1. TRANSACTION DESCRIPTION:
1. Instrument: Bank Guarantee (BG) or StandbyLetterof Credit(SBLC) or Letterof Credit(LC)
2. Total Face Value: Euro/USD 1,000,000.00 – Euro/USD 5,000,000,000.00
3. IssuingBank: HSBC Bank London,HSBCBank, Hong Kong,BarclaysBank London,
Deutsche BankAG Frankfurt,Citi BankUSA
4. Age: One Year and One Day (Withthe optionof RollsandExtension)
5. LeasingFee: Basedonthe Face Value of BG/SBLC/LCPlus(0.5% + X %) Commission.
1M – 50M: 3.0% + (0.5% + X%) = 3.5% + X%
51M – 100M: 2.5% + (0.5% + X%) =3.0% + X%
101M – 500M: 2.0% + (0.5% + X%) = 2.5% + X%
1B – 5B 1.5% + (0.5% + X%) = 2.0% + X%
6. Delivery: Bank to Bank SwiftMT799 and/or MT760
7. Payment: MT103
8. Hard Copy: By BankBondedCourierwithin7bankingdaysafterdeliveryof Swift.
TRANSACTION PROCEDURE:
1. Lessor andLessee execute,signandinitialthisDeedof Agreement,whichtherebyautomatically
becomesafull commercial recourse contracttobe lodgedbybothpartiesforinitiationof Swift
Transmission.
2. Withinthree (3) bankingdaysafterboth partiessignthe Agreement,Lessorwill issueaNotarized
signedandsealedCorporate RefundRecourse Undertakingdulyendorsedbythe issuingbanktothe
Lessee guarantyingtorefundtothe Lessee all costincurredbyLessee asthe
transmission/administrative chargesforthe transmissionof Pre-Advice viaSwiftMT799 or BG/SBLC/LC
viaSwiftMT760 or both afterdue executionof the contractandin case of failure onthe Lessor’sside
the Notarizedsignedandsealed CorporateRefundRecourse Undertakingguaranteesthatthe Lessor
refundscompletelythe transmission/administrative feesinadditiontoathe penaltyforfailure of
performance being1%of the total face value of BG/SBLC/LC.
3. Withinthree (3) workingdaysafterthe Lessee receivescontractdocumentsincludingthe invoice
and refundundertakingfromthe Lessor,the Lessee will make paymentbydirectwire transferintothe
Lessor’sprovidedbankcoordinatesforthe receivingof the banktransmission/administrative charges
the bank transmission/administrativefeesforthe Pre-Advice viaSwiftMT799 or BG/SBLC/LC viaSwift
MT760 or both as the case maybe inthe amountof Euro/USD XX,000.00.

2. 4. Withintwo(2) bankingdaysafterconfirmationof receiptof paymentof the bank
transmission/administrative feeschargesforthe BG/SBLC/LCviaSwiftMT760 or Pre-AdviceviaSwift
MT799 or both inLessor’sbankaccount, the Lessorwill deliverthe Pre-Advice orBG/SBLC/LCviaBank
to Bank confirmationof SwiftMT799 or MT760 to the Lessee’sbankerincludingthe hardcopyof the
BG/SBLC/LC viabankbondedcourierinSeven(7) bankingdays.
5. Lessee sendsoutleasingfeesbySwiftMT103 to the Lessordeductingthe initiallypaidbank
transmission/administrative feesandthe brokerstheircommissionfees(0.5+X)% of total Face Value by
wire transferwithin thirty(30) daysupondelivery,confirmationandverificationof BG/SBLC/LCby
MT760 in the Lessee’snominatedaccountandBG/SBLC/LChard copyin the Lessee’snominatedbank.
6. Shouldthe Lessee notdeductthe banktransmission/administrativechargesfromleasingfeespaid,
the Lessorshall refundbankchargesto Lessee bydirectwire transferwithinthree(3) bankingdaysupon
paymentof the leasingfees.
7. Any unauthorizedcallsbyanypartyor itsrepresentative lawyerstoprobesorcommunicationinan
improperwayto bank(s) inthistransactionshall be prohibitedandcontractterminated.
Shouldthe Lessee defaulttopaythe leasingfees tothe Lessorandthe brokerscommissionfeesas
agreedafter30 bankingdaysof confirmationof BG/SBLC/LCMT760 in lessee'sbankaccount,Lessorwill
instructthe issuingbankto puta claim onthe BG/SBLC/LCtherebyforcingthe Lessee'sbankersto
returnthe BG/SBLC/LC MT760 to the issuingBank.
SCHEDULE OF BANK TRANSMISSION FEES BG/SBLC (MT760/MT799)
Face Value of Instrument (USD/EURO) Bank Transmission Charges (USD/EURO)
1M – 20M 25,000.00
21M – 50M 35,000.00
51M – 100M 55,000.00
101M – 250M 75,000.00
251M – 500M 100,000.00
501M – 999M 120,000.00
1B and above (In Tranches of 500M each) (120,000 for each tranche of 500M)