Detailed Product Description

Dear; Fellow Trader ,

The general procedure to engage Buyer is as stated below, LOI and BCL to be issued, NCNDA and MFPA
signed before TTM in Singapore.

Procedures:

1. Buyer issues Letter of Intent.(This Is Sent To Sellers Law Firm)
2. Seller issues Full Corporate Offer.
3. Buyer submits ICPO (includes full Banking details and BCL and
ARAMCO Registration Number and Refinery details).
4. Seller issues Fee Protection Agreement.
5. Buyer submits Fee Protection Agreement signed by the Buyer.
6. Seller Sends Invitation Letter to sign contract.
7. Seller and Buyer sign contract at ARAMCO office (Saudi Arabia or USA
by mutual agreement).


SPECIAL NOTE: Seller Has No Problem With Making Available The Supply Your Buyer/s Are Requesting,
However, This Transaction Will Be Subject To Documentation Submitted By Your Buyer For ARAMCO Approval, The Required Documents Will Be A (1). BCL: This Document Is Submitted To Sellers Law Firm Which Handles Sellers ARAMCO Appr