REGISTERED COMMISSION PROTECTION:IN REM

IPG: INTERMEDIARY PAYMENT GUARANTEE
In accordance with © FTN Exporting uniform Rules and Practice for intermediaries and Brokers (© URPIB 2010 ) as current.
In accordance with ©AGI © ULTRATERMS 2012 where applicable .

I, DAVIDE PAPA of FTN Exporting Melbourne, Australia for all to see, do hereby personally and unconditionally guarantee the following below entities protection of all interests and commission payments to each said entity, as per each each and every successful shipment delivery within 7 days of each said delivery.

FTNX ACA AUTHORISED AGENT AND PI
Representative of FTN Exporting privy to the nature of business herein. Buyer please return signed offer to FTNX Agent Below providing the offer and not FTN Exporting.
SELLER: FTN EXPORTING
SELLER SIDE ( X ) amd /or BUYER SIDE ( X )

PI: FTNX AGENT
MR BILL R. GOUGH Reg No. BG00596
E-mail: bill.gough@oic-international.com
SI: In Association With attached SI to the PI
Akin Akinkunmi
Email: akinakinkunmi@buyerandsellerintl.com Nigeria

TRANSACTION CODE: FTN-BG-SU75
DATE: 28 October 2011 12.45 PM AEST
PRODUCT : SULPHUR
QUANTITY : 240,000 MT
DELIVERY : CFR CHINA
FIXED OFFER PRICE :USD$227.70 MT CFR CHINA
Tracking : Offer Reissued- 20th November 2010

IPG DECLARATION: ‘In Rem’

I, DAVIDE PAPA of FTN Exporting Melbourne, Australia for all to see,  do hereby personally and unconditionally guarantee the following  below entities protection of all interests and commission payments to each said entity, as per each each and every successful shipment delivery within 7 days of each said delivery.

I, DAVIDE PAPA of FTN Exporting Melbourne, Australia for all to see, do hereby personally and unconditionally guarantee the following below entities protection of all interests and commission payments to each said entity, as per each each and every successful shipment delivery within 7 days of each said delivery.

FTNX ACA AUTHORISED AGENT AND PI
Representative of FTN Exporting privy to the nature of business herein. Buyer please return signed offer to FTNX Agent Below providing the offer and not FTN Exporting.
SELLER: FTN EXPORTING
SELLER SIDE (  X ) amd /or BUYER SIDE ( X )
PI: FTNX AGENT BUYER SIDE
MR RICK GOOSSEN Reg No. ACA BG00110
E-mail: cpindustries @telus.net

PI: FTNX AGENT SELLERS SIDE
MR MUHAMMAD TENRIOLI Reg No. FTNX -MT00955
email: tenstarint@yahoo.com

TRANSACTION CODE: 4FTNRGCAN001
DATE: 19 November 2011 12.45 PM AEST
PRODUCT : COAL GCV 52-5400
QUANTITY : 1,080,000 MT
DELIVERY : CFR INDIA
FIXED OFFER PRICE :USD$87.00  MT CFR

Comments/tracking
Tracking : Offer Reissued- 19th November 2011

Will consider further advice  given 30th November 2011. 2 Weeks further consideration needed.

I, DAVIDE PAPA of FTN Exporting Melbourne, Australia for all to see, do hereby personally and unconditionally guarantee the following below entities protection of all interests and commission payments to each said entity, as per each each and every successful shipment delivery within 7 days of each said delivery.

FTNX ACA AUTHORISED AGENT AND PI
Representative of FTN Exporting privy to the nature of business herein. Buyer please return signed offer to FTNX Agent Below providing the offer and not FTN Exporting.
SELLER: FTN EXPORTING
SELLER SIDE (  X ) amd /or BUYER SIDE ( X )
PI: FTNX AGENT BUYER SIDE
Richard Engel (CAN) Reg No. FTNX-RE00911
richard@gimmelglobaltrade.com

PI: FTNX AGENT SELLERS SIDE
Billy R Gough Reg No. FTNX- BG00956
e-mail:bill.gough@oic-international.com

TRANSACTION CODE: GGT/FTN-SUL-70026
DATE: 29 November 2011 12.45 PM AEST
PRODUCT : SULPHUR
QUANTITY : 240,000 MT
DELIVERY : CFR PAKISTAN
FIXED OFFER PRICE :USD207.80 MT CFR

Comments/tracking
Tracking : Offer issued- 29th November 2011