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|   | TRADING TERMS AND CONDITIONS (cont'd) |
| 2. | CONTRACTUAL STATUS OF CUSTOMER |
|   | The Customer entering into any transaction or business with the Company are hereby deemed expressly to |
|   | warrant that they are the Owner or the authorized agent of the Owner. Where the Customer act as the agent of |
|   | the Owner,the Customer also accepts personal liability to the Company (but without prejudice to any other rights |
|   | or remedies of the Company against the Owner and so that in respect of such transaction of business, the |
|   | Company is entitled to enforce its rights or remedies (including without limitation the right to recover any sum |
|   | payable to the Company) against the Customer and the Owner jointly and severally. |
|   | 3. | CONTRACTUAL STATUS OF THE COMPANY |
|   | The Company shall be entitled to perform any of its Services or exercise any of its powers or discretions |
|   | hereunder by itself or its parent,subsidiary or associated companies. In the absence of agreement to the contrary, |
|   | any contract to which these Conditions apply is made by the Company on its own behalf and also as agent for |
|   | and on behalf of any such parets,subsidary or associated company and any such company shall be entitled to the |
|   | benefit of these Conditions. |
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| 4. | COMPANY'S AUTHORITY |
| 4.1 | The Company is authorised to act on behalf of the Customer to select, engage and enter contract or agreement |
|   | (whether in the name of the Customer or otherwise) with any carriers, truckmen, forwarders, receiving or |
|   | delivery agent,packers,warehousemen and other persons (together "3rd party, and individually "3rd party") |
|   | to receive,forward,transport,store,deliver or otherwise deal with the goods and such persons shall be deemed |
|   | to be and act as agent of the Customer. |
| 4.2 | The Company is authorised to act on behalf of the Customer to act or to enter into any contract or arrangement |
|   | without prior consultation with or further authorisation from the   Customer   AND   the   Company is not |
|   | required unless specifically requested by the Customer in writing, to inform the Customer of the terms and |
|   | conditions or details of the contracts or arrangements or acts entered into or taken by the Company. |
| 4.3 | Where the Company enters into a contracts on behalf of the Customer in its own name with any 3rd party for any |
|   | purposes, the Company is not itself a carrier, nor does the Company make or purport to make any contract as a |
|   | principal with the customer for the carriage, storage, packing, unpacking, transportation, transhipment, loading, |
|   | unloading, or other handling of the goods. |
| 4.4 | Without prejudice to the exceptions and limitation contained in these Conditions, the Company shall be entitled to |
|   | the benefit of all exceptions and limitation in favour of any 3rd party expressly contained or implied in the |
|   | Company's contract with such 3rd party under such contract. |