SUGAR TOPIC SUMMARY Price: between US 315 MT to US 325 MT depending on the quantity Contract: 12 month For quantities between 100,000 MT to 300,000 MT price US 325 MT CIF AWPS Price Origin: Brazil Presentation: 50 kg bags. Commission: US 10 divided by $5 dollars for the buyer's group and $5 for the seller's group. Technical sheet: annex (delivered) PROCEDURE FOR BUYING SUGAR 1. Buyer sends Letter of Intent (LOI). attached BCL 2. Seller sends Full Corporate Offer (FCO). 3. Buyer sends his Irrevocable Corporate Purchase Order (ICPO) + POF 4. The Seller Issues Draft Contract to the Buyer. 5. Buyer signs the Contract and returns to the Seller who also signs the Contract and sends. 6. Pro-Forma Invoice to Buyer. 7. Buyer issues the SBLC/DLC as detailed in the Payment Terms above. 8. Seller issues POP + 2% PB bank to bank. 9. Loading begins as per the Delivery Schedule in Contract. 10. Buyer makes payment against shipping documents at loading port. 11. Steps (8-9) are repeated every Month, until all deliveries are completed as per delivery schedule in