25.000 M/T THAI RICE 5%

LETTER OF INTENT (LOI)

Dated: August, 19, 201

To : Mr.

From : Mr. KAIRAOUANI

This LOI is the unique purchase LOI in circulation by we, Establishment BUSINESS TRADE CENTER , we hereby state and represent that is our intention to purchase the following commodity as per the specification and the quantity and for the price as specified in the terms and conditions as stated below

Commodity: Rice

Specification: Thai Long Grain Parboiled Rice 5% broken, Sortexed

Origin: Thailand

Quantity: 25.000 M/T

Contract length: One shipment of 25.000 M/T

Destination: Port Of COTONOU (BENIN)

Loading port: Should be designed by contract

Inspection: Quality, quantity and weight BY SGS at seller's cost at loading port.

Quality, quantity and weight by SGS at buyer's cost at unloading port

Delivery time: 45 Days terms of delivery CIF Incoterms 2000

Payment: 100 % Irrevocable Confirmed SBLC

Performance Bond: 3 % Value of Contract

Target Price: 410 USD