Ref: Date:

From: XXXXXXXXX
XXXXXXXXX

To:

SUB: LETTER OF INTENT FOR PURCHASE OF 3M N95 (1860) RESPIRATOR MASKS AT US$ PER
MASK

Dear Mr.,

Our organization is providing its intention to purchase Fifty Million (50,000,000) 3M Particulate
Respirator N95 Masks (Item No. 1860) in a single purchase from your company.

To facilitate the completion of this transaction, we the Buyer, are ready able, and willing to pay a
price of US$ 3.20 per mask for 50 million 3M N95 (1860) RESPIRATOR MASKS.

This letter is a formal and legal expression of our intent under which the transaction can proceed
subject to the below mentioned SGS inspection and favourable report confirming the authenticity
and quantity of the goods as described above. All commercial details will be executed through a
formal invoice process as detailed below.

In order to facilitate this transaction, the applicable procedures will be

(1) Post receipt of this LOI, you/Supplier will send us a quotation detailing the product with
specifications and price and delivery schedule and your bank details.

(2) Our Attorney’s will communicate the formal Purchase order and Proof of Funds to
you/Supplier/Supplier’s Attorney payable to you/Supplier as per your quotation received
with your/supplier bank details.

(3) Additionally, along with the Purchase Order, a token deposit of US$ 100,000 will be
transferred to your account mentioned in the quotation.
a. This amount will be held on our behalf until the SGS inspection is carried out
successfully.
b. Any failure in the SGS inspection resulting in an unfavourable SGS report, this
amount, will be paid back to us/the Buyer within 48 hrs by You.
c. All bank charges (if any) for such a transfer will be to our account

(4) Our attorney will ask you/the Supplier/Supplier’s Attorney for an SGS report confirming the
quantity and availability of the stock at the supplier’s warehouse.
 (5) This SGS report along with an Invoice of the goods will trigger the balance payment (less the
US$ 100,000 paid earlier) by our attorneys to your bank account by SWIFT/CHAPS/same day
transfer.

(6) On confirmation of receipts of funds by you, possibly on the same day, you/supplier will
release the stocks to our transport agent for onward delivery to us with transfer of title and
ownership of the stock. We will arrange for the necessary insurance as required.

(7) You will send us the final invoice and we will send you a confirmation report of full receipt of
goods

All attorney fees and bank charges will be to each one’s account.
All bank charges outside United Kingdom for all money transfers made to the Supplier are payable
by Buyers.

We look forward to working with your organization on this important business proposal.

If you have any questions or concerns, please contact Mr. XXXXXXX - xxx@xxx / +00 00000000.

Thanking you,

we wish to remain.

Signed: