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   MEMBERSHIP AGREEMENT:
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INTELCOM: Membership Agreement
.................................................................................

Membership Agreement
of Innovation Business Club "INTELCOM"

  1. GENERAL PROVISIONS

  2. DEFINITIONS

  3. SUBJECT OF THE AGREEMENT

  4. RIGHTS AND OBLIGATIONS OF THE PARTIES

  5. ANNUAL FEE FOR THE CLUB'S MEMBERSHIP, ADDITIONAL PAYMENT OF SERVICING AND SERVICES. PROCEDURE OF SETTLEMENTS

    5.1. Amount of annual fee is 30 conventional units (1 conventional unit is 1 U.S. Dollar).

    5.2. Additional payment for servicing and services is specified by Annexes No.1 and No.2 to this Agreement.

    5.3. Period of rendering additional services is a multiple of 7 calendar days, is a continuous one and cannot exceed the paid period of the membership with the Club. The date of beginning of rendering of additional services cannot precede the receipt of confirmation of payment for the specified service.

    5.4. Cost of consulting services is determined by INTELCOM following receipt of a question from the Club's member. Following agreement of a price, scope of consultation and term of provision of information, the Club's member makes a payment. Information on the amount of the bill for consulting services is placed in the Profile section in INTELCOM's website and is accessible to the Club's member following authorization using a log-in and a password which were given to a Club's member upon registration.

    5.5 Club's administration has a right to unilaterally review prices for services and an amount of annual fee, introduce new tariffs. INTELCOM notifies a Club's member on introduction of new prices by placing a notice about this in the website and sending the relevant notice to the contact e-mail address specified upon registration. Effective date of new tariffs shall be the date of their publication in the INTELCOM's website. In case of tariffs changes, payment made earlier is not recalculated according to new tariffs.

    5.6. Payment for services is made by certified check, money order or can be made by wire transfer * (in US Dollars or Euros). The Club's member shall specify in the payment document an number of the individual Club's card ("ICC number:______") given to him and a code of the service ("Code of the service:________") being paid for. INTELCOM has a right not to provide services in case the Club's member failed to specify an individual number of the Club's card, or a code of a service until payment document is brought into conformity.

    5.7. Club's member independently bears responsibility for accuracy of payments made by him. Upon changes to INTELCOM's banking requisites, from the moment of publication of new requisites at the Club's website, a Club's member is independently responsible for payments made using the out-of-date requisites.

    5.8. The fact of making a payment of the annual fee or for a service is considered confirmed following receipt of information from the bank on the monetary means entered the INTELCOM's account.

    5.3. Any changes to the tariffs for subscriptions will not affect current Subscribers for the duration of their agreement. The effective date of any new tariff plan will be the date of its publication in the "INTELCOM" web site.

    5.4. The Subscriber is responsible for the correct payment amount for membership.

    * For those who selected a wire transfer payment option, please, add 15(fifteen) US dollars bank fees to the regular payment.

  6. ORDER OF CONCLUDING AND PROLONGATION OF AGREEMENT. TERM OF AGREEMENT

  7. ORDER OF INTRODUCTION OF AMENDMENTS AND CANCELLATION OF AGREEMENT

  8. SIMULTANEOUS

  9. LEGAL ADDRESS AND PAYMENT DETAILS

    ANNEX No.1

    ANNEX No.2

    ANNEX No.3


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