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Travelex Global Financial Services (Singapore) Pte. Ltd.
77 Robinson Road #35-01 Robinson 77 Singapore 068896
Reg. No.: 200619104D
CMS Licence No.: 100116-1
FORWARD CONTRACT ADDENDUM TO THE TERMS AND CONDITIONS
This Forward Contract Addendum to the Terms and Conditions (“Addendum”) is subject to and governed by the contractual
provisions set forth below. This Addendum supplements the Terms and Conditions to which Client has already agreed to be bound. This
Addendum is intended to govern only the Services regarding the sale and/or purchase of a Forward Contract(s); all other provisions of the
Terms and Conditions remain operative and are expressly incorporated by reference. The Terms and Conditions, not this Addendum, shall
govern all other Services. Where there is a conflict between the terms of this Addendum and the Terms and Conditions, the terms of this
Addendum shall control with respect to the Forward Contract Services set forth herein and solely to the extent of the conflict. Unless otherwise
specified herein, capitalised terms used, but not otherwise defined herein, shall have the same meaning assigned thereto in the Terms and
Conditions.
WHEREAS, Client and Travelex each desire from time to time to enter into a Forward Contract(s) with each other and, to have such Forward
Contract(s) be governed by the Terms and Conditions and this Addendum;
NOW, THEREFORE, in consideration of the rights and duties allocated below as well as in the Terms and Conditions, the Parties hereto
mutually agree to supplement the Terms and Conditions as follows:
1. Definitions
Additional Partial Prepayment (Margin Call/Risk Exposure Top-Up Payment): An additional security payment required by Travelex in
connection with a Foreign Exchange Contract. As used herein, specifically with respect to a Forward Contract. The amount of such
payment shall be determined solely by Travelex and shall be based on the actual adverse foreign currency fluctuation relative to Client’s
original Fo