OFFICIAL DOCUMENTS LOAN NUMBER 8639-BR Guarantee Agreement (Paraiba Sustainable Rural Development Project Projeto Paraiba Rural Sustentavel) between FEDERATIVE REPUBLIC OF BRAZIL and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated , 201 LOAN NUMBER 8639-BR GUARANTEE AGREEMENT AGREEMENT, dated H alc L 3 , 2015 entered into between FEDERATIVE REPUBLIC OF BRAZIL ("Guarantor") and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT ("Bank") ("Guarantee Agreement") in connection with the Loan Agreement of same date between the Bank and the STATE OF PARAIBA ("Borrower") ("Loan Agreement"). The Guarantor and the Bank hereby agree as follows: ARTICLE I - GENERAL CONDITIONS; DEFINITIONS Section 1.01. The General Conditions (as defined in the Appendix to the Loan Agreement) constitute an integral part of this Agreement. Section 1.02. Unless the context requires otherwise, the capitalized terms used in this Agreement have the meanings ascribed to them in the General Conditions or in the Loan Agreement. ARTICLE II - GUARANTEE Section :2.01. The Guarantor hereby unconditionally guarantees, as primary obligor and not as surety merely, the due and punctual payment of all Loan Payments payable by the Borrower pursuant to the Loan Agreement. ARTICLE III - REPRESENTATIVE; ADDRESSES Section 3.01. The Guarantor's Representative is its Minister of Finance. Section 3.02. The Guarantor's Address is: Minist6rio da Fazenda Procuradoria Geral da Fazenda Nacional Esplanada dos Ministdrios Bloco "P", 80. Andar 700048-900, Brasilia, DF BRAZIL Facsimile: (55-61) 3412-1740 Section 3.03. The Bank's Address is: International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, D.C. 20433 United States of America Cable: Telex: Facsimile: INTBAFRAD 248423 (MCI) or (202) 477-6391 Washington, D.C. 64145 (MCI) AGREED at ¶ n A 0 -.. Q ( a'r . n as of the day and year first above written. FEDERATIVE REPUBLIC OF BRAZIL By INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By Auth rized Representative -2-