AT COMPANY LETTER HEAD.

PRICE /TERMS OF SUPPLY OF HDPE VIRGIN THROUGH SELLER MANDAT MR RASHID AHMAD SHEIKH-122 Khiaban-2 Imran Road Faisalabad, Pakistan Phone 92-324-7756090 Email :

TO: BUYER MANDATE: GRID TRADING FZE AJMAN UAE.

Dear Sir,

We are pleased to offer HDPE Granules of below given specifications at a Price of US$------CIFC 2% Dubai for first contract of 1000 M/Ton

Total Invoice Value. US$

Cost of Goods Value US$

Cost of Services @% US$

Grade PE100 HDPE Black Pipe for Water Supply
Physical Property / Typical Value* (Required) / Unit / Test Method
Density / (Base resin) / 949 / kg/m3 / ISO 1183/ISO 1872-2B
Density / (Compound) / 959 / kg/m3 / ISO 1183/ISO 1872-2B
Melt Flow Rate / (190°C/2.16 kg) / <0.1 / g/10 min / ISO 1133
Melt Flow Rate / (190°C/5.0 kg) / 0.25 / g/10 min / ISO 1133
Tensile Stress at Yield / (50 mm/min) / 25 / MPa / ISO 527-2
Tensile Strain at Break / >600 / % / ISO 527-2
Charpy Impact, notched / (0°C) / 16 / kJ/m2 / ISO 179/1eA
Hardness, Shore D / 60 / - / ISO 868
Carbon Black content / >2 / % / ASTM D 1603
Brittleness Temperature / <-70 / °C / ASTM D 746
ESCR / (10% Igepal), F50 / >10000 / h / ASTM D 1693-A
Thermal Stability / (210°C) / >15 / min / EN 728
Tensile Modus / (1 mm/min) / 1100 / MPa / ISO 527-2
Carbon Black Dispersion / <3 / ISO 18553
Resistance to Rapid Crack Propagation, S4 Test / (Pc at 0°C, test pipe 250mm SDR 11) / >10 / bar / ISO 13477
Resistance to Slow Crack / (9.2 bar, 80°C) / >1000 / h / ISO 13479

BRAND:

PAYMENT TERM: THROUGH LETTER OF CREDIT AT SIGHT OF ANY UAE

BANK.

LOADING PORT:

DELIVERY TIME: WITHIN 2 WEEKS AFTER RECEIVING THE LETTER OF CREDIT AT SIGHT.

DESTINATION PORT: ANY PORT OF UAE

INSURANCE: BY SELLER.

VALIDITY DATE: 10 DAYS

PACKING:25KG/BAG, 25MT40'FCL

ORIGIN OF COUNTRY:

SHIPMENT TERMS: Partial Shipment Allowed.

INSPECTION: Any Accredited Inspection Agency in China.

FORCE MAJEURE:

EITHER PARTY SHALL NOT BE HELD RESPONSIBLE FOR FAILURE OR DELAY TO PERFORM ALL OR ANY PART OF THIS AGREEMENT DUE TO FLOOD, FIRE, EARTHQUAKE, DRAUGHT, WAR OR ANY OTHER EVENTS WHICH COULD NOT BE PREDICTED, CONTROLLED, AVOIDED OR OVERCOME BY THE RELATIVE PARTY. HOWEVER, THE PARTY AFFECTED BY THE EVENT OF FORCE MAJEURE SHALL INFORM THE OTHER PARTY OF ITS OCCURRENCE IN WRITING AS SOON AS POSSIBLE AND THEREAFTER SEND A CERTIFICATE OF THE EVENT ISSUED BY THE RELEVANT AUTHORITIES TO THE OTHER PARTY WITHIN 15 DAYS AFTER ITS OCCURRENCE.

CLAIMS:

WITHIN 30 DAYS AFTER THE ARRIVAL OF THE GOODS AT THE DESTINATION, SHOULD THE QUALITY OR QUANTITY BE FOUND NOT IN CONFORMITY WITH

THE CONTRACT EXCEPT THOSE CLAIMS FOR WHICH THE INSURANCE COMPANY OR THE OWNERS OF THE VESSEL ARE LIABLE, THE BUYERS SHALL, HAS THE RIGHT ON THE STRENGTH OF THE INSPECTION CERTIFICATE ISSUED BY THE FORMAL INSPECTION ORGANIZATION AND THE RELATIVE DOCUMENTS TO CLAIM FOR COMPENSATION TO THE SELLERS.

ARBITRATION:

ALL DISPUTES IN CONNECTION WITH THE EXECUTION OF THIS CONTRACT SHALL BE SETTLED FRIENDLY THROUGH NEGOTIATION. IN CASE NO SETTLEMENT CAN BE REACHED, THE CASE THEN MAY BE SUBMITTED FOR ARBITRATION TO THE ARBITRATION COMMISSION TO BE APPOINTED WITH MUTUAL UNDERSTANDING OF THE BOTH BUYER/SELLER ACCORDANCE WITH IN THE PROVISION OF RULES OF PROCEDURE PROMULGATED BY THE INTERNATIONAL CHAMBER OF COMMERCE . THE ARBITRATION COMMITTEE SHALL BE FINAL AND BINDING UPON BOTH PARTIES. AND THE ARBITRATION FEE SHALL BE BORNE BY THE LOSING PARTIES.

BENEFICIERIES & THEIR BANKS.

BENEFICIARY-1: (COST OF GOODS SOLD)

NAME

ADDRESS:

TEL:

BANK: BANK

BENEFICIARY: (2) COST OF SERVICES. PAYABLE TO:Rasheed Ahmad Sheikh AMOUNT: US$25,600 ADDRESS: P-122 Khiaban-2 Imran Road,Faisalabad. Account : Rasheed Ahmad Sheikh Bank Al-Habib Limited Susan Road Madina Town, Faisalabad Branch ,Pakistan IBAN PK 08 BAHL 0063-0081-0034 0501

NOTE: THE BUYER’S BANK WILL ISSUE LC IN FAVOUR OF BENEFICIERY NO 1 FOR AN AMOUNT OF US$ ------. THE RECEIVING BANK WILL PAY TO THE AMOUNT TO BENEFICIRY NO 1& 2 TO BY TRANSFER TO THEIR ACCOUNTS AS NOTED ABOVE ON THE ENCASHMENT OF LETTER OF CREDIT.

CONFIRMATION OF ORDER:

THE BUYER WILL CONFIRM THE ORDER ON THE APPROVAL OF THE SAMPLES SENT AT BUYER’S ADDRESS VIDE DHL OR ANY OTHER COURIER.

SELLERS UNDERTAKING: The Seller hereby undertakes not to deal with buyer direct for this order or any further orders. The Seller will be entitled to receive 2% Commission on all sales to the Buyer Company/End Buyer who will open Letter of Credit as per DLC Draft approved by the Seller./Seller’s Mandate Mr Rashid Ahmad Sheikh

The Seller will provide the proof of its capability to produce the goods as per given specification as manufacturer / re-Seller and provide its credibility report as manufacturer or Manufacturers ‘s reseller .

The Seller will have no objection if the issuing banks seeks reference about the seller performance of order of supply. From receiving bank

REFERENCE NO RAS/GT/QBSIEL 001 dated 1-9-2015

THE INTERMEDIARY.(Seller Mandate) THE SELLER

SIGNATURE SEAL

BUYERS ACCEPTANCE:

BUYER COMPANY:

ADDRESS:

ACCEPTING PERSON NAME;

PASSPORT NO

SIGNATURE.

COMPANY SEAL

1 /