巴克莱银行版本[].doc

DEED OF AGREEMENT Date: October 16, 2015 This agreement is made and entered into this day October 16, 2015, by and between the parties described below: Please indicate which type of instrument you require: Standby Letter of Credit 500 Miliion EUROS with Rolls and Extensions up to €5 Billion EUROS THE PROVIDER Corporate Name Conundrum Capital LLC Mailing Address Represented By William Smallwood, c/o: Douglas Fancher, CEO Designation Mandate Passport No. Nationality Email Address and THE RECEIVER Corporate Name TEXAS PETROLEUM GROUP (HK) LIMITED Mailing Address FLAT/RM 909B 9/F TWO GRAND TOWER 625 NATHAN ROAD KL Represented By FANG QISHEN Designation CEO Passport No. Nationality CHINESE Email Address tiande606@163.com WHEREAS. The Receivers desires to discount Bank Instrument (SBLC) from the Provider. Receiver confirms with full corporate and legal responsibility that funds available to fulfill the requirements for the discount of this instrument is ready and Receiver further confirm to cooperate with the Provider. WHEREAS. The Provider desires to, transfer and assign all rights, titles and interests of the SBLC available to it to the Receiver. Provider represents and warrants that it has the ability and resource to arrange through associates, contracts and sources, with full corporate responsibility, financial instrument in the term of assignments to be provided to Receiver. Provider hereby declares under penalty of perjury that the SBLC will be backed by funds/Assets that are good, clean, cleared of non-criminal origin, the SBLC will be free and clear of all liens, encumbrances and third party interests. NOW THEREFORE, The Receiver has agreed to discount the SBLC at 46%+2% of Face Value for the instrument requested and Provider has agreed to issue SBLC for sale and both Parties hereby agree to the following: INSTRUMENT DESCRIPTION: 1. Instrument Cash Backed Standby Letter of Credit (SBLC) ICC 600 2. Total Face Value First Tranch