OFFICIAL DOCUMENTS LOAN NUMBER 8630-TR Guarantee Agreement (Long Term Export Finance Project) between REPUBLIC OF TURKEY and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated OCvbd., 24 2016 LOA i NUNBFR 8630-TR GUARANTEE AGREEMENT AGREEMENT. dated ttcdar i . 2016. entered into between Republic of Turkey ("Guarantor") and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT ("Bank") ("Guarantee Agreement") in connection with the Loan Agreement of same date between the Bank and TURKIYE iHRACA r KREDI BANKASI A.$. ("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. 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 its Undersecretary of Treasury. Section 3.02. The Guarantor's Address is: Basbakanlik Hazine Mustesarligi indni Bulvari No. 36 Emek-Ankara Turkey Facsimile: (90) (312) 204-7366 (90) (312) 204-7367 Section 3.03 [he 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: [NTBAFRAD 248423 (MCI) or (202) 477-6391 Washington, D.C. 64145 (MCI) AGREED at Ankara, Republic of Turkey as of the day and year first above written. REPUBLIC OF TURKEY By: Auhoi eresentative Namie: Title: ActngDputyDirector Geofg INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By: Authoriz epresentative Name:___ Title: f,f - r