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BRAZIL45SUGARPROCEDURE:
1.BUYERISSUESLOITOSELLER
2.SELLERISSUESFCOTOBUYER
3.BUYERISSUESICPOTOSELLER
4.SELLERELECTRONICALLYSENDSADRAFT-ONLYSALESANDPURCHASEAGREEMENT(SPA)TOBUYERFORAPPROVALANDDIGITALSIGNATURE.
5.BUYERPROPOSESANYNECESSARYAMENDMENTSORAPPROVES.
6.SELLERREVIEWSANDAPPROVESTHESPAACCORDINGLYANDBOOTHBYERANDSELLERSIGNSTHESPA.
7.SELLERELECTRONICALLYSENDSADRAFT-ONLYPROFORMAINVOICETOBUYERFORAPPROVALANDDIGITALSIGNATURE.
8.AFTERSELLER ́SBANKRECEIVINGPROOFOFFUNDS(BLCORRWA)ANDDRAFTOFTHEPAYMENTINSTRUMENTDLCIRREVOCABLE,NONDIVISIBLE,NONTRANSFERABLEANDBOTHAREAPRROVEDBYSELLERBANK,SELLERINVITE ́SBUYERTOPERFORMANON-SITEINSPECTIONOFTHEPRODUCT.THEOFFICIALPROOFOFTHEPRODUCT(POP)WILLBEISSUEDANDDIRECTEDTOTHECOORDINATESOFTHEBUYER'SBANK.
5(FIVE)WORKINGDAYSAFTERPROOFOFPRODUCT(POP),BUYERWILLCOMMANDHISBANKTOISSUETHEDLCIRREVOCABLE,NONDIVISIBLE,NONTRANSFERABLEANDOPERATIVEISSUEDORCONFIRMEDBYATOP50BANK.
7(SEVEN)WORKING/BANKINGDAYSAFTERSELLER'SBANKCONFIRMSTHERECEIPTOFTHEPAYMENTINSTRUMENTINTHECONDITIONSAGREEDHEREIN,SELLERWILLARRANGEFORTHEPERFORMANCEBOND(PB)TOBEISSUEDINFAVOROFTHEBUYER,INTHEAMOUNTOF2%(TWOPERCENT)OFASHIPMENT'SVALUE.PBMAYBEDIRECTEDBYSELLER'SBANKTOBUYER'SBANKINGCOORDINATES.
PROCEDURES(LOADING,SHIPPING,SGSANDPHYTOSANITARYINSPECTIONS,ANDTHELIKE),OFTHE"PRODUCT"ASDEFINEDINTHISPRESENTSPA,WILLCOMMENCE.
12.SHIPMENTSWILLCOMMENCEACCORDINGTOINSTRUCTIONSTRANSMITTEDBYSHIPPINGCOMPANYANDSHAREDBYSELLERTOBUYER'SREPRESENTATIVE.