For reasons of speed and convenience in the operations of my [our] account with ETIQA FINANCE, I [we] hereby give you my [our] firm Instructions to honour my [our] e-mail/telefax concerning my [our] transactions with you. I [We] hereby authorize you to accept and execute, immediately, all requests and instructions that you receive from me [us] by email/telefax which bear my [our] signature but being aware of the risks that arise from your so acting.

(a) I [We] hereby undertake not to hold you liable and shall indemnify ETIQA FINANCE LTD against all losses, costs, damages and expenses which ETIQA FINANCE LTD may incur or sustain in consequence of its acting as herein requested.

(b) This indemnity shall remain effective until duly cancelled by notice in writing and delivered to ETIQA FINANCE LTD at its registered address during office hours. This indemnity shall cover all accounts now and in the future opened in our name and shall be governed by the laws of the Federal Republic of Nigeria.