DATE : TRANSACTION CODE:: DEED OF AGREEMENT Disclaimer: This document is provided in Microsoft Word Format for ease of the client’s completion. Under no circumstances are the clauses or contents in this document to be removed or deleted. Any client who is found to have removed or deleted clauses in this document will immediately have their transaction cancelled and will be deemed to have committed fraud with appropriate penalties being imposed on them. THE LESSOR FULL INFORMATION Corporate Name Mailing Address Represented By Designation Passport No. Nationality Email and THE LESSEE FULL INFORMATION Corporate Name LESSEE’S SIGNATURE 1/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: Mailing Address Represented By Designation Passport No. Nationality Email & Phone WHEREAS. The Lessee desires to lease Bank Guarantee (BG/SBLC) from the Lessor. Lessee confirms with full corporate and legal responsibility that funds available to fulfill the requirements for the lease of this instrument is ready and Lessee further confirm to cooperate with the Lessor. WHEREAS. The Lessor desires to lease, transfer and assign all rights title and interest of the BG/SBLC available to it to the Lessee. Lessor represents and warrants that it has the ability and resource to arrange through associates, contracts and sources, with full corporate responsibility, financial instrument in the term of assignments to be provided to Lessee. Lessor hereby declares under penalty of perjury that the BG/SBLC will be backed by funds that are good, clean, clear, and free of non-criminal origin, the BG/SBLC will be free and clear of all liens, encumbrances and third party interests. NOW THEREFORE, The Lessee has agreed to lease the BG/SBLC at 4% + 2% of Face Valuefor the instrument requested and Lessor has agreed to issue BG/SBLC for lease and both Parties hereby agree to the following: BANK INSTRUMENT TO BE DELIVERED: Instrument Amount: Instrument: Currency: Age: Leasing Fee: Interest Rate: [ ] SBLC or [ ] BG (Tick One) [ ] EURO or [ ] USD (Tick One) Fresh Cut 4% + 2% (With 2% open to lessee side only) Zero Coupon LESSEE’S SIGNATURE 2/20 (Write amount in Numbers and Letters) LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: Term: One (1) years and One (1) day (With the option of Rolls and Extension) Bank: HSBC UK, HSBC HK, Deutsche Bank AG. Delivery: Swift.com Brussels Authenticated Swift Mt799 then Swift Mt760 Payment: MT103 Hard Copy: By Bank Bonded Courier within 7banking days after delivery of Swift. Format: Fully Cash Backed – (Standard ICC Format) First Tranche: Subsequent tranches: As per agreed tranching schedule TRANSACTION PROCEDURE: 1. Agreement - Lessor and Lessee execute, sign and initial this Deed of Agreement, which thereby automatically becomes a full commercial recourse contract to be lodged by both parties for initiation of Swift Transmission. 2. Bank To Bank Communication - Within one (1) banking days after both parties sign the Agreement, Lessor Issuing bank officer will send out Ready, Willing & Able Pre Advise via secured bank email system to the lessee receiving bank officer stating that provider has the capacity and is ready, willing and able to deliver the requested face value. The receiver/beneficiary will receive a Courtsey copy of this communication. 3. Swift Fee and Insurance Fee Payment - Within two (2) working days after the Lessee receiving bank officer receives and confirm the RWA Pre Advise, The Lessor will issue invoice for the swift transmission fee and insurance fee to deliver Swift M799/MT760 duly to the lessee. Lessee will make payment by direct wire transfer into the Lessor’s provided bank coordinates for the receiving of the bank transmission/insurance charges in the amount of Euro/USD XX,000.00. Depending on preferred currency of the lessee 4. Delivery of Swift MT799 & SWIFT MT760 - Within three (3) banking days after confirmation of receipt of payment of the swift transmission/insurance fees charges for the BG/SBLC via Swift MT799 & Swift MT760 in Lessor’s bank account, the Lessor will instruct its bank to Create the financial instrument and deliver the Pre-Advice MT799 & Swift MT760 via Bank to Bank confirmation of Swift MT799 & MT760 to the Lessee’s receivin bank including the hard copy of the BG/SBLC via bank bonded courier in Seven (7) banking days. LESSEE’S SIGNATURE 3/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: 5 Lease Fee Payment - Lessee sends out leasing fees by Swift MT103 to the Lessor deducting the initially paid swift transmission/insurance fees and the brokers their commission fees 4%+2% of total Face Value by wire transfer within thirty (30) days upon delivery, confirmation and verification of BG/SBLC by MT760 in the Lessee’s nominated account and BG/SBLC hard copy in the Lessee’s nominated bank. 6. Should the Lessee not deduct the swift transmission/administrative charges from leasing fees paid, the Lessor shall refund bank charges to Lessee by direct wire transfer within three (3) banking days upon payment of the leasing fees. 7.Any unauthorized calls by any party or its representative lawyers to probes or communication in an improper way to bank(s) in this transaction shall be prohibited and contract terminated. 8. All subsequent tranches will be based on the same procedures until collateral or funds become exhausted. Should the Lessee default to pay the leasing fees to the Lessor and the brokers commission fees as agreed after Thirty (30) banking days of confirmation of BG/SBLC MT760 in lessee's bank account, Lessor will instruct the issuing bank to put a claim on the BG/SBLC thereby forcing the Lessee's bankers to return the BG/SBLC MT760 to the issuing Bank. SCHEDULE OF BANK TRANSMISSION/INSURANCE FEE BG / SBLC Value USD/EUR Required Deposit USD/EUR Total Payment Required USD/EUR Insurance Fee USD/EUR 1-10 Million 50,000 + 6,000 = 56,000 11-20 Million 65,000 + 9,000 = 74,000 21-50 Million 80,000 + 12,000 = 92,000 51-100 Million 95,000 + 15,000 = 110,000 101-250 Million 115,000 + 18,000 = 133,000 251-500 Million 150,000 + 21,000 = 171,000 501-1 Billion 185,000 + 24,000 = 209,000 LESSEE’S SIGNATURE 4/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: I Billion and Avove In Tranches of 500M + 225,000 27,000 = 252,000 NON-SOLICITATION The Lessee hereby confirms and declares that the Lessor, its associates or representatives or any person or persons on its behalf has/have never ever solicited the Lessee, its shareholders or associates or representatives in any way whatsoever that can be construed as a solicitation for this transaction or for future transactions. FORCE MAJEURE Any delay in or failure of performance by either party of their respective obligations under this agreement they shall pay 1% of the bank instrument value as penalty. Any delay in or failure of performance by either party of their respective obligations under this agreement shall not constitute a breach hereunder or give rise to any claims for damages if, and to the extent that such delays or failures in performance are caused by events or circumstance beyond the control of such party. The term “Beyond the Control of Such Party “Include Lawful order of Government or Authority, Act of War, Rebellion or Sabotage, Fire, Flood, Earthquake or other natural disasters. Any other cause not within the control of such party or which is by exercise of reasonable diligence, the party will be unable to foresee or prevent or remedy. ARBITRATION All disputes and questions whatsoever which arises between the parties to this agreement and touching on this agreement on the construction or application thereof or any account cost, liability to be made hereunder or as to any act or way relating to this agreement shall be settled by the arbitration in accordance with the arbitration laws of the ICC. This agreement contains the entire agreement and understanding concerning the subject matter hereof and supersedes and replaces all prior negotiations and proposed agreements, written or oral. Neither of the parties may alter, amend, nor modify this agreement, except by an instrument in writing signed by both parties. This agreement will be governed by and construed in accordance with the laws of United Kingdom. In the event LESSEE’S SIGNATURE 5/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: that either party shall be required to bring any legal actions against the other it enforce any of the terms of this agreement the prevailing party shall be entitles to recover reasonably attorney fees and costs. INSTRUMENT RETURN The LESSEE agrees to return the SBLC / BG to the issuing Bank 15 days prior to the Bank Guarantee (BG) / Standby Letter of Credit (SBLC)s expiry date. DISCLOSURE OF INFORMATION The LESSEE prior to signing this agreement, warrants it has received; or has had full access to all the information it considers necessary or appropriate to make an informed investment decision with respect to entering this Deed of Agreement. The LESSEE further acknowledges it has had an opportunity to perform its own due diligence review of the Subject Matter and is willing and desires to proceed with entering this agreement. RESTRICTED BANK OFFICER COMMUNICATION Improper release of the above banking information, for any reason, without the written prior authorization of other party, shall be considered as a Breach of Contract and will make a defaulted party to be actionable for damages. Each party is not allowed to contact the other party's bank without expressed written permission. Any party attempting to do so will lead to cancellation of this transaction/contract. Any unauthorized calls by any party or its representative lawyers, advisors, brokers or consultants to probe or communicate in an improper way to bank(s) in this transaction shall be prohibited and result in contract termination with (1%) one Percent penalty fees being due. DISPUTES Both Parties agree that all disputes arising out of or in connection with this Agreement with the exception of the Non Disparagement Clause shall be fully and finally resolved by arbitration in accordance with the rules of the Arbitration Association in United Kingdom, by one or more Arbitrators appointed in accordance with said rules. All such arbitration awards shall be binding on all Parties and enforceable by law. Party A in this agreement consents willingly to waive all rights to engage in any legal action in any court in any jurisdiction and agrees that any and all disputes between the parties with the exception of the Non Disparagement Clause will be resolved solely by way of Arbitration. LESSEE’S SIGNATURE 6/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: The Parties further agree to carry out the terms of any arbitration award without delay and shall be deemed to have waived their right to any form of alternative recourse in court by or through any other means, in so far as such waiver can validly be made. JURISTRICTION This agreement is subject to the relevant international laws for any fraudulent action and such actions will be punished by law. The legal jurisdiction of this agreement is United Kingdom. FOR AND ON BEHALF OF THE LESSEE ________________ _________ Signature and Stamp/Seal Name: Designation: Passport #: Nationality: Issue date: Expiry date: Lessee’s International Passport (Attached as Appendix A) FOR AND ON BEHALF OF THE LESSOR LESSEE’S SIGNATURE 7/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: ________________ _________ Signature and Stamp/Seal Name: Designation: Passport #: Nationality: Issue date: Expiry date: Lessor’s International Passport (Attached as Appendix B) The Lessor and Lessee agree to the following banking co-ordinates pertaining to the agreement herein above stated: LESSOR’S BANKING CO-ORDINATES TO ISSUE (BG/SBLC) VIA SWIFT MT799 AND/OR MT760 Bank Name Bank Address Account Name Account Number IBAN Number SWIFT CODE Bank Officer Name/Email LESSEE’S SIGNATURE 8/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: LESSOR’S BANKIING CO-ORDINATES TO RECEIVE BANK TRANSMISSION / INSURANCE FEES AND LEASE FEES Bank Name Bank Address Account/Beneficiary Name Special Instruction Account Number SWIFT CODE LESSOR RESERVES THE RIGHT TO USE ANY BANK ACCOUNT TO RECEIVE SWIFT TRANSMISSION/INSURANCE FEES OR LEASE FEES TO SMOOTHEN TRANSACTION OPERATION (IT’S OUR BANK REGULATIONS AND PROCEDURE). LESSOR AND LESSEE RESERVES THE RIGHT TO CHANGE THE BANK COORDINATES STATED HEREIN AT ANYTIME BY PROVIDING WRITTEN REQUEST TO THE UNDERSIGNED. LESSEE’S BANK CO-ORDINATES TO RECEIVE (BG/SBLC) VIA SWIFT MT799 AND/OR MT760 Bank Name Bank Address Account Holder Account Number SWIFT CODE LESSEE’S SIGNATURE 9/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: Signatory Name Bank Name/Email Officer LESSEE’S BANK CO-ORDINATES TO PAY SWIFT TRANSMISSION FEES & INSURANCE FEES Bank Name Bank Address Account Holder Account Number SWIFT CODE Signatory Name LESSEE RESERVES THE RIGHT TO USE ANY BANK COORDINATE TO PAY FEES AND RECEIVE THE BG/SBLC VIA MT799 AND/OR MT760. (IT’S OUR BANK REGULATIONS AND PROCEDURE). LESSEE’S SIGNATURE 10/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: APPENDIX A: LESSEE INTERNATIONAL PASSPORT Insert Full Color Photo of your Passport Here APPENDIX B: LESSOR INTERNATIONAL PASSPORT LESSEE’S SIGNATURE 11/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: Insert Full Color Photo of your Passport Here LESSEE COMPANY CERTIFICATE OF INCORPORATION LESSEE’S SIGNATURE 12/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: Insert Full Color Photo of your Certificate of Incorporation Here LESSOR COMPANY CERTIFICATE OF INCORPORATION LESSEE’S SIGNATURE 13/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: Insert Full Color Photo of your Certificate of Incorporation Here “SAMPLE TEXT OF SWIFT MT799” SAMPLE SWIFT MT-199 OR 799 FROM ISSUING BANK TO BUYER BANK (Text may vary in substance but the essential undertaking must be maintained) FROM BANK NAME: BANK ADDRESS: BANK TEL: BANK FAX: BENK OFFICER NAME: SWIFT CODE: LESSEE’S SIGNATURE 14/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: ACCOUNT NAME: ACCOUNT NO: TO BANK NAME: BANK ADDRESS: BANK TEL: BANK FAX: BENK OFFICER NAME: SWIFT CODE: ACCOUNT NAME: ACCOUNT NO: TRANSACTION CODE: AMOUNT: CURRENCY BENEFICIARY WE, XXXXXXXXXXXXXXXXXXXXX, LOCATED AT XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX, HEREBY CONFIRM WITH FULL BANK RESPONSIBILITY, PURSUANT TO THE REQUEST AND ON BEHALF OF OUR CLIENT, XXXXXXXXXXXXXX, WITH ACCOUNT NUMBER XXXXXXXXXXXXXXXXXXXXX, THAT WE ARE READY, WILLING AND ABLE TO ISSUE AN UNCONDITIONAL, DIVISIBLE, TRANSFERABLE AND ASSIGNABLE, CASH BACKED STAND-BY LETTER OF CREDIT (SBLC) OF ICC PUBLICATION #XXX FORMAT, TO THE BENEFICIARY, XXXXXXXXXXXXXXXXXXXX, WITH ACCOUNT NUMBER XXXXXXXXXXXXXXXX, IN THE TOTAL AMOUNT OF €X00,000,000.00 (XXXXXXXXXXXXXXXXX EUROS), WITH MATURITY DATE OF ONE YEAR AND ONE DAY FROM ISSUANCE DATE AND IT SHALL BE TRANSMITTED VIA SWIFT MT760 WITHIN THREE BANK DAYS UPON RECEIVING MT799 RWA READINESS TO RECEIVE NOTIFICATION TO XXXXXXXXXXXXXXXXX DESIGNATED BANK ACCOUNT FROM XXXXXXXXXXXXXXXX DESIGNATED BANK ACCOUNT. THERE WILL BE NO LIENS AND ENCUMBRANCES ON THESE INSTRUMENTS WHICH SHALL BE DELIVERED AND AVAILED VIA SWIFT MT760 AND EXACT STANDBY LETTER OF CREDIT. THIS SWIFT MESSAGE IS VALID FOR TEN (10) INTERNATIONAL BANKING DAYS SINCE ACCEPTANCE DATE ONLY AS AN OPERATIVE INSTRUMENT. ISSUING BANK WILL NOT ENTERTAIN ANY TELEPHONE CALLS, NO FAXES, NO EMAIL, AND NO WALK-IN VERIFICATION IS ALLOWED. ALL CHARGES ARE FOR THE ACCOUNT OF THE APPLICANT. FOR AND ON BEHALF OF <NAME OF ISSUING BANK> <ADDRESS OF ISSUING BANK> ______________________ AUTHORIZED BANK OFFICER 1 <NAME, TITLE, PIN CODE> ______________________ AUTHORIZED BANK OFFICER 2 <NAME, TITLE, PIN CODE> “SAMPLE TEXT OF SWIFT MT760” SAMPLE SWIFT MT-760 FROM ISSUING BANK TO BUYER BANK (Text may vary in substance but the essential undertaking must be maintained) LESSEE’S SIGNATURE 15/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: FROM BANK NAME: BANK ADDRESS: BANK TEL: BANK FAX: BENK OFFICER NAME: SWIFT CODE: ACCOUNT NAME: ACCOUNT NO: TO BANK NAME: BANK ADDRESS: BANK TEL: BANK FAX: BENK OFFICER NAME: SWIFT CODE: ACCOUNT NAME: ACCOUNT NO: BANK GUARANTEE NO.: ISSUING BANK NAME: BANK ADDRESS: CURRENCY: ISSUED DATE: MATURITY DATE: AMOUNT: APPLICANT: BENEFICIARY: HSBC BANK PLC 8 CANADA SQUARE E14 5HQ LONDON, UNITED KINGDOM. XXXXXXXXXXXXXX XXXXXXXXXXXXXX FOR THE VALUE RECEIVED, WE, <<<<<<<<<<<<NAME OF BANK>>>>>>>>>>>>>>, WITH REGISTERED ADDRESS AT, <<<<<<<<<<<<REGISTERED ADDRESS OF BANK>>>>>>>>>>>>>>>>>>>>>>> , WITH FULL BANK RESPONSIBILITY, HEREBY IRREVOCABLY AND UNCONDITIONALLY, WITHOUT PROTEST OR NOTIFICATION, PROMISE TO PAY AGAINST THIS STANDBY LETTER OF CREDIT NUMBER _________________, IN FAVOR OF THE BENEFICIARY, _____________, OR BEARER AND/OR HOLDER THEREOF, THE SUM OF $X00,000,000.00 (XXX HUNDRED MILLION USA DOLLARS 00/100), IN THE LAWFUL CURRENCY OF THE UNITED STATES OF AMERICA, FOR A PERIOD OF ONE YEAR PLUS ONE MONTH FROM THE DATE OF ISSUE, AT FIRST DEMAND UPON PRESENTATION OF THIS STANDBY LETTER OF CREDIT, AT OUR COUNTERS, ON MATURITY DATE, AND NOT LATER THAN FIFTEEN (15) DAYS AFTER THE MATURITY DATE. SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND FREE AND CLEAR OF ANY DEDUCTION OR CHARGE, FEE OR WITHHOLDING OF ANY NATURE PRESENTLY OR IN THE FUTURE IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE GOVERNMENT OF <<<<<<<< COUNTRY OF ISSUING BANK>>>>>>>> , OR ANY POLITICAL SUBDIVISION OR AUTHORITY THEREOF OR THEREIN. .THIS STANDBY LETTER OF CREDIT IS UNCONDITIONAL, IRREVOCABLE, CALLABLE, ASSIGNABLE, DIVISIBLE, FREELY TRANSFERABLE, WITHOUT NOTICE, OR PRESENTATION TO US AND WITHOUT PAYMENT OF ANY FEES. ALL ISSUING CHARGES ARE FOR THE ACCOUNT OF THE APPLICANT. THIS STANDBY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOM RULES AND PRACTICES FOR DEMAND GUARANTEES UNDER ICC PUBLICATION No 600 (ISP98/URDG758) OR LATEST REVISION. LESSEE’S SIGNATURE 16/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: THIS STANDBY LETTER OF CREDIT IS AN OPERATIVE INSTRUMENT, CONFIRMABLE AND VERIFIABLE ON A BANK TO BANK BASIS. FOR AND ON BEHALF OF: XXX ISSUING BANK XXX XXX ISSUING BANK ADDRESS XXX BANK OFFICER 1 TITLE (PIN) BANK OFFICER 2 TITLE (PIN) SAMPLE TEXT OF READY WILLING AND ABLE(RWA) DATE : TRANSACTION CODE : AMOUNT : APPLICANT NAME : ISSUING BANK : ACCOUNT NUMBER BANK OFFICER : BENEFICIARY : RECEIVING BANK : RECEIVING BANK ADDRESS ACCOUNT NO. SWIFT CODE : : : RE: BANK CONFIRMATION: READY, WILLING AND ABLE (RWA) FOR VALUE RECEIVED, WE, XXXXXXXXXXXXXXX ISSUING BANK , AT XXXXXXXXXXX BANK ADDRESS , HEREBY ISSUE OUR IRREVOCABLE, UNCONDITIONAL AND NEGOTIABLE SBLC NO : HSBCXXXXXXXXX IN FAVOUR OF MILLENNIUM CREST SDN BHD THE BENEFICIARY XXXXXXXXXX FOR THE AMOUNT OF XXXXXXXXXXXXXXXX, VALID FOR ONE (01) YEAR AND ONE (01) DAY AND DUE FOR PAYMENT AT MATURITY ON XXXXXXX {01 YEAR + 01 DAY MATURITY DATE FROM ISSUING DATE} XXXXXXXXX. WE HEREBY IRREVOCABLY AND UNCONDITIONALLY UNDERTAKE TO PAY IN FULL AGAINST THIS SBLC CASH BACK ICC 758 AT MATURITY, WITHOUT ANY PROTEST, DELAY OR OBJECTION, THE SUM OF XXXXXXXXXXXXXXXXXX TO THE ORDER OF XXXXXXXXXXXXXXXXXXXXX. THE BENEFICIARY’S THE BEARER OR HOLDER THEREOF AT MATURITY. SUCH PAYMENT SHALL BE MADE FREE AND CLEAR OF ANY DEDUCTIONS CHARGES, FEES OR WITHHOLDING, UPON RECEIVING BENEFICIARY’S FIRST DEMAND VIA BANK WIRE SYSTEM AND SURRENDER OF THIS SBLC NO: XXXXXXXXXXXXXXXX AT THIS BANK AT MATURITY DATE. LESSEE’S SIGNATURE 17/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: THIS SBLC IS TRANSFERABLE AND ASSIGNABLE WITHOUT PRESENTATION OF IT TO US AND WITHOUT PAYMENT OF ANY FEES. WE HEREBY ENGAGE WITH YOU THAT THE DEMAND MADE UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS SBLC, SHALL BE DULY HONOURED ON DUE PRESENTATION TO US. THE DEMAND HEREUNDER MUST BE MARKED “DRAWN UNDER SBLC NO: XXXXXXX DATED,XX/XX/XX{GUARANTY ISSUE DATE}. THIS SBLC IS CONSTRUED, GOVERNED AND ISSUED IN ACCORDANCE WITH THE RULES, REGULATIONS AND PRACTICES AS SET FORTH BY THE INTERNATIONAL CHAMBER OF COMMERCE {ICC}, PARIS, FRANCE, PUBLICATION 758, LATEST REVISION. THIS SWIFT IS OUR VALID AND OPERATIVE INSTRUMENT. NO MAIL CONFIRMATION WILL FOLLOW. ALL CHARGES ARE FOR THE ACCOUNT OF APPLICANT. THIS BANK INSTRUMENT IS WITH GOOD,CLEAN AND NON-CRIMINAL ORIGIN FUND. ________________________ AUTHORIZATION BANK OFFICER NAME TITLE : _________________________ AUTHORIZATION BANK OFFICER NAME TITLE : TOTAL COMMISSION FEE OF 2% OF FACE VALUE IN EURO/USD PAID BY THE LESSEE TO BE SHARED EQUALLY AS FOLLOW: Brokers Approved for Payment by Lessor are: First Name LESSEE’S SIGNATURE Last Name Passport # Phone Number 18/20 Email LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: TOTAL COMMISSION OF 2% TO LESSEE’S SIDE (OPEN) PARTICULARS PAYMASTER 1 Name E-mail Bank Name Bank Address ABA Routing Number Account Number Account Name SWIFT CODE Bank Telephone Beneficiary: Special Instructions: Required Message: LESSEE’S SIGNATURE ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN, AND ARE IMMEDIATELY PAYABLE IN CASH” 19/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved DATE : TRANSACTION CODE:: This Fee Protection Agreement has been agreed and executed by the undersigned on this day MM/DD/YYYY. FOR AND ON BEHALF OF THE LESSEE ________________ _________ Signature and Stamp/Seal Name: Nationality: Passport #: Issue date: Expiry date: Place of Issue: LESSEE’S SIGNATURE 20/20 LESSOR’S SIGNATURE *** UNAUTHORISED CONTACT WITH BANK OFFICERS OR PROVIDER IS STRICTLY PROHIBITED. *** © Copyright dsmalimited.com 2018 / All Rights Reserved