Amendment #4 Page 382 of 868 oar M ('ontenii. 7 Related party transactions As of and for the three months ended March 31. 2015, the Contained Entity had [elated patty transactions and balances wen 1) amiton Energy Caymans United CFECC. the immedate patent company of the Combined Ertty) 2) lettrikin Energy Barbados lid . which *sat/racily owned subsidiary of HECL. and 3) Wrdco Cayman atrorrigs Limited, which is the shatter**. of HECL The signboard related petty traneetiOn1 ale ellMelatafte as follows. Three months ended March 31, 2014 2016 055 UM Interest expenses incurred fa the shareholder's loans (a; 1.163 Expenses pd4 by the Combined Ertty on behalf of HECL (0) — 111 Balances win related parties as of March 31. 2015 are as blows' December 31. larch 31. 2314 2316 UM UM Amounts due from related parties Hanlon Energy Caymans Limited Obi 4 025 4 034 Hanlon Energy Barbados Ltd 7 7 Total amounts due from related panes 4,032 4,041 Arnaunts due to related panes Honrton Energy Caymans Urnted 000a) 180.389 177,670 Wm:too Cayman Holdings United 376 374 Total aamountsdue to related parties 180.765 178.244 (a) HECL provided irderest-free loans of LIS58.503 and interestbeanrg loans of USS31 407 at the rate of 15% to the Combined Entity before January 1. 2014 All of :re loans are unsecured and urguaranteed The bens are cue and payable on demand The interest expenses incurred by Me Corriteed Entity were 0/551183 'or Ire three mantra ended March 31. 2014 and 2015. (0) Dunng the three months ended March 31, 2015, the Combos.] Ertty paid prdessorial service expenses n the amount of USS111 on behat of HECL 8 Commitments and contingencies Operating lease commitments Figure minimum lease payments under non-cancelable operating lease agreements fa once Ferrates as of March 31, 2015 and 2014 were as f Mows March 31 Much 31, 2014 2016 eke ralthrli end% December 31, 2014 US$ 44 WS - 2015/ nine nouns ending December 31.2015 5