Islamic Republic of Iran Ministry of Commerce   
  
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 Article 5. Conditions of Payment

    1-  When a participant applying for a stand or pavilion, an advance
 payment  of 50% of the rental charges is required, the balance must be
 paid  before  the beginning of the construction of one month before the
 opening of the fair, which ever is earlier.
    2-  Participants utilizing prefabricated stands or other decoration
 materials  (Other  than  prefabricated stands of EPCI) must pay 15% of
 their  contracted  amount  signed  with the related contractors. Above
 mentioned  calculation  shall  be  based  on the contracted amount and
 minimum  calculation  will  be  Tariffs  of  EPCI in this regard if no
 contracts is submitted or stand material belongs to the participant.
    3-  Participants  requesting  space  with prefabricated stands from
 EPCI  must  pay  20%  of  total requested spaces fee, if they decline
 participation one month before opening of the fair. No refund shall be
 made  if   participants  decline  to  participate  less than one month
 before the opening of the fair.
    4-  A fee of Rials. 50,000 (for local products) and US $1000.00 (for
 foreign  products)  per  each  square  meter shall be charged to those
 participants  who  exhibit their goods or advertise out of their booth
 territory without prior authorization of EPCI.
    5-  Participants  are authorized to repack or collect their exhibit
 goods  next  day  of  closing  day  of  the  fair.  If seen otherwise,
 participants  shall be charged Rls. 50,000 (for local products) and US
 $500,00 (for foreign products) per each square meter of their booth.
    6-  Payments  may  be  effected  in  US  Dollar  or any convertible
 currency to: EPCI account no. 50074 BANK MELLI IRAN ESKAN BRAHCN.
    7-  In  order  to avoid any misunderstanding regarding payments the
 Exhibitors  are  requested  to  advise  the centre the exact date and
 amount  of  remittance and the Bank through which the amount has been
 remitted.
    8-  The  centre  reserves the right to keep the exhibitor's propertyuntil the debt regarding the participation are fully paid.