(USED BUYER COMPANY LETTER HEAD)

(with company business address, phone & email)

Ref :
Date :
Validity : 30, April, 2024
TO: PT CO
Official Sales Office: MARTLET GENERAL TRADING
Via: MR/MS .......

IRREVOCABLE CORPORATE PURCHASE ORDER

We, ............... , represented by Mr. ............ (Managing Director) as the Buyer with full
corporate responsibility and authority hereby have pleasure to confirm our readiness,
willingness, and ability to buy the following product as below:

Commodity : EN590-10PPM (ULTRA LOW SULPHUR DIESEL)

Delivery : OPL Fujairah (STS)
Specification : Refer to ANNEX A
Origin : KAZAKHSTAN
Initial Quantity : 100,000 MT (Trial Shipment)
Monthly Quantity: xxx,000MT per month x 12 months with R&E
STS Price : Net 510 USD/Gross 520 USD per MT
Payment : TT / MT103
Incoterms : 2022
Discharging port : xxxxxxxx Port, xxxxxxx
Contract Period : One year (12 months), per month …. MT
Inspectio: SGS/CIQ or Equivalent
Performance Bond : 2,000,000 USD for shipping value per part

Non-negotiable transaction procedure , OPL Fujairah (STS):

A. The buyer seals and signs the form ( Irrevocable corporate purchase order ) and sends it to
the seller. The buyer then issues an ICPO and the buyer's bank details of the highest
acceptable rank, company license details, digital copy of the signatory's passport or
government ID stamped and signed must be sent to the seller on the buyer's company
letterhead.
Note 1 : Showing or sending the buyer's financial ability (KYC or BCL) in the sales office of
this company in Dubai is mandatory.
B. After checking and confirming the buyer's company, the seller issues the purchase and sale
agreement (SPA) and the commercial invoice (CI) and sends it to the buyer via email, and
the buyer seals and signs it and returns it within 24 hours. (The contract is final)
C. The buyer is obliged to provide a guarantee to the seller to guarantee one year of the
transaction and delivery of the goods at the destination. Therefore, the buyer blocks the
amount of $2,000,000 USD (two million US dollars) into the seller's bank account by his
bank officer. The seller's bank then after receiving the blocking money from the buyer has
been received, the seller issues a Performance Bond (PB) Bank Guarantee (BG) in the

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 (USED BUYER COMPANY LETTER HEAD)
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amount 2,000,000 USD (two million US dollars) from the corporate bank to guarantee the
block of money to the buyer.
Note 1: The amount (two million US dollars) will remain as a guarantee in the block seller's
account until the end of one year, and it will be calculated and settled in the last part of
loading and unloading at the destination. The transaction will be done in all parts by the
bank officer of the buyer and the seller. (comfirmation BO to BO)
Note 2: In the contract (SPA) and commercial invoice (CI), the seller undertakes to pay
2,000,000 dollars (two million US dollars) as damages to the buyer if the shipment is not
delivered to the buyer for any reason. In such a situation, the buyer can claim the blocked
money from the seller's bank through PB /BG
Note 3: The tonnage of each piece of EN 590 product is 10PPM at the destination (100,000
MT) and the guarantee amount is valid for each piece.
And if for any reason one of the parties is unable to fulfill its obligations, the offender must
pay the said amount as damages in the transaction to the other party.
D. After the money is blocked by the buyer and the PB/BG is issued by the seller, the seller's
bank sends the POP documents to the buyer's bank within 48 hours.
E. The POP documents are sent by the seller bank officer to the buyer bank officer as follows :
1_ BILL OF LOADING
2_ Certificate of Origin
3_CARGO MANY FAST
4_ ULLAGE REPORT
5_ NOR / ETA (Notice of Readiness / Estimated time of Arrival)
6_Product quality passport (Analysis test Report) By _Kazakhstan standard Gost R
7_Q88
F. The buyer has 4 days from the date of receipt of the POP and before the shipment arrives to
provide the seller with Q88 and Soraya ship number to contact the captain.
Note 1: Any delay in sending shipping documents (Q88 and Soraya ship number) by the
buyer, which leads to damages and demurrage for the seller, will be the responsibility of the
buyer.
Note 2: Any delay in the delivery of goods by the seller, which leads to the loss of the buyer,
will be the responsibility of the seller.
G. The approximate delivery time of the first part (spot) at the destination (OPL Fujairah) is
about 7 to 10 days, and the rest of the parts are different according to the tonnage of the
buyer's monthly request and will be done after the agreement.
H. SGS inspection will be borne by the Seller at the loading seaport. SGS inspection will be
borne by The Buyer at the discharge port.
I. The buyer must prepare the amount of each part in his bank account 24 hours before the
arrival of the seller's ship at the destination (OPL Fujairah, United Arab Emirates). And after
the EN 590 10PPM product reaches its destination, the buyer must deposit the amount of
each piece loaded and delivered by Swift TT/MT 103 according to the agreements after
deep testing and receiving the shipping documents to the seller's declared account , And the
seller transfers the ownership of the goods to the name of the buyer. (Confirmation of the Q
& Q by SGS/CIQ at destination port)

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J. After the transaction guarantee money is blocked by the buyer, the IMFPA / NCNDA
contract is concluded by the seller with the brokers, and after the delivery and settlement of
the goods in each part by Swift MT103, All brokers are paid commissions 72-48 hours
Note 1: Brokers' commission is 10 USD per MT (of which 5 USD belongs to the seller side
and 5 USD belongs to the buyer side).

Notifications: Before sending the documents or participating in the Dubai office meeting, the
buyer company should know that it is not possible to view any POP documents before blocking
the money in the Dubai office.
All stages of the transaction will be done only by the officer of the seller's bank with the officer
of the buyer's bank, and this contract is final and there is no possibility of negotiation.

Buyer Signature & Company seal

…………………………………
Name :
Position :
Date :

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BUYER’S COMPANY INFORMATION:

Buyer Company Name :
Company Address :

Business Certificate No :
CEO Name :
Passport No :
Telephone Number :
E-Mail :

BUYER’S BANK INFORMATION FOR ISSUE TT MT103:

Name of Bank :
Bank Address :

Account Name :
Account Number :
Swift Code :
Bank Phone No :
Bank Officer Name :
Bank Officer Email :

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ANNEX A

KAZAKHSTAN EN590 10PPM SPECIFCATION

LIMITS
10PPM GAS OIL SPECS UNIT INTER.CODE**
MIN. MAX.
Cetane number ENISO5165 51 -
Cetane Index, calculated No. ENISO4264 46 -
Density at 15 deg C kg/lt ENISO3675/12185 0,82 0,845
Sulphur mg/kg ENISO20847/8754 10
Distillation
Recovered at 250 deg C - <65

Recovered at 350 deg C vol.% 85 -

ENISO3405
95 pct Recovered deg C Deg C - 360
Polycyclic aromatic hydrocarbons %(m/m) EN12916 - 8
Flash Point Deg C EN22719 55 -
Viscosity at 40 deg C mm2/s ENISO3104 2 4,5
Carbon Residue (on 10 pct residual) %(m/m) ENISO10370 - 0,3
Copper Strip Corrosion (3 hrs. at 50 deg C) ENISO2160 1
Ash %(m/m) ENISO6245 - 0,01
Particulate Matter mg/kg EN12662 - 24
Oxidation Stability g/m3 EN12205 - 25
Lubricity, corrected wear scar - 460
Diameter (wsd1,4) at 60 deg C µm ENISO12156-1

Fatty acid methyl esters (FAME) vol.% EN14078 - 7

Water mg/kg ENISO12937 - 200
Cold Filter Plugging Point (CFPP)
Winter Grade(a) - -15
Deg C EN116
Summer Grade(b) - 5

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BUYER’S COMPANY CERTIFICATE OF INCORPORATION

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BUYER’S PASSPORT COPY

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