ACCOUNT_JOB_COMPANY

ACCOUNT_ADDRESS_SINGLE_LINE

Letter of Comfort

To: LENDER 
LENDER_ADDRESS

28 April 2024

Dear Sirs/Madams, 

We refer to the agreement dated AGREEMENT_DATE (the "Loan Agreement") made between us (the "Lender") and BORROWER (the "Borrower").

We confirm and acknowledge that we are the legal and beneficial owner of PERCENT per cent of the total issued shares of the Borrower.

We hereby agree that we will not dispose of any of the shares held by us which would result in our shareholding in the Borrower being reduced to a minority and non-controlling shareholder without first having received your written consent.

We have reviewed the Loan Agreement and are familiar with its terms.

Further we confirm that we have a policy and will continue our policy of influencing the Borrower in such a way that it shall at all times meet its obligations towards its lenders and other creditors.

This document is governed by and are to be construed in accordance with English Law.

All disputes controversy, difference or claim arising out of or in connection with this document, including any question regarding its existence, validity or termination, or any dispute regarding non-contractual obligations shall be finally settled under the arbitration rules of the London Court of International Arbitration by one or more arbitrators appointed in accordance with the said rules. The seat of Arbitration shall be London and proceedings shall be conducted in English.

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