SALES AGREEMENT NUMBER: RB3/JAMO/MT/00001Sales Agreement • March 29th, 2022
Contract Type FiledMarch 29th, 2022PRODUCT: COAL – RB3/ 6000/5800kcal Washed QUANTITY: 150 000 Metric Tons per Month to be increased to 300 000 Metric Tons over a period of 3 months PRICE: API4 LESS 18% per ton FOB Richardsbay Port DURATION: 60 Months Contract with rollover and extension to 60 months PAYMENT TERMS: i. Commercial Invoice signed and stamped; 3 Originals and 3 copies based on Certificate of Quality and Certificate of Quantity / Weight issued by the independent surveyor; Intertek.ii. Packing List in 3 originals and 3 copies.iii. Full set of clean on-board Bills of Lading (3 originals and 3 copies).iv. Certificate of Quality issued at the port.v. Certificate of Quantity / Weight issued at the mine in 3 original and 3 copies.vi. Sellers certified copy of telex/fax or email sent to the buyer confirming shipment details.vii. The Seller has the right to rely upon the Certificate of Quality and Quantity / Weight issued by the independent surveyor, Intertek or SGS.viii.All amounts due under this Agreement from the