1. The Buyer issue ICPO with full banking information and Passport Copy (Data Page) including Business

certificate, along with TSA agreement and ATV from a Tank Storage Manager for the Seller’s authority to verify and approve.

2. The Seller issues Commercial Invoice (CI) for the available quantity in the Seller’s Storage Tank to the Buyer. The Buyer signs and returns the CI to the Seller.

3. The Buyer provides POF – which can be a current screenshot of an account in the Buyer’s Name.

4. The Seller issues the Partial POP documents as below and sends to the Buyer:

a. Fresh Cut SGS (Not older than 48 hours)

b. Unconditional DTA

c. Tank Storage Receipt (TSR) – 72 Hours

d. Product Passport

e. Commitment to Supply

f. Certificate of Origin

g. ATSC – Authorization to Sell & Collect

h. Injection Report

5. The Buyer conducts Dip Test in the Seller’s Tank and provides Tank Details to the Seller, to commence injection of product into the Buyer’s Tank.

6. Within Twenty-Four (24) hours, Buyer issues 100% TT wire transfer payment to the Seller. The Seller transfers the title ownership to the Buyer.

7. The Seller pays commission to all the intermediaries.

1. The Buyer issues ICPO + CP +POF (which can be a current screenshot of an account in the Buyer’s Name) and a copy of the Buyer’s international passport (Data Page) to the Seller and acceptance of the Seller’s Soft Offer.

2. Seller issues SPA and Commercial Invoice (CI)

3. Buyer signs and returns the SPA and CI to the Seller with a Letter of Commitment.

4. The Seller issues the readiness to inject, product passport and UDTA with ATSC, the Buyer extends Seller tank for minimum of three (3) days to enable the Buyer to conduct Dip test in the Seller’s tank.

5. Buyer makes 3-Day TSR invoice payment to the Seller’s Storage Facility via MT103.

6. Upon confirmation of payment via Seller’s Tank Administrator, the Buyer contacts the Seller tank administrator to execute the Quality & Quantity, and to register in the tank farm terminal prior to inspection.

7. Upon the successful dip test inspection in the Seller’s tank, the Buyer submits the TSR from his tank farm or NOR from his shipping company, and Seller injects the product into the Buyer tank or vessel, or the Buyer takes over the Seller’s tanks.

8. The Seller releases the Complete POP Documents to the Buyer, including the following documents: Resource Confirmation Letter (issued by the End-Refinery).

9. The Buyer issues 100% payment for the total product by MT103/TT Wire Transfer to the Seller.

10. The Seller transfers the product title with the complete POP Documents to the Buyer and pays the

commission to the Intermediaries per the Master Fee Agreement.