1. Buyer sends ICPO in line with Seller’s working procedures; including information sufficient for bank-to-bank confirmation of funds.

2. Seller issues Commercial Invoice (C.I.); Buyer signs and returns to Seller within 2 business days.

3. Upon receipt and approval of the signed C.I. and confirmation of funds, Seller will provide:
a. Partial Proof of Product(SGS)
b. Tank Access Invoice
c. ATV – Authorization to verify product via email or phone call

4. Buyer within 48 hours, effects the payment in the amount of $75,000 to secure agency access to Seller’s tank for a period of 5 days. Buyer receives full tank location coordinates and terminal access and, at Buyer’s option, conducts SGS inspection at Buyer’s expense.

5. Upon confirmation of inspection, Buyer will provide irrevocable commitment to deposit 30% of invoice total upon receipt of Charter Party Agreement (CPA).

6. Seller provides CPA, Buyer makes payment of 30% of C.I. total to reserve product and to allow for Seller reservation of vessel. The payment is to be held in B2 Global Trade Holdings LLC fiduciary holding account until completion of the vessel load and final dip test verification. Deposit funds can be utilized as required to cover documented vessel and shipping expenses

7. Upon arrival of vessel Seller provides product, authorization and vessel loading documentation.

8. Upon completion of load to vessel and final dip test verification, the Buyer makes balance of payment due, for the remainder of the total product value, by MT103 or TT wire transfer.

9. Upon receipt of balance of payment due, the Seller issues the title of ownership to the Buyer and pays all intermediaries according to the signed IMFPA.

10. For contract purchase, next allocation shall be processed.