Statement of Agreement

Between EQUITABLE TRADE GROUP LTD. (“Issuer”) and Member (“Member”)

RECITALS

WHEREAS, the Issuer operates a private exchange and related services in accordance with applicable laws and is subject to Canada’s Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) framework, including the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (“PCMLTFA”);

WHEREAS, the Member seeks to participate in transactions, programs, or services offered by the Issuer;

WHEREAS, the Issuer wishes to establish clear terms absolving it from liability for the independent conduct and compliance of the Member;

NOW, THEREFORE, in consideration of the mutual undertakings set forth herein, the parties agree as follows:

1. DEFINITIONS

1.1 Issuer – refers to EQUITABLE TRADE GROUP LTD., its successors, affiliates, and assigns.
1.2 Member – refers to the individual or entity entering into this Agreement with the Issuer to purchase or otherwise participate in Issuer’s offerings.
1.3 Applicable Laws – includes all statutes, regulations, and obligations arising under Canada’s AML/ATF regime, the PCMLTFA, and comparable international standards.

2. MEMBER’S INDEPENDENT RESPONSIBILITIES

The Member acknowledges and agrees that:

  • The Member is solely responsible for its own compliance with Applicable Laws, including obligations related to corporate transparency, beneficial ownership, record keeping, identification, reporting, and participation in high-risk or regulated activities.

  • The Issuer has no obligation to verify the Member’s internal compliance programs, reporting duties, or due diligence practices.

3. NO LIABILITY OF ISSUER

The Member agrees that the Issuer shall not be held responsible or liable for any act, omission, or consequence arising from the Member’s conduct, including but not limited to:
a. Violations of AML/ATF requirements, including matters relating to beneficial ownership, politically exposed persons, high-value goods, real estate, mortgage lending, or money services.
b. Misuse of exchanged information, breaches of privacy, or disclosure of personal or financial data as required by law or by competent authorities.
c. Transactions involving electronic funds transfers, bulk cash, border movements, or other financial instruments subject to reporting.
d. Investigations, penalties, or enforcement measures undertaken by regulators, law enforcement, or international authorities.

4. INDEMNIFICATION

The Member shall indemnify, defend, and hold harmless the Issuer, its directors, officers, employees, and agents from and against any claims, liabilities, penalties, losses, or expenses (including reasonable legal fees) arising out of or connected with the Member’s actions, omissions, or failure to comply with Applicable Laws.

5. ACKNOWLEDGEMENT

By entering into this Agreement, the Member acknowledges that:

  • The Issuer makes no representations or warranties as to the legality or regulatory sufficiency of the Member’s activities.

  • The Issuer’s role is limited to providing its services, and all risk relating to the Member’s business or regulatory standing rests solely with the Member.

6. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia and the laws of Canada applicable therein.

7. DISPUTE RESOLUTION & ARBITRATION

7.1 Any dispute, controversy, or claim arising out of or in connection with this Agreement shall first be subject to good faith negotiations between the parties.
7.2 If the dispute cannot be resolved within thirty (30) days, it shall be submitted to binding arbitration under the rules of the British Columbia International Commercial Arbitration Centre (BCICAC), or its successor.
7.3 The arbitration shall take place in Vancouver, British Columbia, Canada.
7.4 The arbitral award shall be final and binding on the parties, and judgment upon the award may be entered in any court of competent jurisdiction.
7.5 Each party shall bear its own legal costs, with arbitration fees shared equally, unless otherwise determined by the arbitrator.

8. ENTIRE AGREEMENT

This Agreement constitutes the entire understanding between the Issuer and the Member with respect to the subject matter herein and supersedes any prior representations or agreements.

9. EXECUTION

This Agreement is executed voluntarily and with full knowledge of its terms.


EQUITABLE TRADE GROUP LTD.

583 Richards Street

Vancouver B.C. V6B 2Z5

Canada