BANK ENDORSED

IRREVOCABLE CORPORATE PURCHASE ORDER

Effective as of The 3th of December 2009 ( valid 7 Days )
To : numele firmei dvs
VIA:
Mr. SORIN NICOLAE POP and his agents group to be notified by NCNDA
ROMANIA, Cluj County, Dej City,
1 Dr. Ciceo Pop Str.
ID 12546016 / 1631227322240

Dear Sirs,
I, .on behalf of the BUYER S.C. . SRL,
Romania, , hereby confirm with full corporate
responsibility, that we are ready willing and able to transact and purchase the
commodity detailed below, with the following specifications, terms and
conditions. Sales and purchases will be based on international procedures.
THE BUYER:
NAME_________________________________________________________
ADDRESS
______________________________________________________________
REPRESENTATIVE:

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1. COMMODITIES : REFINED CANE SUGAR ICUMSA 45 100 RBU

2. ORIGIN: BRASIL
3. TOTAL QUANTITY:
Monthly Quantity of Shipment: 12,500 Metric Tons (MT) +/- 2%
Yearly Quantity of Shipment: 150,000 Metric Tons (MT) +/- 2%

4. UNIT PRICE:
US$ per Metric Ton
5. DELIVERY TERMS:
Price of . United States Dollars, only ) per Metric Ton is to be
understood Freight Paid to . INCOTERMS 2000
Each monthly transport will be effected by ship
6. TOTAL CONTRACT VALUE:
Monthly shipment value:
12,500
MT
+/2%
at
US$
..
/
MT
equal
US$
United States Dollars, only )
+/- 2 %
Yearly shipment value:
150,000
MT
+/2%
at
US$
../
MT

States Dollars, only ) +/- 2%

equal
United

7. PAYMENT TERMS:
OPERATIVE, IRREVOCABLE, CONFIRMED, TRANSFERABLE, ASSIGNABLE,
UNCONDITIONAL, UNRESTRICTED, UNENCUMBERED, CASH BACKED
STANDBY LETTER OF CREDIT (SBLC), REVOLVING for fully funded to the
monthly
shipment
value
+
2%
of

. United States Dollars, only), CONFIRMED by

a Top 50 World Prime Bank, each shipment to be PAYABLE by TT (MT103/23),
100% at first sight of documents at the Buyers Bank.

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8. PERFORMANCE BOND:
2% (Two Percent) of the value of the payment instrument.

9. SHIPMENTS AND DELIVERY:

The above mentioned total quantity shall be shipped and delivered by railway
transport means of monthly shipments of 12,500 metric tons, following
confirmation, verification, authentication of an operative payment instrument
(DLC) in a format acceptable to the Seller and the Sellers Bank.
10. PROOF OF PRODUCT:
The Sellers Bank will issue the POP to the Buyers Bank (bank to bank) by MT
799.
11. TERMS OF DELIVERY:
Freight Paid to.. ( DDU ) - INCOTERMS 2000,
monthly transport will be effected by railway wagons.

each

12. PACKING:
Sugar is to be packed in fifty (50) kilogram net weight in new poly lined ethylene and
Polypropylene bags or internationally acceptable equivalent. The Seller will supply
Two percent (2%) of empty bags at the Sellers expense provision of those same
Empty bags shall be so stated on the bill of lading and invoice as free of charge.
13. INSPECTION:
At Sellers cost the goods shall be inspected by SGS or equivalent at the port of loading.
14. INCOTERM:
Unless otherwise specified hearing, INCOTERMS 2000 plus subsequent amendments.

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15. DOCUMENTS FOR CLEARING GOODS AND SETTLING PAYMENTS:

A) FULL SET OF SHIPMENT BILL PER EACH SHIPPED AND DELIVERED
B) CERTIFICATE OF WEIGHT, QUANTITY AND QUALITY ISSUED BY SGS OR
LLOYDS OR COMPATIBLE AUTHORITY

C) CERTIFICATE OF ORIGIN, ISSUED BY THE AUTHORITIES IN BRASIL

D) SELLERS SIGNED COMMERCIAL INVOICE IN 1/3 COPIES.
ONE (1) ORIGINAL SET OF THE ABOVE DCUMENTS SHALL BE SENT DIRECTLY
TO YOUR BANK, AND THREE (3) ORIGINAL SETS OF THE NON-NEGOTIABLE
DOCUMENTS SHALL BE SENT TO YOU VIA FIRST CLASS COURIER SERVICE
16. BUYERS BANKING INFORMATION:
BUYERS NAME
Bank Name
Bank Branch Address
Account Name
Account No.
SWIFT Code
Bank Officers Name
Bank Telephone
Bank Fax Number
Email
17. AGREEMENT PROCEDURES:
1. Buyer issues Bank endorsed Irrevocable Corporate Purchase Order
(ICPO).
2. Seller issues Full Corporate Offer (FCO).
3. Buyer signs and seals EACH page of FCO and returns to Seller.
4. Seller issues Pro forma Invoice / Agreement which will incorporate full
terms and conditions.
5. Buyer signs and seals EACH page of Pro forma Invoice / Agreement and
returns to Seller. Seller signs and seals Final Agreement and returns copy
to Buyer.

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to be continued page 5

6. Within 5 International banking days the Buyers Bank issues an

Operative, Irrevocable, Transferable, Assignable, Confirmed (by Top 50
World Bank), Unconditional, Unrestricted, Unencumbered, Revolving DLC
at Sellers Bank ( according to pct. T Payment terms as above )

7. Within 5 International days the Sellers Bank issues by Swift MT 799 to the
Buyers Bank the Proof of Product (POP) and by Swift MT 760, a 2%
Performance Bond (PB).
8. Shipments will be within 30 days after receipt of the SBLC/BG.
9. Payment by TT (SWIFT Wire Transfer MT 103/23) upon sight of
documents at Buyers Bank.
18. ICUMSA 45 WHITE CANE SUGAR SPECIFICATION
Ash content : 0.04% Max
Moisture: 0.04% Max
Solubility: 100% Dry & Free Flowing
Radiation: Normal without presence of cesium or iodine
Color: Sparkling White Crystal
Granulation: Fine to Medium
Reducing Sugar: 0.05 % max by weight
Packing: in 50 kg new Jute/Polypropylene bags suitable for sea and ocean
transport

For The Buyer

[ company name ]

Representative
[ Name in Full ]

Signature and Stamp

Remarks: Buyer has to sign and stamp each page of ICPO

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BANK COMFORT LETTER

FOR THE BUYER

Print Name ______________________________________________________Position:
Date:

______________________________________________________
_________________, 2009

Corporate Seal and Stamp:

DATE:
TO:
WE, (B A N K ) , _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ C O U N T R Y , AND
THE UNDERSIGNED BANK OFFICERS, HEREBY CONFIRM
WITH
FULL
RESPONSIBILITY
THAT
( B U Y E R )
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ I S KNOWN
TO US TO BE CAPABLE TO REALIZE A PROJECT FOR THE
PURCHASE OF PRODUCT OF ICUMSA 45 (WHITE REFINED
CANE SUGAR), A TOTAL YEARLY QUANTITY OF 1 5 0 , 0 0 0
M T FOR THE MONTHLY VALUE SHIPMENT OF MAXIMUM
US$

.. USA DOLLARS, ONLY).

SHOULD THIS PROCEED INTO A SIGNED CONTRACT
BETWEEN THE BUYER AND SELLER, THEN OUR BANKS
ALSO READY TO ISSUE THE RELATIVE NON-OPERATIVE
PAYMENT INSTRUEMENT TO SELLERS BANK AS IT WILL
BE SPECIFIED IN THE CONTRACT AFTER THE CONTRACT
IS SIGNED, SEALED AND EXCHANGHED BETWEEN OUR
B U Y E R _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ AND THE SELLER.

Signature page

Bank Officer (1)NAME

__________________________________________
PRINT

_________________________________________
Signature

Bank Officer (2) NAME

_______________________________________ Date_____________

PRINT

Signature

Date