1. Sir,
We are ready andable deliverbankinstrumentsinthe formof BG/SBLC/DLC/BCL/LC/PB/MTN toyour
nominatedbankcoordinatesstrictlyinadherence withthe followingsetof procedures.Kindlyreview
the proceduresandinformonyour readinessto proceedsothatwe are able to sendourDeedof
Agreementandotherrequiredcontractdocuments.
TRANSACTION DESCRIPTION:
1. Instruments: BankGuarantee (BG),StandbyLetterof Credit(SBLC), DirectLetterof Credit(DLC)
Letterof Credit(LC), Performance Bond (PB) andBankComfortLetter(BCL)
2. Total Face Value: Euro/USD1,000,000.00 – Euro/USD 5,000,000,000.00
3. IssuingBank: HSBC BankLondon,BarclaysBank London,Deutsche BankAG Frankfurt
4. Age: One Year and One Day (Withthe optionof RollsandExtension)
5. LeasingFee: Basedon the Face Value of BG/SBLC/DLC/BCL/LC Plus(0.5% + X%) Commission.
1M – 100M: 3.0% + (0.5% + X%) = 3.5% + X%
101M – 999M: 2.0% + (0.5% + X%) = 2.5% + X%
1B – 5B: 1.0% + (0.5% + X%) = 1.5% + X%
6. Delivery: Bankto Bank SwiftMT799 and/orMT760
7. Payment: MT103
8. Hard Copy: By BankBondedCourierwithin7bankingdaysafterdeliveryof Swift.
TRANSACTION PROCEDURE:
1. Lessor andLessee execute,signandinitial thisDeedof Agreement,whichtherebyautomatically
becomesafull commercial recourse contracttobe lodgedbybothpartiesforinitiationof Swift
Transmission.
2. Withinthree (3) bankingdaysafterboth parties signthe Agreement,Lessorwill issueaNotarized
signedandsealedCorporate RefundRecourse Undertakingdulyendorsedbythe issuingbanktothe
Lessee guarantyingtorefundtothe Lessee all costincurredbyLessee asthe
transmission/administrative chargesforthe transmissionof Pre-Advice viaSwiftMT799 or
BG/SBLC/DLC/BCL/LC/PB/MTN viaSwiftMT760 or both afterdue executionof the contractand incase

2. of failure onthe Lessor’sside the NotarizedsignedandsealedCorporate RefundRecourseUndertaking
guaranteesthatthe Lessorrefundscompletelythe transmission/administrative feesinadditiontoa the
penaltyforfailure of performance being1% of the total face value of BG BG/SBLC/DLC/BCL/LC/PB/MTN
.
3. Withinthree (3) workingdaysafterthe Lessee receivescontractdocumentsincludingthe invoice and
refundundertakingfromthe Lessor,the Lesseewillmake paymentbydirectwire transferintothe
Lessor’sprovidedbankcordinatesforthe receivingof the banktransmission/administrative chargesthe
banktransmission/administrativefeesforthe Pre-Advice viaSwiftMT799 or
BG/SBLC/DLC/BCL/LC/PB/MTN viaSwiftMT760 or both as the case maybe inthe amountof Euro/USD
XX,000.00.
4. Withintwo(2) bankingdaysafterconfirmationof receiptof paymentof the bank
transmission/administrative feeschargesforthe BG/SBLC/DLC/BCL/LC viaSwiftMT760 or Pre-Advice
viaSwiftMT799 or both inLessor’sbankaccount,the Lessorwill deliverthe Pre-Advice or
BG/SBLC/DLC/BCL/LC/PB/MTN viaBankto Bank confirmationof SwiftMT799 or MT760 to the Lessee’s
bankerincludingthe hardcopyof the BG/SBLC/DLC/BCL/LC/PB/MTN viabankbondedcourierinSeven
(7) bankingdays.
5. Lessee sendsoutleasingfeesbySwiftMT103 to the Lessordeductingthe initiallypaidbank
transmission/administrative feesandthe brokerstheircommissionfees(0.5+X)% of total Face Value by
wire transferwithinthirty(30) daysupondelivery,confirmationandverificationof BG/SBLC/DLC/BCL/LC
by MT760 inthe Lessee’snominatedaccountandBG/SBLC/DLC/BCL/LC/PB/MTN hardcopy inthe
Lessee’snominatedbank.
6. Shouldthe Lessee notdeductthe banktransmission/administrative chargesfromleasingfeespaid,
the Lessorshall refundbankcharges to Lessee bydirectwire transferwithinthree(3) bankingdaysupon
paymentof the leasingfees.
7. Any unauthorizedcallsbyanypartyor itsrepresentativelawyerstoprobesorcommunicationinan
improperwayto bank(s) inthistransactionshall be prohibitedandcontractterminated.
Shouldthe Lessee defaulttopaythe leasingfeestothe Lessorandthe brokerscommissionfeesas
agreedafter30 bankingdaysof confirmationof BG/SBLC/DLC/BCL/LC/PB/MTN MT760 inlessee'sbank
account,Lessor will instructthe issuingbanktoput a claimon the BG/SBLC/DLC/BCL/LC/PB/MTN
therebyforcingthe Lessee'sbankerstoreturnthe BG BG/SBLC/DLC/BCL/LC/PB/MTN MT760 to the
issuingBank.
Regards,
PamjitArora