Iraqi Sanctions Regulations License

No. IQ-\_\_\_\_\_\_\_\_

DIRECTIVE LICENSE

(Issued under the authority of Section 203 of the International

Emergency Economic Powers Act (50 U.S.C. Section 1702), Section 5 of

the United Nations Participation Act (22 U.S.C. Section 287c),

Executive Order Nos. 12722 of August 2, 1990 and 12724 of August 9,

1990, and Parts 501 and 575 of Title 31 of the Code of Federal

Regulations.)

To: \[ Bank \] ("Bank") Federal Reserve Bank of New

York

\[ Address \] 33 Liberty Street

New York, NY 10045

1\. Bank is hereby authorized, instructed, directed, and compelled to

take the following actions:

\(a\) Other than any amounts that may be covered by paragraph (b)

below, transfer the entire balance of account number
\_\_\_\_\_\_\_\_\_\_,

including interest accumulated in accordance with section 575.203 of

the Iraqi Sanctions Regulations, 31 CFR Part 575, and any other

accounts held in the name of the Government of Iraq, the Central Bank

of Iraq, Rafidain Bank, Rasheed Bank, or the State Organization for

Marketing Oil, all of which have been vested in the United States

Department of the Treasury, to account number on the

books of the Federal Reserve Bank of New York, ABA routing number

\_\_\_\_\_\_\_\_\_\_\_\_\_\_. This transfer shall be made as soon as
possible, and

no later than the close of business three (3) business days after the

date of this Directive License.

\(b\) Retain in blocked status any amount of any accounts of the

Government of Iraq, the Central Bank of Iraq, Rafidain Bank, Rasheed

Bank, or the State Organization for Marketing Oil you hold that, as of

\[INSERT DATE OF PRESIDENT'S ORDER\], was either:

\(i\) subject to the Vienna Convention on Diplomatic Relations or the

Vienna Convention on Consular Relations, or that enjoyed equivalent

privileges and immunities under the laws of the United States, and are

or have been used for diplomatic or consular purposes, or

\(ii\) subject to a writ of attachment or execution pursuant to section

201 of the Terrorism Risk Insurance Act of 2002 (Pub. L. No. 107-297),

including the writs that have been issued or currently apply in the

following litigation: Daliberti v. J.P. Morgan Chase Bank, Daliberti v.

Bank of New York, and Daliberti v. FRBNY in the U.S. District Court for

the Southern District of New York; Frazier v. J.P. Morgan Chase Bank,

Frazier v. Bank of New York, and Frazier v. FRBNY in the U.S. District

Court for the Southern District of New York; and Daliberti v. Powell in

the U.S. District Court for the District of Columbia. After such writ

litigation is resolved, any amounts you hold that have not been

executed upon and transferred to the judgment creditor(s) shall

immediately and without further action vest in the United States

Department of the Treasury and be transferred as instructed in this

Directive License.

\(c\) Within six (6) business days of the date of this Directive

License, a report shall be filed providing the amount transferred from

each account, the date of the transfer, and the destination of the

transfer. If any funds are retained pursuant to subsection 1(b), the

report shall state the amount retained and account number. The report

shall reference License No. IQ-\_\_\_ and be delivered to the Compliance

Programs Division, Office of Foreign Assets Control, Department of the

Treasury, 1500 Pennsylvania Ave, N.W., Annex, Washington, D.C. 20220,

by facsimile (202/622-2426) with original to follow by U.S. mail.

2\. Bank shall furnish and make available for inspection any relevant

information, records or reports requested by the Secretary of the

Treasury or any duly authorized officer or agency.

3\. This license does not excuse compliance with any law or regulation

administered by the Office of Foreign Assets Control or another agency

(including reporting requirements) applicable to the transaction(s)

herein licensed, nor does it release Bank or third parties from civil

or criminal liability for violation of any law or regulation.

Issued by direction and on behalf of the Secretary of the Treasury:

OFFICE OF FOREIGN ASSETS CONTROL

By
\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

R. Richard Newcomb

Director

Office of Foreign Assets Control

(Attention is directed to 18 U.S.C. \' 1001, 50 U.S.C. \' 1705, and 22

U.S.C. \' 287c(b), and \'586E of Pub. L. No. 101-513 for provisions

relating to penalties.)