SPECIFICATION (Option A)

• PRODUCT: Refined Gold.
• FORMAT: In bullions of 1 kg and 12,5 kg.
• ORIGIN: International.
• BRANDS: Unicore, Royal Mint, Baird & Co., Metalor, UBS Valcampi, Heraeus,
• Johnson-Matthey, Degussa, Credit Suisse, Commerzbank, Rand Refinery,
• Mitsubishi, Emirates and others.
• PURITY: 99.99 % and better Finesse.
• QUALITY: 24 carats GLD.
• QUANTITY: 800 kg. first delivery within 15 working days after the guarantee has been officially accepted. 4,000 kg. per week after first delivery.
• PERIOD: 50 weeks.
• TOTAL: 200,800 kg.
• OPERATION: Private-To-Private-Off-Market.
• DISCOUNT: Gross 12%, net 9,0%, 1,5% Seller·s side (closed) 1, 5% Buyer ·s side
• DELIVERY: CIF city of Dubai, UAE.
• ASSAY REPORT: Over 5 years or less than 5 years.
• SURANCE: Lloyd ·s of London or similar company, for full LBMA value.
• TYPE OF DEAL: Private-to-Private-Off-Market.
• GUARANTEE: Block Fund MT760 for the amount of 1 month delivery, i.e., 20,000kg.
• PAYMENT: Bank to bank transfer of cash funds via MT1 03.
• VALIDITY: 7 calendar days, unless previously sold.

PROCEDURES (Option A)

• Seller and Buyer sign this Agreement
• Buyer and Seller lodge the signed Agreement along with NCNDA and IMFPA with their respective Banks.
• Within 24 hours signing the Agreement Buyer’s Bank sends to Seller’s Bank on the amount (Proof of fund) via Swift MT199 to purchase for the first trial tranche of 1MT AU out of total 30MT (Thirty metric tons).
• Within Three (3) banking days, upon positive verification and acceptance of Buyer’s POF, Seller’s Bank Officer shall present the copy of the SKR/POP of the 30MT as Proof of Product to Buyer’s Bank Officer.
• On the next banking day, Seller shall invite Buyer for the physical inspection of the AU Metal at the Seller’s Storage/ Vault in Dubai, and Seller shall also provide the original SKR for 30MT of AU with related documentation to the Buyer. The Buyer then shall sign for acknowledgement of the said SKR and the documentation.
• Seller also accepts Buyer’s request to deliver the said commodity to one of the two LBMA approved refineries to assay and certify the commodity as a standard payment procedure, all expenses incurred will be for Buyer’s account for which the Buyer must sign a side contract with the said refinery or include in the Agreement. The total inspection time shall be agreed between Buyer and Seller.
• After assaying, Seller and Buyer have a meeting in the Seller’s Bank or Buyer’s Bank for concluding the Transaction. Buyer shall release the full payment for the 1MT AU, into the Seller’s Account. Seller shall transfer the Ownership of the 1MT AU Metal and all related documentation to the Buyer.
• After assaying, Seller and Buyer have a meeting in the Seller’s Warehouse/Legal Office or Buyer’s Bank for concluding the Transaction. Buyer shall release the full payment via MT103 or TT for the Au of THE FIRST 1MT, into the Seller’s Account.
• Provided the Buyer is satisfied with the assay results of the First 1MT, the purchase of the remaining quantity of the 29 MT can be completed without further assaying and within Five (5) banking days. Buyer bank will unblock the funds immediately after completing the purchase of the total quantity of 30 MT, even if this is less than the thirty (30) banking day period.  Or the Cahier’s Order is returned back to the Buyer if no further R&E agreed between Seller and Buyer.
• Thereafter, any Rolls and Extensions to be agreed between Seller and Buyer.

SPECIFICATION (Option B)

• COMMODITY: Gold Bars (AU Metal)
• FORM: 1kg or 12.5Kg bar (GLD standard specification.)
• Origin: Multinational
• PURITY: ineness 99.95% better
• QUANTITY: 9,500 Metric Tons (9,500,000kg)
• TRANCHE: 200Metric Tons (200,000kg)
• HALLMARK: Internationally Recognized Hallmark
• DEL:IVERY: Transfer of ownership against payment(by agreement)
• LOCATION: UBS bank, in Switzerland, Zurich
• INSPECTION: Buyer-specified refinery, in Switzerland
• CURENCY: EURO or USD
• PAYMENT: Bank to Bank T /T.
• SELLING PRICE: Close price of the previous day of London Gold Market
• DISCOUNT:
  Gross: Twelve percent (12%).
  Net : Nine percent (9%)
• ARRANGER & CONSULTANT FEE:
  Total three percent (3%)
  One point five percent (1.5%) to the Seller’s side.(Close).
  One point five percent (1.5%) to the Buyer’s side.(Open).

PROCEDURES (Option B)

• The “Seller” deliver to Buyer a signed Full Corporate Offer to Sell (FCO) (this document);
• The Buyer responds to the Seller with a legally binding, “Irrevocable Corporate Purchase Order (LOI + CIS) to purchase the Au Metal, also       confirming that the Buyer is Ready Willing & Financially Able (RWA) to initiate and complete the transaction.
• The Buyer pays administration fee $ 1,000,000 to Buyer Account
• The Seller sends the Buyer its SPA signed electronically and the Buyer returns the electronically signed documentation.
• The Seller’s Bank sends conformation letter and invitation letter.
• The Seller and the Buyer have to meet in Indonesia before TTM in Switzerland. And Both side full discuss for this transaction.
• The Seller sends these Contracts to his depositary Bank in the Switzerland, so that he prepares the relevant documentation with full banking     responsibility in the TTM in Zurich, Switzerland, and the Bank will send the invitations both to the buyer and to the Seller and its executive teams.
• Buyer and his Executive Team will accept and commit to attending TTM in Seller’s Bank.
• These documents (SPA, NCNDA & IMPFA) will be updated, signed in wet ink and legalized before a Notary Public during the development of the      TTM in Zurich, Switzerland. (Standard International Bullion Bank Procedure)