OME THE GOLD LTD

This Sale-Purchase Agreement Contract (SPAC) was made and entered into this day Date____ by- and -between:

1.SCOPE OF CONTRACT

A. WHEREAS, the SELLER hereto, with full legal and corporate responsibility, warrants that they have reliable sources under legal authority from the rightful owners of a specified quantity and quality of Gold Bars and hereby agree to sell to the BUYER hereto the quantity and quality of Gold Bars to the BUYER hereto;

B. WHEREAS, the BUYER hereto warrants that they are capable of purchasing with full legal and corporate responsibility, from the SELLER hereto the aforesaid quantity and quality of Gold BARS, and hereby enter into this SPAC to purchase from the SELLER hereto the aforesaid quantity and quality of Gold BARS. 

C. WHEREAS, the SELLER and the BUYER both agree to implement this contract under the terms and conditions within 15 days of signature date of agreement;

This contract is considered cancelled if it is not implemented during the aforementioned period (15 days). The product offered for sale is subject only to the terms and conditions contained in this contract and strictly confidential between the Buyer and the Seller and it is therefore agreed as follows:

NOW THEREFORE, for and in consideration of the mutual covenants herein contained, both Parties hereto hereby agree to willingly bind and obligate themselves to act and perform as follows, to wit:

2.TRANSACTION CODE

a) Both parties hereto hereby agree that the Transaction Code under this SPAC shall be known as;

• Seller’s Transaction Code: OGL/CIF-22
•  Buyer’s Transaction Code:
•  Transaction Code: 

b) Both parties hereto hereby agree that all communications, agreements, commitments or directives pertaining to the conduct of the said transaction under this SPAC shall always bear the Transaction Code as specified under Clause 1.0 (a) above for identity. 

3.PRODUCT DESCRIPTION/SPECIFICATIONS

We, the Buyer and the Seller, respectively, hereby confirm the sale and purchase of the Gold Dore Bars on the following specific Terms and Conditions

4.DELIVERY TERMS

Both Parties hereby agree that the DELIVERY TERMS under this SPAC shall be CIF to the SELLER’S final destination. 

5.DOCUMENTATION

a. The SELLER hereby agrees that this consignment (1000 KGS) of gold shipped shall be accompanied by the following documents:

i. Packing list showing quantity and quality

ii. Assay report

iii. Ownership Certificate

iv. Air way Bill (Original copy)

v. Origin Certificate from Country of Export (Country of Origin)

vi. Export permit

vii. Custom's declaration Certificate indicating that the gold is free and is of no criminal origin.

viii. Commercial invoice, Certificate of Origin and chamber of Commerce stamp from Exporting country

6.TAXES AND DUTIES

a. The SELLER hereby undertakes to pay all taxes, duties imposed by the Country of Origin pertaining to exportation of gold and documentation.

b. The BUYER shall pay all taxes and duties imposed at the country of destination pertaining to the importation of gold, the subject matter of this SPAC.

7.SHIPMENT PROCEDURE

The BUYER shall hire a Private Jet from a reputable Charter Company licensed by Kenya Aviation Authority (KAA) to ship the Gold to their final destination.