1) Buyer, issue his full ICPO with Financial Capability Letter or Bank RWA, sends it to the Seller.

2) Seller issues Full Corporate Offer to Buyer for analysis, Signature, seal and stamp.

3) Buyer returns to Seller by e-mail the signed and sealed Full Corporate Offer (Electronic Signature will be accepted).

4) Buyer and/or Buyers Bank, send DRAFT TEXT (verbiage) of FINANCIAL

INSTRUMENT, for the Bank of Seller, with copy for Seller, analyze and accepted or NO, the terms and conditions of the Financial instrument.

5) Seller issues, a DRAFT CONTRACT to Buyer for analysis, Signature, seal and stamp

6) Buyer returns to Seller by e-mail the signed and sealed contract (Electronic Signature will be accepted).

7) After Sellers Bank, approved the Terms and Conditions of the Financial Instrument, the Buyer Banks, issue the Financial Instrument via SWIFT to the Sellers Bank.

8) The Seller, issue a POP via SWIFT, to Buyers Bank and Buyers Bank having received the POP immediately activates the Financial Instrument

9) Seller starts shipping within *0/*5 days after having received Financial Instrument, activated.

*0) Once the Ship is loaded and ready to sail, the Seller send all documents, as stated and agreed in the CONTRACT for Buyer and his Bank, the payment for Sellers Bank must be released within three (*3) days from receipt of above mentioned documents.

*1) The company assumes all shipping cost, insurance and guarantee (CIF) until the vessel reaches the Buyers destination Port.

*2) All additional costs are on the Buyers account.

*** All PRICES are CIF ASWP, with the exception of ports in conflict and / or country at war.

*** FOR SPOT, payment by Letter of Credit (LC).

*** FOR CONTRACT, it is requested payment through of financial instrument (ARDLC or RDLC), with a Bank Guarantee (BG) or STANDBY LETTER CREDIT (SBLC) amounting to *2 last months of loading.

*** PRICES MAY BE change without notice

*** Any other type of trading, the seller should be consulted