WE WILL ONLY EFFECT SUCH PAYMENT BY FED WIRE TO A U.S. REGULATED BANK, AND
WE AND/OR SUCH OTHER BANK MAY RELY ON AN ACCOUNT NUMBER SPECIFIED IN SUCH
INSTRUCTIONS EVEN IF THE NUMBER IDENTIFIES A PERSON OR ENTITY DIFFERENT FROM THE
INTENDED PAYEE.
THIS LETTER OF CREDIT IS SUBJECT TO THE INTERNATIONAL STANDBY PRACTICES ISP98,
INTERNATIONAL CHAMBER OF COMMERCE, PUBLICATION NO. 590 ("ISP98").
IF YOU HAVE ANY QUESTIONS REGARDING THIS TRANSACTION, PLEASE CONTACT: AT 408- ,
ALWAYS QUOTING OUR LETTER OF CREDIT NO.SVBSF .
SILICON VALLEY BANK
[BANK USE] [BANK USE]
AUTHORIZED SIGNATUREAUTHORIZED SIGNATURE
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Exhibit 10.2
...............................................................
Authorized Signature
(BENEFICIARY'S NAME)
TO: SILICON VALLEY BANK 3003 TASMAN DRIVE SANTA CLARA, CA 95054
AT SIGHT OF THIS DRAFT
PAY TO THE ORDER OF US$ US DOLLARS
DRAWN UNDER SILICON VALLEY BANK, SANTA CLARA, CALIFORNIA, STANDBY LETTER OF
CREDIT NUMBER NO. DATED
REF. NO.
DATE:
EXHIBIT A
GUIDELINES TO PREPARE THE DRAFT
1.
DATE: ISSUANCE DATE OF DRAFT.
2.
REF. NO.: BENEFICIARY'S REFERENCE NUMBER, IF ANY.
3.
PAY TO THE ORDER OF: NAME OF BENEFICIARY AS INDICATED IN THE L/C.
4.
US$: AMOUNT OF DRAWING IN FIGURES.
5.
USDOLLARS: AMOUNT OF DRAWING IN WORDS.
6.
LETTER OF CREDIT NUMBER: SILICON VALLEY BANK'S STANDBY L/C NUMBER THAT PERTAINS
TO THE DRAWING.
7.
DATED: ISSUANCE DATE OF THE STANDBY L/C.
8.
BENEFICIARY'S NAME: NAME OF BENEFICIARY AS INDICATED IN THE L/C.
9.
AUTHORIZED SIGNATURE: SIGNED BY AN AUTHORIZED SIGNER OF BENEFICIARY.
IF YOU HAVE QUESTIONS RELATED TO THIS STANDBY LETTER OF CREDIT PLEASE CONTACT US
AT .
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Exhibit 10.2
EXHIBIT B TRANSFER FORM
DATE:
TO: SILICON VALLEY BANK
3003 TASMAN DRIVERE: IRREVOCABLE STANDBY LETTER OF CREDIT
SANTA CLARA, CA 95054NO. ISSUED BY DIVISION.SILICON VALLEY
BANK, SANTA CLARA STANDBY LETTERS OF CREDITL/C AMOUNT:
LADIES AND GENTLEMEN:
FOR VALUE RECEIVED, THE UNDERSIGNED BENEFICIARY HEREBY IRREVOCABLY TRANSFERS TO:
(NAME OF TRANSFEREE)
(ADDRESS)
ALL RIGHTS OF THE UNDERSIGNED BENEFICIARY TO DRAW UNDER THE ABOVE LETTER OF
CREDIT UP TO ITS AVAILABLE AMOUNT AS SHOWN ABOVE AS OF THE DATE OF THIS
TRANSFER.
BY THIS TRANSFER, ALL RIGHTS OF THE UNDERSIGNED BENEFICIARY IN SUCH LETTER OF
CREDIT ARE TRANSFERRED TO THE TRANSFEREE. TRANSFEREE SHALL HAVE THE SOLE RIGHTS
AS BENEFICIARY THEREOF, INCLUDING SOLE RIGHTS RELATING TO ANY AMENDMENTS,
WHETHER INCREASES OR EXTENSIONS OR OTHER AMENDMENTS, AND WHETHER NOW EXISTING OR
HEREAFTER MADE. ALL AMENDMENTS ARE TO BE ADVISED DIRECTLY TO THE TRANSFEREE
WITHOUT NECESSITY OF ANY CONSENT OF OR NOTICE TO THE UNDERSIGNED BENEFICIARY.
SIGNATURE AUTHENTICATED
The name(s), title(s), and signature(s) conform to that/those on file with us
for the company and the signature(s) is/are authorized to execute this
instrument.
(Name of Bank) (Address of Bank) (City, State, ZIP Code)
(Authorized Name and Title)
(Authorized Signature) (Telephone number)
THE ORIGINAL OF SUCH LETTER OF CREDIT IS RETURNED HEREWITH, AND WE ASK YOU TO
ENDORSE THE TRANSFER ON THE REVERSE THEREOF, AND FORWARD IT DIRECTLY TO THE
TRANSFEREE WITH YOUR CUSTOMARY NOTICE OF TRANSFER.
SINCERELY,
(BENEFICIARY'S NAME)
(SIGNATURE OF BENEFICIARY)
(NAME AND TITLE)
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