5/7/2012

Chng7.PHNGTHCTHANHTONTNDNGCHNGT

5/7/2012hththuy09111

Mctiucachng7XcnhngunphpliuchnhphngthcthanhtontndngchngtGiithchkhinimphngthcthanhtontndngchngt;trnhbyquitrnhthanhton;GiithchnhnghathtndngvphntchccctnhchtcathtndngPhntchquynlivrirocaccbnxutnhpkhu,phntchvaitrcangnhngtrongphngthcthanhtonGiithchcccnidungcathtndngPhnloithtndngPhntchnghav,rirovccnghipvcthcaccngnhng(ngnhngphthnh,ngnhngthngbo,ngnhngcchnh,ngnhngxcnhn,ngnhnghontr)NucccimluchnhkhikimtrabchngttheoLC5/7/2012hththuy09112

Nidungchng7phn1

7.1Btpqunquctiuchnhphngthcthanhtontndngchngt7.2Khinimphngthcthanhtontndngchngt7.3Ccchththamgia7.4Quytrnhthanhton7.5Thtndng:khinim,tnhcht,nidung,ccloi

5/7/2012hththuy09113

1

5/7/2012

Liuphngthcthanhtontndngchngtcbovchoccbnxutnhpkhutrcccriro:mthng,mttin,giaohngbtchi,trhonthanhton,trhongiaohng,hngkhngngslng,chtlngtheothathun5/7/2012hththuy09114

7.1TpqunquctiuchnhphngthcthanhtontndngchngtUCP(UniformCustomsandPracticesforDocumentaryCredits)Quitcvthchnhthngnhtvtndngchngt.ISBP(InternationalStandardBankingPractice)Tpqunngnhngtiuchunquctkimtrachngttheothtndng.eUCPBnphtrngUCPvvicxuttrnhchngtint.URR(UniformRulesforbanktobankReimbursementsunderdocumentarycredit)Quitcthngnhtvhontrtingiaccngnhngtheothtndng.5/7/2012hththuy09115

Mtsluvtnhchtphpl

Cctpquntrnctnhchtphplty:TtcccphinbncaUCP,ISBP,URRvncnhiulcCndnchiuvoLCLCcthbsunghocthathunkhcNidungLCcnctunthtrctin

5/7/2012hththuy09116

2

5/7/2012

MilinhgiaUCPvISBP

UCPcpntpqunngnhngtiuchunquctkhiaranhnghavxuttrnhphhp(xemiu2,UCP600)ScnthitphichnphinbnISBPphhpviphinbnUCPnhtnh

5/7/2012hththuy09117

MilinhgiaUCPvURR(iu13,UCP600)CthdnchiuURRvoLCNukhngdnchiuURR,ccthonthunvhontinciuchnhbiUCP

5/7/2012hththuy09118

7.2KhinimphngthcthanhtontndngchngtPhngthcthanhtontndngchngtlmtphngthcthanhtontheongnhngphthnhtheoyucucanhnhpkhungracamktthanhtonchonhxutkhukhinginyxuttrnhbchngtphhpviiukhonviukincaL/C.

5/7/2012hththuy09119

3

5/7/2012

Theoiu2,UCP600:Camktthanhtoncnhnghal:Trngay(paymentatsight)-TrngaykhixuttrnhchngtTrsau(deferredpayment)CamktthanhtonvsauvtrkhiohnChpnhnhiphiu(acceptance)Chpnhnhiphiuvtrkhiohn5/7/2012hththuy091110

Theoiu2,UCP600:Xuttrnhphhpcnhnghal:XuttrnhchngtphhpviiukhonviukincaLCXuttrnhchngtphhpviccikhoncpdngcaUCP600Xuttrnhchngtphhpvitpqunngnhngtiuchunquct

5/7/2012hththuy091111

7.3CcchththamgiaNgiyucumLC(TheApplicant)Ngnhngphthnh(TheIssuingbank)Ngnhngthngbo(TheAdvisingbank)Ngihngli(TheBeneficiary)Ngnhngxcnhn(TheConfirmingbank)Ngnhngcchnh(TheNominatedbank)Ngnhnghontr(Thereimbursingbank)5/7/2012hththuy091112

4

5/7/2012

NgiyucumLC(Applicant)

Ngiyuculbnmthtndngcphthnhtheoyucucah(iu2,UCP600)

5/7/2012hththuy091113

Ngnhngphthnh(Issuingbank)

Lngnhngthchinphthnhthtndngtheoyucucangiyucuhocchochnhmnh(iu2,UCP600)

5/7/2012hththuy091114

Ngnhngthngbo(Advisingbank)

Lngnhngthchinthngbothtndngtheoyucucangnhngphthnh(iu2,UCP600)

5/7/2012hththuy091115

5

5/7/2012

Ngihngli(Beneficiary)

Lbnhnglithtndngcphthnh(iu2,UCP600)

5/7/2012hththuy091116

Ngnhngxcnhn(Confirmingbank)

Lngnhngbsungsxcnhncamnhivimtthtndngtheoyucuhocsyquyncangnhngphthnh(iu2,UCP600)

5/7/2012hththuy091117

Ngnhngcchnh(nominatedbank)NgnhngcchnhlngnhngmtiLCcgitr(Nominatedbankmeansthebankwithwhichthecreditisavailable)(iu2,UCP600)Ngnhngcchnhchitkhu(Thenominatednegotiatingbank)Ngnhngcchnhtr(Thenominatedpayingbank)Ngnhngcchnhchpnhn(Thenominatedacceptingbank)5/7/2012hththuy091118

6

5/7/2012

(Seller)Applicant(Buyer)Ngnhnghontr(Reimbursing)

Lngnhngcngnhngphthnhyquynhontrchongnhngitin(ngnhngcchnh)

5/7/2012hththuy091119

7.4.QuitrnhthanhtonQUITRNHCBN

1.KhpngmuabnBeneficiary5.KimtraLC,Giaohng

4.ThngboLC-AdviceofL/C6.Xuttrnhchngt9.Thanhton

2.YucumL/C9.Xuttrnhchngt10.Thanhtonvnhnchngt

AdvisingBank

3.L/C7.Xuttrnhchngt8.Kimtrachngt,thchinth

IssuingBank

5/7/2012

thanhtontchththuy0911

20

Ccbctrckhigiaohng:Bc1:NhxutkhuvnhnhpkhukkthpngmuabnBc2:NhnhpkhuvitnyucuphthnhLCBc3:NgnhngphthnhLCgiLCnngnhngthngboBc4:NgnhngthngbogithngboLCnngihngliBc5:NgihnglikimtraLCvyucutuchnh(nuc)vtinhnhgiaohng

5/7/2012hththuy091121

7

5/7/2012

(Seller)ApplicantCcbcsaukhigiaohng:Bc6:Ngihngligiaohngvchuynchngtnngnhngchuynchngt(cthlngnhngthngbo)Bc7:Ngnhngchuynchngtkimtrachngt,xuttrnhchngtnngnhngphthnhBc8:Ngnhngphthnhkimtrachngt;thngboktqukimtrachngtchongiyucuvthchinthtcthanhtonBc9:NgnhngphthnhxuttrnhchngtchongiyucuBc10:Ngiyucukimtrachngt,thanhtonvnhnchngt5/7/2012hththuy091122

L/Cavailablewiththenominatedbankbynegotiation(LCcgitrtingnhngcchnhbngcchchitkhu)Beneficiary(Buyer)6.Xuttrnhchngt7.Chitkhuchngt10.Xuttrnhchngt11.Thanhtonvnhnchngt

AdvisingBankNominatedNegotiatingBank

8.Xuttrnhchngt

9.Kiemtrachngt,thchienthutuchoantra

IssuingBank

(Seller)Applicant5/7/2012hththuy091123

L/Cavailablewiththenominatedbankbysightpayment(LCcgitrtingnhngcchnhbngcchtrtinngay)Beneficiary(Buyer)

6.Xuttrnhchngt

7.Trtin

NominatedpayingBank

8.Xuttrnhchngt9.Kiemtrachngt,thchienthutuchoantra

10.Xuttrnhchngt11.Trtinvnhnchngt

IssuingBank

5/7/2012hththuy091124

8

5/7/2012

(Seller)ApplicantL/Cavailablewiththenominatedbankbydeferredpayment(LCcgitrtingnhngcchnhbngcchtrtinsau)Beneficiary(Buyer)

6.Xuttrnhchngt

7.Nhnchngtvcamktthanhtonkhiohn

10.Xuttrnhchngt11.Camktthanhtonvnhnchngt,thanhtonkhiohn

NominatedpayingBank

8.Xuttrnhchngt9.Kimtrachngt,camktthanh

IssuingBank

thanhtonkhio(Seller)Applicanttonvthchin5/7/2012hththuy091125hn

L/Cavailablewiththenominatedbankbyacceptance(LCcgitrtingnhngcchnhbngcchchpnhn)Beneficiary(Buyer)

6.Xuttrnhchngt

7.Kchpnhnhiphiu

10.Xuttrnhchngt11.Camktthanhtonvnhnchngt,thanhtonkhinhn

NominatedpayingBank

8.Xuttrnhchngt9.Kimtrachngt,thchienhoantrakhi

IssuingBank

nhn5/7/2012hththuy091126

7.5Thtndngletterofcredit

KhinimTnhchtNidungCcloithtndng

5/7/2012hththuy091127

9

5/7/2012

Khinim

Thtndng(LetterofCredit)lmtchngthtrongngnhngphthnhL/CcamktthanhtonchonhxutkhununginyxuttrnhcccchngtphhpvicciukhonviukincaL/C.

5/7/2012hththuy091128

Theoiu2,UCP600:

Tndnglmtthathunbtk,chodcmthocgitnnhthno,thhinmtcamktchcchnvkhngthhyngangcaNHPHvvicthanhtonkhixuttrnhphhpCreditmeansanyarrangements,howevernamedordescribed,thatisirrevocableandtherebyconstitutesadefiniteundertakingoftheissuingbanktohonouracomplyingpresentation

5/7/2012hththuy091129

TnhchtL/ChnhthnhtrncscahpngmuabnL/ChontonclpvihpngmuabnXemxttnhclptrongccmiquanhgiaccchthtrongquitrnhXemxttnhclpgiaitngcahpngvitngcaLCL/Cyucutunthtuyti(Yucuchngtxuttrnhhontonphhp)

5/7/2012hththuy091130

10

5/7/2012

Acreditbyitsnatureisaseparatetransactionfromthesalesorothercontractonwhichitmaybebased(trchieu4,UCP6002007ICC)

Banksdealwithdocumentsandnotwithgoods,servicesorperformancestowhichthedocumentsmayrelate(ieu5,UCP6002007ICC)

5/7/2012hththuy091131

Applicant(Buyer)

Contract

Beneficiary(Seller)

ApplicationforL/CL/CIssuingBank

5/7/2012hththuy091132

NidungShiuL/C-CcbnlinquannL/C-Tpqunpdng-StincaL/C,iukindungsai-CchthcthchinL/C-Thihnhiulc,aimhthnhiulc,thihnxuttrnhchngt-Thihnthanhton-Thihngiaohng-aimgiaohng-Quinhvgiaohngtngphn-Quinhvchuynti-Mthngha-Quinhvchngtphixuttrnh-Cciukhonbsung,ccquinhvphngnhng-Ccchthivingnhngcchnh5/7/2012hththuy091133

11

5/7/2012

L/CmuSenderBank:EACBVNVXXXDONGABANK(HOCHIMINHCITYVN)InputMessageType:700Receiver:SCBLCNSXQDOSTANDARDCHARTEREDBANK,CHINA27/SEQUENCEOFTOTAL1/140A/FORMOFDOCUMENTARYCREDITIRREVOCABLE20/DOCUMENTARYCREDITNO.0129/IM/ID/085/7/2012hththuy091134

31C/DATEOFISSUE08033131D/DATEANDPLACEOFEXPIRY080505CHINA50/APPLICANTSADACO200BISABCSTR.,DIST.3HOCHIMINHCITY,VIETNAM59/BENEFICIARYTIANXIANGCO.,LTD.INDUSTRYANDTRADEZONEOFBEIYUAN,JUNANCOUNTY,SHANDONGPROVINCE,CHINA5/7/2012hththuy091135

32B/CURRENCYCODEAMOUNTUSD63000,0039B/MAXIMUMCREDITAMOUNTNOTEXCEEDING41D/AVAILABLEWITHANYBANKBYNEGOTIATION42C/DRAFTSATBENEFICIARYSSIGHTDRAFT(S)INDUPLICATEFOR100PCTINVOICEVALUE42D/DRAWEEEACBVNVXXX

5/7/2012hththuy091136

12

5/7/2012

43P/PARTIALSHIPMENTSNOTALLOWED43T/TRANSSHIPMENTNOTALLOWED44E/PORTOFLOADING/AIRPORTOFDEPARTUREANYPORTINCHINA44B/PORTOFDISCHARGE/AIRPORTOFDESTINATIONCATLAIPORT,HOCHIMINHCITYPORT44C/LATESTDATEOFSHIPMENT0804285/7/2012hththuy091137

45A/DESCR.GOODSAND/ORSERVICESONEUNITZSKCOMPUTERISEDEMBROIDERYMACHINESPECIFICATION:TYPE:MSCA-X1809/330-700-9NEEDLES,PRODUCTIONIN2000,QUALITY:SECONDHAND80PCT,CURRENTDATA:1PHASEAC220VOLT,EMBROIDERYFIELD:18HEADSAREINOPERATION:700X330MMPERHEAD(SINGLEMOTIFS),700X5.940MM-18HEADS(BORDER)FUNCTIONALFEATURES:MEMORY:450.000/STITCHES,COLOURMONITOR,DOUBLEDISKDRIVE,UPPERANDUNDERTHREADDEDECTORSINGLEFRAMEACCESSORIESTOTALAMOUNT:USD63,000.00CIFCATLAIPORT,HOCHIMINHCITY5/7/2012hththuy091138

46A/DOCUMENTSREQUIREDORIGINALDOCUMENTSREQUIRED:(ALLIN3UNLESSOTHERWISEINDICATED)+SIGNEDCOMMERCIALINVOICE+FULLSET3/3OFORIGINALCLEANONBOARDOCEANBILLSOFLADINGSHOWINGLCNUMBERANDONENONNEGOTIABLECOPYMADEOUTTOTHEORDEROFDONGABANKSHOWINGAPPLICANTASNOTIFYPARTYMARKEDFREIGHTPREPAID+FULLSETOFMARINEINSURANCEPOLICYORCERTIFICATEFOR110PCTOFINVOICEVALUETOBECOVEREDBYTHESHIPPER,BLANKENDORSED,STIPULATINGCLAIMPAYABLEINHOCHIMINHCITY,VIETNAMCOVERINGINSTITUTECARGOCLAUSES(A)(ALLRISKS),INSTITUTESTRIKES,RIOTSANDCIVILCOMMOTIONSCLAUSES,INSTITUTEOFWARCLAUSES+SIGNEDDETAILEDPACKINGLIST+QUANTITYANDQUALITYINSPECTIONCERTIFICATEISSUEDBYSGS5/7/2012hththuy091139

13

5/7/2012

47A/ADDITIONALCONDITIONS+ALLDRAFT(S)ANDDOCUMENTSINENGLISHQUOTINGTHISL/CNO.+B/LDATEDPRIORTOTHISCREDITNOTACCEPTABLE71B/CHARGESALLCHARGESOUTSIDEVIETNAMANDREIMBURSEMENTCHARGESFORBENEFICIARYSACCOUNT48/PERIODFORPRESENTATIONDOCUMENTSTOBEPRESENTEDWITHIN07DAYSAFTERTHEDATEOFSHIPMENTBUTWITHINTHEVALIDITYOFTHECREDIT49/CONFIRMATIONINSTRUCTIONSWITHOUT

5/7/2012

hththuy091140

78/INSTRUCTIONSTOPAY/ACC/NEGBK+PAYMENTWILLBEEFFECTEDASPERNEGOTIATINGBANKSINSTRUCTIONSAFTERSHIPPINGDOCUMENTSHAVEBEENRECEIVEDBYUSINSTRICTCOMPLIANCEWITHL/CTERMSANDCONDITIONS+ADISCREPANCYFEEOFUSD50WILLBEDEDUCTEDFROMPROCEEDSFOREACHSETOFDISCREPANTDOCUMENTS+FORWARDDOCUMENTSTOUSINTWOLOTS,FIRSTBYDHLANDSECONDBYREGISTEREDAIRMAIL+THEREIMBURSEMENTUNDERTHISCREDIT,IFAPPLICABLE,ISSUBJECTTOTHEURR,ICCPUBLICATIONNO.72557D/ADVISETHRUBANKNAME/ADDRINDUSTRIALANDCOMMERCIALBANKOFCHINA(ZHEJIANGPROVINCIALBRANCH),HANGZHOUCN5/7/2012hththuy091141

MtsloithtndngRevocableL/C(L/Ccthhyngang)IrrevocableL/C(L/Ckhngthhyngang)ConfirmedL/C(L/Cxcnhn)TransferableL/C(L/Cchuynnhng)BacktobackL/C(L/Cgiplng)RedclauseL/C(L/Cciukhon)RevolvingL/C(L/Ctunhon)StandbyL/C(L/Cdphng)

5/7/2012hththuy091142

14

5/7/2012

RevocableL/C(L/Ccthhyngang)

L/CcthhynganglloiL/Ctheongnhngphthnhcthsaibsungmkhngcncsngcangihngli.

5/7/2012hththuy091143

IrrevocableL/C(L/Ckhngthhyngang)

LloiL/CsaukhimranumuncsaibsungphicsngcaccbnLloiL/Ccbncpdngphbin

5/7/2012hththuy091144

ConfirmedL/C(L/Ccxcnhn)

LloiL/CtheongnhngphthnhyucumtngnhngkhcxcnhnLC.Bncnhcamktthanhtoncangnhngphthnh,ngnhngxcnhncngaracamktthanhtonkhibchngtphhp.

5/7/2012hththuy091145

15

5/7/2012

QuitrnhthanhtonLCcxcnhn

Beneficiary(Seller)

4.Giaohng

Applicant(Buyer)

3.ThngboLCcxcnhn5.Xuttrnhchngt6.Thanhton/chitkhumintruyi

1.YucumLCcxcnhn9.Xuttrnhchngt10.Thanhton,nhnchngt

AdvisingBankConfirmingBank

2.PhthnhLCyucucxcnhn7.Xuttrnhchngt

IssuingBank

8.Thanhtonbihon5/7/2012hththuy091146

TransferableL/C(L/Cchuynnhng)

LloiL/CtheongihngliutincthchuynnhngtngphnhaytonbtrgiL/Cchomthocnhiungihnglithhai.

5/7/2012hththuy091147

QuitrnhthanhtonL/Cchuynnhng(TransferableL/C)

BuyerIssuingbank

4.Giaohng

1.PhthnhtransferableLC-100AdvisingbankMiddleman

SellerSellersbank3.TransferredL/C-80

7.Xuttrnhchngt

10.Tr202.Yucuchuynnhng

6.Thaythchngt5.XuttrnhchngtTransferbank8.Thanhtonbihon9.Tr805/7/2012hththuy091148

16

5/7/2012

BacktobackL/C(L/Cgiplng)

LmtL/CcmratrncsmtL/Ckhc.NgibnsaukhinhncmtL/Cmchomnhhng(masterL/C)dngL/CnythchpmmtL/Ckhc(backtobackL/C)chomtngikhchng.

5/7/2012hththuy091149

QuitrnhthanhtonL/Cgiplng-(backtobackLC)

BuyerIssuingbank

(4b).Giaohng1.PhthnhMasterL/C-100AdvisingbankMiddleman

4aGiaohng

SellerSellersbank3.MBBLC-80

8.Xuttrnhchngt

10.Tr20-2.YucumBBLC

5.7.Thaythchngt(+B/L)tXuttrnhchngBBbank

9.Thanhtonbihon

6.Tr80

5/7/2012

hththuy0911

750

RedclauseL/C(L/Cciukhon)

LL/Ctheongnhngphthnhchophpngihnglicngtrctintrckhigiaohng.

5/7/2012hththuy091151

17

5/7/2012

VdvredclauseLC

Thenegotiatingbankisherebyauthorizedtomakeadvancetothebeneficiaryuptoanaggregateamountupto200,000USD(20%oftheamountofLC).Theadvanceswiththeinterestoftherulingrateofexchangeatthetimeofpaymentofsuchadvancearetobedeductedfromtheproceedsofthedraftdrawnunderthiscredit5/7/2012hththuy091152

Weherebyauthorizeyoutomakesuchadvances,whicharetoberepayedwithinterest,fromthepaymenttobemadeunderthecreditItisunderstoodthatthemakingoftemporaryadvancesorthepaymentstobemadetotheabovementionedbeneficiaryshouldbeoptionalonthepartofyou

5/7/2012hththuy091153

RevolvingL/C(L/Ctunhon)LloiL/Csaukhisdngxonglicgitrtiptcchonkhitngtrgicthchin.Tunhontng:L/Ctngcgitrnhckhngcncsthngbocangnhngphthnh.Tunhonbntng:nusaumtsngynhtnhktngyhthiulcmngnhngphthnhkhngcthngbogthL/Ctngcgitrnhc.Tunhonhnch:chkhinongnhngphthnhthngbochongihnglithL/Cmicgitrtrlinhc.5/7/2012hththuy091154

18

5/7/2012

StandbyL/C(L/Cdphng)

LLCtheongnhngphthnhtheoyucucakhchhngcamktthanhtonkhingihnglixuttrnhchngtphhp(ccchngtnylbngchngchothyvickhngthchinnhngnghavcangiyucumthtndngdphng)

5/7/2012hththuy091155

From:..To:Amount:Infavourof:Theaccountparty:Expirydate:Documentsrequired:Amanualsignedstatementcontainsthefollowingstatement:Weherebycertifythattheaccountpartyhasfailedtoperformunderthetermsofthecontract(no.,date,betweenand.Andasaresultowesus5/7/2012hththuy091156

Weguaranteeforyouthatiftheobligationincumbentuponinaccordancewiththecreditarenotfullfiledbythebuyer,wewillrefundthesumofwithinterestagainstwrittennotificationandcertificatebyyourABCcompany

5/7/2012hththuy091157

19

5/7/2012

LCing(reciprocalLC)

LCthnhtchcgitrkhiLCthhaicm.LCthhaicgilLCing(reciprocalLC)

5/7/2012hththuy091158

Vd

ThiscreditshallnotbeavailableunlessanduntilthereciprocalcreditisestablishedbyABCbankinfavorofforamountofevidencingshipmentfrom

5/7/2012hththuy091159

20