| Date: | | | | | | | | | | LETTER OF INTENT (LOI) | | | | | | | | | Dear Sirs, | | | | | | | | | | We, of | | hereby state and represent that it is of our corporate intention to purchase commodity | | | | | in the quantity and for the price as specified in the Terms and | | | | | Conditions stated below. This representation is made with full corporate authority and responsibility. | | | | | | | | | | Commodity: | | | | | Origin: | Sellers Option | | | | Specifications: | | | | | Total/Contract Quantity: | | | | | Packaging: | | | | | Delivery Size: | per Shipment | | | | Delivery Schedule: | | | | | Mode of Payment: | Bank Guarantor Standby LC | | | | Target Price: | US$ per | | | | Destination Port: | | | | | Discharge Rate Per Day: | | | | | Inspection: | SGS/Loading Port at Seller's expense | | | | Performance Bond: | 2% L/C value | | | | | | | | | BUYER'S INFORMATION |
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| | Company Name: | | | | | Address: | | | | | | | | | | City/State/Zip Code: | | | | | Country | | | | | | | | | | Legal Representative: | | | | | Name: | | | | | Title: | | | | | | | | | | BUYER'S BANK COORDINATES |
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| | Bank Telephone: | | | | | Bank Fax: | | | | | Account Name/Number: | | | | | Bank Swift Code: | | | | | Bank Officer's Name: | | | | | Title: | | | | | Direct Telephone/Fax: | | | | | | | | | | CONFIRMING BANK COORDINATES (Required if Buyer's Bank is not a World Prime Bank) | | | | | | | | | | Bank Name: |
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| | | | International Trade Dept. Telephone: | | | | | International Trade Dept. Fax: | | | | | Bank Officer's Name: | | | | | Title: | | | | | Direct Telephone/Fax: | | | | | | | | | | This is the only current active LOI and has been exclusively offered for the release of the | | | | | FCO/Draft Contract. This takes precedence over any other LOI currently in circulation for this commodity. | | | | | | | | | | The Buyer is of the understanding that any and all offers and/or contracts are subject to successful Seller | | | | | verification of funds and that said Seller thus has written permission to conduct a soft probe of the Buyer's account. | | | | | | | | | | For and on behalf of | | | | | | | | | | SIGNATURE: | | | | | PRINTED NAME: | | | | | TITLE: | | | | | DATE: | | | |
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