05/07/2020
From : AL MOATASIM UNITED FOR PROJECTS.
To :
Full Corporate Offer (FCO)
Contract & Transaction Code: CT 0135/AMAS/2020, Seller´s Code:
………………..
Buyer´s Code : ………………
Dear Sir,
We, AL MOATASIM UNITED FOR PROJECTS., represented by MR. Al Moutasim Mohammed
(CEO)OF THE COMPANY hereby confirm with full legal and corporate responsibility and under full legal
and corporate responsibility and under penalty of perjury that we are ready, willing and able to enter into
a contractual agreement for the sale of COPPER CATHODE according to the following specifications,
terms and conditions under the agreed procedures as mentioned below
1. PRODUCTS & SPECIFICATIONS:
Copper Cathodes Grade A (Electrolytic Copper Grade)
Standard Cu Cathode, purity 99.99%
CHEMICAL COMPOSITION (%) Quality: GB/T 467-2010 Copper Cathode
(High-Purity
Copper Cathode (Cu-CATH-1)
Cu Ag Bi Sb As Fe Ni
99.97- 0.0025 0.0001 0.0004 0.0005 0.0010 0.0010
Pb Si S Te Co Mg O
0.0005 0.0005 0.0015 0.0002 0.0 0.0 Nil
ADDITIONAL PARAMETERS
Dimension
914mm x 914mm x 12mm (approx.) (36″ x 36″ x 0.5″)
Weight of each sheet
125 kg (+/- 1%)
Net Weight of each pallet
2mt (metric ton) (+/- 1%)
Min. Weight of each container
20mt (approx.)
Gross Weight of each container
22.20mt (approx.)
2. INSPECTION: Inspection will be carried out by SGS inspection agency for quality and
quantity/weights at the load/destination port. A certificate issued by the inspecting
agency will form part of documents along with B/L, Invoice etc. Also cargo inspection
by SGS will be carried out at the destination port on arrival if buyer’s require and a
report to the effect will be issued.
3. PACKING: by international standards Palletized (Banded by Aluminum Bands)
4. QUANTITY : 8000 MT trail and 25,000 MT x 24 months R & E.
5. Price:
a. Price : (CIF LME -10 %)
b. PB : 1.5% WILL BE PROVIDED FROM SELLER SIDE
6. Method of Payment:
The BUYER SHALL PAY BY 100% LC TRANSFERABLE/ DLC MT700 as per the SPECIMEN
TEXT OF DOCUMENTARY LETTER OF CREDIT MT 700 OR SBLC/BG text draft as indicated
on the index 01 below to be opened by buyer before seller export/ship
the copper cathodes to the buyer’s destination.
7. Payment Guarantee :
Required POF at the time of SPA .
8. Origin : ZAMBIA
9.Country of Origin : ZAMBIA
10.Delivery :CIF UAE AND JORDAN
11.Delivery Term :Send FCO on CIF INCOTERMS
12.Contract Period : 1 Year and advise to extend
13.Transaction :
Same as point no. 6
14.Documents : The Seller will provide the following Documents:
1. Certificate of Origin
2. Certificate of Weight List
3. Certificate of Ownership
4. Custom Clearance
5. Commercial Invoice
6. Export permit/Export License
7. Seller´s declaration that all Duties, Charges and Taxes to the relevant Authorities
are paid and is free of any liens, taxes and encumbrances of any kind at delivery
8. Warrant/Certification that commodity is of non-criminal origin.
9. Commodity is confirmed by Seller to be freely tradable and exportable
worldwide
10. Name of Assignee to cargo and Shipment Bill number
Procedures :
1. Seller issue Full Corporate Offer (FCO)
2. After mutual agreement, seller issue a Non-disclosure & noncircumvention
agreement (NCNDA)
3. After verification of the document, to be completed NCNDA with all involved
persons from Buyer side and returns FCO and NCNDA signed and sealed to Seller
side
4. Seller issue draft Sales and Purchase Agreement (SPA), based on this
FCO
5. After mutual agreement, Buyer and Seller sign and seal the SPA
6. Bank to Bank: Both parties lodge copy of the SPA with their respective Bank.
Buyers bank Officer deals directly with Sellers bank officer. Proof of Product
(POP) / Proof of Funds (POF) according to mutual agreement between Buyer and
Seller.
7. Seller sends material to Port Buyer destination. Transport costs and insurance
will be paid by Seller
8. Buyer takes over the commodity at the Port free zone. From this point Buyer
takes over the responsibility for transport and insurance
9. Buyer arranges the payment by Bank Transfer DLC/SBLC/BG.
10. Once payment in full has been made for each LOT, the title of the commodity
shall be immediately transferred from the Seller to the Buyer.
11. If the Buyer cannot perform, he must pay a penalty in the amount of 2% of the
total amount to the Seller.
BUYER’S SIGNATURE & SEAL:
I_ ,(Title) ,of the
Company:_ , address in; , (City) , (Country) in , with full rights
and legal powers and regulatory and representation of the same, accept all the
parts and Full terms Corporate Offer with the terms above, to buy Copper Wire
99.7% and/or Copper Cathode and signal accordance signs below.
Banking Coordinates:
Seller Banking Coordinates
Account Holder: AL Moutasim United Project
Bank Name: National Bank Of Oman
no. ;
IBAN:
Swift Code:
Bank Officer: Name: MR Sultan Al Shaeeli
E-Mail: SultanMohd@nbo.co.om
Buyer Banking Coordinates:
Account Holder:
Bank Name: Account
no. ; IBAN:
Swift Code:
Bank Officer: Name:
E-Mail:
Signature:
BUYER: SELLER: VIKAS KUMAR
Name : Name : AL Moutasim Mouhammed
Signature :
Signature:
Passport: Passport: NJ9000418
Nationality: Nationality: Omani
Date, place Date, Place : 05.07.2020
BUYER PSSPORT COPY
Sellers Passport Copy
