Vetting of documents for the issuance of preference shares by Company

Our Ref: LJ/PJ/11/07                                                                  Dated: November 29, 2007

Mr. AFirst Asst. Vice President

Cr. Admn. Dept.

Bank 1

Head Office

Jiban Bima Bhaban (2nd Floor)

10, Dilkusha C/A

Dhaka – 1000

 Mr. BFirst Asst. Vice President

Cr. Admn. Dept

Bank 1

Head Office

Jiban Bima Bhaban (2nd Floor)

10, Dilkusha C/A

Dhaka – 1000

Dear Sirs,

RE:     Vetting of documents for the issuance of preference shares by Company 1.

We refer to the above subject.

You have provided the following documents for our vetting:

  • Subscription Agreement; and
  • Put Option Agreement

The above documents were drafted by us pursuant to the instruction given to us by IDLC  in accordance with the terms and conditions contained in the ‘Summary of Issue Terms’ provided to us.

The above documents shall protect the interest of Bank 1, a subscriber of the Preference Shares of Company 1 in accordance to the terms therein. Nevertheless, please check all commercial terms and conditions.

All documents referred to us are returned herewith.

Thanking you.

Yours faithfully,

____________________________Advocate

Drafted By:

 The Lawyers & Jurists
M.L.Hotel Tower Ltd, 208, Shahid Syed Nazrul Islam Sarani,
Bijoy Nagar, Dhaka-1000.
www.lawyersnjurists.com


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