LETTER OF ARRANGEMENT

IF-3

LETTER OF ARRANGEMENT

To	Date:24/01/2013

The Manager

Social lslami Bank Limited

Bangshal Branch

45, Banshal Road, Dhaka-1100

Dear Sir,

Assalamu Alaikum.

ln consideration of your Management having agreed to grant a financial assistance of Tk. 130000000.00 (Taka THIRTEEN CRORE ONLY) Only in our favor against SIBL/HO/IRMD/2013/ 178 dated: 16.01.2013 we agree to the following conditions:

(1)  The Bank has right to cancel the limit at their discretion without prior notice.

(2)  lf due to oversight or otherwise our debit balance shows an excess over drawing                                  power, we undertake to adjust it immediately either by depositing cash, cheque etc

(3)  If due to maintaining of account un-satisfactorily or otherwise for any reason whatsoever, the Bank Considers it necessary to cancel the accommodation with or without any notice, we hereby undertake to adjust our account within twenty four hours of the receipt of such intimation from the Bank either verbal or in writing.

(4)  We agree to pay monthly installment profit / rent at the rate of Tk. on the monthly rest of debit balance of our account.

We having read and understood, agree to abide by the above terms and conditions.

Yours faithfully,

AUTHORISED SIGNATURE