FOB FUJAIRAH/ROTTERDAM/HOUSTON TANK TO VESSEL/DIP & PAY PROCEDURE

1 The Buyer issues an ICPO, with the full CIS along with Buyer's company certificate of
registration documents and the Company Profile.

2. Seller confirms acceptance of the ICPO and issues commercial invoice of the products in the
storage tanks at the port of Fujairah, Buyer signs and returns commercial invoice along with an
acceptance letter of commitment to execute transaction.

3. Seller issues to Buyer the below Partial POP Documents:

• Statement of Product Availability.
• Certificate of Origin.
• Unconditional Commitment to Supply.
• Notice of Readiness with tank farm details.
• Tank Storage Receipt(TSR).
• SGS Q&Q certificate from injection to the tanks and Injection report.
• Tank Extension Invoice issued to the buyer by the Tank farm where the Product is stored
in Fujairah/Rotterdam/Houston.
• Total Refund Guarantee Letter

4. Upon confirmation of the above documents by Buyer, buyer makes payment for the tank
extension and obtains fresh TSR & secures the Clearance Access Entrance Permit (CAEP),
Inspection Permit and Required Accreditation from the Tank Farm Company for Buyer's
representatives & Inspection team to be allowed access/entrance into the Storage Facility and
conduct/execute his own Quality & Quantity Inspection in Seller's tank by SGS or equivalent (on
the buyer's expense/responsibility). Seller provides to the Buyer the Authorization to Sell &
Collect(ATSC) and Unconditional Dip Test Authorization (D.T.A).

5. NCNDA/IMPA is signed by all intermediaries /agents/mandates involved. Buyer conducts dip

test and reconfirms the Q&Q of the product in the storage tanks. Upon full verification and
confirmation of the product, Q&Q, Buyer provides its CPA, Q88 and all vessel details and Seller
injects product into Buyer's vessel. Buyer makes payment by MT103 or T/T wire transfer for the
total cost of the product. Seller within 72 hours of confirmation of payment pays all
intermediaries involved in the transaction.

6. Seller and Buyer signs the Act of Transfer and Change of Ownership TitleAllocation and upon
completion Seller issues to Buyer the Change of OwnershipTitle Allocation and Transaction
Allocation Certificate with Full Export Documents relating to the exportation of the duct in
buyer's name.

7. Upon satisfaction and conclusion of the two trial liftable transaction by Buyer, both Buyer and
Seller sign contract for monthly delivery with rolls and extension. And Buyer issues a revolving
DLC for 12 months plus one day in a equivalent value to the delivery of 100,000 metric tons.