: The applicant hereby agrees as long as the application is under consideration that Page 7 of 8 EFTA00128853 it will: A. Notify the Director of Banking and Insurance of any change in the information contained herein or in any of the documents submitted with or as part of this application. B. Furnish all such ad

authorizes the creation of these entities. Pursuant to Title 9, Chapter 25, Section 721,a copy of which is attached to this letter, the Director of Banking and Insurance is responsible for issuing the license to FSG to commence operations. FSG is not required to obtain a business license from the Department of Licens

14 Reminde to arrive Germany today via AF#1122 at 10:30pm (Rec Loc. 1:45pm Appt w/Erika Kellerhals (MM) 2:00pm Ap t w ohn McDonald, Director of Banking and Insurance, at STC (John McDonald / Tues. Oct 7, 2014 LSJ Reminder: Larry Delson is in NY but difficult to reach today, in meetings all day Wed. Oct 8. 201

er: to arrive Germany today via AF#1122 at 10:30pm (Rec. Loc. #DHPQAZ) 1:45pm Appt w/Erika Kellerhals ( ) 2:00pm Appt w/John McDonald, Director of Banking and Insurance, at STC (John McDonald Tues. Oct 7, 2014 LSJ Reminder: Larry Delson is in NY but difficult to reach today, in meetings all day Wet Oct. 8, 2014 LS

er: to arrive Germany today via AF#1122 at 10:30pm (Rec. Loc. #DHPQAZ) 1:45pm Appt w/Erika Kellerhals ( ) 2:00pm Appt w/John McDonald, Director of Banking and Insurance, at STC (John McDonald Tues. Oct. 7, 2014 LSJ Reminder: Larry Delson is in NY but difficult to reach today, in meetings all day Wed. Oct 8, 2014 L

She will be on West Coast. Back in Office Tues. Oct 14 Reminder: to arrive Germany today via at 10:30pm 2:00 pm Appt w/John McDonald, Director of Banking and Insurance, at STC (John McDonald Tues. Oct 7, 2014 LSJ Reminder: Larry Delson is in NY but difficult to mach today, in meetings all day Wed. Oct. 8, 2014 LS

hat Mapp is interested in speaking to you about "your bank". I assume that he is referring to FSG. Please be aware that Mapp was the Commissioner of Banking and Insurance during his tenure as It. governor (1994-1998), he was very involved and considers himself to be somewhat of an expert. FYI — I understand that Map

King Street, Suite 101, Christiansted, VI 00820 • Tel: (340)773.6459 • Fax: (340) 719-3801 Page 7 of 8 EFTA00606424 it A. Notify the Director of Banking and Insurance of any change in the information contained herein or in any of the documents submitted with or as part of this application. B. Furnish all such ad

rer. An exempt company which so qualifies may conduct business in the Virgin Islands if it obtains the appropriate license from the Commissioner of Banking and Insurance. The Exempt Company Law also prohibits Virgin Islands persons from both owning and controlling 10% or more of the stock of an exempt company; howeve

tive conduct of the business for which this certificate was granted within five (5) years of the date this certificate is signed by the Director of Banking and Insurance of the Office of the Lieutenant Governor." SUBSECTION 748-1. TRANSFER OF BENEFITS (a) This subchapter shall not be applicable in cases where any