0001299933-05-003307 Sample Contracts

GUARANTEE
Guarantee • July 7th, 2005 • Consolidated Water Co LTD • Water supply

This GUARANTEE (the “Guarantee”) is made as of the 1st day of July, 2005 by CONSOLIDATED WATER CO. LTD. (“Consolidated”), a company incorporated under the laws of the Cayman Islands, in favor of each holder of non-convertible, non-voting, cumulative, redeemable Series A Bonds of Waterfields Company Limited, a company incorporated under the laws of the Commonwealth of The Bahamas, (“Holder” or collectively the “Holders”).

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