TO: John Doe ABC Company 555 555 6789
DEAL ID:    123456789
BROKER:    SAMPLE BROKER COMPANY
COMMENTS:    ZZZ
We hereby confirm that, acting as agent on your instructions, we have arranged the following deal on your behalf:

TRADE DATE: JANUARY 26, 2020 7:24:00 PM GMT
COMMODITY TYPE: FUEL OIL 180CST SINGAPORE
QUANTITY PER DETERMINATION PERIOD: 0 MT MONTHLY
TOTAL QUANTITY: 0 MT
FIXED PRICE PAYOR: SALLY SMITH, XYZ COMPANY    555 555 1234
FLOATING PRICE PAYOR: JOHN DOE, ABC COMPANY    555 555 6789
STRIP: XXX20
EFFECTIVE DATE: JAN 26, 2020
TERMINATION DATE: JAN 26, 2020
FIXED PRICE: 0.00 USD / MT
DETERMINATION PERIODS: MONTHLY TRADING PERIOD(S) COMMENCING WITH THE EFFECTIVE DATE AND ENDING ON THE TERMINATION DATE.
FLOATING PRICE: TO BE BASED ON THE ARITHMETIC AVERAGE OF THE MEAN OF THE DAILY QUOTATIONS APPEARING IN 'PLATT'S ASIA-PACIFIC MARKETSCAN' UNDER THE HEADING 'SINGAPORE' FOR 'HSFO 180 CST PHYSICAL CARGOES' QUOTATION FOR EACH BUSINESS DAY IN THE DETERMINATION PERIOD.
SETTLEMENT: CASH SETTLED IN USD
SETTLEMENT DATES: THE LAST PRICING DAY IN EACH DETERMINATION PERIOD.
PAYMENT DATES: FOURTEEN (14) CALENDAR DAYS AFTER EACH SETTLEMENT DATE VIA WIRE TRANSFER OF FEDERAL FUNDS.
OTHER TERMS: TO BE CONFIRMED DIRECTLY BETWEEN THE ABOVE PARTIES IN THEIR FULL FORM OF CONTRACT. TERMS OF ANY MASTER AGREEMENT(S) BETWEEN THE TWO COUNTERPARTIES TAKE PRECEDENCE OVER THE TERMS OF THIS CONFIRMATION.
SEF TERMS: THE TRANSACTION WILL INCORPORATE AND BE SUBJECT TO THE TERMS OF THE REFERENCED ISDA COMMODITY DERIVATIVES DEFINITIONS, AS AMENDED AND SUPPLEMENTED AS OF THE DATE HEREOF, ANY APPLICABLE PUBLISHED STANDARD TERMS SUPPLEMENT AS OF THE DATE HEREOF FOR THE RELEVANT TRANSACTION TYPE AND REFERENCE ENTITY, AND ANY APPLICABLE MASTER AGREEMENT (INCLUDING ANY CREDIT SUPPORT ARRANGEMENT) BETWEEN THE PARTIES. FOR THE AVOIDANCE OF DOUBT, THIS CONFIRMATION LEGALLY SUPERSEDES ANY CONTRADICTORY TERMS FOUND IN ANY FREESTANDING NEGOTIATED AGREEMENTS THAT THE PARTIES MAY HAVE ENTERED INTO RELATING TO THIS TRANSACTION OR TO TRANSACTIONS GENERALLY.

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