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1. Counter-Indemnity: Optional section when the applicant provides counter-indemnity to the bank - recommended for high-value shipments

2. Multiple Beneficiaries: Required only when the guarantee needs to cover multiple beneficiaries such as agents and sub-carriers

3. Assignment Clause: Optional section allowing for the assignment of rights under the guarantee - included when requested by the beneficiary

4. Authentication Procedure: Optional section detailing specific procedures for verifying claims - recommended for high-value guarantees

5. Reduction Clause: Optional provision for reducing the guarantee amount over time - useful for long-term guarantees

1. Schedule 1 - Shipment Details: Contains full details of the shipment including vessel name, voyage number, port of loading/discharge, cargo description

2. Schedule 2 - Lost Bill of Lading Details: Specifies the details of the lost bill of lading including number, date, and parties

3. Schedule 3 - Claim Documentation Requirements: Lists all documents required to make a valid claim under the guarantee

4. Appendix A - Form of Demand: Standard format for making a claim under the guarantee

5. Appendix B - Indemnity Letter: Standard format for the letter of indemnity from the applicant to the carrier