LEASE OF BG/SBLC USING BCL VIA BANK SECURED EMAIL+ICBPO

DESCRIPTION OF INSTRUMENT:
1. INSTRUMENT TYPE: BANK GUARANTEE (BG) CASH BACKED ICC 600/700
2. TERM: ONE (1) YEAR + ONE (1) DAY
3. AGE: FRESH CUT
4. ISSUING BANK: UBS, ZURICH OR NATWEST, LONDON
5. INTEREST RATE: ZERO COUPON
6. PRICE: 14% OF BG FACE VALUE
7. COMMISSION: 2% OF BG FACE VALUE
8. CURRENCY: USD
9. CONTRACT AMOUNT: FIVE HUNDRED MILLION USD (US$ 500,000,000.00) WITH R/E
10. FIRST TRANCHE: ONE HUNDRED MILLION USD (US$ 100,000.00)
11. SUBSEQUENT TRANCHE: AS AGREED BETWEEN BOTH PARTIES
12. DELIVERY: MT760 FOLLOWED BY HARD COPY VIA BANK BONDED COURIER AFTER PAYMENT
13. PAYMENT: MT103











PROCEDURES:
1) The LESSEE sends Deed Of Agreement (DOA) to the LESSOR that contains copies of the following documents:
I. Lessees Passport (High Resolution Scan)
II. Companys Board Resolution
III. Clients Information Sheet (CIS)
IV. Company Registration
V. Irrevocable Master Fee Payment Agreement (IMFPA)
VI. A copy of the Bank Comfort Letter (BCL) signed and endorsed by two bank officers

2) This DOA automatically becomes a full commercial non-- recourse contract to be executed and lodged with their
respective banks when the LESSOR countersigns this DOA and returns to LESSEE with the following documents
I. Lessors Passport (High Resolution Scan)
II. Clients Information Sheet (CIS)
III. Company Registration

3) No later than ONE (1) banking day, LESSEEs bank will attached a copy of the BCL to LESSOR issuing bank via bank
officer secured email

4) Within three banking days upon satisfactory verification of BCL via Email from LESSEE s Bank, LESSOR shall send Pre-
Advice Swift MT--799 to LESSEEs bank. (Pre-- advice shall be valid for (4) four banking days only) and within 1 banking day,
LESSOR will send the courtesy copy of the Swift to the LESSEE.

5) Upon successful authentication of the Swift MT--799 from LESSOR, the LESSEEs bank will send ICBPO Swift MT760 to LESSORs
bank for the Invoice price of 14%+2% face value (inclusive of intermediary fees) and confirms Ready, Willing and Able to
receive and fund Sellers MT--760.

6) Within two banking days upon authentication of ICBPO, the LESSORs Bank will send the Bank Guarantee Swift MT760 to the
LESSEEs bank.

7) Within three Banking days upon authentication of MT--760, the LESSEEs Bank will release payment of Invoice
price by Swift MT--103. The LESSEEs Bank will pay the intermediary fees to all intermediaries in accordance with the IMFPA.

8) Within 5 banking days after receiving the payment, Hard copy will be sent to LESSEEs bank by bank--bonded courier.

9) Should LESSEE default to pay the Lease price to the LESSOR and the brokers commission fees as agreed after three
(3) banking days of confirmation of MT760 in LESSEE's bank account, the LESSOR will instruct the issuing bank to
put a claim on the BG thereby forcing the LESSEE's bankers to return the BG MT760 to the issuing Bank.

10) 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

11) Sanctions (Non Performance) After this contract is signed by both The Provider and The Investor, and
copies exchanged electronically or otherwise by a delivery service, failure to follow the closing procedure in time and from
herein is considered breach of this contract and puts the failing party in default position to pay a onetime penalty fee of 2%
of the first tranche of the contract to the suffering Party within 3 banking days.


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