Sugar ICUMSA 45

INSPECTION: Quality, Quantity, Weight, & Photo by SOS or Equivalent at sellers cost at port of loading arid SGS.

PERFORMANCE BOND: An Operative Performance Bond will be provided by The Sellers Bank after receipt of acceptable instrument.

INSURANCE: Provided by Seller to the benefit of the buyer for a total of 100-110% of the buyers cost.

Insurance Certificate

Packing List in Triplicate

Certificate of Origin

Weight quality and quantity issued by SOS

Inspection Certificate by SOS

Bill of Lading

Commercial Invoice

7. Shipments start as per contract terms (BUYER can visit the loading port of the ships)

6. Seller opens the initiates 2% Performance Bond and notifies the buyer

5. Buyer opens the Financial Payment Instrument. (non operative revolving documentary letter credit).

4 Seller Sends Proof Of Pmduct Buyer Sends POFunds (bank to bank at window time)

3. Buyer approves and sends signed and stamped Draft of Contract.

2. Seller approves and sends the Draft of Contract with the Draft of Financial Payment Instrument.

1. The Buyer sends to Seller a Letter of Intention (LOl) with bank coordinates.

PROCEDURES

PAYMENT:

BUYERS BANK:

PROOF OF PRODUCT: AG1NST MT 799 OR LC NON OPERATIVE

PAYMENT: Non Operative revolving documentary letter credit, Irrevocable.

SELLERS BANK: First Class Western European Bank

of the month

CONTRACT LENGTH: 12 months: miii MT / month, vessel begin charging at every 5th

CIF: ASWP

DESTINATION PORT: As per description in Quantity terms (Buyers option).

SHIPMENT: 12,500/25,000/50,000/100,000 Metric Tons.

C. MT (+1-5%) (PORT NAME), packed in 50 kg Bags

B. MT (+1-5%) in ( PORT NAME), packed in 50 kg Bags

A. MT (+1-5%) to (PORT NAME), packed in 50 kg Bags

million thousand (3,000,000) MT (+/-5%), deliverable to:

QUANTITY: The total quantity of the Sugar ICUMSA 45 to be delivered is about Three

Radiation: Normal without presence of cesium or iodine

Color: Sparking white

Granulation: Table grade, medium to fine

Ash: 0.04%

Moisture 0.04%

Sohibility: 100% dry and free flowing

Polarization: 99.88 Mi

Refined White Cane Sugar ICUMSA 45 RBU

the details are listed below:

SPECIFICATION: In conformance with standard ICUMSA 45 specifications some of

ORIGIN: Brazil

COMMODITY: Sugar ICUMSA 45

We, Tesman Ventures SL. , hereby state and represent that it is our intention to SELL, and we hereby confirm that we are ready. willing and able to OFFER the following commodity as per the specification and in the quantity and for the price as specified in the terms and conditions as stated below. This representation is made with full corporate authority and responsibility of the above.

We, Tesman Ventures SL. , hereby state and represent that it is our intention to SELL,