RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

DEED OF AGREEMENT/RWA

Date: Sunday, May 5, 2024

To: THE COLLATERAL PROVIDER

I,MR.XXXXXXXXXX, holder of Passport Number: XXXXXXXXX, issued by XXXXXXXXXX hereby

confirm with full legal and corporate responsibility, and under penalty of perjury, that we are
ready willing and able to ISSUE Instrument with good, clean, clear and unencumbered funds of
non-criminal origin through our banking source,Bank Guarantees, under the terms and conditions
stated herein. Normal ethical standards shall apply.

RECEIVER’S FULL INFORMATION:

THE RECEIVER
COMPANY NAME SAVJANE WORLD TRADE VENTURES
COMPANY ADDRESS AAKPAN AKPA UDO STREET, UYO, AKWA IBOM STATE, NIGERIA
CO. REG. NO. 0135561020969
REPRESENTED BY MR. SAVIOUR INYANG
POSITION CHAIRMAN/CEO
NATIONALITY NIGERIAN
PASSPORT NO. B50163304
REQUESTOR MR. SAVIOUR INYANG
REQ COMPANY SAVJANE WORLD TRADE VENTURES
Hereinafter refered to as the 'Beneficiary' or 'Paymaster', on one part, and

AND

PROVIDER’S FULL INFORMATION:

THE PROVIDER
COMPANY NAME
REGISTERED ADD
REGISTRATION No
REPRESENTED BY
DESIGNATION
PASSPORT No
COUNTRY OF ISSUE

RECEIVER’S SIGNATURE 1/32 PROVIDER’S SIGNATURE

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ISSUE/ EXPIRY 15/SEP/2012 / 15/SEP/2022

Hereinafter refered to as the ‘Provider', on the other part, orif the Provider and the Beneficiary
collectively, then hereinafter referred to as the ‘Parties’.

WHEREAS, the Beneficiary desires to receive a collateral facility from the Provider, in form of
STANDBY LETTER OF CREDIT (SBLC) for the purpose to secure project investment and proper
daily management of project implementation, and further confirms with full corporate and legal
responsibility that sufficient funds are available to cover the costs of the said purchases.

WHEREAS, the Provider 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 and arrange through associates, contracts and sources, with full corporate
responsibility, such financial instrument(s) as required and as per terms mutually agreed herein.

The Provider hereby declares, under full penalty of perjury, that each SBLC will be backed by
good, clean, cleared, and of non-criminal origin cash funds, free and clear of all liens,
encumbrances and any third-party interests.

NOW THEREFORE, the Beneficiary has agreed to receive the instrument(s) at certain cost and
the Provider has agreed to issue/deliver said instruments based on the following terms and
conditions:

BANK INSTRUMENT PARTICULARS:

Instruments: SBLC, ICC 758/600 FORMAT, CASH BACKED, ICC600.

Age: Fresh Cut
Interest Rate: Zero Coupon
Term: One (1) year and One (1) day
Currency: US $
Bank Menu: HSBC LONDON BANK BARCLAYS AND DEUTSCHE AG.
Total Amount: $XXXX,000,000.00 (XXXX HUNDRED MILLION EURO)
InvoicePrice: PURCHASE(38%) Lease / (8%) Purchase
Intermediary Fees: Three Percent (3%) of Face Value
First Tranche: $100,,000,000.00 ( ONE HUNDRED MILLION EURO) R & E
MINIMUM
Subsequent As per agreed tranche schedule
tranches:

RECEIVER’S SIGNATURE 2/32 PROVIDER’S SIGNATURE

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Procedure with MT-760 to Receiver’s bank with Hard Copy to follow by bank
Delivery Hard Copy bonded courier within five (5) banking days after authentication of
payment.
Payment: By unconditional SWIFT Wire Transfer – MT103
Payment: Within 10 days after receipt and authentication of SWIFT MT-760,
Receiver’s Bank will release payment to Provider’s Bank via SWIFT MT-
103 in accordance with terms and conditions in the DOA contract

TRANSACTION PROCEDURES

1) THE LESSEE SUBMIT TO THE PROVIDERLOI/DOA WITH ALL DOCUMENTS FOR DUE DILIGENCE
AND COMPLIANCE (CIS), CERTIFICATE OF INCORPORATION, BOARD OF RESOLUTION, BANK
RECENTLY ISSUED RWA LETTER , BCL OR POF,ETC. WITHIN 48 HOURS PROVIDER GROUP
CONFIRMS THE DUE DILIGENCE RESULTS AND RETURN COUNTERSIGNED DOA TO BUYER/
RECEIVER.BUYER WILL BE REQUIRED TO PAY THE SWIFT TRANSMISSION FEE TO THE PROVIDER
TO ENABLE PROVIDER PROCEED WITH THE MT799 PRE ADVICE IF BUYER IS UNABLE TO
PROVIDE ANY OF THE BANK LETTER MENTIONED.

2) WITHIN THREE BANKING DAYS , THE ISSUING BANK OF THE PROVIDER WILL ISSUE A MT799
PRE ADVICE CONFIRMING THAT THEY ARE READY WILLING AND ABLE TO ISSUE AS PER THE
FORMAT SET OUT IN. PROVIDER SENDS COPY OF THE MT799 PRE ADVICE SWIFT TO THE
RECEIVER WITHIN 24 HOURS TIME.

4) WITHIN (5) THREE BANKING DAYS OF THE RECEIPT OF THE MT799 PRE ADVICE SWIFT, THE
RECEIVING BANK WILL SEND BY SWIFT MT799 THE BPU CONFIRMING RECEIPT AND ABILITY TO PAY
THE TOTAL AMOUNT OF (38%+3%) PURCHASE/ (8%+3%) LEASE OF THE TOTAL FACE VALUE OF
THE INSTRUMENT WHICH WILL INCLUDE ALL CONSULTANCY FEES.

5) WITHIN (3) THREE BANKING DAYS OF PROVIDER BANK HAVING RECEIVED BPU/MT799 , ISSUING
BANK SHALL ISSUE SWIFT MT760 & PROVIDER WILL SIMULTANEOUSLY ISSUE ITS CORPORATE
INVOICE FOR THE SAME.

RECEIVER’S SIGNATURE 3/32 PROVIDER’S SIGNATURE

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TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

6) THE RECEIVING BANK SHALL CONFIRM AND VERIFY THE SWIFT MT760 VIA BANK TO BANK. WITHIN
TEN BANKING DAYS RECEIVER WILL REMIT PAYMENTS TO THE PROVIDER’S DESIGNATED ACCOUNTS
AND THE ASSIGNMENT CONSULTANCY FEES TO THE INTERMEDAIRIES DESIGNATED ACCOUNTS.

7) SHOULD THE BENEFICIARY RECEIVER DEFAULTS IN IN PAYING THE LTV IN THE DOA / IMFPA WITH
THE STIPULATED TIME, PROVIDER SHALL INSTRUCT THE ISSUING BANK TO PUT A CLAIM ON THE
SBLC THEREBY FORCING THE RECEIVING BANK TO RETURN THE SWIFT MT760 TO THE ISSUING
BANK.
8) WITHIN TEN DAYS AFTER RECEIPT OF ALL PAYMENTS INCLUDING THE CONSULTANCY FEES , THE
HARD COPY OF THE SBLC SHALL BE SENT TO THE RECEIVING BANK VIA BANK BONDED COURIER
SERVICE.
9) THIS DOA IS FULL RECOURSE COMMERCIAL COMMITMENT GOVERNED BY THE LAW OF THE
UNITED KINGDOM AND STANDARDS UNDER ICC REGULATION.

NOTE:Should RECEIVER default to make his due payments as per the Deed of Agreement,
PROVIDER will instruct the Issuing Bank to submit a claim on the SBLC thereby forcing
PROVIDER's Bank to return the SBLC by SWIFT MT760 to the Issuing Bank.

SANCTIONS FOR NON PERFORMANCE

After this contract is signed by both LESSOR and LESSEE, 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 onetime penalty fee of 1% of the first tranche of the contract to the suffering Party.

NON-SOLICITATION
THE LESSEE HEREBY CONFIRMS AND DECLARES THAT THE LESSOR, ITS ASSOCIATES OR
REPRESENTATIVES OR ANY PERSON OR PERSONS ON ITS BEHALF HAS/HAVE NEVER EVER
SOLICITED THE LESSEE, 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 OR FAILURE OF PERFORMANCE BY LESSEE OR LESSOR IN THE OBLIGATIONS UNDER
THIS AGREEMENT ALSO ATTRACTS 1% PAYMENT OF THE FACE VALUE OF BG/SBLC AS
PENALTY.

ARBITRATION

RECEIVER’S SIGNATURE 4/32 PROVIDER’S SIGNATURE

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LESSOR’S CODE :

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 THE
LAWS OF UNITED KINGDOM. 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 ENTITLES TO RECOVER REASONABLY ATTORNEY
FEES AND COSTS.

BY SIGNING THIS DOA, ALL THE PARTIES, SBLC ISSUER BANK, LESSEE BANK, LESSEE AND
LESSOR AGREE UNDER THE LAWS AND TRADING GUIDELINES SET FORTH BY THE ICC THAT
THEY ARE READY WILLING AND ABLE TO COMPLETE THIS TRANSACTION UNDER THE TERMS AND
CONDITIONS STATED WITHIN THIS DEED OF AGREEMENT.

PROVIDER RESERVES THE RIGHT TO USE ANY BANK ACCOUNT TO RECEIVE HIS FEE.
(IT’S OUR BANK REGULATIONS AND PROCEDURE)

PROVIDER‘S BANK COORDINATES: ISSUE USD/EURO MT799 & MT760 SBLC

BANK NAME
BANK ADDRESS
SWIFT CODE
ACCOUNT NAME
ACCOUNT NO
BANK OFFICER
BANK TEL NO
BANK FAX NO
EMAIL ADDRESS

PROVIDER‘S BANK COORDINATESFOR RECEIVING PAYMENT 38% PURCHASE OR 8% LEASE OF

FACE VALUE
Bank Name TBA

RECEIVER’S SIGNATURE 5/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

Bank Address
Account Holder
SWIFT Code
Account Number
Bank Tel
Bank secured fax
Bank officer #1
Bank officer #2

RECEIVER‘S BANK COORDINATES: FOR RECEIVING BANK INSTRUMENT OF MT799 & MT760
Bank Name SIAM COMMERCIAL BANK PCL
Bank Address Headquarters 9 Ratchadaphisek Road, Chatuchak, Bangkok 10900
Account Name D.W.M. COMPANY LIMITED
Account Number 111-201130-0-978(EUR), 111-201129-5-840(USD)
Swift Code SICOTHBK
Bank Officer Mr Worakrit Antaphan and Mr Sommai Bunyongongsin
Bank Officer Tel
Bank Officer Fax
Bank Officer Email worakris.antapha@scb.co.th; somai.bunyongsin@scb.co.th;
inward@scb.co.th and 222exp@scb.co.th

RECEIVER‘S BANK COORDINATES: PAYMENT OF MT103/202

Bank Name SIAM COMMERCIAL BANK PCL

Bank Address Headquarters 9 Ratchadaphisek Road, Chatuchak, Bangkok 10900
Account Name D.W.M. COMPANY LIMITED
Account Number 111-201130-0-978(EUR), 111-201129-5-840(USD)
Swift Code SICOTHBK
Bank Officer Mr Worakrit Antaphan and Mr Sommai Bunyongongsin
Bank Officer Tel
Bank Officer Fax
Bank Officer Email worakris.antapha@scb.co.th; somai.bunyongsin@scb.co.th;
inward@scb.co.th and 222exp@scb.co.th

CONDITIONS:
1. Parties are not allowed to contact the other party’s bank without expressed written
permission. Any party attempting to do so will lend to cancellation of this LOI/MOU.

RECEIVER’S SIGNATURE 6/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

2. The parties herein agree the non-circumvention / non-disclosure rules of all issues from ICC
and the latest edition apply to the transaction for a period of five years from the date of
execution of this agreement.

3. The terms of this agreement are binding upon the parties upon execution by both parties.

4. This agreement is subject to the relevant international laws for any fraudulent action and
such actions will be punished by law.

5. Neither party may assign of delegate its interest or duties without prior written consent of
the other party.

6. This transaction constitutes a private purchase and sale of bank instruments, conducted
between two principal entities to be defined by contract and as such, is not intended to be
nor shall be interpreted as a securities transaction as defined by the European Securities
Act, the United States Securities and Exchange Act of 1933/34, or as amended by law or
any other nation.

We hereby acknowledge and confirm that neither the collateral provider nor their associates nor
any person on their behalf solicited me in anyway whatsoever that can be construed to be as a
solicitation herein.

BY SIGNING THIS LOI / MOU, BOTH PARTIES AGREE UNDER THE LAWS AND TRADING GUIDELINES
SET FORTH BY THE ICC THAT THEY ARE READY WILLING AND ABLE TO COMPLETE THIS
TRANSACTION UNDER THE TERMS AND CONDITIONS STATED WITHIN THIS LETTER OF INTENT.

AGREED AND ACCEPTED BY THE PROVIDER AND RECEIVER

IN WITNESS WHERE OF THE PARTIES EXECUTED THIS AGREEMENT AS OF THE DATE ABOVE WRITTEN
SIGNED AT THIS DAY SONNTAG, MAI 05, 2024

FOR AND ON BEHALF OF PROVIDER :

________________________________________________________________
NAME :
TITLE :
PASSPORT NO.:

RECEIVER’S SIGNATURE 7/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

ISSUE DATE :
EXPIRY DATE :
NATIONALITY :
DATE :

FOR AND ON BEHALF OF RECEIVER :

_____________________________________________________________
NAME : MR. SAVIOUR INYANG
TITLE : CHAIRMAN/CEO
PASSPORT NO.: B50163304
ISSUE DATE : NOV 8, 2021
EXPIRY DATE : NOV7, 2026
NATIONALITY : NIGERIAN

ANNEX 1: VERBIAGE MT799 PRE-ADVICE

FROM ISSUING BANK TO BENEFICIARY BANK

(Text may vary in substance but the essential undertaking must be maintained)

SWIFT MT-799 PRE-ADVICE

SENDER
BANK NAME :
BANK ADDRESS :
ACCOUNT NAME :
SWIFT CODE :
BANK OFFICER 1 : TBA
EMAIL ADDRESS : TBA

RECEIVER’S SIGNATURE 8/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

RECEIVER
BANK NAME :
BANK ADDRESS :
ACCOUNT NAME :
ACCOUNT NUMBER :
SWIFT CODE :
BANK OFFICER :
EMAIL ADDRESS :

WE, ……………………….., LOCATED AT ------------- ------------------- ------------------ , UNDERTAKE UNDER

FULL BANKING RESPONSIBILITY THAT WE ARE READY, WILLING AND ABLE TO ISSUE AND SWIFT BY
MT760 A SBLC FOR THE AMOUNT OF …….. HUNDRED MILLION EURO (€00,000,000) IN FAVOR OF
OUR CLIENT, [CLIENT NAME] WITH ACCOUNT NUMBER, ………………., FOR THE FURTHER BENEFICIARY
USE OF ……………………………………...

THIS STANDBY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICES FOR
BANK CREDIT SBLCS IN ACCORDANCE WITH THE INTERNATIONAL CHAMBER OF COMMERCE (ICC)
PUBLICATION NO. 600 (LATEST EDITION). THIS CASH BACKED SBLC IS TRANSFERABLE, ASSIGNABLE,
DIVISIBLE, AND CALLABLE AT MATURITY. THE ORIGINAL HARD COPY OF THIS CASH BACKED
STANDBY LETTER OF CREDIT WILL FOLLOW BY BANK BONDED COURIER DELIVERY TO COORDINATES
AS PER YOUR

INSTRUCTIONS FOR DELIVERY WITHIN SEVEN (7) DAYS OF THIS DATE OF MT760 ISSUE. IT HAS
BEEN PURCHASED WITH GOOD, CLEAN, UNENCUMBERED FUNDS.

F0R AND ON BEHALF OF ……………………………, ………………………………… ………… ………………………

BANK OFFICER #1

BANK OFFICER #2

ANNEX 2: SAMPLE VERBIAGE MT799/BPU

FROM RECEIVER’S BANK TO PROVIDER’S BANK COORDINATES

RECEIVER’S SIGNATURE 9/32 PROVIDER’S SIGNATURE
RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

(To receive SWIFT MT-760 and Guarantee to pay)

(Text may vary in substance but the essential undertaking must be maintained)

DATE:
FROM:
BANK NAME :
BANK ADDRESS :
SWIFT CODE :
BY ORDER OF OUR CLIENT:
ACCOUNT NAME :
ACCOUNT NUMBER :

TO:
BANK NAME :
BANK ADDRESS :
SWIFT CODE :
IBAN :
BENEFICIARY NAME :
ADDRESS :
REF. :
TRANSACTION CODE : XXXXXXXXX

AT THE REQUEST OF OUR CLIENT: -------------------------------------, WE, ----------------------- WITH

ADDRESS AT ----------------------------------------------- HEREBY IRREVOCABLY CONFIRM THAT WE ARE
PREPARED TO UNDERTAKE THE FOLLOWING:

(I) TO RECEIVE, VIA SWIFT MT760 INTO OUR CLIENT’S ABOVE-LISTED ACCOUNT,EUR 00,000,000
CASH-BACKED, ASSIGNABLE, TRANSFERABLE, DIVISIBLE AND UNCONDITIONAL BG (“€M MT760”); AND,

(II) TO SWIFT TRANSFER A PRINCIPAL AMOUNT OF (€00,000,000.00)……… MILLION EUROWITHIN

SEVEN (7) BANKING DAYS TO THE BELOW-LISTED ACCOUNT AFTER SUCCESSFULLY RECEIVING AND
AUTHENTICATING THE €00,000,000M MT760 DELIVERED VIA SWIFT MT760 TO OUR CLIENT’S ABOVE
ACCOUNT. THIS INSTRUMENT IS VALID FOR ONE YEAR ONE DAY.

BENEFICIARY BANK :
RECEIVER’S SIGNATURE 10/32 PROVIDER’S SIGNATURE
RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

ADDRESS :
SWIFT :
IBAN :
BENEFICIARY NAME :
ADDRESS :
REF :
TRANSACTION CODE : XXXXXXXXX

WE, HEREBY CONFIRM THAT THE (€00,000,000.00) …….. MILLION EURO ARE GOOD, CLEAN AND
CLEARED FUNDS DERIVED FROM A LEGAL SOURCE.

FOR AND ON BEHALF OF DEUTSCHE BANK AG

AUTHORIZED BANK OFFICER #1 <NAME, TITLE, PIN CODE>

AUTHORIZED BANK OFFICER #2 <NAME, TITLE, PIN CODE>

PROVIDER’S SBLC ISSUING BANK SBLC SWIFT MT-760 TO RECEIVER’S DESIGNATED BANK IN USA

----------------------- MESSAGE HEADER --------------------------

SWIFT INPUT: FIN 760 MESSAGE
PRIORITY : URGENT DELIVERY FOR SAME DAY VALUE
SENDER :

RECEIVER :
BANK NAME :
BANK ADDRESS :

ACCOUNT NAME :
ACCOUNT NUMBER :
SWIFT CODE :

RECEIVER’S SIGNATURE 11/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

BANK OFFICER NAME:

BANK OFFICER TELE: +
BANK OFFICER EMAIL:
------------------------ MESSAGE TEXT ------------------------
20: TRANSACTION REFERENCE NUMBER :
61- PRIORITY : SWIFT URGENT SAME DAY VALUE
79: NARRATIVE : MT 760 STANDBY LETTER OF CREDIT

SWIFT CODE :
SENDING BANK :
BANK ADDRESS :
ACCOUNT NAME :
ACCOUNT NUMBER :
IBAN NUMBER :
BANK OFFICER NAME :
BANK OFFICER EMAIL ID :
BANK OFFICER TELEPHONE : +
BANK FAX NUMBER : +

RECEIVER :
BANK NAME :
BANK ADDRESS :
ACCOUNT NAME :
ACCOUNT NUMBER :
SWIFT CODE :
BANK OFFICER NAME :
BANK OFFICER TELE : +
BANK OFFICER EMAIL :

INSTRUMENT : STANDBY LETTER OF CREDIT

SBLC NUMBER :
CURRENCY : UNITED STATES DOLLAR
PRINCIPAL AMOUNT : $ XXXXX,000,000.00
DATE OF ISSUE :
DATE OF EXPIRY :
BENEFICIARY :
PLACE OF ISSUE :

FOR THE VALUE RECEIVED BY US, WE THE UNDERSIGNED XXXXX BANK, XXXXXXXXXX, HEREBY OPEN
OUR CASH BACKED, IRREVOCABLE, TRANSFERABLE, ASSIGNABLE AND CONFIRMED STANDBY LETTER

RECEIVER’S SIGNATURE 12/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

OF CREDIT IN FAVOUR OF LOGIC INTERNATIONAL PETROLEUM LIMITED FOR THE AMOUNT OF FIFTY
MILLION USD $500,000,000.00 IN THE LAWFUL CURRENCY OF THE UNITED STATES OF AMERICA.

PAYMENT SHALL BE AVAILABLE BY BENEFICIARYS FIRST WRITTEN DEMAND VIA SWIFT WIRE SYSTEM
AND THE DEMAND HEREUNDER MUST BE MARKED, DRAWN UNDER THE STANDBY LETTER OF CREDIT
NUMBER: _______________________.

SUCH PAYMENT SHALL BE MADE WITHOUT SET OFF AND CLEAR OF ANY DEDUCTIONS, OR
CHARGES, FEES OR WITHOLDING OF ANY NATURE, NOW OR HEREINAFTER IMPOSED, LEVIED,
COLLECTED, WITHELD OR ASSESSED BY THE GOVT. OF HONG KONG OR ANY POLITICAL
SUBDIVISION OR AUTHORITY THEREOF OR THEREIN.

THIS STANDBY LETTER OF CREDIT IS CASH BACKED, IRREVOCABLE, TRANSFERABLE AND ASSIGNABLE
WITHOUT PRESENTATION TO US. WE CONFIRM THAT THIS STANDBY LETTER OF CREDIT MAY BE
USED BY THE BENEFICIARY TO OBTAIN OR SECURE A LOAN FOR BUSINESS PURPOSES. THIS CREDIT
IS ISSUED UNDER THE UNIFORM RULES FOR DEMAND GUARANTEE (URDG) 758 UNDER THE
INTERNATIONAL CHAMBER OF COMMERCE, PARIS FRANCE, PUBLICATION NO. 600.

THIS IS AN OPERATIVE INSTRUMENT AND NO MAIL OR PHONE CONFIRMATION SHALL FOLLOW. ALL
CHARGES ARE FOR THE APPLICANT. THIS CABLE IS AN OPERATIVE INSTRUMENT. THIS STANDBY
LETTER OF CREDIT EXPIRES ON DATE,MONTH AND YEAR.

WE CONFIRMED ITS EMISSION AND CERTIFY THE TRANSPARENCY OF THIS OPERATION.

FOR AND ON THE BEHALF OF XXXXXXX BANK PLC

XXXXXXXXXX, UNITED KINGDOM

____________________ ______________________
OFFICER: OFFICER:
TITLE: TITLE:
REGISTRATION: (PIN) REGISTRATION (PIN)

PROPOSED DELIVERY SCHEDULE OF FC SBLC TRANCHES

SCHEDULE PROGRAM OF TRANCHE

RECEIVER’S SIGNATURE 13/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

RECEIVER’S CODE:
CONTRACT AMOUNT: XXXXX BILLION ($5,000,000,000.00) with R&E
RECEIVER’S NAME:XXXXXXXXXXXXXXXXXXXXXX
TRANSACTION CODE: TBA

WK DAY TRANCHE # FACE VALUE REMARKS

1ST 1 1 XXX,000,000.00 FIRST TRANCHE
2ND SECOND TRANCHE
2ND THIRD TRANCHE
3RD FOURTH TRANCHE
3RD FIFTH TRANCHE
5TH SIXTH TRANCHE
5TH SEVENTH TRANCHE
6TH EIGHTH TRANCHE
9 6TH NINTH TRANCHE
7TH
10 TENTH TRANCHE
T
7TH ELEVENTH TRANCHE
8TH TWELTH TRANCHE
8TH THIRTEEN TRANCHE
10TH FOURTEEN TRANCHE
10TH FIFTEEN TRANCHE
12TH SIXTEEN TRANCHE
13TH SEVENTEEN TRANCHE
14TH HEIGTHEEN TRANCHE

FOR AND ON BEHALF OF BENEFICIARY/LESSEE‘S:

UNIPRO ENGINEERING CONSULTANCY

__________________________________
Authorized Signatory
NAME : MR. SAVIOUR INYANG
TITLE : CHAIRMAN/CEO
NATIONALITY : NIGERIAN
PASSPORT : B50163304
ISSUE DATE : NOV 8, 2021
EXPIRY DATE : NOV7, 2026

CLIENT INFORMATION SHEET

RECEIVER’S SIGNATURE 14/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

DATE: SUNDAY, MAY 05, 2024

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.
(CIS )TO BE COMPLETED BY BUYER
DATE:
CLIENT NAME (SIGNATORY): MR. SAVIOUR INYANG
CITIZENSHIP: NIGERIAN
PASSPORT NUMBER: B50163304
PASSPORT ISSUE DATE: NOV 8, 2021
FEDERAL ID NUMBER:
DATE OF BIRTH: SEPT 28, 1978
HOME ADDRESS:
HOME TELEPHONE NUMBER:
HOME FAX:

BUSINESS NAME: SAVJANE WORLD TRADE VENTURES

BUSINESS ADDRESS:
REGISTERED OFFICER: AAKPAN AKPA UDO STREET, UYO, AKWA IBOM STATE, NIGERIA
REGISTRATION NUMBER: UY/000912
BUSINESS PHONE NUMBER: +2348022614164
BUSINESS FAX NUMBER:
EMAIL ADDRESS: savjaneworldtrade1@yahoo.com

BANK NAME:
BANK ADDRESS:
ACCOUNT NAME:
IBAN NUMBER:
ACCOUNT NO:
SWIFT CODE:
BANK OFFICER NAME:
BANK OFFICER PHONE /
FAX:
BANK OFFICER E-MAIL:
ACCOUNT SINGATORY:
FUNDS AVAILABLE. IN
WORDS:OF FUNDS:
ORIGIN

RECEIVER’S SIGNATURE 15/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

EARNINGS FROM:
ARE FUNDS FREE AND
CLEAR?
COMPANY PROFILE: DESCRIBE THE NATURE OF THE BUYING ENTITY, OWNERSHIP, DIRECTORS, COMPANY OBJECTIVES IN
THE SPACE BELOW.

I, . Mr. XXXXX., HEREBY SWEAR, UNDER PENALTY OF PERJURY, THE INFORMATION GIVEN ABOVE IS ACCURATE AND TRUE.
THIS CLIENT INFORMATION SHEET CREATED AND SIGNED ONXXXXXXXXXXXXXXXX 2018
FOR AND ON BEHALF OF:XXXXXXXXXX

AFFIRMATION:
I HEREBY SWEAR UNDER THE FULL PENALTY OF PERJURY, THAT THE INFORMATION PROVIDED HEREIN IS BOTH TRUE AND
ACCURATE. I AM IN CONTROL OF THE ASSETS STATED ABOVE AND HAVE SIGNATORY AUTHORITY ON THE
AFOREMENTIONED BANK ACCOUNT AND HAVE FULL AUTHORITY TO EXECUTE ALL CONTRACTS AND AGREEMENTS
RELATING TO PLEADING THE ASSETS FOR A LOAN. THE FUNDS ARE IN FULL COMPLIANCE WITH THE ANTI-MONEY
LAUNDERING POLICIES SET FORTH BY THE FINANCIAL ACTION TASK FORCE (FATF) 6/01.

DECLARATION:

I, MR. XXXXXXXX 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

AGREED AND SIGN THIS DAY5TH MAY , 2021

FOR AND ON BEHALF OF RECEIVER:

___________________________________________________________________
NAME : MR. SAVIOUR INYANG
TITLE : CHAIRMAN/CEO
NATIONALITY : NIGERIAN
PASSPORT : B50163304
ISSUE DATE : NOV 8, 2021
EXPIRY DATE : NOV7, 2026
ISSUE PALCE : NIGERIA

RECEIVER’S SIGNATURE 16/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

RESOLUTION OF THE BOARD OF DIRECTORS

I, MR. MR. SAVIOUR INYANG AS CEO AND AUTHORIZED SIGNATORY OF SAVJANE WORLD TRADE VENTURES, DO HEREBY
CONFIRM THAT I HAVE REQUESTED OF YOU AND YOUR ORGANIZATION, SPECIFIC CONFIDENTIAL INFORMATION AND
DOCUMENTATION ON BEHALF OF US REGARDING CURRENTLY AVAILABLE PROJECT FUNDING TO SERVE ONLY OUR INTEREST,
EDUCATION, AND NOT FOR FURTHER DISTRIBUTION.

A QUORUM OF DIRECTORS OF SAVJANE WORLD TRADE VENTURES (HEREINAFTER CALLED THE "COMPANY") WITH ITS ADDRESS AT
AAKPAN AKPA UDO STREET, UYO, AKWA IBOM STATE, NIGERIA ATTENDED IN PERSON OR BY TELEPHONE/VIDEO
CONFERENCE A BOARD OF DIRECTORS MEETING WHICH WAS DULY NOTICED AND HELD IN MARCH 2023 A DETAILED DISCUSSION
REGARDING VARIOUS ISSUES AND ASPECTS OF THIS TRANSACTION WAS HELD TO THE FULL SATISFACTION OF THE BOARD
MEMBERS AND THE FOLLOWING RESOLUTIONS WERE UNANIMOUSLY ADOPTED:

RESOLUTION:
IT IS RESOLVED THAT MR. SAVIOUR INYANG AS COMPANY’S CHAIRMAN/CEO AND AUTHORIZED REPRESENTATIVE/SIGNATORY OF
THE COMPANY, TO ENTER INTO THIS TRANSACTION INVOLVING THE ASSIGNMENT OF BANK DEBENTURES AND OTHER BANK
INSTRUMENTS.

RESOLUTION:
IT IS RESOLVED THAT . MR. SAVIOUR INYANG AS (CHAIRMAN/CEO) AND AUTHORIZED SIGNATORY OF THE COMPANY, TO
ARRANGE THE LEASING OF BANK INSTRUMENTS, IN THE AMOUNT OF EURO FIVE HUNDREED MILLION ( 500,000,000.00).

RESOLUTION:
IT IS RESOLVED THAT MR. SAVIOUR INYANG AS CHAIRMAN/CEO AND AUTHORIZED SIGNATORY OF SAVJANE WORLD TRADE
VENTURES BE ASSIGNED FULL AUTHORITY TO INSTRUCT, ARRANGE, MONITOR, EXECUTE, MANAGE AND SIGN ALL PAPERWORK,
AGREEMENTS, CONTRACTS AND ALL DOCUMENTATION AS MAY BE NECESSARY WITH THIRD PARTIES, PERTINENT TO THIS
TRANSACTIONS INVOLVING THE LEASING OF BANK INSTRUMENTS.

RESOLUTION:
IT IS FURTHER RESOLVED AT THIS MEETING OF THE BOARD OF DIRECTORS THAT... MR. SAVIOUR INYANG IS HEREBY AUTHORIZED
TO PAY/DISTRIBUTE ON BEHALF OF SAVJANE WORLD TRADE VENTURES ANY AND ALL TRANSACTION RELATED FEES AND
ENTITLEMENTS TO ANY BANKS, TRADING ENTITIES, PROGRAM MANAGERS, FACILITATORS, LAWYERS AND OTHER INVOLVED
PERSONS AND COMPANIES OF HIS CHOICE, AS HE MAY DEEM APPROPRIATE AND AT HIS ABSOLUTE DISCRETION, ON BEHALF OF
SAVJANE WORLD TRADE VENTURES.

RESOLUTION:
THAT MR. SAVIOUR INYANG. AS THE (DIRECTOR, CEO, ) OF THE COMPANY, IS HEREBY AUTHORIZED TO CERTIFY THAT THE
FOREGOING RESOLUTIONS AND PROVISIONS THEREOF ARE IN CONFORMITY WITH THE CHARTER, BYLAWS AND ARTICLES OF
INCORPORATION OF THE COMPANY, AND THAT THE FOREGOING RESOLUTION AND THE AUTHORITY THEREBY CONVEYED SHALL
REMAIN IN FULL FORCE AND EFFECT UNTIL THE PURPOSES SET FORTH HEREIN ARE ACCOMPLISHED.

IT IS FURTHER CERTIFIED THAT THE FOREGOING RESOLUTIONS HAVE NEVER BEEN MODIFIED OR AMENDED AND ARE NOW IN FULL

RECEIVER’S SIGNATURE 17/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

FORCE AND EFFECT. THE ABOVE NAMED REPRESENTATIVE OF THE COMPANY HAS BEEN DULY ELECTED AND APPOINTED TO HOLD
OFFICE, THE REPRESENTATIVE IS PRESENTLY HOLDING OFFICE, AND IS EMPOWERED TO ACT FOR AND ON BEHALF OF THE
COMPANY. THIS FAX OR EMAIL COPY OF THE BOARD RESOLUTION SHALL BE OF EQUAL VALUE AND EFFECT TO THE ORIGINAL,
AND SHALL BE ACCEPTED AS SUCH BY EVERYONE, FOR ALL PURPOSES, EVERYWHERE.

THE ABOVE MOTIONS AND RESOLUTIONS WERE DULY MADE, SECONDED AND UNANIMOUSLY PASSED AND CARRIED OUT AT THE
COMPLETION OF THIS MEETING.

IN WITNESS WHEREOF, I HAVE HEREUNTO SET OUR HAND AND SEAL OF THE COMPANY IN OUR OWN FREE WILL AND ACT, IN
CERTIFICATION OF THE ABOVE RESOLUTIONS AND PROVISIONS ON THIS MARCH 16TH 2023.

FOR AND ON BEHALF OF THE COMPANY. SAVJANE WORLD TRADE VENTURES

OR

ALL OF THE DIRECTORS OF SAVJANE WORLD TRADE VENTURES

. 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.

DIRECTOR NAME/TITLE: MR. SAVIOUR INYANG

PASSPORT NO.: : B50163304

THE BOARD OF DIRECTORS OF SAVJANE WORLD TRADE VENTURES AN INTERNATIONAL BUSINESS COMPANY
INCORPORATED IN NIGERIA WITH REGISTERED OFFICES AAKPAN AKPA UDO STREET, UYO, AKWA IBOM STATE,
NIGERIA IN A MEETING HELD ON THIS DAY MARCH 16TH 2023 ADOPTED THE FOLLOWING RESOLUTIONS.

RESOLUTION 1:
IT IS RESOLVED THAT THE BOARD OF DIRECTORS OF FRED A BULK LLC
XX HEREBY APPOINTS AND AUTHORIZES ITS CEO , SAVJANE WORLD TRADE VENTURES PASSPORT NUMBER
B50163304 ISSUED ON NOV 8, 2021 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 OUR MANAGING MEMBER AND IN
FACT ACTS AS FINANCIAL DIRECTOR FOR WITH REGARDS TO THE AFORESAID FINANCIAL INVESTMENT.

RESOLUTION 3:
IT IS RESOLVED THAT MR. SAVIOUR INYANG IS HEREBY AUTHORIZED TO ACT AS OUR FINANCIAL DIRECTOR FOR THE
AFORESAID PURPOSE.

RESOLUTION 4:
IT IS RESOLVED THE BOARD OF DIRECTORS OF SAVJANE WORLD TRADE VENTURES HEREBY AUTHORIZED MR. SAVIOUR
INYANG TO ASSUME ALL AUTHORITY, POWERS, DUTIES, SIGNATORY RIGHTS AND RESPONSIBILITIES ON OUR BEHALF.

I MR. SAVIOUR INYANG HEREBY SWEAR UNDER PENALTY OF PERJURY, THAT THE INFORMATION PROVIDED HEREIN IS
ACCURATE AND TRUE AS OF THIS DATE:

RECEIVER’S SIGNATURE 18/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

CONFIRMED AND SIGNED ON DAY MARCH 16TH 2023

FOR AND ON BEHALF OF RECEIVER :

______________________________________________________________________
NAME : MR. SAVIOUR INYANG
TITLE : CHAIRMAN/CEO
NATIONALITY : NIGERIAN
PASSPORT : B50163304
ISSUE DATE : NOV 8, 2021
EXPIRY DATE : NOV7, 2026
ISSUE PALCE : NIGERIA

CONDITIONS:

CONDITIONS:

THIS AGREEMENT IS A FULL RECOURSE COMMERCIAL COMMITMENT GOVERNED BY THE LAWS OF THE JURISDICTIONS IN
WHICH BOTH/ALL THE PARTIES RESIDE AND STANDARDS UNDER ICC REGULATIONS.

THE FORCE MAJEURE EXCEPTION CLAUSE OF THE INTERNATIONAL CHAMBER OF COMMERCE (I.C.C. PUBLICATION #421)
AND NON-CIRCUNVENTION AND NON-ELUSION & WORKING AGREEMENT, IS HEREBY INCORPORATED IN AND MADE AN
INTEGRAL PART OF THIS DOCUMENT.

ALL THE PARTIES HEREBY AFFIRM AND ATTEST THAT EACH HAS THE AUTHORITY TO ACCEPT AND EXECUTE THIS FULL
LEGAL CONTRACT AND TO BE BOUND BY ITS TERMS AND CONDITION.

THIS TRANSACTION CONSTITUTES BG CREDIT FACILITY OF A BANK INSTRUMENT, CONDUCTED BETWEEN TWO (2)
PRINCIPAL ENTITIES TO BE DEFINED BY CONTRACT AND AS SUCH, IS NOT INTENDED TO BE NOR SHALL BE INTERPRETED
AS A SECURITIES TRANSACTION AS DEFINED BY THE U.S. SECURITIES ACT OF 1933/1934 OR AS AMENDED BY LAW OR
ANY OTHER NATION.

BY SIGNING THIS LOI, ALL THE PARTIES, BG ISSUER BANK, RECEIVER BANK, RECEIVER AND PROVIDER AGREE UNDER THE
LAWS AND TRADING GUIDELINES SET FORTH BY THE ICC THAT THEY ARE READY WILLING AND ABLE TO COMPLETE THIS
TRANSACTION UNDER THE TERMS AND CONDITIONS STATED WITHIN THIS LETTER OF INTENT.
SIGNED THIS DATE SUNDAY, MAY 05, 2024

CONFIRMED AND SIGNED ON 5TH MAY 2021

FOR AND ON BEHALF OF RECEIVER:

RECEIVER’S SIGNATURE 19/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

______________________________________________________________________
NAME : MR. SAVIOUR INYANG
TITLE : CHAIRMAN/CEO
NATIONALITY : NIGERIAN
PASSPORT : B50163304
ISSUE DATE : NOV 8, 2021
EXPIRY DATE : NOV7, 2026
ISSUE PALCE : NIGERIA

STATEMENT OF NON-SOLICITATION OF FUNDS

DATE:DAY OF SONNTAG, MAI 05, 2024

I, MR. SAVIOUR INYANG AS CEO AND AUTHORIZED SIGNATORY OF DELUXE INDUSTRY CO., LTD, DO HEREBY CONFIRM THAT I
HAVE REQUESTED OF YOU AND YOUR ORGANIZATION, SPECIFIC CONFIDENTIAL INFORMATION AND DOCUMENTATION ON BEHALF
OF US REGARDING CURRENTLY AVAILABLE PROJECT FUNDING TO SERVE ONLY OUR INTEREST, EDUCATION, AND NOT FOR
FURTHER DISTRIBUTION.

I HEREBY AGREE THAT ALL INFORMATION RECEIVED FORM YOU IS IN DIRECT RESPONSE TO OUR REQUEST, AND IS NOT IN ANY
WAY CONSIDERED OR INTENDED TO BE A SOLICITATION OF ANY SORT, OR ANY TYPE OF OFFERING, AND FOR OUR GENERAL
KNOWLEDGE ONLY. I HEREBY AFFIRM UNDER PENALTY OF PERJURY, THAT I HAVE REQUESTED THIS INFORMATION FROM YOU AND
YOUR ORGANIZATION OF OUR CHOICE AND FREE WILL AND FURTHER, AND THAT YOU HAVE NOT SOLICITED US IN ANY WAY.

I HEREBY REPRESENT THAT I AM NOT AN INFORMANT, NOR AM I ASSOCIATED WITH ANY GOVERNMENT AGENCY OF THE UNITED
STATES OF AMERICA, OR ANY OTHER COUNTRY, SUCH AS THE SECRET SERVICE, INTERNAL REVENUE SERVICE, FEDERAL BUREAU OF
INVESTIGATION, CENTRAL INTELLIGENCE AGENCY, SECURITIES AND EXCHANGE COMMISSION, BANKING COMMISSION, NOR ANY
AGENCY WHOSE PURPOSE IS TO GATHER INFORMATION REGARDING SUCH OFFERINGS.

I UNDERSTAND FROM YOU THAT THE CONTEMPLATED TRANSACTION IS STRICTLY ONE OF PRIVATE PLACEMENT, AND IS IN NO WAY
RELYING UPON, OR RELATING TO, THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR RELATED REGULATIONS, AND
DOES NOT INVOLVE THE SALE OF SECURITIES.

FURTHER, I HEREBY DECLARE THAT YOU HAVE DISCLOSED THAT YOU ARE NOT A LICENSED SECURITY TRADER, ATTORNEY, BANK
OFFICER, CERTIFIED PUBLIC ACCOUNTANT OR FINANCIAL PLANNER. ANY INFORMATION, WORK OR SERVICE CONDUCTED
HEREUNDER IS THAT OF A PRIVATE INDIVIDUAL AND THAT THIS IS A PROJECT FUNDING TRANSACTION THAT IS EXEMPT FROM THE
SECURITIES ACT AND NOT INTENDED FOR THE GENERAL PUBLIC BUT PRIVATE USE ONLY.

THE FACSIMILE / E-MAIL TRANSMISSION OF THIS DOCUMENT SHALL BE CONSIDERED A BINDING AND
ENFORCEABLE INSTRUMENT, TREATED AS ORIGINAL COPY. ORIGINAL MAY BE OBTAINED UPON REQUEST.

CONFIRMED AND SIGNED ON XXXXXXXXX

FOR AND ON BEHALF OF RECEIVER:

RECEIVER’S SIGNATURE 20/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

______________________________________________________________________
NAME : MR. SAVIOUR INYANG
TITLE : CHAIRMAN/CEO
NATIONALITY : NIGERIAN
PASSPORT : B50163304
ISSUE DATE : NOV 8, 2021
EXPIRY DATE : NOV7, 2026
ISSUE PALCE : NIGERIA

NON-CIRCUMVENTION AND NON-DISCLOSURE

ALL PARTIES DO HEREIN AGREE THAT THE NON-CIRCUMVENTION AND NON-DISCLOSURE RULES (NCND) OF ALL ISSUES FROM
THE ICC 458 APPLY TO THIS TRANSACTION FOR A PERIOD OF FIVE (5) YEARS FROM DATE OF EXECUTION OF THIS
AGREEMENT BY THE UNDERSIGNED, HIS OR HER ASSIGNS, AGENTS AND/OR HEIRS.

THIS NCND ALSO APPLIES TO ANY AND ALL OTHER TRANSACTIONS DIRECT OR INDIRECT INITIATED BY THESE
INTERMEDIARIES.

THE UNDERSIGNED AGREES THAT THIS FEE PROTECTION IS ASSIGNABLE AND TRANSFERABLE TO THE BENEFICIARIES,
DESIGNS, HEIRS & ASSIGNS UPON WRITTEN NOTICE OF ALL PARTIES AND SHALL NOT BE AMENDED WITHOUT THE
EXPRESS WRITTEN CONSENT OF THE PARTIES. IF NO CONTRACT IS CONSUMMATED, THIS FEE PROTECTION AGREEMENT IS
NULL AND VOID IN ITS ENTIRETY.

ALL DISCLOSED BANKING INFORMATION SHALL BE STRICTLY CONFIDENTIAL. NO COMMUNICATION BETWEEN BANKING
OFFICERS. OTHER THAN TRANSMISSION BY SWIFT WIRE TRANSFER AND ANY OTHER TRANSMISSION SPECIFICALLY
AUTHORIZED BY THE BENEFICIARIES, IS PERMITTED. ALL COMMUNICATIONS SHALL CLEARLY REFERENCE THE TRANSACTION
CODE, THE LESSOR'S CODE AND THE LESSEE'S CODE REFERRED TO HEREIN.

SHOULD A CONTRACT BE SIGNED BETWEEN THE PROVIDER AND THE LESSEE, A BANK ENDORSED CORPORATE PAY ORDER
WILL BE ISSUED TO THE PAYMASTER OF EACH GROUP, FOLLOWED BY A SWIFT WIRE TRANSFER TO THE PAYMASTER'S
ACCOUNT, WHEN PAYMENT FOR THE BANK INSTRUMENT IS COMPLETED.

AN EXECUTED FACSIMILE OR EMAIL COPY SHALL BE DEEMED TO BE AS AN ORIGINAL

AGREED AND SIGNED THIS DAY 16TH OF MARCH , 2023

FOR AND ON BEHALF OF RECEIVER:

RECEIVER’S SIGNATURE 21/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

______________________________________________________________________
NAME : MR. SAVIOUR INYANG
TITLE : CHAIRMAN/CEO
NATIONALITY : NIGERIAN
PASSPORT : B50163304
ISSUE DATE : NOV 8, 2021
EXPIRY DATE : NOV7, 2026
ISSUE PALCE : NIGERIA

IRREVOCABLE CORPORATE PROTECTION AGREEMENT

DATE :MINGGU, MEI 05, 2024

TO : BOTH PARTIES’ CONSULTANTS

DESCRIPTION OF THE BANK INSTRUMENT

Instruments: SBLC, ICC 758/600 FORMAT, CASH BACKED, ICC600.

Age: Fresh Cut
Interest Rate: Zero Coupon
Term: One (1) year and One (1) day
Currency: US $
Bank Menu: HSBC LONDON BANK
Total Amount: $XXXXX,000,000.00 (XXXXX HUNDRED MILLION EURO)
InvoicePrice: THIRTY EIGHT Percent(38%) Purchase (8%)LEASE
Intermediary Fees: Three Percent (3%) of Face Value payable by LESSEE
First Tranche: $XXXX,000,000.00 (XXXXX HUNDRED MILLION EURO) R & E
Subsequent As per agreed tranche schedule
tranches:
Procedure with MT-760 to Receiver’s bank with Hard Copy to follow by bank
Delivery Hard Copy bonded courier within five (5) banking days after authentication of
payment.
Payment: By unconditional SWIFT Wire Transfer – MT103
Payment: Within 10 days after receipt and authentication of SWIFT MT-760,
Receiver’s Bank will release payment to Provider’s Bank via SWIFT MT-
103 in accordance with terms and conditions in the DOA contract

WE, ............... (AS THE PARTY B, HEREINAFTER AS THE “PAYER”), REPRESENTED BY THE PRESIDENTAND THE
AUTHORIZED SIGNATORY MR. ................ THE HOLDER OF .............. PASSPORT NO: ............... WITH OFFICE
ADDRESS .................., DO GUARANTEE WITH FULL PERSONAL AND CORPORATE RESPONSIBILITY AND AUTHORITY,

RECEIVER’S SIGNATURE 22/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

UNDER PENALTY OF APPLICABLE PERJURY LAWS, AGREE TO ACT AS PAYER TO PAY THIS IRREVOCABLE
MASTER FEE PROTECTION AGREEMENT WITH AN IRREVOCABLE CORPORATE PAYMENT ORDER WHICH IS AN
INTEGRAL PART OF ABOVECODED AGREEMENT IN THE TOTAL AMOUNT OF THREE PERCENT (3%) OF THE
TOTAL FACE VALUE OF THE BANKINSTRUMENT.

TOTAL THREE PERCENT (3%) COMMISSION FEES, ONE PERCENT (1.00%) FOR THE PARTY A SIDE AND ONE
PERCENT (1.00%) FOR THE PARTY B SIDE, WHICH SHALL BE PAID INTO THE BELOW BANK ACCOUNT/S OF
BOTH PARTIES’ BENEFICIRIES FOR DISTRIBUTION AND WHICH SHALL INCLUDE ALL ROLLS AND EXTENSIONS.

THE SELLER / PROVIDERS AGENT SIDE:

TOTAL ONE PERCENT (1.5%) COMMISSION FEES WILL BE PAID TO THE FOLLOWINGS: CLOSED

PARTICULARS
Paymaster Name
Paymaster Address
Paymaster
Telephone
Paymaster Email
Bank Name
Bank Address
Bank Officer
Bank Telephone
Bank Fax
SWIFT Code
ACCOUNT#/ ABA
Routing
Account Name
Account Number
(IBAN)
Beneficiary XXXXXXXXXX
AMOUNT TO
EURO/€XXXXXX
RECEIVE
REQUIRED
CONSULTANT FEE FOR RECEIVERS MANDATE
MESSAGE
THE SWIFT TEXT MESSAGE COVERING ALL REMITTANCES SHALL CLEARLY STATE THE
FOLLOWING:
“SAME DAY TRANSFER AND IMMEDIATE CREDIT. REMITTER IS KNOWN TO US. THIS
Required Message: TRANSFER IS WITH FULL BANKING RESPONSIBILITY AND WE ARE SATISFIED AS TO THE
SOURCE OF THE FUNDS SENT TO US. CLEARED, CLEAN, LIEN FREE AND UNENCUMBERED
FUNDS, EARNED FROM FINANCIAL CONSULTING FEES ON COMMERCIAL ENTERPRISES OF
NON-CRIMINAL AND NON-TERRORIST ORIGINS.”

RECEIVER’S SIGNATURE 23/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

LESSEE SIDE:

TOTAL ONE PERCENT (1.5%) COMMISSION FEES WILL BE PAID TO THE FOLLOWING: OPEN FOR LESSEE SIDE

RECEIVER / BUYERS AGENT SIDE- GROUP :

AMOUNT
(1.5%) PERCENT OF THE FACE VALUE INCLUDING ROLLS AND EXTENSIONS.OPEN

Bank Name HSBC UK BANK PLC

Bank Address 31, CHURCH STREET,KIDDERMINSTER, UNITED
Swift Code HBUKGB4B
Account name BIOFUEL GROUP MIDLANDS LTD ,UK
Account Number HSBC UK BANK PLC
IBAN GB67HBUK40090032399431
Bank Phone
Bank Officer

SPECIAL WIRE INSTRUCTIONS PREADVICE MUST BE SENT VIA SWIFT PRIOR TO WIRE
TRANSFER & EMAIL a notification immediately upon
each transfer payment together with the transactions
code/s to:
REQUIRED MESSAGE ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS
ARE CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN
AND ARE PAYABLE IN CASH IMMEDIATELY UPON
RECEIPT BY BENEFICIARY’S BANK.”

LESSEE SIDE:

TOTAL ONE PERCENT (1.5%) COMMISSION FEES WILL BE PAID TO THE FOLLOWING: OPEN FOR LESSEE SIDE

RECEIVER / BUYERS AGENT SIDE- GROUP :

AMOUNT
(0.50%) PERCENT OF THE FACE VALUE INCLUDING ROLLS AND EXTENSIONS.OPEN

Bank Name
Bank Address
Swift Code
Account name
Account Number
IBAN
Bank Phone
Bank Officer

RECEIVER’S SIGNATURE 24/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

SPECIAL WIRE INSTRUCTIONS PREADVICE MUST BE SENT VIA SWIFT PRIOR TO WIRE
TRANSFER & EMAIL a notification immediately upon
each transfer payment together with the transactions
code/s to:
REQUIRED MESSAGE ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS
ARE CLEAN AND CLEAR, OF NON-CRIMINAL ORIGIN
AND ARE PAYABLE IN CASH IMMEDIATELY UPON
RECEIPT BY BENEFICIARY’S 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 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.

THE BENEFICIARIES RESERVE THE RIGHT TO CHANGE THE 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 AND 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 OR BY TELE/FAX WITH COPIES OF THE
SWIFT RELATED TO ALL PAYMENT INSTRUCTIONS UPON THE CLOSING OF EACH AND EVERY TRANSACTION OF THE
ABOVE TRANSACTION.

RECEIVER’S SIGNATURE 25/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

THE PARTY B/ BUYER’S PAYING BANK DETAILS:

Bank Name SIAM COMMERCIAL BANK PCL
Bank Address Headquarters 9 Ratchadaphisek Road, Chatuchak, Bangkok 10900
Account Name D.W.M. COMPANY LIMITED
Account Number 111-201130-0-978(EUR), 111-201129-5-840(USD)
Swift Code SICOTHBK
Bank Officer Mr Worakrit Antaphan and Mr Sommai Bunyongongsin
Bank Officer Tel
Bank Officer Fax
Bank Officer Email worakris.antapha@scb.co.th; somai.bunyongsin@scb.co.th;
inward@scb.co.th and 222exp@scb.co.th
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.

THIS AGREEMENT - PAY ORDER SHALL BE LODGED IN OUR BANK AND A COPY FROM THAT BANK WILL BE
FORWARDED TO ALL BENEFICIARIES.

WE AGREE TO THE ABOVE IRREVOCABLE FEE PROTECTION AGREEMENT IN ITS ENTIRETY.

AGREED AND SIGNED THIS DAYXXXXXXXXXXX

FOR AND ON BEHALF OF RECEIVER BENEFICIARY:

____________________________________________________________________
NAME : MR. SAVIOUR INYANG
TITLE : CHAIRMAN/CEO
NATIONALITY : NIGERIAN
PASSPORT : B50163304
ISSUE DATE : NOV 8, 2021
EXPIRY DATE : NOV7, 2026
ISSUE PALCE : NIGERIA

PROVIDER’S PASSPORT COLOUR COPY

RECEIVER’S SIGNATURE 26/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

PROVIDER’S CORPORATE CERTIFICATE COPY

RECEIVER’S SIGNATURE 27/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

RECEIVER’S PASSPORT COLOUR COPY

RECEIVER’S SIGNATURE 28/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

RECEIVER’S SIGNATURE 29/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

RECEIVER’S CORPORATE CERTIFICATE COPY

RECEIVER’S SIGNATURE 30/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

AGREED & ACCEPTED THE FULL DOCUMENT “STANDBY LETTER OF CREDIT” PURCHASING AGREEMENT”
COMPOSED OF 31 (THIRTY-ONE) PAGES

ELECTRONIC DOCUMENT TRANSMISSIONS

EDT (ELECTRONIC DOCUMENT TRANSMISSIONS) SHALL BE DEEMED VALID AND ENFORCEABLE IN RESPECT OF ANY PROVISIONS OF THIS
CONTRACT. AS APPLICABLE, THIS AGREEMENT SHALL BE:-

RECEIVER’S SIGNATURE 31/32 PROVIDER’S SIGNATURE

RECEIVERS LETTER HEAD

TRANSACTION CODE:
LESSEE’S CODE:
LESSOR’S CODE :

INCORPORATE U.S. PUBLIC LAW 106-229, ‘‘ELECTRONIC SIGNATURES IN GLOBAL & NATIONAL COMMERCE ACT’’ OR SUCH OTHER
APPLICABLE LAW CONFORMING TO THE UNCITRAL MODEL LAW ON ELECTRONIC SIGNATURES (2001)

ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, GENEVA, MAY 2000) ADOPTED BY THE UNITED NATIONS CENTRE FOR TRADE
FACILITATION AND ELECTRONIC BUSINESS (UN/CEFACT).

EDT DOCUMENTS SHALL BE SUBJECT TO EUROPEAN COMMUNITY DIRECTIVE NO. 95/46/EEC, AS APPLICABLE. EITHER PARTY MAY
REQUEST HARD COPY OF ANY DOCUMENT THAT HAS BEEN PREVIOUSLY TRANSMITTED BY ELECTRONIC MEANS PROVIDED HOWEVER,
THAT ANY SUCH REQUEST SHALL IN NO MANNER DELAY THE PARTIES FROM PERFORMING THEIR RESPECTIVE OBLIGATIONS AND DUTIES
UNDER EDT INSTRUMENTS.

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