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LETER OF INTENT (LOI)LOI No.: CC/2015/01 Date: 26/02/2015.Dear Sir We, CREATIVE CORPORATION a Bangladeshi registered Importer and trading company with full corporate responsibility and hereby want to import Milk powder from mandated manufacturer/seller. The terms and conditions stated below: 1.Products:Skim Milk Powder,2.Quantity:Total 1, 000 Mton 12 shipments.3.Packing:Standard type in bag.4.Purity:Made by 100% pure materials.5.Inspection:Inspect by SGS (Societe General de Surveillance) at sellers expense.6.Payment term:Irrevocable Letter of Credit (LC). (Not negotiable)7.Port of destination:Chittagong sea port, Bangladesh.8.Specification:Supplied by seller.9.Guaranty time: Supplied by seller.10.Duration of contract: Minimum 5-10 yearsCompany Information:Company name: CREATIVE CORPORATIONAddress: Center Point Concord, 14/A-31/A Tejkunipara Thana- Tejgaon, Dhaka- 1215 Bangladesh,Mobile: 0088-*******8787, *******6642Email:*******@*****.com Skype:jalil.mondal ORCompany name: M/S ZIA ENTERPRISEAddress: 4/2 Ishwar Chandra Ghos Street, Dhaka-1100, BangladeshI am just looking a reliable manufacturer for creating long lasting business with products guaranty. I hope that we can make a long term business in faithfully and hopefully can raise the quantity with the passage of time with your reliable company. I am end buyer for my country. Please see my buying schedule and quantity for first year in ANNEXURE “ A. BUYING SCHEDULE MONTHSKIM MILK POWDER (M.TON)1st shipment (Sample shipment)20 to 402nd shipment403rd shipment604th shipment805th shipment806th shipment1007th shipment1008th shipment1009th shipment10010th shipment10011th shipment10012th shipment100TOTAL (M.TON)1,000N.B: The quantity may be increased according to need of my country. We also need full cream milk power. Business starting Procedure:1)Buyer will issue Letter of intent (LOI) and Bank Credit Letter (BCL). 2)Seller will issue Full Corporate Offer (FCO) and BCL.3)Buyer will sign seal and return the FCO (If agree).4)Seller will issue Draft Contract Agreement.5)Buyer will sign seal and return the Contract. Seller will sign and seal the Contract and will return the buyer.6)Buyer bank will send a message by swift to seller bank for Bank Credit Letter (BCL).7)Seller bank will issue BCL and will send to the buyers bank by swift.8)Buyers bank will send LC to the sellers bank. Seller will start shipment after confirmation about LC.9)Seller will send original copy of required document by courier directly to buyers bank and another scan copy to the buyer through email.10)Buyers bank will be released LC money within 3-5 banking days. Best regardsMr M Jalil MondalChief Executive OfficerCREATIVE CORPORATIONWhat is the MOQ?