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Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 1 of 10
Process Description:
OVERALL ASSET RECOVERY
................................................
Registered Document of
Asset Recovery Services
COPYRIGHT © 2011 TAREC-IN
VERSION 1.0
Dec 2011

2. A l l ri g h t s r e s e r v e d . P a s s i n g o n a n d c o p y i n g o f t h i s d o c u m e n t , u s e a n d c o m m u n i c a t i o n o f i t s c o n t e n t s n o t p e r m i t t e d
w i t h o u t w r i t t e n a u t h o r i z a t i o n o f T A R E C - I N
Process Description – OVERALL ASSET RECOVERY
Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 2 of 10
1 Document Reference List:
Document
no
Document name Revision
Date
Sign
[1] TAREC-IN Inspection Guide – Equipment & Site V 2.1 SgB
[2] TAREC-IN Process Description – Facility Clean Out V 2.1 SgB
[3] TAREC-IN Process Description - Dismantling V 2.3 SgB
[4] TAREC-IN - SON Site or WH - Default Checklist V 1.0 SgB
[5] TAREC-IN Process Description – Logistics @ WH & SON V 2.0 SgB
[6] TAREC-IN Process Description – Packaging & Handling V 1.2 SgB
[7] TAREC-IN Sales Business Cycle V 0.1 DL
[8] TAREC-IN Internal Work Order V 0.1 SgB
[9] TAREC-IN Process Description – Delivery V 0.4 SgB
[10] TAREC-IN Process Description - Market Research V1.0 SgB
[11] TAREC-IN Process Description - Sourcing V1.0 SgB
2 Document history:
Doc
vers.
Revision
Description
Reviewed
by
Revision
Responsible
Revision
Date
1.0 Official Version Svein Gaute Bleivik 12.12.2011

3. A l l ri g h t s r e s e r v e d . P a s s i n g o n a n d c o p y i n g o f t h i s d o c u m e n t , u s e a n d c o m m u n i c a t i o n o f i t s c o n t e n t s n o t p e r m i t t e d
w i t h o u t w r i t t e n a u t h o r i z a t i o n o f T A R E C - I N
Process Description – OVERALL ASSET RECOVERY
Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 3 of 10
3 Table of Contents
1 Document Reference List:......................................................................................................................2
2 Document history:....................................................................................................................................2
3 Table of Contents ......................................................................................................................................3
4 General Purpose........................................................................................................................................4
5 Marketing Research.................................................................................................................................5
6 Sourcing Process.......................................................................................................................................6
6.1 Market Research [10].................................................................................................................... 6
6.2 Survey at Source [1]....................................................................................................................... 6
6.3 Sourcing (Commercials) [11] ......................................................................................................... 6
6.4 Preparations at Site or WH [4], [5]................................................................................................ 6
6.5 Dismantling, Optional [2], [3]........................................................................................................ 6
6.6 Outbound transport preparations [3], [4]..................................................................................... 7
6.7 Shipments [5], [6].......................................................................................................................... 7
6.8 Receiving Re-Sale Products at CWH [6]......................................................................................... 7
7 Sales Process...............................................................................................................................................8
7.1 Sales Preparations [7].................................................................................................................... 8
7.2 Selling Products [7]........................................................................................................................ 8
7.3 Product Production, as per WO [8] ............................................................................................... 8
7.4 Shipment of Products [9]............................................................................................................... 8
7.5 Release Products to Customer [9]................................................................................................. 8
8 Recycling Process......................................................................................................................................9
8.1 Receiving Telecoms Equipment for Recycling [DTC Process]........................................................ 9
8.2 Receiving Batteries for Recycling [G&P Process]........................................................................... 9
9 Reference [N] to TAREC-IN “Process Description” documents..............................................10
9.1 Document references.................................................................................................................. 10

4. A l l ri g h t s r e s e r v e d . P a s s i n g o n a n d c o p y i n g o f t h i s d o c u m e n t , u s e a n d c o m m u n i c a t i o n o f i t s c o n t e n t s n o t p e r m i t t e d
w i t h o u t w r i t t e n a u t h o r i z a t i o n o f T A R E C - I N
Process Description – OVERALL ASSET RECOVERY
Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 4 of 10
4 General Purpose
The general purpose of this document is to provide an overview of the overall Asset
Recovery Processes included as parts of TAREC-IN’s offerings to the market.
The document describes the main activities and their sequence. The document also
identifies the reference documents and information which provides the detailed
description of all processes and activities involved from initial contact with Source, till
final delivery to end Customer, or deliveries to Recycling Partner.
By the study of this document, the base idea of TAREC-IN’s business concept should be
clearly understood. How the various steps of the business concept are conducted may
be found in the reference documents.

5. A l l ri g h t s r e s e r v e d . P a s s i n g o n a n d c o p y i n g o f t h i s d o c u m e n t , u s e a n d c o m m u n i c a t i o n o f i t s c o n t e n t s n o t p e r m i t t e d
w i t h o u t w r i t t e n a u t h o r i z a t i o n o f T A R E C - I N
Process Description – OVERALL ASSET RECOVERY
Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 5 of 10
5 Marketing Research
In order to follow TAREC-IN’s business principle “One Step Ahead”, TAREC-IN prefer to
investigate the potentials in the market for Sources and Customers, rather than waiting for the
calls offering to Buy or Sell excess and idle equipment.
TAREC-IN AS has found interesting results by the study of market data from the WCIS data base
of global telecom operators. A thorough research has been conducted for the African Market,
in order to understand the mechanisms that currently subsist in this region.
An evaluation of this market with regards to potential Sources and Customers was conducted.
A number of areas and data were focused and evaluated.
Current and planned technology (2.5/3/4G, WiMax)
Operators subscriber base and market share
Forecast of subscribers and services
Operator’s KPI statistics, networking performance
Operators financial status and statistics of Opex/Capex, EbitDA
Studies to find each players performance in the market they serve, and their potential.
Each Operator’s technical performance, financial condition and future plans were evaluated,
and coupled with information of the current and planned expansions and/or swap of OEM and
technology. Each OEM’s market share and main supplier to the studied operators were
carefully noted. Assembling of this information and study of the operators multiple alternatives
of future build out, may give valuable indications of potential Sources and Customers.
TAREC-IN plan to perform similar market research in other regions of the global telecom
market, in order to determine our preferences of contact with potential business partners.
The documentation of the process of the Market Research is still to be outlined.

6. A l l ri g h t s r e s e r v e d . P a s s i n g o n a n d c o p y i n g o f t h i s d o c u m e n t , u s e a n d c o m m u n i c a t i o n o f i t s c o n t e n t s n o t p e r m i t t e d
w i t h o u t w r i t t e n a u t h o r i z a t i o n o f T A R E C - I N
Process Description – OVERALL ASSET RECOVERY
Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 6 of 10
6 Sourcing Process
The contact with Source, being Telecom/IT operator or OEM, may be initiated from both
parties. Traditionally dialogue is established through TAREC-IN’s contact network in the
business, but may also be initiated by random contact either way. TAREC-IN target to enable a
more determined approach to potential business partners through applying the market
research process described, and use this information to select the most potential business
opportunities.
Souring, that is committed purchase of particular products and volumes should not be
facilitated until sales process for the same has been safely conducted. See §7 Sales Process.
6.1 Market Research [10]
Study of Operator’s KPIs and plans
Study of OEM’s products representation per Operator
Evaluation of potential current/future opportunities
6.2 Survey at Source [1]
Categorization of Re-Sale (/Re-Use) and Re-Cycling objects
Valuation of Re-Sale objects
6.3 Sourcing (Commercials) [11]
Quote offered volumes
Establish links between Sales and Soured products
Negotiations and Agreement (buy as per sales)
Assemble and settle Project Team and Suppliers
6.4 Preparations at Site or WH [4], [5]
Registration of Source’s assets
i. PDA registration of bar-codes all Re-Sale products
ii. Photo’s of selected Re-Sale products
iii. Identify and ordering needed variants of packing materials
6.5 Dismantling, Optional [2], [3]
Dismantling telecoms
i. Transport to WH
Dismantling batteries
i. Certified packing and transport to certified WH

7. A l l ri g h t s r e s e r v e d . P a s s i n g o n a n d c o p y i n g o f t h i s d o c u m e n t , u s e a n d c o m m u n i c a t i o n o f i t s c o n t e n t s n o t p e r m i t t e d
w i t h o u t w r i t t e n a u t h o r i z a t i o n o f T A R E C - I N
Process Description – OVERALL ASSET RECOVERY
Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 7 of 10
6.6 Outbound transport preparations [3], [4]
Assembling and sorting per product group
Prioritizing products for shipment
Storage areas selected for Re-Sale, Re-Cycling and batteries
Remove all Source related labeling
Optional Cleaning process
Determine Packing alternative, Light, Crate, Sea etc
Packing of all Re-Sale products
6.7 Shipments [5], [6]
Provide Export License for Telecoms and/or Batteries
Provide EA’s signing of Annex Vii , for Telecoms Recycling
Provide EA’s signing of TFS and supporting docs, for Battery Waste
Produce Packing List per shipment
Produce Proforma Invoice per shipment
Book transport from Freight Forwarder (Certified for batteries)
Notify CWH/DTC of date/time of arrival
6.8 Receiving Re-Sale Products at CWH [6]
Determine use of Customs Bond vs import clearing
i. Notify Customs agent
ii. Choose physical storage area(s)
Control and registration
i. Check conditions and volume acc to Packing List
ii. Register incoming goods in Rambase & Acetra base

8. A l l ri g h t s r e s e r v e d . P a s s i n g o n a n d c o p y i n g o f t h i s d o c u m e n t , u s e a n d c o m m u n i c a t i o n o f i t s c o n t e n t s n o t p e r m i t t e d
w i t h o u t w r i t t e n a u t h o r i z a t i o n o f T A R E C - I N
Process Description – OVERALL ASSET RECOVERY
Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 8 of 10
7 Sales Process
The Sales process may be initiated already whilst Source’s equipment is still in service, but
planned to be swapped. However no PO or other commitment will be given until products have
arrived safely and are under control at the CWH.
Potential Customers may be Operators or Resellers that make direct contact by observing
offerings at our web-shop. TAREC-IN may also approach selected Operators, identified through
market research, which may potentially benefit from access to used quality equipment to
affordable price, enabling network growth whilst awaiting technology or vendor initiated swaps.
Preferably all sales should be secured prior to any buy process. See §6 Sourcing Process.
7.1 Sales Preparations [7]
Assemble product info, spec/photo etc, register in Rambase
Determine and register sales price
Issue products on WEB-shop and other sale channels
7.2 Selling Products [7]
Agree specifications, price & terms with customer
Issue Purchase and Work orders
Prepare Invoicing with agreed INCO terms and ToD
7.3 Product Production, as per WO [8]
Cleaning and/or Refurbishing of product
Reconfiguration if specified
Preparations for customer inspection (optional)
Packaging according to requirements
7.4 Shipment of Products [9]
Issue Invoice, Bill of Transport and T-1 docs
Booking of transport with Freight Forwarder
Notify Customs of Bond release and/or Export License
7.5 Release Products to Customer [9]
Cash on Delivery, CoD (or other Inco terms)
Payment Acknowledgement
Shipment Released for destination

9. A l l ri g h t s r e s e r v e d . P a s s i n g o n a n d c o p y i n g o f t h i s d o c u m e n t , u s e a n d c o m m u n i c a t i o n o f i t s c o n t e n t s n o t p e r m i t t e d
w i t h o u t w r i t t e n a u t h o r i z a t i o n o f T A R E C - I N
Process Description – OVERALL ASSET RECOVERY
Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 9 of 10
8 Recycling Process
The detailed Recycling Process of our Partners are not available to be included in this document.
However it may be stated that both DTC and G&P Batteries holds the highest certification
required by EU Regulations, and national Regulators in order to protect our common
environment.
All recycling processes lead to regain of the raw materials of which the products have consisted.
This completes the path of the green environmental circle.
8.1 Receiving Telecoms Equipment for Recycling [DTC Process]
Telecoms received at DTC’s premises for sorting
Metal constructions assembled and recycled
Cabinets/Magazines sent to HMS RyeHill for separation
Circuit Boards sent to Shredding Partner
SOX reporting and Certificate of Destruction
Material Break down and Invoicing/Payable
8.2 Receiving Batteries for Recycling [G&P Process]
Batteries received at G&P’s premises for sorting
Lead and/or other categories recycled separately
SoX reporting and Certificate of Destruction
Material Break down and Invoicing/Payable

10. A l l ri g h t s r e s e r v e d . P a s s i n g o n a n d c o p y i n g o f t h i s d o c u m e n t , u s e a n d c o m m u n i c a t i o n o f i t s c o n t e n t s n o t p e r m i t t e d
w i t h o u t w r i t t e n a u t h o r i z a t i o n o f T A R E C - I N
Process Description – OVERALL ASSET RECOVERY
Reference: Version 1.0 – Dec 2011 CONFIDENTIAL Page 10 of 10
9 Reference [N] to TAREC-IN “Process Description” documents
9.1 Document references
The following documents support the various steps of the Overall Asset Recovery Process:
[1] TAREC-IN Inspection Guide – Equipment & Site
[2] Facility Clean Out, NOTE a)
[3] Dismantling, NOTE b)
[4] Default Check List
[5] Logistics @ WH and SON
[6] Packaging and Handling
[7] Sales Business Cycle
[8] Internal Work Order
[9] Delivery
[10] Market Analyses
[11] Sourcing
NOTE a): Process may be conducted excluding batteries in [2] Facility Clean Out. This will
exclude all actions listed related to batteries, ref paragraph 4-6 and 14.
NOTE b): Process may be conducted excluding [3] Dismantling, if products are Hand-Over at
Source’s Warehouse