3. AUTHORIZATION TO TRADE. Land Prime Ltd. is authorized to act as counterparty, or to purchase and sell Currency Forex, for customer's account(s) with counterparty banks or institutions, as Land Prime Ltd. deems appropriate, in accordance with the oral or online instructions of Customer or Customer's properly designated trading agent.

25. GOVERNING LAW AND JURISDICTION. This Agreement, and the rights and obligations of the parties hereto, shall be governed by, construed and enforced in all respects by the laws of New Zealand, where Land Prime Ltd.'s principal order execution facilities are located.

The concept of arbitrage, wrong (nonexistent) price execution and scalping, or taking advantage of these internet delays, cannot exist in an over-the-counter market where the client is buying and selling directly from the market. Land Prime Ltd. does not permit the practice of arbitrage on the trading systems and may cancel previously executed transactions at its own discretion.