0000950123-10-086696 Sample Contracts

AMENDMENT NO. 2 TO DEPOSIT AGREEMENT
Deposit Agreement • September 16th, 2010 • Petrobras - Petroleo Brasileiro Sa • Crude petroleum & natural gas

AMENDMENT NO. 2, dated as of September [ ], 2010 (the “Amendment”), to the Deposit Agreement dated as of January 2, 2007, as amended as of June [ ], 2007 (as amended, the “Deposit Agreement”), among Petróleo Brasileiro S.A.- Petrobras, incorporated under the laws of Federative Republic of Brazil (the “Company”), JPMorgan Chase Bank, N.A., as depositary (the “Depositary”), and all holders from time to time of American depositary receipts (“ADRs”) issued thereunder.

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