materially change or cease to be true and correct in any material respect;

(c) No person or entity has any interest in or control of the ACCOUNT/S to which this Agreement pertains except as disclosed by the CUSTOMER and upon acknowledgement and acceptance thereof by VII.

(d) The CUSTOMER agrees to furnish promptly any information concerning the CUSTOMER including the financial position of the CUSTOMER as VII may request.

(e) All the money, properties, securities, equities and/or funds in the ACCOUNT/S are free from any lien, change or other security interest save as herein created.

Termination of the ACCOUNT

15. In the event of any of the following events

(a) The CUSTOMER fails to deposit, maintain or make payment of SECURITY DEPOSIT or ADDITIONAL SECURITY DEPOSIT;

(b) The CUSTOMER is insolvent or is unable to pay its debts or has stopped paying its debts due to VII,

(c) The CUSTOMER fails to observe or perform any of its obligations under this Agreement;

(d) The CUSTOMER commits an act of bankruptcy or a bankruptcy notice is issued against the CUSTOMER or petition on bankruptcy is presented against the CUSTOMER;

(e) The CUSTOMER enters into liquidation whether compulsorily or voluntarily or makes any arrangement or composition with its creditors or a receiver and manager is appointed over all or any part of its assets or property;

(f) if any distress, changing orders, garnishee order, execution or other process is levied against the CUSTOMER or action is taken to repossess the assets, goods and/or properties in the possession or control of the CUSTOMER;

(g) if VII in its absolute discretion deem it necessary for its protection for many reason whatsoever;

VII may in its absolute discretion without notice to the CUSTOMER terminate the ACCOUNT/S and/or close out the CUSTOMER'S open position in whole or in part, sell any or all of the CUSTOMER'S property held by VII, buy any of the ITEM/S or property for the ACCOUNT/S, and cancel any outstanding orders and commitments made by VII on behalf of the CUSTOMER provided always that the CUSTOMER shall be liable to VII for any deficiency in any ACCOUNT/S.

16. VII reserves the right at any time to terminate this Agreement forthwith upon giving notice to the CUSTOMER.

Other Matters

17. Time shall in every respect be the essence of this Agreement.

18. T rading in Spot/Cash market is suitable only for those sophisticated institutions or sophisticated participants financially able to withstand losses which may equal the value of margins or deposits. Spot/cash market accounts are not available through VII to non-sophisticated participant

19. VII will not be responsible for delays in the transmission of orders due to a breakdown or failure of transmission or communication facilities, electrical power outage or for any other cause beyond VII's control or anticipation. VII shall not be liable for losses arising from the default of any agent or any other party used by VII under this agreement. As Spot/Cash market is not an Exchange traded market, prices at which VII deals at or quotes may or may not be similar to prices at which other Spot/Cash market makers deal at or quote.

20. CUSTOMER acknowledges that investments in leveraged and non-leveraged transactions are speculative, involves a high degree of risk, and is appropriate only for persons who can assume risk of loss of their entire margin deposit. CUSTOMER understands that because of the low margin normally required in Spot/Cash market trading , price changes in Spot/Cash market trading , may result in significant losses. CUSTOMER warrants that CUSTOMER is willing and able, financially and otherwise, to assume the risk of Spot/Cash trading , and in consideration of VII's carrying his/her ACCOUNT(s) , CUSTOMER agrees not to hold VII responsible for losses incurred through following trading recommendations or suggestions of its agents. CUSTOMER recognizes that guarantees of profit or freedom from loss are impossible of performance in Spot/Cash trading. CUSTOMER acknowledges that CUSTOMER has received no such guarantee's from VII or any introducing agent or other entity with whom CUSTOMER is conducting his/her VII ACCOUNT and has not entered into this agreement in consideration of or in reliance upon any such guarantees or similar representations.

21. CUSTOMER acknowledges that should CUSTOMER grant trading authority or control over CUSTOMER's ACCOUNT to a third party (“Trading Agent”), whether on a discretionary or non-discretionary basis, VII shall in no way be responsible for reviewing CUSTOMER's choice of such Trading Agent nor making any recommendations with respect thereto. CUSTOMER understands that VII makes no warranties nor representations concerning the Trading Agent, that VII shall not be responsible for any loss to CUSTOMER occasioned by the actions of the Trading Agent and that VII does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If CUSTOMER gives Trading Agent authority to exercise any of its rights over CUSTOMER'S ACCOUNT(S), CUSTOMER understands that CUSTOMER does so at CUSTOMER'S own risk.

22. Unless terminated in accordance with the provision of this Agreement or with two (2) business days of notice in writing from either party, this Agreement shall be effective and binding on the parties in respect of all transactions in the ACCOUNT/S and all other ACCOUNT/S now existing or hereafter opened including all renewals, reopening of such ACCOUNT/S and closure thereof.

23. The CUSTOMER hereby acknowledges that he/she has read, and understands the contents of this Trade Agreement, the Risk Disclosure Statement and the Terms and Conditions, rules and practice under the Schedule and hereby agrees to be bound by the same.

The following Terms, Conditions and Rules for Spot/Cash markets trading for delivery and Contracts for Difference currently adopted by VIBGYOR INT'L INC. (herein called VII) shall apply to all purchase and/or sale, and deliveries herein referred to in the Trade Agreement .

(a) ITEMS

According to current Delivery Specifications and Description as describe by VII from time to time.

(b) CONTRACT SIZE PER UNIT

According to the current TRADE TABLE as prescribe by VII from time to time.

(c) FACILITY FEE

A fee per unit settlement as specified by VII shall be charged for the trading facility.

(d) STORAGE FEE

Purchase shall be charged and sale shall be paid a storage fee on per unit per day basis for carrying the open trade position/s in the ACCOUNT/S. Such storage fee shall be specified by VII from time to time.

(e) ROLL-OVER

Contract not offset by delivery or by an opposite trade at the end of the trading day and in the absence of a electronic communication of the intention to make or take delivery, as set out in the delivery conditions, will be rolled over to the next day. A Roll-Over administration fee will be accumulated daily, and may or may not, at the discretion of VII be charged to the ACCOUNT/S at the same time of delivery or on the occasion of an offset trade .

(f) PRICE/BASIS REVISION, PREMIUM OR DISCOUNT

When and if an open trade position is not settle by delivery or offset by an opposite trade by the price/basis revision day as set by VII, such position will be rolled over with the revised price/basis, against the newly referred price. To correspond to the new price/basis a premium or discount will be reflected in the ACCOUNT/S accordingly.

(g) PRICE

i. Prices quoted by VII for the purchase and/or sale of ITEM/S for delivery shall be on a bid and offer basis made at the sole discretion of VII and may be quoted with reference to the prevailing prices of related ITEM/S for delivery from various sources inclusive of the basis.

ii. VII reserves the right to reject orders and to abstain from making quotations for such orders when related price movements are considered volatile.

iii. Under such market conditions VII may quote abnormally wide bid/offer prices for orders.

iv. Subject to (i), (ii) and (iii) above, order by “limit price” shall be executed once the corresponding bid/offer price quoted by VII is within the indicated range. As long as there is no obvious mistake, error or omission in pricing, the CUSTOMER shall not raise any dispute concerning execution for such “limit price” order.

(h) DELIVERY

i. All contracts are intended for delivery and/or cash settlement.

ii. The CUSTOMER must notify VII electronically his intention of making/taking delivery for ITEM/S purchased/sold in the ACCOUNT/S, in accordance with the rules of the delivery conditions.

iii. VII reserves the right to reject the CUSTOMER'S request for taking/making delivery of the ITEM/S traded in the ACCOUNT/S unless the CUSTOMER fulfills all terms and conditions of taking/making delivery as set out by VII.

iv. All delivered ITEM/S whether stored, collected or delivered by VII on behalf of the CUSTOMER shall be at the sole risk of the CUSTOMER.

v. If and when the CUSTOMER fails to notify VII electronically i. e. of intention of taking/making delivery:

a) The CUSTOMER may settle the open purchase/sale position of ITEM/S concerned in the ACCOUNT/S by selling off/buying back the same at the prevailing price quoted by VII.

b) VII may, for its own protection or reasons, settle the open purchase/sale position of ITEM/S concerned in the ACCOUNT/S, without prior notice to the CUSTOMER.

c) The CUSTOMER may roll-over, with the approval of VII the open position.

d) VII reserves the right to settle locked-in trades 2 days after the locked-in trade is executed in keeping with trade practice and without notice to the CUSTOMER.

vi. VII, reserves the right to settle all deliveries up to 90 days from the receipt of electronic confirmation of the CUSTOMER's intention to make or take delivery.

Security Deposits

1. Spot/Cash market for delivery and Contracts for Difference requires a SECURITY DEPOSIT which shall be determined from time to time in accordance with the volatility of the particular ITEM/S and will be set out in the above-mentioned TRADE TABLE. VII will reserves the right to either increase or decrease SECURITY DEPOSITS at its discretion.

2. All SECURITY DEPOSIT will be maintained at 100% (one hundred percent) during the terms of contract. VII reserves the right to allow a maximum of 30% of the SECURITY DEPOSIT in the case of a price movement against the SECURITY DEPOSIT at its discretion from time to time.

•  CONDITIONS FOR NEW ACCOUNT

An opening order for newly opened ACCOUNT/S can only be accepted on submission of completed TRADE AGREEMENT, and on final collection of the SECURITY DEPOSIT .

4. REPAYMENT OF SECURITY DEPOSIT

SECURITY DEPOSIT in the ACCOUNT/S shall be refunded to the CUSTOMER at the CUSTOMER'S request on prescribe Withdrawal Instruction Form within seven (7) days of the receipt by VII of the Withdrawal Instruction Form subject to the fulfillment of SECURITY DEPOSIT requirement/s (if any) in the ACCOUNT/S.

•  ADDITIONAL SECURITY DEPOSIT

Means any call made by VII on the CUSTOMER to make ADDITIONAL SECURITY DEPOSIT payment to maintain a DEPOSIT in respect of such market contract.

•  Equity = Account Balance + Floating Profit – Floating Loss

•  Additional security deposit is called when Equity equal to or lower than 70% of total required security deposit .

•  Additional Security Deposit = Total required Security Deposit – Total Equity.

All Additional Security Deposits must be settled within such time as VII may specify, provided that such time shall not less than 24 hours of Call being made whether orally or in writing.

7. AUTO LOCK

Is an action taken by the Computer Auto Risk Control System to automatically initiate an equal volume of opposite positions against the open positions in the account once the account's e quity is lower than or equal to 50% of the required security deposit .

TRADING AUTHORIZATION

To: VIBGYOR INT'L INC

I, the undersigned, hereby appoint VII's agent and attorney to buy and sell (including short sales) at any time and from time in its absolute discretion spot market contracts for the undersigned's account and to manage any account or accounts held by me which I may open with you.

The undersigned hereby agrees to indemnify and hold harmless all costs (including legal) due to losses, indebtedness and liabilities arising from all and any such dealings effected by VII's agent on behalf of the undersigned which shall bind the undersigned absolutely, the undersigned's hereby expressly acknowledge the total absence of any actual or inputed connection or relationship whatsoever between you and the aforesaid agent in the implementation of all or any or the powers conferred hereby.

In all such purchase and sales, you are authorized to follow the instructions of the aforesaid agent in every respect concerning the undersigned's account with you and except herein otherwise provided he/she is authorized to act for the undersigned with respect to such purchases and sales as well as with respect to all other things necessary or incidental thereto except that he/she is not authorized to withdraw any money, securities, or other property either in the name of the undersigned or otherwise.

The undersigned shall at all times maintain with you in such form as you may require, such margins or deposits of value satisfactory to you in excess of the amount of indebtedness of obligations to you of the undersigned and which amount may be greater than the originally required amount.

The undersigned hereby confirms all and any transactions with you heretofore or hereafter made by aforesaid agent on behalf of or for the account of the undersigned. The undersigned further confirms that the aforesaid agent may appoint and remove or substitute under him the same or more limited powers for all or any of the matters conferred hereby and contained herein.

This authorization and indemnity is a continuing one and shall remain in full force and effect until and unless revoked upon the happening of any of the following events:-

•  The receipt by you at your principal place of business, by registered post of a notice revoking this Authorization such notice to give the name and address of the person whom thereafter you are to accept instructions upon the same terms.

•  The sending to in the same manner of a notice from the aforesaid Agent resigning his appointment hereunder.

•  The receipt by you in the same manner from the said Agent of a notification in writing informing you of the death of undersigned

Such revocation shall not affect any liability in any way resulting from transaction initiated prior to such revocation and in the event of any dispute as to whether or not any such revocation has properly been communicated to you and your statement as the date of the receipt (if any) of such revocation shall be final. This authorization and indemnity shall be applicable to your beneficiaries and successors and assigns.

BETWEEN VIBGYOR INT'L INC

(Hereinafter together with its officers, called VII) of the one part.

AND me/us (hereinafter together with its permitted successors and/or assigns called the “CUSTOMER” of the other part.

WHEREAS

•  VII is in the business of arranging and concluding Spot/Cash markets (as defined herein).

•  The CUSTOMER wishes to trade in Spot/Cash markets.

•  In order that VII may facilitate entrance by the CUSTOMER into the T rading of Spot/Cash market the parties have agreed to enter into this Agreement on the terms and conditions contained herein.

I/ We hereby acknowledge that I/ We had agreed and fully understood all the terms and conditions stated in the webpage ( www.viitraders.com ) provided by VII. I/We shall not hold any other parties concerned responsible from any disputes which may arise.

RISK DISCLOSURE STATEMENT TO THE CUSTOMER

The intention of this statement is to inform you that the risk of loss in trading Spot/Cash markets for delivery can be substantial. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition. In considering whether to trade, you should be aware of the following:

(a) SECURITY DEPOSIT: All contracts are for delivery and you are required to make an initial SECURITY DEPOSIT in order to make a purchase or sale. You may sustain total loss of the SECURITY DEPOSIT and may be require to provide ADDITIONAL SECURITY DEPOSIT at short notice in order to maintain your position in the event that the price of the ITEM/S moves against you. If you do not provide the ADDITIONAL SECURITY DEPOSIT upon demand and within the prescribe period of time, your position may be liquidation at a loss and you will be liable for any resulting deficit in the ACCOUNT/S.

(b) Liquidation of position: Under certain market conditions, it may be difficult or impossible to liquidate a position.

(c) Contingent Orders: Placing contingent orders, such as “stop-loss” or “stop-limit” order, will not necessary limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.

This brief statement cannot disclose all the risk and other significant aspect of Spot/Cash market for delivery and Contract for Difference. You should therefore carefully consider before entering into Spot/Cash market for delivery and Contract for Difference.

Consent To Conduct Business Electronically And Risk Disclosure

1. Applying Electronically . If you decide to apply to establish a Trading with VII, you agree to receive a Risk Disclosure Statement, Trade Agreement, and Off Exchange Transaction Disclosure electronically.

2. Electronic Communications . Risk Disclosure Statement, Trade Agreement, and Off Exchange Transaction Disclosure, and any notices, instructions, agreements, or any other communications regarding Transactions and your Account ( all of which are referred to herein as the “Communications”) may be presented, delivered, stored, retrieved, and transmitted electronically.

3. Executing Transactions Electronically . The Agreement and Transactions will be executed using electronic records and electronic signatures.

4. Consenting to Do Business Electronically . The decision whether to do business electronically is yours, and you should consider whether you have the necessary hardware and software capabilities. Your consent to do business electronically, and our agreement to do so, only applies to the establishment and maintenance of your Account and the execution of Transactions in connection with your Account .

5. Withdrawal of Consent . You have the right to withdraw your consent to doing business electronically at any time. However, if you withdraw such consent, any Communications or Transactions between us during the period after your consent to doing business electronically, and before you withdrawal of such consent, will be valid and binding on all parties.

6. Changes to Your Contact Information . You should keep us informed of any change in your electronic or mailing address or other contact information.

7. Printing . You may print this document by selecting Print from the File menu.

8. Your Ability to Access Communications . When you select the “I Agree” button below, you acknowledge that you have the capability to access the Communications.

9. Consent to Electronic Communications . When you select the “I Agree” button below, you consent to having all Communications provided or made available to you in electronic form.

10. Consent to Executing Transactions Electronically . When you select the “I Agree' button below, you consent to executing the Agreement and Transactions by electronic record and/or electronic signature.

Risk Disclosure Statement

This brief statement does not disclose all of the risks and other significant aspects of trading in leveraged investments. In light of the risks, you should undertake such transactions only if you understand the nature of the contracts (and the contractual relationships) into which you are entering and the extent of your exposure to risk. You should carefully consider whether trading is appropriate for you in light of your experience, objectives, financial resources or other circumstances.

1. Effect of ‘Leverage' or ‘Gearing'

Transactions in Spot/Cash market accounts carry high degree of risk. The amount of the initial margin is small relative to the value of the Spot/Cash market contract so that transactions are ‘leveraged' or ‘geared'. A relatively small market movement will have a proportionately larger impact on the funds you have deposited; this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss.

2. Risk-reducing orders or strategies

The placing of certain orders (e.g. ‘stop-loss' order, where permitted under local law, or ‘stop limit' orders) which are intended to limit losses to certain amounts may not be effective because market conditions may make it impossible to execute such order. Strategies using combinations of positions, such as ‘spread' and ‘straddle' positions may be as risky as taking simple ‘long' or ‘short' positions.

3. Terms and conditions of contracts

You should ask the firm with which you deal about the terms and conditions of the specific spot items which you are trading and associated obligations (e.g. the circumstances under which you may become obligated to make or take delivery of the full spot contract value).

4. Suspension or restriction of trading and pricing relationships.

Market conditions (e.g. illiquidity) and/or the operation of the rules of certain markets (e.g. suspension of trading in any currency because of price limits, government intervention or “circuit breakers”) may increase the risk of loss by making it difficult or impossible to effect transactions or liquidate/offset positions.

5. Deposited cash and property

You should familiarize yourself with the protections accorded money or other property you deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. The extent to which you may recover your money or property may be governed by specific legislation or local rules. In some jurisdictions, property which had been specifically identifiable as your own will be pro-rated in the same manner as cash for purposes of distribution in the event of shortfall.

6. Commission and other charges

Before you begin to trade , you should obtain a clear explanation of all commission, fees, markups, markdowns, rollovers, interest rate differential and other charges for which you may liable. These charges will affect your net profit (if any) or increase your loss.

7. Currency risks

The profit and loss in transactions in foreign currency-denominated contracts (whether they are traded in your own or other jurisdiction) will be affected by fluctuations in currency rates where there is a need to convert from the currency denomination of the contract to another currency.

8. Trading facilities

Spot/Cash market business is not Traded on a regulated market and therefore does not require open-outcry. Even though quotations or prices are afforded by many computer-based component systems, the quotations and prices may vary due to market liquidity. Many electronic trading facilities are supported by computer-based component systems for the order routing, execution or matching trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses may be subject to limits on liability imposed by the system provider, the market, the bank and/or financial institution. Such limits may vary; you should ask the firm with which you deal for details in this respect Spot/Cash Market. trading with VII is not conducted on any futures or stock exchange and is not subject to the rules of any futures or stock exchange.

9. Electronic trading.

Trading on the electronic trading system may differ not only from trading in the interbank market but also from trading on other electronic trading systems. If you undertake transactions on an electronic trading system, you will be exposed to risks associated with the system including the failure of hardware and software. The result of any system failure may be that your order is either not executed according to your instructions or is not executed at all.

Disclaimers:

•  Internet and System failure : Since VII does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions, delays, when you trade on-line (via Internet). Furthermore, any losses or foregone profits in CUSTOMER's account are the responsibility of the CUSTOMER and not VII, even in software, hardware, or other system failures or errors contributed to such losses or foregone profits.

•  Market risks and the on-line trading : Trading Spot/Cash Market involves substantial risk that is not be suitable for everyone. See Trade AGREEMENT for more detailed description of risks. Trading on-line, no matter how convenient or efficient, does not necessarily reduce risks associated with Spot/Cash Market trading

•  Password protection : The CUSTOMER is obligated to keep passwords secret and ensure that third parties do not obtain access to the trading facilities. The CUSTOMER will be liable to VII for TRADES executed by means of the CUSTOMER'S password even if such use may be wrongful.

•  Quoting errors : Should quoting errors occur due to a dealer's mistype of a quote, errors in the automatic price feed, or an erroneous price quote from a dealer, such as but not limited to a wrong big figure quote, VII will not be liable for the resulting errors in account balance. VII reserves the right to make the necessary corrections or adjustments on the account involved. Any dispute arising from such quoting errors will be resolved on a basis of a fair market value of a currency of spot item at the time such an error occurred.

10. Off-exchange transactions

In Spot/Cash market, firms are not restricted to effect Off-Exchange transactions. The firm with which you deal may be acting as your counterparty to the transaction. It may be difficult or impossible to liquidate an existing position, to assess the value, to determine a fair price or to assess the exposure to risk. For these reasons, these transactions may involve increased risks. Off-Exchange transactions may be less regulated or subject to a separate regulatory regime. Before you undertake such transactions, you should familiarize yourself with applicable rules and attendant risks