DEED OF AGREEMENT

THIS/DEED OF AGREEMENT (HEREINAFTER REFERRED TO AS “AGREEMENT”)IS EXECUTED

WITHOUT PREJUDICE OR CONFLICT OF INTEREST, DULY UNDERSTOOD AND SIGNED BY BOTH
PARTIES ACTING AT THEIR OWN ACCORD ON JANUARY 12TH 2024 BY AND BETWEEN:

COMPANY NAME RavenFinance Gmbh

ADDRESS Alte Bahnhofstrasse 10, 36381, Schluechtern
COMPANY HRB 96318
REGISTRATION
REPRESENTED BY Mr. Christoph Hermann Ravenstein
PASSPORT NUMBER C5N6TVC5X

HEREIN NAMED AS THE "SELLER & SENDER", HEREBY CONFIRM, WITH FULL LEGAL
RESPONSIBILITY, UNDER PENALTY OF PERJURY OF LAW THAT WE ARE READY, WILLING AND
ABLE TO DELIVER THE FOLLOWING BANK INSTRUMENT, UNDER THE TERMS AND CONDITIONS
DESCRIBED BELOW, BASED ON GOOD, CLEAN, CLEAR UNENCUMBERED FUNDS OF NON-
CRIMINAL ORIGIN;

AND

COMPANY NAME
REG. ADDRESS
REG. NUMBER
REPRESENTED BY
POSITION
PASSPORT NO.

HEREIN NAMED AS THE "BUYER & RECEIVER’S", HEREBY CONFIRM, WITH FULL LEGAL
RESPONSIBILITY, UNDER PENALTY OF PERJURY OF LAW, THAT WE ARE READY, WILLING AND
ABLE TO FUND AGAINST THE FOLLOWING BANK INSTRUMENT, UNDER THE TERMS AND
CONDITIONS DESCRIBED BELOW WITH GOOD, CLEAN,CLEAR, UNENCUMBERED FUNDS OF NON-
CRIMINAL ORIGIN.

SELLER & SENDER

INITIALS: BUYER & RECEIVER’S
INITIALS:
 BOTH PARTIES COLLECTIVELY BEING REFERRED TO AS THE “PARTIES”

DESCRIPTION OF BANK INSTRUMENT

WHAT WE HAVE IS

1 INSTRUMENT STANDBY LETTER OF CREDIT (SBLC)CASH BACKED

2 TERM OPERATIVE, IRREVOCABLE, ASSIGNABLE, UNCONDITIONAL,

TRANSFERABLE AND CONFIRMED

3 ISSUING BANK BLACKTHORN FINANCE LTD

4 AGE /CURRENCY ONE (1) YEAR AND ONE (1) DAY-FRESH CUT/EURO

5 PRICE 35% (35 PERCENT EXCLUDE INTERMEDIARY FEES)

6 INTERMEDIARY 3% (THREE PERCENT DIVIDED BY 1% SELLER TEAM, 1%

FEE ARRANGER TEAM, 1% BUYER TEAM)

6 CONTRACT GBP£ 100,000,000.00 (ONE HUNDRED MILLION GREAT BRITAIN

AMOUNT POUNDSTERLING)

7 DELIVERY RECEIVING BANK TO ISSUE BANK PAYMENT UNDERTAKING

(“BPU”) (EXHIBIT C) VIA MT-799; ISSUING BANK TO ISSUE MT-760
SELLER & SENDER TO SEND SWIFT COPIES OF THE MT-799 AND
MT-760 TO THE BUYER & RECEIVER’S AS SOON AS THEY ARE
SENT, PAYMENT FOR THE BG/SBLC TO BE REMITTED WITHIN
TEN (10) BANKING DAYS UPON VERIFICATION AND
CONSOLIDATION OF THE MT-760. HARD COPY TO FOLLOW BY
BANK BONDED COURIER WITHIN TEN (10) BANKING DAYS
AFTER AUTHENTICATION OF PAYMENT

8 PAYMENT SWIFT MT103

9 HARD COPY BONDED COURIER WITHIN TEN BANKING DAYS.

I, MR. ...., PRESIDENT DIRECTOR, HOLDER OF PASSPORT NUMBER ...., ACCOUNT HOLDER AND
AUTHORIZED SIGNATORY, HEREBY CONFIRM WITH FULL LEGAL AND CORPORATE
RESPONSIBILITY, THAT WE ARE READY, WILLING AND ABLE TO UNDERTAKE FOR THE
EXCHANGE OF THE HEREIN DESCRIBED (SBLC) DERIVED FROM LEGAL SOURCES AND OF NON-
CRIMINAL ORIGIN THROUGH OUR BANKING RESOURCES UNDER THE TERMS AND CONDITIONS
STATED HEREIN, AGAINST GOOD, CLEAN, CLEAR FUNDS OF NON-CRIMINAL ORIGIN.
SELLER & SENDER
INITIALS: BUYER & RECEIVER’S
INITIALS:
WHEREAS, THE BUYER & RECEIVER’S DESIRES TO RECEIVE A COLLATERAL FACILITY FROM
THE SELLER & SENDER, IN FORM OF (SBLC) FOR THE PURPOSE TO SECURE WORKING CAPITAL
AND PROPER MANAGEMENT OF HIS DAILY BUSINESS, AND FURTHER CONFIRMS WITH FULL
CORPORATE AND LEGAL RESPONSIBILITY THAT SUFFICIENT FUNDS ARE AVAILABLE TO COVER
THE COSTS OF THE SAID CREDIT FACILITY.
WHEREAS, THE SELLER & SENDER ACCEPTS BENEFICIARY’S APPLICATION FOR THE
COLLATERAL FACILITY, IN FORM OF SBLC BY ISSUING AND TRANSFERRING TO THE
BENEFICIARY ALL ITS RIGHTS ON SBLC TITLE AND ANY OTHER INTEREST, PLUS FURTHER
REPRESENTS AND WARRANTS THAT IT HAS THE ABILITY AND RESOURCE TO CAUSE THE
ISSUANCE & ARRANGE THROUGH ASSOCIATES, CONTRACTS AND SOURCES, WITH FULL
CORPORATE RESPONSIBILITY, SUCH FINANCIAL INSTRUMENT(S) AS REQUIRED AND AS PER
TERMS MUTUALLY AGREED HEREIN. THE SELLER & SENDER HEREBY DECLARES, UNDER FULL
PENALTY OF PERJURY, EACH SBLC WILL BE BACKED BY GOOD, CLEAN, CLEAR FUNDS OF NON-
CRIMINAL ORIGIN, FREE & CLEAR OF ALL LIENS, ENCUMBRANCES & ANY THIRD PARTY
INTERESTS.
NOW THEREFORE, THE BUYER & RECEIVER’S HAS AGREED TO RECEIVE THE INSTRUMENT(S)
AND THE SELLER & SENDER HAS AGREED TO ISSUE/DELIVER SAID INSTRUMENTS BASED ON
THE FOLLOWING TERMS AND CONDITIONS:

TRANSACTION PROCEDURE: PURCHASING

1. APPLICANT SUBMITS THE COMPLETE FILLED CIS/APPLICATION FORM ALONG WITH

HIS/HER LOI ALONG WITH REQUIRED SECURITIES TYPE (USE UPDATED SECURITY LIST),
FACE VALUE, ISSUING BANK NAME, RECEIVING BANK DETAILS.

2. LEGAL DESK WILL VERIFY THE DOCUMENTS AND ACCESS APPLICANT’S CAPABILITIES.
APPLICANT WILL SUBMIT THE EXECUTED AGREEMENT TO ISSUING AUTHORITY. WITHIN
TWO (2) BANKING DAYS FROM THE RECEIPT OF THE CONTRACT, ISSUING AUTHORITY
WILL SEND A SWIFT MT799 TO THE BENEFICIARY’S BANK. AFTER THE CONFIRMATION OF
MT799 BENEFICIARY’S WILL ISSUE 2.63% OF MT760 FEE WITH B.P.U . WITHIN FIVE (5)
BANKING DAYS FROM THE DOCUMENT SUBMISSION, ISSUING BANK WILL SEND THE
TRADABLE & TRANSFERABLE SECURITIES/SECURITY THROUGH SWIFT MT760 TO THE
BENEFICIARY’S BANK. WITHIN SEVEN (7) BANKING DAYS FROM THE RECEIPT AND
VERIFICATION OF THE SWIFT MT760, BENEFICIARY BANK WILL TRANSFER THE PRE-
APPROVED LEASE/PURCHASE FEE THROUGH SWIFT MT103 AGAINST B.P.U

3. IF THE BENEFICIARY DOES NOT HONOUR THE PAYMENT, THEN THE ISSUER WILL PLACE
A CLAIM ON THE SECURITIES WHICH WILL CAUSE THE RECEIVER’S BANK TO RETURN THE
SWIFT MT760 & INSTRUMENT FEE WILL BE LAPSE

4. THIS DOA IS A FULL RECOURSE COMMERCIAL COMMITMENT GOVERNED BY THE LAW OF

THE UNITED KINGDOM AND STANDARDS UNDER ICC REGULATION.

SELLER & SENDER

INITIALS: BUYER & RECEIVER’S
INITIALS:
SANCTIONS (NON-PERFORMANCE): AFTER THIS CONTRACT IS SIGNED BY BOTH SELLER &
SENDER AND BUYER & RECEIVER’S, AND COPIES EXCHANGED ELECTRONICALLY OR
OTHERWISE BY A DELIVERY SERVICE, FAILURE TO FOLLOW THE CLOSING PROCEDURE IN TIME
AND FORM HEREIN IS CONSIDERED BREACH OF THIS CONTRACT AND PUTS THE FAILING PARTY
IN DEFAULT POSITION TO PAY A ONE-TIME PENALTY (NON-PERFORMANCE) FEE OF 2% ON
CONTRACT VALUE TO THE PRINCIPAL SUFFERING PARTY PLUS 1% TO
INTERMEDIARIES/FACILITATORS (0.5% EACH SIDE).

UNAUTHORIZED BANK COMMUNICATION: NEITHER PARTY IS ALLOWED TO CONTACT BANK

OF THE OTHER PARTY WITHOUT THE AUTHORIZATION OF THE PARTY WHOSE BANK IS TO BE
CONTACTED. ANY UNAUTHORIZED CALLS BY ANY PARTY OR ITS REPRESENTATIVE
AGENT/BROKER/LAWYER TO PROBES OR COMMUNICATION IN AN IMPROPER WAY OR WAYS
INDICATIVE OF DIRECT/INDIRECT SOLICITATION TO BANK(S) IN THIS TRANSACTION SHALL BE
PROHIBITED & RESULT TO CONTRACT TERMINATED. NOTICE: THIS IS A PRIVATE SALE BETWEEN
2 ENTITIES & IS NOT TO BE CONSTRUED AS AN OFFER OF FUNDS OR SALE OF SECURITIES AS
DEFINED IN US SECURITIES ACT OF 1933/34.

RECEIVERS OBLIGATION: BUYER & RECEIVER’S, WITH FULL CORPORATE AND LEGAL
RESPONSIBILITIES, AND UNDER PENALTY OF PERJURY, CONFIRMS THAT HE IS FULLY AWARE
OF HIS FINANCIAL ABILITY AND FACILITIES WITH HIS BANK WHEN SIGNING THIS DOA OR
OTHER AGREEMENTS & DOCUMENTS WITH SELLER & SENDER. BUYER & RECEIVER’S FURTHER
CONFIRMS THAT SELLER & SENDER IS AUTHORIZED TO VERIFY FUNDS OF EACH TRANCHE OF
THE CONTRACT WITH HIS BANK, IF NECESSARY. IN THE EVENT OF UNSATISFACTORY
VERIFICATION, TRANSACTION WILL BE SUSPENDED IMMEDIATELY AND THE RECEIVER IS IN
BREACH OF THE CONTRACT AND LIABLE FOR LEGAL CONSEQUENCES.

SELLER & SENDER OBLIGATION: BUYER & RECEIVER’S WITH FULL CORPORATE AND LEGAL
RESPONSIBILITIES, AND UNDER PENALTY OF PERJURY, CONFIRMS THAT SELLER & SENDER IS
FULLY AWARE OF THE COMMITMENT OF THE INSTRUMENTS WHEN COUNTERSIGNING THIS
DOA. SELLER & SENDER FURTHER CONFIRMS TO DELIVER INSTRUMENTS, NEGOTIATE & MAKE
PROPER ARRANGEMENT WITH THE SELLER & SENDER TO CONTINUOUSLY SUPPLY THE
INSTRUMENTS UNTIL THE WHOLE CONTRACTED VOLUME IS EXHAUSTED. WITHOUT
EXPRESSED WRITTEN PERMISSION, NEITHER PARTY SHALL CONTACT THE BANK OF THE OTHER
PARTY. BOTH PARTIES MAY CHANGE BANKING COORDINATES WITH WRITTEN NOTICE TO THE
OTHER PARTY.

NON-SOLICITATION: BUYER & RECEIVER’S HEREBY CONFIRMS A DECLARES THAT SELLER &
SENDER, ITS ASSOCIATES OR REPRESENTATIVES OR ANY PERSON OR PERSONS ON ITS BEHALF
HAS/HAVE NEVER EVER SOLICITED STANDBY LETTER OF CREDIT., ITS SHAREHOLDERS OR
ASSOCIATES OR REPRESENTATIVES IN ANY WAY WHATSOEVER THAT CAN BE CONSTRUED AS
A SOLICITATION FOR THIS TRANSACTION OR FOR FUTURE TRANSACTIONS.

FORCE MAJEURE: ANY DELAY IN OR FAILURE OF PERFORMANCE BY EITHER PARTY OF THEIR

RESPECTIVE OBLIGATIONS UNDER THIS AGREEMENT SHALL NOT CONSTITUTE A BREACH
HEREUNDER OR GIVE RISE TO ANY CLAIMS FOR DAMAGES IF, AND TO THE EXTENT THAT SUCH
DELAYS OR FAILURES IN PERFORMANCE ARE CAUSED BY EVENTS OR CIRCUMSTANCE BEYOND
SELLER & SENDER
INITIALS: BUYER & RECEIVER’S
INITIALS:
THE CONTROL OF SUCH PARTY. THE TERM “BEYOND THE CONTROL OF SUCH PARTY “INCLUDE
LAWFUL ORDER OF GOVERNMENT OR AUTHORITY, ACT OF WAR, REBELLION OR SABOTAGE,
FIRE, FLOOD, EARTHQUAKE OR OTHER NATURAL DISASTERS. ANY OTHER CAUSE NOT WITHIN
THE CONTROL OF SUCH PARTY OR WHICH IS BY EXERCISE OF REASONABLE DILIGENCE, THE
PARTY WILL BE UNABLE TO FORESEE OR PREVENT OR REMEDY.

ARBITRATION
ALL DISPUTES AND QUESTIONS WHATSOEVER WHICH ARISES BETWEEN THE PARTIES TO THIS
AGREEMENT AND TOUCHING ON THIS AGREEMENT ON THE CONSTRUCTION OR APPLICATION
THEREOF OR ANY ACCOUNT COST, LIABILITY TO BE MADE HEREUNDER OR AS TO ANY ACT OR
WAY RELATING TO THIS AGREEMENT SHALL BE SETTLED BY THE ARBITRATION IN
ACCORDANCE WITH THE ARBITRATION LAWS OF THE ICC.

THIS AGREEMENT CONTAINS THE ENTIRE AGREEMENT AND UNDERSTANDING CONCERNING

THE SUBJECT MATTER HEREOF AND SUPERSEDES AND REPLACES ALL PRIOR NEGOTIATIONS
AND PROPOSED AGREEMENTS, WRITTEN OR ORAL NEITHER OF THE PARTIES MAY ALTER,
AMEND, NOR MODIFY THIS AGREEMENT, EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY
BOTH PARTIES. THIS AGREEMENT WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH LAWS OF UK IN THE EVENT THAT EITHER PARTY SHALL BE REQUIRED TO BRING ANY
LEGAL ACTIONS AGAINST THE OTHER IT ENFORCE ANY OF THE TERMS OF THIS AGREEMENT
THE PREVAILING PARTY SHALL BE ENTITLED TO RECOVER REASONABLE ATTORNEY FEES AND
COSTS. ALL ELECTRONIC SIGNATURES (FAX / EMAIL), INCLUDING THOSE IN COUNTER-PART, IN
REGARD TO THIS CONTRACT SHALL BE ACCEPTED AS ORIGINAL SIGNATURES. THE PARTIES
AGREE THAT THIS AGREEMENT IS ENTERED INTO VOLUNTARILY, BY MUTUAL CONSENT AND
NOT UNDER STRESS.

IN WITNESS WHEREOF, THE PARTIES ACCEPT AND AGREE TO THE TERMS AND CONDITIONS OF
THIS AGREEMENT HAVING SET THEIR HANDS AND SEALS AND INITIAL ON EACH PAGE OF THIS
AGREEMENT AS OF THE DATE FIRST ABOVE WRITTEN.

BENEFICIARY OF BANK INSTRUMENTS :SPECIAL INSTRUCTIONS BENEFICIARY BG/SBLC WILL

BE ISSUED WITH STANDARD FORMAT ICC ISP' 600/758.

SELLER & SENDER

INITIALS: BUYER & RECEIVER’S
INITIALS:
 BANKING INFORMATION

SELLER & SENDER’S BANKING COORDINATES TO ISSUE MT799 PRE-ADVICE & MT760
(BG/SBLC):

Bank Name: Blackthorn Finance Ltd

Bank Address: Unit 8 Wool House, 74 Back Church Lane
Account Name: RavenFinance Gmbh
Account Number: GB08BLFN04135000016662
SWIFT Code: BLFNGB21
Account Signatory: Mr. Christoph Hermann Ravenstein
Bank Officer Name: TBA
Telephone Number: TBA
Fax Number: TBA
SELLER & SENDER’S BANKING COORDINATES FOR RECEIVING PAYMENT 35% (THIRTY SIX
PERCENT) OF FACE VALUE:

COMPANY NAME: RAVENFINANCE GMBH

COMPANY ALTE BAHNHOFSTRASSE 10, 36381, SCHLUECHTERN
ADDRESS:
REGISTRATION №: HRB 96318
REPRESENTED BY: MR. CHRISTOPH HERMANN RAVENSTEIN
PASSPORT №: C5N6TVC5X
PLACE OF ISSUE: GERMANY
DATE OF ISSUE: 18.12.2019
DATE OF EXPIRY: 17.12.2025
BANK NAME: Blackthorn Finance Ltd
BANK ADDRESS: Unit 8 Wool House, 74 Back Church Lane
SWIFT CODE/BIC: BLFNGB21
ACCOUNT NUMBER GB08BLFN04135000016662
/ IBAN:
ACCOUNT NAME: RAVENFINANCE GMBH
ACCOUNT MR. CHRISTOPH HERMANN RAVENSTEIN
SIGNATORY:

BUYER‘S BANKING COORDINATES TO PROVIDE PROOF OF FUND TO GUARANTEE PAYMENT

OF PURCHASE PRICE & INTERMEDIARY FEES

BANK NAME
BANK ADDRESS

SELLER & SENDER

INITIALS: BUYER & RECEIVER’S
INITIALS:
 ACCOUNT
NUMBER
ACCOUNT NAME
SWIFT CODE
BANK OFFICER
BANK TELEPHONE
BANKER’S E-MAIL

BUYER’S BANKING COORDINATES TO SEND RWA , TO ISSUE AND SEND SWIFT MT799 BPU
(BANK PAYMENT UNDERTAKING) & TO RECEIVE MT799 PREADVICE AND MT760 SBLC AND
PAYMENT OF 35% OF FACE VALUE

BANK NAME
BANK ADDRESS

ACCOUNT
NUMBER
ACCOUNT NAME
SWIFT CODE
BANK OFFICER
BANK TELEPHONE
BANKER’S E-MAIL

BUYER’S BANKING COORDINATES TO PAYMENT OF INTERMEDIARY FEES, 3% OF FACE

VALUE

BANK NAME
BANK ADDRESS

ACCOUNT
NUMBER
ACCOUNT NAME
SWIFT CODE
BANK OFFICER
BANK TELEPHONE
BANKER’S E-MAIL

IMPROPER RELEASE OF THE ABOVE BANKING INFORMATION, FOR ANY REASON, WITHOUT THE
WRITTEN PRIOR AUTHORIZATION OF OTHER PARTY, SHALL BE CONSIDERED AS A BREACH OF
CONTRACT AND WILL MAKE A DEFAULTED PARTY TO BE ACTIONABLE FOR DAMAGES
SUSTAINED HEREBY. EACH PARTY IS NOT ALLOWED TO CONTACT THE OTHER PARTY'S BANK
WITHOUT EXPRESSED WRITTEN PERMISSION. ANY PARTY ATTEMPTING TO DO SO WILL LEAD
TO CANCELLATION OF THIS TRANSACTION/AGREEMENT.

SELLER & SENDER

INITIALS: BUYER & RECEIVER’S
INITIALS:
ASSIGNMENT: NEITHER PARTY MAY ASSIGN OR DELEGATE ITS INTEREST OR DUTIES WITHOUT
PRIOR WRITTEN CONSENT OF THE OTHER PARTY.

SEVERABILITY: IN THE EVENT THAT ONE OF THE ARTICLES OR ADDENDUM OF THIS

AGREEMENT IS CONSIDERED VOID AND ENFORCEABLE, THE WHOLE AGREEMENT IS
CONSIDERED ENFORCEABLE AND CEASES TO EXIST. THE PARTIES SHALL IN GOOD FAITH
NEGOTIATE WITH ANY POSSIBLE CORRECTION TO THE ABOVE EVEN IN ORDER TO PREVENT THE
DISSOLUTION OF THE ENTIRE AGREEMENT.

AGREEMENT EXECUTION: EACH PARTY TO THIS AGREEMENT REPRESENT THAT IT HAS FULL
LEGAL AUTHORITY TO EXECUTE THIS AGREEMENT AND THAT EACH PARTY AGREES TO BE
BOUND BY TERMS AND CONDITIONS SET FORTH HEREIN EACH PARTY AGREES THAT THIS
AGREEMENT MAY BE EXECUTED SIMULTANEOUSLY BY AND BETWEEN PARTIES VIA EMAIL OR
FACSIMILE TRANSMISSION WHICH SHOULD BE DEEMED AS ORIGINAL. ALL STATEMENTS MADE
BY EITHER PARTY ARE UNDER PENALTY OF PERJURY.

FOR AND ON BEHALF OF SELLER & SENDER:

RAVENFINANCE GMBH

NAME : Mr. Christoph Hermann Ravenstein

TITLE : MANAGING DIRECTOR
PASSPORT NO.: C5N6TVC5X
ISSUE DATE: 18.12.2019
EXPIRY DATE: 17.12.2025
NATIONALITY: GERMANY

FOR AND ON BEHALF OF BUYER & RECEIVER’S:

....

NAME : ....
TITLE : PRESIDET DIRECTOR
PASSPORT NO.: ....
SELLER & SENDER
INITIALS: BUYER & RECEIVER’S
INITIALS:
ISSUE DATE: ....
EXPIRY DATE: ....
NATIONALITY: ....

SELLER & SENDER

INITIALS: BUYER & RECEIVER’S
INITIALS:
 APPROVED MECHANISM OF BPU TO BE ISSUED ONLY AFTER RECIEPTOF PREADVISE

(TEXT MAY BE CHANGED BUT ESSENTIAL UNDERTAKING MUST

REMAIN THESAME)
ISSUE DATE:
TO: BANK NAME

BANK ADDRESS

DEAR SIRS,

WE, (NAME OF BANK) HEREBY PRESENT OUR IRREVOCABLE, ASSIGNABLE,

TRANSFERABLE AND CALLABLE CASH BACKED BANK PAY ORDER IN YOUR
FAVOR FOR THE ACCOUNT OF YOUR CLIENT XXXXXXXXXXXX HOLDING
ACCOUNT NUMBER XXXXXXXXXXXX, IN THE AMOUNT OF EURO
XXXXXXXXXXXX MILLION (EUR …, 000,000.00) FOR THE SAID BANK
INSTRUMENT STATED BELOW.

WE HEREBY CONFIRM THAT THE FUNDS ARE GOOD, CLEAN AND CLEARED
FUNDS OF NON-CRIMINAL ORIGIN AND ARE FROM A LEGAL SOURCE.
THIS IRREVOCABLE CONDITIONAL BANK PAY ORDER IS A BINDING FULLY
PERFORMED DUEBILL AND IS IMMEDIATELY CALLABLE ON FOR CASH
PAYMENT AGAINST THE SWIFT MT760DELIVERY OF THE BANK INSTRUMENT
SPECIFIED HEREIN.

INSTRUMENT: XXXXXXX

CURRENCY: EUR

ISSUING BANK: XXXXXX

FACE VALUE: EUR XXX, 000,000.00
THIS IRREVOCABLE, CONDITIONAL, ASSIGNABLE, TRANSFERABLE AND
CALLABLE BANK PAY ORDER IS VALID FOR XXXXX (XXXX) INTERNATIONAL
BANKING DAYS FROM DAYOF , 202_ AND
UNTIL DAY OF , 202_, 17:00
CENTRALEUROPEAN TIME (CET) / PACIFIC STANDARD TIME (PST).

THIS IS AN OPERATIVE BANK INSTRUMENT AND IS SUBJECT TO THE

UNIFORMCOMMERCIAL CODE AS IT RELATES TO BANK CREDIT INSTRUMENTS.
FOR AND ON BEHALF OF (NAME OF ISSUER BANK)

(AUTHORIZED SIGNATURES, WITH NAME/TITLE / PIN)

SELLER & SENDER

INITIALS: BUYER & RECEIVER’S
INITIALS:
 DRAFT MT-199 / MT-799

APPROVED VERBIAGE OF MT-199/ MT-7199 PREADVISE

(TEXT MAY BE CHANGED BUT ESSENTIAL UNDERTAKING MUST

REMAIN THE SAME) ISSUE DATE:

TO: BANK NAME

BANK ADDRESS

DEAR SIRS,

WE, [ISSUING BANK] OF [ISSUING BANK ADDRESS] WITH FULL BANKING

RESPONSIBILITYAND LIABILITY HEREBY CONFIRM THAT WE HOLD ON THE
ABOVE-MENTIONED ACCOUNT ON BEHALF OF OUR CLIENT CASH RESERVES OF
EURO .......................................................................................... HUNDRED MILLION (EURO
X00,000,000.00). OUR CLIENT HAS CONVEYED HIS INSTRUCTION TO US TO BLOCK
THESECASH FUNDS AND ISSUE OUR STANDBY LETTER OF CREDIT FOR THE SUM OF
EURO …………
HUNDRED MILLION (€ X00,000,000.00) TO YOUR ACCOUNT HOLDER,
XXXXXXXXXXX, ACCOUNT NUMBERXXXXXXXXX HELD AT YOUR BANK FOR
THE PURPOSE OF FINANCING AND OUR CLIENTXXXXXXX.

THE SAID FUNDS ARE CLEAR CLEAN AND OF NON-CRIMINAL ORIGIN AND FROM
LEGAL SOURCE, FREE OF ANY LIENS, PLEDGES OR ENCUMBRANCES OF ANY
KIND.

THE STANDBY LETTER OF CREDIT WE ARE TO ISSUE SHALL BE CASH –BACKED

AND IS ASSIGNABLE, TRANSFERABLE, UNCONDITIONAL, CONFIRMABLE AND
PAYABLE WITH FULLBANK RESPONSIBILITY AND LIABILITY WHEN PRESENTED
AT OUR BANK ADDRESS ABOVE.THIS IS AN OPERATIVE AND CALLABLE
INSTRUMENT AS PER DRAFT BELOW AND IS SUBJECT TO THE UNIFORM
COMMERCIAL CODE VALID FOR A MINIMUM OF ONE YEAR ANDONE DAY AND
MAY BE FURTHER VERIFIED ON A BANK-TO-BANK BASIS.

PLEASE CONFIRM YOU ARE READY TO RECEIVE AND FUND THIS BANK
INSTRUMENT WITHGOOD, CLEAN AND CLEARED AND NON-CRIMINAL ORIGIN
FUNDS THIS IS FULLY OPERATIVE INSTRUMENT.

FOR AND ON BEHALF OF [BANK NAME] OF [BANK ADDRESS]

SELLER & SENDER
INITIALS: BUYER & RECEIVER’S
INITIALS:
 WE CONFIRM IS EMISSION AND CERTIFY THE TRANSPARENCY OF THIS

OPERATION.FOR AND ON BEHALF OF (NAME OF ISSUER BANK)

(AUTHORIZED SIGNATURES, WITH NAME/TITLE / PIN)

SELLER & SENDER

INITIALS: BUYER & RECEIVER’S
INITIALS:
 DRAFT MT760

APPROVED VERBIAGE OF MT 760 STANDBY LETTER OF CREDIT

ISSUE DATE:
TO: BANK NAME

BANK ADDRESS

DEAR SIRS,

OUR STANDBY LETTER OF CREDIT NO. FOR USD

. (AMOUNT IN WORDS & FIGURES).

WE, (ISSUING BANK NAME)., (COMPLETE

ADDRESS TO BE INSERTED HERE) (THE “ISSUING BANK”) HEREBY ISSUE THIS
IRREVOCABLE STANDBY LETTER OF CREDIT (THE “SBLC”) TO SUPPORT
BORROWINGS OF -----, AS
PER
AGREEMENT NUMBER BETWEEEN AND OUR CLIENT XXXXXXXX. WE

UNDERTAKE TO PAY YOU ON YOUR FIRST WRITTEN DEMAND THESUM NOT

EXCEEDING
(AMOUNT
(TO BE INSERTED AMOUNT
IN WORDS & FIGURES) IN RESPECT OF
(UNDERLYING PURPOSE TO BE INSERTED HERE).

THIS STANDBY LETTER OF CREDIT SHALL COME INTO FORCE ON THE

ABOVEMENTIONEDDATE AND SHALL REMAIN VALID UPTO (TO PUT EXPIRY
DATE HERE) AND SHALL EXPIRE ON THIS ("EXPIRY DATE").

ANY DEMAND BY YOU UNDER THIS STANDBY LETTER OF CREDIT SHALL BE

MADE IN WRITING DULY SIGNED BY YOUR AUTHORIZED SIGNATORY. A
DEMAND MAY ALSO BE MADE BY WAY OF AN AUTHENTICATED SWIFT
MESSAGE FROM YOUR SIDE TO US AT OURSWIFT ADDRESS (ISSUING BANK
SWIFT ADDRESS TO BEINSERTED HERE).
SELLER & SENDER
INITIALS: BUYER & RECEIVER’S
INITIALS:
 IT IS UNDERSTOOD AND ACKNOWLEDGED THAT ANY DEMAND UNDER THIS
STANDBY LETTER OF CREDIT SHALL BE RECEIVED TO US ON OR BEFORE THE
EXPIRY OF THIS STANDBY LETTER OF CREDIT.

IN THE EVENT OF ANY PARTIAL DEMAND FROM YOU UNDER THIS STANDBY
LETTER OF CREDIT, OUR LIABILITY SPECIFIED ABOVE SHALL REDUCE
PROPORTIONATE TO THE AMOUNT PAID BY US IN RESPECT OF SUCH PARTIAL
DEMAND.

THIS STANDBY LETTER OF CREDIT SHALL BE RETURNED TO US FOR

CANCELLATION UPONITS EXPIRY OR UPON FULFILLMENT OF THE ISSUER’S
UNDERLYING OBLIGATIONS. NOTWITHSTANDING THE FOREGOING, THIS
STANDBY LETTER OF CREDIT SHALL BE CONSIDERED NULL AND VOID
FOLLOWING THE EXPIRY DATE OR UPON FULFILLMENT OF THE ISSUER’S
UNDERLYING OBLIGATIONS RELATING TO THIS STANDBY LETTER OF CREDIT
WHICHEVER IS THE EARLIER, WHETHER THE ORIGINAL GUARANTEE IS
RETURNEDTO US OR NOT.

THIS STANDBY LETTER OF CREDIT SHALL BE GOVERNED BY AND CONSTRUED

IN ACCORDANCE WITH ENGLISH LAW. THE COURTS OF ENGLAND HAVE
EXCLUSIVE JURISDICTION TO SETTLE ANY DISPUTE ARISING FROM OR IN
CONNECTION WITH THIS STANDBY LETTER OF CREDIT.

SELLER & SENDER

INITIALS: BUYER & RECEIVER’S
INITIALS:
TRANSACTION CODE : ....

THIS STANDBY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM

CUSTOMS AND PRACTICES FOR DOCUMENTARY CREDIT (2007
REVISION), INTERNATIONAL CHAMBER OFCOMMERCE
PUBLICATION NO. 600 AND ENGAGES US IN ACCORDANCE WITH
THE TERMS THEREOF.

FOR AND ON BEHALF OF (NAME OF ISSUER BANK)

(AUTHORIZED SIGNATURES, WITH NAME/TITLE /

PIN)

SELLER & SENDER

INITIALS: PAYMASTER INITIALS: BUYER & RECEIVER’S
INITIALS:
 TRANSACTION CODE : ....

CLIEN’T INFORMATION SHEET

IN ACCORDANCE WITH ARTICLES TWO (2) THROUGH FIVE (5) OF THE DUE
DILIGENCE CONVENTION AND THE FEDERAL BAKING COMMISSION CIRCULAR OF
DECEMBER 1998, CONCERNING THE PRVENTION OF MONEYLAUNDERING, AND
ARTICLE 350 OF THE SWISS CRIMINAL CODE, THE FOLLOWING INFORMATION
MAY BE SUPPLIED TO BANK AND / OR OTHER FINANCIAL INSTITUTIONS FOR THE
PURPOSE OF VERIFICATION OF IDENTITY AND ACTIVITIES OF THE INVESTING
MEMBER, AND THE NATURE AND ORIGIN OF THE FUNDS THAT ARE TO BE
UTILIZED. ALL PARTIES HEVE AN OBLIGATION TO RESPECT PROFESSIONAL
SECRECY AND TO TAKE ALL APPROPRIATE PRECAUTIONS TO PROTECT THE
CONFIDENTIALITY OF THE INFORMATION EACH HOLDS IN RESPECT OF THE
OTHER’S ACTIVITIES. THIS LEGAL OBLIGATION SHALL REMAIN IN FULL FORCE
AND EFFECT AT ALL TIMES.

CLIENT NAME
....
(SIGNATORY):
PASSPORT NUMBER / ..../ ….
COUNTRY
PASSPORT ISSUE DATE / ..../ ....
EXPIRY DATE
DATE OF BIRTH: ....
BUSINESS NAME: ....
BUSINESS ADDRESS: ....
REGISTERED OFFICER: ....
BANK NAME: ....
BANK ADDRESS: ....
ACCOUNT NAME: ....
ACCOUNT NO: ....
SWIFT CODE: ....
ORIGIN OF FUNDS: BUSINESS
EARNINGS FROM: BUSINESS
ARE FUNDS FREE AND
CLEAN AND CLEAR
CLEAR?

DECLARATION: I, ...., HEREBY SWEAR UNDER PENALTY OF PERJURY, THAT THE

INFORMATION PROVIDED IS BOTH TRUE AND ACCURATE. I AM THE SIGNATORY
ON THE AFOREMENTIONED BANK ACCOUNT. ALL MONIES ENGAGED IN THIS
TRANSACTION ARE DERIVED FROM NON-CRIMINAL ORIGIN; AND, ARE GOOD,
CLEAN AND CLEARED. THE ORIGIN OF FUNDS ARE IN COMPLIANCE WITH ANTI-
MONEY-LAUNDERING POLICIES AS SET FORTH BY THE FINANCIAL ACTION TASK
FORCE (FATF) 6/01

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AGREED AND SIGN AT JANUARY 12TH 2024

FOR AND ON BEHALF OF BUYER & RECEIVER’S:

....

NAME : ....
TITLE : PRESIDET DIRECTOR
PASSPORT NO.: ....
ISSUE DATE: ....
EXPIRY DATE: ....
NATIONALITY: ....

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RESOLUTION OF THE BOARD OF DIRECTORS

ALL OF THE DIRECTORS OF .... BELOW LISTED WERE IN ATTENDANCE, IN PERSON

OR BY TELEPHONE CONFERENCE. GENERAL DISCUSSION WAS THEN HELD
CONCERNING THE ISSUE, AND ALL ASPECTS OF THE SAME, WERE FULLY
EXPLAINED IN DETAIL TO THE SATISFACTION OF THE BOARD MEMBERS.

.... / ....
PASSPORT NO. ....

THE BOARD OF DIRECTORS OF (....), AN INTERNATIONAL BUSINESS COMPANY

INCORPORATED IN (....), WITH REGISTERED OFFICES IN (....), IN A MEETING HELD
ON THIS DAY OF JANUARY 12TH 2024, ADOPTED THE FOLLOWING RESOLUTIONS.

RESOLUTION 1:
IT IS RESOLVED THAT THE BOARD OF DIRECTORS OF (....) HEREBY APPOINTS AND
AUTHORIZES ITS (....) , (PRESIDENT DIRECTOR) WITH PASSPORT NUMBER (....)
ISSUED ON (JANUARY 12TH 2024) AS OUR MANAGING MEMBER TO ACT WITH
FULL AUTHORITY ON OUR BEHALF, STAY AND NAME, TO INSTRUCT, NEGOTIATE,
ARRANGE, MONITOR, EXECUTE, MANAGE AND SIGN ANY AND ALL AGREEMENTS
AND/OR NECESSARY CONTRACTS WITH THIRD PARTIES PERTINENT TO ALL
FINANCIAL TRANSACTIONS WITH BANK INSTRUMENTS
(SECURITIES/DERIVATIVES)

RESOLUTION 2:
IT IS RESOLVED THAT AT THIS MEETING OF THE BOARD OF DIRECTORS THAT
OURPRESIDET DIRECTOR ACT AS REPRESENTATIVE WITH REGARD TO THE
AFORESAID FINANCIAL INVESTMENT.

RESOLUTION 3:
IT IS RESOLVED THATPRESIDET DIRECTOR IS HEREBY AUTHORIZED TO ACT AS
OUR FINANCIAL DIRECTOR FOR THE AFORESAID PURPOSE.

RESOLUTION 4:
IT IS RESOLVED THE BOARD OF DIRECTORS OF .... _.HEREBY AUTHORIZED .... TO
ASSUME ALL AUTHORITY, POWERS, DUTIES, SIGNATORY RIGHTS AND
RESPONSIBILITIES ON OUR BEHALF.

RESOLUTION 5:
IT IS RESOLVED THE BOARD OF DIRECTORS OF ...., We AS PAYMASTER/ PAYER TO
TRANCATION SBLC PROVIDE BY RAVENFINANCE GMBH.
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THEY PAYMENT WILL BE DONE AS FOLLOW:

- 35% OF FACE VALUE PAY IT TO RAVENFINANCE GMBH
- 3% OF FACE VALUE PAY IT TO INTERMEDIARY DIVIDED INTO 1% FOR
SELLER TEAM, 1% FOR ARRANGER TEAM AND 1% FOR BUYER TEAM AS
COMMISION

I, ...., HEREBY SWEAR UNDER PENALTY OF PERJURY, THAT THE INFORMATION

PROVIDED HEREIN IS ACCURATE AND TRUE AS OF THIS DATE:

CONFIRMED AND SIGNED AT JANUARY 12TH 2024

FOR AND ON BEHALF OF BUYER & RECEIVER’S:

....

NAME : ....
TITLE : PRESIDET DIRECTOR
PASSPORT NO.: ....
ISSUE DATE: ....
EXPIRY DATE: ....
NATIONALITY: ....

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IRREVOCABLE CORPORATE PROTECTION AGREEMENT

TO: ALL BUYER TEAM, SELLER TEAM AND ARRANGER

DATE: JANUARY 04TH 2024

DESCRIPTION OF THE BANK INSTRUMENT

1 INSTRUMENT STANDBY LETTER OF CREDIT (SBLC)CASH BACKED
2 TERM OPERATIVE, IRREVOCABLE, ASSIGNABLE, UNCONDITIONAL,
TRANSFERABLE AND CONFIRMED
3 ISSUING BANK BLACKTHORN FINANCE LTD
4 AGE /CURRENCY ONE (1) YEAR AND ONE (1) DAY-FRESH CUT/EURO
5 PRICE 35% (35 PERCENT EXCLUDE INTERMEDIARY FEES)
6 INTERMEDIARY 3.0% (THREE PERCENT) ON FACE VALUE
FEES
7 CONTRACT GBP£ 100,000,000.00 (ONE HUNDRED MILLION GREAT BRITAIN
AMOUNT POUNDSTERLING)
8 DELIVERY RECEIVING BANK TO ISSUE BANK PAYMENT UNDERTAKING
(“BPU”) (EXHIBIT C) VIA MT-799; ISSUING BANK TO ISSUE MT-760
SELLER & SENDER TO SEND SWIFT COPIES OF THE MT-799 AND
MT-760 TO THE BUYER & RECEIVER’S AS SOON AS THEY ARE
SENT, PAYMENT FOR THE BG/SBLC TO BE REMITTED WITHIN
TEN (10) BANKING DAYS UPON VERIFICATION AND
CONSOLIDATION OF THE MT-760. HARD COPY TO FOLLOW BY
BANK BONDED COURIER WITHIN TEN (10) BANKING DAYS
AFTER AUTHENTICATION OF PAYMENT
9 PAYMENT SWIFT MT-103
10 HARD COPY BONDED COURIER WITHIN TEN BANKING DAYS.

WE, .... (AS ”BUYER & RECEIVER’S”), REPRESENTED BY PRESIDENT &

AUTHORIZED SIGNATORY .... HOLDER OF PASSPORT NO: .... WITH OFFICE
ADDRESS AT ...., and we here in after as PAYER,

.... DO HEREBY IRREVOCABLY GUARANTEE WITH FULL PERSONAL AND

CORPORATE RESPONSIBILITY AND AUTHORITY, UNDER PENALTY OF
APPLICABLE PERJURY LAWS, AGREED TO ACT AS BENEFICIARY / BUYER AND
FELCOL ACT AS PAYER TO PAY THIS IRREVOCABLE MASTER FEE PROTECTION
AGREEMENT WITH AN IRREVOCABLE CORPORATE PAYMENT ORDER WHICH IS

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AN INTEGRAL PART OF ABOVE CODED AGREEMENT IN THE TOTAL AMOUNT OF

THREE PERCENT (3.0%) ON TOTAL FACE VALUE OF THE BANK INSTRUMENT
AMOUNT GBP£ 100,000,000.00 (ONE HUNDRED MILLION GREAT BRITAIN
POUNDSTERLING). TOTAL THREE PERCENT (3.0%) COMMISSION FEES, ONE
PERCENT (1.0%) FOR THE PARTY SELLER TEAM, ONE PERCENT (1.0%) FOR BUYER
TEAM, ONE PERCENT (1.0%) FOR ARRANGER, WHICH SHALL BE PAID INTO THE
BELOW BANK ACCOUNT/S OF ALL PARTIES’ BENEFICIARY (BUYER/ SELLER/
ARRANGER) FOR DISTRIBUTION AND WHICH SHALL INCLUDE ALL ROLLS AND
EXTENSIONS.

SELLER TEAM BANK COORDINATES FOR 1.0% OF STANDBY LETTER OF

CREDIT (SBLC) FACE VALUE OF AMOUNT GBP£ 100,000,000.00 (ONE HUNDRED
MILLION GREAT BRITAIN POUNDSTERLING):

BUSINESS NAME
CONTACT NAME /
DESIGNATION
BANK NAME
BANK ADDRESS
ACCOUNT NO. / IBAN
ACCOUNT NAME
SWIFT CODE
NOMINAL OF GBP£ 1,000,000.00 (ONE MILLION GREAT BRITAIN
TRANSFER POUNDSTERLING)
SPECIAL WIRE ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE
INSTRUCTION CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN AND ARE
PAYABLE IN CASH IMMEDIATELY AND EFFECTIVELY UPON
RECEIPT BY PAYMASTER BANK.”

ARRANGER BANK COORDINATES FOR 1.0% OF STANDBY LETTER OF CREDIT

(SBLC) FACE VALUE OF AMOUNT GBP£ 100,000,000.00 (ONE HUNDRED MILLION
GREAT BRITAIN POUNDSTERLING):

BUSINESS NAME GALUH NIKEN PUSPORINI SINTODARUBEKTI

CONTACT NAME / GALUH NIKEN PUSPORINI SINTODARUBEKTI
DESIGNATION
BANK NAME PT. BANK CIMB NIAGA TBK
BANK ADDRESS JL. MELATI NO.29, DANGIN PURI KANGIN, KEC. DENPASAR
UTARA, KOTA DENPASAR,
BALI 80234
ACCOUNT NO. / IBAN 707312736000
ACCOUNT NAME GALUH NIKEN PUSPORINI SINTODARUBEKTI
SWIFT CODE BNIAIDJA
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NOMINAL OF GBP£ 1,000,000.00 (ONE MILLION GREAT BRITAIN

TRANSFER POUNDSTERLING)
SPECIAL WIRE ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE
INSTRUCTION CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN AND ARE
PAYABLE IN CASH IMMEDIATELY AND EFFECTIVELY UPON
RECEIPT BY PAYMASTER BANK.”

BUYER TEAM BANK COORDINATES FOR 1.0% OF STANDBY LETTER OF CREDIT

(SBLC) FACE VALUE OF AMOUNT GBP£ 100,000,000.00 (ONE HUNDRED MILLION
GREAT BRITAIN POUNDSTERLING):

BUSINESS NAME PT. BHUMI CAHAYA MULIA

CONTACT NAME / PT. BHUMI CAHAYA MULIA
DESIGNATION
BANK NAME PT. BANK OCBC NISP TBK
BANK ADDRESS JL. CIK DI TIRO NO.7, TERBAN, KEC. GONDOKUSUMAN, KOTA
YOGYAKARTA, DAERAH ISTIMEWA YOGYAKARTA 55223
ACCOUNT NO. / IBAN 230 – 800 – 00944 – 4
ACCOUNT NAME PT. BHUMI CAHAYA MULIA
SWIFT CODE NISPIDJAXXX
BANK PHONE / FAX 62274 – 551919
NOMINAL OF GBP£ 1,000,000.00 (ONE MILLION GREAT BRITAIN
TRANSFER POUNDSTERLING)
SPECIAL WIRE ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE
INSTRUCTION CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN AND ARE
PAYABLE IN CASH IMMEDIATELY AND EFFECTIVELY UPON
RECEIPT BY PAYMASTER BANK.”

THIS AGREEMENT/IRREVOCABLE CORPORATE PAYMENT ORDER AND THE

PAYMENT OF COMMISSIONS HEREIN ARE SUBJECT TO THE INTERNATIONAL
CHAMBER OF COMMERCE “ICC” AND THE ICC ARBITRATION ACT AS ADOPTED BY
THE ICC OFFICE IN HONG KONG, BY THREE ARBITRARY APPOINTEES IN
ACCORDANCE WITH ICC RULES. ALL NC/ND CLAUSES AS PRESCRIBED BY ICC
RULES (LATEST EDITION) SHALL APPLY TO THIS AGREEMENT AND PAYMENT
ORDER. THIS AGREEMENT AND IRREVOCABLE CORPORATE PAYMENT ORDER IS
IRREVOCABLE, DIVISIBLE, AND UNCONDITIONAL, AND MAY BE ASSIGNED ONLY
BY THE BENEFICIARIES NAMED HEREIN. THIS AGREEMENT AND IRREVOCABLE
CORPORATE PAYMENT ORDER MAY BE EXECUTED IN ONE OR MORE
COUNTERPARTS, EACH ONE SHALL BE DEEMED AN ORIGINAL AND ALL TOGETHER
SHALL CONSTITUTE ONE AND THE SAME DOCUMENT.

A SIGNED FAX OR ELECTRONICALLY TRANSMITTED COPY OF THIS DOCUMENT

SHALL BE DEEMED BINDING ON THE “PARTIES” WITH THE FORCE AS THE SIGNED

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ORIGINAL. THE AGREEMENT AND IRREVOCABLE CORPORATE PAYMENT ORDER IS

VALID WHEN COMMENCEMENT OF THE ABOVE-REFERENCED TRANSACTION
TAKES PLACE AND SHALL REMAIN VALID AND ENFORCEABLE FOR THE FULL
TERMS OF THE TRANSACTION, INCLUDING ANY NEW AGREEMENT BETWEEN THE
PARTIES AND/OR THEIR ASSIGNS.

BENEFICIARIES RESERVE RIGHT TO CHANGE BANK COORDINATES STATED

HEREIN AT ANY TIME BY PROVIDING WRITTEN REQUEST TO THE PARTY B/PAYER.
UPON EXECUTION OF THE AGREEMENT AND THE FINAL AGREEMENT AND PRIOR
TO, OR SIMULTANEOUSLY WITH THE FIRST TRANSACTION, WE GUARANTEE THAT
THIS IRREVOCABLE MASTER FEE PROTECTION AGREEMENT & IRREVOCABLE
CORPORATE PAYMENT ORDER WILL BE LODGED WITH THE PARTY B/PAYER’S
BANK. THE PARTY B/PAYER’S BANK SHALL PROVIDE THE BENEFICIARIES, BY E-
MAILS WITH COPIES OF THE SWIFT RELATED TO ALL PAYMENT INSTRUCTIONS
UPON THE CLOSING OF EACH AND EVERY TRANSACTION OF THE ABOVE
TRANSACTION.

PARTY BUYER’S PAYING BANK DETAILS:

BANK NAME
BANK ADDRESS

ACCOUNT
NUMBER
ACCOUNT NAME
SWIFT CODE
BANK OFFICER
BANK TELEPHONE
BANKER’S E-MAIL

IN THE EVENT THAT THE TRANSACTION WAS NOT PERFORMED OR ONLY

PERFORMED IN PART, THE PAYMASTERS / BENEFICIARIES LISTED ABOVE SHALL
NOT HOLD THE UNDERSIGNED PAYER RESPONSIBLE FOR ANY EXPENSES,
CHARGES AND/OR COST, OR HOLD THE PAYER LIABLE FOR ANY CIVIL AND
CRIMINAL ACTIONS. THE UNPERFORMED PART OF THIS IRREVOCABLE MASTER
FEE PROTECTION AGREEMENT WILL THEREFORE AUTOMATICALLY BECOME
NULL AND VOID. IT IS UNDERSTOOD THAT ALL PARTIES HEREIN INVOLVED ARE
CONSIDERED TO BE BOUND BY INTERNATIONAL STANDARD OF NON-
CIRCUMVENTION/NON-DISCLOSURE AS GOVERNED BY THE INTERNATIONAL
CHAMBER OF COMMERCE, AND IF SUBJECT TO LITIGATION, TO THE LAWS OF THE
INVOLVED COUNTRIES. PARTIES TO THIS AGREEMENT ARE INDEPENDENT
CONTRACTORS AND ALL CONTEMPLATED PAYMENTS AND/OR DISTRIBUTIONS
HEREUNDER ARE DIVIDED INTERESTS. ALL TAXES, FEDERAL, STATE OR OTHER,
ARE THE INDEPENDENT RESPONSIBILITY OF EACH OF THE PARTIES HERETO.
REPORTING OF INCOME AND THE PAYMENT OF ANY RELATED TAXES IS THE SOLE
RESPONSIBILITY OF THE PARTIES INDIVIDUALLY. THIS AGREEMENT WILL
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BECOME AN INTEGRAL PART AND INCLUDED WITHIN THE PURCHASE AGREEMENT

IDENTIFIED WITH TRANSACTION FOR GBP£ 100,000,000.00 (ONE HUNDRED MILLION
GREAT BRITAIN PUNDSTERLING), AS SOON AS THE CONTRACT BECOMES VALID
AND SIGNED. IF NO TRANSACTION IS COMPLETED UNDER THE AFORESAID
TRANSACTION, SELLER, AND BUYER CODES COLLECTIVELY, THEN NO
OBLIGATION TO THE BENEFICIARIES/CONSULTANTS AND ANY OTHER PARTIES
UNDER THIS AGREEMENT IS ESTABLISHED. THE RECEIPT OF THIS DOCUMENT
CONSTITUTES ACKNOWLEDGEMENT ON THE PART OF RECIPIENTS HEREOF THAT
THE TRANSACTIONS HEREIN ARE NOT TO BE IN VIOLATION OF EXISTING
REGULATIONS AND LAWS AND ALL PARTIES HEREIN ARE BOUND TO OBEY AND BE
IN COMPLIANCE WITH ALL REGULATIONS AND LAWS AS RELATED TO THE
TRANSACTIONS HEREIN. THE SIGNATORY HEREOF AVERS AND CONFIRMS THAT
HE HAS THE POWER AND AUTHORITY TO EXECUTE THIS IRREVOCABLE FEE
AGREEMENT AND PAY ORDER. WE AGREE TO THE ABOVE IRREVOCABLE FEE
PROTECTION AGREEMENT IN ITS ENTIRETY.

Signed For and on Behalf of BUYER & RECEIVER’S:

....

NAME : ....
TITLE : PRESIDENT DIRECTOR
PASSPORT NO.: ....
ISSUE DATE: ....
EXPIRY DATE: ....
NATIONALITY: ....

Signed For and on behalf of SELLER & SENDER/ APPLICANT/ SELLER/ SENDER:

RAVENFINANCE GMBH

NAME : Mr. Christoph Hermann Ravenstein

TITLE : MANAGING DIRECTOR
PASSPORT NO.: C5N6TVC5X
ISSUE DATE: 18.12.2019
EXPIRY DATE: 17.12.2025
NATIONALITY: GERMANY

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SELLER & SENDER’S PASSPORT COLOUR COPY

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SELLER & SENDER

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BUYER’S PASSPORT COLOUR COPY

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BUYER’S INCORPORATION CERTIFICATE COPY

SELLER & SENDER

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