1. Subject of the Contract, Quantity, Time and Basis of Delivery

The Sellers have sold and the Buyers have bought … thousand metric tons of 1,000 kg each, 5 per cent more or less at the contract price at the Buyers’ option of Soft Red Winter Wheat in bulk, on FOB terms US Gulf/ Atlantic ports not trimmed and not stowed with delivery within … 20… .

2. Quality of the Goods

Soft Red Winter Wheat having:

- test weight 76 kg minimum;

- protein/ on dry basis/ 11.0% minimum;

- moisture 14.5% maximum;

- foreign matters 2.0% minimum; … … … … … …

Each quality certificate is to specify all actual quality indices required under this contract. … … … … … … … … … …

A list of quarantine objects; poisonous and harmful substances; heavy metals; pesticides; radioactive fallout are specified in Annexes Nos. 2 and 3 which form an integral part of the present contract. … … … … … … … … … …

3. Delivery of the Goods

The goods to be considered as delivered at the end of elevator spout or when the grain passes the vessel’s rail and risk shall pass from the Sellers to the Buyers at the same time. Delivery of the goods to the Buyers’ tonnage in readiness to be loaded is effected by the Sellers. The date of the Bill of Lading shall be sufficient evidence of the date of delivery. Dates stated in the Bill of Lading are to be confirmed by the official weight certificate.

4. Price and Loading Areas

Price for grain is fixed per metric ton of 1000 kilos in US Dollars as follows:

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The price is understood for delivery at the end of the loading should or when goods passing oceangoing vessel’s rail.

5. Weighing

Weight of the grain shall be ascertained at discharge and is final as per data specified in General Statement drawn for each vessel at the port of discharge. Weighing of the goods at the port of discharge to be effected in accordance with the rules and customs of the ports. In case several shippers load grain without separation on the vessel surpluses and/ or shortages to be divided between shippers proportionally to the loaded weight. … … … … … … … … …

6. Release of Documents

The Buyers guarantee the release to the Sellers of three original Bills of Lading and three non-negotiable copies within three business days after completion of loading of each vessel at each port.

7. Notice of Loading

Notice of loading stating the name of the vessel, date of Bill(s) of Lading, port and elevator of loading, quantity and kind of grain and indicating part or total fulfillment shall be cabled or telexed by the Sellers or by the Shippers in the name of the Sellers within three business days from the date of loading.

8. Insurance

Marine risk insurance to be covered by the Buyers and confirmed to the Sellers upon their first request at least 5 days prior to loading.

9. Payment

Payment for each shipment of grain to be effected in US Dollars within 90 and/ or 120 days from Bill of Lading date against presentation to the Bank for Foreign Economic Affairs, Moscow, via the Sellers’ Bank of the originals of the following shipping documents in full order:

• invoice, in triplicate;

• full set of “clean on board” Bills of Lading issued to order of the Shippers and endorsed in blank;

• Quarantine certificate showing absence of quarantine objects and evidencing that content of radioactive fallout is within specified limits as per Annexes Nos. 2,3;

• Certificate of Quality, issued by first class independent competent and recognized controlling surveyor showing all actual data of the contract;

• … … … … … … … … … … … … … … … … … … …

• Fumigation Certificate;

• … … … … … … … … … … … … … … … … … … …

The collection order should be presented to the Bank for Foreign Economic Affairs, Moscow, in triplicate.

The Sellers’ invoices shall be paid in full.

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Promissory notes are domiciled at ... (bank).

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