PPROCEDURES: 1. BUYER ISSUES LOI WITH BANKING COORDINATES TO SELLER. 2. SELLER ISSUES FCO AND DRAFT CONTRACT TO BUYER. 3. BUYER SIGNS AND RETURNS TO SELLER. 4. WITHIN 1 BANKING DAY UPON RECEIPT OF SIGNED CONTRACT, SELLER WILL COUNTER-SIGN THE CONTRACT AND PROVIDE: A) Sanitized BILL LADING (from one or more prior shipments); B) Letter from Mill that addressed to Seller Confirming Product and Contact Person at MillforVerification; C) Pro Forma Commercail Invoice issued by Seller; 5. WITHIN 1 BANKING DAY, BUYER'S BANK WILL ISSUE MT103 TO SELLER'S BANK IN FAVOR OF SELLER. 6. SELLER SENDS TITLE OWNERSHIP AND WAREHOUSE SGS TO BUYER VIA EMAIL AND/OR COURIER SERVICE WITHIN 24 HOURS UPON RECEIPT OF MT103. 7. SELLER GIVES TO BUYER:SHIP NAME, CALL LETTERS, CAPTAINS NAME AND CHARTER PARTY AGREEMENT OF THE ASPATANKVOY CHARTER PARTY. 8. SELLER WILL ISSUE B/L TO BUYER DURING LOADING AND FINAL SGS INSPECTION REPORT UPON COMPLETION. BUYER MAY BE PRESENT AND HAVE THEIR OWN INSPECTION DURING LOADING IF DESIRED. COMMODITY: SUGAR ICUMSA 45 Specifications: Fit for Human Consumption CommodityWhite Refine Cane Sugar Icumsa 45 Polarity at 20 Deg. Centigrade99.80 Min. Ash Content0.04% Máx. Moisture 0.04% Máx. Solubility100.0% dry, free flowing GranulationFine ICUMSA45 ICUMSA SedimentsNone ColorSparkling White Crop2009 Magnetic Particles 4mg/kg Sulfur in Dioxide20mg/kg Radiation Normal certified SO2 70mg/k Reducing Sugar 0.05% max by weight Max AS1 P.P.M. Max PS2 P.P.M. Max CU3 P.P.M. SubstanceSolid Crystal Smell Free of any smell HPN STAPH Aureus NIL