0001062993-12-005509 Sample Contracts

ISDA® International Swaps and Derivatives Association, Inc. dated as of 10 December 2012
2002 Master Agreement • December 20th, 2012 • First Majestic Silver Corp • Gold and silver ores

MERRILL LYNCH INTERNATIONAL and FIRST MAJESTIC SILVER CORP. have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this 2002 Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties or otherwise effective for the purpose of confirming or evidencing those Transactions. This 2002 Master Agreement and the Schedule are together referred to as this “Master Agreement”.

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