COALSALEANDPURCHASECONTRACT

BETWEEN

LESTARIUSAHASUKSES

AND

PT.………………………

CONTRACTNO.001/
CSAPC/
LUS-
…..
/XI
I/
23

e:5TH DECEMBER,
Dat 2023

6000-5800GAR
 TABLEOFCONTENTS

1. Def
ini
ti
ons
2. Ter
m ofCont
ract
3. Commodi
ty,
Quant
it
y,Del
i
ver
y
4. Shi
pmentPer
iod
5. Speci
fi
cat
ions
6. Pr
iceandPr
iceAdj
ust
ment
7. Sampl
i
ngandAnal
ysi
s
8. Wei
ghi
ng
9. Pay
mentTer
ms
10.I
nsur
ance
11.Ti
tl
eandRi
sk
12.Shi
ppi
ngandLoadi
ngTer
ms
13.For
ceMaj
eur
e
14.Ar
bit
rat
ion
15.Mi
scel
l
aneous
16.Repr
esent
ati
on
17.Li
mitofLi
abi
l
ity
18.Assi
gnment
 COALSALEANDPURCHASECONTRACT

001/
CSAPC/
LUS-
..
..
..
./
XII
/23
Thi
sCont
racti
smadeont
hisdayof5thDecember
,2023

PTLESTARIUSAHAMANDI RI,aCompanyi ncorporat

edunderthe
l
awsofI ndonesiaandhav ingitsregi
ster
edof f
iceatTanahBar u
BETWEEN :
Resi
dence,JalanCit
arum I
IIBlokA4No. 01KotaBogor ,JawaBar
at
-I
ndonesi
a( herei
naf
terr
eferredtoas"Sell
er"
)ont heonepart.

PT.……………………. .,a Companyi ncorporat

ed undert he laws of
Jalan ..
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..
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..
, Ci
na
AND :
(herei
naf
terr
eferredtoas“ Buyer”)ontheotherpart.

WhereastheBuyerhasrequi
rementofSt
eam Coalandt
heSel
l
erhasagreedtosupplyand
del
iv
ertherequir
edquanti
tyofcoalt
obeusedattheBuy
er’
spl
antasperthespeci
fi
cati
ons
setf
orthi
nArticl
e5.

Forandinconsiderat
ionofabovepremi
sesandbythi
sCont
ract
,theBuy
eragreest
obuy
andtheSel
leragreestosellacer
tai
nquant
it
yofCoalont
hetermsandcondi
ti
onssetout
bel
ow:

1. DEFI
NITI
ONS
I
nt hi
scontract
,unlessthecont
extother
wiser
equi
res,t
hef
oll
owi
ng t
ermsshal
l
r
especti
vel
yhavethefol
lowi
ngmeani
ngs:
a) “
ADB”means“
AirDr
iedBasi
s”
b) “
ARB”means“
AsRecei
vedBasi
s”
c) “
Appl
icant
”meanst
heBuy
erwhoshal
lopent
heLCi
nfav
ouroft
heSel
l
erf
or
maki
ngpay
mentt
otheSel
l
erf
ort
hecoal
shi
pment
.
d) “
ASTM”meanst
heAmer
icanSoci
etyf
orTest
ingandMat
eri
als.
e) “
Benef
ici
ary
”meanst
heSel
l
erwhoshal
lrecei
vepay
mentf
ort
hecoalshi
pment
t
hrought
heLCopenedbyt
heBuy
er.
f
) “Bi
ll of Ladi
ng”or “BL” means r
ecei
pt gi
ven by t
he v
essel f
or t
he
car
ri
ageofcoalshipmentandi
sadocumentoft
it
le.
g) “
Base Pr
ice”means t
he agr
eed FOB pr
ice pert
on ofcoalt
o be suppl
i
ed
her
eunderbef
oreadj
ust
mentf
orqual
i
tyasperAr
ti
cle6.
2
h) “
Busi
nessDay
”or“
Wor
kingDay
”meansanydayt
hati
snotaSat
urdayorSunday
andisnotal
egalhol
idayoradayonwhi
chbankinginsti
tut
ionsar
eauthor
izedor
obl
igat
edbyl
aworr egul
ati
ontocl
osei
nIndonesi
a,Singaporeori
nIndi
a.
i
) “Cer
tif
icat
e ofSampling and Analysi
s”means a cer t
if
icat
eissued by the
I
ndependentLaborat
oryoft heIndonesian I
nspect
ion Agency/Independent
Surv
eyornominat
edfortheshipmentatloadport
.
j
) “
Certi
ficat
eofWei ght”meansacer t
if
icat
eissuedbyali
censedIndonesi
an
I
nspectionAgency/IndependentSur
veyornominat
edf
ort
heshipment,set
ti
ng
f
ort
ht heweightoft
heshipmentofCoal.
k) “
Coal
”meansSt
eami
ng(
Non-
Coki
ng)Coali
nbul
kofI
ndonesi
anor
igi
nthat
meet
sthespeci
fi
cat
ionssetf
ort
hint
hisCont
ract
.
l
) “CoalQuali
tyRejecti
onLi
mits”meansthosepar
ametersofcoalspeci
fi
cat
ions
l
istedunderRejecti
oninArt
icl
e5.1basedonwhi chtheBuyermayr ej
ectthe
shipment
.
m) “
CoalQual
it
ySpeci
fi
cat
ions”meanst
hosespeci
fi
cat
ionsasl
i
stedi
nAr
ti
cle5.
1
n) “
Commer
cial
Inv
oice”meanst
hei
nvoi
cepr
epar
edbySel
l
er.
o) “
Consent
”meansanyappr
oval
,consent
,aut
hor
izat
ionorot
herr
equi
rementt
hat
i
srequi
redf
rom anyGov
ernment
alI
nst
rument
ali
ty.
p) “
CP”meansChar
terPar
tyent
eredi
ntobet
weenBuy
erandt
heVessel
Owner
.
q) “
Dischar
gePor
t”meanst
hatpor
toranchor
ageatwhi
cht
heshi
pmentofCoal
pur
chasedbyt
heBuy
erher
eunderar
eunl
oadedandt
hev
esselconcer
nedi
s
di
schar
ged.
r
) “Dr
aftSurv
ey ”means a marine dr af
tsurvey carri
ed outby the l
icensed
I
ndonesi
anInspect
ionAgency/IndependentSurv
ey ortodeter
minethequantit
y
ofCoali
nmetri
ctonnesl
oadedontot hevessel
.
s) “
ETA”meanst
heexpect
edt
imeanddat
eofar
ri
valoft
henomi
nat
edv
esselat
l
oadpor
t.
t
) “EventofFor ce Maj eure”means a ci rcumst ance orsetofci rcumst ances
occur r i
ngbeyondt her easonabl econt rolofaPar ty,hamper ingt heper formance
oft hewor kssetf orthher ein,namel y:war ,condi ti
onsofwar ,act sofenemi es,
embar goes,blockades,r ev olution,r ebellion,riot,sabot age i nsur rection,ci v
il
disor dersordi stur bances,anar chy ,criminalact s,act soft errorists,expl osi
on,
fi
re,f lood,windst or m,ear thquake,t sunamiandot hernat uralcat astrophesor
actsofGod,nat ionalorpr ov incialemer gency ,strikes,lockout sorot herlabor
distur bancesofanyki nd,inadequat et hir
dpar t
yt ranspor tati
onf acilit
ies,inabil
it
y
tosecur emat er ials,equipment ,suppl ies,f uelorpower ,breakdownofanypl ant
orequi pmentdespi tecompl i
ancewi t
hgoodoper ati
ngpr acticeandt ot heextent
notcausedbyt henegl i
genceoft heaf f
ect edPar t
y,or der,act soromi ssions,or
otheroccur r
encesasof fi
ciallydecl aredbyt heGov ernment( includi ngchangesi n
l
aw and gov ernment alpol icy,r ef usalst o actordel aysi n act i
ng)ofany
gov ernment alagencyori nterferencebyci vilormi l
itaryaut horityandal ldirector
i
ndir ectmat erial consequencest her eof .
u) “
FOB”meansFr
eeonBoar
d
v
) “
Fract
ionofacent/t
onne”i
nanycal
cul
ati
onshal
lber
oundedupt
othenear
est
cent/tonnei
fsuchfr
act
ionisonehal
fofacent/t
onneormor
eandshal
lbe
roundeddownwhenot
her
wise.
w) “
GCV”meanst
hegr
osscal
ori
fi
cval
ueoft
heCoal
.
x) “
GAR”meansgr
ossasr
ecei
vedbasi
s,onwhi
chGCVi
scal
cul
ated.
y
) “
Gov
ernment
”meanst
heGov
ernmentoft
heRepubl
i
cofI
ndonesi
a,i
ncl
udi
ng
Cent
ral
,pr
ovi
nci
al,
regi
onal
andmuni
cipal
lev
elsofgov
ernment
.
z) “
Gov
ernment
alI
nst
rument
ali
ty”ofanycount
ry,meanst
hegov
ernmentofsuch
country and any mini
str
y,depart
ment,poli
ti
calsubdi
visi
on,inst
rument
ali
ty,
agency,corporat
ionorcommissionundert
hedirectori
ndir
ectcontr
olofsuch
government.
aa) “
Incot
erms 2020”meanst
he l
atestedi
ti
on oft
he I
ncot
ermsRul
esf
ort
he
I
nter
pret
ati
on ofTr
ade Ter
ms publ
i
shed by t
he I
nter
nat
ionalChamberof
Commerce.
ab) “
IndependentSur
vey
or”meansPt
.Geoser
vicesorot
her
stheagr
eedi
ndependent
I
nspecti
onAgency/IndependentSurvey
orinIndonesi
a,oneofwhom shal
lbe
appoi
ntedbySell
eratthei
roptionandcosttoconductthedraf
tsur
veyofthe
mothervessel
andper
formthesampling&anal
y si
softhecoal
atl
oadport
.
ac) “
Indonesi
a”meanst
heRepubl
i
cofI
ndonesi
a.
ad) “
Kcal
”meansKi
l
ocal
ori
e(s)asdef
inedi
nthe“
Int
ernat
ional
Syst
em ofUni
ts”
.
ae) “
Kg”meansKi
l
ogr
am (
s)asdef
inedi
n“I
nter
nat
ional
Syst
em ofUni
ts.
af
) “
Lay
time”meanst
imet
akent
oloadt
hecar
goonboar
dthedesi
gnat
edv
esselat
l
oadpor
t.
ag) “
LegalRequi
rement
”means al
llaws,st
atut
es,or
der
s,decr
ees,i
njunct
ions,
l
i
censes,per
mits,appr
oval
s,agreementsandregul
ati
onsofanyGov
ernment
al
I
nst
rumental
it
yhavingj
uri
sdi
cti
onov ert
hematt
erinquest
ion.
ah) “
LicensedMar
ineSur
vey
or”meansaper
sonl
i
censedbyt
heGov
ernmentt
o
under
takeDr
aftSur
vey
s.
ai
) “
LoadPor
t”meansonesaf
eanchor
ageatMuar
aBer
auorAdangBay
,East
Kal
imant
anIndonesi
aatwhi chcoalmaybepromptl
yandsaf
elyl
oadedont
o
shi
psandatwhichSel
lershal
ldel
i
vert
hecoal
toBuy
er.
aj
) “
Maj
orI
ndonesi
an Hol
i
day
s”means al
lhol
i
day
s decr
eed as such by t
he
I
ndonesianGov er
nment,i
ncludi
ng,wit
houtlimi
tation,I
dulFit
ri-2(two)days;I
dul
Adah-1( one)day ;I
ndependenceDay( August17) ;Chri
stmasDay( December
25);
andNewYear '
sDay(January1),1(one)CalendarDayofl abordayonMay1,
1(one)CalendarDayofMosl em NewYear,and1( one)CalendarDayofTsunami
dayonDecember26.
ak) “
Not
iceofReadi
ness”(
NOR)meansanot
if
icat
ionbyt
hemast
erofav
esselt
o
Sell
er/Buyerthatt
hev
esseli
sreadyi
nal
lrespect
stol
oadt
hecoali
nthe
ordi
nar
ycourse.
al
) “
Par
ty”meansSel
l
erorBuy
erand“
Par
ti
es”meanbot
h.
am)“
Per
son”meansanynat
uralper
son,cor
por
ati
on,busi
nesst
rust
,joi
ntv
ent
ure,
associ
ati
on,company
,par
tner
shi
porgov
ernment
,oranyagencyorpol
i
tical
subdiv
isi
onther
eof
.
an) “
SHI
NC” means Sunday
s and hol
i
day
sincl
uded exceptMaj
orI
ndonesi
an
hol
i
day
s.
ao) “
Stat
ementofFact
s”meansast
atementpr
epar
edbyt
heshi
pagentatt
hepor
t
ofloadi
ngwhichshowst
hedateandtimeofarr
ivalofthedesignat
edvesseland
thecommencementandcompletionofl
oadi
ng.I tdetai
lsthequanti
tyofcargo
l
oadedeachday ,t
hehoursworkedandthehoursst oppedwiththereasonsof
stoppages.
ap) “
Ter
m”meanst
hedur
ati
onoft
hisCont
ractassetouti
nAr
ti
cle2 oft
his
agr
eement
.
aq) “
Tonne”or“
Ton”and“
MT”meansamet
ri
ctonnecompr
isedof1000ki
l
ogr
ams
asdef
inedi
n”I
nter
nat
ional
Syst
emsofUni
ts”
.
 ar
) “
TT”means Tel
egr
aphi
c Tr
ansf
er,a f
orm ofcash pay
mentt
hatshal
lbe
t
ransf
err
edbyBuy
ert
oSel
l
er’
sdesi
gnat
edbankaccount
.
as) “
Rp(
Rupi
ah)or“
US$”
or“
$”meanst
hel
awf
ulcur
rencyoft
heUni
tedSt
atesof
Amer
ica.
at
) “
Bar
georVessel
”meansasi
ngl
edeckoceangoi
ngbul
kcar
ri
erofnotmor
ethan
20y earsold,r
atedLl
oyd’
s100A1orequiv
alent
,fi
tt
edwithgr
absandgear sfor
enabling l
oadi
ng ofcoal
,sui
tabl
eto ent
er,bert
h and l
eavethe Load Port
,
nomi nat
edbyt heBuyerandappr
ovedbyt heSel
lerasprov
idedinAr t
icl
e12
bel
ow.

2. TERM OFCONTRACT
ThePar ti
esher
ebyagreethatt
heter
m ofthisCont
ractshal
lcommencef r
om contr
actdate,
5TH December2023to5th December2024oruntilt
hesaleanddeliv
eryofthecontr
acted
quantit
yundert
hisContr
acthasbeenful
lyperf
ormedbythePart
ies,
whichevercomeslat
er.

3. COMMODI
TY,
QUANTI
TY,
DELI
VERY
i
. Commodi
ty:St
eami
ng(
Non-
Coki
ng)Coal
inbul
k
i
i
. Or
igi
n:I
ndonesi
a
i
i
i. Quant
it
y:1x50,
000MT+/ orGear
-10%f edBar
ge
i
v. TheBuy
ershal
lpur
chaset
heCoal
from Sel
l
eronFOBatBar
ge
-FOBl
oadi
ngpor
t100%

4.SHI
PMENTPERI
OD
Thecont
ract
edquant
it
yofcoalshal
lbeshippedfr
om loadportduri
ngDecember25,2023
onwar
ds.Thesev
en(7)day
sloadportl
aycanmutual
lyagreedf
ortheshi
pmenti
s
(Lay
can)
2023.

5.SPECI
FICATI
ONS
5.
1 Thequal
it
yofCoaltobesuppl
i
edundert
hisCont
ractshal
lconf
ir
mtot
hef
oll
owi
ng
guar
ant
eedspeci
fi
cat
ions:

Speci
fi
cat
ionsasperI
SO/ASTM St
andar
d

5800GARCoalf
rom t
hemi
neofPT.LESTARIUSAHASUKSES

Par
amet
er Basi
s Uni
t Ty
pical Rej
ect
ion
Tot
alMoi
stur
e ARB % 1-
50 16
I
nher
entMoi
stur
e ADB % 13-
18
Ash ADB % 10 15
Vol
ati
l
eMat
ter ADB % 35-
48
 Fi
xedCar
bon ADB % ByDi
ff
erent
Sul
phur ADB % 0.
6to1 >1
Gr
ossCal
ori
fi
cVal
ue ARB Kcal
/kg 6000 <5800
HGI - - -
Si
zeRange(
0-50mm) mm %wt
. 0-
100

Parameter
sAf f
ectingEnvi
ronment(
AsperGBSt
andar
d)
Pr
oximateSpeci
ficati
onRej
ecti
on
Mercur
y(Hg) Abov e0.
6ppm
Arsenic(
As) Abov e80ppm
Phosphor ous(
P)Abov e0.
15%
Chlori
ne(Cl) Abov e0.30%
Fl
uorine(F) Abov
e200ppm

5.
2 Ift
hequalityoftheCoalloadedasdet er
mi nedbyt hequali
tyanal
ysi
sattheloadport
exceedst
her eject
ionlimit
sasspecifi
edi nArti
cle5.1(Speci
fi
cati
ons),
theBuyershal
l
havetheright(i
naddi t
iontootherri
ghtstheBuy ermayhav eunderthi
sContractand
byoperat
ionoft helaw)torej
ectsuchinferi
orcoal.
Intheeventthatt hequalit
yofthel oadedcoalisaspert herej
ectionli
mi tspecif
iedin
Arti
cle5.1,t
heBuy ermayatitssolediscret
ionaccepttheCoaliftheBuy erjudgesthat
theCoalcanbeusedbyt heBuy erandifbothPar ti
esreachanagr eementt oapr i
ce
adjustmentthereof .However,i
fBuy erel
ectst odischar
gesuchcoal ,theni tshallbe
deemed t hatBuy erhas accept ed such reject
ion Coal,and Buyershal lpay t he
discount
edpr i
ceasmut uall
yagreedbetweent heparti
esforsuchshipment .
5.
3 Ifi n accordance wi tht he t
ermsher eof
,a shi pmentofcoali ssubjectt o being
rejectedbasedont her esultsoftheCer ti
fi
cateofSampl i
ngandAnal ysisissuedbyt he
i
ndependentsur vey oratl oadport,theBuy ershal lhavenoobl i
gati
ont ounloadt he
vesselatdesi gnatedpor tandSel l
ershallbefull
yandunequi vocall
yli
ableforanycost
orconsequences ar i
sing fr
om such r ej
ecti
ons,subj ectt ot he coalnotbei ng
discharged.Howev er,i
ftheBuy eroptstodischarget herejecti
oncoalatdischargeport,
theni tshallbedeemedt hattheBuy erhasaccept edt her ej
ecti
oncoalandt heBuy er
shal lpayaDi scount edI nvoi
cePr i
cef orsuchrej ecti
oncoalshi pmentatamut uall
y
agr eedprice.

6.PRI
CEANDPRI
CEADJUSTMENT
6.
1 Pr
ice:
TheBasePr
icef
ort
hecoal
isRp.1.
150.
000CashFOBBar
ge100%i
nloadi
ngpor
t.
andki
ckbackRp.
..
..
6.
2 Pr
iceAdj
ust
mentonQual
it
y:
BasedontheCert
if
icat
eofSampli
ngandAnal
ysi
sissuedbytheI
ndependentSur
vey
or
atLoadPort
,thef
oll
owingPr
iceAdj
ust
mentshal
lbeappli
cabl
e.
GrossCalori
fi
cVal ue(ARB):
I
ftheGr ossCalori
f i
cValue(ARB)isabove6000kcal
/kgorbel
ow5800kcal /kgupt
o
t
her ej
ecti
onlimitof5800kcal/kgascert
if
iedatl
oadpor
tbytheIndependent
7.SAMPLI
NGANDANALYSI
S
Allsamplesandsampli
nganalysi
snecessar
ypur
suantt
othi
sCont
ractshal
lbemadei
n
accordancewi
thASTM St
andar
ds.
7.
1 Appoi ntmentofIndependentAgency-Sell
ershallappoi
ntaninternat
ionalIndependent
Survey or/I
nspecti
onAgencyatl oadportf
ortheshipmentatt hei
roptionandcost .The
nomi natedIndependentSurveyorappoi
ntedbyt heSellershallperf
ormt hesampl i
ng
andanal ysi
softhecoal andtheresul
tssodeterminedshallbethebasisforcalculati
ng
the100%Adj ust
edFOBi nvoi
cev al
ueoftheshipment.
7.
2 Col
l
ect
ion,
Sampl
i
ngandAnal
ysi
s.
(
a) Sel
lershal
larr
angefortheIndependentSur
veyori
nIndonesi
atocoll
ectsampl
es
andtodeter
minethequali
tyofthecoall
oadedontheMotherVessel
.
(
b) A Cert
if
icate ofSampli
ng and Anal
ysis shal
lbe issued bythe I
ndependent
Sur
veyori nI
ndonesi
awithrespectt
ot hesampl esr
eceivedfort
heshipmentof
Coalst
atingi
ndetail
ther
esult
softhelabor
at or
yanal
ysis.
(
c) Thesampl
epr
epar
ati
onandanal
ysi
sshal
lbei
naccor
dancewi
thASTM St
andar
ds.
7.
3 Costs-Thecost
soft
hecol
l
ect
ion,
sampl
i
ngandanal
ysi
satl
oadpor
tshal
lbebor
neby
theshi
pper.
7.
4 Samples-Eachrepr
esent
ati
vesampl
eatl
oadpor
tshal
lbedi
vi
dedi
ntot
hree(
3)par
ts
tobedist
ri
butedasfol
l
ows:
(
a)One(
1)sampl
eforshi
pmentanal
ysi
s;
(
b)One(1)Umpiresampleshallbekeptfor60daysfrom shi
pmentdateforumpire
anal
ysi
sbyamut uall
yagreedthi
rdpartyl
aboratoryi
ncaseanydi sputeari
ses
duetoloadportanalysi
sresul
tsbeingmanifest
lywrongorfraudul
ent.Costof
thi
rdpart
ylabor
atoryanaly
sisshal
lbebornebyt hepartyor
deri
ngsuchumpi re
anal
ysi
s.
(
c)One(1)sampl
eforBuy er
,shal
lbehandedov
ertoBuyer
’sr
epr
esentat
iveatload
por
torshal
lbedespatchedtotheaddr
esspr
ovi
dedbytheBuy
er,atBuyer
’scost
andasperBuy
erinst
ructi
ons.

8.WEI
GHI
NG
8.
1 Bil
lofLadingWei ght-TheBillofLadi
ngwei ghtf
oreachshi pmentshal lbedetermi ned
byasur veyoft hevessel’
sdr af
tconductedbyani nt
ernat
ionalIndependentSur vey or
(Pt
.GeoservicesorOt her
s).Thedr af
tsur v
eyshal lbeconduct edatt heLoadPor t .A
Certi
fi
cat
eofWei ghtshallbei ssued byt heIndependentSur veyorbased on t he
deter
minationofwei ghtofeachshipmentofCoal .TheCertifi
cateofWei ghtissuedat
LoadPortshal lbefi
nalandbindingonbot hPart
iesandshal lbeusedf orinvoici
ngt he
appli
cabl
eshi pment.
8.
2 Cost
sofDraf
tSur
veyatLoadPor
t-Thedr
aftsur
veyshal
lbet
akenatSel
l
er’
sexpense
andt
ime.

9. PAYMENTTERMS
9.
1 Pay
mentt ermsf
ort
heshi
pmentshal
lbemadeby100per
centbyCashorTTat
l
oadingport
s.
 TheSellershal
lissuethef i
nalCommer ci
alInvoiceforhundredpercent(100%)v al
ue
basedonl oadportanal
ysistotheBuy erwithi
nf i
ve(5)BusinessDaysfrom thedateof
theBil
lofLading.Thecommer ci
alinvoiceoftheshi pmentofCoalmustment i
onthe
detai
l
soft hequanti
tyofCoaldel ivered,t
hepr iceadjustment,i
fany ,andt hetotal
amountduef orthecoalshipment.
Totheext
entthatanyamountbecomesdueandpay ablebyeit
herPartytotheother
Par
tyduethediff
erencei ntheProvisi
onalInvoi
cev al
ueandt heCommer cialI
nvoice
val
ue,t
heSell
ershallissueaDebi tNoteorCr edi
tNot e,asappl
icabl
e,andtheowi ng
Par
tyshal
lpaytheot herPartytheoutstandi
ngamountatt hel
atestfi
ve(5)Business
Daysfr
om t
hedateoff inal100%Commer ci
alI
nvoicebasedonloadportanalysi
s.
Thir
d Part
y document
s ar
e al
l
owed exceptf
orCommer
cialI
nvoi
ce and Bi
l
lof
Exchange.

9.
2 Thef oll
owingdocumentsshallbeprovi
dedbySell
ertotheBankattheti
meof
presentat
iontothebankandscannedcopywil
lbepr
ovi
ded5daysbef
oret
hevessel
arri
valatthedi
schar
geportoft
hecoalshi
pment:
 1(one)or
igi
nalpl
us3(thr
ee)copi
esofSell
er’
ssignedCommer
cialI
nvoi
ceshowi
ng
det
ail
sofquali
tyadj
ust
mentbasedonloadportanaly
sis.
 Threeor i
ginalsplust
hreenon-
negoti
able“cleanonboard”CharterPart
yBil
l
sof
Lading,madeout“ ToOrder
”andblankendorsed,mar
kedas“Fr
eightpayabl
easper
CharterParty”andnot
if
ytheBuyer
.
 1(one)or
igi
nalpl
us3( t
hree)copi
esofCer
ti
fi
cat
eofSampl
i
ng&Anal
ysi
sissuedby
I
ndependentSur
veyoratl
oadpor t
.
 1(one)or
igi
nalpl
us3(t
hree)copi
esofCer
ti
fi
cat
eofWei
ghti
ssuedbyI
ndependent
Surv
eyoratl
oadport
.
 1(one)ori
ginalpl
us3(t
hree)copi
esofDr
aftSur
veyRepor
tissuedbyI
ndependent
Sur
veyoratloadport
.
 1(one)ori
ginalpl
us3(t
hree)copi
esofCer
ti
fi
cat
eofOr
igi
nissuedbyI
ndependent
Sur
veyoratloadport
.
1PIi
ssuedagai
nstt
heCOOA1f
orm wi
thoutCOAadj
ust
ment
.Wi
l
lbeout
sidet
heLC.

9.
3 Anon-negoti
ablecopyofalltheabov
edocumentsshal
lbeemail
edtotheBuyerbyt
he
Sell
erwit
hinfi
ve( 5)Busi
nessdaysaft
ert
heshi
pmentdatebutbefor
ethear
ri
valoft
he
vessel
atdischargeport.

9.
4 The Sel l
er shall arr
ange f or i
ssuing t he ASEAN- I
NDIA FREE TRADE AREA
PREFERENTI ALTARI FFCERTI FICATEOFORI GINi nForm AIdulysignedandst amped
from t
heappr opr
iateGov ernmentAuthor i
tyatloadpor tandshallcouri
erdir
ectlytothe
Buyer’
saddr ess(suchaddr esstobeinf ormedpr iortovesselarri
valatloadpor t
).The
Sell
erwillmakehi sbestef for
tstoensur ethator i
ginalCOOi ssentprompt l
ysoast o
reachdischargeportbeforearriv
alofvesselatdi schargeport,subj
ecttoallthedetail
s
forCOOi ssuanceisprovidedbyt heBuy erbeforev esselar
ri
valatloadpor t
.Maxi mum
spli
tofthree(3)COOsonl yall
owed.

9.
5 Char
terPar
tyBi
l
lofLadi
ngal
l
owedandmaxi
mum spl
i
toft
went
y(20)Bi
l
lsofLadi
ngs
onl
yall
owed.

9.
6 Buyert
oprovi
deshippi
nganddocument
aryi
nst
ruct
ionsf
ort
heshi
pmentatl
east3
day
spriort
ovessel
arri
val
atl
oadpor
t.
10. I
NSURANCE
Buyershal
lprocure,mai
ntai
nandpayformari
necargoi
nsurancef
rom f
inanci
all
ysoundand
reput
ablei
nsurersfort
heshippedcar
goundert
hisCont
ract
.

11. TI
TLEANDRI
SK
TheTitl
eofthecar
godel i
v er
edandsol dhereundershal
lpasst otheBuyeruponr ecei
ptof
pay
mentbyt heSel
leroft heinvoicepr
iceinfullwit
hpriceadjust
ments,ifany.Ther i
skof
l
ossanddamagei nr espectoft hecargodeliver
edandsol dhereundershallpasst othe
Buyerasthecar
goprogressivel
ypassesthevessel’
srai
lsattheportofl
oading.

12. SHI
PPI
NGANDLOADI
NGTERMS
12.
1 Vessel .
TheBuy ershal lber esponsi blef orpr ovidingthev esself ort het r
anspor tati
onand
l
oadingofcoalt obedel iveredundert hisCont ract.“ Vessel ”meansasi ngl
edeck
oceangoi ngbul kcar rierofnotmor et han20y earsol d,r atedLl oyd’s100A1or
equivalent,f
it
tedwi thmi nimum 4x30MTcr anesand4x12cbm gr abscapabl eof
handlingpayl oaderssubj ectt omast er’sconf ir
mat i
onandormechani calshov el
s
requir
ed f orcleaning hol ds,hav ing fullywor kabl e hat chesand hol dswi t
hf ull
y
operationalcranest omeett heguar anteedl oadingr ate,sui t
abl etoent er ,bert
hand
l
eav etheLoadPor t
.TheVesselshal lbecapabl eoff urnishi ngt heli
ght ingnecessar y
fornightwor konboar d,nomi natedbyt heBuy erandappr ovedbyt heSel leras
provi
dedi nAr ticl
e12bel ow.Vesselt ocompl ywi thl oadpor tregulationsr el
atedto
Covid-19,ifnot,thenlay ti
met ocommenceaf terthev essel i
sf ullycompl i
edwi thload
portrequirement srel
at edt oCov id-19.

12.
2 VesselNomination.
Buyertonomi nat eavesseltoSellernotl at
erthan10( t
en)day spri
ortothef ir
stday
oftheagreedlay canal
ongwi thallthedet ai
ls-specifications,
vesselcert
if
icates,SOF
oflast3v oyages,demur ragerate,it
inerary.Sellerwillreplywithi
n1( one)business
dayinti
mat i
ngaccept anceoft henomi natedv essel,whi chacceptanceshallnotbe
undulywithheld.Shoul
dt heBuy erf ailtonomi natet heVessel totheLoadPor tin
accordancewitht hi
sclause,thent heBuy ershallber esponsibletotheSellerforany
bargesdemur r
age/ det
ention.

Substi
tut
edVessel Nominat
ion.
Buyermaysubstit
utethepreviousl
ynominatedvesselatl
east3(Thr
ee)dayspri
orto
ETAoft hevesselatloadpor tbutwithi
nthelaycansubjectt
oSeller
’saccept
ance
wit
hin1(one)businessdayandt hefol
l
owingconditi
ons:
- ETAofthevesselshal
lnotbeear
li
ert
hant
heorigi
nalv
esselnomi
nat
ionorshal
l
notbel
atert
hanthelastdayoft
heagr
eedl
aycan.
- t
hesubst
it
utedv
essel
shal
lbenear
simi
l
art
othepr
evi
ousv
essel
nomi
nat
ion.
- t
hecargoi
ntakeofsubst
it
utedv
esseli
snearsi
mil
art
othepr
evi
ousnomi
nat
ed
v
essel
.
- t
hedemur
rage/despat
chr
atecannotbehi
ghert
hanor
igi
nal
vessel
nomi
nat
ion.

The Sel
lerhas t
he ri
ghtt o conductpre-
inspecti
on ofthe per
for
ming Vessel
’s
condi
ti
onattheLoadPortuponitsarri
valwi
thi
nt hetur
nti
me.IftheVesseldoesnot
 meettherequirementsofClause12. 1abov
e,theSell
ershallhav
etherighttorej
ect
theVessel,
exceptCovid-
19compl i
ancewherelayt
imetocommenceaf terv
esselis
ful
lycompli
edwi thl
oadpor trequir
ementsrel
atedtoCovi
d-19.Then,t
heBuy ershal
l
nominateandpr ovi
deal ter
nativeVesselpromptlyandanydel aywillbeont he
Buyer’
saccountandanydemur r
ageand/ordetent
iononloadedbarge(s)wil
lbeon
theBuyer
’saccount.

12.
3 Notices
TheBuy er/
Vesselagentshal
linti
mat ei
nwr i
ti
ngtotheSeller/thei
ragents,t
henameof
person,companyandf ul
lsty
leoft henominatedVesselagentsattheLoadPor t
.Buy
er
toappointagentsattheLoadPor tandBuyerortheiragentsar eresponsi
blet
osend
7,5,3,2,and1day (
s)ETAnot icesofthevesselt
ot heSeller
.

12.
4 Noti
ceofReadi ness(NOR)
TheNOR( NoticeofReadiness)shallbeaddressedandt enderedt ot heSeller
/t hei
r
agentsbye- mailorf ax
.TheNORcanbet enderedATDN SHI NC,I ndonesianMaj or
Holi
daysexcludedWI BON,WIPON, WCCON, howeverNORshal lbeconsi deredtendered
anddeemedaccept edonlyafterf
reeprati
quegrantedandcust omscl eared.Anyt i
me
l
ostduetof reeprati
quenotgr ant
edorcustomscl ear
ancenotobt ai
nedf rom thetime
ofvessel
ar r
ivalti
ll
suchclearanceattai
nedshallnotcountasLay ti
me.

Iftheturnti
meof12hoursexpi
resontheMajorI
ndonesi
anHol
i
day
s,t
henl
ayt
imet
o
startnextworki
ngday00:
01HrsLocal
time.

12.
9 Layt
ime
Layt
imef orloading shallcommence12 hour safterNOR ist ender
ed and f
ree
prat
iquegrant
edunl essloadingissoonercommencedi nwhichcaseact ualt
imeis
usedtocount.Loadi
ngshal lbedeemedt obecomplet
edwhent heVesselhasfi
ni
shed
l
oadingthecoalandcargohasbeent r
immedproper
ly.
Layt
imeshall
besuspendedupon
complet
ionofloadi
ngandf inaldr
aftsurv
ey.

Afterfinaldr
aftsurv
ey,12hour sfreeti
mei sgiventotheSeller
/Shipperf orhanding
overoft heexportdocument stothevesselagent.However,i
fthev esselisdetained
beyond 12 hour s f or documentationaf
ter f i
nal draf
t sur vey,t hen t he
l
ay t
ime/ demurr
agetor esumeaf t
erthe12hour sfreeti
meandwi llcontinuetocount
ti
llthet i
mewhenexpor tdocumentshavebeenhandedov ertovesselagent ,evenif
thev esseli
sondemur rage.

12.
9 Sel
lerguar
anteestoprovi
det oVessel1saf eport(
s),1saf eanchorage(s)and1
saf
eberth(
s)whereshecansaf el
yreach,safel
yli
ealway safloatandsafel
ydepart
wit
houtanyinci
denceatal
lstagesofti
de.Timeandal lcostincludi
ngfuelbur
ntfor
shi
fti
ngber
thsandanchoragesatLoadPor tshal
lbeonSel l
er’
saccount.

Sell
ershallguaranteethatal
lt ugs,bargesand/
orfloati
ngcraneshal
lbeproperl
y
render
ed.Mast ershal
lbeatlibertytoordert
ocastofftugs,bar
gesand/orf
loat
ing
cranei
finhisreasonabl
eopini
onf oundtobeunsaf
eforhisshi
p.

12.
7 LoadingRat e
Theloadingrateshall
be7,000MTPWWDSHI NC24consecuti
vehoursforgear
edand
grabbedv esselwi
th4X30MTcr anecapacit
y,equi
ppedwithminimum 4Xmi n12
CBM grabs.Incaseofnon-avai
labi
li
tyofei
theroper
ati
ngcranesorgrabs,t
heloadi
ng
rateshallbeadjustedonapr o-r
atabasisdependi
ngont henumberofcr anesand
grabsthatareoperable.
12.
8 Withregardstothenomi natedsi xMajorIndonesianHolidays,ti
mef rom 1700hour s
(l
ocalti
me)ont hedaypr ecedinganyoft henomi natedsixMaj orI
ndonesianholidays
aff
ecti
ngt hecargooperationsoft henomi nat
edv esseluntil0900hour s(l
ocaltime)
on the nextwor ki
ng dayf ollowing anyoft he nomi nated sixMaj orIndonesian
holi
daysaf f
ect
ingthecar gooper ati
onsoft henomi natedv esselshallnotcountas
l
ayti
meunl essused,ifusedact ualti
meusedt ocount .

12.
9 Stevedoresshal lbeappoi ntedbyt heSel l
erandshal lbeundert hedi r
ectionand
controloftheMast eroft hev essel .Mast eroftheVesseli stonot ifyt heSt ev edor es/
Sell
er/Sel ler’
sagentf ort hedamagecausedbySt evedor es,i fany ,inwr iti
ngwi thi
n
48(forty-
eight)hour saf teroccur renceSuchnot i
fi
eddamagei st obeset t
leddi rectl
y
betweent hev esselownerandt heSt evedores,withthel iabil
i
t yt otheSel l
er.Howev er,
i
nt heev entt hatt hev esselownercannotr easonabl yobt ainset tlementwi tht he
Stevedores, t
heSel l
erwi lldohi sreasonabl eef for
tsandwi l
lbeul t
imat elyresponsi bl
e
fortheset t
lementpr ocess. Howev er,inanycase, ifclai
mi snotset tledt henSel lerwill
dohi sbestt ohel pbot hpar tiestoset tl
ethei ssuebasedont hef airj udgment ,wi t
h
thehelpofP&ISur veyor&t heMast erorhisP&Isur veyor/Cl asssur v ey or
.Al ldelays
duet ost oppageofwor kf r
om St evedores/orst evedor esdamaget ocountas
Layti
meort i
meonDemur r
aget i
l
lsuchdamager epairedt ot hesat isfactionoft he
Mast er
.Anyst evedoredamageaf f
ecting Vessel’sseawor thinesst o ber epai r
ed
i
mmedi atel
yandanyt i
met herebyl ostwi l
lcountasLay timeort i
meonDemur raget i
ll
suchdamagei srectif
iedf orwhi chSel lershall
beul ti
mat el
yr esponsi ble.

12.
10 DeadFr eight
:TheOwner /Master/Agentsofthev esselshal ldeclarethestowageplan
totheSel l
er/thei
ragentsbye-mail
/fax,4(four)dayspr iortoar r
ivalofvesselatLoad
Port.Oncet hestowageplanisdeclared,t
heSel l
ershal lloadcoalaspert hequantity
declaredinthest owagepl
an.Anysuddenchangeofst owagepl anwi l
lbesubjectto
Sell
er ’
sapprov al
.
Foranyshortquanti
tyloaded,theSellershal lpaydeadf rei
ghtwhich
shallbecal culat
ed bymul t
ipl
yi
ng theshor tquant i
tybyt hef rei
ghtoft hev essel
nomi natedtotheSell
er.

12.
11 Unlessother
wiseagr eed,theSell
ershal lendeavourbutisundernoobli
gati
ont oload
thevesselordeli
v ercargoontothev esselpr i
ortothecommencementoft helaycan
peri
od.Shouldt hev esselarr
iveandt enderv al
idNoticeofReadinesspriortot he
commencementofagr eedlaycandat e,Lay ti
meshallcommence12( twel
v e)hours
aft
er00:01ont hef i
rstdayoftheagr eedl aycanperi
od,unlessl
oadi
ngst ar
tssooner,
i
nwhi chcaseact ualti
meusedi nloadingt ocountasLay ti
me.

IfNORi sgiv
enf orthev esselaftertheagreedl aycan( l
aycanper i
odalreadyexpired),
theSell
er’
sobligati
ont oloadt hev esselordeliverthecargoont ot hevesselshallbe
subject t
ot he av ail
abili
ty of ber th and coaland l ayti
me wi llstart at t he
commencementofl oading.Sel l
erhasnoobl igationorl i
abil
it
yf orthedel ay,t he
vessel’
sdemur ragenoranycl aimf ordespat cht il
lthecommencementofl oadi ng.
Howev er,
Sell
erwi l
lendeav ourtoloadt hevessel attheearli
est.

12.
12 Layt
imecalcul
ati
onstobebasedonbi l
lofladi
ngwei
ght(pl
usdeadfrei
ght,i
fany
)
andbasedontheStat
ementofFact
sissuedbythev
essel
agentatl
oadport
.

Thef
oll
owi
ngcondi
ti
onsshal
lnotbecount
edasl
ayt
imeorf
ordemur
rage:
a. Thet i
met akenf r
om shi
ft
ingfrom anchorawei
ghorpil
otonboar
dwhi
chev
eri
s
earl
ier,unt
ilvesseli
sallfastalongsi
dethedesi
gnat
edbert
handisr
eadyi
nall
respectstoload.
 b. Anyti
melostdur
ingloadingduetobadweathert
hatcausel
oadi
ngstoppageor
bar
genotabl
etoalongsidetothev
essel
,unl
essvessel
isondemurr
age.
c. Maj
orI
ndonesi
anHol
i
day
sunl
essusedorv
essel
isondemur
rage.
d. Dischar
ge ofbal
lastorlight
ing equi
pmenttothe ext
entthatthi
sis not
concurr
entwi
thl
oadingandwhichcausesl
oadi
ngt
obeinter
rupt
ed.
e. Timespenti
nconductingini
ti
al,fi
naldr
aftsurv
eyofthevessel,i
fitisrequest
ed
by the shi
pmaster
.SOF t o clear
ly mention the par
tyr equesti
ng inter
im
surv
ey.
Int
eri
m dr
aftsurveywillbef ortheaccountofthepartyorderi
ngf ort
he
same.
f
. Breakdownorf ail
ureofthevesselt
ocompl ywi t
hrequirementsorregul
ati
onsof
theLoadPor tcausingdelayorr estri
cti
ont oloadingoperat i
ons,al
wayson
prorat
abasis,unlesssuchbreakdowncausedbyst evedoredamage.Forgeared
and grabbed v essel
,ifv esselcranes/grabs breakdown,l ayti
me shallbe
exemptedproratetothenumberofcr anes/grabsnotwor ki
ngonly.
g. Cl
eani
ngandhol
dinspect
ionsoft
hev
essel
ifr
equest
edbyt
heshi
pmast
er.
h. I
fonberthi
ng/ar
ri
valatt
heappropriat
eanchorage,thevesseli
sfoundnotr
eady
i
nallrespect
s,t
imelostfrom discover
ytil
lv esselagainreadytoloadorif
l
oadi
ngcommenced,pro-
rat
aforreject
edholds.
i
. Ti
mel
ostduet
ocausesat
tri
but
abl
etoVessel
,Owner
sorBuy
ers;
j
. Fi
rstopeni
ngandl
astcl
osi
ngofhat
ches;
k. For
ceMaj
eur
e,unl
essv
essel
isondemur
rage,
thenl
ayt
imet
ocount
.

Forthepurposeoft hi
sContr
act,al
l
owablelayti
meshallbecalcul
atedbydi
vi
dingthe
l
oadedt onsplusanyDeadFr ei
ght(metri
ctons)bytherel
evantLoadingr
ate(metri
c
tonspert wenty-
fourhoursofweat herworkingday).Vesselonceondemur rage
alwaysondemur ragetoappl
yforall
aboveclauses.

SafetyCl
ause:Thebar
gesandfl
oatingcranecomingalongsi
det
hev esselshal
lhave
properandadequatef
ender
stothesat i
sfact
ionofvessel
smastersoast oprevent
anycontactdamagesbet
weenvesselandbarges.

Thecoalpr ovidedbyt heSel lershouldcompl ywithI MSBC codeandi t

sl at
est
amendmentasperMSC426( 98)forsafeloading,st
owageandcar r
iage,masteror
vessel’
sr epresentat
iveshal
lbeal l
owedt o checkt hatt hecoalt o beloadedi s
compl i
antornon- compli
antandshal lhav
etherighttorejectanynon-compliantcoal
,
allti
mel ostduet osameshal lbeonSel l
ers’
saccount .Mast ershal
lbeal l
owedt o
determinewhet herthecoali
sI MSBCcompl i
antornot,timet akenforsameshal lbe
consideredasoper ati
onti
me.

12.
13 TheSel l
ershallpaydemur raget otheBuyerforti
mel ostaft
erexpi
rat
ionofall
owable
Lay t
imeatt her at
epr ovi
dedatt heti
meofv esselnominati
on.TheBuyershallpay
despatcht otheSellerforLayti
mesav edatther ateof½( one-
half
)ofthedemurrage
ratesstatedatt het i
meofv esselnominat
ion.Demur rage/Despatchshallbepaid
prorateforpartdays.

Demurrage/
Despatchtobecalculat
edpr omptl
ybasedont heStatementofFact s
i
ssuedbyv esselagentandsi
gnedbyt hevesselmaster
,al
ongwithDeadFr ei
ghtif
any,and to be confi
rmed wi
thin 30 (
thi
rty
)daysfrom the l
oading complet
ion
dat
e.Layt
ime Settl
ementto be pai
d on the basi
s ofDebitNote /Cr edi
tNot e
 wi
thi
n10day
sfr
om t
hepr
esent
ati
onoft
heDebi
tNot
e/Cr
edi
tNot
e.

12.
14 Al
lexpensesandduesrelatedtovesselatloadportshallbetoBuyer’
saccountand
al
lexpensesandduesr
elatedtocargoatloadportshall
bet oSel
ler
’saccount
.

13. FORCEMAJEURE
13.
1 Ifeitherpar t
yisunabl et oper form orcompl yi nf ullorpar twi thanyobl igat i
onsor
condi ti
onsoft heCont ractduet ocont i
ngenci esbey ondt hecont rolofei therPar t
y
andwi thoutit
sf aultsornegl i
genceasdef inedher einaf tertheaf f
ectedPar tyshal l
prompt lynotif
yt heot herPar tybyf acsimileore- mai l,andshal lal sowi thi
nt enday s
thereafternotif
yt heotherPar tyinwr it
ingofpar ticularsoft her elevantev entand
possi bl
esuppor tingev i
dence.“ ForceMaj eure”shal lmeancy clones, earthquake, fi
res,
fl
oodsorot hernat uralcalami t
ies,epidemi cs,quar ant i
nedr est
r i
ctions, Gener alSt r
ike,
warl i
kecondi tions,gov ernmentact ions,inter v
ent i
ons,r estrictionsorcl osi ng of
navigationalor t ranspor t mechani sm i ncluding por ts,di sruption of banki ng
channel s.(
ExportRest ri
ct i
onsImposedbygov er nmentonSel l
erduet onon- f
ul f
ilment
ofdomest i
c mar ketobl igat
ions wi llnotconst i
tut e as a For ce Maj eure Ev ent.
Howev er,i
ftheI ndonesi angov ernmentbanst heexpor tofcoalf oral lmi nes,t heni t
will
beconst i
tutedasFor ceMaj eure.)
13.
2 Thepar t
ysoaf fectedshallmakeitsbesteffort
st omit
igateandremovethecauseof
thedelay ,i
nter
r upti
onorf ail
ureandt or esumewi t
ht heleastpossi
bledelayin
compliancewi t
hi tsobli
gati
onsundert hi
sCont r
act
.Upont heremovalorresol
uti
on
ofthecauseofdel ay,i
nter
rupti
onorf ai
lure,thePartysoaf f
ectedshallnot
if
ythe
otherPartybyfacsi mil
eore-mailpromptly,andi nwri
ti
ngwi t
hintendaysther
eaft
er,
ofsuchr emoval orresol
uti
on.
13.
3 ThePar tyaff
ectedbyFor ceMajeur eshal
lnotbei nbreachofCont r
actasl ongast he
ForceMaj eureandit
sr esult
antef fect
s,ifany,shallsubsi
st.Theappl i
cationofthis
sub-clauseshal
lnotaffectanyrightsorobligati
onswhi chmayhav eaccr uedpriorto
suchFor ceMajeureorifsuchFor ceMajeureaf f
ectsonlysomeobl igati
ons,thenall
otherr i
ghtsandobligati
onsoft hePar t
iesshallnotbeaf fected.Wher enot i
ceof
ForceMaj eureisnotgivenwi t
hint imerequired,ForceMajeureshallnotj ust
if
yt he
non-fulf
il
mentofanyobl i
gati
onsundert hisCont r
act.
13.
4 I
tisclar
ifi
edt hati
ncaseloadi
ngcannott
akeplaceduet
oanyForceMajeur
eevent
,
l
ayti
mef orthatper
ioddur
ingwhichl
oadi
ngofcargoi
saff
ect
edwil
lnotbecount
ed.
13.
5 Iti
sf urtherclarif
iedandagr eedt hatintheev entofany" ForceMaj eure"conditi
on
becomi ngoper ativeasaf oresaid,asar esul
tofwhi chsuppl ybyt heSel l
ert othe
Buyerget saffectedforanydur ationinexcessoft hir
ty( 30)day s,and/orasar esult
ofwhi cht heSel l
erisunablet omeett hecur r
entdemandoft heBuy er
,thePar ti
es
shallmeetanddi scussthedesi rabi
li
tyofcancel l
i
ngt heshi pmentconcer nedand
fai
li
nganyagr eementregar di
ngt hesame,t hePar tynoti mpededbyt heev entof
ForceMaj eur
emaycancelsuchnon- shippedquant i
tybydi spatchingnot i
ceofsuch
cancellati
onbyt elexorfacsimileandconf i
rmedbyr egisteredmai lwit
hinfif
teen(15)
daysaf tertheexpiryofthethirt
y( 30)daysperiodabov er ef
er r
edt o.
13.
6 Ifasi
tuat
ionofForceMajeurel
astsforaperiodoftwomont hsorlonger
,thePart
y
notcl
aimi
ngFor ceMajeur
eshallhavetheri
ghttoter
minatethi
sCont r
actandupon
sucht
erminat
ion,bot
hParti
esshallf
ort
hwit
handwithoutcondit
ionsberel
iev
edofall
 f
urt
herobli
gati
onsher
eunder,exceptf
oranyr
ight
sandremediesaccr
uedpr
iort
othe
t
erminat
ionofthi
sCont
ract
,includi
nganypay
mentobl
igat
ions.

14. ARBI
TRATI
ON
I
tisexpr
essl
yagr
eedbyandbet
weent
hePar
ti
est
hat
:
14.
1 TheCont
ractshal
lbei
nter
pret
ed,
const
ruedandgov
ernedbyt
heLawsofI
ndonesi
a.
14.
2 Exceptas ot herwise pr ovi
ded her ein,ifanydi spute ordi f
ference ofanyki nd
what soever(a" Di
sput e")shallari
sebet weenBuy erandSel leri
nconnect ionwi t
h,or
ari
singoutof ,orrelatingheret oort hebr each,terminati
onorv alidi
tyhereof,Buyer
andSel lershallat
tempti ngoodf ai
th, foraper i
odoft hir
ty(30)day saft
ert herecei
pt
byonePar tyofanot icef rom theotherPar tyoftheexi st
enceoft hedispute,tosettl
e
suchdi sputeinthef i
rstinstancebymut ualdi
scussionsbetweent hePar t
ies.
14.
3 Ifthedi sput
ecannotbeset tl
edwi t
hinthir ty(30)day sbymut ualdiscussion,such
disputeshallber efer
redt oandf inal
lyr esolvedbyar bit
rati
onundert her ulesof
IndonesiaInternationalArbit
rati
onCenter(
IIACRul es)asamendedorsubst i
tutedfrom
timetot ime,whi chr ul
esaredeemedt obei ncorpor atedbyr eferenceintothisar t
icl
e.
Theseatorl egalpl aceofar bi
tr
ati
onshal lbeSi ngapor e.Thel anguaget obeusedi n
thear bitr
ati
onshal lbeEngl i
sh.Thedi sput eshal lber efer
red to solear bitr
ator
appointedinaccor dancewi t
htheSIACr ul
es.
Duringt hependencyofanyar bit
rati
ont hePar t
iesshal lconti
nuet oper formt heir
respecti
v eobligationsher eunderunlesst hemat teri ssucht hattheper formance
cannotbepossi blycontinueduntil
thedeci sionoft hear bitr
atorisobtained.

15. MI
SCELLANEOUS
15.
1 Notices-Anynoti
cegivenbyonepart
ytotheothershal
lbesentbyt
elexorfaxand
subsequentl
yinwrit
ing.Anynoti
cesogivenshallbedeemeddulyrecei
vedatt he
10thdayf ol
lowi
ngdepositinthemail
s,byair
mai l
,post
ageprepai
d,andpr operl
y
addressedasfol
l
ows:

Sel
ler
: Buyer
:
PT.LESTARIUSAHASUKSES PT..
..
..
TanahBaruResi
dence,
Jl.Cit
arum I
IIBl
okA4no.
01 No. ..
.
.,
KotaBogor,
JawaBarat
,Indonesi
a. Ci
ty..
..
.
Count r
y..
..
.

Tel
:(62)-.
.
..
. Tel
:(.
.
.)-.
.
..
..
..
..
.
..
..
..
..
Fax
:(62)-.
..
.. Fax
:(.
..
)-.
..
..
.
..
..
..
..
.
..
..

15.
2 Allnoti
cesandot hercommuni cati
onsshal
lbepresumedtohavebeenser
ved:
(1)ifpersonal
lyserv
ed ont hedayofservi
ce.
(2)ifmailedorcouri
ered onthe10thdayaft
erposti
ngordespat
ch.
(3)ifsentbyfacsimil
eore-mailont hedat
eoftransmissi
onbythePar
tysubj
ectt
o
confir
mat ioncopytobesentbyr egi
ster
edpost
/couri
er.

15.
3 Ei
therPar
tyher
etomaychangei
tsaddr
essbygi
vi
ngnot
iceofsuchef
fectt
othe
ot
herPart
y.

15.
4 Ifthedayonwhichsuchnot
icesorot
hercommuni
cati
onsasafor
esai
darebyt
his
clausedeemedt
ohavebeenrecei
vedf
all
sonaSat
urday,
Sunday
,oradaywhi
chi
sa
 publ
icholi
dayint
heintendedplaceofreceiptthenthenot
iceorot
hercommuni
cati
on
afor
esai
dshallbedeemedt ohav ebeenr eceivedonthedaynextfol
l
owingwhi
chis
notaSaturday
,Sundayorpubli
choli
dayaf oresaid.

15.
5 NoWai ver-Exceptasher einotherwisespeci
ficall
yprovi
ded,thef
ailureofei
ther
Part
yt oi nsi
stonst r
ictperf
ormanceofanypr ovisi
onsoft heCont
ract,ortot
ake
advantageofanyr i
ghthereunder,shallnotbeconst rued asa waiverofsuch
provi
sionsorrightofsubsequentperf
ormancethereof.

15.
6 Amendments-TheContr
actshal
lnotbeamended orv ari
ed exceptbywr
it
ten
i
nst
rumentdul
ysi
gnedbyl
egal
l
yauthor
izedr
epr
esent
ati
vesofbot
hPar ti
es.

15.
7 Sev erabil
it
y-Anypr ovi
sionoranypar tofanypr ovi
sioninthi
sContract,whichi s
i
llegal,v oi
dorunenf or
ceable,shallbesev erabl
epr ov i
dedthattherightsand/ or
obligati
onsand/ orli
abi
li
tiesofthePar tieshereunderar enotsubst
antial
lyalter
ed
thereby .Foll
owi
nganysuchsev erance,thisContractshallber
eadandconst r
uedas
i
fsuchsev er
edprov
isi
onswer enotcontainedherein.

15.
8 Enti
r eCont r
act-Thisinstr
umentcont ai
nstheent i
reagr
eementbetweent heParti
es
i
nr elati
ont othesal
eandpur chaseofcoalherebyagreedtobesoldandpur chased
and super sedesallpr i
ornegot i
ati
ons,understandi
ngsand agreements,whether
writ
t enoror al
,i
nrelat
iont othatcoal
.ThePartiesshal
lbeboundonlybytheex pr
ess
provisi
onsoft hisContractanddocument sexecutedinthef
utur
ebydul yauthori
zed
representat
ivesoft
hePar ti
es.

15.
9 Conf
ident
ial
it
y-Bot
hthePar
ti
eswar
rantt
hatt
hisCont
ractwi
l
lbet
reat
edi
ntot
al
conf
ident
ial
i
ty.

15.
10 Right
sofThi rdParti
es-Thi sContractshallinur
et othebenef i
tofandbebi ndi
ngand
enfor
ceableupont hePar t
iesandt heirrespecti
vesuccessor sandper mit
tedassigns.
Nothi
ngi nthisContract,expressedori mpl i
ed,isintendedtoconf eronanyper son
otherthan thePar ti
es,and t hei
rsuccessor sand per mitt
ed assigns,anyr i
ghts,
benefi
ts,pr
ivi
leges,l
iabi
l
iti
esorobl igati
onsunderorbyr easonofthi
sCont ract
.

16. REPRESENTATI
ONS
TheSellerrepresentstot
heBuyerthatt
hisCont ractdoesnotcontai
nanyunt r
uestatement
ofanymat erialfactandtheper
formanceoforcompl iancewit
ht herespect
iveobli
gati
ons
underthisCont r
actdonotandwillnotvi
olateorexceedanypowerorr est
ri
cti
ongrantedor
i
mposed byanyl aw to whi
chiti ssubjectt o orviol
ateanyoft hepr ovi
sionsofany
agreement,arrangementorunderst
andi
ng,or alorwritt
en,ent
eredint
obyi t/him withany
thi
rdparty.

17. LI
MITOFLI
ABI
LITY
Exceptpr ovided otherwise undert his Cont
ract,i n any mannerand f orany r eason
whatsoever,neitherPart
yshallbel i
abletotheot herf oranyfees,expenses,compensation,
l
osses,ordamagesofanyki ndwhat soeverwhet heronaccountoft helossbyaPar tyof
presentorpr ospecti
veprofi
tsorf ees,orexpenditures,invest
ment sorcommi tment
smade
i
nconnect ionwi t
ht heestabli
shment ,devel
opment ,ormai ntenanceofi t
sbusinessnot
rel
atingt
ot hisCont r
act.Notwithst
andinganypr ovisionoft hi
sCont r
acttothecontr
ar yand
absentmal iciousintent
,neit
hert heSel l
ernort heBuy ershallbel i
ableforanyf orm of
i
ncident
alorconsequent
ialdamages.Thi
sAr
ti
cle shal
lsur
viv
ethe t
ermi
nat
ion and/
or
expir
ati
onoft
hisCont
ract

18. ASSI
GNMENT
Thi
sCont r
actshal
lensuretothebenefi
tofandbebindinguponthesuccessor
sofSell
erand
Buyer
,butthi
sContractshallnotbeassi
gnedortr
ansferredbySel
lerorBuyeri
nwholeorin
par
t,eit
hervolunt
ari
lyorot herwi
se,wit
houtthewrit
tenconsentoft heotherPar
tybeing
obt
ainedfi
rst
.

IN WITNESSWHEREOFbot
hPar
ti
eshav
ecausedt
hei
rdul
yaut
hor
izedr
epr
esent
ati
vest
o
executet
hisCont
ract
.

Sel
ler
: Buyer
:
PT.LESTARIUSAHASUKSES PT...
..
..
..
..

__
____
___
_ ___
___
___
___
____ _
___
___
_ _
__ _
___
______
__
Name:Mr.ERWANNAI NGGOLAN Name: Mr.…..
Ti
tl
e: Di
r ect
or Tit
le:Di
rect
or