Enerjik's Sale and Purchase Procedure (ESPPS) for Producer, Supplier and Seller

Enerjik's Sale and Purchase Procedure (ESPPS) for Seller

1. Enerjik submits the Enerjik's Buyer Application Form (EBAF) to the Seller or / and his Representative, (Enerjik is able to sign a Enerjik's Non-Circumvention Non-Disclosure Agreement (ENCNDA) with the Seller or / and his Representative),
2. Seller or / and his Representative submits the Supply Offer Details (SODS) for Seller to Enerjik,
3. Enerjik submits a valid and completed Enerjik's Letter of Intent (ELOIB) for Buyer or Enerjik's Irrevocable Corporate Purchase Order (EICPOB) for Buyer to the Seller or / and his Representative, if agreed with SOD or negotiate with Seller, until both parties agreed,
4. Seller or / and his Representative issues the Full Corporate Offer (FCO) or / and Draft Contract (DC) to Enerjik along with Past Performance Documents recently dated,
5. Enerjik accepts and agrees the terms and conditions of the FCO or / and DC by Signature and Company Stamp and sends it to Seller or / and his Representative (or amends and sends it to the Seller or / and his Representative, until both parties agreed),
6. Signed FCO or / and DC sent via fax or e-mail that will be deemed as original and valid,
7. Hard copies of the Contract to be issued by the Seller and exchanged with Enerjik,
8. Enerjik signs and stamps all the copies of the Contract and returns required copies to the Seller,
9. Enerjik's Bank provides Proof of Funds (POF) to the Seller's Bank per SWIFT,
10. Seller's Bank provides the Proof of Product (POP) to the Enerjik's Bank per SWIFT,
11. Enerjik presents pre-advised payment instrument to be approved by Seller's Bank,
12. Seller's Bank issues 2% Performance Bond (PB) to activate the approved payment instrument,
13. Delivery and shipment commence as per Contract.

Confirmed ESPPS is valid until completion of related ongoing Sale and Purchase Contract(s) or until written confirmation of cancellation of both parties !

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