STANDARD TERMS & CONDITIONS FOR FREIGHT FORWARDING

Scope

1.1. Any and all logistics services provided by ADSO L.L.C, its sister, holding or associated companies (hereinafter collectively referred to as the “Company”) to the “Customer” shall be subject to these Standard Terms and Conditions.

1.2. The Standard Terms and Conditions apply to any and all services provided by the Company unless the Company and the Customer expressly negotiate different terms by concluding a separate contract.

Third Party Services

2.1. Unless the Company carries, stores or otherwise physically handles the shipment, and loss, damage, expense or delay occurs during such activity, the Company assumes no liability as a carrier and is not to be held responsible for any loss, damage, expense or delay to the Goods to be forwarded or imported except as provided in Paragraph 8 and subject to the limitations of Paragraph 9 below, but undertakes only to use reasonable care in the selection of carriers, truckers, ground handlers, forwarders, customs brokers, agents, warehousemen, lightermen and others to whom it may entrust the Goods for transportation, cartage, handling and/or delivery and/or storage or otherwise.

2.2. When the Company carries, stores or otherwise physically handles the Goods, it does so subject to the limitations of Paragraph 9 below, unless a separate air waybill, CMR, bill of lading, or other contract of carriage is issued by the Company, in which event the terms thereof shall govern.

Liability Limitations of Third Parties

3.1. The Company is authorized to select and engage carriers, truckmen, lightermen, forwarders, customs brokers, agents, warehousemen and others, as required, to transport, store, deal with and deliver the Goods, all of whom shall be considered the agents of the Company, and the Goods may be entrusted to such agencies subject to all conditions as to limitations of liability for loss, damage, expense or delay and to all rules, regulations, requirements and conditions, whether printed, written or stamped, appearing in air waybills, bills of lading, CMR, other transport documents, receipts or tariffs issued by such carriers, truck men, lightermen, forwarders, customs brokers, agents, warehousemen, and others.

3.2. The Company shall under no circumstances be liable for any loss, damage, expense or delay to the Goods for any reason whatsoever when said Goods are in the custody, possession or control of third parties selected by the Company to forward, enter, clear, transport or render other services with respect to such Goods.

Communication

4.1. The Customer warrants that each and every of the Instructions given to the Company is lawful, valid and performable.

4.2. The Customer warrants that the information provided to the Company concerning the Goods is sufficient and correct.

4.3. Any instructions provided by the Customer to the Company will be valid only if given in writing, acknowledged by the Company in writing and given in sufficient time in all the circumstances for the Company reasonably to be able to adopt the instructions.

4.4. Instructions provided by any means other than email, or instructions given late, even if received by the Company without comment, shall not be binding upon the Company. No attempt by the Company to adopt late instructions will constitute an acceptance by the Company or affect the validity of those instructions.

4.5. Notwithstanding any prior dealings between the Company and the Customer or any rule of law or equity or provision of any statute or regulation to the contrary, or any contracts, documents and other matter (including cash, cheques, bank drafts and other remittances) sent to the Company through the post shall be deemed not to have been received by the Company unless and until they are actually delivered to the Company at its office address or placed in the Company's post office box, if so addressed.

4.6. Except under special arrangements previously made in writing, the Customer warrants that the Goods are not the dangerous Goods as defined under binding documents such as laws, regulations, international conventions, nor are other Goods likely to cause damage. Should the Customer nevertheless deliver any such Goods to the Company or cause the Company to accept or handle or deal with any such Goods otherwise than under special arrangements previously made in writing, the Customer shall be liable for all expenses, losses, damages whatsoever caused, fines and claims in connection with the Goods howsoever arising. The Company or other persons in actual control of the Goods has the right to decide whether the Goods are dangerous Goods without notice to the Customer and shall be entitled to destroy or otherwise dispose of the Goods at the risk and expenses of the Customer.

Choosing Routes, Carriers, Agents

5.1. Unless express instructions in writing are received from the Customer, the Company has complete freedom in choosing the means, routes, carriers and procedures to be followed in the handling, transportation and delivery of the Goods.

Quotations Not Binding

6.1. Quotations as to fees, rates of duty, freight charges, insurance fees or other charges given by the Company to the Customer are for informational purposes only and are subject to change without notice and shall not under any circumstances be binding upon the Company unless the Company in writing specifically undertakes the handling or transportation of the shipment at a specific rate.

Declaring Higher Valuation

7.1. Inasmuch as truckers, carriers, warehousemen and others to whom the Goods are entrusted (collectively “The Third Parties”) usually limit their liability for loss or damage unless a higher value is declared and the charge based on such higher value is accepted by any such Third Party, the Company must receive specific written instructions from the Customer to pay such higher charge based on valuation and any such Party, must accept such higher declared value; otherwise the valuation placed by the Customer on the Goods shall be considered solely for export or customs purposes and the Goods will be delivered to the Third Party subject to the limitation of liability set forth herein in paragraphs 9-10 below with respect to any claim against the Company and subject to the provisions of paragraph 1 above.