Conformed Copy - L4091 - Third Private Sector Development Project/In-Service Training - Supplemental Letter 1

Page 1 KINGDOM OF MOROCCO September 27, 1996 International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, DC 20433 United States of America Re: Loan No. 4091 MOR (Third Private Sector Development Project -- In- Service Training) Transformation into Centers of Excellence under Part C of the Project Section D of Schedule 5 to the Loan Agreement Dear Sirs and Mesdames: We refer to the criteria to be utilized by the Kingdom of Morocco (the Borrower), through OFPPT, pursuant to the provisions of Section D of Schedule 5 to the Loan Agreement of even date hereof between the Borrower and the International Bank for Reconstruction and Development (the Bank), to transform, under Part C of the Project, selected OFPPT's existing training centers into Centers of Excellence. We hereby confirm that the said criteria shall consist of the parameters and standards set forth in the Attachment to this Letter. Very truly yours, KINGDOM OF MOROCCO By _______________________________ Authorized Representative AGREED AND CONFIRMED: INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By _______________________________ Regional Vice President Middle East and North Africa