exhibit 4. 17 debt purchase agreement between the governor and company of the bank of ireland and sifco turbine components limited ( a limited company ) exhibit 4. 17 debt purchase agreement between the governor and company of the bank of ireland and sifco turbine components limited ( a limited company ) this agreement is made on the date shown in the particulars below : between ( 1 ) the governor and company of the bank of ireland acting through its office at lower baggot street, dublin 2 ( “ we / us ” ) and ( 2 ) the client named in the particulars immediately below ( “ you ” ) the particulars 1. date of this agreement : ( clause 2. 1 ) september 26, 2005 2. name of client sifco turbine components limited country of incorporation republic of ireland incorporation number 83443 3. address of client ( condition 15. 3 ) unit 1 carrigtohill industrial estate cork 4. date of our letter of offer ( definition of “ preconditions ” ) 5. commencement date ( clauses 1. 1, and 4. 1 and definition of “ commencement date ” ) september 29, 2005 6. minimum period this agreement will operate ( clause 2. 1 ) 12 months 7. debts covered by this agreement ( clause 4. 1 ) debts for the republic of ireland and those covered in appendix 1 and other such debts as agreed with us 8. maximum finance ( clause 1. 1 and condition 3. 4 ) €3, 000, 000 9. initial payment percentage ( definitions of “ availability ” and “ initial payment percentage ” ) 80 % 10. take - on fee ( condition 2. 5 ) €25, 000 once off take on fee ( subject to vat at 21 % ) 11. service charge ( condition 2. 2 ) ( a ) n / a % of each notified debt subject to a minimum of € per annum ( b ) €6, 000 flat fee per annum ( subject to vat at 21 % ) this agreement is made on the date shown in the particulars below : between ( 1 ) the governor and company of the bank of ireland acting through its office at lower baggot street, dublin 2 ( “ we / us ” ) and ( 2 ) the client named in the particulars immediately below ( “ you ” ) ( 1 ) the governor and company of the bank of ireland acting through its office at lower baggot street, dublin 2 ( “ we / us ” ) and ( 2