PLEASE READ CAREFULLY: Procedures for Jet Fuel (FOB) (Secondary Contract) 1) SELLER SENDS SPA CONTRACT DRAFT 2) BOTH SELLER AND BUYER ACCEPT AND SIGN ELECTRONICALLY WITH HARD COPIES TO BE FOLLOWED BY COURIER. 3) SELLER ISSUES 2% NON OPERATIVE PERFORMANCE BOND AND SOME POP 4) BUYER ISSUE DLC TO ACTIVATE PERFORMANCE BOND 5) SELLER SENDS REMAINING POP 6) ALL OTHER TERMS/CONDITIONS AS PER CONTRACT. Other Requirements Quantity: 5mbbls x 12months with possible rolls and extensions Price: Jet Fuel, Baltic Sea lifting FOB NWE or Black Sea lifting Med. Sea Platt Discount: To be discussed Payment Terms: 100% irrevocable, nontransferable, non-divisible, documentary L/C to be opened from a prime bank on a cargo-by cargo basis upon receipt of Terminal Confirmation. (ICC 500 rules and regulations) Company Name: Shelanda Pacifc ImEx Street Address: 115 B Maplesden Dr City: Auckland Country/Region: New Zealand Zip: 2103 Telephone: 64-9-2694359 Fax: 64-9-2694358