INTERNATIONAL TRADING PROCEDURE

1. BUYER SENDS ICPO TO SELLER ON BUYER’S COMPANY LETTER HEAD, SIGNED AND SEALED WITH FULL COMPANY DETAILS AND BANKING DETAIL.

2. SELLER ISSUES DRAFT CONTRACT OPEN FOR AMENDMENTS AND COMMERCIAL INVOICE FOR BUYER TO COUNTERSIGN INCLUDING (NCNDA + IMFPA).

3. SELLER SENDS TO BUYER, COPY OF LEGALIZED AND NOTARIZED CONTRACT, COMMITMENT TO SUPPLY AND PRODUCT AVAILABILITY IN STORAGE RESERVOIR, PRODUCT PASSPORT AND COMPANY REGISTRATION CERTIFICATE.

4. SELLER PROVIDES STORAGE TANK INFORMATION IN ROTTERDAM FOR BUYER.

5. BUYER CONDUCTS DIP TEST AND LIFTING COMMENCE.

6. SELLER ISSUES TO THE BUYER THE TITLE OF OWNERSHIP CERTIFICATE UPON CONFIRMATION OF ACT OF TRANSFER IN BUYERS NAME, TO BE FOLLOWED BY ALL EXPORT DOCUMENTATION, AND BUYER RELEASE PAYMENT AS AGREED BY BOTH PARTIES AT THE DISCHARGE PORT.