PROCEDURE, FOB Rotterdam, Tank to Tank for

Jet A1 or Diesel EN 590 10 ppm

Origin: non sunctioned countries

1. Buyer issues Letter of Intent (LOI) to the Seller’s Firm, Seller then sends to the Buyer an
NCNDA for the Buyer to sign and attach his Corporate Seal and returns the countersigned
NCNDA to the Seller.

2. Seller then sends to the Buyer a Soft Corporate Offer (SCO).

3. Buyer acknowledges the Soft Corporate Offer and returns it to the Seller.
4. Upon receipt of the SCO to the Seller, Seller sends to the Buyer a Full Corporate Offer (FCO) for
his signature and Corporate Sealed endorsement.

5. BUYER issues Irrevocable Corporate Purchase Offer (ICPO) addressed to the SELLER with the
Seller's Procedures included in the ICPO along with the following items listed below.

a. Buyer's Company details:

b. Banking details,
c. a copy of the Buyer's Passport,
d. Corporate Registration
e. Letter stating that the BUYER will complete the Purchase Transaction.
f. Proof of Funds with Authorization to Verify.

6. SELLER receives and verifies the Buyer's ICPO with the Buyer's details and verifies Buyer's
Bank Proof of Funds Letter. Upon satisfactory verification of the information submitted by the
Buyer, the Seller then issues Commercial Invoice (Cl) for the Product in Seller's tank in Port
Terminal for the Buyer's signature endorsement.

7. Along with the return of the signed Commercial Invoice (Cl) the Buyer's submits a current tank
Storage Agreement (TSA) and Tank Storage Receipt (TSR) from the Buyer's Logistic Company.
TSR must be valid for the present transaction with the Seller and must be issued with the
Refinery’s Name on the TSR. If the Buyer has an existing Tank Contract in the Buyer’s name, then
the Buyer will be required to issue a Letter of Authorization authorizing the Seller to use the
Buyer’s Tank Contract for the duration of the Contract between the Buyer and the Seller.
8. The SELLER verifies the Tank Storage Agreement (TSA) and the Tank Storage Receipt (TSR).

9. Upon receipt of the Buyer's validated TSR, the Seller will release to the Buyer the following
POP Documents;
g. Cl - Legalized Commercial Invoice.
h. Commitment to Supply.
i. Fresh SGS (not older than 48 hrs).
j. ATV - Authorization to Verify
k. DTA - DIP Test Authorization.
l. Commitment Letter to Supply.
m. Export License.
n. Statement of Product Availability.
o. TSR - Tank Storage Receipt with Barcode and GPS Coordinate.
p. Certificate of Origin from the Seller

10.If the BUYER so chooses to conduct a DIP Test of the Product in the Seller's Reservoir then
the cost is a responsibility of the Buyer.

11. Buyer makes payment for the Total Value of the Invoice prior to the Product being injected
into the Buyer’s tanks. Payment must be made by MT103 SWIFT Wire Transfer before the
Product is injected to the Buyer’s Tank. Upon Receipt of the Payment in the Seller’s Bank
Product Injection Scheduling will start within 48 hours.

12. Buyer provides Authority to Inject (ATI) from his Logistics Company to enable the Seller to
commence injection.

13. Seller pays all intermediaries involved in the transaction within 72 hours of receipt of the
full payment by the Buyer.

14. Seller agrees to extension of Transaction by issuing 12 Months Contract to the Buyer for
monthly shipments to contract.