Parmau LLC

Manejamos:
- Venta Spot compra minima 25.000 toneladas
- Venta por contrato a 1 año Compra minima de 12.500 toneladas hasta 500.000 toneladas mensuales.
- El término de negociación precios son CIF y tambien manejamos FAS ( Santos, Brasil ).

**PAYMENT METHOD:
DLC (MT700) or SBLC (MT760): full, 100% irrevocable transferable, divisible, operable valid
for 365 days plus one day (365 +1) throughout the contract, payment at loading port against SGS/BUREAU VERITAS
inspection**
STEP BY STEP
Step 1 – Definition of price, guarantees, payment method, port of shipment and delivery (CIF, FAS, EXW)
and commissions;
Step 2 – Sending the buyer’s documents: CIS; KYC; Passport; Company registration in the country of origin
and branches, if applicable; Proof of address of the physical headquarters (mandatory); Mandatory letter
(letter of authorization to trade on behalf of the client).
Step 3 – Signing of the confidentiality agreement (NCNDA) by everyone involved in the business
(intermediaries and buyers).
Step 4 - Buyer issues ICPO (Irrevocable Corporate Purchase Offer) along with RWA/ATV.
NOTE: ICPO + RWA/ATV must be sent directly from the bank officer's email. The RWA/ATV must be
updated within a maximum period of 15 days.
Step 5 – Seller/Exporter sends FCO (Complete Corporate Offer).
Step 6 – The buyer returns the signed and stamped FCO.
Step 7 - The Seller/Exporter returns the draft of the SPA (Purchase and Sale Agreement). The buyer will
issue an initial guarantee that they will open the banking instrument in accordance with the seller's
procedures, an Escrow account.
Step 8 – Initial guarantee: deposit in the amount of U$300,000 into an Escrow account. A commercial
guarantee contract is drawn up and signed between the parties with the conditions for releasing the
value to be incorporated into the seller's assets. At the end of the contract, this amount returns to the
buyer or, if there is a breach of contract or failure to open the bank instrument, the amount deposited
will be automatically forfeited in accordance with Brazilian regulatory laws and transferred to the seller's
account. Alternatively, if the buyer really does not want or is unable to open an Escrow account, we offer
the possibility of entering into a “trade signal” contract (the trade sign procedure follows in ‘notes’).
Step 9 – Buyer returns the signed and stamped SPA.
Step 10 – After opening and confirming the resource in the Escrow account, the seller signs the SPA.
Step 11 – Seller sends DLC or SBLC, Proforma Invoice and CIS model with bank details.Step 12 – Buyer returns DLC or SBLC wording from his bank for analysis and approval by the seller.
Step 13 – The buyer issues SBLC as a guarantee worth one month of the contract to the seller's bank.
Step 14 – After opening the banking instrument, the seller's bank issues the PB (Performance Bond) of 2%
on the value of the shipment and the POP (Proof of Product) to the buyer's bank, within 7 businesses days.
Step 15 – The buyer will receive an invitation letter to accompany the shipment of the product at the port,
at the buyer's expense.
Step 16 – The ship is loaded in 60 days.
Step 17 – After loading, the seller sends the SGS certificate and B/L.
Step 18 – Release of the ship with the following documents:
• Commercial invoice
● Bill of Lading (B/L)
● Certificate of Inspection by SGS
● Quality and weight issued by SGS
● Certificate of Origin
● Phytosanitary certificate
● Radiation Free Certificate
● Certificate of Insurance
● Fumigation Certificate
● Packing list
NOTE
NOTE 1 - The buyer's email must appear on the ICPO and must be a corporate email.
NOTE 2 - The FCO will be sent to the buyer's email with a copy to the intermediary.
NOTE 3 - All documents sent must be issued on letterhead, stamped, signed by the CEO and in PDF format.
NOTE 4 - Documents such as ICPO will only be analyzed and accepted by the seller if they meet the
requirements, such as:
• Form of payment
• Form of guarantee
• Target Price (As available offer),
NOTE 5 - The guarantee must be issued by a TOP50 bank.
NOTE 6 - The Escrow account of USD 300,000.00 (three hundred thousand dollars) is essential as a
guarantee for opening a banking instrument within the period stipulated in the SPA.NOTE 7 – The business down payment contract works as follows: the buyer deposits the amount of USD
300,000.00 (three hundred thousand dollars) into the Our seller's account (or into an account
indicated by him), which amount will be the responsibility of Us and it may be returned at the
end of full fulfillment of the contract or, if the buyer prefers, it may be deducted from the last payment
installment of the contract. If the buyer breaches the contract, this amount will automatically be owned
by Us, as part of the payment of a contractual fine for non-compliance with the business
conditions.
NOTE 8 - For SPOT purchases, an Escrow account is not necessary, as payment will be TT via MT-103, with
presentation of RWA/ATV, in the form of 50/50. Pay 50% of the shipment value upon signing the SPA and
50% of the value upon SGS inspection at the port of origin.
NOTE 9 – SGS/BUREAU VERITAS inspection is carried out 48 hours before boarding. All certificates
(Phytosanitary, BL, Reports, certificate of origin…) will be sent after SGS inspection. Under no
circumstances will there be visitors to the Plants. Only in the SGS inspection, two representatives from
the purchasing side and two representatives from the selling side will be included at the port.