Article 4. Expenses, Fees

1. The Borrower agrees, whether or not any of the transaction hereby contemplated are consummated (except where the transaction are not consummated due to the Lender’s default to bear and pay all reasonable expenses including but not limit to the legal fees incurred by the Lender in relation to the negotiation, preparation, modification and execution of this Agreement (hereinafter called ‘the Documentation Expenses’), the Borrower shall reimburse the Lender within thirty (30) days after receipt by the Borrower of the Lender’s reasonably is ported invoices for the Documentation Expenses. The amounts the Documentation Expenses to be reimbursed by the Borrower as the Documentation Expenses incurred during the due period and including the Drawdown Date shall not exceed One The sand United States Dollars (USD 1,000) as far as the expenses are imposed by Russia, United Kingdom and Japan.

2. If the Borrower fails to pay when due any amount hereunder Borrower shall pay upon demand with supported invoices further amounts as shall be sufficient to cover the reason, costs, and expenses, including reasonable legal fees, incurred the Lender in enforcing any of its rights hereunder (Enforcement Expenses). The Documentation Expenses and the Enforcement Expenses are hereinafter collectively referred to as ‘Expenses’.

3. The Borrower shall bear all its own costs and fees including legal fee for Borrower’s legal opinion.

4. As a management fee, the Borrower shall pay to the Lender amount of Four Thousand Ninety Six point Zero Two United States Dollars (USD 4,096.02), hereinafter called ‘the agreement Fee’, within thirty (30) days after signing this Agreement, the Management Fee shall be nonrefundable.

Unit 4

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