CONTRACT TOTAL SELLING PRICE

PRODUCT QUANTITY MT
DURATION CIF
12 500 $ 455.00
25 000 $505.00
ICUMSA 45 12 MONTHS 50 000 $440.00
100 000 $430.00
200 000 $425.00
1 000-5 000 $1,115.00
5 001-10 000 $1,065.00
EDIBLE OIL SUNFLOWER OIL BULK 12 MONTHS
10 001-20 000 $1,015.00
20 000 - 100 000 $965.00
1 000-5 000 $1,165.00
5 001-10 000 $1,115.00
EDIBLE OIL SUNFLOWER PET BOTTLES 12 MONTHS
10 001-20 000 $1,065.00
20 000 - 100 000 $1,015.00
10 FCL 27MT $3,250.00
20 FCL 27MT $3,200.00
FROZEN CHICKEN PAWS AND FEET 12 MONTHS
50 FCL 27MT $3,150.00
100 FCL 27MT $3,050.00
10 FCL 27MT $3,350.00
20 FCL 27MT $3,300.00
FROZEN CHICKEN MID JOINT WINGS 12 MONTHS
50 FCL 27MT $3,250.00
100 FCL 27MT $3,300.00
10 FCL 27MT $3,200.00
20 FCL 27MT $3,150.00
FROZEN CHICKEN WHOLE 12 MONTHS
50 FCL 27MT $3,100.00
100 FCL 27MT $3,050.00

SECTION ONE: SUMMARY OF TRANSACTION

SECTION 1.1

CONTRACT DURATION: 12 MONTHS CONTRACTS ONLY

SHIPPING TERMS: CIF INCOTERMS 2020 EDITION
PERFORMANCE BOND: 2% PERFORMANCE BOND AGAINST MT700 AND MT760
CASH ADVANCE BOND: 100% CASH ADVANCE BOND IF UP FRONT CASH PAYMENT
MT103 OR T/T METHOD IS USED.
PAYENT METHOD / INSTRUMENTS
1. MT700 DOCUMENTARY LETTER OF CREDIT, IRREVOCABLE, CONFIRMED FOR
THE VALUE OF ONE MONTH VALID FOR 365 DAYS WITH MT103 TRANSFER AT
LOADING PORT AGAINST SHIPPING DOCUMENTS.
2. MT760 STANDBY LETTER OF CREDIT, IRREVOCABLE, CONFIRMED FOR THE
VALUE OF ONE MONTH VALID FOR 365 DAYS WITH MT103 TRANSFER AT
LOADING PORT AGAINST SHIPPING DOCUMENTS.
3. MT103 UPFRONT PAYMENT AGAINST INVOICE AND CASH ADVANCE BOND.
GACC REGISTRATION: -
SHIPPING INSURANCE: 100% OF COMMERCIAL INVOICE WILL BE INSURED FOR
SHIPMENT OF GOODS

IMPORTANT PLEASE TAKE NOTE:

 WE DO NOT FACILITATE SPOT DEALS OR SEPARATE TRIAL ORDERS FROM
CONTRACT ORDERS.
 TRIAL ORDER IS FIRST SHIPMENT ORDER AND WILL FORM PART OF THE
ENTIRE CONTRACT.
 THE TRIAL SHIPMENT QTY NEEDS TO BE THE SAME AS THE MONTHLY
CONTRACT QUANTITY.
 REASON FOR TRIAL SHIPMENT IS TO ENSURE LOGISTICS ARE STREAMLINED
FROM BOTH SELLER AND BUYER.
 WE DO NOT FACILITATE SAMPLE SHIPMENTS FOR TESTING.
 PRE-SHIPMENT INSPECTION WILL BE PART OF SELLER’S COST DONE BY AN
INDEPENDENT 3RD PARTY INSPECTION AUTHORITY TO DETERMINE THAT THE
METHODS AND SPECIFICATIONS ARE MET AS WELL AS QUALITY AND
QUANTITY. ANY OTHER INSPECTIONS REQUIRED WILL BE FOR THE BUYER’S
COST
 PORT VISITATIONS ARE FACILITATED ONLY AFTER ORDER HAS BEEN
PLACED AND PAYMENT INSTRUMENT HAS BEEN ISSUED, PLEASE NOTE WE
NEED TO REGISTER ALL VISITOR 10 TO 15 DAYS IN ADVANCE OF PORT VISIT
TO OBTAIN PORT PERMITS FOR ENTRY.
 WE DO NOT ISSUE PAST PERFORMANCE DOCUMENTS OR ANY DOCUMENTS
NOT RELATED TO THE CURRENT TRANSACTION, THIS IS AGAINST SEVERAL
INTERNATIONAL LAWS.
 FUTURETEND IS THE SELLER AND PROVIDE PERFORMANCE BONDS, CASH
ADVANCE BONDS AND SHIPPING INSURANCE TO ENSURE THERE IS NO RISK
FOR THE BUYER TO TRANSACT OR LOOSE MONEY.
 NO EXCEPTIONS WILL BE MADE.

SECTION 1.2 PAYMENT INSTRUMENT

1. MT700 DOCUMENTARY LETTER OF CREDIT, IRREVOCABLE, CONFIRMED FOR
THE VALUE OF ONE MONTH VALID FOR 365 DAYS WITH MT103 TRANSFER AT
LOADING PORT AGAINST SHIPPING DOCUMENTS.
2. 2. MT760 STANDBY LETTER OF CREDIT, IRREVOCABLE, CONFIRMED FOR THE
VALUE OF ONE MONTH VALID FOR 365 DAYS WITH MT103 TRANSFER AT
LOADING PORT AGAINST SHIPPING DOCUMENTS.
3. MT103 UPFRONT PAYMENT AGAINST INVOICE AND CASH ADVANCE BOND.
SECTION 1.3 OTHER PAYMENT INSTRUMENTS
SECTION 1.3 UPSELLING FROM FUTURETEND PRICE-LIST
 ALL UPSELLING WILL BE SHARED 50/50 BETWEEN FUTURETEND AND
INTERMEDIARIES INVOLVED.

SECTION TWO: PROCEDURES

1. ACCORDING TO PRICES LISTED, BUYER ISSUE AN IRREVOCABLE CORPORATE
PURCHASE ORDER ON THE BUYER’S COMPANY LETTERHEAD WITH SIGNATURE
AND STAMP.
2. WE WILL BE VETTING EACH PARTY INVOLVED AND DOCUMENTS SUBMITTED
INCLUDING INTERMEDIARIES AND MANDATES.
3. FUTURETEND WILL ISSUE A SALES AGREEMENT TOGETHER WITH A PRO-FORMA
INVOICE AND EMAIL IT DIRECTLY TO THE BUYER FOR SIGNING.
4. 4. THE BUYER WILL HAVE THREE (3) DAYS TO REVIEW THE SALES AGREEMENT
AND TO EMAIL IT BACK SIGNED ON EACH PAGE, TOGETHER WITH A COMPANY
STAMP. (PLEASE NOTE WE WILL NOT ACCEPT ANY SIGNED DOCUMENTS VIA
WHATSAPP)
5. 5. ONCE THE SIGNED SPA AND INVOICE HAS BEEN RECEIVED, THE BUYER WILL
HAVE FIVE (5) WORKING DAYS TO ISSUE THE PRE-AUTHORIZATION MT799 BANK
TO BANK SWIFT KEY MESSAGE AS INDICATED ON PROFORMA INVOICE AND
EMAIL A COPY OF THE SWIFT PAYMENT INSTRUMENT TO FUTURETEND.
6. 6. FUTURETEND WE WILL ISSUE A BANK-TO-BANK CONFIRMATION THAT WE
ARE READY, ABLE AND WILLING TO ACCEPT YOUR INSTRUMENT AND THAT WE
WILL SUBMIT THE MT760 PERFORMANCE BOND OF TWO PERCENT (2%) TO THE
BUYER’S BANK.
7. THE BUYER WILL ISSUE THE PAYMENT INSTRUMENT VIA SWIFT KEY MESSAGE
SYSTEM BANK TO BANK.
8. IN THE EVENT WHERE AN UPFRONT CASH PAYMENT MT103 OR T/T METHOHD IS
USED, THE BUYER WILL TRANSFER THE MONEY ONLY AFTER THE BUYER HAS
RECEIVE THE CASH PERFORMANCE BOND FROM SELLER’S BANK AS WELL AS
PRO-FORMA INVOICE.
9. TRANSPORT OF GOODS TO LOADING PORT WILL START.
10. FROM PRODUCTION TO LOADING TAKES AN AVERAGE OF 30 DAYS. (DEPENDING
ON QUANTITY)
11. 10 DAYS BEFORE VESSEL GETS LOADED, WE WILL APPLY FOR PORT PERMITS
FOR BUYER TO VIEW GOODS AT PORT. (SUBJECT TO PORT AUTHORITY
APPROVING THE VISITATION PERMITS OF VISITORS)
12. BUYER WILL BE SEND AN INVITATION AND QUESTIONARE TO COMPLETE FOR
THE PORT VISITATION IN BRAZIL.
13. ONCE VESSEL HAS BEEN LOADED, SGS OR ANY INDEPENDENT VERIFICATION
AGENCY WILL CONDUCT A QUALITY AND QUANTITY INSPECTION.
14. A SET OF DOCUMENTS WILL BE SEND ELECTRONICALLY (e-UCP) TO THE
BUYER’S BANK AFTER WHICH THE BUYER HAVE 48HOURS TO PAY FOR THE
SHIPMENT.
15. THE PROCESS FROM NUMBER 8 TO13 WILL BE REPEATED MONTHLY FOR THE
DURATION OF THE CONTRACT.
16. THE MT700 OR MT760 WILL ONLY BE SUBMITTED FOR SECURITY AND PAYMENT
WILL BE DONE VIA MT103 TRANSFER AT LOADING PORT PER SHIPMENT.