(PLEASE NOTE THAT I MYSELF, MANDATE AND PROVIDER WILL TELEPHONE YOUR BANK AND YOUR BANK OFFICER SEPARATELY TO VERIFY THAT THIS DOCUMENT IS SIGNED BY HIM. BOTH PHONE NUMBERS OF THE BANK AND OF THE SIGNING OFFICER MUST BE GIVEN IN THIS DOCUMENT.

ONLY 1ST PAGE OF THIS DOCUMENT IS REQUIRED TO BE SIGNED. WE DO NOT WANT IT TO BE ADDRESSED TO THE PROVIDER. IT SHOULD BE ADDRESSED TO CLIENT HIMSELF. THERE IS N BANKING LAW PROHIBITING ANY BANK TO ISSUE SUCH A LETTER TO ITS OWN CLIENT. IF YOU CANNOT GET SUCH CLEANTANCE LETTER FOR YOURSELF FROM YOUR OWN BANK, THEN BETTER GO TO ANOTHER PROVIDER AND FORGET DEALING WITH US. HUSSAIN KHAN, TOKYO)

SAMPLE BANK CLEARANCE AND APPROVAL LETTER

TO BE ADDRESSED TO THE CLIENT

BANK CAN USE THEIR OWN VERBIAGE BUT THE ESSENCE OF WHAT IS NEEDED HAS TO REMAIN

Account Holder: .

Account Number: .

Account Holders Address: .

We, ..... (Bank's Name, Address, City and Country) ....., do hereby confirm that our institution with full banking responsibility that we will issue on your behalf to the bank account details you will provide a Bank Payment Undertaking via SWIFT MT-799 for the dollar amount of XXXX Million ($XXXx.XXX) within 3 banking days of your request being presented to us.

We confirm to have read and approved the required verbiage as detailed in Annex “A” below. We also confirm as per your request in your LOI Procedures that when Provider Bank sends us RWA (Pre-Advice) first through MT799, we will move to issue the required Payment Undertaking vis MT799. Thereafter, your Provider will be required to issue the subsequent SBLC/BG via MT760.

We stand ready for your further instructions.

For and on Behalf of ..... (Bank's Name) .....,

BANK OFFICER NAME:

TITLE:

BANK OFFICER TELEPNONE NUMBER FOR VERIFICATION:

BANK TELEPHONE NUMBER FOR VERIFIACTION:

BANK STAMP OR SEAL

“EXHIBIT A”

SAMPLE BPU / MT799 PAYMENT UNDERTAKING (CONDITIONAL)

(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:

ACCOUNT NAME:

ACCOUNT NO:

TO

BANK NAME:

BANK ADDRESS:

BANK TEL:

BANK FAX:

BENK OFFICER NAME:

SWIFT CODE:

ACCOUNT NAME:

ACCOUNT NO:

TRANSACTION CODE:

BG/SBLC NO:

CURRENCY:

AMOUNT:

ISSUING DATE:

MATURITY DATE:

AT THE REQUEST OF OUR CLIENT: RECIEVERS NAME> FOR THE BENEFIT OF: <SENDERS NAME>, WE, BANK NAME>, HEREBY IRREVOCABLY CONFIRM THAT WE ARE PREPARED TO UNDERTAKE THE FOLLOWING:

1. TO RECEIVE, VIA SWIFT MT760 INTO OUR CLIENT’S ACCOUNT, RECEIVERS ACCOUNTCASH-BACKED, ASSIGNABLE, TRANSFERABLE, DIVISIBLE AND UNCONDITIONAL BANK GUARANTEE /STANDBY LETTER OF CREDIT (“XXXM USD/EURO”); AND,

2. TO SWIFT TRANSFER A PRINCIPAL AMOUNT <38% OF VALUE OF BG/SBLC AMOUNT) XXXX MILLION EURO/USD PLUS 3% FEES FOR CONSULTANTS at respective accounts>WITHIN THREE (3) INTERNATIONAL BANKING DAYS TO THE BELOW-LISTED ACCOUNT AFTER SUCCESSFULLY RECEIVING AND AUTHENTICATING THE (“XXXM USD/EURO”); BANK GUARANTEE/STANDBY LETTER OF CREDIT DELIVERED VIA SWIFT MT760 TO OUR CLIENT’S ABOVE ACCOUNT.

BANK NAME:

ACCOUNT NUMBER:

ACCOUNT NAME:

SWIFT CODE:

WE, HEREBY CONFIRM THAT THE (8% OF VALUE OF BG/SBLC AMOUNT) XXXX MILLION EURO/USD? ARE GOOD, CLEAN AND CLEARED FUNDS DERIVED FROM A LEGAL SOURCE.

For and on behalf of:

ISSUING BANK

ISSUING BANK ADDRESS

BANK OFFICER 1BANK OFFICER 2

TITLE (PIN)TITLE (PIN)