OFFICIAL DOCUMENTS LOAN NUMBER 8644-TN Guarantee Agreement (Additional Financing for the Northern Tunis Wastewater Project) between REPUBLIC OF TUNISIA and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated November 30,2016 LOAN NUMBER 8644-TN GUARANTEE AGREEMENT AGREEMENT, dated November 30, 2016, entered into between REPUBLIC OF TUNISIA ("Guarantor") and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT ("Bank") ("Guarantee Agreement") in connection with the Loan Agreement of same date between the Bank and OFFICE NATIONAL DE L'ASSAINISSEMENT ("Borrower") ("Loan Agreement"). The Guarantor and the Bank hereby agree as follows: ARTICLE I - GENERAL CONDITIONS; DEFINITIONS Section 1.01. The General Conditions (as defined in the Appendix to the Loan Agreement) constitute an integral part of this Agreement. Section 1.02. Unless the context requires otherwise, the capitalized terms used in this Agreement have the meanings ascribed to them in the General Conditions or in the Loan Agreement. ARTICLE II - GUARANTEE Section 2.01. The Guarantor declares its commitment to the objective of the Project. To this end, without limitation or restriction upon any of its other obligations under the Guarantee Agreement, the Guarantor hereby unconditionally guarantees, as primary obligor and not as surety merely, the due and punctual payment of all Loan Payments payable by the Borrower pursuant to the Loan Agreement. ARTICLE III -REPRESENTATIVE; ADDRESSES Section 3.01. The Guarantor's Representative is the Guarantor's Minister of Development, Investment and International Cooperation. Section 3.02. The Guarantor's Address is: Ministry of Development, Investment and International Cooperation Place Pasteur 1002 Tunis Republic of Tunisia Facsimile: 216 71 799 069 -3- Section 3.03. The Bank's Address is: International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, D.C. 20433 United States of America Cable: Telex: Facsimile: INTBAFRAD 248423 (MCI) or (202) 477-6391 Washington, D.C. 64145 (MCI) AGREED at Tunis, Republic of Tunisia as of the day and year first above w tten. REPUBLIC OF TUNISIA By Authorized Representative Name: Mouhamed Fadhel Abdelkdfi Title: Ministre du Ddveloppement, de l'Investissement et de la Coop6ration Internationale INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Byy_ /Authorized Representative Name: Marie Frangoise Marie-Nelly Title: Director of Operations