IRREVOCABLE MASTER  FEE PAYMENT AGREEMENT

Date:                                       xxxxxxxxxxxxx

Transaction Code:              xxxxxxxxxxxxxxxxxxxxxxxxxxx

Transaction:                         For Sales And Purchase Of  xxxxxxxxxxxxxxxxx

Reference :                                xxxxxxxxxxxxxxxxxxxx

Product Selling Price:             USD xxxxx / MT CIF ASWP

                                            xxxxMT X 12 MONTHS

Contract Amount:                     USD xxxxxxxxxx PER YEAR

Invoice Price:                                  USD xxxxxx PER MONTH

Commission:                       USD xxxxxx per MT paid by the Seller Pay Master

The undersigned (Seller’s Agent/Attotney/Paymaster) does hereby guarantee with full corporate responsibility and authority under penalty of perjury to provide indemnity pay protection of USD xxxxx per MT to the party hereto on transaction as mentioned above, of each and every metric ton of the transaction described above including all rolls and extensions thereof payable to the beneficiaries named herein, without protest or deal, such payment shall be paid by banker’s cheque or wire transferred less any bank charges for the said expense and free of all local and national taxes and liens to the extent legally permissible when either one of event occurred, whichever earlier.

1              Upon loading of/discharge of/transfer of  xxxxxxxxxxxxxxxxxxxxxx each load/tranche delivered and payment completed from buyer’s bank to seller’s bank account or vise a vise

2               Upon payment being made to seller’s bank account/buyer’s bank account on full settlement of contract value.

This payment order is irrevocable, unchangeable, unconditional, divisible and transferable. This instruction is valid for all rollovers, extensions, renewals or additions to the above referenced transaction, and any new contracts or transactions between buyer and seller, for a period of five (xxx) years. Bank will be instructed to wire transfer accrued sums for each transaction immediately to the bank account nominated here or otherwise provided by the beneficiaries. In the event that a death occurs of any intermediary, consultant, and/or individual being compensated on this agreement that proceed will be designated to their beneficiaries.

Reproductions of this executed original (with reproduced signatures, such as by fax or e-mail) shall be deemed to be the original of this Irrevocable Payment Instructions

BENEFICIARIES:

Name:

           USD xxxxxx per MT to:  xxxxxxxxxxxxx

              Per Month value : USD xxxxxx

              Per Annum value : USD xxxxx

              Account Name:   xxxxxxxxxxxxxx    

                  Passport Noxxxxxxxxxxxxxxx                                 

                  Bank Name:   xxxxxxxxxxxxxxxx        

Bank Address: xxxxxxxxxxxxxxxxxxx      

Bank Tel No:   xxxxxxxxxxxxxxxxxxxxxxx

Bank Fax No :  xxxxxxxxxxxxxxxxxxxxxxxxx                          

                  ABA and Account #:   xxxxxxxxxxxxxxx        

              CHIPS UID :                            

              SWIFT Code:   xxxxxxxxxxxxxxxxx     

 Pay Master’s Banking Details:

               1. NAME:   xxxxxxxxxxxxxxxxxxxxxx

                    Account Name:  xxxxxxxxxxxxxxxxxx                

                  Passport No:                                                              

                  Bank Name:   xxxxxxxxxxxxxxxxxxxxxxxx          

Bank Address:  xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Current Account # : xxxxxxxxxxxxxxxxxxxxxxxxxx

Current Account #:  0xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx   

              CHIPS UID :                               

              SWIFT Code:   xxxxxxxxxxxxxxxxxx                  

              Corresponding Bank:             

              SWIFT Code:

All disclosed banking information shall be strictly confidential. No communication between banking officers, other than transmission by swift wire transfer and any other transmission specifically authorized by the beneficiaries, is permitted. All communication shall clearly reference the transaction code, the seller’s code and the buyer’s code referred to herein.

AGREED AND ACCEPTED BY  PAY MASTER               

XXXXXXXXXXXXXXXXX

XXXXXXXXXXXXXXXX

Signature and Seal of the Pay Master  

_____________________________

Name :  XXXXXXXXXXXXXXXXX

Title:      XXXXXXXXXXXXX

Date:     XXXXXXXXXXXX