Conformed Copy - L4091 - Third Private Sector Development Project/In-Service Training - Supplemental Letter 3

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) Strategy on Vocational Training under Part D of the Project Section E (b) of Schedule 5 to the Loan Agreement Dear Sirs and Mesdames: We refer to the process and guidelines alluded to in Section E (b) of Schedule 5 to the Loan Agreement of even date hereof between the Kingdom of Morocco (the Borrower) and the International Bank for Reconstruction and Development (the Bank), on the basis of which a long- term strategy for the Borrower's vocational training system shall be developed by the Borrower. We hereby confirm that said process and guidelines shall consist of the steps and methodology set forth in the Attachment to this Letter. Very truly yours, KINGDOM OF MOROCCO By /s/ Mohamed Kabbaj Authorized Representative AGREED AND CONFIRMED: INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By /s/ Kemal Dervis Regional Vice President Middle East and North Africa