1. The Buyer sends ICPO on receipt and acceptance of the Sellers Offer alongside with the Buyers Company Profile (CP), TSA or CPA.

2. The Seller Issues Commercial Invoice (CI) for the Buyers endorsement.

3. The Buyer signs and returns the CI to Seller.

4. The Seller issues to the Buyer: DTA /UDTA. ATV. ATSC.

5. The Buyer contacts the Seller Tank Administrator to execute the Quality & Quantity, and to register in the Tank Farm Terminal prior to the Inspection.

6. Upon the Successful Dip Test Inspection in the Seller’s Tank, the Buyer Submits NOR from his Shipping Company or his Tank Storage. Seller Injects the product into the Buyers Vessel or Buyers Tank Storage.

7. The Seller releases the Complete POP Documents to the Buyer, including the following documents: Resource Confirmation Letter (issued by the End-Refinery).

8. The Buyer issues 100% payment for the total product by MT103/TT Wire Transfer to the Seller.

9. The seller transfers the product title with the complete pop documents to the buyer. The seller pays the commission to both side intermediaries as per master fee agreement.

10. The Seller issues an annual (12 months) delivery contract for review and acceptance.