The guarantee package should contain the following items, individually and cumulatively, at BNDES discretion, taking into consideration the provisions under paragraphs I, II and III: 

1. Mortgage; 

2. Fiduciary Property; 

3. Bank Guarantee; 

4. Personal Surety; 

5. Pledge of Shares or Quotas; 

6. Reserve Account; 

7. Pledge of rights on audio-visual works (not applicable to the infrastructure segment); 

8. Guarantee insurance (only applicable to the production segment); 

9. Binding of receivables or any other future revenues 
- for the production segment: binding to co-production, distribution, publicity and fiscal incentive agreements; 
- for the distribution and trading segment: binding to distribution agreements; and 
- for the exhibition segment: binding to ticket office, publicity, and other revenues from the projection room and from fiscal incentive agreements. 

I. Whenever there is a banking guarantee, there will be no need for real guarantees on tangible assets or personal sureties, at BNDES discretion. 

II. Whenever there is a binding of receivables or of any other future revenues, there will be no need for real guarantees on tangible assets, at BNDES discretion. 

III. Exceptionally, the personal surety may be dismissed, at BNDES discretion.