Procedures as below:

1. Buyer issues LAI, CIS, Passport
2. Seller issues Commercial After.
3. Buyer executes & returns with the RWA Bank Letter (Farm Below)
4. Upon receiving the Buyer RWA, the Sellers Bank will contact the Buyers Bank. The Sellers Bank will verify the fallowing an behalf af the Seller:
a) The Seller liquidity/financial capacity (In excess af $900 Million) ta Transact Business.
b) Hydrocarban Trading Experience.
c) Seller will issue an ATV ta Buyer’s Bank, sa they can verify the above.

5. Seller issues Sale Purchase Agreement (SPA). Buyer executes and returns within 3 Business Days. The SPA is then lodged with each sides Bank.

6. Buyer Bank issues a Pre-Advice SWIFT via MT 799. The Buyers Bank then issues the Collateral Instrument via SWIFT MT 760. Seller issues 2% Performance Guarantee. Also, within 7 Days of verification of Buyer Instrument, Seller issues Nan performance Insurance (Mare Info an Page 1, tap right) via Lloyds of Landan far 110% of Purchase Price ta Buyer

7. Seller loads Vessel and issues the fallowing Product & Delivery Documents:
a) CPA
b) Q88
c) Vessel Product Ins. Policy (Lloyds)
d) Commitment ta Supply
e) Commercial Invoice
f) Statement of Product Availability
i) Certificate of Origin
j) Bill of Lading
k) Carga Manifest
l) Ullage Report
m) Certificate of Quality (SGS at Origin)
o) Notice af Readiness
p) ETA ta Destination
q) The Buyer may track or communicate with the Vessel at their convenience

8. Per Standard Shipping Protocols, the Shipper contacts the Buyer and Target Harbormaster within 48 hours of the arrival date. The Seller will issue the ATB and the DTA. Per local rules, Customs will accompany the Buyer.

9. Subsequent to the Q & Q Inspection, and in accordance with the Final Invoice, the Buyer executes Payment via MT 103 Wire Transfer. The Seller transfers the Title Documents and Shore Tanks are Injected.