????????????????????????????????????????????????Date: 23th JUNE, 2009 Ref: …….. /U46% –SPL/23-09
FULL CORPORATE OFFER
The undersigned company, …….., with full corporate and legal responsibility,
under penalty of perjury confirms that we are ready, willing and able to supply the following petroleum product / commodity:
12 MONTHS CONTRACT WITH POSSIBLE ROLLS AND EXTENSION
To: SKY …………LIMITED
Via: MR MAREK LESKIEWICZ (COMPUTERBANK SERVICE POLSKA)
Products: RUSSIAN UREA N46% (GRANULAD)
Price:
Total/Qty: 1.200,000 MT (+/-5%) (100,000 per Month)
Inco terms: CIF ASWP
Packaging: In 50 Kg Bags or 1.5 MT Sling Bags
Origin:
Destination: CIF.
Payment: Irrevocable, Fully funded Transferable Confirm Letter of Credit.
Inspection: SGS, CIQ or similar by Buyer.
Commission
.
Procedure:
1. Buyer issues an “Irrevocable Corporate Purchase Order” (ICPO), “Letter Of Intent” (LOI),
with full Banking Information and Sanitized Contact Information, addressed to Seller.
2. Seller issues FCO to Buyer within approximately 7-10 business days.
3. Buyer signs and returns FCO with a letter of acceptance.
4. Seller issues draft contract initials on every page, signs and seals and send it to the Buyer for Buyer’s signature and seal (with amendments if any).
5. Buyer and Seller sign the NCNDA and IMFPA
6. Buyer counters sign and seals the draft contract and sends via email to the Seller.
7. Seller’s bank and Buyer’s Bank communicate and agree on the Final wording of
Documentary Letter of Credit (DLC).
8. Seller’s bank issue to Buyer’s Bank the Proof of Product (POP).
9. Seller's bank shall notify the Buyer’s bank that they are willing and ready to issue a non operative 2% performance bond (PB) to Buyer’s bank. The 2% PB will be placed in Buyer’s
bank account, should the Seller fail to supply the cargo of the products, this 2% PB will be
paid to the Buyer and intermediaries accordingly as compensation.
10. Buyer’s Bank issue 100% Non-Operative DLC for each cargo Shipment of Monthly delivery.
11. Seller’s bank issue 2% Performance Bond (PB) to the Buyer’s Bank which will automatically
activate the DLC.
12. The SGS INSPECTION will be borne by the Seller.
13. Delivery commences as per contract.