En950

Greetings from Company MerCator (МерКатор).

En590 10ppm, price: 510-520$ (depends on the dollar exchange rate).

DIP & PAY PROCEDURE FOB ROTTERDAM, HOUSTON, AL FUJAIRAH, JURONG, WITH SGS REPORT. NON-NEGOTIABLE

TANK-TO-TANK (TTT)

To start the procedure you need to send: LOI, CIS, TSA, POF.

1. The Buyer Issue an ICPO. Containing the seller’s work procedures and Banking Details along with TSA (TANK

STORAGE AGREEMENT), Buyer Certificate of incorporation, Company Profile (CP) and International Passport Copy,

POF.

2. Seller issues commercial invoice of products in tank at port, buyer signs and returns commercial invoice with

acceptance letter stating to adhere to seller procedure.

3. Seller Issue ICC Warning Letter to Buyer to sign and return within 3 International Working Days

4. The seller issues a copy of the SGS Report strictly to the buyer's Tank Farm Company only to verify the SGS Report.

5. After confirmation of successful verification of SGS Report only by Buyer's Tank Farm Company. The Buyer rents

and pays his tank for the first 5 days and the Seller pays the Buyer's Tank Company for 2 Days after Buyer's Tank

Company receives payment from the Buyer's Company.

6. All Parties must sign NCNDA and IMFPA for endorsements.

7. The seller issues the following POP documents to the buyer; the buyer performs a Dip test on the product and

makes payment for the total value of the product injected into the tank via MT103 -TT:

(a) SGS report for quality and quantity at shore tank not older than 48 hours

(b) Product Certificate of Origin

(c) Product injection report at shore tank

(d) Tank storage receipt with full GPS

(e) Unconditional dip test authorization letter coordinates

(f) Authorization to sell and collect

(g) NCNDA-IMFPA agreement

(h) Q&A

8. Seller sends payment of all intermediaries involved in the transaction 24 hours after receiving confirmation of

Buyer Payment as per signed & sealed NCNDA/IMFPA which is notarized by Public Notary in Kazakhstan and

Authorized by Seller's Bank and then monthly remittance is continued as per terms and terms of the contract of sale

and purchase agreement t between the buyer and seller.