of the Code of Ethics for Contractors, Suppliers of Goods and

Services and Financial Incentives Applicants of the Executive Agencies of the Commonwealth of Puerto Rico, established by virtue of Act No. 84, enacted on June 18, 2002, provided however, that the documents required by Act No. 84 will not be necessary if the CRUISE OWNER is a foreign corporation that does not engage in any trade or business in Puerto Rico and has not engaged in any trade or business in Puerto Rico for the past five (5) years. In this case, the CRUISE OWNER must submit a Sworn Statement to that effect with the requirements established by the Company in its Sworn Statement Model. (b) In order to properly produce all the disbursements provided for in this Regulation, the request for any incentive grant shall be submitted by the CRUISE OWNER to the Company by an original invoice requesting the payment with the supporting documentation required by this Regulation. Such invoices shall be certified and signed in original by the authorized official of the CRUISE OWNER and shall be furnished at the Company no later than thirty (30) days after the end of the fiscal year of the invoicing period. (c) The Executive Director of the Company or its authorized representative shall evaluate any invoice and supporting documentation submitted by the CRUISE OWNER and shall approve the same for timely payment upon the terms of this Regulation.