OFFICIAL DOCUMENTS LOAN NUMBER 8415-BR Guarantee Agreement (Bahia Sustainable Rural Development Project - Projeto de Desenvolvimento Rural Sustentdvel do Estado da Bahia - PDRS (Bahia Produtiva)) between FEDERATIVE REPUBLIC OF BRAZIL and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated , 2014 LOAN NUMBER 8415-BR GUARANTEE AGREEMENT AGREEMENT, dated / L O , 2014, entered into between the FEDERATIVE REPUBLIC OF RAZIL ("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 BAHIA ("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; PROVISION OF FUNDS 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 Ministry of Finance. Section 3.02. The Guarantor's Address is: Minist6rio da Fazenda Procuradoria Geral da Fazenda Nacional Esplanada dos Minist6rios, Bloco "P" - 80 andar 70048-900 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 1 .xr/ , ,p