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SALES CONTRACT

NO: 01/VM-BI/2008
DATE: 10/10/2008
THE SELLER VIMA STARCH CO.,LTD
Factory Add Tan Hiep village, Tan Chau district, Tay Ninh province,
VietNam
Head office add 349M Lac Long Quan str, Dist 11, Ho Chi Minh city, Vietnam
Tel 0084-8-8600192 Fax: 0084-8-8600193
Represented by MR VU VAN THIEU _ Director
THE BUYER BHAVI INTERNATIONAL LTD
Add 209, MEWAD, PATANWALA INDL.ESTATE, L.B.S.ROAD
GHATKOPAR
(WEST) MUMBAI – 400086, INDIA
Tel 0091-22 25000429 Fax: 0091-22 25005008
Represented by MR UMESH M.SHAH – Managing Director

The undersigned seller and buyer have agreed to close the following transactions
according to the terms and conditions stipulated below:
1. Commodity Tapioca Starch
2. Brand NEUTRAL NO BRAND
3. Specification
- Starch content(AOAC 945.37): 85% min - Moisture(AOAC 925.10 13% max
- Ash(AOAC 941.12(C)) 0.2% max - PH 1% Solution(AOAC:943.02) 5-7
- SO2 (<or=): 30ppm max. – Viscosity(Type Brabender) 700BU
min
-Whiteness(6% solution)(MINOLTA) 90% min - Pulp: 0.2% max
4. Quantity 760bags x 50kg/bag= 38 Mts
( The seller should return 10% more or less at the seller’s option at contract, if the
quantity is more or less than required the total payment)
5. Unit price USD 340/MT, CIF ALEXANDRIA
6. Total value USD 12,920.00 (Says: US dollars Twelve thousand nine
hundred and
twenty only)
7. Packing in H.D & P.P bags, each bag weighed 50kgs.(ABSOLUTELY
NEUTRAL
8. Time of shipment within October,2008
9. Loading port Hochiminh City port, Vietnam
10. Destination port Alexandria port, Egypt
11. Term of payment Irrevocable L/C at sight
Account number 200 011892 Sai Gon Thuong Tin Commercial joint- Stock
bank
Add 266-268 Nam Ky Khoi Nghia, Dist 3, Ho Chi Minh city,
Vietnam
Tel 0084-8-9320420 _ 0084-8-9320406
SWIFT CODE SGTTVNX CHIPS UID 364442
12. Other terms
Documents required:
- Signed commercial invoice 3 copies - Full set of clean on board Bill of
lading
- Packing list in 3 copies - Certificate of non-wooden
packing
- Certificate of 01 origin Form B and 2 copies - Phytosanitary Cert in 2 copies
- Certificate of Quantity, Weight and SWITCH B/L IN MUMBAI OPTION
Quality issued by VINACONTROL REQUIRED
ALL CERTIFICATE SHOULD BE IN THE NAME OF BHAVI INTERNATIONAL LIMITED
12. General condition: both parts undertake to carry out strictly all terms and
conditions of this contract, any disputes arisen (if any) cannot be settled with amicable
negotiation will be final decision.
This contract is subject to Incoterms 2000, made into copies in English each part
keeps 01 having equal, validity and coming into effect from the signing date to
30/11/2008.

THE SELLERS THE BUYERS

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