LETTER OF INTENT (Buyer’s Letterhead)

DATE:                                                                                 
TO:      
Trading Address :
Represented by :
Telephone :           
Facsimile :           
Email :               

FROM:  
ATTN:
Ph:                              Fx:
Email:

We of (name of the company), hereby confirm with full corporate responsibility that we are ready and capable to enter into a purchase contract for the the following commodity as per the quantity, price,  specification, terms and conditions stated below.  The funding is available, including any import permits, licenses etc. needed to fulfill this purchase obligation. 

COMMODITY:     
PRICE PER METRIC TON:    $  USD
PERIOD OF SHIPMENTS:    12 Months     
TOTAL CONTRACT VALUE:    $        USD (+/-10%)
CONTRACT QUANTITY:              MT (+/-10%) Confirm Quantity
PER MONTHLY SHIPMENT:               (+/-10%) Confirm Size of Ship Required    
SHIPMENT METHOD:    BULK
COUNTRY OF ORIGIN:    SELLER’S CHOICE
PORT OF DEPARTURE:    ASWP
PORT OF DESTINATION:  ASWP
UNLOADING RATES:    Depending on ports rules
INITIAL DELIVERY TIME:    MM/DD/YY (Enter Date of First Expected Delivery)
INSPECTION AGENCY:    SGS, CCIC, CIQ, OTHERS (if available or provided by the Buyer)
DOCS REQ’D FOR PAYMENT:    Bill of Lading, Commercial Invoice – Documents per Clause 9 in contract.
TYPE OF CONTRACT:    CIF
METHOD OF PAYMENT:  Irrevocable, transferable, AUTO RDLC

Must be a Prime Top 25 World Bank, Western European Branch.  Preference is Credit Suisse, Royal Bank of Scotland, Deutsche, Barclays (Geneva Branches)

Signature and Corporate Seal