EXHIBIT 10.13 Translation from Agreement Written in Arabic. EGYPTIAN ARAB LAND BANK Irbid Branch Reference Number: 1038 Prosperity Textiles, Ltd. Subject: Import Line of Credit Greetings: With reference to the above subject, and on the basis of the...Import Line of Credit Agreement • May 3rd, 2002 • Cygne Designs Inc • Women's, misses', and juniors outerwear
With reference to the above subject, and on the basis of the meeting held on July 19, 2001 by and between the Egyptian Arab Land Bank administrative board and the Prosperity Textiles Ltd. board of directors with respect to the possibility of granting the Company a line of Credit on the strength of its import letters of credit.
