Contract No.

:
Page 1 of 13 Seller Initial Buyer Initial
+
SALES AND PURCHASE CONTRACT OF
INDONESIAN STEAM COAL

Contract No. :
This Sale & Purchase Contract of INDONESIN STE! CO" is #a$e on %
th


u g u s t
&'13: &'13 ( % :
BET)EEN
Shen*hen Century sia Pro+erty In,est#ent Co.-"t$

Address: 6011 Neo A 41B
ND
NINGBO ECONOMIC & TECHNICAL DEVELOPMENT ZONE UNITED RESOURCE
TRADING CO.,LTD
! "#
Address:Room 336,Lee! 1",N#$%&o Dee!o'me$( Zo$e,S# )*$% +*$ A,e*,Z-e.#*$%
P,o#$/e,C-#$*
Both the Seller an$ the Buyer #ay in$i,i$ually .e referre$ to as Party or collecti,ely as the
Partie. $%&'()*$+,-. $ /
)hereas: 012
1. The Seller an$ the Buyer ha,e agree$ to enter into this Sale an$ Purchase Contract /as
hereinafter $efine$0 an$ the seller 1ill su++ly stea# coal to .uyer su.2ect to the ter#s
an$ con$itions herein containe$. $$3- 45- $64$7
89 : ; < =>0?82/
&. TE3! O4 Contract0 :2
The Parties here.y agree that this Contract shall .eco#e effecti,e on the $ate of this
Contract an$ .To en$ e5ecution of the contract en$e$. If successful coo+eration- an$ this
contract is #o$ele$ signe$ a su++le#entary contract- the continuation of e5ecution of
the contract +erio$.
$@53A@B-CDAEFGH/I$)JA %
&5AKLAMFNA/
3. The Seller an$ Buyer .oth confir# 1ith full res+onsi.ility that they ha,e the cor+orate
authority to sign this Contract.
$@*OPQ?- /
No1 it is agree$ as follo1s:
@RS?:
Contract No. :
Page " of 13 Seller Initial Buyer Initial
CLAUSE ! COMMODIT" TU
1.1 Co##o$ity
TUV
Stea# Coal- Net Calorific 6alue 7'''8cal98g /3B0.
>- WXYZ[\ 7'''8cal98g /3B0/
1.& Country of Origin
]^
South :ali#antan- In$onesia.
_`abc- de/
1.3 "oa$ing +ort AN" OPEN SEA ANCHORA#E T SO;T< :"I!NTN
fg _`abc- SOUTH $ALIMANTAN
1.= Discharge +ort
fg
Shi$ong8ou Shanghai +ort- China-
China 1ith $raft fresh 1ater 11.&=#
hijkgAlmnm 11.&= o
CLAUSE % &UANTIT" ' LA"CAN DATE \ pN
&.1 Trial Shi+#ent : ()*)))MT ++,-!)./
\ : 7'-''' />9?1'@0
&.& Total #ount :
q :
&.3 "aycan Date : By &7
th
ug ust &'13 /)ithin 3'$ays after recei,e of D"C0
pN : @ &'13 ( &7 Br /sW D"C t 3' uB0
CLAUSE 0 &UALIT",SPECIFICATION \ , v
Ty+ical S+ecifications of coal to .e $eter#ine$ an$ analy*e$ as +er ISO stan$ar$ on s
3ecei,e$ Basis /3B0- unless other1ise s+ecifie$ as state$ hereun$er:
@tw N A$xUt\ y &?v7 ISO z
Net Calorific 6alue
Z[\
/3B0
WXY
7''' :cal98g /A=7'' :cal9:g 3e2ect {W0
Total !oisture /3B0 &&@ /B&(@ 3ECECT0
|m WXY
Inherent !oisture
@m
/DB0
}~Y
1'@?1=@ /B1=@ 3ECECT0
sh Content

/DB0
}~Y
1'@?1%@ /B1%@ 3ECECT 0
4i5e$ Car.on /DB0 BD DI44E3ENCE
}~Y
6olatile !atter /DB0 3(@?=7@ /No ,e.e/(#o$0
}~Y
Total Sul+hur /DB0 '.(@ /B1@ 3ECECT0
\ }~Y
<ar$gro,e In$e5
%.
='?7' PP3OE
Si*e Distri.ution ' ## ? 7' ## BF'@
d:
CLAUSE 1 PRICE v
Contract No. :
Page 3 of 13 Seller Initial Buyer Initial
=.1 The +rice for Stea# Coal NC6 =('':cal98g /3B0 Shi$ong8ou <uaneng Po1er Plant
Port- 1ill .e C43 . Of 1hich G shi++ing fee- if the fare o,er ;.S. $ollars- #ore than +art
of the co##it#ent .y the .uyer.
v&> NC6 7''' :cal98g Yz- "jkg C43 , Ap
AIpA'$/
CLAUSE ( &UALIT" PRICE AD2USTMENT,3ONUS ' PENALTIES \vw
In regar$s to each shi+#ent of Stea# Coal 1hich $oes not #eet the S+ecifications set forth in
Clause 3- the .ase +rice in C4a5e 1 shall .e a$2uste$ in accor$ance 1ith the S+ecification as
state$ in Clause 7: t >- SR'" 3 :t- @ 1
: 9tY @ 7 : 9tFw:
7.1 If the actual Tota4 Moit5re +AR3/ of the cargo e5cee$s &%@- then the in,oice 1eight of
the cargo for +ay#ent shall .e a$2uste$ in follo1ing for#ula:
S|m'/3B0 &&@- t\7S?w:
4inal co##ercial in,oice 1eight H INTE3TE: 1eight 5 / 1 I/ ct ual T ot al !oist ure? &&@ 00
\ H INTE3TE: \ 5/1? /|m'?&&@00
If the actual Tota4 Moit5re +AR3/ of the cargo e5cee$s &(@- the Buyer has the right to
re2ect the cargo.S|m &(@A${W/
7.& Net Ca4ori6ic 7a45e +AR3/: If the certifie$ Net Calorific 6alue on s 3ecei,e$ /NC6
/3B00 of the coal as sho1n in the Certificate of nalysis issue$ .y CIJ at Discharge
Port is a.o,e 7''' NC6/3B0- the Base Price of ;SG un$er Clause = shall .e a$2uste$
on the In,oice$ Price as follo1s- fractions +ro rata:
S f CIJ WXY\ 7''' A Y = tvq64
?
7w
In,oice$ Price H ;SG .''E /ctual NC6 /3B0 9 7''' 8cal98g NC6 /3B0 0
v H q E0WXY\97''' 2
If the Discharge Port CIJ results as recei,e$ less than 7''' 8cal of heat- .ut higher than
=('' 8cal- then .ase$ on the +rice of $ollars = shall .e a$2uste$ +ro+ortionately
accor$ing to the follo1ing for#ula:
Sf CIJ WXY\Z 7''' A =('' A Y =

tvq7 '.'13& q9 /
If the NC6 /3B0 is .elo1 =('' NC6 /3B0- the re2ection li#it as s+ecifie$ in Clause 3
<ereun$er - the Buyer shall ha,e the right to re2ect the cargo or elect a$2ust#ent to the
In,oice$ Price as +er the a.o,e calculation.
SWX\Z =('' =7'' tA7 '.'=' q9AZ
=7''
{ W/
Contract No. :
Page 4 of 13 Seller Initial Buyer Initial
(.0 Tota4 S54895r +AD3/. Sul+hur +enalty is ;SD '.7 9#t +er '.1@ +rorate e5cee$ing '.(@
u+ to 1 @ an$ Buyer shall ha,e the right to re2ect the cargo if it is a.o,e the re2ection
li#it.
S|\ '.(@ 1@A '.1@ '.7 qS
1@A
${W/
7.= A9 Content +AD3/ sh +enalty is ;SD '.&7 +er 1@ +rorate e5cee$ing 1%@ u+ to 1(@
an$ Buyer shall ha,e the right to re2ect the cargo if it is a.o,e the re2ection li#it. S
1%@ 1(@- 1@v '.&79/S' 1(@A $
{W/
7.7 The te#+orary .onus9+enalty ter#s shall .e .ase$ on the stan$ar$ of Stea# Coal- Net
Calorific 6alue 7''' :cal9:g /3B0 calculate$ accor$ing CCIC INDONESIA at "oa$ing
Port. The final result 1ill .e calculate$ accor$ing to C9ina CI& Ins+ection stan$ar$s at
Discharge Port.
d&WXYZ[\ 7''' :cal98g/3B0YzA f CCIC t
)t4At\64 t CI& t)4/
7.% \ &pf CCIC f)4/
CLAUSE : PA"MENT TERMS :$
%.1 3 1or8ing $ays after the signing of .uyers an$ sellers- the .uyer recei,es letter of guarantee 3
1or8ing $ays out of the 1''@ ,alue- allo1ing a 1'@ shorter o,erflo1- irre,oca.le-
transfera.le- in$i,isi.le- in fa,or of the seller ,ali$ F' $ays sight. 6en$ors in the ne5t 3 $ays
after the letter of cre$it o+ene$ for &@ of the contract a#ount of the +erfor#ance guarantee
,ali$ for F' $ays as a guarantee of ti#ely $eli,ery- this acti,ation .uyer cre$it guarantee.
$-
3
)
-
$q
&@
DN utxqA);
tx/$@WXxqt
3
)
1''@
qt
1'@
t %
tA%t%'tDN
F'
utN/$WX$t
N-@
3'
upt0&-2A$$A
$%&-xq|/
%.1.& for the long?ter# an$ effecti,e coo+eration in the shi+#ent $ate of this .oat- out of 1''@ of
the a#ount of $ise#.ar8ation- allo1ing a 1'@ shorter o,erflo1- irre,oca.le- transfera.le-
in$i,isi.le- in fa,or of the seller ,ali$ for F' $ays at sight-
"ND)A@5ppA?pt
1''@
qt
1'@
t %
tA%t%'tDN
F'
utNA
%.& )ith the +ro,isions of the contract of clause K.1 to +ay %'@ of the +urchase +rice shi++ing
$ocu#ents. ccor$ing clause K.& shi++ing $ocu#ents reLuire$ to +ay ='@ .alance
+ay#ent. Pay#ent is $ue the cre$it of negotiation 9 +aya.le at sight.

K.1
t p 4
%'@
:/
K.&
tp4
='@
:/
:XNN
9
/
%.3 In a$$ition to the co##ercial in,oice an$ $rafts /$rafts0- the thir$ +arty $ocu#ents
acce+ta.le.
T:02
-
%&s/
%.= E5ce+t that errors in Luantity- Luality an$ a#ount are not allo1e$- ty+ing errors on the
"9C are acce+ta.le..
Contract No. :
Page 1 of 13 Seller Initial Buyer Initial
\U;"- :s;t/
%.7 If the .uyer after %'1or8ing $ays of the .ill of la$ing- can not +ro,i$e the +ort of $ischarge
issue$ .y CIJ ins+ection of goo$s Luality an$ 1eight of the co+y of the re+ort- the .uyer
shall .e issue$ in accor$ance 1ith CCIC INDONESI +ort of loa$ing goo$s Luality ins+ection
re+orts an$ 1eight ins+ection re+ort as a .asis for final +ay#ent- 1ill ser,e as the .asis- the
co##ercial in,oice issue$ .y the seller- as the cre$it certificate. To ='@ of the .alance of the
letter of cre$it negotiation
S$@- %' )A=ft CIJ t\\
A$7f CCIC t\\A):
4A&54A$TA)/& ='@t:.
CLAUSE ; TERMS OF PA"MENT : <
K.1 Pro<iiona4 Pay=ent: :)@ of total +urchase +ay#ent are +aya.le to .eneficiary against
+resentation of the follo1ing Docu#ents.
%'@ q8<:W$.4S?
K.1.1 Three /30 originals an$ three /30 co+ies BeneficiaryMs signe$ an$ sta#+e$ %'@
+ro,isional co##ercial in,oice co+ies sho1ing the ,alue of goo$s shi++e$- the contract
nu#.er- "9C nu#.er an$ the na#e of the carrying ,esselN
$Kt %'@qT 3 3 - "9C
pV/
K.1.& T1o /30 originals an$ three /30 non?negotia.le co+ies of full set B9" #a$e out to or$er
an$ .lan8 en$orse$. !ar8e$ O4reight Pre+ai$M or O4reight Paya.le as +er Charter PartyM-
an$ notify a++licant issue$ .y the carrierN
3 - 3 !pi- } " - }- PP-
$+$t/0|!2
K.1.3 One /10 original an$ three /30 co+ies Certificate of Origin in 4O3! E issue$ .y the
rele,ant go,ern#ent authority in 3e+u.lic of In$onesiaN
T+det]^ 4or# E , 3 /
K.1.= One /10 original an$ three /30 co+ies Certificate of 1eight re+ort issue$ .yICCIC
INDONESI at loa$ +ort certifying the total 1eight of coal loa$e$ at loa$ing +ortN
f CCIC t\ 1 3 /
K.1.7 One /10 original an$ three /30 co+ies Certificate of Luality issue$ .y CCIC INDONESI at
loa$ +ort certifying the s+ecification #entione$ confir#e$ to s+ecification at loa$ing +ortN
f CCIC t\ 1 3 /
K.& 3a4ance Pay=ent: 1)@ of total +urchase +ay#ent are +aya.le to .eneficiary
against +resentation of the follo1ing Docu#ents.
:='@t:64S?4
K.&.1 One /10 scan fro# co+y of Beneficiarys signe$ an$ sta#+e$ ='@ .alance co##ercial
in,oice sho1ing the ,alue of total a#ount an$ $e$ucte$ the %'@ +ay#ent - goo$s
shi++e$- the contract nu#.er- "9C nu#.er an$ the na#e of the carrying ,esselN
Contract No. :
Page 6 of 13 Seller Initial Buyer Initial
$Kt ='@ :tT, <- :t
%'@:A"9C pV/
K.&.& One /10 scan fro# co+y Certificate of Luality issue$ .y CIJ at $ischarge +ort
f CIJ t\ 1 <
K.3 Co#+lete$ after shi+#ent- you nee$ to scan a co+y of the follo1ing original $ocu#ents
to the follo1ing a$$ress courier:
R-A?8<t # <XS?^
K.3.1 One /10 scan fro# co+y Certificate of 1eight re+ort issue$ .yCCIC INDONESI at
loa$ +ort certifying the total 1eight of coal loa$e$ at loa$ing +ortN
f CCIC t\ 1 </
K.3.& One /10 scan fro# co+y Certificate of Luality issue$ .y CCIC INDONESI at loa$ +ort
certifying the s+ecification #entione$ confir#e$ to s+ecification at loa$ing +ortN
f CCIC t\ 1 <
K.3.3 One /10 scan fro# co+y of Beneficiary s signe$ an$ sta#+e$ %'@ +ro,isional
co##ercial in,oice sho1ing the ,alue of goo$s shi++e$- the contract nu#.er- "9C
nu#.er an$ the na#e of the carrying ,esselN
$Kt %'@T, <- "9C p V/
K.3.= One /10 scan fro# co+y Certificate of Origin in 4O3! E issue$ .y the go,ern#ent of
3e+u.lic of In$onesiaN
det]^ 4or# E t, </
K.= C<IN CIJ Luality an$ 1eight ins+ection certificate issue$ at the $ischarge +ort shall .e
the ulti#ate for the settle#ent. if the final settle#ent a#ount against CIJ certificates is
less than the F7@ te#+orary settle#ent at loa$ing +ort- seller shall refun$ the $ifference
.y telegra+h transfer 1ithin 3 1or8ing $ays after seller recei,ing the CIJ certificates an$
the $e.it note of the refun$ a#ount.
ft CIJ)t4AS4CIJt-q f t
1''@qA@WXCIJ; t- 3 )
$/
CLAUSE > INSPECTION- &UALIT" ' &UANTIT" DETERMINATION \ \
(.1 Both Parties agree to $elegateICCIC INDONESI for the $esignate$ ins+ection at
loa$ing +ort an$ C9ina CI& for the $esignate$ ins+ection at the $ischarge +ort. The
Luality an$ 1eight ins+ection result carrie$ .y Ins+ection gency at the loa$ing +ort shall
.e the .asis of the SellerMs +ro,isional in,oice.The Luality an$ 1eight ins+ection result
carrie$ .y CIJ at the $ischarge +ort shall .e the .asis of the SellerMs in,oice- 1hich
Contract No. :
Page 2 of 13 Seller Initial Buyer Initial
shoul$ .e +resente$ to the .an8 1ith other $ocu#ents. The ins+ection costs at loa$ing
+ort shall .e for the SellerMs accountN 1hile at $ischarging +ort shall .e the BuyerMs
account. Each shi+#ent of coal- the final settle#ent .et1een +arties is .ase$ on the
ins+ection results .y CIJ at the $ischarging +ort. If the .uyer after %' 1or8ing $ays of the
.ill of la$ing- can not +ro,i$e the +ort of $ischarge issue$ .y CIJ ins+ection of goo$s
Luality an$ 1eight of the co+y of the re+ort- the .uyer shall .e issue$ in accor$ance 1ith
CCIC INDONESI +ort of loa$ing goo$s Luality ins+ection re+orts an$ 1eight ins+ection
re+ort as a .asis for final +ay#ent.
$3.& CCIC f- & CI& f.
f
t)$t4.f CIJ 4- $
$
f tN $$f CIJ . CCIC
4
,-F- t\&f CIJ $4/S
$@- %' )A=ft CIJ t\\A
$7f CCIC t\\A):
4.
(.& The Buyer #ay at its o1n e5+ense sen$ re+resentati,es to chec8 the "oa$ing O+eration
an$ con$uct their o1n Sa#+ling. The sellers shall notify the .uyer of the loa$ing ti#e in
a$,ance- so that the .uyer has sufficient ti#e to $o their +re+aration.
$%OF$9X ;/$$
&$Ltz/
(.3 ccor$ing to the Certificates of Luality an$ )eight state$ in the Designate$ Ins+ection
gency- the final +rice 1ill .e calculate$ an$ +ay to the Seller. If the shi++e$ coal cargo
,alue is #ore than the "C ,alue- the .uyer shall +ay for the e5cess cargo ,ia T9TN If the
shi++e$ cargo ,alue is less than the "C ,alue- the seller shall negotiate the +ay#ent
$irectly.
7v.t9t\\%tq/
S$ttq- $E$$S$
ttq- 7\\F:/
(.= In the e,ent a#ount of SellerMs final in,oice is not in e5cess of the Sellers +ro,isional
in,oice- then .uyer shall sent a $e.it note or in,oice to seller in res+ect of any
o,er+ay#ent together 1ith a co+y of CIJMs certificate$. Seller shall re#it such a#ount to
the BuyerMs .an8 .y Telegra+hic Transfer 1ithin 3 1or8ing $ays after recei+t of the
BuyerMs $e.it note or in,oice. S$tqZtqA$
W:+A CIJ $A$WX 3 )& T9T $$/
CLAUSE ? DELI7ER"
F.1 The Shi+#ent shall .e $eli,ere$ 1ithin 3' $ays after recei+t of "C. @WX- 3'
u /
F.& The Seller shoul$ gi,e the Buyer a ,essel no#ination notice 1hich 1ill s+ecify the
,essels +articulars- the $e#urrage9$is+atch rate- ET at loa$ing +ort- the ,essels
esti#ate$ arri,al $raft- the esti#ate$ Luantity- sto1age +lan- an$ other infor#ation a.out
the shi+ 1' $ays +rior to the laycan at loa$ing +ort. The Buyer shall ha,e =( /forty eight0
hours /holi$ay not counte$0 to gi,e or refuse the no#ination- such a++ro,al to .e gi,en
or refuse$ +ro#+tly an$ not to .e unreasona.ly 1ithhel$. Buyer reser,es the right to
Contract No. :
Page 3 of 13 Seller Initial Buyer Initial
acce+t or $ecline the +erfor#ing ,essel .ase$ on final a++ro,al .y +ort authority.
@ f Nr 1' uptpA&N9AXf
Contract No. :
Page 4 of 13 Seller Initial Buyer Initial
AXfnmA \A';(tp/@ =(
0 2#s+{pA#M/6
4 f tfg t)s+{p/.tp
F.3 K& hours after lea,ing the loa$ing +ort- the SellerMs Shi++ing 3e+resentati,e #ust e#ail or
fa5 to the BuyerMs office the ,esselMs sailing $ate- the na#e of the stea#shi+ co#+any-
tonnage- the age of the ,essel- its flag- the Bill of "a$ing nu#.er- contract nu#.er- net
Luantity loa$e$- na#e of co##o$ity- an$ esti#ate$ ti#e of arri,al /ET0.The ,esselMs age
is 1ithin &7 years.
p f-t K& -$tp&9 * $p
N-.pV-[-p-p-i-- \-V;NX
fN/ET0 .p &7 /
F.= K& hours .efore the shi+ arri,es at the $ischarge +ort- the 6essel !aster #ust infor# the
Buyer an$ the $ischarge +ort of its Shi++ing gent- .oat na#e- tonnage- flag- the si*e of
the .oat- etc... This infor#ation #ust .e sent again =(- &=- an$ 1& hours .efore arri,al.
@pX f K& r-p$ftp-pV-[- + -nm
N
&;'@pXf =(- &= 1& rztX
.
F.7 Discharging Ter#s <
F.7.1 S<IDONQ:O; S<NQ<I PO3T- <uaneng Po1er Plant Dor8 C<IN 1ill .e the
$ischarging +ort of Stea# Coal for the shi+#ent un$er this Contract. 6essel 1ith the
$i#ension s+ecifie$ .elo1 can safely enter- stay safely afloat an$ $e+art- ti$e an$
1eather +er#itting:
"hijkg R @,?t>f/ tp@
u,<%?%|^A f/
F.7.& Discharging rate is 1'-''' !T +er 1eather 1or8ing $ays &= consecuti,e hours- Sun$ay &
<oli$ay Inclu$ing .asis ,essel has #ini#u# = hatches 9 = hol$. 1'-'''#t9
) &= A;YpE = g = p/
F.7.3 t the Discharging +ort- 6essel shall .e consigne$ to a +ort agent no#inate$ .y the Buyer
9 Seller an$ a++ointe$ .y O1ner- su.2ect to O1ners a++ro,al for +ort $is.urse#ent.
@ f Ap, $+$Vp!tfgArp3
fg/
F.7.= Seller shall arrange for 6essels #aster to a$,ice .y agent to Buyer the esti#ate$ ti#e
of arri,al at the Discharging +ort on $e+arture fro# the loa$ing +ort- K $ays- 7 $ays- 3
$ays-
& $ays an$ &= hours +rior. $"ptpA$t- f AK uA7
uA3 uA& u &= rfB-#ftX.
F.7.7 )ritten Notice of 3ea$iness/NOR0 to $ischarge shall .e ten$ere$ .y the ,essel after
arri,al at the $esignate$ anchorage $uring nor#al office hours .et1een (:''! an$
=:''P!- se,en $ays +er 1ee8- +ro,i$e$ that 6essel is in free +ractice an$ is in all
res+ects rea$y to $ischarge the inten$e$ cargo. NO3 #ay .e ten$ere$ .y ca.le- telefa5
an$ e#ail.
NO3.@p#.t$%f-@&t0h' ( (X?' = (B2

Contract No. :
Page 10 of 13 Seller Initial Buyer Initial
A K u Ap)%O/%|z* /
F.7.% "ay ti#e &= hours fro# /N.O.30 ten$ere$- unless $ischarging o+eration starte$ earlier
Contract No. :
Page 11 of 13 Seller Initial Buyer Initial
1hen the actual ti#e use$ to count as lay ti#e. N.O.3- &= +--
,+-7-)/
F.=.K 6essel arri,ing 1ithin $esignate$ lay $ays shall .e $ischarge$ in +rinci+al in accor$ance
1ith the or$er of arri,al at Discharging Port.
@.tXtp64Xft../
F.7.( Ti#e s+ent for custo#s9health9+ort authority for#alities- +ilot age fro# anchorage area to
.erth- #ooring- or crossing ri,er #outh- shall not to count as lay ti#e.
(RC/RFfg 0t1 . --^f %&;2 / %-+ 33g
/
F.7.F "ay ti#e for $ischarging shall co##ence &= hours after 1ritten NO3 is ten$ere$ to
BuyerMs office- 1hether the 6essel is actually .erthe$ or not- or on co##ence#ent of
$ischarging if sooner. If the t1enty?4our /&=0 hours lay ti#e e5+ires on a #a2or Chinese
<oli$ay- then lay ti#e for $ischarging is to co##ence fro# (:''! on ne5t 1or8ing $ay-
unless $ischarging is sooner co##ence$. )aiting ti#e for .erth shall .e inclu$e$ in the
lay ti#e unless the 1aiting has resulte$ fro# any action or inaction .y SellerN it is agent-
the o1ner or #aster of the 6essel- inclu$ing granting of +ractice. Shifting ti#e fro#
anchorage to .erth shall not count as lay ti#e. The ti#e reLuire$ for the .allasting an$ for
any $elay cause$ .y 6esselMs ina.ility to $ischarge shall not count as lay ti#e- e,en if on
$e#urrage. Delays cause$ .y 4orce !a2eure sti+ulate$ in accor$ance 1ith Clause 1=
shall not count as lay ti#e. Ti#e allo1e$ for $ischarging is to .e calculate$ on the .asis of
the Bill of "a$ing Luantity. "ay ti#e shall cease count on co#+letion of $ischarging.
p$%+$%A+@ + t4A+$
5
NO3t &= -/S &= + N ,tA -
?,)th' ( +/ ,0+t/6%@ A
,7$t)+)8t/pAp+p64$..
tF)@/9 N & Ap:"8tM;(
@ /y 1= t%<>8tM( /t
&t\Y9=t/ &tR/
CLAUSE !) DEMURRA#ES &N
1'.1 ny costs an$ e5+enses incurre$ $ue to any $elay at the Discharging Port- the
$e#urrage 1ill .e un$er the BuyerMs res+onsi.ility. 4or the a,oi$ance of $ou.t- the
!other 6essel shall .e $ee#e$ to ha,e arri,e$ at the Discharging Port once the NO3 is
acce+te$ .y the +ort authority in $ischarge +ort.
ft>?@Rt;A&N$t/AB'1A,C
NO3
(ff0s A (# f/
1'.& Buyer shall +ay to Seller De#urrage incurre$ /if any0 an$ Seller shall +ay to .uyer the
fee incurre$ that Dis+atch /if any0 at the Discharging Port in accor$ance 1ith the ter#s
an$ con$itions of the Charter Party.
$7pDt:<$@fCt&N0St2/
$x$@fCt0St2/
1'.3 ccounts for De#urrage an$ Dis+atch shall .e 8e+t se+arate fro# all other accounts an$
shall .e settle$ 1ithin 3' /thirty0 1or8ing $ays after co#+letion of $ischarging of rele,ant
Contract No. :
Page 1" of 13 Seller Initial Buyer Initial
,essel. N E9 & 2 tA F@p R&-G
3' ) /
CLAUSE !! CLAIMS
11.1 ny clai#s that either +arty #ay ha,e- $ue to an occurrence- ha,e to .e su.#itte$ to
the other +arty 1ithin a +erio$ of 17 1or8ing $ays fro# the $ate of that occurrence
,$,$t-O8tH<CB- 17 )B.
11.& If 1ithin 17 calen$ar $ays fro# $ate of ?CIJ at the $ischarge +ort- the Buyer fails to
infor# the Seller of non?co#+liance- the co##o$ity 1ill .e $ee#e$ to ha,e .een
acce+te$ .y the Buyer- an$ the Seller 1ill no longer acce+t any clai#s.
f - 17 u-$$I ( $sJ5TU-
$ KsB-tI/
11.3 ll clai#s 1ill .e e5ecute$ in 1riting an$ .oth +arties agree to ac8no1le$ge such clai#s
.y 1ritten acce+tance thereof. $9tI&/
11.= Either +arty shall .e res+onsi.le for all Cost of Da#ages an$ "egal Cost in the e,ent
either the Seller or Buyer cannot +erfor# or continue after official legal contract is
signe$.
$@ B-S$+$L"+L"MFA$+$
9 $ 58tN O /
CLAUSE !% TA@ES* O3LI#ATIONS AND IMPORT g 3
1&.1 The Seller shall +ay all an$ any ta5es an$ $uties incurre$ at loa$ing +ort relate$ to the
+erfor#ance of this contract.
$FP$.tfrtTUt9 3 /
1&.& t the "oa$ing Port: freight ta5 /if any0- 1harf age /if any0- e5+ort $uty9ta5es- custo#
clearance an$ custo# ser,ice charges inclu$ing any other charges .y the uthority shall
all .e for the account of the SE""E3.
@ f 0 3 S2A0S2Ag393WA( 4
0tA$ / $
1&.3 The Buyer shall +ay all an$ any ta5es an$ $uties incurre$ at the $ischarge +ort relate$ to
the +erfor#ance of this contract.
$F@X f-tTUt9 3 /
1&.= t the Discharging Port: ta5es /if any0- 1harf age /if any $e#urrage0- i#+ort $uty9ta5es-
custo# clearance an$ custo# ser,ice charges .y the uthority shall .e for the account
of
the B;DE3. @Qtf 0S 3 2A0S&N2Ag39 WA 3 R (
W$$/
CLAUSE !0 FORCE MA2EURE %<>
13.1 4or the $uration of a force #a2eure- such as- .ut not li#ite$ to- 1ar or threat of 1ar-
in,asion- re.ellion- riot- acts of go$- restraints of go,ern#ents or rules- or stri8es-
loc8outs- fire- floo$- earthLua8e- there.y $elaying the +erfor#ance of this contract-
Contract No. :
Page 13 of 13 Seller Initial Buyer Initial
seller an$9or
Contract No. :
Page 14 of 13 Seller Initial Buyer Initial
.uyer shall .e release$ fro# their res+ecti,e o.ligation to $eli,er or acce+t the $eli,ery of
Stea# Coal hereun$er 1ithout lia.ility to the other. "ocal authority shall legali*e the e,ent
of force #a2eure.
%<>AA + 5 ST U 5 6 6tAu At 7
+A+A$AV7Am7A^WA ? - XJFA$;9+$
B*O +s? ( t>tA $ /%<> $
H< &^$ 0 . z/
13.& In the e,ent of force #a2eure- seller an$ .uyer shall co? o+erate to #ini#i*e the a$,erse
effect of such force #a2eure occurrence to the e5tent +ossi.le.
Y%<>A $Fd t)9C%<>?8tJZ
XZ/
13.3 In the e,ent that seller9.uyer cannot agree 1ithin one #onth of the cessation of a force
#a2eure ha,ing occurre$- u+on resche$uling of Luantity $eli,ere$ of Stea# Coal affecte$
.y such case of force #a2eure- either +arty shall ha,e the right to cancel such $eli,er of
Stea# Coal 1ithout lia.ility to the other.
S$9$@CJ%<>$Ht, L"R[A%<>ZX
> \t\ "A,$]?,$/
13.= Cases of force #a2eure shall .e re+orte$ as soon as +ossi.le through fa5 .y the effecte$
+arty to the other- $efining the circu#stances e5actly an$ +recisely. In the e,ent that
either +arty e5ercises the cancellation right the cancellation shall .e effecte$ only .y
1ritten notice.
SC%<>A$ ,$A Q F^ t/S,$ 8 *
F9]JA]"&t,$$"D/
CLAUSE !1 APPLICA3LE LAA ' AR3ITRATION _tO `a
1=.1 This Contract shall .e inter+rete$ in accor$ance 1ith HON#$ON# la1s. ll $is+utes
arising in connection 1ith the +resent contract shall .e settle$ in an a#ica.le 1ay firstly.
Shoul$ the +arties reach no agree#ent- an$ then the case shall .e .rought for final
settle#ent un$er the rules of Conciliation an$ r.itration of the International Cha#.er of
Co##erce at <ONQ:ONQ .y <ong :ong International r.itration Center- <:IC.The
ar.itration results 1ill .e final an$ .in$ing to .oth seller an$ .uyer.
_tObfO/9YFCt 5 c*T)- T
R- %&bf T `ad64`a- `ad.,V+eV`a%`
a.
CLAUSE !( #ENERAL
17.1 English is the only la1ful language in the contract. This agree#ent contains the entire
un$erstan$ing .et1een the +arties 1ith res+ect to the transactions conte#+late$ here.y
an$ can only .e a#en$e$ .y a 1ritten agree#ent. ny +rior agree#ent- 1ritten or
,er.al
is $ee#e$ #erge$ herein an$ shall .e su+erse$e$ .y this agree#ent. $ Rt
| -fgh&-r9t;gP ti %
(. .j81/
17.& ll signe$ a++en$ices- anne5es an$ su++le#ents shall constitute an integral +art of the
+resent contract. 9Kt<-L)%'t,'/
Buyer Contact & $$ress for Notices $^
Co#+any V
Ningbo Economic & Technical Development Zone United
Resource Trading Co. !td
$$ress for Notices
^
Room ""#!evel $%Ningbo Development Zone&i 'ang (an
AreaZhe)iang *rovinceChina
Contact Na#e
Phone
4a5 *
E#ail k<^
Contract No. :
Page 11 of 13 Seller Initial Buyer Initial
17.3 Con$itions that ha,e not .een s+ecifie$ in the +resent contract shall .e go,erne$ .y
INCOTE3!S an$ su.seLuent a#en$#ents relate$ to C43 .asis.
Ll;t:9<7 #t C43 BF/
17.= EDT /Electronic $ocu#ent trans#ission0 shall .e $ee#e$ to .e ,ali$ an$ enforcea.le in
res+ect of the +ro,isions of this contract. Either +arty shall .e in a +osition reLuest a
har$ co+y of any +re,ious electronic trans#itte$ $ocu#ent.
km8<DG>-,$$km8<t/
17.7 The infor#ation containe$ herein shall .e 8e+t confi$ential- an$ shall not .e su.seLuently
$isclose$ to thir$ +arties or re+ro$uce$ in any 1ay- e5ce+t to thir$ +arties 1ho are
necessary to the i#+le#entation of the gree#ent.
txnt- $= $op-#-,$t
Ftt,$/
CLAUSE !: ADDRESS FOR NOTICES ' 3AN$IN# DETAILS ^;F
1%.1 SellerMs $etails:
Seller Contact & $$ress for Notices $^
Co#+any V
$$ress for Notices
^
6011 Neo A 41B
Contact Person
Phone
4a5 *
E#ail k<^
Seller Ban8ing Details $F
Ban8 Na#e FV TF^F
Ban8 $$ress F^ qrst\u\v9 A (
ccount Na#e V
ccount Nu#.er
S)I4T Co$e F
Phone
4a5 *
1%.& BuyerMs $etails:
Contract No. :
Page 16 of 13 Seller Initial Buyer Initial
Buyer Ban8ing Details $F
Ban8 Na#e FV +an, o- China Ningbo .aishu &ub/+ranch
Ban8 $$ress F^ No.$$ North 0ie 'ang Rd Ningbo China "$12$2
ccount Na#e V
Ningbo Economic & Technical Development Zone United
Resource Trading Co. !td
ccount Nu#.er "34/516/"#"/63#
S)I4T Co$e F C7C.CN+03%A
1%.3 BeneficiaryM $etails:
Beneficiary Ban8ing Details F
Ban8 Na#e FV
Ban8 $$ress F^
ccount Na#e V
ccount Nu#.er
S)I4T Co$e F
Phone
4a5 *
CLAUSE !; CONCLUSIONS
1K.1 The gree#ent is co#+ile$ in & /t1o0 originals- 1ith each +arty retaining 1 /one0 originals.
;ntil the e5change of originals- the Parties agree the signe$ sta#+e$ co+ies of the
contract 1ill .e in full force an$ effect. Parties here.y confir# an$ acce+te$ that the
Contract sent .y facsi#ile or .y scanne$ e?#ail- acce+te$ as an original.
w & - $* 1 - xX$*OWX-C
D/$@5- s*yt- +t%)/
IN AITNESS AHEREOF- the Parties ha,e cause$ this Contract to .e $uly e5ecute$ .y their
authori*e$ re+resentati,es as of the $ate first a.o,e #entione$.
$Pz{r89NKA|5/
T<E SE""E3 $ T<E B;DE3 $
Shen*hen Century sia Pro+erty In,est#ent
Co.-"t$
NinBCo Econo=ic ' Tec9nica4 De<e4o8=ent
Done UniteE Reo5rce TraEinB Co.* LtE

Na#e: Na#e:
Destination: Destination:
En$ of Contract