Jp54, A1,D6 All products in Rotterdam tankers Procedure 1. Seller's Official Representative Issues a Soft Corporate Offer and Buyer sends ICPO, CP and Tank Storage Agreement (TSA) as proof of storage availability. 2. Seller verifies and issues Commercial Invoice (CI) for available quantity in the storage tank to include the Product specifications, along with Commitment to supply, Statement of Product Availability and Certificate of Origin Of the product buyer signs and returns CI to Seller along with ATV approved by their logistics Company for Seller verification purposes. 3. Upon receipt of the signed CI and ATV, Seller verifies and issues the POP documents: A) Seven days Unconditional DTA B) 48 hour fresh SGS Report issued in Rotterdam C) Loading port injection report D) Product Passport E) Tank Receipt F) ATSC G) Bill of Lading 4. Upon successful verification of the POP documents, Buyer orders SGS report to conduct Dip Test of the product in Sellers Tanks at Buyers expense. 5. Following the completion of the Dip Test with results consistent to the specifications on the CI, Buyer provides ATI and Seller injects fuel into Buyer's leased storage tanks. Seller submits the full injection report to the Buyer. 6. Buyer makes 100% payment by MT 103 TT wire transfer for the total product and Seller pays Commission to all Seller Side Intermediaries as Buyer pays commissions to all Buyer Side Intermediaries Involved in the transaction within 24 hours after confirmation of the Buyer's payment. 7. Seller issues draft SPA to Buyer to review for R&E monthly deliveries. 8. Buyer reviews and approves the SPA and issues SLBC/ IRDLC irrevocable, nontransferable, Auto revolving for 12 monthly shipment value and Documentary Letter of Credit or Standby Letter of Credit for length of contract