Royal Shipwrights Company


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-I’d like to welcome you to the official website and storefront of the Royal Shipwrights Company. We want to expand our market base and open up our products to the world. In light of which, the Royal Shipwrights Company opened this storefront as a comprehensive, but succinct, resource that is easily accessible to all past, present and future clients and investors. This resource is regularly updated with the latest products and customer information pertinent to your needs. It is easily navigable and we hope you will be able to find all the information you need. Our communication director (see the Management Team section) and her friendly and capable team at the Customer Care Center is ready to assist you with all your requests and needs.

The Royal Shipwrights Company has the vision to be the number one builder of ships and other maritime equipment in the world. We have the infrastructure, in-house research and development team, experienced and qualified personnel, and production facilities to build the best ships for you. Our company was started over 200 years ago. We have been at the forefront of maritime combat technology for decades. Our expertise in this field is unmatched. Moreover, we want to cater to the specific needs of our clients. We work with and for your individual needs while finding ways to work around budget constraints. We strive to be a company that puts our clients first and ensure that you are satisfied with every purchase.

This resource is comprised of different sections for understanding the terms and conditions, application process, the team behind the making of your precious purchase and a history of our company so that you are familiar with who we are and where we’ve come from. I hope that you will find the perfect model. Feel free to contact any of our directors for any requests, questions or comments. I hope that you will enjoy your stay. Thanks for visiting.

[th colspan=“3”]Table of Contents[/th][th][/th][th]Section[/th][th][/td]1HistoryThis section contains a brief history of our company. It desccribes how the company has evolved and how this has shaped its modern character.2A Message from the Legal TeamThis section contains all the terms and conditions you need to know. This also contains information on how to get assistance on any legal issues.3A Message from the Financial TeamThis section contains all the information you need to know about refunds, making payments, financial assistance available and credit terms.4The Management TeamThis section gives a brief biography on one of the major players behind the running and management of our company.5CatalogueThe Catalogue contains all the information on available ships.5Ordering your shipThis section contains information on ordering your ship.
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The Royal Shipwrights Company was founded approximately 200 years ago. Idi Iliyodu was a blacksmith from the city of Kahiru in the early 1800s. He apprenticed under the Master Smithy Thayimu Tajiku, a prolific master of metallurgy. He grew in prominence himself. He was so prized for his skill, particularly at making mechanical machines, that he was was asked by a South Hills company to work for them. He accepted their offer and moved to South Hills shortly after. He worked for the company learning the skill and craft of making steam engines and steam technology. He cultivated this gift accrued knowledge on the intricate process behind this new technology, that catalysed and defined modern industrialisation and technological development. With the skills that he acquired, he approached a Hamanian company that made ironclad ships. The company had gone bankrupt after failing to pay back its debts. He bought the remaining assets that the company owned and employed its former crew.

He leased one of the dockyards from the Crown. In this yard, he began repairing ships that had been damaged by storms, accidents or egular wear and tear. After making a sizeable fortune, he invested in building ships of his own. The company began building steam powered ironclad ships. The company was still relatively small and desperately needed support of it was to remain viable in the long run. The Crown, noticing his activities and wanting to advance Hamanian shipbuilding (which did not catch on ironclad and steam technology, falling flat as rigid copyrights prevented exploration into the sector. The Crown invested in the company. With its financial and legal support, the company was renamed to the Royal Shipwrights Company and began building ironclad steam powered ships.

In the 1910s, the company began making warships. The company began by adapting civilian ships with machine guns and batteries for the Imperial Navy. The company bought patents for the making of corvettes and frigates from a Staynish company. They worked on the designs and began producing those ships. The company built the Royal Shipwrights Company Laboratories in partnership with the Komodu Institute for Science and Technology in the 1950’s. They began dramatically expanding their in-house research. They developed new hydraulic systems, delivery systems, adapted new armour and defence, developed mine detection technology, and installing radar. The company then began producing its first submarines in the 1970s. This project was a failure and failed to attract customers. In the 1980s the company started on the project again. They solved the propulsion issues, and managed to create a unique hull-lock and internal pressure system that allowed the ships to dive even deeper than they had before. In the 1990s the company began the construction and development of an aircraft carrier for the Imperial Navy. This carrier significantly expanded the research and production capabilities of the company. The prototype was completed in 1998 and successfully tested. In 2001, the final product came online. The company has been going from strength to strength ever since.
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The Legal Team at the Royal Shipwrights Company would like to present the following terms and conditions.

— Begin quote from ____

Section 1: The Royal Shipwrights Company (hereinafter referred to as “company”) is a public propriety limited company constituted in terms of Hamanian law (in reference, in particular, to the Company Act 12 of 1993 and Maritime Industries Act 34 of 2004, notwithstanding all other case, by and statutory laws and applicable). This means that the Company and its shareholders are separate legal entities. While the Company is owned by shareholders, the Company owns all the designs, assets and other property physical and intellectual contained in this site. As such it is a legal personality distinct from its shareholders.
Section 2: The content of this site and all the information and images on it are property of the Company. Unauthorised distribution, reproduction, redistribution and modification shall be subject to legal action and full compensation under the Digital Information Act 34 of 2008. The blueprints and specifications are registered as the trademarked property of the Company under the Copyrights and Intellectual Property Act of 2007. The designs and other information are not the property of the design, research and development team and staff therefore they cannot provide clearance of use or sale of the aforementioned copyrighted intellectual property.
Section 3: The Company has the right to refuse to conduct business before the completion of a sales contact. Under Hamanian law we are bound with certain customer protection legislation under the Consumer Protection Act 17 of 2014. We reserve the right to deny and order.
Section 4: We will not release personal information about our staff except to the legal authorities of the Kingdom of Hama in line with the Criminal Procedure Code as mandated. We will not share personal information about our clients, their relative and any other information. Any information conducted as part of a survey or other research will be kept anonymous.
Section 5: The Royal Shipwright Company shall only render services to Clients who have official diplomatic representation in Hama. To request an embassy with Hama please submit a form here: http://forum.theeastpacific.com/topic/7016731/
Section 6: Enemy and hostile states to the Kingdom of Hama WILL NOT BE CONSIDERED AND THE APPLICATION SHALL BE AUTOMATICALLY REJECTED
Section 7: The Client may not reverse engineer products sold to them.
Section 8: PLEASE READ, ACCURATELY AND COMPLETELY FILL OUT THE APPLICATION FORM, PAYMENT FORM AND CONTRACT otherwise your application may be REJECTED.

— End quote

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You MUST pay a deposit fee of 20% of your purchase excluding tax.
All customs and taxes will be added on TOP of the price and MUST be paid by the Client.
The client shall enter into a payment agreement with the company on how you would like to pay the outstanding fee for your purchase. Please complete and return the form below with your order:


**Payment agreement**

I, [INSERT THE CLIENT NAME] agree to pay the Royal Shipwrights Company a deposit (20% of the total purchase price excluding taxes) of [INSERT AMOUNT]. The outstanding balance shall be paid back in equal payments as follows (tick box)
  ]One full payment upon receiving the asset.
  ]One full payment 6 months from the end of cancellation period (with a claimable refund of 5% of purchase excl. tax)
  ]Monthly (interest of 5% compounded monthly) for 2 years commencing one year after the end of the cancellation period
  ]Quarterly (interest of 7% compounded monthly) for 2 years commencing one year after the end of the cancellation period
  ]Semi annually (interest of 12% compounded monthly) for 2 years commencing one year after the end of the cancellation period
  ]Annually (interest of 18% compounded monthly) for 2 years commencing one year after the end of the cancellation period

If you fail to make a payment, you agree to pay a 100,000 KRB late fee. If you fail to make 2 payments, the company has the right to terminate the agreement and retain all monies paid up to that point. [To request a waiver, please send a message and the Board will discuss the issue].
Signed

_________________ DATE:
Client

_________________ DATE:
Witness


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Malakim Binhaminu is the incumbent CEO. He has served in this position for the past 7 years. Malakim Binhaminu has a Bachelor of Accounting degree with the University of Komodu and a Master of Business Administration degree from the University of Lutherburg, Kuthernburg. He is an assertive leader who brings out the best in his employees. He is well spoken and highly intelligent. He supports the collaboration of companies with universities to prepare new engineers, scientists and other professionals and conduct research. He has consolidated the research and scholarship financing under a single fund, the Malakim Binhaminu Fund that is funded by the Royal Shipwrights Company.The Chief Executive Officer, colloquially known as the CEO is the highest senior corporate officer, administrative head and executive leader of the company. He reports to the Board of Directors on a regular basis. He charged with overseeing the daily administration of the company and the daily issues that the company is confronted with. He has a critical role in the appointment of senior staff.-https://serving.photos.photobox.com/5385940513d044fa28c8f3effe178db45099553d828cbaad94efb8906b1234992943014b.jpg
Israyelu Yakobu is the Chairman of the Board of Directors. Israyelu Yakobu is a former investment consultant. After graduating from the University of Kahiru with a Bachelor of Finance degree, he published several books among them the best-selling How to be a millionaire. His work has had an enormous impact across the globe.The Chairman presides over meeting of the Board of Directors. He calls the meetings upon a request of the board, three directors or shareholders owning at least 25% of the stake in the company. He also organizes the annual general meeting of the shareholders and presents the report of the Board to it.-
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The current Financial Director is Basamu Ibrahimu II. He is the son of the property magnate, Basamu Ibrahimu I. He studied Actuarial Science at the Royal Bursil University in Styanes, the United Kingdom, and studied his Masters in Taxation Law at the Abrahamic University of Hama. He is a shrewd, rigorous financial managers, lauded by peers for his high integrity.The Financial Director manages the financial operations of the company. He works with his team to update the Financial Terms and Conditions. He prepares the financial statements and reports on the financial health of the company to stakeholders.-
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Mahadu Fayisalu is the Legal Director of the Royal Shipwrights Company. He has received his Bachelor of Law degree at the University of Hama. He went on to attain his Master and Doctor of Law degrees the the University of Komodu. He is a strong legal advisor and representative, and academic. He has worked on several important cases for large clients. He is responsible for the legal policies of the company, advising the Board on and handling all legal matters relating to the company. He ensures that the company remains compliant with its legal obligations within the jurisdictions of its operations.-
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Zahara Suleymanu is the head of research and development. She is an A-rated researcher. She graduated from the Komodu Institute of Science and Technology with a Bachelor of Engineering degree in Chemical Engineering. She went on to get a Masters and Doctoral Degree in Nuclear Physics. Her research on gamma radiation on ships remains a prolific standard for the industry. She is the head of the Research and Development Team. She oversees the development of new products and the designs of the ships. She oversees the process of invention and innovation.-
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Ramina Basimallahu is the head of the production team. She graduated from the University of Abadulahu with a Bachelor of Engineering degree in Mechatronics (a combined degree of mechanics and electronics). She manages and oversees the actual production of ships. She oversees the construction and production of their parts. She facilitates the realisation of conceptualisations of the R&D Team

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The following catalogue contains generic descriptions of the products offered by the Royal Shipwrights Company. We believe that ships that the ships we build must be catered to the specific needs of our clients. When you find a ship you like, please submit an order form. Our team will liaise with you to discuss the details that your order will involve. We produce 4 types of surface combatant ships and 1 type of subsurface combatant ship.

  1. Light aircraft carrierhttps://serving.photos.photobox.com/08941659432f8246d45b05e04c55e0b00b76268600a7c93472dbcf8111de1116ae7d4af7.jpg
    The light aircraft carrier is smaller than standard aircraft carriers, with an approximate size of two-thirds of a standard carrier. It is powered by conventional fuel. This carrier is considerably faster and more maneuvrable than a standard aircraft carrier. In large fleets, it allows for an increased distribution of the firepower and acts as an excellent support for supercarriers. For countries with smaller navies, the light aircraft carrier can significantly expand your existing operations and the ability to maintain combat at sea for long distances and periods. It is more affordable than the supercarrier especially in terms of operating and maintenance costs as many of the parts and much of the fuel that is used in other seagoing vessels are used for this ship.Length: 200m
    Displacement: 18,000 tonnes
    Beam: 25m
    Draught: 8m
    Propulsion: Royal Redrugus single reduction turbines .
    Speed: 50 km/h
    Complement: 1,200 (incl. airmen)
    Armament: General Guns 20 single mounts and 10 twin mounts
    Aircraft carried: 40 fixed wing
    Purchasing price: 4 to 5 billion KRB
    Estimated life: 30 years
    Estimated construction time: 9 years.2. Landing shiphttps://serving.photos.photobox.com/84695775275e9c4be43290882353f1c5e0dd1147b1749f9e4539a1b4809bd6d4fc178dd6.jpg
    The landing ship enables a navy to conduct direct land invasion and amphibious combat operations. The ship is able to carry rotary aircraft on its deck. It is able to carry tanks, vehicles, cargo and men directly onto shore with no docks or piers. It has a special flat keel that allows it to stay upright. This allows it to assault almost any beach. The propellers and rudders are protected from grounding. It has a large door that acts as a ramp when unloading vehicles.Length:
    Displacement: 5,000 tonnes and 10,000 when fully loaded
    Beam: 20m
    Draught: 6m
    Propulsion: Royal Redrugus diesel 16,000 shaft horsepower and 3 generators.
    Speed: 40 km/h
    Complement: 20 (100 additional)
    Troops: 600
    Aircraft carried: 10 rotary aircraft
    Purchasing price: 2 to 2.5 billion KRB
    Estimated life: 35 years
    Estimated construction time: 6 to 8 years3. Destroyerhttps://serving.photos.photobox.com/64976620f412973c216554cdaff1acec9336df6cfc56e101c92e8619626a53af554481d2.jpg
    The destroyer is a fast, maneuverable, long-endurance warship that defends larger ships in a battle group from shart-range attack or conducts combat in its ownright. It is armed with guided missiles that allow it to conduct surface to surface and surface to air combat. These ships are designed for anti-aicraft combat. The hull and superstructure are designed to have a radar cross section. To some extent the name destroyer may be a misnomer as our destroyers are larger than ships that were once classified as guided missile cruisers. In line with the Hamanian Naval Handbook, we have classified our ships as destroyers.Length: 150m
    Displacement: 10,000 tonnes
    Beam: 20m
    Draught: 10m
    Propulsion: Royal Redrugus gas turbines .
    Speed: 60 km/h
    Complement: 300
    Armament: kAE ballistic missile and guided missile launchers, General Guns twin and single mounts
    Purchasing price: 1 to 2 billion KRB
    Estimated life: 30 years
    Estimated construction time: 6 years.4. Frigate
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    Frigates are used to protect other warships and merchant-marine ships, especially as anti-submarine warfare (ASW) combatants for amphibious expeditionary forces, underway replenishment groups, and merchant convoys. We produce two types of frigates: frigates that specialise in guided missile roles or anti submarine warfare roles, depending on the needs of our clients and the combat role to be fulfilled. This ship has the superficial structure of ships such as corvettes and destroyers. It is easy to maintain, parts are easy to fine and it is easy to refuelLength: 80m
    Displacement: 5,000 tonnes
    Beam: 17m
    Draught: 7m
    Propulsion: Royal Redrugus diesel generators
    Speed: 62 km/h
    Complement: 200
    Armament: kAE anti ship and anti submarine weapons, General Guns anti aircraft weapons and guided missile launchers
    Purchasing price: 600 million KRB
    Estimated life: 25 years
    Estimated construction time: 4 years5. Corvette
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    This is generally the smallest seagoing naval combat vessel kept by a navy. It is the fastest ship we produce. It is extremely agile. It is able to navigate in fairly tricky waters. Its small size makes it easy to repair and refuel. It is a fast strike ship. It is adept at attacking larger ships such aircraft carriers and cruisers. Its ability to use its small size to take on heavier opponents is a major asset. We are also in the process of phasing in stealth technology for our corvettes.Length: 50m
    Displacement: 1,000 tonnes
    Beam: 10m
    Draught: 2m
    Propulsion: Royal Redrugus diesel generators
    Speed: 70 km/h
    Complement: 20
    Armament: kAE anti ship and anti submarine weapons, General Guns anti aircraft weapons and guided missile launchers
    Purchasing price: 300 million KRB
    Estimated life: 20 years
    Estimated construction time: 3 years.6. Diesel electric submarine
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    A submarine is a ship that is designed to be submerged. Instead of driving the propeller directly while running on the surface, the submarine’s diesel drives a generator that can either charge the submarine’s batteries or drive the electric motor. This makes electric motor speed independent of diesel engine speed, so the diesel can run at an optimum and non-critical speed. One or more diesel engines could be shut down for maintenance while the submarine continued to run on the remaining engine or battery power. It can fall to depths of 400 to 600 metres for extended periods of timeLength: 70m
    Displacement: 6,000 tonnes
    Beam: 11m
    Draught: 10m
    Propulsion: Royal Redrugus diesel engines
    Speed: 60 km/h
    Complement: 90
    Endurance: 90 days
    Test depth: 400m
    Armament: torpedoes and cruise missiles
    Purchasing price: 900 million to 1.3 billion KRB
    Estimated life: 30 years
    Estimated construction time: 6 years.
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Now that you have decided on the ship you want, please fill out the following form to order form, read through and sign the contract of service:


**Order form**
**Name of Client:**
***Domicilium executandi *(address to which legal notices can be posted):**
**Email address:**
**Contact numder:**
**Ships ordered:**
**Quantity:**
**Total amount (excluding tax):**
**Deposit (20% of total amount excl. tax):**
**Specifications (please insert any specifications you might have:**
[hr]
**Contract of Service**
This Contract of Service (hereinafter referred to as the "Contract") shall take effect as of [INSERT DATE]
**BETWEEN:**
[INSERT NAME OF CLIENT] (hereinafter referred to as "the Client")
and the Royal Shipwrights Company Plc. Ltd. (hereinafter referred to as "the Supplier")
**Section 1**
The Client and the Supplier are recognised as legal personalities, represented by their qualified representatives, free to undertake and partake in this contract. Where matters of this contract conflict under their respective home-jurisdictions (for the purposes of this act defined as the legal jurisdiction (as recognised by international law and customs) in which the domicilium executandi of the signatory is located), shall be subject to mutual modification and agreement. This contract shall come into force upon the consent of the appropriate authorities of the jurisdiction concerned, erstwhile the signatories have appended their signatures thereto.
**Section 2**
The Supplier is obligated to provide services to the Client (as laid forth in Section 3). Failure to provide such service, the Supplier shall incur all legal and other costs arising therefrom by way of its own negligence, incapacity and other reasonable condition. It shall provide to the client these services, failing to do so, return the deposit. The Supplier is not obligated to incur expense for any potential or perceived future losses or damages that the Client may face any failure to provide the service requested.

A deposit of 20% of the selling price (excluding customs duties and other taxes and fees levied) shall be paid upfront at the following bank account:
**Bank:** LabiaTurtle Bank
**Branch:** Khalifa Park, Komodu, Hama
**Branch code:** 1400050
**Account number:** 1280023892
**Swish code:** DBE-0098B

No services shall be rendered until the deposit has been paid. The Supplier is obligated to give the Client a notice of at least 100 days before services can be rendered, in which time the Client may cancel their order and receive their deposit. In the event that the Client cancels their order within the 100 days period mentioned above, they shall be liable for a cancellation fee of 20% of the deposit fee (excluding applicable taxes and levies). The Client cancels the order after the 100 day cancellation period has lapsed, the Supplier may retain the deposit. The Supplier shall not be liable for any costs incurred and damage suffered as a result of the cancellation.

**Section 3**
The Supplier shall be obligated to render the following services:
[listl[li]The development of the ordered ship[/li]*]The production of all required parts.
*]The assemblage of the ship.
*]The testing and inspecting of the ship requested.
*]Repairs necessary if the ship is found to be faulty or damaged by the fault of the Supplier before and after control of the ship has transferred.[/list]

The point at which control of the completed ship is transferred to the Client (whereby the risk and rewards of ownership are transferred from the Supplier to the Client shall be at the point where the ship is delivered and received by the client. Furthermore, the Supplier and Client must sign an agreement of transfer, whereby control of the ship is transferred upon the successful completion of a test (as recommended by international maritime convention) ensuring that the ship is in working order and all requested and agreed upon components to the ship are present and working.

**Section 4**
The Client and the Supplier must supply a letter from the highest authority in their respective legal jurisdictions approving of and authorising the sale, prior to this contract taking. Upon a positive affirmation of receipt of the other's letter of confirmation, shall this agreement come into effect. This agreement hereby takes effect and is sealed upon the signatures of the parties thereto:


________________________ DATE:
Client

________________________ DATE:
Witness

*Malakim Binhaminu* DATE: INSERT DATE
Supplier

*Basamu Ibrahimu* DATE: INSERT DATE


Please refer to the section on terms and condition under Message from the Legal Team and make sure you submit the payment agreement under Message from Financial Team.[hr]
OOC: Please date your request to the number of years before construction of your ship would have been completed as of the point you actually submit your order RL. For example: if your ships take 10 years to build then date your order as 2008.
The company is also open to negotiation. You can ask for lower prices or renegotiate the payment plan.

Order form
Name of Client: Royal Furnifold Navy
Domicilium executandi : http://forum.theeastpacific.com/topic/7007076/
Email address: See above
Contact numder: See above
Ships ordered: Corvettes and Frigate(s)
Quantity: Contingent upon agreement of price
Total amount (excluding tax): 2.4 billion KRB
Deposit (20% of total amount excl. tax): 480 million KRB
Specifications (please insert any specifications you might have: Request frigates be guided missile roles and contain one 17*17 meter helipad. Request corvettes not have anti-submarine and guided missile armaments, and instead be outfit with two remote weapons stations possessing 30mm chain guns.
[hr]
Contract of Service
This Contract of Service (hereinafter referred to as the “Contract”) shall take effect as of 2008
BETWEEN:
Royal Furnifold Navy (hereinafter referred to as “the Client”)
and the Royal Shipwrights Company Plc. Ltd. (hereinafter referred to as “the Supplier”)
Section 1
The Client and the Supplier are recognised as legal personalities, represented by their qualified representatives, free to undertake and partake in this contract. Where matters of this contract conflict under their respective home-jurisdictions (for the purposes of this act defined as the legal jurisdiction (as recognised by international law and customs) in which the domicilium executandi of the signatory is located), shall be subject to mutual modification and agreement. This contract shall come into force upon the consent of the appropriate authorities of the jurisdiction concerned, erstwhile the signatories have appended their signatures thereto.
Section 2
The Supplier is obligated to provide services to the Client (as laid forth in Section 3). Failure to provide such service, the Supplier shall incur all legal and other costs arising therefrom by way of its own negligence, incapacity and other reasonable condition. It shall provide to the client these services, failing to do so, return the deposit. The Supplier is not obligated to incur expense for any potential or perceived future losses or damages that the Client may face any failure to provide the service requested.

A deposit of 20% of the selling price (excluding customs duties and other taxes and fees levied) shall be paid upfront at the following bank account:
Bank: LabiaTurtle Bank
Branch: Khalifa Park, Komodu, Hama
Branch code: 1400050
Account number: 1280023892
Swish code: DBE-0098B

No services shall be rendered until the deposit has been paid. The Supplier is obligated to give the Client a notice of at least 100 days before services can be rendered, in which time the Client may cancel their order and receive their deposit. In the event that the Client cancels their order within the 100 days period mentioned above, they shall be liable for a cancellation fee of 20% of the deposit fee (excluding applicable taxes and levies). The Client cancels the order after the 100 day cancellation period has lapsed, the Supplier may retain the deposit. The Supplier shall not be liable for any costs incurred and damage suffered as a result of the cancellation.

Section 3
The Supplier shall be obligated to render the following services:

[ul][li]The development of the ordered ship
[li]The production of all required parts.
[li]The assemblage of the ship.
[li]The testing and inspecting of the ship requested.
[li]Repairs necessary if the ship is found to be faulty or damaged by the fault of the Supplier before and after control of the ship has transferred.[/li][/ul]

The point at which control of the completed ship is transferred to the Client (whereby the risk and rewards of ownership are transferred from the Supplier to the Client shall be at the point where the ship is delivered and received by the client. Furthermore, the Supplier and Client must sign an agreement of transfer, whereby control of the ship is transferred upon the successful completion of a test (as recommended by international maritime convention) ensuring that the ship is in working order and all requested and agreed upon components to the ship are present and working.

Section 4
The Client and the Supplier must supply a letter from the highest authority in their respective legal jurisdictions approving of and authorising the sale, prior to this contract taking. Upon a positive affirmation of receipt of the other’s letter of confirmation, shall this agreement come into effect. This agreement hereby takes effect and is sealed upon the signatures of the parties thereto:

Royal Furnifold Navy DATE: May, 2008
Client

Malakim Binhaminu DATE: May, 2008
Supplier

Basamu Ibrahimu DATE: May, 2008

[hr]

Payment agreement

I, Royal Furnifold Navy, agree to pay the Royal Shipwrights Company a deposit (20% of the total purchase price excluding taxes) of 480 million Kirib. The outstanding balance shall be paid back in equal payments as follows (tick box)
One full payment upon receiving the asset.
One full payment 6 months from the end of cancellation period (with a claimable refund of 5% of purchase excl. tax)
Monthly (interest of 5% compounded monthly) for 2 years commencing one year after the end of the cancellation period
Quarterly (interest of 7% compounded monthly) for 2 years commencing one year after the end of the cancellation period
Semi annually (interest of 12% compounded monthly) for 2 years commencing one year after the end of the cancellation period
Annually (interest of 18% compounded monthly) for 2 years commencing one year after the end of the cancellation period

If you fail to make a payment, you agree to pay a 100,000 KRB late fee. If you fail to make 2 payments, the company has the right to terminate the agreement and retain all monies paid up to that point. [To request a waiver, please send a message and the Board will discuss the issue].
Signed

Royal Furnifold Navy DATE: May, 2008
Client

— Begin quote from ____


To: The Royal Furnifold Navy
We hope that this correspondence finds you well. We are honoured that you have selected the Royal Shipwrights Corporation to fit your navy with new assets. We assure you that the culture of excellence at our company will ensure that any assets that you wish to purchase are the best. We have received your request for a renegotiation of the cost of your ship. We would like to invite one of your representatives to our headquarters in Komodu to further discuss any way forward. The board has been convened and is willing to discuss a way forward and hopes to draw up an agreement that will work for us both. His Highness, Prince Muhammadu will facilitate the negotiations. We would like to conduct the meeting on 20 April 2008, at the Anchorage, Komodu at 09H00 WYT[note]Western Yasteria Time[note]
Malakim Binhaminu
Office of the Chief Executive Director

— End quote

— Begin quote from ____


To: The Royal Furnifold Navy
Date: 30 May 2008
[hr]I hope that this correspondence finds you well. We are glad to inform you that the discussions with your emissary went well. We have carefully considered the request that you have made. We are thankful for your cooperation in this matter and we apologise for any inconvenience caused as a result. The Board has carefully studied the request. We would like to provide an alternative payment plan and discounted rate. We are willing to offer a 10% discount with and including the requested cost-cutting modifications that you have requested. We are also willing to extend the payment of your assets from 2 (two) to 5 (five) years and lower the interest rate from 18% compounded monthly to 14% compounded monthly.

We believe that, in light of the budget constraints you face to which your representative has made us fully aware and the strategic relationship between yourself and the Kingdom of Hama, this amendment to the payment terms is the best option for both of us. A notice of request was submitted to the Parliament of Hama. The Parliament has cleared the transaction and approved the contract. Please send us a copy of the approval letter of the relevant authority in the Royal Republic of Furnifold so that we can proceed to the transfer of funds and the finalisation of the contracts and payment agreement. This will be done at the LabiaTurtle Bank branch in the Komodu suburb of Khalifa Park by live representatives of yours and ourselves. We estimate that the construction of all your ships should be complete by 2018. You can expect the first two ships to be complete by 2011, the third and fourth to follow by 2015 and the last on 2018.

It was a pleasure doing business with you.

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[th colspan=“2”]SHIPS REQUESTED[/th]Frigates3Corvettes2
Total cost: 2,400,000,000 KRB
Discount: 240,000,000 KRB
Final cost excluding tax: 2,160,000,000 KRB
Deposit: 432,000,000 KRB
Residual amount: 1,728,000,000 KRB
Total residual amount with interest: 3,465,693,722 KRB
Annual repayments: 693,138,744.4 KRB

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Malakim Binhaminu
CEO of the Royal Shipwrights Company

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OOC: You do NOT have to actually prepare and send a letter of approval.