(1) Seller’s Representative issues ICPO and Authorization for Soft Probe.

(2) Buyer signs/seals SCO.

(3) Seller issues Draft Contract.

(4) Buyer signs/seals Draft Contract and sends it back to Seller.

(5) Seller signs/seals and sends the Final Contract to Buyer.

(6) Within 5 banking days, Buyer opens a non-operative 100% Irrevocable Confirmed Unconditional Transferable or Non Transferable SBLC (MT 760).

Auto Revolving Basis for 12 Months or more on Yearly Contract.

(7) Within 5 banking days Seller provides Proof of Product to the buyer (bank to bank) and issues 2% Performance Bond. SBLC becomes Operative.

(8) Delivery begins as per agreed delivery schedule.