# Optional Security Package — Term Sheet

> Optional negotiations only. None of these protections conditions the Company’s underlying payment obligations. Latvian counsel must select and document any instrument.

| Option | Commercial purpose | Required legal check |
| --- | --- | --- |
| Corporate guarantee / co-debtor | Additional obligor for defined payment debt | authority, corporate benefit, scope, surety versus solidary liability, insolvency |
| Commercial pledge | Security over specified Latvian assets/receivables | asset identification, registration, priority, enforcement and avoidance risk |
| Escrow / reserve | Payment liquidity buffer | tax, account control, release triggers; never condition primary debt |
| Assignment of receivables | Collection support against customer cash flows | debtor notice, contractual restrictions, priority, data/privacy |
| Post-dated payment mechanism | Administrative payment discipline | local validity, execution and banking law |

Any final security document must: identify secured obligations without double recovery, including whether individually due Renewal Phase fees are covered; preserve the Company as primary debtor; state cumulative remedies subject to crediting; be separately authorised; and comply with Latvian mandatory law. The Contractor may decline optional security without affecting the Service Agreement.