Commodity: Urea 46N Total Quantity: 300,000 MT Quantity:25,000 MT Spot + Rollover extension of subsequent 11 months Total Contract duration:12 months Origin: Russian Federation Loading Port: Vladivostok /Primorsk / Saint Peterburg, Russia Destination Port: Packaging: 50 kg PPE unlabelled bags Inspection: SGS at port of loading Payment Terms: MT 760 / SBLC/ Bank guarantee 100% after inspection at the destination port Incoterms: CIF ALL PROCEDURE OF THE TRANSACTION 1. Seller issues Full Corporate Offer (FCO). 2. Buyer signs and seals the FCO and returns with POF to Seller. 3. Buyer issues Letter of Intent (LOI) or Irrevocable Corporate Purchase Order (ICPO). 4. Seller issues draft Sales Purchase Agreement (SPA) which will incorporate full terms and conditions. 5. Buyer signs and seals SPA and returns to Seller. 6. Seller completes SPA, signs and seals it and issues Commercial Invoice. 7. Within 4 days, the Buyer's Bank issues verbiage of Pre advice MT 799 which Seller's Bank and approves. 8. Within 5 International Banking days, the Buyer’s Bank issues Irrevocable and confirmed Stand by letter of Credit (SBLC)/BG MT 760 to Seller’s Bank either from a Prime bank or SBLC/BG MT760 confirmed by a Prime bank for value of one month of the goods. 9. “Proof of Product’ will be sent within 7 banking days after receiving Stand by letter of Credit/BG MT760 approved from the Sellers Bank and effecting the SBLC. Seller’s Bank issues Full POP Documents to the Buyer’s Bank alongside with 2% Performance Bond (PB2%). 10.Shipments will start within 15-20 days of the Standby letter of Credit/BG MT760 approval from the seller’s bank. 11. All the original documents will be sent to the buyer’s bank by the seller bank through Courier. 12. Upon arrival of the cargo/vessel, at discharge port payment is effected via MT 103, after successful SGS inspection/report at Buyers cost, and against presentation to Buyer’s bank complete set of export documents. Payment is done before goods are discharged in 3 working days from date of second inspection. Seller transfers the title Ownership to Buyer for him to get the cargo discharged, and Seller pays the facilitators as per agreement.

Certification and documentation COA - Certificate of Analysis along with FCO complying to the specifications attached with this LOI Certification and documents required at the time of delivery •Certificate of Customs including Export declaration. •Commercial invoice. •Bill of Lading •Packing list. •Export license •Certificate of origin •Proforma Invoice. In a typical export exchange •Packing List •Certificates of Origin •Shipper's Letter of Instruction •Bills of Lading +++++++++ Payment terms: Partial Shipment allowed within the same month in line with option mentioned for delivery Port of Load Discharge: CİF, ………….. Delivery Time: 30-40 days after confirmed order and receiving confirmed Stand-by Letter of Credit coming into effect. Payment: By MT103 100% Payment at Sight from Top Western Prime Bank or confirmed by a top prime bank +++++++++++ Order Confirmation: After agreement on IPCO and price from the end buyer. Inspection: S.G.S Inspection for Quality and Quantity Service at Sellers’ Cost shall inspect the Commodity at Place of loading. S.G.S Inspection for Quality and Quantity Service at Buyers’ Cost shall inspect the Commodity at Place of discharge. Validity: Seller to revert back with confirmation on delivery of good complying to the specifications and quantity of delivery. NCNDA/IMFPA to be signed by seller and his subsidiary mandates applicable both sides. Date of placing the order: Immediate. Sale and Purchase Agreement: Contract of Minimum 1+11 months as agreed at time of negotiation to a quantity of 50,000MT per month