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3-5-804/2/3, First Floor, Opp. Bharatiya Vidhya Bhawan, Hyderguda, King Koti, Hyderabad – 500 012, A.P., India.

Cell - +91 90009 66717 Email – gmmkt@pelicaninternational.in Website – www.pelicaninternational.in

Date: November 21, 2009


Reference number: PI/GM/0027/09-10
Validity: 5 days

IRREVOCABLE CORPORATE PURCHASE ORDER

To: NETWORK PRODUCT SOURCING LLC


445 E 89TH STREET CHICAGO, IL 60619
Via dominic gomez

We, the undersigned, Pelican International. hereby confirm with full legal and
corporate responsibility and under penalty of perjury that we are ready, willing and
able to purchase ICUMSA 45 Sugar in the quantity and for the price as specified in
the Terms and Conditions stated below. This representation is made with full
corporate authority and also responsibility of the above stated buyer.

COMMODITY: 762,500MT of ICUMSA 45


100,000 X 12 but first shipment will be 12,500mt
Shipment #1 Country:-CIF 12,500mt Spot Deal
Mozambique
Shipment #2 Country:-CIF 50,000mt x 12 MOMBASA
KEENYA
Shipment #2 Country:-CIF 12,500mt x 12 TEMA
GHANA

ORIGIN: Brazil
SPECIFICATIONS: Polarization : 99,80% min
Moisture : 0,08% max by weight
Ash content : 0,08% max by weight
Solubility : 100% dry/free fine flowing
Radiation : Normal internationally accepted limit w/o presence
of cesium or iodine, certified
Crop : Current
Ash content : 0,04% max
Granulation: Medium to fine
Magnetic particles: 4 Mg / k
SO2 : 20 PP Max
Colour : Sparkling White maximum 45 ICUMSA attenuation units
(ICUMSA method nº 1978)
Granulation : Fine Standard
Ash by electrical : 0.08 % Max. (on dry weight basis)
Conductivity
Sulphur Dioxide : 20 mg/kg Min.
Sediments : None

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3-5-804/2/3, First Floor, Opp. Bharatiya Vidhya Bhawan, Hyderguda, King Koti, Hyderabad – 500
012, A.P., India.
Cell - +91 90009 66717 Email – gmmkt@pelicaninternational.in Website –
www.pelicaninternational.in

Smell : Free of any odor


Reducing Sugar : 0.05% Max by weight
HPN Staph Aureus : Nil
Max AS : 1 P.P.M.
Max PS : 2 P.P.M.
Max CU : 3 P.P.M.
Substance : Solid Crystal
Free from: Mold, unnatural odors, chemicals and insects
Poisonous: Phytosanitary certificate
Seed Husks: of no radiation, no viruses, insect parts, no
poisonous matter and non genetic ans is suitable for human
consumption
MONTHLY REQUIREMENT: 100,000 X 12 but first shipment will be 12,500mt
Shipment #1 Country:-CIF 12,500mt Spot Deal
Mozambique
Shipment #2 Country:-CIF 50,000mt x 12 MOMBASA
KEENYA
Shipment #2 Country:-CIF 12,500mt x 12 TEMA
GHANA

TOTAL REQUIREMENT: 762,500MTS


DURATION OF CONTRACT: 12. Months
TARGET PRICE: US$ 300 Per MT (Three Hundred United States Dollar) Per Metric Ton
SHIPPING TERMS: As per our LOI
PACKAGING The sugar shall be packed in 50 Kg. Net wgt. / 50.172 Kg. Gross wt. Poly-lined
new Jute Bags or acceptable equivalent. Each bag shall be secured to assure
the safety of the commodity during ocean transport.
LABELING Bags shall be branded in indelible ink or paint in the English language bearing
marks: Product of Brazil, Refined sugar, Net Wt: 50.0 Kg; Current Crop.
DELIVERY TIME: Up to 15-20 days from date of Sellers receipt of the acceptable operative
payment instrument.
INSPECTION SGS or acceptable equivalent at port of loading
DELIVERY SCHEDULE: 100,000 X 12 but first shipment will be 12,500mt
Shipment #1 Country:-CIF 12,500mt Spot Deal
Mozambique
Shipment #2 Country:-CIF 50,000mt x 12 MOMBASA
KEENYA
Shipment #2 Country:-CIF 12,500mt x 12 TEMA
GHANA

DESTINATION PORTS: As above


PACKAGING: 50 kg PP bags
MODE OF PAYMENT: ……………………………………………………
BG/FFDRLC 100% Payment at Sight L/C for total Quantity
from Top 50 Western

Irrevocable Corporate Purchase Order (ICPO)


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3-5-804/2/3, First Floor, Opp. Bharatiya Vidhya Bhawan, Hyderguda, King Koti, Hyderabad – 500
012, A.P., India.
Cell - +91 90009 66717 Email – gmmkt@pelicaninternational.in Website –
www.pelicaninternational.in

Prime Bank.
DOCUMENTS: Standard
PERFORMANCE BOND 2%

BUYER’S INFORMATION
COMPANY NAME PELICAN INTERNATIONAL
ADDRESS: 3-5-804. KING KOTI, HYDERGUDA
CITY / ZIP / COUNTRY HYDERABAD, A.P. INDIA

PHONE +91 9000966717


FAX 0091 40 23263399
EMAIL gmmkt@pelicaninternational.in
LEGAL REPRESENTATIVE Later
TITLE

BUYER’S BANK COORDINATES


BANK NAME: ABN AMRO
ADDRESS: ROAD NO, 1, BANJARA HILLS
CITY / ZIP / COUNTRY HYDERABAD. A.P. INDIA
BANK TEL: 0091- 40 - 66858817
BANK FAX: 0091- 40 - 66660567
ACCOUNT NAME: PELICAN INTERNATIONAL
ACCOUNT NUMBER 1591477
BANK SWIFT CODE: ABNAUS33
BANK OFFICER’S NAME KUNAL HARIA
TITLE
DIRECT TEL/FAX: 0091- 40 - 66660567

This ICPO is the only current active and valid ICPO and has been exclusively offered
for the release of the Draft Contract.

We understand that any and all offers and/or contracts are subject to successful
seller verification of funds availability. We hereby give our written permission for the
seller to conduct a soft probe of our account.

For and on behalf of Pelican International.

NAME: KRISHNA RAO MURALI MOHAN


TITLE: GENERAL MANAGER
DATE: 21-11-2009

Irrevocable Corporate Purchase Order (ICPO)


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3-5-804/2/3, First Floor, Opp. Bharatiya Vidhya Bhawan, Hyderguda, King Koti, Hyderabad – 500
012, A.P., India.
Cell - +91 90009 66717 Email – gmmkt@pelicaninternational.in Website –
www.pelicaninternational.in

STAMP / SEAL
SIGNATURE

Irrevocable Corporate Purchase Order (ICPO)


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