INVESTMENT AGREEMENT NO.

GTF357/MS/TUH324-852-3/B-2 from 30 march 2016

2. CONDITIONS OF INVESTMENT.
Investment under the present Agreement is granted by the Investor to the Partner for the financing of
Partner's social development. The Investment shall be implemented within a period of 49 years. Amount of
investment under the present Agreement is Investment under the present Agreement granted by the
Investor to the Partner for the financing of Partner's social development. Amount of the investment under
the present Agreement is VEF 1,000,000,000.00 (TEN BILLION) WITH SUBSEQUENT EXTENSION OF THE
PRESENT AGREEMENT.

THE FUNDS SHALL BE TRANSFERRED IN THE FOLLOWING

TRANCHES:
1 TRANCHE-VEF 50 000 000,00
2 TRANCHE-VEF 150 000 000,00
3 TRANCHE-VEF 200 000 000,00
4 TRANCHE-VEF 200 000 000,00
5 TRANCHE-VEF 200 000 000,00
6 TRANCHE-VEF 200 000 000,00
TOTAL: VEF 1 000 000 000,00 WITH A FURTHER INCREASE TO 200 BILLION
BOLIVARS

Full amount of Investment under the present Agreement will be transferred to the Partner’s banking
account, specified in the present Agreement, via S.W.I.F.T. MT 103 wire transfer from the Investor's bank,
and to the banking details specified in the additional contracts, for the purpose of improving of the
efficiency of utilization of the Investments.
The investor reserves the right to transfer the investment funds from other settlement accounts.
2.1. Full amount of the Investment under the present Agreement will be sent by the Investor on
Partner's in term of 3 (three) banking days from the moment of signing of present Agreement.
2.2. Investment will be made by lean and clear money funds of non-criminal origin, free of liens and
encumbrances.
2.3. Partner bears full responsibility for appropriate utilization of investment.
2.4. The Partner reserves the right to receive the funds to specific Accounts that will be nominated to
receive the funds mentioned herein.
3. RIGHTS AND OBLIGATIONS OF THE PARTIES.
3.1. Investor irrevocably undertakes to:
3.1.1. Grant to the Partner Investment in amount and on conditions specified in the chapter 2 of the
present Agreement.
3.1.2. Transfer Investment onto the Partner's banking account via the S.W.I.FT wire transfer according to
the conditions of Investment specified in the chapter 2 of the present Agreement.
3.1.3. Make transfer of Investment from clean and clear money funds of non-criminal origin, free of liens
and encumbrances.
3.2. Partner irrevocably undertakes to:
3.2.1. Lodge present contract in Partner's receiving bank and arrange reception of Investment.
3.2.2. Receive and accept Investment sent by the Investor.
3.2.3. Utilize Investment according to the conditions of granting of the Investment.
3.2.4. In any and every case, to not use directly or indirectly Investment, profit received from investment
or reinvestment for all and any illegal activity, including but not limited to the: weapons and warfare trade,
illegal drug and narcotics trade, criminal and/or terroristic activity, slavery, piracy etc.
4. EXPENSES AND LOSSES OF PARTIES.
4.1. For the losses, caused by non-fulfillment or/and untimely fulfillment of obligations by one Party,
suffered Party have right to claim compensation for the really originated and documentary confirmed
losses.
5. TERM OF VALIDITY OF AGREEMENT AND TERMINATION OF AGREEMENT.
5.1. Present Agreement is valid from moment of signing.
5.2. Present Agreement shall be considered as finished after successful completing by Parties it's
respective obligations under present Agreement and settle all payments.