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i;' <br />BANK &WEST" <br /> <br />BANK OF THE WEST <br />TRADE CENTER OP'S - LOS ANGELES <br />1977 SATURN STREET, SC-MPK-02-G <br />MONTEREY PARK, CA 91755 <br />TEL: 323-727-6340 <br />FAX:323-727-6405 <br />SWIFT: BWSTUS66LAX <br />THE ORIGINAL SIGNED LETTER OF CREDIT AND ANY AMENDMENTS WILL BE PRESENTED TO THE BANK BY THE <br />BENEFICIARY ALONG WITH ANY DRAFT PRESENTED PURSUANT TO THIS LETTER OF CREDIT, AND WILL BE <br />SURRENDERED TO THE BANK WITH ANY DRAFT WHICH DRAWS THE FULL AMOUNT, OR THE BALANCE REMAINING <br />AVAILABLE, UNDER THIS LETTER OF CREDIT. DELIVERY OF THE ORIGINAL LETTER OF CREDIT, SIGHT DRAFT(S) <br />AND ALL OTHER DOCUMENTS REQUIRED AS A CONDITION PRECEDENT FOR PAYMENT, MAY BE MADE BY <br />OVERNIGHT COURIER TO THE BANK. EACH PAYMENT ON A DRAFT SHALL REDUCE THE AGGREGATE ABOVE <br />WRITTEN AMOUNT BY THE AMOUNT DRAWN. <br />THIS LETTER OF CREDIT IS SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (1993 <br />REVISION), INTERNATIONAL CHAMBER OF COMMERCE - PUBLICATION NO. 500 (THE "UCP500") AND SHALL BE <br />GOVERNED BY THE LAWS OF THE STATE OF COLORADO WITH RESPECT TO SUBJECT MATTERS NOT <br />ADDRESSED BY THE UCP500. IN THE EVENT OF AN ACTION BETWEEN THE BENEFICIARY AND THE BANK <br />REGARDING THIS LETTER OF CREDIT, THE BANK SUBMITS.TO THE JURISDICTION AND VENUE OF THE DENVER <br />DISTRICT COURT, STATE OF COLORADO. THE BANK AGREES TO ACCEPT SERVICE OF PROCESS IN ANY SUCH <br />ACTION, IF SERVICE IS MADE BY REGISTERED OR CERTIFIED MAIL (RETURN RECEIPT REQUESTED) OR COURIER <br />SERVICE, POSTAGE OR DELIVERY FEE PREPAID, TO THE ADDRESS OF THE BANK SET FORTH ABOVE. <br />IF ANY EXPIRATION DATE SPECIFIED HEREIN SHALL FALL UPON A DAY OTHER THAN A REGULAR BUSINESS DAY <br />OF THE BANK, THE EXPIRATION DATE SHALL IPSO FACTO BE EXTENDED TO THE CLOSE OF BUSINESS ON THE <br />NEXT SUCCESSIVE BUSINESS DAY OF THE BANK. <br />AUTHORIZED SIGNATURE THORIZED SIGNATU <br />TRADE CENTER OPERATIONS tqADE CENTER OPERA ONS <br />TEAM NO 02 TEAM NO 02 <br /> <br />Page 2 of 2 <br />075-40022 (08/02)