C.I.F PROCEDURE on SELLER:
1. Buyer issues and send ICPO with seller procedure inserted in the buyer�s ICPO.
2. Seller issues Sales and Purchase Agreement (SPA)
3. Buyer reviews and countersigns Sales and Purchase Agreement (SPA)
4. Seller and Buyer Sign NCNDA/IMFPA, with all Parties Involved.
5. Seller issues to Buyer Partial Proof of Product (PPOP) documents, via E-mail as listed
below and buyer is
responsible for to cost of issuing PPOP document.
� Export License.
� Commitment Leter to Supply.
� Certificate of Origin.
� Legalized & Notarized Contract.
� Statement of Product Availability
6. Seller appoint a shipping company for buyer, both Seller and Buyer sign Charter Party
Agreement with shipping
company. Seller pays 50% of shipping cost and buyer pays 50% to the shipping Company in
advance before the
loading of the product commence. Buyer payment will be deducted from the total volume of
the shipment after
quantity and quality at buyer�s destination port.

7.The SGS inspection will be borne by the Seller at the loading port and Buyer at the
Discharge port.
8.Within 3~5 banking days of Vessel/goods arrival at Buyer Destination Port, Buyer makes
payment by
TT/MT103, to seller nominated Fiduciary Bank Account, after SGS or CIQ Inspection at
Discharge port.
9. Seller release payments to intermediaries involved according IMFPA within 72 hours of
receiving
Payment for the product from the Buyer's bank