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WHEREAS, pursuant to Section __ of the Contract, Contractor is obligated to provide Owner with this Guaranty; and WHEREAS, Guarantor as the [ultimate] parent company of Contractor, is willing to enter into this Guaranty in consideration of and to satisfy the terms of the Contract. AGREEMENT 1. Number of original copies of the contract. 2. Determining the Court of competent jurisdiction over the contract. C. Musharakah with a promise to sell (applies to fixed assets) Core Clauses: 1. The Parties: 1) An Islamic Bank, as a first partner, and 3) A legal or natural person, as a second partner 2. Parent Company Guarantee is a written undertaking by Contractors ultimate parent to Client, guaranteeing performance and undertaking to complete obligations under the Contract in the event of default in Contractor’s performance (a subsidiary of such parent).