Letter Authorizing Company to Pay Dividend to Banker

13th May, 20..

Dear Sir,

This is to authorize you to please deposit all dividend payable on Shares Nos. 1001 to 1100 standing in the name of the above company to the United Bank Ltd., Station Road, Florida.

Receipt for the same may please be collected from our bankers.

Yours faithfully,

XXX.

c.c. To United Bank Ltd., Station Road, Florida with a request to please credit the amount of dividends to our account as and when received and debit the amount of revenue stamps to our account when stamped receipts are issued on our behalf.