=e %0 CARGILL GLOBAL Cargill — - ‘Address: Av. Morumbi, 8234 -Brooklin, Sao Paulo, SP. Brazil Telefone: +651149607547— Baail: wow. cargil. con CNP: 01. 838. 723/0430-12 CARGILL herein after referred to as the IVY Bazaar LTD. herein after referred to as the “BUYER” wish to enter into this Agreement to define certain parameters of their future legal obligations. WHEREAS: The seller and buyer, each with full corporate authority, certifies, represents and warrants that each can fulfil the requirements of this agreement and respectively provide the products and the funds referred to herein, in time and under the terms agreed to hereafter; and WHEREAS: The seller and the buyer both agree to finalize this contract under the terms and conditions, it is therefore agreed as follows: ; » A) IVY Bazaar LTD. here in as ("Buyer"), and has full authority to acquire Refined Cane sugar; B) CARGILL shall sell Cane Sugar products, which operates one of the largest farms in Brazil and is also a key food exporter and marketing organization serving various markets in the Middle East, Europe, Africa and Asia. C) CARGILL, as shipper of the product, shall supply the product directly from the production facility in Braail to IVY Bazaar LTD. destination - Jebel Ali Port terms as agreed below. D) Anything else which may be of the Parties’ interest; Now Therefore, IVY Bazaar LTD and CARGILL have mutually agreed as follows: 1. Grant of Rights: Exclusivity. Subject to the provisions of a final Supply Agreement to be executed between the Parties, CARGILL will grant IVY Bazaar LTD The right to purchase the certified Came Sugar product (“Icumsa 45”) from CARGILL to distribute and sell the Product ("Icumsa 45 Cane Sugar”). F Buyer will nominate Pedant Forwardey for handtiny this shipment or Stpplien Cour 2. Price. The Product ("lcum: lugar”) shall be sold by CARGILL to IVY Bazaar LTD give FOR, the price of $200USD (two hundreds U.S. dollars) per ton CIF (the “Purchase Price”),. pe jeae 3. Product Delivery: Seller shall begin shipment immediately and ship cargo within 2-3 business days. The right to deliver earlier than agreed in this contract giving notice to all designated parties as required here in, The product shall be shipped to the relevant provisions of this contract. Total shipments shall be according to shipping schedule, Shipment shall be a maximum of 18-22 days maximum from Seaport Santos, to Jebel Ali Port. 4. Supply Agreement. The Parties shall negotiate in good faith and use their best efforts to arrive at mutually acceptable definitive Supply Agreement for the long term supply of the Product, order of (Icumsa 45 Cane Sugar). arenrail CARGILL GLOBAL Telefone: +551149807547— nail: vrv. cars APY: 1. 838, 723/0430-12 Product Specification A. Specification: REFINED SUGAR GRADE A - ICUMSA 45 Origin Toumsa Polarization ‘Ash content ‘Suphateash Content Moisture. ‘Solubility Radiation ‘Colour Granulation [Smett Reducing Sugar Fumigation Insect [invert Sugar = 0.04% Brazil 45, 99.7% Min (0.027% Max (00.04% Maximum 0.06% Max 100% dry Free Flowing ~ Normal without Presence of Cesium or Jodine Certified ICUMSA 45, Free of any Odor (0.05% Maximum by Weight Well Cleaned from Molds, Unnatural Odors, Chemical and 5. Shipping Documents: Bill of Lading Packing List Certificate of Weight and Quality by SGS, Bureau Veritas or other international Standard Certification Company. Export Declaration Commercial Invoice Certificate of Origin Phytosanitary Certificate/Health Certificate Cargo Insurance Certificate vy vyvvy Payment Terms TT - Payment Terms TT - (Telegraphic Transfer): 30%TT against Proforma Invoice once issued and 70%TT against Bill of lading and other shipping documents. 6. Product Insurance: The Seller shall provide insurance coverage of 110% for the value of each shipment at seller's sole expense and responsibility. 7. Breach of contract terms (Illegal terms): After seller receives 30% advance deposit, ifthe breach without the parties within time identified shipped, the Seller must take full responsibility and indemnify buyer for all losses. 8. Demurrage: At the loading port it is on seller’s account. At the discharge port, it is on buyer's account. 9.Eorce Majeure: Neither party to this contract shall be held responsible for breach of contract caused by an act of god, insurrection, civil war, war, military operation or local emergency. The parties do hereby accept the international provision of “force majeure” as published by the international chamber of commerce, Geneva, Switzerland, and as defined by LCC. rules uniform customs and practice. cane]Cargil I] , cana cionaL i ‘Addeess: Av. Morumbi, 8234 - Brolin, Sao Paulo, SP. Brazil Telefone: +551143807547— Beail: yew. cargill. con QWPJ: 01.838, 728/0430-12 10. Disputes and Arbitration: The parties hereby agree to settle all disputes amicably. If settlement is not reached, the dispute in question shall be submitted and settled where appropriate as agreed by both parties involved. 11. Authority to Execute this Contract:_ The parties to this contract declare that they have full legal authority to execute this document and accordingly to be fully bound by the terms and conditions. 12. Language. This Purchase contract is executed in English and the Parties declare hereby their complete understanding of the language. 43. Execution of this Contract: Seller and buyer shall sign and return copies of signed contract electronically (by email) of which shall be deemed as original and legally binding. 14. Non-Circumvention and Non-Disclosure: Buyer and seller respect the confidential nature of this agreement and agree to maintain in strictest confidence the names of the parties whose identities may become known to one another through either the tendering of documents or assembly of banking or government approvals. The parties agree to maintain strict confidentiality concerning the identities of the parties directiy or indirectly involved in this transaction. Buyer and seller accept and agree to the provisions of the international chamber of commerce for non-circumvention and nondisclosure with regards to buyer and seller being involved in this contract, additions, renewals and third party assignments with full reciprocation, All data remain the property of the party who has brought the respective data into this transaction. Any of the parties breaching this rule will be liable for any damages resulting from such action, regardless of whether they are committed deliberately or by negligence. 15. Contract Signatories: In witness thereof, the parties have signed below to accept and approve all terms and conditions contained in this contract. From the date of signing of this contract, all-previous respective negotiations and Correspondences by telephone, fax, mail or e-mail are null and void. This contract is not connected with other contracts of the seller and the buyer, from which juridical or financial consequences may occur. All signed copies in whatever form transmitted are deemed authentic. FOR AND ON BEHALF OF FOR AND ON BEHALF OF = ‘THE BUYER REPRESENTATIVE TRA. ‘e, [sj at =} 07-08-2017 | Dr. Manish ann’ thay Director SIGN DATE caRaiET