INEPHCO Rules

Investment Partnership Agreement


Considering the provisions of Article 10 of the Civil law regarding the freedom of will in concluding contracts and in accordance with the repeated Article 138 of the Law on Direct Taxes and considering that, the International Earth Planet Holding Company (Private joint stock company) and Mr. / Mrs. …………………………………. They are considering cooperating with each other commercially. So according to the agreement and full understanding The parties, in addition to the external contract. Which has been verbally agreed upon by the parties to the said contract.

the following is a civil partnership agreement between the following:

A: International Earth Planet Holding Company (Private joint stock company) to the number 544915 in the registration office Dubai and economic No. ………………….. Under the direction of Mr. Mohammad Ehsani (CEO) and at the address of Office No G08 Malek Thuraya Abdullah Qambar Al-Awadhi – Al-Raqqa – Deira, Dubai
United Arab Emirates
, which after this briefly call the first partner in this contract for “one-sided,”

On the other hand:

B: Mr. / Mrs. …………………………………father’s name ….. ……………. ID number …………. and National code ……………. ……………… Add: ………………………. … briefly, so-called “second partner” was concluded on the other hand, and the parties were obliged to fulfill all the provisions of this contract. During the necessary external contract.

Article 1) Introduction

To clarify the terms and titles used in this contract have the following meanings and definitions:

1-1) First partner : International Earth Planet Holding Company (Private joint stock company) , identification number 14008507229 to the address:

  • Office No G08 Malek Thuraya Abdullah Qambar Al-Awadhi – Al-Raqqa – Deira, Dubai
    United Arab Emirates
  • Phone Number : (+971) 5047 20912

2-1) Second partner: Mr. / Mrs. …………………….. father’s name …………. ………… with ID number ………… and National code ………………… …………. the address : ……. …………………….. …………………… Phone No. :

3-1) Appendices of the contract: All appendices to this contract and all written actions related to this contract such as appendices, additions, amendments, changes, minutes, summaries of negotiations and future amendments signed by the parties or their elected representatives , are inseparable from of this contract and together with the principle of the contract, they form a single body of the contract.

4-1) Person: A person other than those explicitly specified in this contract means a person or persons, whether natural or legal.

5-1) Third party: Any natural or legal person other than the first and second partners is Third party

6-1) Singular and plural: Words that are used singularly and plurally in this contract have both plural and singular meanings, and using a word singularly or plurally will not cause any other negation.

7-1) Date: The year and month used in this contract means the year and the solar month, and except for the cases listed at the beginning and end of the date, the year means 12 solar months and 365 days and the month means 30 days and days. It will mean 24 hours. Working days do not include holidays, but calendar days will also include holidays

8-8) Contract Titles: The titles used in this contract are for easy reference and in case of ambiguity or difference or contrast between the titles and text of the materials, the text of the materials is valid and if there is a conflict or explanation between the texts of the contract and its appendices. The text of the contract will be preferred.

Article 2: Subject of the contract:

The subject of the contract is the civil participation of the parties in International Earth Planet Holding Company (Private joint stock company) company’s financial activities

Article 3 – Main Center:

The main center of this civic partnership, iS The company’s office located at Office No G08 Malek Thuraya Abdullah Qambar Al-Awadhi – Al-Raqqa – Deira, Dubai.

Article 4: Duration of civil participation:

1-4) The start of the current civil partnership is three working days after the date of deposit of the money by the second partner. Until the written date of the application for withdrawal of capital from the partnership.

And if the contract is not terminated or canceled during this period of time, it can be extended by written agreement of the parties.

2-4) Negotiations for renewal or silence or continuation of the activities of the parties, as long as a written agreement has not been prepared and signed and exchanged, shall not be considered as renewal of the contract.

3-4) Termination of the time or termination of the contract regarding the obligations of the parties to the joint ownership of the parties in the product and maintaining the secrets and information obtained and the obligation to return the documents has no effect and the obligations of the parties in this regard will continue.

Article 5: Capital:

1.5) The capital of civil partnership consists of two parts, Rial and non-Rial, as follows:

  • The first partner’s contribution includes all the requirements in the context of the subject of the company’s activities in accordance with its articles of association.
  • Bringing the second partner is equivalent to ………….. million Rials in cash.

2.5) If the second partner intends to withdraw any part of her/his income, the application is written in writing and the first partner is obliged to accept it.

3-5) In case of increase or decrease of capital, the ratios mentioned in the previous paragraphs will be observed.

4-5) The capital of the present civil partnership will be provided to the first partner as the executive director with the agreement of the parties.

Article 6 – Profit and loss:

1-6) The profit and loss resulting from the present partnership is calculated according to the percentage and at the end of each working day through online systems, the second partner is notified on account and is included in her/his account.And at the end of the participation period, the profit and loss will be calculated and settled.

2-6) The first partner guarantees the return of the principal of the second partner’s capital and the minimum interest profit according to the futures tables.

3.6) If the second partner receives all or part of her/his capital earlier than the time stipulated in Article 4-1 for any reason, the payment of interest stated in paragraph 6-1 above shall be adjusted accordingly.

4-6) If the first partner for any reason does not recognize the continuation of the partnership against the interests of itself or the parties, she/he can terminate the contract.

And it is obliged to return the principal of the second partner’s capital and the minimum definite profit according to the futures tables to the second partner within 5 working days.

Article 7) Executive Management:

1-7) The management of the implementation of the present contract will be the responsibility of the first partner

2-7) The management of the first partner is free of charge and there will be no cost in this regard.

Article 8)- Duties of the Executive Director

The first partner is in charge of directing, executing and supervising the proper performance of the contract like the following :

  • Continuous and permanent management of the present contract until the end of the term.
  • Marketing and negotiating with customer service applicants subject to contract
  • Payment of direct and indirect costs arising from the performance of the subject of the contract, such as taxes and insurance, etc.
  • Protection of the occupied collective gates in connection with the subject of this contract, stating that the first partner is the guarantor for the mentioned protection.
  • Preventing waste and extravagance
  • Closing the accounts of this partnership at the end of each solar year and also at the end of this contract and setting and signing the balance sheet of the annual operation at the end of each solar year and profit and loss statements.
  • Payment / deposit of the annual profit share to the second partner to the relevant announced account at the end of the participation period.
  • Monitor performance and follow up on proper implementation of ongoing procedures.

Article 9) Other rights and obligations of the parties

1-9) The first partner is responsible for providing experienced personnel and related expenses, including current and annual salaries and bonuses, insurance, transportation, etc., to perform the subject of the contract.

2-9) The second partner does not have the right to transfer this contract in part or in whole, even in the form of representation, representation, peace, etc., without the consent of the first partner.

3-9) The Parties acknowledge that they are fully aware of the subject matter and details of the present partnership and are aware of the scope of the contract and the requirements set out therein, as well as all risks involved in the project, and are aware of technical knowledge and other implementation requirements. They have or can fulfill their obligations, and there is nothing vague or obscure about them that they can later cite their ignorance about

Article 10) Termination of the contract:

1-10) The second partner can terminate the contract by notifying the first partner in writing.

2-10) The parties may, with the agreement of each other, proceed with the termination of this contract.

3-10) In case of termination of the contract by the second partner, the principal of his capital will be returned to him within a maximum of 5 working day.

4-10) After the transfer or termination by the second partner, the first partner will calculate the debt and each other’s claims and settle the account.

Article 11) Force major

1-11) Whenever the fulfillment of any of the obligations subject to this contract by any of the parties, as a result of unexpected events, ie events that are beyond the reasonable control of the parties, such as war, flood or earthquake, economic crises, stop or Delayed, the relevant party shall be exempted from the obligation to perform the obligations affected by the above-mentioned event until the effect of the said event ceases

2-11) If the force majeure period lasts more than three months, the parties will agree on how to continue the contract or its termination.

3-11) Foreign exchange rate fluctuations or international sanctions are not considered force major.

Article 12) Preservation of documents and information

1-12) The parties to the contract and the representatives, experts and all factors related to the topics and activities of the present contract, are obliged to provide all information and documents that are directly or indirectly obtained or notified, whether organizational or executive.

Either technical or financial or legal, it is considered completely confidential and except for legal cases or with the written and prior consent of the parties during the contract period and after termination of the contractual relationship between the parties, their partial or general disclosure to any person and in any form and in any way.

And avoid mode , And in case of detection of a violation, the violator, in addition to criminal liability, will be obliged to compensate the material, moral and credit damages resulting from it to the other party; the parties are obliged in any case and condition (during or after the cooperation).

Refrain from disclosing and providing any technical, executive or organizational information to programs or projects related to or unrelated to the contract to a third party and consider it completely confidential.

2-12) The parties of the contract must notify the other partner as soon as any unauthorized use or disclosure of information or confidential matters or any other form is discovered.

And cooperate with each other in any reasonable manner in order to recover the ownership of the information or confidential matters. And prevent its unauthorized use in the future.

3-12) Each of the partners may disclose confidential information according to the order of the competent judicial authorities. In which case she/he must inform the other partner. In a reasonable and written manner before such an action and obtain their agreement.

Article 13) Dispute resolution

1-13) All rights and obligations and financial and legal relations between the parties to the contract are subject to the current laws and regulations in the Country and the relevant laws will govern the relations between the parties.

2-13) In the event of a dispute over the implementation or interpretation of this Agreement:

The subject matter or issues of dispute shall be settled first through negotiations.

And, if no agreement is reached, through the competent authorities.

3-13) The opinion of the arbitral tribunal of the above-mentioned selected parties is final, non-objectionable and binding.

4-13) The arbitrator’s fee is the responsibility of the convicted person

5-13) The arbitral award will be notified to the parties by post.

Article 14) Legal residence and correspondence

The legal residence of the parties to the contract is the address at the top of the contract.

As long as the change is not notified in writing to the other party, it shall be considered as the legal residence of the parties.

Article 15) Contract versions

This contract is signed and exchanged in fifteen articles, and in two copies.

Prepared and signed on …………. in Dubai , and each copy has a single value.


The first partner

International Earth Planet Holding Company (Private joint stock company)

the second partner

Name