Credit Application and Agreement

Please fax completed application to 305-471-5934 or email to info@abgroupshipping.com

Company Name - Nombre de la Compañía

MERCO CARGO SA

Address - Dirección City, State, Country - Ciudad, Estado, País

CRA 53 106 208 TORRE B P8 BARRANQUILLA, ATLANTICO, COLOMBIA

E-mail Phone - Teléfono Website / Página WEB

joperativo@mercocargo.com +573174298851 http://mercocargo.com/

Business Structure - Tipo de Compañia TAX ID or Other ID

Corporation Partnership Sole Proprietor 802017106-6

Type of Business - Tipo de Negocio Years in Business - Años en el Negocio

AGENTE DE CARGA INTERNACIONAL 17

Corporate Officers/Owners Position Home Address

Miembros Corp. / Dueños Posición Dirección Particular SSN or ID #

REGINALDO PEREZ PEREZ PRESIDENT CRA 53 106 208 TORRE B P8 3851931

MARIA CLAUDIA PEREZ PEREZ MANAGER CRA 53 106 208 TORRE B P8 1129567788

Accounting Contact Name

Nombre Contacto Comercial Phone - Teléfono E-mail

MARIA CLAUDIA PEREZ SARABIA 3175013022 gerenciaco@mercocargo.com

Net Worth Company Anual Sales Line of Credit Rquested

$650,000.00 $30,000.00

This application will also serve as an authorization to release information from your bank to AB Group Shipping Corp, and any creditors who
may need an authorization from you, the customer. You authorize AB Group Shipping Corp and/or its Credit Agency(s) to investigate all
credit history, bank references and any other financial information and references required to process this application and as it deems
necessary in the future. You also certify that the information supplied here in is in all respects complete, accurate and truthful. Applicant shall
notify AB Group Shipping Corp promptly, in writing, of any changes in the information provided in this form and further agrees to be liable for
all losses incurred as a result of a failure to comply with this notification requirement
Industry Trade References (Air, Ocean or Trucking)
Referencias en el rubro (Aérea, Marítima, Terrestre)

1. Company Name - Nombre de la Account # Or Contact

Compañía Nro. de Cuenta o Contacto Phone - Teléfono

TAMPA CARGO DASKA MINDIOLA +57 320-4883785

2. Company Name - Nombre de la Account # Or Contact

Compañía Nro. de Cuenta o Contacto Phone - Teléfono

ONE LINE SIRLEDYS PEÑA +57 316-8751319

3. Company Name - Nombre de la Account # Or Contact

Compañía Nro. de Cuenta o Contacto Phone - Teléfono

SERVITRANSA SA LEDA MORENO +57 316-8325497

Bank References
Referencias bancarias

1. Bank Name - Nombre del Banco Account # - Nro. de Cuenta Phone - Teléfono

BANCO DE BOGOTA 173-06984-0 +5753588185

2. Bank Name - Nombre del Banco Account # - Nro. de Cuenta Phone - Teléfono

BANCOLOMBIA 487-170065-84 +5753850497

AB GROUP SHIPPING CORP Credit Terms

The extension of credit under these terms is subject to approval by AB Group Shipping Corp discretion after a thorough review of Customer/
Applicant’s credit history, financial information, bank and industry trade references or other information and references AB Group Shipping
Corp may deem necessary as part of its evaluation of this Credit Application. In the event AB Group Shipping Corp extends credit to the
Customer/Applicant, terms are NET 30 DAYS from date of shipment. Credit privileges are subject to immediate suspension or revocation by
AB Group Shipping Corp if any invoice is not paid within 45 days of billing or if balance due at any time exceeds AB Group Shipping Corp‘s
approved credit limits. In the event it becomes necessary for AB Group Shipping Corp to engage a collection agency and/or attorney, all
reasonable collection and/or legal fees to be paid by Customer/Debtor. Forum, jurisdiction and venue shall be exclusively in Miami-Dade
County, Florida, for all proceedings.

LIEN NOTICE: The Shipper’s failure to pay billed charges may result in a lien on the goods covered by a bill of lading or on the proceeds
thereof of in its possession for charges after the date of the carrier’s receipt of the goods for storage or transportation, including demurrage
and terminal charges, and for expenses necessary for the preservation of the goods incident to their transportation or reasonably incurred
pursuant to law. The lien shall included the cost of keeping and selling the property, including publication costs, collection services and
attorney’s fees incurred in order to comply with Sections 677.307, 677.308, and 677.309, Florida Statutes. The proceeds of the sale shall
be applied to the discharge of the lien. If AB Group Shipping Corp is not paid in full within ten (10) days, after providing written notice to the
shipper consignee that their freight is being held pursuant to a possessory lien, then AB Group Shipping Corp may proceed to sell such
property, provided that no sale of the property may take place until after AB Group Shipping Corp notifies all persons known to claim an
interest in the goods.

I, the undersigned, have fully read, understood and received a copy of this credit application, lien notice, and terms and conditions and
agree to be bound thereto. I warrant and represent that I have full authority and legal capacity to execute this document and on behalf of
the Customer/Applicant, and intend to legally bind the Customer/Applicant.

Account Agent Signature / Firma Representante Contable _______________________________________

Name - Nombre Date - Fecha

KAREN ARCON GARCIA 10/09/2019