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MT760 from Issuing Bank

ON BEHALF OF OUR CLIENT.................................AND WITH FULL BANK RESPONSIBILITYWE.................................,CONFIRM WITHOUT PROTEST AND FOR THE BENEFIT OF.....................ISSUE THIS GUARANTEE IN THE AMOUNT OF......................UNITED STATES DOLLARS(...................00 USD),HEREINAFTER REFERRED TO AS GUARANTEE.

WE FURTHER CONFIRM THAT THIS GUARANTEE HAS BEEN ISSUED FOR A PERIOD OF TWELVE MONTHS FROM .................AND SHALL BECOME PAYABLE ON OR BEFORE THE EXPIRY DATE STATED HEREIN.

WE FURTHER CONFIRM THAT THIS GUARANTEE SHALL BECOME PAYABLE IMMEDIATELY UPON YOUR BANKS.......................FIRST REQUEST DEMAND FOR PAYMENT AT ANY COUNTER OF ...............AND THAT SUCH PAYMENT SHALL BECOME PAYABLE WITHOUT SETOFF OR DEDUCTION OF ANY FEES.

WE FURTHER CONFIRM THAT THIS GUARANTEE IS TRANSFERABLE, ASSIGNABLE, NEGOTIABLE, AND DIVISIABLE WITHOUT PRESENTATION OF IT TO US AND WITHOUT PAYMENT OF ANY FEE.

THE GUARANTEE SHALL BE GOVERNED BY AND SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE COUNTRY OF THE ISSUING BANK AND ISSUED IN ACCORDANCE WIRH THE RULES AND REGULATIONS AND PRACTIVE AS SET FORTH BY THE INTERNATIONAL CHAMBER OF COMMERCE (ICC) PARIS FRANCE,PUBLICATION 500/600 LATEST REVISION.THIS LETTER OF GUARANTEE EXPIRES ON ___________ ____ 2014.

For and on behalf of HSBC London.

___________________________________________Authorized Officer Authorized Officer(Name and Title)(Name and Title)ID Code and SignatureID Code and Signature

DisclaimerThis document is intended solely for the benefit of firms and individuals seeking to be connected with various funding and monetization sources. The material enclosed is for informational purposes only and does not constitute an offer or solicitation to purchase any investment solutions or a recommendation to buy or sell securities nor is it to be construed as investment advice. Any examples are for illustrative purposes only and do not constitute financial recommendations or advice. You acknowledge that Bank Guarantee Funding is NOT a Broker, Finance Company, Financial Advisor or Licensed in any way, we are solely a Deals Facilitation Service that works with clients to assist them to implement a range of appropriate Solutions directly with professional service providers. Our role is to connect people, assist in the removal of deal barriers and peer the right service provider with the right client so customers can achieve a likely successful conclusion.- Confidential -

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