CIB Registration Form

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    Corporate Internet Banking

    Registration Form

    Section 1 - Company Profle

    1.1 Company Details

    Company Name:

    Valid CR No.:

    Company Address:

    Telephone Number/Mobile No.:

    Company Web Address:

    1.2 Representative Contact DetailsPrimary Contact Person:

    Valid QID No.:

    Title: First Name Last Name

    E-mail Address:

    Secondary Contact Person:

    Valid QID No.:

    Title: First Name Last Name

    E-mail Address:

    Section 2 - Services Required

    Please provide a tick against the service(s) required.

    CIB - Complete section 4

    Enquiry Reporting Merchant A/C Instructions Trade Finance

    Section 3 - Billing Inormation

    RSA Token Charge - Debit A/C

    For Bank Use Only

    Transactional sales (BDM)

    Credit Ofcer Tel: Email:

    Admin Assistant Email:

    Risk Ofcer

    CIB Terms o Service

    Utility PaycardBook

    Transer

    Third Party

    Transer

    Telex

    TranserDrat

    Cheque

    Book Request

    Bulk

    Remittance

    Payment Type Required

    Preerential FX Rates (i any)

    Trade Finance L/C L/G Collection

    Advice Delivery Method (MT103) eMail eMail eMail eMail N/A eMail

    SMS Notifcation SMS SMS SMS SMS SMS SMSDelivery o User ID & Password Through Email

    Delivery o RSA Secure ID Courier or Hand delivery

    Transaction Charges (QAR) Free Charge Charge Charge N/A N/A

    One-time: Installation + RSA Token

    1 1.1

    :

    : :

    : / :

    1.2: :

    :

    : :

    : :

    2

    / 4

    3

    : -

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    Section 4 - CIB (Continued)

    4.3 RSA Token Request or users (Hotmail IDs not acceptable)

    Do not pay cash on receipt o the token(s).

    Name of User:

    Preerred User name:

    Signature

    Department Name:

    e-Mail Address:

    //// :Group: A/B/C/D/E

    Mobile No.:

    Name of User:

    Preerred User name:

    Signature

    Department Name:

    e-Mail Address:

    //// :Group: A/B/C/D/E

    Mobile No.:

    Name of User:

    Preerred User name:

    Signature

    Department Name:

    e-Mail Address:

    //// :Group: A/B/C/D/E

    Mobile No.:

    Name of User: Preerred User name: Signature Department Name:

    e-Mail Address:

    //// :Group: A/B/C/D/E

    Mobile No.:

    Name of User:

    Preerred User name:

    Signature

    Department Name:

    e-Mail Address:

    //// :Group: A/B/C/D/E

    Mobile No.:

    4.4 Debit Account Set-up (Payment Initiation)

    The Company reeres to our agreement or Commercialbanks Payment Services. Please nominate the accounts(s) listed below and/or on the

    attached addendum, or use by this service. This supersedes any prior nomination.

    Account Name

    Account Number

    Currency

    ) ( Other Instruction (I any)

    150 )Hotmail ( 4.3

    ) ( 4.4

    / / / . . .

    )( 4

    /.

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    Section 4 - CIB (Continued)

    4.5 Signing Limit Matrix & Levels

    Please Indicate Base Currency i not the local currency:

    Group A

    Group B

    Group C

    Group D

    Group E

    Single Limit

    Single Limit

    Single Limit

    Single Limit

    Single Limit

    Dual With B

    Dual With B

    Dual With A

    Dual With A

    Dual With A

    Dual With C

    Dual With C

    Dual With B

    Dual With B

    Dual With B

    Unspecifed

    Dual With D

    Dual With C

    Dual With C

    Dual With C

    Releaser

    Pre-Releaser

    Validator

    Checker

    Originator

    I / We acknowledge that my/our use o the service(s) required will be governed by the relevant terms and conditions applicable to such

    services(s) as indicated below and terms & conditions o related documents (Terms & Conditions). I / We hereby certiy that the inormation

    provided in this orm is and will be true and accurate at all times and, i it is not, I/We will notiy you o the inaccuracy o such inormation and

    orthwith provide to you the up-to-date inormation.

    Customer

    Authorised signatory or the Company Authorised signatory or the Company

    Name: Name:

    QID No: QID No:

    Title:

    Signature: Signature:

    Date: Date:

    )( 4 4.5

    / / / / / ) (

    / .

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    TERMS AND CONDITIONS

    FOR CORPORATE INTERNET BANKING

    CORPORATE INTERNET BANKING AGREEMENT (Mandatory)

    This Agreement is made in Doha,

    State of Qatar on ................................................... (the Signing Date)

    by and between:

    The Commercialbank of Qatar (Q.S.C.), CR No. 150, with address at

    3232, Doha, Qatar

    represented by its authorised signatory

    Mr. ............................................................................................. in his

    capacity as ................................here in after referred to as (the Bank)

    and..................................................................................... Company,

    CR No. ....................................................................., with address at

    ......................................................................................, Doha, Qatar

    represented by its authorised

    signatory Mr. .....................................................................................,

    ID No. ................................ in his capacity as ....................................

    and Mr. ...............................................................................................

    ID No. ................................. in his capacity as ..................................

    hereinafter referred to as (the Corporate

    1. INTRODUCTION

    1.1 The Corporate wishes to use the Corporate Internet Banking

    service (the Online Service) provided by The Commercialbank

    of Qatar (Q.S.C.) and The CommercialBank of Qatar (Q.S.C.) is

    willing to make the service available to the Corporate.

    1.2 The Commercial Bank of Qatar (Q.S.C.) and the Corporate agree

    that the Corporate Internet Banking service shall be supplied to

    the Corporate by providing the Corporate with an online account

    through which the Corporate can access the Accounts it holdswith Commercialbank, send Instructions to the Bank, and submit

    requests. The provision of the Corporate Internet Banking service

    is subject to acceptance of these Terms and Conditions which

    the Bank may amend from time to time as it reasonably sees

    necessary at its absolute discretion and without prior notice to, or

    consent of, the Corporate.

    2. DEFINTIONS AND INTERPRETATIONS

    2.1 Defined terms used in this Agreement are set out below:

    Account(s) means any bank accounts held with The Commercial

    Bank of Qatar (Q.S.C.), including but not limited to current

    accounts, savings accounts, call accounts, deposit accounts,

    tumuh accounts, and investment accounts.

    Agreement means the Corporate Internet Banking Agreement

    entered into between The Commercial Bank of Qatar (Q.S.C.) and

    the Corporate for the provision of a Corporate Internet Banking

    account through which Corporates can access and operate their

    Accounts held with the Bank.

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    Bank means The Commercial Bank of Qatar (Q.S.C.) or

    Commercialbank.

    Business Day means presently Sundays to Thursdays (bothdays inclusive) excluding public holidays. For a transaction to be

    carried out on an immediate business day, Instructions must be

    submitted before the cut off time of that business day.

    Corporates and their Delegates should refer to Clause 6.11

    regarding Instructions that may not be possible to be carried out

    on the immediate business day an Instruction is submitted.

    Corporate shall mean an entity, other than Personal Customers,

    that maintains an Account relationship with the Bank and wishes

    to utilize the Corporate Internet Banking service through a

    Delegate.

    Cut-off Times shall mean the cut off time for Instructions to be

    acted on by the Bank.

    The Cut-off time is currently 1.00 pm Qatar time, Sunday through

    Thursday.

    Delegate shall mean the individual nominated by the Corporate

    to access the Online Service on behalf of the Corporate and

    authorised to use the Online Service to submit Instructions in the

    name of the Corporate.

    Instruction shall mean any request or instruction, including but

    not limited to instructions concerning Trade Finance, submitted

    to the Bank by the Delegate through the Online Service.

    Online Service means the Corporate Internet Banking service

    provided by the Bank to the Corporate whereby the Corporate,

    through its Delegates, may access Account information and

    convey Instructions to the Bank in respect of certain Accounts

    held by the Corporate with the Bank. Not all Accounts may be

    accessed through the Online Service; for details of Accounts

    currently available on the Online Service, please refer to the Help

    link within the Online Service.

    Trade Finance shall mean Letter of Credit (including import and

    export); Letters of Guarantee (including Performance Bond;

    Tender Bonds; and Payment Guarantees); and Collection.

    Authentication Level shall mean User ID, Passcode and

    Password.

    User ID means User name to be entered by the Delegate to gain

    access to the Online Service and which the Bank uses to identify

    the user.

    Passcode means the RSA token provided to the Delegate which

    is an electronic token that generates a new passcode access

    number every 60 seconds and which must be used in conjunction

    with the User ID and Password to gain access to the Online

    Service.

    Terms means these Terms and Conditions, together with

    information contained within the Help link of the Online Service,

    and any supplementary terms which the Bank notifies to the

    Corporate through the Online Service, as amended from time to

    time.

    Time means Qatar local time.

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    Value Date shall mean the date an Instruction is submitted to the

    Bank.

    The clause headings in these Terms and Conditions are for easeof reference only.

    3. CORPORATE AUTHORIZATION

    The Corporate must nominate two (2) authorised representatives

    to act as Delegates of the Corporate authorised to access the

    Online Service on behalf of the Corporate and to submit Instructions.

    The nominees must be notified to the Bank immediately upon

    application for use of the Online Service. If the nominees are not

    named in the Corporates Commercial Registration , the Bank will

    require a corporate board resolution in a form acceptable to the

    Bank and in conformity with the Corporates Memorandum and

    Articles of Association or equivalent constitutional documents

    naming the appointees as Delegates empowered to use theOnline Service on behalf of the Corporate. The board resolution

    should explicitly state who the Delegates are and what authority

    and limitations they have and must be submitted before the Online

    Service will be provided to the Corporate and access granted to

    the Delegates.

    4. SECURITY DUTIES AND OBLIGATIONS OF THE

    CORPORATE AND DELEGATE

    4.1 The Corporate and its nominated Delegates agree to comply with

    these Terms and any security procedures mentioned herein.

    4.2 Delegates must keep the User ID and Password secure and secret

    at all times and take all reasonable steps to prevent unauthorisedaccess to and use of them.

    4.3 The Delegate must advise the Bank immediately of any

    unauthorised access to the Online Service or any unauthorised

    Instruction which the Delegate knows of or suspects or if the

    Delegate suspects that someone else knows the Delegates

    Password. In such an event the Delegate must change their

    Password immediately through the Online Service. The Bank may

    request the Delegate to assist the Bank and the police in trying to

    recover any losses incurred by unauthorised access to the Online

    Service. The Bank may disclose information about the Corporate

    or the Corporates Accounts to the police or other authorised third

    parties if the Bank believes it will help prevent or recover losses.

    4.4 The Delegate agrees to check carefully and regularly its records of

    transactions and statement of Accounts with the Bank and inform

    the Bank immediately of any discrepancy.

    4.5 The Corporate agrees to keep the Bank indemnified against all

    actions, proceedings, costs, losses and damages of any kind

    which the Bank may suffer as a result of the Bank acting on

    Instructions of the Delegate, or as a result of a Delegates failure to

    comply with its security duties and obligations under this Clause

    5. ACCOUNT TYPES AND ACCESS TO CORPORATE

    ACCOUNTS

    5.1 The Corporate, through its Delegates, may request the Bank

    to provide or withdraw the Online Service, to request additionalAccounts opened at any time with the Bank be added to their

    online account and to issue Instructions. Any Accounts for which

    the Online Service are provided will be subject to these Terms and

    the board resolution (if any) provided by the Corporate at the time

    of the creation of the Online Service.

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    5.2 All Accounts the Corporate holds with the Bank are available to

    be added to the Online Service. The Delegate may de-select the

    availability of certain Accounts on the Online Service through the

    relevant screen page. Any Account opened via the Online Servicewill be automatically added to the service; Accounts opened

    through any other means will be available for selection from the

    relevant screen page within the Service.

    6. INSTRUCTIONS

    6.1 Instructions submitted by the Delegate will be accepted by the

    Bank only if and once the authenticity of the User ID, Passcode

    and Password have been verified by the system.

    6.2 The Corporate authorizes the Bank to rely and act upon all

    Instructions as instructions properly authorised and submitted

    by the Delegate, even if they conflict with any other mandate

    previously given to the Bank at any time concerning theCorporates Accounts or affairs.

    6.3 The Corporate authorizes the Bank to debit the Corporates

    Accounts with any amounts the Bank has paid or incurred in

    acting in accordance with any seemingly valid and authorised

    Instructions.

    6.4 The Corporates liability for transactions or Instructions not

    genuinely authorised or conveyed by the Delegate will be limited

    as set out in Clause 7 (Liability for Unauthorised Instructions)

    below.

    6.5 The Bank may refuse to act on an Instruction if, for example, a

    transaction exceeds a particular value or other limit or if the Bank

    knows of or suspects a breach of security. Please refer to the

    Help link within the Online Service for details of limits imposed

    on transactions carried out through the Online Service. The Bank

    will notify the Corporate of any changes to these limits.

    6.6 The Bank will not be liable for any failure by any third party

    financial institution with which the Corporate holds accounts or

    any other third party, to execute instructions, nor for any delay or

    other shortcoming of any such party in connection with the Bank

    executing Instructions, howsoever caused.

    6.7 The Bank may suspend any service provided to the Corporate

    under the Online Service without notice where the Bank considers

    it necessary or advisable to do so.

    6.8 The Bank will use reasonable efforts to inform the Corporate

    through the Online Service and/or the Banks website if any

    service within the Online Service is not available without undue

    delay.

    6.9 Where the Delegate so requests, the Bank will make reasonable

    efforts to modify, not process or delay processing any Instruction

    submitted by the Delegate but the Bank shall not be liable for any

    failure to fulfill such requests unless it is due to the Banks failure

    to make reasonable efforts to do so.

    6.10 The Delegate must ensure that any Instructions submitted by

    them are accurate and complete; the Bank will not be liable if this

    is not the case.

    6.11 An Instruction being carried out is not always simultaneous with an

    Instruction being given; some matters may take time to process,

    in particular after Cut-off Times and during certain periods of time

    when the Online Service may be suspended for maintenance or

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    other reasons. The Delegate can find further details regarding this

    on the Help link within the Online Service.

    6.12 The Bank shall carry out post-dated transaction on the post-dated date or on the Business Day following the indicated date if

    the date indicated is not a Business Day.

    6.13 When using the Online Service to effect payments overseas, or to

    non-resident Accounts, the Delegate undertakes to:

    a) Submit satisfactory supporting evidence that the Bank may

    require, i.e. invoice, valid trade import license (if applicable),

    contracts, statement of Accounts, or sales reports. Such

    documentation must be submitted to the Bank within two (2)

    business days from the date the transaction is processed. In the

    event of an investigation or a random check described in Clause

    6.14 below such documentation must be submitted within two (2)

    business days from receiving such a request.

    The Delegate must indicate the Online Service reference number

    (as indicated in the Account statements) and the date of payment

    on each document submitted.

    b) Retain for a period of three (3) years from the date the payment

    is processed original copies of supporting evidence where such

    evidence is submitted to the Bank by electronic means.

    6.14 The Corporate authorises the Bank to conduct random checks

    on the supporting evidence mentioned in Clause 6.13.a above for

    the Bank to ensure that Corporates and Delegates are compliant

    with regulatory requirements in respect of payments overseas or

    to non-resident accounts. The Corporate accepts and hereby

    authorizes the Bank to disclose to Qatar Central Bank and any

    other government regulatory authority any information required in

    connection with any transactions performed through the Online

    Service.

    6.15 Any breach of the law and/or failure to submit to the Bank the

    supporting evidence in accordance with Clause 6.13.a above will

    result in the automatic suspension of the Online Service provided

    to the Corporate. Qatar Central Bank will be notified accordingly.

    6.16 The Delegate warrants that all details submitted under Online

    Service are true and correct and that any foreign currency will be

    used solely for the purpose stated.

    6.17 Foreign currency transactions will be converted at the rate ofexchange applicable at the time of processing by the Bank. The

    Bank reserves the right to suspend all or any part of a functionality

    which requires the use of an exchange rate if there are valid

    reasons for doing so, including but not limited to during a volatile

    market.

    6.18 In the event of rejection of a transaction because of incomplete

    Instructions, information, or insufficient funds in the Corporates

    Account any costs, losses and expenses arising therefrom will be

    for the Corporates Account.

    6.19 The attention of Corporate and Delegates is drawn to their duty

    to abide by the laws of the State of Qatar and any regulatory

    provisions of Qatar Central Bank including regulations pertainingto the prevention of terrorism, financing, and anti-money

    laundering.

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    9

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    7. LIABILITY FOR UNAUTHORISED INSTRUCTIONS

    7.1 The Corporate will be responsible for all losses including the

    amount of any transaction carried out without the Corporatesauthority, if such losses result from any seemingly valid and

    authorised Instructions.

    7.2 Once the Delegate has notified the Bank of any unauthorised

    access to the Online Service or unauthorised Instruction or the

    Delegate suspects someone may know the User ID and Password,

    and once the Bank has acknowledged receiving such notice, the

    Corporate will not be responsible for any unauthorised Instructions

    carried out after notifying the Bank and after reasonable time

    for the Bank to suspend the Online Service in respect of the

    Corporates Account(s) unless it is established that the Corporate

    and/or its Delegates have acted fraudulently or negligently.

    8. OBLIGATIONS OF THE BANK

    8.1 In the case of an error relating to the Online Service, the Bank will

    take all reasonable steps to correct the defective service and/or

    retransmit or reprocess any Instructions at no additional cost to

    the Corporate.

    8.2 In the event that the Bank has levied any charge on the Corporate

    which is specifically expressed to be for a particular service

    which has not been or is not currently available on the Online

    Service (which, for the avoidance of doubt, shall not mean any

    fee charged for the Online Service under Clause 9 (Fees) below)

    then the Bank will reimburse the Corporate only this sum. Other

    than reimbursing any fee as set out herein the Bank will have no

    further liability to the Corporate.

    8.3 The Bank will not be liable to the Corporate for any loss or damage

    arising out of the Corporates use of Online Service through any

    unauthorised or fraudulent use on the part of the Delegate or

    caused by any breach of contract, or any negligence of the Bank,

    to the extent that such loss or damage is indirect, consequential

    or special, whether or not the Bank has been advised of the

    possibility of such loss or damage.

    8.4 The Bank does not exclude or limit liability for loss of interest on

    the Corporates credit balances or interest incurred on the debit

    balances as a result of a Delegates Instruction that the Bank

    has processed in breach of the Banks duties to the Corporate

    hereunder.

    8.5 The Bank is not liable if an act or omission on the Delegates part,

    by way of negligence, tort or default, contributes to the cause of

    such loss.

    8.6 The Corporate acknowledges that the Bank shall have no liability

    whatsoever for any equipment, software or associated user

    documentation which any party other than the Bank produces at

    any time for use in connection with the Online Service.

    8.7 The Bank will not be liable to the Corporate for any loss or damage

    arising out of the Delegates use of Online Service to the extent

    that such loss or damage is a loss of profits, a loss of data or

    whether or not the Bank has been advised of the possibility of

    such loss or damage.

    8.8 Nothing in these Terms and Conditions or this Clause 8 shall

    limit the Banks liability for gross negligence or fraudulent

    misrepresentation.

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    10

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    9. FEES

    The Corporate agrees to pay the Banks scale of charges (if any)

    for providing the Online Service as the Bank may advise theCorporate from time to time and authorizes the Bank to debit any

    (or as specified by the Corporate) Accounts held by the Corporate

    with any such charges. The Bank may vary its charges and the

    frequency and dates of payment on giving the Corporate no less

    than thirty (30) days notice.

    LIABILITY FOR INSTRUCTIONS ISSUED THROUGH

    TELEPHONE, FACSIMILE, TELEX, EMAIL OR ANY SIMILAR

    ELECTRONIC MEANS

    The Bank shall be authorised (but not obliged) to rely on and act

    in accordance with any notice, demand or other communication

    relating to any transaction which has been issued or expected

    to be issued from time to time through telephone, facsimile,telex, email or any similar electronic means by the Corporate

    after inquiring about the authority or identity of the Delegate

    who has issued or expected to issue such notice, demand or

    communication.

    The Corporate shall pay all banking fees and expenses

    resulting from using telephone, facsimile, telex, email or any

    similar electronic means whether incurred by the Bank or any

    correspondent bank and the Bank shall not be liable for any error

    resulting from bona-fide relying or acting on any such notice,

    demand or communication.

    The Bank shall not be liable for any damages or losses sustained

    by the Corporate as a result of non-receipt or delayed receiptof instructions sent by the Corporate via telephone, facsimile,

    telex, email or any similar electronic means if such non-receipt or

    delayed receipt is caused by a third party service providers.

    10. ONLINE RECORDS AND TRANSACTION TERMS

    10.1 The Banks records, save for manifest error, will be evidence of

    the Corporates dealings with the Bank in connection with the

    Online Service.

    10.2 The Corporate agrees not to object to the admission of the Banks

    records as evidence in any legal proceedings because such

    records are not originals, are not in writing, or are documents

    produced by a computer.

    10.3 Where the Delegate gives the Bank an Instruction or request

    through the Online Service these Terms will apply in addition to:

    a) any terms and conditions applicable to the various services

    available on the Online Service (including but not limited to Trade

    Finance); and

    b) any terms and conditions applicable to the various Accounts

    held by the Corporate. In the event of any inconsistencies between

    the numerous terms and conditions, these Terms will apply.

    11. EXCEPTIONAL CIRCUMSTANCES

    The Corporate agrees to hold the Bank harmless from any and

    all claims and agrees that the Bank shall not be liable for delay in

    performing or failure to perform any of its obligations under this

    Contract caused by circumstances beyond its reasonable control,

    including but not limited to the failure, malfunction or unavailability

    of telecommunications, data communications and computer

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    11

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    systems and services; war; civil unrest; government action;

    strikes, or other industrial action or trade disputes; computer

    viruses; worms or other malicious code. Any delay or failure of this

    kind will not be deemed to be a breach of this Contract and thetime for performance of any affected transaction will be extended

    by a reasonable period under the circumstances.

    12. SOFTWARE LICENSE AND ENCRYPTION

    12.1 The Corporate will not be able to use the Online Service unless

    the software the Corporate is using has a minimum level of

    encryption. Further details of this can be found on the Help link

    within the Online Service.

    12.2 The Corporate agrees to be bound by the terms of the license or

    similar agreement governing the use of any software enabling the

    Corporate to access and use the Online Service, if the Corporate

    does not agree to such terms or agreement it should not utilizethe Service.

    12.3 The Corporate should be aware of any export restrictions

    contained in any software used to access and use the Online

    Service and should keep up to date with such restrictions and

    the other terms of the software license or other agreement by

    regularly checking the relevant software publishers website.

    12.4 The Bank uses a very high level of encryption and accordingly

    the Corporate should take advice from the local jurisdiction from

    which the Corporate is accessing the Online Service to ensure

    that the encrypted software can be taken into or out of and/or

    used in the relevant country or countries without breaching any

    applicable laws.

    13. NOTICES

    All notices and advices to be given by the Bank to the Corporate

    under this Contract may be given in writing or electronically over

    the Online Service. All such notices and advices will be deemed

    to have been received by the Corporate:

    a) In the case of delivery by post, 48 hours from dispatch to the

    last address provided by the Corporate; and

    b) In the case of notification via the Online Service when the

    Delegate acknowledges having read the notice or advice via the

    Online Service.

    14. CONFIDENTIALITY

    14.1 The Bank will take reasonable care to ensure that information

    about the Corporate which is stored or transmitted using the

    Online Service remains confidential and is not disclosed to any

    third parties without the Corporates written permission. However,

    the Corporate authorizes the Bank to disclose information relating

    to the Corporate and its Accounts where the Bank is obliged to

    comply with Court orders, government agencies or other lawful

    authorities anywhere in the world or where the Bank considers it

    necessary to give effect to an Instruction.

    14.2 In order to provide the Online Service, it may be necessary to

    store or transmit information relating to the Corporate and/or itsAccounts through the proprietary international telecommunications

    network or other communications networks. The Corporate

    hereby authorizes the Bank to do so where the Bank considers

    this necessary for the effective provision of the Online Service.

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    12

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    15. SUPPLEMENTARY TERMS AND CHANGES TO THE

    CONTRACT

    15.1 When the Bank introduces new services under the Online Servicethe Bank may provide them on supplementary terms which will

    be notified to the Corporate from time to time in accordance with

    these Terms.

    15.2 The Bank may modify these Terms at any time without notice to

    the Corporate as reasonably necessary for the effective operation

    of the Online Service.

    16. ANTI MONEY LAUNDERING

    It is understood by the Corporate that Account opening and

    availing of facilities offered by the Bank is subject to all information

    requested by the Bank and required in accordance with Qatar

    Central Bank anti-money laundering regulations and the Banksregulations and policies being provided by the Corporate; if the

    information criteria are not met or information so provided proves

    to be incorrect or fraudulent the Bank is under no obligation

    to, and has the absolute right to refuse to, offer any facilities to

    the Corporate. In the event of suspicion arising concerning the

    Corporates involvement in money laundering, terrorism financing

    or other illegal activities, Qatar Central Bank shall be notified

    accordingly of all such suspicion and the Bank may be required

    by Qatar Central Bank to set aside funds transferred to or held in

    the Corporates Accounts.

    17. TERMINATION

    17.1 The Online Service may be terminated at any time by the Corporategiving at least thirty (30) days notice in writing to the Bank. Such

    termination shall be without prejudice to the execution of all

    outstanding transactions entered into between the Bank and the

    Corporate.

    17.2 The Bank shall be entitled to terminate or suspend the Online

    Service at any time without prior notice if any of the following

    events occur:

    a) Failure by the Corporate to make, when due, any payment

    required to be made by it;

    b) Failure by the Corporate to comply with or perform any

    obligation under the Terms if such failure is not remedied within

    thirty (30) days from notice of failure;

    c) If a resolution is passed for the winding up or liquidation of the

    Corporate, or the Corporate becomes insolvent or is unable to

    pay its debts generally as they become due;

    d) A representation made or deemed to be made by the Corporate

    proves to be incorrect or misleading in any material respect when

    made or deemed to have been made;

    e) Upon court order; and

    f) Upon receiving instructions from any regulatory authority

    including Qatar Central Bank.

    17.3 The Bank shall be entitled to receive all fees and other monies

    due up to the date of termination of the Online Service and may

    deduct any sum payable to it from any amounts the Bank may be

    obliged to remit to the Corporate.

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    13

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    The Commercial Bank of Qatar (Q.S.C)P.O.Box 3232, Doha, State of Qatar

    Telephone: +974 4449 0000Fax: +974 4449 0070www.cbq.com.qa

    18. LANGUAGE

    This Agreement was drawn up in both Arabic and English

    languages, in case of any discrepancy between the texts, theArabic text shall prevail.

    19. GOVERNING LAW AND JURISDICTION

    19.1 The Corporate Online Service Agreement and these Terms and

    Conditions are governed by and construed in accordance with

    the laws of the State of Qatar.

    19.2 Both parties irrevocably submit to the non-exclusive jurisdiction of

    the courts of Qatar in respect of any proceedings, which may be

    initiated in connection with this Online Service.

    In Witness whereof, this Agreement has been signed on the date

    mentioned first above.

    Authorised Signatory for the Bank

    Name:

    Signature:

    Authorised Signatory(s) for the Corporate

    Name:

    Signature:

    Name:

    Signature:

    Corporates Stamp

    dG .18

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    .fhdEG

    QcG jQdG bJG g Y bdG ,S e Y kGOTEG

    .YCG

    dG Y bdH VG

    :SEG

    :bdG

    cdG Y bdH VG

    :SEG

    :bdG

    :SEG

    :bdG

    cdG N