Date:………………………………

Undertaking

Whereas ………………………………….. (“Company”) is going to transfer

money to....................................... (“Beneficiary”) as requested in writing by
……………………………. (“Contractor”) due to the commercial relationship
between the Company and the Contractor; therefore, the Beneficiary represents and
warrants that neither it nor any of its subsidiaries, directors, officers, agents,
employees or affiliates are currently subject to any international sanctions. The
Beneficiary further represents, warrants and undertakes that it is not, and shall not
become, located or domiciled in any country is designated as a country that dealing
should be restricted with under any international laws (“Prohibited Country”).
The Beneficiary represents, warrants and undertakes that it is not, and shall not
become, a branch, subsidiary or affiliate of any entity that is domiciled in a
Prohibited Country. The Beneficiary represents, warrants and undertakes that it
does not engage, either directly or indirectly, in commercial activity of any kind
with any person or entity located in any Prohibited Country. The Beneficiary
undertakes not to use the transferred money for any transaction with any individual
or entity located in a Prohibited Country. The Beneficiary represents, warrants and
undertakes that it is not using the transferred money in any unlawful activity or in
violation of any Anti-Terrorism Laws. The Beneficiary represents and warrants
that it is in compliance and will continue to comply with the international Anti-
Money Laundry Acts and applicable rules thereunder.

….. (Beneficiary) …..

Represented by …..