Exhibit_D_Sample_LC.docx

SAMPLE – IRREVOCABLE STANDBY LETTER OF CREDIT

(NOTE: FORM MY VARY, SUBSTANCE MAY NOT)

BANK LETTERHEAD

IRREVOCABLE STANDBY LETTER OF CREDIT

TO: ATTN: GROUND FUELS DIVISION I, DIRECT DELIVERY FUELS, CONTRACTING OFFICER

Defense Logistics Agency Energy-PEC

8725 JOHN J. KINGMAN RD STE 4950

FORT BELVOIR VA 22060-6220

EFFECTIVE DATE: _____________________________________

AMOUNT OF LETTER OF CREDIT: $_______________________

CONTRACTOR: ________________________________________

CONTRACT NUMBER: SP0600-_________________

LETTER OF CREDIT NUMBER: _________________

To Whom It May Concern:

We hereby establish our “Irrevocable Standby Letter of Credit” in your favor, available by your draft/s at sight, drawn on (Name of Bank issuing this Standby letter of Credit) accompanied by a manually signed statement that the signer is “an authorized representative of the Defense Energy Support Center”, and one or both of the following statements:

a. “I hereby certify that the United States Government has delivered product under the terms of Contract Number SP0600-______________ and that (Contractor) has not paid under the terms of that contract, and as a result owes the Government $_______________.”

b. “I hereby certify that (Contractor) has failed to take delivery of product under the terms of Contract Number SP0600-__________, and as a result owes the Government $__________.”

Drafts must be presented for negotiations on or before the expiration date of this Letter of Credit, (Expiration Date), at our bank. The Government may make multiple drafts against this Letter of Credit.

This Letter of Credit is subject to the Uniform Customs and Practice of Documentary Credits (July 2007 revision, International Chamber of Commerce Publication No.600) and except as may be inconsistent therewith, to the Uniform Commercial Code in effect on the date of issuance of this Letter of Credit in the state in which the issuer’s head office within the United States is located.

We hereby agree with the drawers, endorsers and bona fide holders that all drafts drawn under and in compliance with the terms of this Letter of Credit will be duly honored upon presentation and delivery of the above documents for negotiation at our bank on or before the expiration date.

Very truly yours, (Authorized Signature) (Typed Name and Title)

SP0600-20-R-0201 EXHIBIT D