White Refined Cane Sugar

Validity: Seven (7) working days from issued this Offer Letter.

Confirmation of the LC and for 2nd and other delivery within Thirty Five to Forty Five (35-45) day's after receive and confirmation of Letter of Credit.

Lay Can/Delivery : For the first delivery within Forty Five (45) day's after receiving and

Buyer Document: Import license from the Authority to enter the Terminal for the Discharge of the product.

Purchase Order and (BCL) Bank Comfort Letter from the Buyer's Bank, BCL must be signed and seal by Two (2) Bank Officer and sent to Seller or Soft Probe with full details of the capacity amount.

Confirmation: The order is confirm after the Seller receives the (ICPO) Irrevocable Confirmed

Inspection: By SGS, CCIC, CIQ or any similar company and the Seller will pay the charges.

Unloading Port charges: The Buyer will pay the cost.

Performance Bond: 2%

Partial shipments are allowed.

One (1) month a BG/ SBLC/ DLC to cover Contract Term as Guarantee.

Payment Terms: Fully Funded Documentary Letter of Credit shall be issued, confirmed and guaranteed by a top prime world bank acceptable to the Seller.

14. Seller pays Buyer's and Seller's side commissions per IMFPA.

13. Shipping as per agreement Schedule and Contract.

12. Buyer issues the Operative LC (RDLC) from top prime bank

11. Seller issues the Proof of Product (POP) and the 2% non-operative Performance Bond (PB) from top prime bank

10. Within: five (7) banking days of signing this Contract, the Buyer issues pre-advice non-operative LC on Bank-to-Bank basis

9. Seller sign, seals Contract and exchange hard copies

8. Buyer signs and seals Contract

7. Seller issues Draft Contract

6. Buyer ratifies IMFPA for all beneficiaries which will be considered an integral part of the relevant contract.

5. Seller issues and Intermediaries sign NCND and IMFPA.

4. Buyer signs, seals and sends FCO to the Seller along with BCL.

3. Seller sends official FCO (on seller's letterhead, signed and sealed)

2. Seller conducts soft probe of the Buyer's banking and if seller is satisfied

1. Buyer issues LOI/BCL on Buyer's letterhead, signed and sealed with soft probe authorization, addressed to SELLER . ICPO must be valid for 21 working days.

Operation procedures:

SHIPPING: LLOYDS REGISTERED VESSEL SHOULD NOT BE MORE THAN 20 YEARS OLD FROM THE DAY OF REGISTRATION

INSPECTION: SGS OR EQUAL

DELIVERY TIME: 45 DAYS FROM THE DATE OF OPENING OF L/C

BASIC PRICE: $ .00 USD PER MT C.I.F.

SHIPPING TERMS: CIF ASWP

FINAL DESTINATIONS: CIF ASWP

LOADING PORT: AS PER SELLERS' OPTION

VALIDITY OF CONTRACT: 20 MONTHS

QUANTITY: MT X 13 for the total of 1 000 000MT.

FORM OF PACKING: 50Kg Bags, 1.5 MT, or 2.0 MT, Sling Bags

SPECIFICATIONS: REFER TO ANNEX 1

COUNTRY OF ORIGIN: SELLERS' OPTION: Brazil and other South American Countries

COMMODITY: SUGAR ICUMSA 45

VALIDITY: Seven (7) working days from issued this Offer Letter.

SOFT OFFER

White Refined Cane Sugar