COMPANY NAME

LETTER OF INTENT
Date: Sep 16, 2020

To: Ved Prakash Goojha

Director in charge
European Countries
France
I, xxxxxxxx LIMITED, as the Mr. xxxxxxxxx respectively do hereby offer to sell our commodities under
penalty of perjury to wit:

A. Commodity : AU Metal Gold in Bar Form

B. Size: 1.0 Kilogram Bar
C. Quantity: xx0 Metric Tons.

D. First Tranch: Min 2MT and min 2MT upto 5MT per weekly with Rolls and Extension
in 12 Month (Total 96 Metric Tons) or 5M per weekly with R&E in
12Month(Total 240 Metric Tons)
E. Hallmark : Internationally Acceptable Hallmark Mitsubishi Material (JAPAN)

F. Term : More than Five (5) years old

G. Purity : 999.5/999.9 Fineness
H. Discounts : Total discount gross 12%, net to Buyer 8% based on the second fixing of
London Bullion Market Association.
Commission : 2% seller (closed).
2% Buyer paid the to Seller’s Intermediaries and Buyer’s Intermediaries paid
the (OPEN)
- Seller’s Intermediary Group: 1%.
- Buyer’s Intermediary Group: 1%

PROEDURES FOB TOKYO

1. Buyer issues LOI and BCL/POF (to seller name) to Seller.

2. Seller issues SPA to Buyer, Buyer and Buyer with Sign SPA return to Seller.

3. Buyer‘s Bank issues swift MT199/Mt799 POF for 2MT of AU metal to Seller Bank.

4. Swift copy to Seller, Seller’s bank confirm the fund, Seller’s bank issues swift
MT199/Mt799 POP to Buyer‘s Bank.

5. After verification of the POF and POP have been positively confirmed by both parties.
6. Buyer‘s Bank issues swift MT799 Blockade fund for 2MT of AU metal to Seller Bank.

7. Seller shall transfer the ownership of trial 10MT of Au　Metal and related documentation to Buyer
simultaneously (Full POP) to Buyer Bank.
8. Buyer shall instruct his Bank officer to release the full payment MT103/TT of
2MT of AU Metal into Seller‘s account.

9. On the same day, Seller and Buyer shall instruct her Bank officers to immediately
transfer commission to the designated accounts and intermediaries as promised.
COMPANY NAME

10. The conclusion of the transaction shall take place under acknowledgement of Seller’s
and Buyer’s nominated (Brinks Tokyo), who shall endorse

the document of transferring the Ownership and title by the Seller to the Buyer,
11. Buyer’s nominated (Brinks Tokyo) will take delivery of the AU Metal at the Bonded
Warehouse in japan. (Delivery to buyer’s country Buyer’s cost)

12. Buyer inspect the report to see any discrepancy or deficiency in purity from products
specification of 99.95%. If purity does not meet the specification, Buyer shall send a
copy of the assay report to Seller, and request price adjustment from Seller.

13. Seller acknowledges that the Buyer’s refinery is final, and will accept its assay results.
Seller further acknowledges that he will reimburse to Buyer the price difference
resulting from the purity deficiency by refund payment by wire transfer to Buyer’s
bank, or Buyer may credit it to his next tranche payment.

Next time start following the Procedure 6

XXX CO LTD (Company Name)

Mr. XXX (Signatory Name)
Date : Sep 08, 2020

BUYER’S BANK DETAILS:

Bank Name :
Bank Address :
Account Name :
Account No :
Bank Swift :
Bank Officer :
Bank Telephone:

BUYER’S PASSPORT COPY