Contents

LETTER OF INTENT........................................................................................................................................2
LETTER OF INTENT........................................................................................................................................6
IRREVOCABLE CORPORATE PURCHASE ORDER..........................................................................................10
RESOURCE APPROVAL................................................................................................................................13
Bank Comfort Letter...................................................................................................................................16
BUYER COMMISSION AGREEMENT (BCA)...................................................................................................18
IRREVOCABLE MASTER FEE PROTECTION AGREEMENT.............................................................................21
SALES & PURCHASE” AGREEMENT.............................................................................................................25
 Amodu, USA
Contact person: Amodu Kelvin
Address: 100 high street, New York, United States 11218
Tel: 1-702-403-9854

LETTER OF INTENT

Dated: 19.01.2011.

To: Rio Tinto Alcan

Dear Sirs,

I, Mr. Kelvin, on behalf of Amodu, hereby state and represent that it is our intention to
purchase, and we hereby confirm that we are ready, willing and able to purchase the following
commodity as per the specification and in the quantity and for the price as specified in the terms
and conditions as stated below. This representation is made with full corporate authority and
responsibility.
We confirm and guarantee that this Letter of Intention has not been issued to any other
sellers or brokers before and has a validity of fifteen (15) days from the date of issue.

PRODUCT DETAILS

Product: Aluminum

Specification/Standard Melting Point (°C) 660.2

: Boiling Point (°C) 2480
Mean Specific Heat (0-100°C) (cal/g.°C) 0.219
Thermal Conductivity (0-100°C) (cal/cms. °C) 0.57
Co-Efficient of Linear Expansion (0-100°C)
(x10-6/°C) 23.5
Electrical Resistivity at 20°C (µΩ.cm) 2.69
Density (g/cm3) 2.6898
 Modulus of Elasticity (GPa) 68.3
Poissons Ratio 0.34
Total Quantity: 30 MT

Target Price: 2.356 USD /MT

Country of Origin: Iceland

Port of shipment: Hafnarfjordur

Shipment country: The USA

Terms of Delivery: FOB

Contract Duration: 12 Months

Quantity of monthly 2.5 MT x 12

Shipments:

Delivery Time: 4 weeks delivery, max after buyer received acceptable Letter of Credit

Rate/Size of Shipment: 2.5 MT on tanker

Packing:

Payment Instrument: DLC

Performance Bond: 2%

BUYER'S BANKING INFORMATION

Full Name of the Bank Citibank

Bank Address 262 1ST Ave

Bank Phone No 1-800-627-3999

Bank Fax No 1-800-945-0258

Bank Account Holder Amodu

Bank Account No 332225650000005562321

Bank SWIFT/Sort Code No CITIUS33 ABA 021000089

A copy of this LOI will be also sent by the buyers to their Bank informing them of
what they intend to purchase.

BUYER'S COMPANY INFORMATION:

COMPANY Amodu

LEGAL ADDRESS 100 high street, United States 11218

CITY New York

COUNTRY United States 11218

TELEPHONE 1-702-403-9854

E/FAX 1-702-403-9854

REPRESENTED BY Mr. Kelvin

TITLE PRESIDENT

IREVOCABLE PURCHASE ORDER IS SUBJECT TO FINAL APPROVAL AND

AGREEMENT BY BOTH SELLER AND BUYER AND ALL THE TERMS AND
CONDITIONS HEREIN AS WELL AS THE SUBSEQUENT CONTRACT OF SALE
INCLUDING ANY AMENDMENTS OR VARIATIONS THEREOF, ALL OF WHICH
HAVE TO BE REDUCED IN WRITING AND SIGNED BY BOTH PARTIES HERETO.

Yours faithfully,
Amodu Kelvin
President

Amodu
Company rubber stamp
19.01.2011

Rio Tinto Alcan

Email: isal@riotinto.com
Address: Alcan Iceland Ltd. Straumsvik - P.O. BOX 244
Zip Code: 222 Hafnarfjordur, Iceland
Phone: +354 560 7000
Fax: +354 560 7070

LETTER OF INTENT

Dated: 19.01.2011.

To: Amodu
Dear Sirs,

I, David J. Reev, on behalf of Rio Tinto Alcan, hereby state and represent that it is our
intention to sell, and we hereby confirm that we are ready, willing and able to sell the following
commodity as per the specification and in the quantity and for the price as specified in the terms
and conditions as stated below. This representation is made with full corporate authority and
responsibility.

We confirm and guarantee that this Letter of Intention has not been issued to any other
sellers or brokers before and has a validity of fifteen (15) days from the date of issue.
PRODUCT DETAILS

Product: Aluminum

Specification/Standard: Melting Point (°C) 660.2

Boiling Point (°C) 2480
Mean Specific Heat (0-100°C) (cal/g.°C) 0.219
Thermal Conductivity (0-100°C) (cal/cms. °C) 0.57
Co-Efficient of Linear Expansion (0-100°C)
(x10-6/°C) 23.5
Electrical Resistivity at 20°C (µΩ.cm) 2.69
Density (g/cm3) 2.6898
Modulus of Elasticity (GPa) 68.3
Poissons Ratio 0.34
Total Quantity: 30 MT

Target Price: 2.356 USD /MT

Country of Origin: Iceland

Port of shipment: Hafnarfjordur

Shipment country: The USA

Terms of Delivery: FOB

Contract Duration: 12 Months

Quantity of monthly 2.5 MT x 12

Shipments:

Delivery Time: 4 weeks delivery, max after buyer received acceptable Letter of
Credit

Rate/Size of Shipment: 2.5 MT on tanker

Packing:

Payment Instrument: DLC

Performance Bond: 2%

SELLER'S BANKING INFORMATION

Full Name of the Bank MP bank

Bank Address Ármúli 13a, 108 Reykjavik

Bank Phone No +354 540 3230

Bank Fax No +354 540 3201

Bank Account Holder Rio Tinto Alcan

Bank Account No 3256550000000220236877

Bank SWIFT/Sort Code No MPBAISRE

For and on behalf of,

SELLER'S COMPANY INFORMATION:

COMPANY Rio Tinto Alcan

LEGAL ADDRESS Alcan Iceland Ltd. Straumsvik - P.O. BOX 244 - 222
CITY Hafnarfjordur

COUNTRY Iceland

TELEPHONE +354 560 7000

E/FAX +354 560 7070

REPRESENTED BY David J. Reev

TITLE Manager Partner

Yours faithfully,

David J. Reev

Manager Partner

Rio Tinto Alcan

Company rubber stamp

19.01.2011.
 IRREVOCABLE CORPORATE PURCHASE ORDER

Date: 19.01.2011.

To: Rio Tinto Alcan

From: Amodu

I, the undersigned Amodu Kelvin hereby declare and confirm that we are ready, willing and able
to purchase the commodity as per specification and the quantity and for the price as specified in
the terms and conditions as hereinafter set forth. This representation is made with full corporate
authority and responsibility of the above.

Commodity: Aluminum

Quantity (per month): 2.5 MT

Total quantity: 30 MT

Contract period: 12 months.

Specification:

Melting Point (°C) 660.2

Boiling Point (°C) 2480
Mean Specific Heat (0-100°C) (cal/g.°C) 0.219
Thermal Conductivity (0-100°C) (cal/cms. °C) 0.57
Co-Efficient of Linear Expansion (0-100°C)
(x10-6/°C) 23.5
Electrical Resistivity at 20°C (µΩ.cm) 2.69
Density (g/cm3) 2.6898
Modulus of Elasticity (GPa) 68.3
Poissons Ratio 0.34
Origin: Iceland

Target price: 2.356 USD per MT at the port of shipment (FOB)

Delivery: 4 weeks delivery, max after buyer received acceptable Letter of Credit.
Payments:

By fully funded irrevocable unconditional transferable division documentary letter of credit

confirmed by top 50 banks, a final form acceptable to seller, in its sole and absolute discretion. If
the issuing bank is not top 50 world bank, buyer shall, at its own expense, cause the final
instrument to be confirmed by a top 50 world bank. A bank’s rating shall be determined by the
latest available listing published by world news of Forbes magazines

Shipping:

40 days after receipt and acceptance of the L/C

POP:

Transmit from seller’s bank to buyer’s bank.

Performance bond:

2 % by seller’s bank in favor of the buyer. (Internationally accepted)

Loading:

All costs at the port of loading for the account of seller.

Discharge:

All costs at the port of discharge for the account of the buyer.
Buyer’s information:

Amodu, USA
Contact person: Amodu Kelvin
Address: 103 100 high street, New York, United States 11218
Tel: 1-702-403-9854

Buyer’s correspondent and confirming bank:

We understand that any and all offers and/or contracts are subject to successful seller verification
of funds availability, we hereby give our permission of the seller to conduct a soft probe of our
account listed above.

For and on behalf of ______________

Buyer’s Authorized signature & Seal

________________________

Date: 20.01.2011.
 RESOURCE APPROVAL
Aluminum

Date: 20.01.2011.

To: Amodu

From: Rio Tinto Alcan

I, the undersigned David J. Reev hereby declare and confirm that we are ready, willing and able
to sell the commodity as per specification and the quantity and for the price as specified in the
terms and conditions as hereinafter set forth. This representation is made with full corporate
authority and responsibility of the above.

Commodity: Aluminum

Specification: Quality of Aluminum delivered under this offer shall meet the below stated
specification:

Melting Point (°C) 660.2

Boiling Point (°C) 2480
Mean Specific Heat (0-100°C) (cal/g.°C) 0.219
Thermal Conductivity (0-100°C) (cal/cms. °C) 0.57
Co-Efficient of Linear Expansion (0-100°C)
(x10-6/°C) 23.5
Electrical Resistivity at 20°C (µΩ.cm) 2.69
Density (g/cm3) 2.6898
Modulus of Elasticity (GPa) 68.3
Poissons Ratio 0.34

Quantity (per month): 2.5 MT

Total quantity: 30 MT

Contract period: 12 months.

Target price: 2.356 USD per MT at the port of shipment (FOB)

TERMS:

1) Currency: All prices are quoted in USD Dollars.

2) Packing:

3) Marking: Buyers Markings one side with one color.

4) Validity: Five days from now to confirm our Pro Forma Invoice. L/C (approved by
the Sellers) shall be opened latest one week from now. After these dates this
offer is subject to our re - confirmation.

5) Payment: By Irrevocable, Confirmed by BBVA Compass Bank Letter of Credit,

payable after 360 days, against presentation of act of loading documents.
Partial shipment is acceptable.

6) Quantity: 2.5 MT +/-5% in Sellers option.

7) Origin: Iceland

8) Place of load: Hafnarfjordur, Iceland

9) Place of New York, USA

destination:

10) Loading: Loading can start within 4 weeks after receipt of 100 % workable Letter of
Credit in bank indicated by Seller after approval of this document and
signing commercial contract between parties.

11) Delivery: FOB New York, USA. Loading: All costs at the port of loading for the
account of seller. Discharge: All costs at the port of discharge for the
account of the buyer.

12) Insurance: By Seller.

13) Inspection: By an Internationally recognized independent surveyor “Bureau Veritas” for

 quality and quantity for the account of Seller. This Inspection is to be final
and binding for both parties involved and to be executed at load place.

14) General: International Contract Terms (INCOTERMS) 2000 are applied.

Seller’s information:

Rio Tinto Alcan

Email: isal@riotinto.com
Address: Alcan Iceland Ltd. Straumsvik - P.O. BOX 244
Zip Code: 222 Hafnarfjordur, Iceland

Phone: +354 560 7000

Seller’s Authorised signature & Seal

________________________
Date: 20.01.2011.

Bank Comfort Letter

PROOF OF FUNDS

Date: 20.01.2011

From:
Bank : Citibank
Bank Officer : Michele Miller
Bank Address : 262 1ST Ave
Bank City & State : New York, USA
SWIFT : CITIUS33 ABA 021000089
Telephone number : 1-800-627-3999

To:
Buyer’s full company name: Amodu, USA
Address:100 high street, New York, United States 11218
Phone: 1-702-403-9854
Fax: 1-702-403-9854
E-mail: amodu.kelvin @amodu.com
Represented by:Amodu Kelvin

We are informed that our client Amodu, account number XXXXXXXXXXXXXXX would like
to purchase 30 MT (2.5 MT +/- 5% x 12 months) of Iceland Aluminum at US Dollars $: 2.356
per MT, FOB port Hafnarfjordur for a total of US$ 70 680.

We understand that payment is to be by unconditional, irrevocable, transferable, payable 100% at

sight Letter of Credit for 4 days, and confirmed by Citibank.

This is to inform you that the Buyer has the financial capacity to issue such Letter of Credit
subject to bank formalities.

Signed and sealed

Bank Officer / Michele Miller /

 BUYER COMMISSION AGREEMENT (BCA)

Buyer’s full company name: Amodu, USA

Address:100 high street, New York, United States 11218
Phone: 1-702-403-9854
Fax: 1-702-403-9854
E-mail: amodu.kelvin @amodu.com
Represented by: Amodu Kelvin

hereinafter referred to as "BUYER"

Company name: Dragon export&import

Address: Aspazijas 5 road, LV-1028, Riga city, Latvia
Phone: +371-67034701
Fax: +37167034700
E-mail: draganbr@dragon.lv
Represented by: Mr. Dragan Brankovic

Hereinafter referred to as "BUYING AGENT"

BUYER & BUYING AGENT hereinafter jointly referred to as "PARTIES"

DATE: January 20, 2011

Contract Definitions

DELIVERY CONTRACT – Agreement between Buyer and Seller of delivery of specified goods
under agreed delivery condition.

A. THE PARTIES AGREE that this document is binding on the Parties hereto, including their
principals, employees, representatives, agents, assignees, heirs and successors, and is limited to
the terms set forth herein. The Parties also agree that this document embodies the full and
complete agreement of the parties, and no amendments, alterations, or modifications shall be
effective or binding upon the Parties hereto without prior written agreement signed by both
parties.

B. THE PARTIES FURTHER AGREE that this Agreement shall be terminated only by a written
amendment attached to this agreement, signed by all Parties hereto or their heirs, successors or
assignees. This agreement covers whole DELIVERY CONTRACT period.

C. Buying Agent commission will be fixed in IMFPA - Irrecoverable Master Fee Protection
Agreement.
D. NON CIRCUMVENTION, NON DISCLOSURE CLAUSE. The Buyer agrees not to
circumvent the commercial relationship between the Buying Agent and the Suppliers that the
Buying Agent is actively engaged in negotiations with, including but not limited to; avoiding, or
bypassing due payments or divisions of commissions or fees, in connection with this Agreement.

E. Furthermore, the Buyer and Buying Agent irrevocably agree that they shall not disclose or
otherwise reveal any confidential information provided by one party to the other, particularly non
disclosure of, contract terms, confidential product information, propriety or confidential
manufacturing processes, confidential product pricing schedules, commission rates and fees, or
financing arrangements.

F. BY THEIR SIGNATURES below, the signing Parties avow that they are duly empowered by
their respectively named companies to bind them to the commitments and obligations contained
herein.

G. In case of any disputes where is not possible to reach mutual agreement and not specified in
this contract are reviewed under Regulation of Iceland legislation and International Trade Laws
and contracts.

H. Any dispute, disagreement or claim arising from this Agreement, referring to it or its violation,
termination or invalidity, shall be solved by the Parties in mutual negotiations, but in case if the
Parties fail to agree, the dispute is submitted for review to the arbitration court - Baltijas
Komercdarījumu Šķīrējtiesa [Baltic Business Arbitration] in Riga (www.bks.lv) within it Rules
of procedure by 3 judges. Case language is English.

Amodu
_______________________
CEO and President

Dragon export&import.
_______________________
Member of Board

___________________
Represented by
Amodu Kelvin
___________________
Represented by
Dragan Brankovic

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT

(also known as IMFPA)

Contract №: 20100416
Buyer’s Name: Amodu
Buyer’s Address: 100 high street, New York, United States 11218
Buyer’s Phone Number: 1-702-403-9854
Buyer’s Fax Number: 1-702-403-9854
Signatory:
Commodity: Aluminum

Contract Duration: 12 months

Delivery: FOB port New York
Price Basis: $2.356 per MT
Total Contract Quantity: 30 MT ( 2.5 MT +/- 5% x 12 months)
Total Contract Value: US$ 70 680 (US$ 5 890 x 12 months)

1 We the undersigned herewith referred as the BUYER, under penalty of perjury do hereby
irrevocably confirm and irrevocably accept to pay BUYER AGENT in a manner as the
buyer will pay for each and every transaction of this contract up to the completion of the
contract plus rollovers and extensions and in accordance with the bank details to be
specified in the hard copies of this contract.

1.1 The entitlements herein specified will be transferred in full compliance with articles 48 and
49 of ICC N0. 500, as amended, in favor of the paymaster herein been named.

1.2 All pay orders shall automatically transfer funds as directed into BUYER AGENT
designated bank account within 2 (two) day after the commodity are delivered at the
destination station in compliance with agreement between BUYER and SELLER.

1.3 The payments will be made without protest, delay, or deductions (other than normal Bank
wire transfer fees).

2 I, the undersigned, with full corporate authority and legal responsibility, under penalty of
perjury, on behalf of the Buyer, do hereby irrevocably and conditionally undertake to pay
the commission specified in this Fee Protection Agreement in United States Dollars, in
favor of the Buyer Agent named herein. A commission of USD 12% per MT will be paid to
the BUYER AGENT. The said commission becomes payable if the referenced transaction
 has successfully been concluded and the payment of the commodity has been made by the
Buyer in favor of the undersigned in respect of each and every shipment that has been
delivered. The responsibility of the undersigned payer is limited to the transfer of the
entitlement to the beneficiary paymaster whenever the commodity delivered has been paid
by the Buyer and to the observances of the practices of the NCND (Non-Circumvention
and Non-Disclosure Agreement).

3 It is expressly understood that BUYER AGENT agrees to act as Paymaster and take full
responsibility in the disbursement of funds (commissions as referrals, brokers, finder's fees)
in an expedient and fair fashion, as agreed and understood by all parties concerned.

4 This master fee protection agreement covers the agreement between BUYER and SELLER
and shall include any renewals, extensions, rollovers, additions or any new or transfer
contract any how originated from this transaction because of the BUYER and BUYER
AGENT or changing codes of the initial contract entered into between the BUYER and
SELLER.

This master fee protection agreement and any subsequently issued pay orders shall be
assignable, transferable and divisible and shall not be amended without the express written.

Furthermore, we agree that any and all commissions due shall be paid to the BUYER
AGENT as a result of any extension or rolls of the contract and that we shall effect all
necessary documentation with our bank without any undue delays to ensure such
commissions and paid within the terms of the agreement.

5 The illegality, invalidity and non-enforceable provision of this document under the laws of
any jurisdiction shall not affect its illegality, validity or enforceability under the law of any
other jurisdiction or provision.
6 In case of any disputes where is not possible to reach mutual agreement and not specified in
this contract are reviewed under Regulation of Latvia legislation and International Trade
Laws and contracts.

7 Any dispute, disagreement or claim arising from this Agreement, referring to it or its
violation, termination or invalidity, shall be solved by the Parties in mutual negotiations,
but in case if the Parties fail to agree, the dispute is submitted for review to the arbitration
court - Baltijas Komercdarījumu Šķīrējtiesa in Riga (www.bks.lv) within it Rules of
procedure by 3 judges. Case language is English.

8 Signature in this agreement received by fax, shall be deemed to be an executed contract

agreement enforceable and admissible for all purposes as made necessary under the terms
of the agreement.

9 Buyer’s Banking Information:

Bank Name: Citibank

Bank Officer: Michele Miller
Address: 262 1ST Ave

City, Country: New York, USA

Account Holder: Amodu
Account Number: 66121325230000045242
Swift Code: CITIUS33 ABA 021000089
Telephone: 1-800-627-3999
Fax Number: 1-800-945-0258

10 Beneficiary’s Banking Information:

Commission: USD 8 481,60

Company Name: Dragon export&import
Telephone: +37167034701
Fax Number: +37167034700
Bank Name: Swedbank AS
Bank Address: Balasta dambis 1a, Rīga, LV-1048, Latvija
Account Number: LV90HABA0001408055842
Swift Code: HABALV22
Bank Officer: Mr. Nikita Kokurins
Bank Phone Number: +49 (0)69 / 22 22 78 00
Bank Fax Number: +49 (0) 69 / 22 22 78 01

11 Agreed and accepted:

Signatory Buyer: Signatory Agent:

SALES & PURCHASE” AGREEMENT

For Iceland Aluminum

SELLER’S TRANSACTION CODE: 200111/0988

BUYERS’S TRANSACTION CODE: 12 MIL x 12

Sales and Purchase Agreement for 12 MIL MT x 12 CIF

Aluminum

Delivery: PORT OF NEW YORK

This agreement is made on this 20th Day of January, 2011 and entered into between:

SELLER:

COMPANY NAME: Rio Tinto Alcan

REPRESENTED BY: David J. Reev

ADDRESS: Alcan Iceland Ltd. Straumsvik - P.O. BOX 244 - 222 Hafnarfjordur, Iceland

TEL.: +354 560 7000

FAX: +354 560 7070

Hereinafter referred to as "Seller"

AND

BUYER:

COMPANY NAME: Amodu, USA

REPRESENTED BY: Amodu Kelvin

ADDRESS: 100 high street, New York, United States 11218

TEL.: 1-702-403-9854

FAX: 1-702-403-9854

Hereinafter referred to as "BUYER"

Hereinafter together shall be referred to as "Party" "Parties"

Commodity: Iceland, Aluminum

Origin: Iceland
Quantity: 30 MT
Terms of Delivery: FOB
Duration: 12 Months
Price: 2.356 USD /MT
Payment Instrument: DLC
TRANSACTION PROCEDURES:

1.- Buyer Issues LOI

2.- Buyer Issues Contract. After Signed and sealed by seller, contract is retuned,

3.- Seller will submit through mail/fax transmission the Product "Aluminum" Proof of Product
"POP" to Buyer, consisting of following set of documents:

STORAGE TANKS (LOCATED IN Hafnarfjordur) RECEIPTS, OR TANKER RECEIPTS.

CURRENT DATE "SGS INSPECTION CERTIFICATES RE QUANTITY & QUALITY"

4.- Buyer/buyers bank verifies Product “Aluminum” POP’s authenticity and pays via SWIFT

MT103 direct to the Sellers designated bank account per shipment. Swift receipt will be faxed or
mailed to the seller as confirmation that transfer of funds has been made.

5.- After verification & transfer of funds by MT103/23, the Seller transfers merchandize Title to
Buyer or his nominated party’s name and presents the pertinent documents to Buyer’s bank.

AGREEMENT CLAUSES

The Parties mutually desire to execute this Agreement which shall be binding upon and inure to
the benefit of the Parties, their successors and assigns, in accordance with the jurisdictional law
of the negotiated and fully executed Agreement with terms and provisions hereunder agreed
upon.

SCOPE OF AGREEMENT

The Seller hereby confirms with full legal and corporate responsibility and under penalty of
perjury that the Seller is the owner of the Commodity, and is ready, willing, and able to enter
into this Agreement for the purpose of selling the Commodity.

The Buyer hereby confirms with full legal and corporate responsibility and under penalty of
perjury that the Buyer is ready, willing, and able to enter into this Agreement for the purpose of
buying the Commodity.

COMMODITY
In this document “Commodity” shall be understood to be Iceland Aluminum

QUANTITY

The total contractual quantity of the Commodity sold and purchased under this Agreement is 30
(thirty metric tons) SPOT first month delivery and 2.5 MT (TWO AND HALF metric tons) per
month for 12 months as per agreed loading schedule between SELLER and BUYER. Duration:
12 months with Possible Rolls and Extensions.

QUALITY

The Seller hereby guarantees that the quality of the Commodity sold will conform to the
guaranteed specifications below.

SPECIFICATIONS: As per specification in Annex A attached hereto.

SELLER’S BANKING INFORMATION:

BANK NAME: MP bank

ADDRESS OF BANK: Ármúli 13a, 108 Reykjavik

SWIFT CODE: MPBAISRE

Bank Account Holder: Rio Tinto Alcan

Bank Account No: 3256550000000220236877

TEL /FAX: +354 540 3230 / +354 540 3201

BUYER’S BANKING

BANK NAME: Citibank

ADDRESS OF BANK: 262 1ST Ave

SWIFT CODE: CITIUS33 ABA 021000089

Bank Account Holder: Amodu

Bank Account No: 332225650000005562321

TEL /FAX: 1-800-627-3999/ 1-800-945-0258
NOTE: No contact with Seller or Buyer’s bank is permitted without prior written notification and
approval by return written notice. The Parties have the right to change their bank with a written
notification and approval by the other Party.

EDT (ELECTRONIC DOCUMENT TRANSMISSIONS) SHALL BE DEEMED VALID AND

ENFORCEABLE INRESPECT OF ANY PROVISSION OF THIS CONTRACT.

ANY UNAUTHORIZED ALTERATION OF THIS CONTRACT BY RECIPIENT WILL DEEM

THIS CONTRACT NULL AND VOID.

SANCTIONS (NON PERFORMANCE)

Should either Party fail to comply with any of their obligations to the other Party related to This
Contract, then the contract is void.

INSPECTION

The quality and the weight of the products shall be ascertained and certified by SGS at loading
port at Seller’s cost and at the discharging port at the Buyer’s cost.

TAXES AND OBLIGATIONS

The Buyer shall pay all any taxes, duties related to the performance of this contract and collected
beyond the discharge port.

APPLICABLE LAW

The Iceland Law shall govern all matters relating to the validity, interpretation or performance of
this contract.

ABRITRATION

-All disputes arising in connection with the present contract shall be settled in an amicable way
firstly. Should no agreement be reached by the parties, then the case shall brought for final
settlement under the rules of conciliation and arbitration of the international Chamber of
commerce in London by one or more arbitrators in accordance with the said rules.
-Each party shall appoint one arbitrator, nothing in the agreement shall be constructed to prevent
any court having jurisdiction from issuing injunctions, attachment orders or order for other
similar relief in aid of any arbitration commenced (or to be commenced) pursuant to the Section.
Judgment upon the award rendered by the Arbitrator(s) could be entered in the Court having
jurisdiction hereof.

-Neither party shall fail to comply in a timely way with the obligations of this part to be
performed in a pursuance to this contract although a dispute has arisen and proceeded to
arbitration.

-Findings as assessed by the designated third Arbitrator, without any possibility of recourse, will
be final and binding on both parties.

CONFIDENTIALITY, NON DISCLOSURE AND NON CIRCUMVENTION

All parties related to this contract accept and agree to the internationally accepted provisions for
non-circumvention and non-disclosure with regard to all and every one of the parties involved in
this transaction and contract, and any additions, renewals and third party assignments, with full
reciprocation for a period of Five (5) years of the execution of this contract.
.

FORCE MAJEURE

Neither party to this agreement shall be responsible for breach of contract cause by acts of God,
insurrection and breakdown of refinery operations or supplies to the seller, civil war, military
operations, and national or local emergencies. The parties hereby accept the international
provisions of Force Majeure and hardships published by the International Chamber of
Commerce.

DECLARATION

The undersigned declare that the foregoing instrument fully sets forth the entire agreement
between the parties and that the signatories below have been fully and duly authorized to enter
into and bind each representative company to the contract.
WITNESS WHEREOF; THE PARTIES HERE TO SET THEIR HANDS AND ARE
WITNESSED WITH SEALS UPON THIS COMMODITY CONTRACT AS OF THE January
20th, 2011

THE BUYER:

Represented by: Amodu Kelvin, DIRECTOR

______________________________

THE SELLER:

Represented by: David J. Reev , Manager PARTNER

____________________________

ANNEX A

Iceland, Aluminum
Melting Point (°C) 660.2
Boiling Point (°C) 2480
Mean Specific Heat (0-100°C) (cal/g.°C) 0.219
Thermal Conductivity (0-100°C) (cal/cms. °C) 0.57
Co-Efficient of Linear Expansion (0-100°C) (x10-
6/°C) 23.5
Electrical Resistivity at 20°C (µΩ.cm) 2.69
Density (g/cm3) 2.6898
Modulus of Elasticity (GPa) 68.3
Poissons Ratio 0.34