COMMERCIAL BANK OF THAT TOWN Date: Oct． 5, 2008 To: China National Cereals, Oils & Foodstuffs Corporation Beijing, China Advised through Bank of China, Beijing No． BOC08/10/05 DOCUMENTARY LETTER OF CREDIT Dear Sirs, You are authorized to draw on China National Cereals, Oils &Foodstuffs Corporation for a sum not exceeding Can $120000(Say Canadian dollars one hundred and twenty thousand only)available by draft drawn on them at sight accompanied by the following documents: Full set of Clean On Board Bills of Lading made out to order and blank endorsed, marked "freight to collect" dated not later than November 30, 2008 and notify accountee． Signed Commercial Invoice in quintuplicate． Insurance Policies(or Certificates)in duplicate covering Marine and War Risks． Evidencing shipment from China port to Montreal, Canada of the following goods: 50000 tins of 430 grams of Great Wall Brand Strawberry Jam, at Can $2.50 per tin CFRC 3% Vancouver, details as per your S/C No． 08/8712． Partial shipments are not allowed． Transhipment is prohibited． This credit expires on November 30, 2008 for negotiation in China． ……合同条款 卖方：中国粮油食品公司(China National Cereals，Oils &Foodstuffs Corporation) 买方：温哥华香港食品公司(Hong Kong Food Company，Vancouver) 商品名称：长城牌草莓酱(Great Wall Brand Strawberry Jam) 规格：340克听装 数量：50000听 单价：CFR温哥华每听2.50加元，含佣金3% 总值：125000加元 装运期：2008年11月自中国港口运往温哥华，允许转船和分批装运。 付款条件：凭不可撤销的即期信用证付款。信用证议付有效期应为最后装运期后第15天在中国到期。