by a top 50 world prime bank acceptable to Seller.7. Within 10-international banking days of the receipt, verification and authentication of Buyers Payment Instrument(s) at Sellers bank, the Sellers bank will issue a 2% Performance Bond for the value of the monthly shipments and the Non Operative Payment Instruments becomes automatically operative.8. Within 10-international banking days from the date that the Buyers Non Operative Payment Instrument(s) becomes operative by issuing the 2% Performance Bond, Sellers bank will issue to Buyers bank the Proof of Product by SWIFT MT 799. 9. The initial shipment of 12,500 MT or 25,000 MT or 50,000 MT product loads begin within 30-45 days from the date of receipt, verification and authentication of Buyers Payment Instrument(s) at the Sellers bank, and continues until the Agreement quantity is shipped and delivered.10. Payment will be released to the Seller upon negotiation of shipping documents at the Sellers bank. Partial shipments are allowed. 11. Within 21-days of Buyer and Seller signing the Agreement, the Buyer will advise the Seller in writing the particulars of the discharge ports relevant to this Agreement.This ICPO is the only current active and valid ICPO and has been exclusively offered to GROUP IMPERIAL TRADING COMPANY, for the release of the Draft Contract.Please note that effective immediately all new deal submissions are required to have a letter from the Buyer giving us permission to contact their bank to confirm the Buyers capability to issue a Letter of Credit or any other agreed upon financial instrument.This letter of authorization addressed to GROUP IMPERIAL TRADING COMPANY is required in every instance when an ICPO is issued. Were interested in a BCL, we would simply like permission from the Buyer to contact their Bank so we are given the assurance we need in order to proceed.BUYERS INFORMATION:NAME: POSITION: COMPANY NAME: ADDRESS: CITY/ZIP: COUNTRY: BUSINESS TELEPHONE: BUSINESS FAX: E MAIL: BUYERS BANK INFORMATION: ISSUING BANK: CONFIRMING BANK:BANK NAME: ADDRESS: CITY/ZIP: BANK SWIFT CODE: ACCOUNT NAME: ACCOUNT NUMBER: BANK TEL: BANK FAX: BANK OFFICER NAME: BANK OFFICER EMAIL ADDRESS: IF NOT IN TOP 50 WORLD BANKS, IT IS OBLIGATORY TO FILL BANK OF THE BUYER BELOW DATA BANK CORRESPONDENT TOP 50 WORLD BANKS.TO: XXXXXXXXXXXXXWE, AS X_BANK...................................,COUNTRY, AND THE UNDERSIGNED BANK OFFICERS, HEREBY CONFIRM WITH FULL RESPONSIBILITY THAT BUYER _____________ IS KNOWN TO US TO BE CAPABLE TO REALIZE A PROJECT FOR THE PURCHASE OF PRODUCT OF ICUMSA 45 (WHITE REFINED CANE SUGAR), A QUANTITY OF XXXXXXX FOR THE VALUE OF USD XXXXXXXXX.SHOULD THIS PROCEED INTO A SIGNED CONTRACT BETWEEN THE BUYER AND SELLER, THEN OUR BANKS ALSO READY TO ISSUE THE RELATIVE NON-OPERATIVE PAYMENT INSTRUEMENT TO SELLERS BANK AS IT WILL BE SPECIFIED IN THE CONTRACT AFTER THE CONTRACT IS SIGNED, SEALED AND EXCHANGHED BETWEEN OUR BUYER X AND THE SELLER.Bank Officer (1) Name & Title Bank Officer (2) Name & Title Bank Stamp/Seal SHIPPING SCHEDULE:STARTING MONTH SHIPMENT SIZE SHIPMENTS PER MONTH TOTALMONTHLY QUANTITY PREFERRED PORT OF DESTINATION ALTERNATIVE PORT OF DESTINATION TOTAL QUANTITY: For and on behalf of _______Buyers Company Name_______SIGNATURE: NAME: CORPORATE STAMP / SEALTITLE: DATE: _______________, 2010