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   If the partner makes use of the Money Back Guarantee and drops out, then all the salary and payouts paid will be withdrawn in his refund back amount.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:   Joining partner can withdraw his partnership and get 100% of his money back received by 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. 

Business Financials:  Per Development.

1.  Extra revenue from overbooking upto 50%.

2.  Extra revenue from Interest received on Investor deposits.

3.  Extra revenue. 5 years is a long time. Circumstances change during that period. ( Financial, death, Paper losses, Forgetfulness, Abandonment, Travel during that time). Statistics show that 30% of the buyers are not be able to close their purchases and forfeit their deposits. That is extra revenue in our pocket.

4.  Extra revenue on listing new projects in our pipeline.

Additional Lifelong Income:  On completion, when the properties are operational, the Management will receive 15% as their management fees on all the operational collection and sales from the rooms, parking, restaurants, coffee shops, bars, party rooms, operation theaters, retail shops, leases, rentals, etc. This is projected to bring an additional $20 million per year. This is running income.

Annual Salary of a full 50% Partner is US$1,000,000.00, or as mutually decided.  Pro-rata salary for smaller shares.

Compensations to the Joining Partner:  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 this Business is so strong and the returns assured that we are confident in giving you this guarantee.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. 

1.  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

 2.  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

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. 

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.