1. Commodity:   Indonesian Steam Coal
2. Quantity:   50,000mt +/-10%      
3. Laycan:   two shipments in OCT /NOV laycan to be mutually agreed
4. Loadport:  Indonesia   
5. Specifications:  see attached COA 
                                                               
The above specifications are the typical specifications as contractually agreed.  Nevertheless, the negotiating bank may accept any specifications mentioned on the certificate of sampling and analysis issued by Independent Surveyor at load port provided that the actual specifications stated are within the confines of specifications listed under rejection.
 
6. Indicative Price: USD xxx/mt FOB MV Indonesia basis GAR 4200kcal/kg nar
    
7. Payment:  by 100% irrevocable fully workable LC at sight opened by a 1st class bank agreeable by the Seller that must be opened 10 days prior to commencement of respective load port laycan.

8. Quality and Quantity : Seller shall appoint mutually agreed Independent Surveyor at the load port for determination of Quality and Quantity. The quality at the loading port as determined shall be final and binding on both the buyer and the seller. The quantity as per the BL quantity at the loading port shall be final and binding for both buyer and the seller.
 
9. Others:  other terms and conditions to be mutually agreed and refer to our previous contract version