Documentary Credit Application

D2E 05.05 Handelsbanken

therein and the rights to insurance claims mentioned in page 2 point ”Pledges”. We hereby engage ourselves to observe the terms of this documentary credit and the general conditions and pledge all funds, the documents, the goods Contact person Name in block letters Authorized signatures Applicant We authorize you to debit our account no. Additional conditions Documents to be presented within Advising and/or reimbursing bank’s charges are for Shipment from Delivery terms Description of goods Documents required Credit is available The advising bank is requested to advise the credit Beneficiary’s bank (if and known)SWIFT/BIC Applicant We request you yourissueto irrevocable Documentary Credit in accordance below.instructionswith Business organizationBusiness 502007-7862 number: Swedish SupervisoryFinancialAuthority Registered bank in theregisterconducted by the Registered office: Stockholm Type company:of public bankingcompany (publ) Svenska Handelsbanken AB

Airwaybill Bill of Lading by payment at sight without adding its confirmation

Railwaybill

by deferred payment at

days after shipment date (unless within 21 days)

Intl Consignment note CMR adding its confirmation Business ID Business0861597-4 Branch Operation in Finland Svenska Handelsbanken (publ),AB Shipment at latest Partial shipments

applicants

allowed

days prohibited beneficiarys account Expiry date Amount Beneficiary Date DOCUMENTARY CREDIT APPLICATION Telephone Date and place

Commercial invoice in Certificate of origin Insurance policy/certificate covering Institute Cargo Clauses A The documentary credit is transferable www.handelsbanken.fi Finland FI-00100 Helsinki Aleksanterinkatu11 Address

Shipment to Transshipment

allowed

fold int.+358 10 int.+358444 11 11010 444 Telephone Documentary no. credit Telefax prohibited

+/- not exceeding from shipment date

% HANDFIHH SWIFT + 010 444 2564 Telefax 358 10 444 2564 Page

1 (2) D2E / 05.05 Business organizationBusiness 502007-7862 number: Swedish SupervisoryFinancialAuthority Registered bank in theregisterconducted by the Registered office: Stockholm Type company:of public bankingcompany (publ) Svenska Handelsbanken AB be settled in the Helsinkibe inCourt.settled District conditions terms and shall Any disputes arising from general these Jurisdiction the pledged assets. value necessary of measures the it deemsprotect takeas to to such obliged expense thebutat Applicant's notThe Bank be entitled shall that if forpurpose. required behalf the of documentsApplicant on sign other partiesto third order to and issued Applicant's to documents transfer to furtherthe withoutconsultation Applicant, with be entitled, shall thethe purpose Bank liquidatingpledged assets, of fornecessary theIf it sees in fit. publicway auction any orother ainto cash thein pledged assets sale,convert pledged assetsto for formalities theannouncing without observing the and statutory orjudgement decision, without Applicant, a applying without for shallentitled,consulting without Bankthe undertaking, be the thisofthe fails conditions terms the fulfiland to claims. Applicant If insurance corresponding to rights goods specified and/or thetherein correspondent orthe the bank, documents its by Bank received related thecredit, ofamounts paidcover Bankdocumentary in all Applicant pledgeshereby incredit the theto documentary question, histheof under obligations theperformance As due for security Pledges out discrepancies.pointpossible or approvalthe of to either documents indicate histo the timesame withoutat the to and Bank delay, acknowledge receiptto receipt and immediately uponthe documents The Applicant check undertakes to Documents Bank.fee or the expensesto pays the the pays the on the cover, compensates which required Applicant date which theuntil fee or payable, became questionthe onthe date theitem expense in it amount orpart of paid thea which Bankthe the on iscalculateddate Law. The interestfrom the Rate Interest ratein withpercentage accordance above seven reference points such tooverdue be applicable payments shall the interest rate of Unlessincurredit inagreed,expensesbyconnection. otherwise this any andany overduedocumentary fees madeit thecredit, under by on any payments be interest entitled charge shall credit, to the Bank obligations documentary the meet his to this Applicant under If fails Interest overdueon payments inthecredit arise thatdocumentary question.expenses mayfrom any taxescollection and fees and banks andchargedforeign by pay toany expenses connection. The Applicant this also undertakes other incurredmailing,telecommunication, expenses in orcourier payableinany credit any and documentaryinterest question, thefees Bank'sfor on demand the The Applicant pay undertakes to and taxes Expenses, fees reimbursement.of the at thetime byBank rate quoted buying unutilisedApplicant remain betheshallreimbursedat the to mayApplicant.risk amounts that Any cover the theof accountat and amountforrequired Bank the obtain the agreed.shall currency The unless time otherwise processing,byBankof quoted the as at the selling therate of currency respective exchangebe rates of theshall debited applicablepaideuro, orin the areathe be is to and cover euro isdenominatedcurrency outside credit thea documentary in a date. If due days laterprior the bankingto case not two than and any the on cover demandin The Applicant pay undertakes to Cover GENERALTERMS AND CONDITIONS Business ID Business0861597-4 Branch Operation in Finland Svenska Handelsbanken (publ),AB application. thestipulate it inorigin, mustofthe applicant certificate as isrequiredEURof1 OriginCertificate of Movement GSP Certificate presented. case In byapplicantnamed be to is required clauses the otherA coveringInstitute Cargo orClauses policy/certificateeither bysellerbe goods toinsuredare insurance the case In documents Other applicantto TransportAirwaybill,or be - is to consigned RailwayDocument Road notify and applicantendorsed blank LadingfullBillof asorder, is required set, consigned to the - stipulated the otherwise Unless applicantionin documents Transport application.in stipulated theotherwise originals be to presented as unless required are Documents content.date wordingtheir and/or or be to issued are documents whomshould stipulate by application credit The documentary General requiredDocuments time issuanceat of the valid are issuedICC which CreditsPractice by Documentary for and The subject CustomscreditstoUniform documentaryare This transaction. commercial theandof underlying the conditions terms out setting Other documentation invoice forma / order/Pro of Confirmation ENCLOSURES www.handelsbanken.fi Finland FI-00100 Helsinki Aleksanterinkatu11 Address : int.+358 10 int.+358444 11 11010 444 Telephone HANDFIHH SWIFT + 010 444 2564 Telefax 358 10 444 2564 Page Page 2 (2)