THE SALE AND PURCHASE AGREEMENT

No: PKS/xxxxxxxx/X/2012
This Sale and Purchase Agreement (hereinafter referred to as the AGREEMENT) is made and
entered into as of October 30th, 2012 by and between:
30/10/2012

SELLER
Name of company
Address

:
:

AND
BUYER
Name of company
Address

:
:

(hereinafter referred to individually as the SELLER or BUYER and collectively as the PARTIES.)

WITNESSETH

WHEREAS, the SELLER is the legal entity and beneficial owner of Palm Kernel Shell as specified in
this Agreement (the Palm Kernel Shell);

WHEREAS, the SELLER agrees to sell Palm Kernel Shell to the BUYER and BUYER agrees to purchase
Palm Kernel Shell from the SELLER, with the consideration and the terms and conditions set out in
this Agreement;

NOW THEREFORE, the Parties have agreed to enter into this Agreement under the terms and
conditions as set out herein:

ARTICLE 1

DEFINITIONS
In this Agreement unless the context otherwise permits the following terms shall have the meanings
stated below:

Palm Kernel Shell means Palm Kernel Shell produced at SELLERS operations in Sumatra,
Indonesia.

Ton(s), Tonne(s), and MT means metric tonnes of 1,000 Kgs as defined in

International System of Units. A fraction of a tone(s) in any calculation shall be rounded up
to the three decimals.
TON(S)TONNED(S) MT
1000

Dollars, US$, $, Cents where used shall refer to the currency of the United States of
America. A fraction of a cent in any calculation shall be rounded up to the nearest cent if such
fraction is one half of a cent or more, and otherwise shall be rounded down.
Dollars, US$, $, Cents

FOBT means Free on Board in accordance with Incoterms 2000, Spout and Trimmed in
BUYERS vessel at the Loading Port.
FOBT

2000

Loading Port means one safe berth at Indonesias Port.

Destination means China or any other destination notified by BUYER.

Bill of Lading means receipt given by the vessel for the Palm Kernel Shell shipment and is a
document of title.

ETA means estimated time & date of arrival.

ETA

ISO means the International Organization for Standardization.

ISO

Kcal means Kilocalorie(s) as defined in the International System of Units.

KCAL

Mm means Millimeter as defined in International System of Units.

MM

Laytime means time allowed to load the cargo on to the vessel.

Major Indonesian Holidays means 2 days of Idul Fitri, 1 day of Idul Adha, 1 day of
Independence Day, 1 Day of Christmas Day.
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1
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Working Day means a day upon which business is regularly transacted and unless expressly
stated, the term day shall be deemed to mean calendar day.

Weather Working Day means day of 24 consecutive hours on which work in loading Palm
Kernell Shell on board a vessel may be carried out without loss of time due to the weather.
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Pratique means permission to do business at a port by a ship that has complied with all
applicable local health regulations.

Statement of Facts means a statement prepared by the ships agent at the port of loading
which shows the date and time of arrival of the vessel and the commencement and
completion of loading. It details the quantity of cargo loaded each day, the hours worked and
the hours stopped with the reasons of stoppages.

Time Sheet means a document which records all daily particulars relating to the loading or
discharging of cargo as well as the duration of and reason for any stoppage of work and is
used as a basis for the calculation of demurrage/dispatch.

Delivery Period Means a period commencing on shipment, and this shall be in of

November 2012. The laycan shall be mutually agreed by both parties.

201211

ARTICLE 2

QUANTITY
The total quantity of the Palm Kernel Shell to be delivered by the SELLER shall be 1 x 20,000 MT
10% depending on vessels sizeincreasing or decreasing in payment according to the actual
weight. The contract will be for 1 year contract or 12 shipments (20,000mt X 12 shipments in 1
year). Partial shipment is not allowed .Delivery should start at after signed contract and receive
letter of credit, the following cargoes to be delivered with 20 days spread.
1000010%

20

ARTICLE 3
SPECIFICATION

The typical quality of Palm Kernel Shell to be supplied hereunder shall conform to the following
specification:
Parameter
Total Moisture (As received basis)

Unit
19%2% 192%

Price will not be adjusted in this range, if over the price will be calculated by dry
weight.(see article 6)
Impurity
:
3%max 3
3

Ash (Air dried basis)

total Sulfur (Air dried basis)
Net Calorie Value (Air dried basis)

:
5% max 5%
:
0.1% max 0.1%
: 4000 Kcal/Kg min 4000

ARTICLE 4

PRICE
The price of Palm Kernel Shell shall be USD50/MT FOBT Mother Vessel , Dumai Port,Sumatra
Indonesia or at any Indonesia Port according to Incoterms 2000.

ARTICLE 5
CARGO WEIGHT DETERMINATION
5.1. The cargo weight of each shipment shall be calculated using draft surveys and shall be
determined at the loading port.

The draft surveys shall be conducted by SGS or any other mutually agreed inspection agency.

SGS

The SGS or any other mutually agreed inspection agency shall provide the corresponding
Certificate of Weight for each shipment at loading port. SGS

The weight so determined shall be final and binding upon the SELLER and the BUYER for the
purpose of this contract, and shall form the basis of settlement.

5.2. The costs of draft surveys at loading port shall be for the account of SELLER.

ARTICLE 6

SAMPLING, PALM KERNEL SHELL QUALITY ANALYSIS AND UMPIRE ANALYSIS

The BUYER shall have the option to send their representative to the loading port to witness the
loading operation, sampling and analysis of cargo, if required.

The final payment will be calculated by dry weight.The calculation way is as the following:
,

Dry weight price

: $5080%
= $62.5
20% moisture
: $62.5080%
= $50.00
15% moisture
: $62.5085%
= $53.125
25%moisture
: $62.5075%
= $46.875
If the moisture is over 25%, the PKS will be rejected.
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ARTICLE 7

BASIC CONDITIONS CONCERNING DELIVERY AND TRANSPORTATION

7.1. OBLIGATION OF THE BUYER

The BUYER shall be fully responsible for the arrangement of transportation of Palm Kernel
Shell from Loading Port and shall arrange for vessels suitable to enter, berth at and leave
Loading Port.

7.2. OBLIGATION OF THE SELLER

The SELLER shall complete the necessary preparation for loading of Palm Kernel Shell before
arrival of the BUYERS vessel in accordance with Article 9

SELLER at its own expense shall be fully responsible for loading Palm Kernel Shell in bulk, on
the BUYERS vessel spout trimmed at Loading Port, free of risk and damage to the BUYER or the
BUYERS vessel.

ARTICLE 7-A
TERMS OF PAYMENT
7-A.1
Letter of Credit
7-A1.1 After the LC draft is approved by both parties, the Buyer shall issue it from the bank
named in the LC draft. If the name of the issuing bank is changed before its issuance, the
prior approval of the Seller is required.
7-A.1.2 The Buyer shall issue the LC with the following details:

Type of Credit: Irrevocable

PTxxxxxxxxxxxxxxxxx

Beneficiary: Seller Beneficiarys

Validity: 45 days from date of its issuance.
Tenor: Sight
Available with Sellers bank in Indonesia by payment at sight of Sellers documents
for first drawing of 100% on loading of the PKS.

T/T reimbursement is not allowed

Latest shipment date: on or before November 15th, 2012 for the first shipment.
Documents: Standard export documents, including Certificate of Origin Form E,
inspection certificate issued by surveyor at loading port, phytosanitary certificate.

Terms and conditions to be incorporated in the original credit as per LC draft

approved by both parties.

In the event that the seller dont have any Palm kernel shell to offer after the buyer
has issued the Letter of Credit, seller will be penalize for 2% of the total contract for
1(one) shipment.

and

Non-transferable, transferred only

to

7-A.2.3 The Seller is allowed to reject the original LC issued by the Buyer if the terms and
conditions therein are not consistent with those shown in the approved LC draft.
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7-A.2.4 If the Buyer refuses to amend the LC as requested by the Seller due to an event
described in the forgoing provision, the Seller is entitled to seek indemnity or
compensation from the Seller for losses or damages incurred, including all other third
party claims made against the Seller, due to or arising from the Buyers non-performance
of this Contract.
7-A.2.5 After the Buyers LC is received in good order, the Seller shall notify the Buyer in
advance about the loading date of the PKS on board the carrying vessel at the loading port,
and the Buyer shall at its own preparation and cost arrange for its representatives to
observe the cargo loading operations.
7-A.2.6 If multiple shipments are required over the contractual period of 12 months or more for
consecutive monthly shipments, the Buyers LC shall be a revolving non-accumulative
credit.
7-A.2.7 The Buyers LC shall be issued by a bank in China or Hong Kong acceptable to the
Sellers bank in Indonesia for its transfer.
7-A..2.8 The Buyer shall amend and remove terms and conditions in the LC application at
Sellers request if they are deemed to be unacceptable by the Seller for the shipment of
the PKS before confirmation of the LC application by both parties.
7-A.2.9 The banking charges of the Buyers bank are for account of the Buyer and the banking
charges of the Sellers bank are for account of the Seller
ARTICLE 8

SHIPPING SCHEDULES
8.1. Laycan has been agreed to be in before November XXth, 2012, and BUYER shall nominate the
vessel and a fixed shipping schedule ten (10) days, prior to ETA load port to SELLER, for
approval by SELLER within two (2) working day after receipt.

before November xxth, 2012

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Such Schedule shall specify:

a)

The tonnage of Palm Kernel Shell to be loaded, the name of the vessel and her
particulars, including but not limited to the following items:

Year of Built (maximum 20 years)

20

Vessel Type and Size
Register Tonnage (GRT/NRT)

Vessels main dimension (including Length, Breadth, Depth,

Deadweight etc.)

b)

Cargo Gear (gear or gearless)

Capacity of Ballast System

Hatch Dimension and Cargo Hold Capacity
ISPS Certificate of Compliance

The estimated time of arrival (ETA) at loading port.

Last port before arrival

The necessary details of other to be loaded on the same vessel at loading port.

Vessel must be clean (expressed by Certificate of Hold cleanliness).

8.2. The quantity of Palm Kernel Shell to be loaded into the BUYERs vessel may be varied by ten
percent (10%) more or less of the notified quantity at the discretion of the vessels master
increasing or decreasing in payment according to the actual weight, subject to the maximum
tonnage to be sold and purchased as specified in Article 2
.
10%

8.3. BUYER shall ensure that the master of the BUYERs vessel shall advise - in writing (e-mail,
facsimile or telex) or by radio to the SELLER or a person designated by the SELLER - its
estimated time of arrival at the loading port seven (7) days, five (5) days, and twenty four (24)
hours before the BUYERs vessel is expected to arrive.

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7
5

8.4. In the event that any Force Majeure conditions occur or are likely to occur regardless whether
declared or not in accordance with Article 12 the treatment of the scheduled vessel may be
discussed in good faith by the BUYER and the SELLER.
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However, once Force Majeure is
declared in accordance with Article 12 by the SELLER and if there appears,

12

in the mutual opinion of both the BUYER and the SELLER, little
likelihood for early conclusion to the Force Majeure condition,

the BUYER shall have the option to cancel any scheduled vessel under this
agreement or divert it to other port (s) subject to Article 12.3

12.3

The BUYER and the SELLER shall use their best efforts to normalize shipping schedules as soon as
possible after removal of Force Majeure.

ARTICLE 9

LOADING TERMS
9.1.

LOADING PORT
Seller guarantees one safe berth at Dumai Port, Sumatra Indonesia.
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Maximum length overall : XXX meters. XXX

Breadth Max
: XX Meter XX
Beam
: unlimit

Shipping company designated by the buyer to the seller the seller arrange the shipment for the
buyer, the freight will be paid by the buyer.
9.2.

SHIPPING ARRANGEMENT
The BUYER shall arrange for and provide vessel.
The BUYER may arrange vessels as stipulated in above (a) to be fully loaded with
the Palm Kernell Shell defined under this Agreement.

9.3.

NOTICE OF READINESS
Notice of Readiness (NOR) to load shall be tendered in writing (e-mail, facsimile, telex) or by
radio upon the vessels arrival at the Loading Port anytime day and night, including Sundays
and Holidays (ATDNSHINC) except Major Indonesian Holidays, with the following conditions:

9.4.

If the vessel directly berths, NOR shall be tendered upon berthing after free
pratique.

If the vessel is compelled to wait for berth due to any reason, NOR shall be
tendered upon the vessels arrival at anchorage point for the Loading Port.

LAYTIME
Laytime shall commence twelve (12) hours after the vessel tenders NOR unless sooner
commenced.
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If the vessel is
compelled to wait for berth at anchorage point,

shifting
time from anchorage point to berth shall not count as laytime, unless the vessel is on
demurrage.

Time lost by the following causes shall not count as laytime:

a)

Loading interruption due to wind, rain, fog, or other natural causes, and interruptions

due to cleaning being required after rain.

b)

Delays due to breakdown of the vessels loading equipment(s), ballasting equipment(s)

or lighting equipment(s), or delays due to the vessels requirement(s) to change stowage

plan or loading sequences, or to have special trimming.

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c)

Shifting time due to the vessels requirements (shifting time due to SELLERs

requirement shall count as laytime).

d)

Maneuvering time from anchorage to loading berth, time lost due to berthing operations
and preparations by the vessel to berth, and time taken for completion of pratique at

anchorage or after berthing.

e)

Excess time resulting from the vessel arriving at Loading Port prior to the laydays
agreed between the BUYER and the SELLER, provided however that in case the SELLER
can arrange to load prior to such laydays, time actually used for loading shall count as

laytime.

f)

Time lost due to the causes stipulated in Article 12 herein. Provided that the SELLER or
the SELLERs representative declares to the master of the vessel or his agent the
situation is one of the Force Majeure events pursuant to Article 12, the time from when
Force Majeure is declared to when the Force Majeure event terminates shall not count as
laytime. However, the time from when Force Majeure event(s) occur(s) to when Force

Majeure is declared shall count as laytime.

Notwithstanding the provisions stipulated in above (a), (b), (c), (d), (e), and (f) after the
BUYERs vessel is on demurrage, all time lost shall continuously count as laytime, including
the case when Force Majeure is declared after the vessel is on demurrage.

(f)

a), (b), (c), (d), (e),

9.5.

LOADING RATE

a)
The SELLER shall load the Palm Kernel Shell aboard vessel at the following average
rates per weather working day, Sundays and a public holiday or a local holiday included
(PWWDSHINC).

PWWDSHINCLoading rate: 2,000 MT per Weather Working Day,

Sundays and Holidays included (PWWDSHINC) except Major Indonesian Holidays basis
vessel.
2000

PWWDSHINC

In case vessel is loaded during excepted period the actual time used to
load to count as laytime

b)

9.6.

In case a vessel is only partially loaded at the Loading Port, then the loading rate shall be
determined by the quantity loaded rather than the vessel size.

DEMURRAGE MONEY
a)

Lay time calculation will be made by SELLER based on Statement of Facts (SOF) issued
and duly signed by all parties including master of the vessel, vessel agent, etc.

b)

Allowable laytime shall be calculated by dividing the actual loaded quantity by the
loading rate.

c)

Allowable laytime shall be expressed to the fifth decimal place, with the sixth decimal
place being rounded up if five or greater and rounded down otherwise.

d)

Demurrage money shall be paid by the SELLER to the BUYER for time lost after
expiration of allowable laytime at the rates provided hereunder.

e)

The rate of Demurrage per day shall be paid as per charter party terms.

9.7.

SHIPPING TOLERANCE
The master of the vessel shall be entitled to increase or decrease the quantity of the Palm
Kernell Shell to be loaded onto a vessel within the range of 10 % (such range shall be in
hereinafter called Shipping Tolerance). +-10%(
) However, the quantity of the Palm Kernell Shell to be loaded onto a
vessel shall mean the tonnage notified by the BUYER to the SELLER and confirmed in
accordance with the provisions of Article 8.

9.8.

ALLOCATION OF LOADING EXPENSES

The terms and conditions of the proforma Americanized Charter Party or GENCON Charter
Party as modified by agreement between the BUYER and the SELLER shall apply to this
agreement in so far as they are applicable and are consistent with the terms and conditions of
this agreement and with the established practices of the Loading Port.

9.9.

Should the basic conditions at the Loading Port change, and should the provisions of this
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Article 8 become inconsistent with the customs and practices prevailing in the loading port,
the loading terms as set out herein shall be reviewed at the request of either the BUYER or
the SELLER and any change to the loading terms herein shall be mutually agreed.

9.10. In case of transshipment of anchorage, the SELLER shall discuss closely with master of
loading procedures.

9.11. DETENTION
In the event the vessel is prevented from or delayed in berthing or sailing at/from the loading
port as a result of SELLERs failure to complete all formalities and process necessary
documentation and BUYER has provided necessary L/C before shipment, SELLER will be
responsible for the costs associated with the detention of the vessel over and above
demurrage.

LC

9.12. DEAD FREIGHT

The Owner/Master/Agents of the vessel nominated to SELLER by BUYER shall declare the
stowage plan to the SELLER / their agents by e-mail/fax, prior to arrival of vessel at loading
port. Once the stowage plan is declared, the SELLER shall load Palm Kernell Shell as per the
quantity declared in the stowage plan. For any short quantity loaded, the SELLER shall pay
dead freight which shall be calculated by multiplying the short quantity by the freight of the
vessel nominated to the SELLER.

ARTICLE 10

TITLE AND RISK

Title and risk of loss or damage to Palm Kernel Shell shall pass from the SELLER to the BUYER as the

Palm Kernel Shell passes over the ships rail at Loading Port.

ARTICLE 11

PAYMENT
11.1. The BUYER shall open an Irrevocable at sight non transferable documentary Letter of Credit
established through an International Bank for each shipment that acceptable to the SELLER,
will be made in US Dollars for full invoice value covering the relevant shipment quantity
10% and in format acceptable to the SELLER. L/C shall be established for each shipment ten
(10) days prior to the arrival of vessel at loading port in favour of the SELLER subject to the
11

SELLER confirming their bank details to the BUYER for advising the L/C.

+-10%

10

a)

The SELLER shall arrange and submit to the BUYER a facsimile copy of each of the
following documents after completion of loading at loading port :

One (1) Original + two (2) Copies of Commercial Invoice

Three (3) Original + four (4) Copies of Bill of Lading marked freight
payable as per charter party, made out to the order and endorsed to the
order

TO ORDER
One (1) Original + three (3) Copies of FORM E issued by Indonesian
Chamber of Commerce or any other competent Government authority.

FORM E
One (1) Original + four (4) Copies of Certificate of Draft Survey issued by
surveyor at loading port.

One (1) Original + four (4) Copies of Certificate of Weight issued by SGS
at loading port.

SGS

One (1) Original + one (1) Copy of Certificate of Hold Cleanliness issued
by surveyor at loading port.

o Certificate of Quality issued by SGS Indonesia Limited

o Certificate of Fumigation issued by government authority
o Phytosanitary certificate issued by government authority

b)

The SELLER shall submit to the BUYER the copy of non-negotiable documents
stipulated in (1), (2), (3), (4), (5), (6) and (7) above within five (5) working days from
sailing of the vessel from loading port.

2
3

4
5

6
7

C)

Documents must be presented for negotiation within thirty (30) days from date of
shipment but within the validity of the credit.

30

11.2. All bank charges incurred by beneficiary are for beneficiarys account and all bank charges
incurred by applicant are for applicants account.

11.3

After the contract is signed, the buyer or the representative will go and inspect the PKS of the
seller and collect and seal the sample. Once the samples testing is passed, the buyer will
issue the LC to the seller within 3 days.
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ARTICLE 12

FORCE MAJEURE
12.1.

DEFINITIONS
The term Force Majeure as used herein shall mean any cause(s) beyond the reasonable
control of the party involving this Article, which causes may include but are not limited to:

a)

Acts of God; lightning; storm; fire; flood; landslide; earthquake; tsunami

b)

Acts of the public enemy; war; insurrection; sabotage; blockade; riot or disorder;

Orders or acts of military or civil authority, including, without limitation, any

regulation, direction, order made by any governmental authority or person acting
therefore, which is complied with in good faith;

c)

Strike; lockout; and other industrial or labors disturbance;

;;

d)

Explosion; breakdown or malfunction or damage from any cause whatsoever; or

accident by force or otherwise to mine railroad, storage facilities, processing plants,
terminal of port facilities or receiving/processing plant and facilities (provided,
however, that such breakdown, malfunction or damage was not caused by, and did not
arise as a result of, the intentional act or gross negligence of the party directly affected
by thereby, including such partys officers, employees, representatives and any other
persons under its control); or unavailability of equipment or energy from others.

Provided, however, that the aforementioned cause shall constitute Force Majeure only if, and
to the extent that, performance as contemplated in this Agreements is prevented or delayed.

12.2.

NOTIFICATION
In the event that either the SELLER or the BUYER is affected by an event of Force Majeure,
the affected party shall forthwith give written notice to the other party stating the
13

circumstances of the Force Majeure event and specifying the nature of the event together
with an estimate in good faith of the degree to which and the period for which its
performance will be affected thereby. The affected party shall, upon request by the other
party, provide evidence as to the occurrence of the event and the period of duration thereof.

12.3.

SUSPENSION OF OBLIGATION
If either the BUYER or the SELLER fails, or it delayed wholly or in part, in carrying out any of
its obligations under this Agreement due to Force Majeure, except as otherwise expressly
provided herein, the obligations of the entity giving such notice shall be suspended to the
extent made necessary during the continuance of such Force Majeure or its effects; and the
entity shall incur no liability by reason of its failure to perform the obligations so suspended,
provided that the disabling effects of such Force Majeure shall be eliminated by the affected
entity as soon as to the extent reasonably possible, further provided that settlement of labor
disturbances shall be within the sole discretion of the affected party

Any deficiencies in the supply or purchase of Palm Kernel Shell hereunder, excused by Force
Majeure are to be made up only following mutual agreement.

13.1

13.2.

ARTICLE 13

ARBITRATION
Any dispute arising out of or in connection with this Agreement, including any question
regarding its existence, validity or termination, which cannot be settled by mutual accord
between the BUYER and the SELLER, shall be referred to Arbitration Institutions between

both recognition.

The Tribunal shall consist of three arbitrators to be appointed by the Chairman of the SIAC.
The decision of the majority of the arbitrators shall be final and binding on the parties
hereto, including the decision as to allocate of the costs of such arbitration.

13.3.

The language of the arbitration shall be English and Chinese.

13.4. The applicable arbitration laws is china laws.

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ARTICLE 14

LIABILITIES
The liability of a party in respect of any claim brought by the other based on a failure of the first
party to fulfill its obligations hereunder shall be limited in any event to liability for direct loss
suffered by the party aggrieved and shall exclude lost profits.

ARTICLE 15

MUTUAL COLLABORATION

Both the BUYER and the SELLER recognize that circumstances may arise which could not have been
foreseen at the time this Agreement was entered into. Both parties agree that they will use
reasonable efforts to solve any problems due to any such unforeseeable circumstances in the spirit
of mutual understanding and collaboration.

ARTICLE 16

TAX
All import duties, levies, dues etc. on the imported material from the vessel if any at discharge port
shall be to the BUYERs account. All taxes, duties, export tax, levies etc. on loading goods in the
country of origin / loading (Indonesia) to be at the SELLERs account.

ARTICLE 17

AMENDMENTS
Any amendments of this contract shall be in the form of an addendum in writing to be signed by both
parties and shall, thereafter form and become an integral part of this contract.

ARTICLE 18

NOTICES
Any notice required or permitted by this agreement shall be in writing and in the English Language
and may be delivered personally or may be sent by telex, e-mail, facsimile, or prepaid registered mail
addressed to the parties, as follows:

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ARTICLE 19

CONFIDENTIALITY
This Agreement is confidential and shall not be disclosed except to affiliates of the parties and
appropriate governmental entities, unless otherwise agreed between the parties.

ARTICLE 20

ASSIGNMENT
Except for assignment to an affiliated company, neither party may assign or transfer the Agreement
or any rights or obligations there under without the prior written consent of the other party, which
consent shall not be unreasonably withheld.

ARTICLE 21

WAIVERS AND REMEDIES

The failure of either party to insist in any one or more instances upon strict performance of any of
the provisions of this Agreement or to take advantage of any of the provisions of this Agreement or
to take advantage of any of its rights hereunder shall not be construed as a waiver of any such
provisions or the relinquishment of any such rights and the same shall continue and remain in force
and effect. All remedies afforded under this Agreement shall be taken and construed as cumulative
and in addition to every other remedy provided for herein or by law.

ARTICLE 22

HEADINGS
The headings to Articles are inserted for convenience only and shall not affect the construction of
this Agreement.

ARTICLE 23

ENTIRE AGREEMENT
This Agreement includes all agreements, promises and understandings of the Parties hereto
concerning the subject matter hereof, and shall absorb and supersede any and all prior discussions,
agreements and understandings, whether written or oral, in relation to Palm Kernel Shell sold and
purchased hereunder.

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Buyers/
:

Companys Name
Represented by
Bank Name
Bank Address
Account Name
Account Number
SWIFT Code
Bank Telp/Fax
Bank Officer

:
:
:
:
:
:
:
:
:

xxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxx

Seller Beneficiarys/
:

Companys Name
Represented by
Bank Name
Bank Address
Account Name
Account Number
SWIFT Code
Bank Telp
Bank Fax
Bank Officer

:
:
:
:
:
:
:
:
:
:

The Parties shall be bound only by the express provisions of this Agreement and documents to be
executed in the future by duly authorized representatives of the Parties.

IN WITNESS WHEREOF, both parties have caused their duly authorized representatives to execute
this Agreements validity of contract.

Signed by :
Buyer:

SELLER:

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Director

NOTARY:
SELLER BENEFICIARYS:

Director

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