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BUYER LETTER HEAD

TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

DATE: January --, 2014

LETTER OF INTENT/AGREEMENT

To: The Seller

I, Mr. ..................<name>.. of .<company>.,


passport no .<passport identity>, authorized signatory, hereby
confirm with full legal and corporate responsibility, that we are ready, willing
and able to undertake for the exchange of the herein described Bank Guarantee
(BG) derived from legal sources and of non-criminal origin through our banking
resources under the terms and conditions stated herein, against clean, clear, good
and of non-criminal Euro currency.

INSTRUMENT DESCRIPTION:

1. Instrument : Fresh Cut Bank Guarantee ICC Format 758


2. Issuing Bank : HSBC Bank Plc London
3. Total : Euro 1,000,000,000.00 ( Euro One Billion)
4. First tranche : Euro 500,000.000.00 (Euro Five Hundred Million)
5. Term : One Year And One Day
6. Delivery : Swift MT760
7. Sales Price : 44% of Face Value
8. Commission : 1% + 1% of Face Value
9. Hard Copy : Within 7 banking days by bank bonded courier

TRANSACTION PROCEDURE:

1. Seller and Buyer execute, sign and initial this Letter of Intent/Agreement
with CIS, Passport Copy, Full Banking details which thereby automatically
becomes a full commercial recourse contract after Buyers application has
been accepted by the Seller.

2. Within Three (3) banking days after the counter signing the agreement and
simultaneously with the return of the agreement to the Buyer for the first
tranche, Buyers representative, MR. ..................<name>.. or his
legal mandate (by way of a confirmation letter), shall communicate by phone
to Sellers representative, MR. ..................<name>.., telephone

UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 1

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

number ..<numerical>.., to confirm schedule to meet together in the


Sellers bank with Sellers bank officer.

3. Upon the confirmation of the Sellers capability to issue the BG (on an


agreed window time) during the meeting pursuant to Clause 2 above, Buyer
shall prepare his bank and funds to receive the BG.

4. Seller and Buyer shall agree on a window time for the Sellers issuing bank
to send Swift MT799 Pre-Advice (Appendix A) to the Buyers bank.

5. Within Three (3) banking days upon the receipt and confirmation of the Swift
MT799 Pre-Advice, Buyers bank shall issue ICBPO (Appendix C) for a
total of Forty-four Percent (44%) of the face value of the BG to the Sellers
designated bank account.

6. Within 3 days upon the receipt and confirmation of the ICBPO, the Sellers
bank shall send SWIFT MT760 Bank Guarantee (Appendix B) to the Buyers
bank.

7. Within 5 banking days upon the receipt, confirmation and authentication of


the Swift MT760 Bank Guarantee, the Buyers bank shall release the ICBPO
payment to the Sellers bank designated bank accounts (as per the following
pages 3 and 4) through Swift MT103 for each and every completed tranche.
At the same time Buyer shall also release the 2% commission to the
intermediaries respectively.

8. Sellers bank shall deliver the hard copy of the BG to the Buyer's bank via
bank bonded courier.

9. All subsequent tranches will be based on the same procedure until collateral
or funds become exhausted.

NON-SOLICITATION

The buyer hereby confirms and declares that the seller, its associates or
representatives or any person or persons on its behalf has/have never ever
solicited the buyer, its shareholders or associates or representatives in any
way whatsoever that can be construed as a solicitation for this transaction or
for future transactions

UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 2

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

BANK COORDINATES TO ISSUE SWIFT MT799 PRE-ADVICE/MT760


BG:

Bank Name
Bank Address
Bank Officer
Secured Tel:
Secured Email
SWIFT Code
Account Holder
Account Number
Signatory Name

BANK COORDINATES TO RECEIVE SWIFT MT799 PRE-


ADVICE/MT760 BG AND ISSUE ICBPO/MT103:

Bank Name
Bank Address
Bank Officer
Secured Tel:
Secured Email
SWIFT Code
Account Holder
Account Number
Signatory Name

BANK TO RECEIVE PAYMENT FOR OF 44% OF BG FACE VALUE BY


MT103:

Bank Name
Bank Address
Bank Officer
Secured Tel:
SWIFT Code
Account Holder
Account Number
Signatory Name

UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 3

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

BANK TO RECEIVE PAYMENT FOR OF 1% OF BG FACE VALUE


(SELLERS INTERMEDIARY):

Bank Name
Bank Address
Bank Officer
Secured Tel:
SWIFT Code
Account Holder
Account Number
Signatory Name

BANK TO RECEIVE PAYMENT FOR OF 1% OF BG FACE VALUE


(BUYERS INTERMEDIARY):

Bank Name
Bank Address
Bank Officer
Secured Tel:
SWIFT Code
Account Holder
Account Number
Signatory Name

SELLER RESERVES the right to change the bank coordinates stated herein at
anytime by providing written request to the BUYER; THE ISSUING BANK
MAY BE DIFFERENT FROM THE BG SENDING BANK, BUT THE
ACCOUNT NAME IS THE SAME AND IS IN THE SAME COUNTRY (ITS
OUR BANK REGULATIONS AND PROCEDURE).

CONDITIONS:

This Agreement is a FULL RECOURSE COMMERCIAL COMMITMENT


governed by the laws of the jurisdictions in which both/all the parties reside and
standards under ICC Regulations.

The FORCE MAJEURE exception clause of the International Chamber of


UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 4

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

Commerce (I.C.C. Publication #421) and NON-CIRCUMVENTION AND


NON-EXCLUSION & WORKING AGREEMENT, is hereby incorporated in
and made an integral part of this document.

All THE parties hereby affirm and attest that each has the authority to accept
and execute this full legal contract and to be bound by its terms and condition.

This transaction constitutes BG Credit Facility of a Bank instrument, conducted


between Two (2) Principal entities to be defined by contract and as such, is not
intended to be nor shall be interpreted as a securities transaction as defined by
the U.S. Securities Act of 1933/1934 or as amended by law or any other nation.

BY SIGNING THIS LOI, ALL THE PARTIES, BG ISSUER BANK,


BUYER BANK, BUYER AND SELLER AGREE UNDER THE LAWS
AND TRADING GUIDELINES SET FORTH BY THE ICC THAT THEY
ARE READY WILLING AND ABLE TO COMPLETE THIS
TRANSACTION UNDER THE TERMS AND CONDITIONS STATED
WITHIN THIS LETTER OF INTENT.

Agreed and Sign this date January --, 2014

For and on behalf of Buyer

____________________________________
Name:
Title:
Passport No.:
Telephone No:
Nationality:
Email Address:

For and on behalf of Seller

______________________________
Name:
Title:
Passport No.:
Telephone No:
Nationality:
Email Address:
UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 5

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

CLIENT INFORMATION SUMMARY

In accordance with Articles two (2) through five (5) of the Due Diligence Convention
and the Federal Marketing Commission Circular of December 1998, concerning the
prevention of money laundering, the following information may be supplied to banks
and/or other Federal Institutions for purposes of verification.

1. Principal:
a) Represented By:
b) Nationality:
c) Passport Number:
d) Date Of Issue:
e) Date Of Expiration:
f) Date Of Birth:
g) Place Of Birth:

h) Mobile Telephone No.:

i) E-Mail Address:
j) Occupation:
k) Business Name:
l) Business Address:
m) Business Telephone:
n) Business Facsimile:
2. Address For Mail:
3. Address For Courier:
4. Legal Counsel:
a) Address:
b) Telephone No.:
c) Facsimile No.:
5. Bank Name:
a) Address:
b) Account Name:
c) S.W.I.F.T Code:
d) For further credit To:
Beneficiary Acc No:
Beneficiary Name:
e) Acct. Signatory Name:
f) Bank Officer:
g) Bank Officer Address:
Bank Telephone
h)
Number:
Bank Facsimile
i)
Number:
UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 6

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

Declaration: I/we swear under penalty of perjury, the information given above is
both true and accurate. I am the signatory on the aforementioned bank account.
All monies engaged in this transaction are derived from non-criminal origin: and
are good cleared. The origin of funds is in compliance with Anti-Money-
Laundering Policies as set forth by the Financial Action Task Force (FATF)
6/01.

Agreed and Sign this date January --, 2014 for and on behalf of Buyer

________________________________
Name:
Title:
Passport No.:
Nationality:

UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 7

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

FEE PROTECTION AGREEMENT


Both Seller and Buyer agree that the Buyers and Seller's agents are entitled to
2% of the BG/SBLC face value commission fees. These commission fees will
be shared between the Sellers and Buyers agents as specified here below.

The parties agree that the commission fees stated are compensation for services
rendered and are irrevocably and unconditionally guaranteed to be paid by the
Buyer to the agents and intermediaries listed in this FPA by wire transfer
simultaneously with the Buyers payment of 44% of the face value of the BG as
Invoice Price to the Seller for every tranche and/or transaction of the BG. The
commission fees will be free of legal impediment and free of any deductions,
excluding bank transfer fees, for this and all subsequent transactions between
the parties.

In consideration of the mutual benefits to be derived by the associates or


affiliated individuals, agents, companies, designees, trustees or executors, it is
understood and agreed that the parties hereto are mutually desirous of effecting
this business transaction in co-operation with one another for their mutual
benefit and all signatory parties agree to abide by the following terms and
conditions:

1. Each party agrees that they will not make any contact with, deal with or
be involved with individuals, trader and investor introduced by other
signatories without specific permission of the introduced signatory for the
Investor.

2. The signatory agrees to keep confidential the identity of and all contacts
so provided by any other signatories.

3. The parties hereto agree that all commissions or fees as agreed by the
parties shall be paid in full at the end of every transaction.

4. This agreement shall be legally binding on the parties hereto, their


principals, employees, representatives, agents and assigns in all countries
of the world.

5. The parties hereto affirm that in every case they will act with the highest
standards of ethics and honesty in all their dealings.
UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 8

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

This agreement shall be respected and honored at all times, unless otherwise
mutually agreed upon and any party will permit no attempt or hint of
circumvention.

Each of the above parties agrees and understands that any overt or covert action
of circumvention prescribed by this agreement shall be a fraudulent act against
the other party and will be subject to judicial action, recompense for damages,
possible punitive damages and injunctive relief imposed by the legal process.

Both parties hereby agree that the agents and intermediaries referred to in this
FPA shall be as follows:

TOTAL COMMISSION OF ONE PERCENT (1%) TO SELLER'S MANDATE


PAYMASTER CLOSED
NAME
BANK NAME
BANK
ADDRESS
SWIFT CODE
ACCOUNT
HOLDER
ACCOUNT
NUMBER

TOTAL COMMISSION OF ONE PERCENT (1 % of FV with R&E)


PAYMASTER
NAME
BANK NAME
BANK
ADDRESS
SWIFT CODE
ACCOUNT
HOLDER
ACCOUNT
NUMBER
UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 9

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

This Fee Protection Agreement have agreed and executed by the undersigned on
the January --, 2014

For and On behalf of the Buyer.

______________________________________
Name:
Title:
Passport No.:
Telephone No:
Nationality:
Email Address:

PASSPORT BUYER

UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 10

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

PASSPORT SELLER

UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 11

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

NON-CIRCUMVENTION AND NON-DISCLOSURE

ALL PARTIES DO HEREIN AGREE THAT THE NON-CIRCUMVENTION AND NON-


DISCLOSURE RULES (NCND) OF ALL ISSUES FROM THE ICC 500 APPLY TO THIS
TRANSACTION FOR A PERIOD OF FIVE (5) YEARS FROM DATE OF EXECUTION
OF THIS AGREEMENT BY THE UNDERSIGNED, HIS OR HER ASSIGNS, AGENTS
AND/OR HEIRS. THIS NCND ALSO APPLIES TO ANY AND ALL OTHER
TRANSACTIONS DIRECT OR INDIRECT INITIATED BY THESE INTERMEDIARIES.
THE UNDERSIGNED AGREES THAT THIS FEE PROTECTION IS ASSIGNABLE AND
TRANSFERABLE TO THE BENEFICIARIES, DESIGNS, HEIRS AND ASSIGNS UPON
WRITTEN NOTICE OF ALL PARTIES, AND SHALL NOT BE AMENDED WITHOUT
THE EXPRESS WRITTEN CONSENT OF THE PARTIES. IF NO CONTRACT IS
CONSUMMATED, THIS FEE PROTECTION AGREEMENT IS NULL AND VOID IN ITS
ENTIRETY.

ALL DISCLOSED BANKING INFORMATION SHALL BE STRICTLY CONFIDENTIAL.


NO COMMUNICATION BETWEEN BANKING OFFICERS. OTHER THAN
TRANSMISSION BY SWIFT WIRE TRANSFER AND ANY OTHER TRANSMISSION
SPECIFICALLY AUTHORIZED BY THE BENEFICIARIES, IS PERMITTED. ALL
COMMUNICATION SHALL CLEARLY REFERENCE THE TRANSACTION CODE, THE
SELLERS CODE AND THE BUYERS CODE REFERRED TO HEREIN. SHOULD A
CONTRACT BE SIGNED BETWEEN THE SELLER AND BUYER, A BANK ENDORSED
CORPORATE PAY ORDER WILL BE ISSUED TO THE PAYMASTER OF EACH GROUP,
FOLLOWED BY A SWIFT WIRE TRANSFER TO THE PAYMASTERS ACCOUNT,
WHEN PAYMENT FOR THE BANK INSTRUMENT IS COMPLETED. AN EXECUTED
FACSIMILE OR EMAIL COPY SHALL BE DEEMED TO BE AS AN ORIGINAL

Executed this day January --, 2014 by buyer

______________________________________
FOR AND ON BEHALF OF BUYER
TITLE: DIRECTOR
PASSPORT NO.:
NATIONALITY:

Executed this day January --, 2014 seller

______________________________________
FOR AND ON BEHALF OF SELLER
TITLE:
PASSPORT NO.:
NATIONALITY:

UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 12

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

NON-SOLICITATION LETTER

I, Mr. XXXXXXX, DIRECTOR OF XXXXXXXXXXXXXX WITH


PASSPORT NO XXXXXXXXXXXXX, do hereby confirm that I have requested of
you and your associates, specific confidential information and documentation
regarding a currently available Private Placement Program to serve for our
interest, purposes and understanding only, and not for further distribution. We
are hereby agreeing to keep all information received by you as STRICTLY
CONFIDENTIAL AND PROPRIETARY.
I hereby declare that I am fully aware that the information presented by you is
not in any way considered or intended to be solicitation of funds of any sort, or
any type of offering, but is intended for general knowledge and educational
purposes only. I affirm that I have requested information from you and your
associates of my own choice and free will, and further that you have not
solicited me in any way.
I understand that the completed transaction is strictly one of private placement,
and that it is in no way relying upon or relating to the United States Securities
Act of 1933 or related regulations, and it does not involve the sale of registered
securities.

Further, I hereby declare that I am not a licensed broker or government


employee. I have mutually agreed that this private placement transaction is
exempt from the Securities Act, and is not intended for the general public, and
all matters are for PRIVATE USE ONLY Agreed and Accepted by the BUYER:

Signed in the XX/01/2014

For And On Behalf Of:

_____________________________

Fr and on behalf of BUYER


Name:
Title:

APPENDIX A
UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 13

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

SWIFT VERBIAGE S.W.I.F.T. MT799

-------------------------------------Instance Type and Transmission----------------------


Notification (History) of original sent to
Priority : Normal
Massage input reference :
-----------------------------------------------Message Header-------------------------------
Swift Output : MT799 MESSAGE
Sender :
Swift Code :
Receiver :
Transaction Code: TBA (DBS CODE)
Test Key Number:
-----------------------------------------------Message Text---------------------------------
ISSUING BANK COORDINATES

BANK NAME :
BANK ADDRESS :
ACCOUNT HOLDER :
SWIFT CODE :
ACCOUNT NO :
BANK TEL :
BANK SECURED FAX :
BANK OFFICER #1 :
BANK OFFICER #2 :
TRANSACTION CODE : XXXX
APPLICANT : XXXX

RECEIVING BANK COORDINATES

BANK NAME :
ACCOUNT NAME :

ACCOUNT NUMBER :
BANK OFFICER CODE :
SWIFT CODE :
BENEFICIARY :
AMOUNT : 500,000,000 (FIVE HUNDRED MILLION EUROS)
CURRENCY : EUROS
DATE : XX, XX, 2014

DEAR SIR,

SUBJECT : CONFIRMATION OF READY, WILLING AND ABLE TO ISSUE AND


DELIVER AN UNCONDITIONAL BANK GUARANTEE FULLY CASH
BACKED WITH A FACE VALUE OF FIVE HUNDRED MILLION EUROS
(500,000,000.00) IN FAVOR OF XXXXX.
WE, ....... (ISSUING BANK), ........ (BANK ADDRESS), HEREBY CONFIRM WITH FULL BANKING RESPONSIBILITY
THAT WE ARE READY, WILLING AND ABLE TO ISSUE A BANK GUARANTEE (BG) IN FAVOR XXXX, WITH A FACE
UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 14

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

VALUE OF FIVE HUNDRED MILLION EUROS (500,000,000.00), AND IT SHALL BE TRANSMITTED AND
CONFIRMED BY SWIFT MT760.

THE BANK GUARANTEE (BG) IS IRREVOCABLE, UNCONDITIONAL, TRANSFERABLE, ASSIGNABLE NEGOTIABLE,


DIVISIBLE, AND SHALL BE HONORED ON MATURITY DATE ONE YEAR AND ONE MONTH.

WE FURTHER CONFIRM TO YOU THAT THE BANK GUARANTEE (BG) IS CASH BACKED, FREE AND CLEARED OF
ENCUMBRANCE AND THE CASH IS GOOD, CLEAN AND CLEAR FUNDS OF NON-CRIMINAL ORIGIN.

WE HEREBY CONFIRM THAT WE WILL DELIVER THE SAID BANK GUARANTEE DELIVERY SWIFT MT760 FOLLOWED
BY ORIGINAL HARD COPY DELIVERED BY BANK BONDED COURIER.

PLEASE CONFIRM THAT YOU ARE READY TO RECEIVE AND FUND THIS BANK INSTRUMENT.

FOR CONFIRMATION, YOU ARE ADVISED TO AUTHENTICATE THIS SWIFT MT799 BY REPLYING THROUGH OUR
SECURED DEPARTMENTAL SWIFT CODE.

THIS BANK GUARANTEE IS SUBJECT TO THE UNIFORM RULES FOR THE BANK GUARANTEES NO 758 UNDER
INTERNATIONAL CHAMBER OF COMMERCE, PARIS, FRANCE, PUBLICATION NO.600 AND ITS LATEST REVISIONS.

FOR AND ON BEHALF OF:

............................................. (ISSUING BANK)

....................................... (ISSUING BANK ADDRESS)

BANK OFFICER 1 BANK OFFICER 2

TITLE (PIN) TITLE (PIN)

APPENDIX B
Verbiage of the MT 760

UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 15

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

BANK GUARANTEE BY SWIFT MT 760

Recipient Bank:
BANK NAME :
ACCOUNT NAME :
ACCOUNT NUMBER :
SWIFT CODE :
IBAN CODE :
ATTENTION :
TRANSACTION CODE :
PHONE :

GUARANTEE NUMBER:NNNNNNNNNNN
Transaction reference ID :NNNNNNNNNNN
CURRENCY :EUROS
AMOUNT :XXXXXXXXXX MILLION EUROS ONLY (500,000,000.00)
DATE OF ISSUE :XXXX 1 YEAR AND 1 MONTH
DATE OF MATURITY :
BENEFICIARY :

QUOTE:
FOR VALUE RECEIVED BY US, WE, (BANK + ADDRESS ), WITH FULL BANK RESPONSIBILITY
HEREWITH ISSUE OUR IRREVOCABLE AND UNCONDITIONAL CASH BACKED BANK
GUARANTEE NUMBER xxxxxxxx IN FAVOR OF THE BENEFICIARY: XXXX, WE PROMISE TO PAY
WITHOUT PROTEST OR NOTIFICATION AGAINST THIS CASH BACKED BANK GUARANTEE ON
MATURITY DATE THE SUM OF EURO 500,000,000.00 (FIVE HUNDRED MILLION EUROS) IN THE
LAWFUL CURRENCY OF THE EUROPEAN UNION UPON PRESENTATION AND SURRENDER TO
(BANK NAME), BY BENEFICIARY, THE BEARER OR HOLDER, OF THIS CASH BACKED BANK
GUARANTEE AT THE COUNTERS OF (BANK NAME AND ADDRESS), ON MATURITY DATE, BUT
NOT LATER THAN FIFTEEN DAYS AFTER THE MATURITY DATE.
SUCH PAYMENT SHALL BE MADE WITHOUT SET OFF AND CLEAR OF ANY DEDUCTIONS,
CHARGES, FEES OR WITH HOLDINGS OF ANY NATURE, NOW OR HEREINAFTER IMPOSED,
LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE GOVERNMENT OF UNITED KINGDOM
OR ANY POLITICAL SUBDIVISION OR AUTHORITY THEREOF OR THEREIN. THIS CASH BACKED
BANK GUARANTEE SHALL BE TRANSFERABLE, DIVISIBLE AND ASSIGNABLE WITHOUT
PRESENTATION TO THE (BANK NAME) OR PAYMENT OF ANY TRANSFER OR ASSIGNABLE FEE.
THIS CASH BACKED BANK GUARANTEE IS SUBJECT TO THE UNIFORM RULES FOR BANK
GUARANTEE UNDER URDG 758, ICC PUBLICATION NUMBER 600, AND ITS LATEST REVISIONS.
THIS CASH BACKED GUARANTEE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF XXXXXXXXXXXX.
THE CASH BACKED BANK GUARANTEE IS AN OPERATIVE FULLY CONFIRMED, NEGOTIABLE
TRANSFERABLE, AND CALLABLE INSTRUMENT AND VALID FROM THE ABOVE ISSUED DATE.
THE ORIGINAL HARD COPY OF THE CASH BACKED BANK GUARANTEE WILL FOLLOW BY BANK
BONDED COURIER TO COORDINATES AS PER YOUR INSTRUCTION FOR DELIVERY WITHIN 7
DAYS OF DATE OF ISSUE HEREOF.
SIGNED SIGNED
DATE RECORDED: (INSERT DATE) DATE RECORDED: (INSERT DATE)
BANK OFFICER: BANK OFFICER:
PIN: PIN
----------------------------------------MESSAGE TRAILER-----------------------------------------------------------

APPENDIX C
IRREVOCABLE CONDITIONAL BANK PAY ORDER (ICBPO)
UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 16

Buyer Initial: Seller Initial:


BUYER LETTER HEAD
TRANSACTION CODE:
BUYERS CODE
SELLERS CODE:
SECURITY CODE:

(TRANSMITTED VIA SWIFT MT-799)

TO :
ADDRESS :
ABA ROUTING # :
SWIFT CODE :
ACCOUNT NAME :
ACCOUNT NUMBER :
BANK OFFICER :
BY THE ORDER OF :
DATE :
EXPIRATION :
TRANSACTION CODE :

WE, HEREBY PRESENT OUR IRREVOCABLE, ASSIGNABLE, TRANSFERABLE, AND CALLABLE


CASH BACKED SWIFT MT799 WIRE TRANSFER IN YOUR FAVOR FOR THE ACCOUNT OF
(ACCOUNT NAME) AND (ACCOUNT NUMBER) IN THE AMOUNT OF EUROPEAN UNION
CURRENCY XXXXXXXX MILLION ONLY (XX0,000,000.00). SUCH FUNDS ARE GOOD, CLEAN
AND CLEARED FUNDS OF NON-CRIMINAL ORIGIN AND ARE FROM A LEGAL SOURCE
AVAILABLE AGAINST THE DELIVERY OF THE BANK INSTRUMENT DESCRIBED HEREIN

NAME OF BANK :
ADDRESS :
INSTRUMENT : BANK GUARANTEE
CURRENCY : EUROPEAN UNION (EURO).
TERM : ONE (1) YEAR AND ONE (1) MONTH.
TOTAL AMOUNT
BENEFICIARY :

WE FURTHER CONFIRM THAT THIS IRREVOCABLE S.W.I.F.T. IS A BINDING FULLY PREFORMED


DUE BILL AND IS IMMEDIATELY CALLABLE ON US FOR CASH PAYMENT AGAINST DELIVERY OF
THE BANK INSTRUMENT VIA SWIFT MT-760 WITHIN SEVEN (7) INTERNATIONAL BANKING DAY
AND UPON OUR VERIFICATION AND AUTHENTICATION OF THE SUBJECT INSTRUMENT.

THE PAYMENT SHALL BE VIA UNCONDITIONAL SWIFT MT103 IN FAVOR OF YOUR DESIGNATED
ACCOUNT IN THE AGREEMENT DATED___________, 2014 BEARING ABOVE REFERENCE CODES
AGAINST DELIVERY OF THE INSTRUMENT TO OUR BANK VIA SWIFT MT-760.

THIS CONDITIONAL, IRREVOCABLE, DIVISIBLE, ASSIGNABLE, TRANSFERABLE AND CALLABLE


S.W.I.F.T. WIRE TRANSFER IS VALID FOR 15 DAYS FROM THE ____DAY OF ___, 2014 AND UNTIL
THE ____DAY OF ___, 2014.

THIS IS AN OPERATIVE BANK INSTRUMENT AND IS SUBJECT TO THE UNIFORM COMMERCIAL


CODE AS IT RELATES TO BANK CREDIT INSTRUMENTS.

ALL CHARGES ON THE TRANSMISSION SIDE ARE FOR THE ACCOUNT OF THE APPLICANT.

FOR AND ON BEHALF OF ------------ BANK

(Bank Officer 1) (Bank Officer 2)


__________________ __________________
(Bank Officer Name) (Bank Officer Name)

UNAUTHORIZED BANK CONTACTS RESULT IN CONTRACT TERMINATION 17

Buyer Initial: Seller Initial:

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