Counter-Guarantee

___________ 200__ Tallinn

To: ____________ Bank, Riga, Latvia

COUNTER-GUARANTEE

Dear Sirs,

We, the ___________ Bank, Tallinn, Estonia hereby instruct and request you to issue under our full responsibility a Payment Guarantee as per particulars below:

Beneficiary: ____________________.

Amount: up to ______________ USD.

Covering: ______________________.

This guarantee comes into force: in ______ days after the date of shipment of the ________________. …