This Chart is designed to provide a basic understanding of Incoterms 2010 Rules and Definitions. For a fuller explanation of the trade terms, refer to the. incoterms ® 2010 quick reference chart www.phoenixintl.com incoterms ® 2010 incoterms ® is a registered trademark of the international chamber of commerce. contracts made under Incoterm 2010 training Incoterm 2010 insurance remain valid even after 2011. Moreover trade terms, although we recommend using INCOTERM after.