LETTER OF INTENT

,September 23, 2021

FROM:- {BUYER NAME}
To,
The 1kg Dore Bars Gold Seller, Mumbai, MH
CC: Facilitator, ARPANA ENTERPRISE, Ahmedabad GUJARAT, INDIA

SUB:- 0,000 KGS of 1kg Gold Dore Bars Purchase

The commissioned {BUYER COMPANY NAME} hereby declares and confirms is

ready, willing and able to purchase the commodity described below, as per the
specifications, in the quantity, and for the price as specified in the terms and
conditions hereinafter set forth and contingent upon receiving the documents
required for an immediate transaction and signing a mutually agreeable Sales and
Purchase Agreement (the “BUYER NAME”) between the Buyer and the 0,000 kgs
DORI BAR GOLD SELLER (the “seller”):

Product: 1kg GOLD DORI BAR

SPA QUANTITY: Total 2,450 KILOGRAMS, 50kg per WEEK SHIPPMENT
a. 1st Trail Consignment: 50KG as BANKTT/MT103
b. Recording Consignments: 200 KG per Month for 50KGS PER
WEEK/ONEYear's as 100% IRREVOCABLE REVOLVING LC at Sight against
Latest ASSAY Report
Origin: AFRIC, ASIA
Delivery Term: a. 1st Trial Consignment as OTG; b. Multiple Orders as CIF
Destination: HYDERABAD,
Inspection: ASSAY REPORT
Payment: BANKTT/MT103/ICRLC
Bullion LicenseNo.: X00000XX0000XXX00000
Price: up as per on screen price date of delivery

This Letter supersedes, in its entirety, any and all oral or written communications that
previously occurred between Buyer and Seller. Buyer and Seller are sometimes
individually referred to as a “Party” and collectively referred to as the “Parties.”

SOP:
1. Letter of Intent, NCNDA Agreement, Purchase Order, Client Information Sheet, Billion
License Certificate copy & Letter of Authorization of AE for Facilitation of the deal only.
2. Zoom Call with Seller’s Attorney then FCO & SPA by seller, done Bank-to-Bank.
3. POF verification of Buyer by Seller at Bank.
4. Upon confirmation of funds, Buyer visit Gold Vault and recieves SKR & latest ASSAY Report
by Seller.
5. Buyer issues BCL & Refinery Appointment Letter to seller for Bullion Gold purity 99.99%
and wait for 72hrs for latest Assay Report on seller expenses.
6. Upon latest Assay report, Buyer pays 100% Bill Payment to seller via BankTT/Escrow/BG,
Bank-to-Bank.
7. Title Transfer of Gold takes place & Buyer is nominated Owner of the purchased Gold from
Bank.
Obligations.
This letter of intent is merely a guide to preparation of a mutually satisfactory
acquisition agreement. Nothing in this letter shall be construed to preclude other
provisions from being inserted into the Sale Purchase Agreement at the request of
either party.

Miscellaneous.
• If any term or provision here of shall be held illegal or invalid, this Letter shall be
construed and enforced as if such illegal or invalid term or provision had not been
contained herein.
• The delay or failure of a Party to enforce at anytime any provision of this Letter
shall in no way be considered a waiver of any such provision, or any other provision of
this Letter. No waiver of, delay or failure to enforce any provision of this Letter shall in any
way be
considered a continuing waiver or be construed as a subsequent waiver of any
such provision, or any other provision of this Letter.
• No provision of this Agreement shall be interpreted against any Party because
such Party or it’s legal counsel representative drafted such provision.
• This Letter maybe executed in any number of counterparts, each of when
executed and delivered (including by way off acsimile) is an original but all of
which taken together shall constitute one and the same instrument.

Sincerely,

Buyer: {BUYER NAME}

Print Name:
Print Title:
Signature:

If any
Attorney/Lawyer
Name:
Contact No.:
Email:
Signature: