The following are the terms and conditions we find acceptable for Letters of Credit. Compliance with these instructions will ensure prompt handling and dispatch of your order. Your compliance will also minimize the costs involved. Failure to comply with these instructions will result in delays and increased costs. Certain destinations may require an additional documentation fee.

Please open an irrevocable Letter of Credit by full SWIFT. The Letter of Credit must comply to UCP 500 Standards.

1. Beneficiary:

   Omni Data Systems, Ltd., L.L.P.
   P.O. Box 691828
   Houston, Texas 77269-1828 USA

2. The Letter of Credit is to be advised by the following bank whenever possible.

   Sterling Bank
   Attn: International Banking Group
   840 Gessner #150
   Houston, Texas 77024, USA

3. The Letter of Credit is to be available with any bank by negociation, and provide for reimbursement in the US by teletransmission.

4. The amount of the Letter of Credit is to be expressed in US Dollars only.

5. All banking charges, amendments, and reimbursement fees are for the account of the Buyer/Applicant and must be so stated on the Letter of Credit.

6. Exports shall be ExWorks Houston, Texas via air to your customs airport. Buyer/Applicant is responsible for all inland freight charges.

7. Documents Required:
   • Commercial Invoice
   • Packing List
   • Proof of Shipment consisting of a clean Air Waybill, Air Consignment Note, or Forwarders Receipt.
   • Under Omni Data Systems quote, Insurance is for Buyer/Applicant Account and freight is collect.

8. Payment/draft at sight.
9. All Letters of Credit must be confirmed by Sterling Bank.
10. Transshipments shall be allowed.
11. Presentation of Documents: 21 days from the date of the transport document.
12. Expiration of Letter of Credit: Please allow for 90 days. More time may be required for special equipment.
13. Production begins after ODS's approval of an acceptable Letter of Credit.
14. Please consider these options when applicable: Allow for partial shipments and partial drawings/payments.
15. Freight Forwarder: Freight costs are based on shipments through our various freight forwarders. At its option, the Buyer may select their own freight forwarder.

If you or your bank are unable to comply with these terms and conditions or if you have questions, please contact ODS through one of the following channels:

1. Email to the Accounting Manager at acctmgr@omnidatasys.net
2. Sales Administrator: 800-725-2345
3. Sales / Order Fax: 281-469-5841