CHANGE IN TRANSIT DUES MODALITY

A sum of 15 U.S.D. is collected if the currency of the transit dues is changed after the vessel's transit.

LETTER OF BANK GUARANTEE:

We Hereby Guarantee to pay to M/S Suez Canal Authority

Value................................................................

For....................................................................

This Bank Guarantee sum should be payable to M/S Suez Canal Authority upon First DEMAND without Proof or Conditions.

This Guarantee is valid Till.....................................................

And will be automatically Renewed Till the Date of ...........................