Buy Crude Sunflower Seed Oil For Refining To Edible

SOFT LOI: Offer to Buy edible CRUDE SUNFLOWER SEED OIL in bulk
Rev 10 March 2008

1. Commodity and Intended Use:  CRUDE DEGUMMED SUNFLOWER SEED OIL for processing into edible oil
2. Quantity/Term:   2,500 MIN-5,000 MAX mt/month for 12 months continuous, price fixed
3. Specifications:    Typical Below
4. Packing:    Bulk by ship to tank
5. Origin / Destination:   Black-Azov sea ports, Ukraine, Bulgaria, Argentina / Turkey
6. Target Price:   1100 USD per metric ton, CIF Mersin/Turkey ports
7. Contract duration:   trial shipment, then one year with extensions, with fixed price
8. Delivery begins:   Spring 2008, and then every 30-45 days after opening of L/C
9. Type of payment:   Each shipment, 100% by an Irrevocable, Transferable, Divisible,        Confirmed Documentary Letter of Credit (DLC), Payment at Sight
10. Performance Bond:  2% value of L/C
11. Inspection:   By SGS or equal at port of loading at Sellers expense

Crude Sunflower Seed Oil SPECIFICATION: TYPICAL
PURE UNADULTERATED DEWAXED SUN FLOWER OIL FREE FROM
ADMIXTURE WITH OTHER OILS.
MOISTURE AND IMPURITIES       1.5%
PEROXIDE VALUE                           5 MAX -MILLI MOLE/KG-
FFA (AS OLEIC)                                2% MAX
REFRACTIVE INDEX (at 20C)          1.471-1.476
TITER (pour point)                             16-20 C
POLY BROMIDE TEST                    NEGATIVE
IODINE VALUE                                 112-135
SAP.VALUE                                       188-194
COLOR        -5.25 INCH LOVIBOND: 7.0 R, 30 Y TINTOMETER-
CLOUD POINT                                   8 C MAX

BUYERS Company and Bank Information : to be provided after the time of confirming that requirements are met.
SOFT FCO with all details and producers ACTUAL lab reports needed prior to Buyers LOI and BCL or ICPO.
ImExGO understands that any and all offers and/or contracts are subject to successful verification
of funds, availability, and other factors.

PROCEDURES:
1.ImExGO -on behalf of Buyer- sends SOFT OFFER to BUY / LOI -above- to Seller and
      Solicits a full detailed SOFT FCO or Offer to Sell, requiring lab reports and certificates of past exports.  
Agents protect identity of clients. Sellers may remove their identities from partial proof of product.
2.Buyer responds to SOFT FCO with:
HARD ICPO or LOI + BCL with full Company and Banking disclosures and authorizations to probe.
3.Seller issues DRAFT Contract/ SPA/ PSC to Buyer, and
Banks exchange FULL Proof of Product for FULL Proof of Funds.
4.Parties exchange hard copies of signed FINAL Contrct.
5.Buyer issues Non-operative DLC, awaiting Sellers issuance of Performance Bond.
6.Inspection of product, documents presented, DLC opens, Funds transfer
7.Shipment begins as per FINAL Contract