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SALE AND PURCHASE CONTRACT


FOR INDONESIAN ORIGIN CRUSHED NON-COKING STEAM COAL


Contract Key References
Contract No.
JRSA-CRM/NCV5048/FOB-082014
Contract Date
2014-08-15
Contract Duration Twelve (12) months/
Contract Term
FOB VESSEL
Net Calorific Value (ARB)
5000 4800 kcal/kg
Loading Port
Taboneo, South Kalimantan
Discharging Ports
Any Safe Ports in China

THIS SALE AND PURCHASE OF INDONESIAN STEAM COAL (the Contract) is made and
entered into on the Contract Date:


BETWEEN
SELLER
Name of Company: PT JAYATAMA RATNASUMINAR ABADI
Incorporation: INDONESIA
Business Address: MenaraImperium Lt. 9.Suite A, JL. HR.Rasuna Said Kav. 1 Kuningan
Jakarta Selatan

FUNDER/LC BENEFICIARY /
(if different from SELLER )
Name of Company:
Incorporation:
Business Address:


AND
BUYER
Name of Company: CHINA RAILWAY MATERIALS TRADE (SHANGHAI) CO. LTD.

Incorporation: China
Business Address: 299Jiang Chang West Road, Haitan Building Level 11, Suite 49-50,
Zhabei District, Shanghai, China


WHEREASSELLER has agreed to sell to BUYER and BUYER has agreed to purchase from
SELLER, coal on the terms set out in this Contract and with mutual understanding that each party
will perform its obligations in accordance with the principles of trust and good faith.
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THEREFORE, in consideration of the undertakings of the Parties herein contained, SELLER and
BUYER agree as follows:


1. DEFINITIONS
ARB
As Received Basis;
ADB
Air Dried Basis;
NCV
Net Calorific Value -As Received Basis;
B/L
Bill of Lading;
POL
Port of Loading;
POD
Port of Discharge;
FOB
Free on Board Mother Vessel included trimming;

CIF
cost, insurance and freight free-out;
CNF
cost and freight free-out;
CP
Charter Party;
Dry Basis
coal dried at 105 degrees centigrade; 105
Wet Basis
coal in its natural wet state.
ETA
estimate time of arrival of vessel;
ETD
estimate time of departure of vessel;
ISO
International Standard Organization;
Laytime
time taken by the vessel to completely load the shipment;

Major
Indonesia
Holiday
two (2) days of IdulFitri, one (1) day of IdulAdha, Independence Day, Christmas
Day and New Year January 1
st
; 2

MT
metric ton(s) (Equal to 1,000 Kilogram for Calculation of coal Weight); (
1000)
PB
Performance Bond;
LC
Irrevocable, Non-Transferable Letter of Credit;
Suitable
Vessel
bulk coal cargo vessel with full grabs and gears, less than 25 years old and suitable
for anchorage loading in open sea from SELLERS loading devices (Barges);
25,

Stevedore person(s) who conducts the loading services (stevedoring) of the coal appointed
and hired by SELLER;
Time
Sheet
a document which records all daily particulars relating to the loading or discharging
of the coal as well as the duration of and reason for any stoppage of work and is
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used as a basis for the calculation of demurrage/despatch;

Weather
Working
Day
day of 24 consecutive hours on which work in loading coal on board a vessel may
be carried out without loss of time due to the weather;
24
Surveyor Surveyor (POL): PT. IOL INDONESIA (Inspectorate) / Geoservices;
PT. IOL INDONESIA (Inspectorate)/Geoservices;

Surveyor (POD): SGS/CIQ;
SGS CIQ

2. QUANTITY AND DELIVERY
2.1 The trial shipment shall be 60,000 MT (10%) and be delivered within 25 days (5 days)
after the LC is received at SELLER's bank. 60,000(10%) ,
25(5);
2.2

Upon successful trial shipment quality and delivery,SELLER shall sell and BUYER shall
purchase [660,000] MT (10%) of coal delivered by SELLER during the ContractDuration;
,
[660,000] (10%);
2.3 SELLER and BUYER have the option to increase the quantity of coal to a further
[660,000] MT (10%) during the ContractDuration and both parties shall at their best
effort reach a mutually agreed option quantity;
[660,000] (10%);
2.4 The proposed delivery plan under Annex A is subject to change based on mutual
agreement between BUYER and SELLER at least two (2) months before the scheduled
delivery date;A
2;

3. QUALITY

The coal sold under this Contract shall have the following specifications per ISO 18283
Standard:ISO 18283

Parameter

Test Method

Guaranteed

Rejection

Net Calorific Value (NAR)

ARB 5000 Kcal/kg <4800 Kcal/kg
Total Moisture ARB 23% max > 25%
Inherent Moisture ADB 10 - 14% -
Ash Content ADB 8% > 10%
Total Sulfur Content ADB 0.8% > 1%
Volatile Matter ADB 38% > 42%
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HGI ADB 45 - 50 Out of range
Fixed Carbon ADB By Difference -
Size 0-50mm > 90% Out of range



4. PRICE
4.1 The base price for the coal delivered under this Contract shall be USD 53.50(United
States Dollar: Fifty Three Dollars and Fifty centsOnly) per MT FOB for trial shipment
of 60,000MT (10%) only; FOB53.50
60,000(10%)
4.2 The base price for the coal delivered shall be based on NCV/NAR (ARB) of 5000 Kcal/kg;
and base price shall be adjusted in accordance with Article 5;
5000/5
4.3 The base price may be adjusted by the Parties to reflect the coal price fluctuations from
time to time and other factors. The base price is subject to revision every One (1) month
and to be mutually agreed by both Parties. Failure to agree on the base price will entitle
either party to terminate the agreement.
1.


5. PRICE ADJUSTMENT AND REJECTION
The following price adjustments based on quality determinations made in accordance with Article
3 herein shall apply to shipments of coal made hereunder:
3
5.1 In case the certified NCV (ARB) as determined by Surveyor (POL) is in excess of or
lower than 5000 Kcal/kg, the FOBT invoice base price shall be adjusted by applying the
following formula:5000/
FOBT

Adjusted FOBT Price= Base price (Actual NCV (ARB) / 5000 Kcal/kg)
FOBT = NCV/5000/

The adjusted FOBT price should stop at NCV (ARB) 5300 Kcal/kg and no more rewards.
5300Kcal/kg.

BUYER shall have the right of rejection if the NCV (ARB) as determined by Surveyor
(POL) is lower than 4800 Kcal/kg.4800
/
5.2 Total Moisture (TM) in excess of 23% as determined by Surveyor (POL) will be
deducted from the B/L weight for invoicing by applying the following formula;
23%

Invoice Quantity = Certified Gross Quantity [100% (Actual TM 23%)]
= [100% - ( - 23)]
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BUYER shall have the right of rejection if the TM (ARB) as determined by Surveyor (POL)
is in excess of 25%. 25%

5.3 In case the certified total Ash Content as determined by Surveyor (POL) exceeds the
maximum guaranteed value of 8%, the price per MT shall be reduced by USD 0.25per
MT for each 1% above the maximum guaranteed value, fraction pro rata;
8%1%
0.25

BUYER shall have the right of rejection if the total Ash Content as determined bySurveyor
(POL) exceeds 10%; 10%

5.4 In case the certified Total Sulphur (ADB) as determined by Surveyor (POL) exceeds the
maximum guaranteed value of 0.8%, the FOBT price shall be reduced by USD 0.25per
MT for each 0.1% in excess of 1.0% fraction pro rata;
)0.8%, 0.1FOBT0.25


BUYER shall have the right to reject the cargo if the Total Sulfur (ADB) as determined by
Surveyor (POL) exceeds 1%. 1%

5.5 There shall be no stone, coke and other non-coal ingredients in the Product. Otherwise,
BUYER has the full right to reject the Product and all losses incurred therein shall be
borne by SELLER.


6. QUALITY DETERMINATION
6.1 The quality of each shipment of coal shall be determined at the loading port by sampling
and analysis conducted by Surveyor (POL), agreed by both parties. All sampling of coal
shall be carried out according to ISO Standards;
ISO
6.2 Surveyor (POL) shall issue a Certificate of Quality to indicate the specifications of each
shipment of coal. Such certificate of analysis shall be final and binding. The cost for
quality determination at the loading port shall be for SELLER's account;



7. WEIGHT DETERMINATION
7.1 The weight for each shipment of coal shall be determined at the loading port by a survey
of the Vessels draft to be conducted by Surveyor (POL) together with Vessels Master of
Chief. The draft survey figures shall be the same as the weight on B/L;

;
7.2 The Certificate of Weight issued by Surveyor (POL) shall constitute the basis for
SELLERs invoice. Such certificate of weight shall be final and binding. The cost for
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weight determination at the loading port shall be for SELLER's account;

7.3 Surveyor (POL) shall issue a Certificate of Quality to indicate the specifications of each
shipment of coal. The cost for quality determination at the loading port shall be for
SELLER's account;


8. SAMPLING & ANALYSIS
8.1 SELLER shall ensure that the shipment of coal delivered is sampled and analyzed in
accordance with the coal specifications as set out in Article 3, at SELLER's cost, under
the grabs, as the coal is being loaded from barges onto mother vessel at the loading port;
3
;
8.2 BUYER is permitted to carry out its own analysis before loading at BUYERs own
expenses; ;
8.3 BUYER shall appoint Surveyor (POD) at BUYERs cost to conduct sampling and analysis
of the coal shipment during vessel discharging at discharge port. Surveyor (POD) shall
issue a Certificate of Quality at discharging port.

8.3.1 In case the NCV(ARB) difference between loading port and discharging port is
lower or equal to 70 kcal/kg, the loading port Certificate of Quality issued by
Surveyor (POL) shall be final.
)70/70/

8.3.2 In case the NCV (ARB) difference between POL and POD is higher than 70
kcal/kg, the average NCV (ARB) of the POLand PODshall be final.
)70/70
/)
8.4 BUYER or SELLER challenges the results of the Certificate of Analysis, within fifteen (15)
working days after being advised of the results of analysis BUYER or SELLER may
require that the Umpire Sample collected from that shipment of coal to which the
Certificate of Analysis relates be forthwith analyzed by an independent laboratory
mutually agreed by SELLER and BUYER. Such analysis to be undertaken in accordance
with the Analysis Standards and the results thereof to be recorded in a written certificate
(a "Certificate of Further Analysis") issued by an independent laboratory;
15

;
8.5 Both Parties agree that SGS will act as the Umpire. Sampling of coal shall be carried out
in accordance to ISO Standards; SGS;
ISO;
8.6 The cost of the analysis of the Umpire Sample shall be borne by the party requesting it;


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9. PAYMENT TERMS
9.1 Within 3 (three) working days after signing the contract, BUYER shall issue a draft
application LC for SELLERs approval; 3,
;
9.2 After receipt of the draft application, SELLER shall confirm the contents of the LC and
reply to BUYER within 2 (two) working days; ,
,;
9.3 Within Five (5) banking days after confirmation ofArticle 9.2, BUYER's Bank shall issue
an operative 100% LC to SELLER's Bank.59.2
100%;
9.4 SELLER shall spare its best endeavors to ensure that the shipment meets the elements
of quality listed in Article 3. If the analysis results, the certificate of quality determined by
SurveyorPOL doesnt conform to the quality specified in Article 3, BUYER has the
right to ask SELLER to substitute the cargo. If SELLER cannot supply the specified cargo
within the period required by BUYER, BUYER has the right to cancel the contract;
3
4

9.5 All bank charges of the issuing bank are for the account of BUYER. All bank charges
outside the issuing bank including reimbursement charges are for the account of
SELLER;
;
9.6
The Irrevocable LC shall contain the following terms and condition;
:

a)
The LC shall be opened by Prime Bank; ;
b)
LC shall allow for 10% more or less in value and quantity;
10%;
c)
LC for each shipment shall be valid for 60 days; 60
d)
LC at sight 100% Irrevocable;100%
e)
All banking charges outside opening bank shall be paid by SELLER;

f)
Trans-shipment is not ALLOWED; ;
g)
Partial shipment IS not ALLOWED;
h)
LC is subject to UCP (600) revision; UCP600
9.7 The said LC shall be payable to SELLER by the issuing bank for the amount of 100% of
the value of each shipment upon SELLERs presentation of the following documents:
100%:
i. Signed original commercial invoice in triplicate, issued by SELLER showing
Contract number, B/L number, description of goods, contract and actual quality
specifications, unit price, weight, and the calculations for price adjustment and total
amount;,,,,
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,,,();
ii. Full sets of clean on board 3 non-negotiable copiesBills of Lading made out To
Order and endorsed in blank by the Shipper, marked FREIGHT PAYABLE AS
PER CHARTER PARTY, notifying the BUYER;,,
,, .
iii. Certificate of Origin in 1 original + 2 copies issued by the relevant Indonesia
governmental authority.

iv.
Certificate of Quality 1 original + 2 copies, issued by Surveyor (Loading Port);
1 + 2
v.
Certificate of Weight 1 original + 2 copies, issued by Surveyor (Loading Port);
1 + 2
vi. Certificate of Draft Survey 1 original + 2 copies, issued by Surveyor (Loading Port);
1 + 2
vii. ASEAN CHINA FREE TRADE AREA PREFERENTIAL TARIFF CERTIFICATE OF
ORIGIN (FORM E) 2 original (page 1 and page 3), issued by the Indonesian
Chamber of Commerce or any other competent Government authority;
E2
13
viii. Letter from SELLER certifying that one set of non-negotiable shipping documents
have been sent to BUYER directly by express mail immediately after shipment;

;

ix.
Other documents as the L/C specifically require;

9.8

Any adjustment on final quality due to quality finding in the discharge port as per Article
8.3 shall be settled by way of telegraphic transfer within 20 days after receipt of the copy
of the Certificate of Quality issued by the Surveyor (Discharging Port).
8.320


10. SHIPPING & DELIVERY REQUIREMENTS
10.1 BUYER shall give a notice to SELLER containing the following information at least seven
(7) working days prior to the expected date of arrival at the loading port of a vessel
suitable for berthing and loading at the loading port at the agreed rate;
7


a)
Vessels expected date of arrival at the loading port;
b)
Quantity scheduled to be loaded;
10.2 Based on BUYER's advice of the vessel's arrival, SELLER shall, before such arrival,
complete necessary preparation including but not limited to sufficient coal quantity for the
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loading of the coal;
;
10.3 Cargo agent of the loading port will be appointed and the costs for retaining the agent be
borne by SELLER and the shipping agent of the loading port will also be appointed and
the costs for retaining the agent be borne by SELLER;

11. LOADING TERMS
11.1 BUYER or the vessels Master or Chief or through its loading port agent shall give a
Notice of Readiness (NOR) to load the vessel to SELLER after arrival at the loading
port on any day including Sundays and holidays except Major Indonesian Holidays,
providing that the vessel is in all respects available and ready to load;

11.2
Laytime Calculations

i) Laytime for loading shall commence within 12 hours after NOR is tendered or at
7:00 am on the next working day if the 12 hour period expires on a public holiday or
upon commencement of loading if it occurs sooner and shall be for a period of 7
days; 71212
7
;
ii)
Amount in day = total tonnage of the shipment agreed loading rate; =

iii) If at any time a vessel is prevented from entering the loading port because of the
vessels inefficiency, breakdown or other hindrances which constitute usual hazards
to the vessel, the NOR shall be deemed invalid. The NOR shall be re-tendered in
accordance with Article 11.1 only when inefficiency, breakdown or other hindrances
have ceased to exist;

11.1;
iv) The following stoppage and/or interruptions to loading shall not count as lay time or
demurrage; ;

The time taken for pilot on board whichever, until the vessel is all fast
alongside the designated anchorage and ready in all respects to load;
;

If loading is interrupted due to the vessel owners convenience in order to
conduct business on behalf of the owner (e.g. hold inspections, draught
surveys/draught checks);
;

Any time lost as a result of breakdown, inefficiency, repairs or any other
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inability of the vessel to load the coal;
;

Any time lost due to strike, stoppage of labor involving the master, officers or
crew of the vessel;;

In case that weather conditions occur which, in the opinion of either the port
authority or the master, make ship loading perilous, and that all loading
operations are suspended, then all such time lost shall not count as lay time;

v) Shifting time from anchorage (at the time the pilot is on-board) to the loading
anchorage shall not count towards laytime or if the vessel is already on demurrage,
it shall always be on demurrage;
;
vi) In the event of SELLERs failure to load full cargo on the arrival of the vessel at the
loading port, all losses incurred including dead freight, demurrage shall be for
SELLER's account. Demurrage payment is at USD 12,000 (United States Dollar:
Twelve Thousand Only) per day payable every 3 days in advance. In case that the
loading of the vessel is interrupted for more than 72 consecutive hours for reason of
cargo shortage and/or wanting of readiness of SELLER's
customs/port/governmental documentation formalities, BUYER has the right to
order the vessel to leave the port with the coal that has actually already been
loaded onto it.
312000/
///72

vii) In the event, if the vessel does not arrive at the loading port/anchorage which
stated in the Clause 11.1 (within the Laytime date), all the barges demurrage, port
demurrage and all other payment will be charged to BUYERS account;
11.1/

viii) All other terms regarding laytime or demurrage that are not expressly provided for
in this Contract shall be discussed and mutually agreed by both Parties;


12. TITLE & RISK
12.1 Title to and risk in the coal shall pass from SELLER to BUYER in accordance with the
FOB provisions of INCOTERMS 2013 (as amended from time to time).
2013 FOB


13. INSURANCE & TAXES
13.1
BUYER shall be responsible for the insurance.
13.2 All taxes and duties in connection with and in the performance of the Contract levied by
the China Government on BUYER in accordance with the tax laws of China shall be
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borne by BUYER.

13.3 All taxes and duties in connection with and in the performance of the Contract levied by
Indonesian Government on SELLER in accordance with the Tax Laws of the Republic of
Indonesia shall be borne by SELLER.


14. FORCE MAJEURE
14.1 No failure or delay by either Party hereto to perform its obligations hereunder wholly or in
part due to the occurrence of any event of the Force Majeure shall be deemed a breach
of this Contract. However, the Party so affected, shall be obligated to take the reasonable
measures to mitigate and reduce the impact so that the performance of its obligation may
be resumed as soon as possible;

14.2 The Force Majeure herein shall mean such events which are beyond the control of the
Party affected thereby, whose prior performance does not include any negligence and
shall include but not be limited to the following:


Acts of God, war (declared or undeclared); terrorism, civil war, civil disturbance,
riots, strikes, and order of court or administrative authority.

14.3 If any event of Force Majeure is likely to occur or is predicted, the Party to be affected
thereby shall immediately notify the other Party thereof in writing. On the occurrence of
any event of Force Majeure, the Party affected thereby shall immediately advise the other
Party thereof and confirm same within one (1) working day by a written notice describing
the situation of an event of Force Majeure in detail and the estimated period of duration.
The Party affected shall provide to the other Party evidentiary documents available
including relevant government documents within fifteen (15) working days after the
occurrence of Force Majeure;

15


15. BREACH OF CONTRACT
15.1 All parties to the Contract are committed to their contractual performances and
obligations. Where one party of the contract fails to honor its contractual performances
and obligations as stated within the ambit of this Contract, the other party shall have
unconditional and full legal rights to demand for all reasonable, foreseeable and within the
contemplation of the parties losses suffered (excluding economic loss) in whatsoever
manner, as a result of such non-performance or breach of contractual obligations, by way
of commencement of legal proceedings in court against the failing party.

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16. ARBITRATION
16.1 Any dispute arising out of or in connection with this contract, including any question
regarding its existence, validity or termination, shall be referred to and finally resolved by
arbitration in Singapore in accordance with the Arbitration Rules of Singapore
International Arbitration Centre (SIAC RULES) for the time being in force, which rules are
deemed to be incorporated by reference in this article.

SIAC
16.2 The arbitration shall be administered by SIAC in accordance with its practice rules and
regulations. The language to be used in the arbitral proceedings shall be English.

16.3 This contract shall be governed by and constructed in accordance with the English Laws
of Singapore.

17. DEMURRAGE AND DESPATCH MONEY
17.1 Lay time calculation will be made by SELLER based on the Statement of Facts duly
signed by both Parties including master of the Vessel, the Vessel agent, etc.;

;
17.2 The allowable laytime shall be calculated by dividing the actual loaded quantity by the
loading rate of 12,000 per MT per working day;
12000 ;
17.3 The guaranteed loading rate to be minimum 12000 MT PWWD SHINC basis geared
vessel with 4 x 25 MT cranes capacity and equipped with minimum 4 x 10CBM grabs
(excluding weather, break down cranes that affect the operation, major Indonesian
holidays). This rate will be applied for the calculation of demurrage or despatch;
12000PWWD SHINC 4x254x10

;
17.4 The allowable lay time shall be expressed to the fifth decimal place, with the sixth decimal
place being rounded up if five or greater and rounded down otherwise;

17.5 The demurrage money shall be paid by SELLER to BUYER for time lost after expiration
of allowable lay time at the rates in accordance to the Vessel Charter Party Agreement.
Despatch money shall be paid by BUYER to SELLER for lay time saved at the rates of
one-half (1/2) of the demurrage rates stated hereunder. Rates shall be paid pro rata for
partial days;

17.6 The said Demurrage or Despatch money shall be settled between the BUYER and
SELLER within thirty (30) days after the completion of loading of the Vessel subject to the
parties having reached agreement on the amount of such demurrage or despatch money
and shall not constitute any part of the payment as provided for in Articles 6 hereof;
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30


18. DEAD FREIGHT
18.1 SELLER shall undertake to load the contracted cargo on board the vessel within the
designated schedule of the shipment as stipulated in shipping schedule agreed and
confirmed by both parties. Any Dead Freight will be on SELLERs account, and BUYER
shall not be responsible for it.

18.2 If the vessel leaves unloaded or unloaded during the required laycan, BUYER and
SELLER should mutually discuss about the solution and arrange new laycan. If no
agreement reaches five days after the designated laycan for the shipment, BUYER has
the right to claim the Guarantee.

19. NOTICE
19.1 Unless mutually agreed to or specifically otherwise provided for, all notices to be given to
a Party shall be in writing and sent to the other Partys address specified below or to such
other address a Party may specify, and shall be deemed to be properly given (i) if
delivered by hand, upon receipt; (ii) if sent by registered mail (air mail, if international)
with postage prepaid, upon receipt; and (iii) if given by facsimile, telegram or telex, email,
on the day (which is a working day at the place of address) immediately following the date
on which the facsimile, telegram or telex, email is sent:

iii
iii


19.2
To BUYER

Company name
CHINA RAILWAY MATERIALS TRADE
(SHANGHAI) CO. LTD.

Address
299Jiang Chang West Road, Haitan Building Level
11, Suite 49-50, Zhabei District, Shanghai, China
Telephone number +86
Fax number +86
Email
Person in charge
19.3
To SELLER

Company name
PT JAYATAMA RATNASUMINAR ABADI
Address
MenaraImperium Lt.9 Suite A, Jl. HR.Rasuna Said
Kav.1 KuninganJak-Sel
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Telephone number +621 8370831; +6282350524789
Fax number +621 8370832
Email jrsoem@yahoo.com jayatamaJRA@gmail.com
Person in charge EDDY SOEMAEDI

To SELLERs AGENT (CHINA)

Company name DUNAMIS PRIME INVESTMENT LTD
Address
283 HuaiHai Road, Hong Kong Plaza, Suite 1804-
1805, Shanghai 200021, China
Telephone number +86 13916666373
Fax number +86 21 3310 0237
Email dunamisprime@me.com
Person in charge Dr David Lee



20. AMENDMENTS
20.1
Any amendments of this Contract shall be in the form of an addendum in writing in both
Chinese and English language and to be signed by both Parties and shall thereafter form
and become an integral of this Contract. If there is any dispute over the interpretation of
this contract due to language differences, the English version of this Agreement shall take
precedence. Chinese language used here is for reference only;
,
,

21. ENTIRE AGREEMENT
21.1 This Contract constitutes the entire agreement between BUYER and SELLER in relation
to the subject matter hereof and supersedes all prior negotiations, understandings and
agreements whether written or oral in relation to the Contract;

22. TERMINATION
22.1 The Contract shall be terminated upon the fulfillment of all the rights and obligations of
the Parties under the Contract, prior to which, the Contract may be terminated at any time
by the mutual written agreement of the Parties.

22.2
One Party may terminate this Contract through notice to the other Party in writing:

a) If the shipment in this contract cannot commence loading or deliver at the loading
port according to the designated schedule, BUYER has the right to terminate the
contract. In that situation, BUYER has the right to claim the PB and cancel the L/C;
or
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b) If the other Party materially breaches this Contract, and such breach is not cured
within the reasonable period granted by the non-defaulting Party; or

c) If the other Party becomes bankrupt, or is the subject of proceedings for liquidation
or dissolution, or ceases to carry on business or becomes unable to pay its debts
as they come due; or


23. BANK AND ACCOUNT DETAILS
23.1
LC BENEFICIARYsBank Information:

Bank Name
Account Name

Bank Address

Tel No.

Account No.

SWIFT Code

Bank Officers Name




23.2
BUYERs Bank Information:

Bank Name
Account Name

Bank Address

Tel No.

Account No.

SWIFT Code

Bank Officers Name




24. CONFIDENTIALITY
24.1 The Parties agree to keep all details of this transaction confidential. No disclosures will be
given to any outside parties, without written approval from the other party.








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EXECUTION PAGE


IN WITNESS WHEREOF, SELLER and BUYER, AGENT of BUYER, SELLER and SUPPLIER
have caused this Contract to be executed by their duly authorized representatives, as of this
CONTRACT DATE.

BUYER
CHINA RAILWAY MATERIALS TRADE
(SHANGHAI) CO. LTD.

SELLER

PT JAYATAMA RATNASUMINAR ABADI
















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EDDY SOEMAEDI
PRESIDENT DIRECTOR
FUNDER/LC BENEFICIARY/
(if different from SELLER )
















SELLERs CHINA AGENT

DUNAMIS PRIME INVESTMENT LTD






















DR DAVID LEE
MANAGING PARTNER








ANNEX A: PROPOSED DELIVERY PLAN
A :


No.

Month Year

Quantity (MT)

Option Quantity

Total

AUG 2014
Contract Signing Month
1. Sep 2014 60,000 60,000
2. Oct 2014 60,000 60,000 120,000
3. Nov 2014 60,000 60,000 120,000
4. Dec 2014 60,000 60,000 120,000
5. Jan 2015 60,000 60,000 120,000
6. Feb 2015 60,000 60,000 120,000
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7. Mar 2015 60,000 60,000 120,000
8. Apr 2014 60,000 60,000 120,000
9. May 2015 60,000 60,000 120,000
10. Jun 2015 60,000 60,000 120,000
11. Jul 2015 60,000 60,000 120,000
12. Aug 2015 60,000 60,000 120,000

TOTAL 720,000 660,000 1,380,000