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Fco - Draft - 08-2024 2

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0% found this document useful (0 votes)
120 views3 pages

Fco - Draft - 08-2024 2

Uploaded by

kayzcompany
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Ref. No.

: FCO 08/2024

FULL CORPORATE OFFER AND CONTRACT

ATTN: Krawiec Bolesław Jarosław


Date:05-08-2024

Dear Sir/Madam,

We, Ikuna Abdul Nassir warrant under full corporate responsibility and under penalty of
perjury that we have the legal power, are ready, willing and able to supply the precious Au
metal as described below, and we further attest that the GOLD is clear, clean, of non-criminal
origin and free of any lines and encumbrances by anyone or any institution.

PRODUCT SPECIFICATION
a) Commodity: Gold
b) Physical Form: Gold Nuggets
c) Purity & Fitness 23 carats, 97.5%+
d) Product Origin: KAMPALA - UGANDA
e) Contract Duration: One (1) year.
f) Quantity: 500 Kilograms x 12 months
g) Price per kg: USD 52 000 USD after smelting and refining.
h) Destination: Poland Warsaw - Airport Okęcie
i) Packing: Packed in metal boxes suitable for Airfreight
j) Commissions The broker's commission on the buyer's side is $3,000,
payable after each delivery made under the terms and conditions as set forth herein.

PROCEDURE

a) The Seller shall issue to the Buyer a Full Corporate Offer and Contract, an Invoice, an
offer of the quantity and price of the Gold.

b) The Seller shall send a signed copy of the Full Corporate Offer to the Buyer; the Buyer
shall thereafter sign the Full Corporate Offer and return it to the Seller.

c) The final testing of the goods shall be at the Buyer’s chosen refinery at the final
destination.

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d) The Seller will show the Buyer the consignment of the goods to be delivered to the
final destination.
e) The Seller will travel to the Buyer’s representative for the first transaction/consignment
to the Buyer’s destination and to witness the Final Assay of the goods and the
generation of a Final Assay Report at Buyer’s nominated refinery.

f) The Seller will supply and make the shipment to the Buyer’s destination port and
organize all documents for the Buyer.

g) Payment for the delivered gold will be made up to 72 hours after the test of the
delivered gold at the buyer's refinery.

h) Ownership of the gold will be transferred to the buyer upon delivery of bank
confirmation of transfer of the full value of the delivery to the seller's account, in an
amount equal to the value of the delivered gold.

MONTHLY SHIPMENT

a) The mutually agreed upon quantity for sale to the Buyer under the terms of this Full
Corporate Offer (FCO) remains open.

b) After the first transaction of, both the Buyer and the Seller shall negotiate and agree
on a monthly delivery or rolls and extensions for such duration and intervals to be
agreed to by the Parties hereto.

c) The goods to be shipped under shall take on the form of Gold Bars. (Hereinafter
referred to as the “Product”).

DELIVERY

a) The Seller undertakes to deliver the Product to the Buyer’s designated port.

b) Each and every delivery shall be accompanied by a full set of documents, normal to
the London Bullion Market Association and copies will be faxed simultaneously to the
End Buyer before shipment.

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c) The parties hereto declare that they have read, have fully understood, and have
accepted the terms and provisions of their Agreement and that the complete
Agreement is fully legal under the respective laws of each party’s jurisdiction, and
confirm their Agreement through their signatures which bear witness below;

BUYER: SELLER:

Authorized Signature: Authorized Signature:

Date: Date 05 AUG 2024

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