APPENDIX “A”SWIFT MT 799 OF STANDBY LETTER OF CREDIT

(To be issued and delivered by Party B’s Bank, Official Issuing Bank Letterhead)

Date : _________, 2016Issuing Bank :Bank Address :SWIFT Code :Bank Tel/Fax :

Beneficiary：WE HEREBY CONFIRM, WITH FULL BANK RESPONSIBILITY, THAT WE ARE READY, WILLING AND ABLE AND HAVE THE CREDIT FACILITY TO ISSUE AN UNCONDITIONAL STANDBY LETTER OF CREDIT OF ICC 500/600 FORMAT THAT IS IRREVOCABLE, UNCONDITIONAL, ASSIGNABLE, TRANSFERABLE, DIVISIBLE, CALLABLE, IN THE AMOUNT OF EUROPEAN UNION CURRENCY EURO FIVE HUNDRED MILLION (€ 500,000,000.00) IN FAVOR OF THE BENEFICIARY, NAMELY, …………………………………….. FOR A PERIOD OF ONE (1) YEAR AND ONE (1) DAY AND SBLC NUMBER …………………….. AND WILL BE DELIVERED VIA SWIFT MT- 760. WE CONFIRM THAT THIS STANDBY LETTER OF CREDIT IS AN OPERATIVE INSTRUMENT AND THE BACK-UP FUNDS ARE CLEAN, CLEARED OF NON-CRIMINAL ORIGIN AND OF NON-TERRORIST ORIGIN, FREE AND CLEAR OF LIENS AND ENCUMBRANCES

THIS SWIFT MESSAGE IS VERIFIABLE ON NORMAL BANK-TO-BANK BASIS WITH FULL BANK RESPONSIBILITY.THIS SWIFT IS OUR VALID AND OPERATIVE INSTRUMENT. NO MAIL CONFIRMATION WILL FOLLOW. ALL CHARGES ARE FOR THE ACCOUNT OF APPLICANT.

WE REQUEST FOR A BANK REPLY LETTER TO CONFIRM THE ABILITY TO RECEIVE THE INSTRUMENT VIA SWIFT MT-799 IN RESPONSE TO THIS SWIFT MESSAGE AND IN KEEPING WITH THE CONDITIONS OF TRANSACTION CODE:

For and on behalf of (name of issuing bank)

__________________________ ____________________________Bank Officer 1 : Bank Officer 2 :Title : Title :ID Code : ID Code :Phone : Phone :

APPENDIX “B”SWIFT MT 799/199 RWA

Date : _________, 2016Issuing Bank :Bank Address :SWIFT Code :Bank Tel/Fax : SUBJECT: EURO FIVE HUNDRED MILLION SBLC (EURO 500,000,000.00) STANDBY LETTER OR CREDIT FOR TRANSACTION CODE:

IN RESPONSE TO YOUR SWIFT MT799 MESSAGEWE, <INSERT NAME OF RECEIVING BANK>, HEREBY CONFIRM WITH OUR FULL BANK RESPONSIBILITY THAT WE ARE READY, WILLING AND ABLE TO RECEIVE THE STANDBY LETTER OF CREDIT THE TOTAL AMOUNT OF EURO FIVE HUNDRED MILLION (EURO 500,000,000.00) AND WILL MAKE AN IRREVOCABLE CONDITIONAL PAYMENT OF40% FACE VALUE OF THE BANK INSTRUMENT

THIS IS TO CONFIRM WITH OUR FULL BANK RESPONSIBILITY AND COMMITMENT AND ON BEHALF OF OUR CLIENT .......................................THAT WE ARE COMMITTED, READY, WILLING AND ABLE TO PERFORM TO THE CLOSING AGREEMENT PROCEDURES BEARING TRANSACTION CODE: .................................

WE FURTHER CONFIRM TO LIFT THE SAID PAYMENT CONDITION AND RELEASE PAYMENT UPON RECEIPT OF THE CONTRACTED, VERIFIABLE AND AUTHENTICATED INSTRUMENT VIA MT760. WE DECLARE THAT THIS CONFIRMATION IS VERIFIABLE BANK TO BANK.

THIS IS AN OPERATIVE BANK INSTRUMENT AND IS SUBJECT TO THE UNIFORM COMMERCIAL CODE AS IT RELATES TO BANK CREDIT INSTRUMENTS. Yours faithfully,For and on Behalf of xxxxx Bank______________________ ______________________Authorized Bank Officer 1 Authorized Bank Officer 2<Name, Title, PIN Code> <Name, Title, PIN Code>

APPENDIX “C”DRAFT SWIFT TEXT FORMAT FOR MT760

IN CASH-BACKED STANDBY LETTER OF CREDIT OF ICC FORMAT 600

SBLC TEXTvia SWIFT MT760

Draft SBLC (SWIFT MT760) XXXXX BANK Bank Address Tel Number: Fax Number: SWIFT Code: ATT: Title:

RE: OUR STANDBY LETTER OF CREDIT NO. XXXXX

FOR VALUE RECEIVED BY US, WE (NAME OF ISSUING BANK & ADDRESS), HEREBY IRREVOCABLY AND UNCONDITIONALLY WITHOUT PROTEST OR NOTIFICATION PROMISE TO PAY AGAINST THIS STANDBY LETTER OF CREDIT NO._____ IN FAVOUR OF …………………………………… ON MATURITY DATE OF (ONE YEAR AND ONE DAY FROM DATE OF ISSUE) THE SUM OF EURO FIVE HUNDRED MILLION (€500,000,000.00)) IN THE LAWFUL CURRENCY OF THE EUROPEAN UNION UPON PRESENTATION TO US OF THE ORIGINAL OF THIS STANDBY LETTER OF CREDIT AT OUR COUNTERS ON MATURITY, BUT NOT LATER THAN FIFTEEN (15) DAYS AFTER THE MATURITY DATE.

SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND CLEAR OF ANY DEDUCTIONS, OR CHARGES, FEES OR WITHHOLDING OF ANY NATURE, NOW OR HEREINAFTER IMPOSED, LEVIED, COLLECTED, WITH-HELD OR ASSESSED BY THE GOVERNMENT OF (NAME OF ISSUING BANK’S COUNTRY) OR ANY POLITICAL SUBDIVISION OR AUTHORITY THEREOF OR THEREIN.

THIS STANDBY LETTER OF CREDIT NUMBER: XXXXXXX ISSUED CAN BE USED FOR LOAN AND CREDIT ENHANCEMENT.

THIS STANDBY LETTER OF CREDIT IS IRREVOCABLE, UNCONDITIONAL, ASSIGNABLE, TRANSFER-ABLE, DIVISIBLE, AND CALLABLE WITHOUT PRESENTATION TO US, OR PAYMENT OF ANY TRANS-FER OR ASSIGNMENT FEE.

THIS STANDBY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM RULES FOR BANK GUARANTEE UNDER ICC PUBLICATION NO500/600 LATEST ICC REVISIONS. THIS IS AN OPERATIVE INSTRU-MENT AND NO MAIL CONFIRMATION SHALL FOLLOW.

FOR AND ON BEHALF OF <ISSUING BANK>:

_____________________ _______________________

AUTHORIZED SIGNATORY AUTHORIZED SIGNATORY BANK OFFICER NAME: BANK OFFICER NAME:CODE AND TITLE: CODE AND TITLE:SIGNATURE: SIGNATURE:

ISSUING BANK AND ISSUER OF THE SBLC BANK INSTRUMENTISSUING BANK AND ISSUER OF THE SBLC BANK INSTRUMENT

PARTY B’S BANK CO-ORDINATES TO SWIFT MT799 & MT 760

Bank Name : TS Imperial Bank Group, CyprusBank Address : P.O. Box 42569, 6500 Larnaca, CyprusSwift Code : TIIRCY21XXXBank Officer : Giorge Babunati (Manger)Bank Telephone No. : +35722030635Account Name : Cham Horizon LtdAccount Number : 1720165056Account Signatory : DR.ABDULLAH KHEIR BEK