Offshore Banking with a Swiss Bank Account and Nevis LLC

Annua fee

7. Every corporation shall pay to the Minister of Finance an annual
as prescribed in the schedule required to be promulgated by the
Minister of Finance under this Ordinance.

Waiver of notice

8. Whenever any notice is required to be given to any shareholder
or director or bondholder of a corporation or to any other person
under the provisions of this Ordinance or under the provisions of
the articles of incorporation or bylaws of the corporation, a waiver
thereof in writing, signed by the person or persons entitled to such
notice, whether before or after the time stated therein, shall be
deemed to be equivalent to the giving of such notice.

Notice to Shareholders

9. Any notice or information required to be given to shareholders
of of bearer shares shall be provided in the manner designated in the
Bearer Shares corporation’s articles of incorporation or bylaws or, if the notice
can no longer be provided as stated therein, the notice shall be
published in a publication of general circulation in Nevis or in a
place where the corporation has a place of business. Any notice
requiring a shareholder to take action in order to secure a right or
privilege shall be published or given in time to allow a reasonable
opportunity for such action to be taken.

Construction 10. In construing this Ordinance, or any part hereof, the Courts or
any other person shall refer to the common law or to the
construction of the same or similar acts in other jurisdictions.