"Maersk India P Ltd

As Agents                            

Safmarine Container Lines"

Vessel/Voyage:

IGM no:

B/L no:

Item no:

Container no:

We confirm that we are the consignees and the owners of the cargo stuffed into the

subject container/s and which have arrived per m.v. ____________________ under

your agency. In consideration of your permitting us to move the subject container/s

to our factory premises at _________________________ we hereby give our

Irrevocable undertaking to you as under:

1) We hereby agree and undertake to bring to your notice in writing the damage, if

any, to the container/s prior to our taking delivery of the same from the PORT/CFS

for moving, at our costs, to our aforesaid premises for destuffing. In the absence of

any written notice of any damage to the container/s, the container/s shall be

deemed to have been delivered to us in good order and sound condition.

2) We hereby agree and undertake to return the aforesaid container/s in good

order and sound condition at the site nominated by you.

3) We hereby agree and undertake to pay you on demand the amount

in respect of any loss/damage sustained by the container/s. In this connection, your

surveyor's report certifying the loss/damage as well as the amount of loss

determined by them shall be final and binding on us, even though we may not be

present during the survey.

4) We hereby agree and undertake to destuff the aforesaid container/s

immediately and return them expeditiously to you, at our cost, at the nominated

site.

5) We hereby agree and undertake not to withhold your aforesaid container/s

beyond reasonable period of time and in any event not more than 15 days from the

date of only taking delivery of the same for the purpose of destuffing at our aforesaid

premises.

6) We hereby agree and confirm that we are liable to pay you on demand not only

for the loss or damage sustained by the container/s but also for Customs Penalties if

applied and the container detention charges on expiry of the free days beginning

from 8.00 a.m. the day following the date on which the containers have landed

in _______ Port , at the current container detention charges as under:

For Dry Containers

USD 8.50 per calendar day or part thereof per TEU for the first 7 days

USD 13.50 per calendar day or part thereof per TEU for the next 7 days

USD 17.50 per calendar day or part thereof per TEU for the next 7 days

USD 48.00 per calendar day or part thereof per TEU thereafter

For Reefer Containers, 1 free day, thereafter

20' 40'

For the first 7 days USD 30.00 USD 45.00

For the next 7 days USD 40.00 USD 60.00

Thereafter USD 50.00 USD 75.00

We hereby confirm that the current rate of exchange will be applicable for converting

the amount in Indian currency.

We also hereby agree and confirm to pay other related costs/expenses including

Customs Fines/Penalties if any.

7) We hereby agree and undertake to deposit such amount and/or furnish desired

security for such amount that you may calculate to be payable by us either for value

of the container/s and/or towards the container detention charges.

8) We hereby agree and undertake to indemnify you against all third party claims,

costs, charges, expenses and/or liability whatsoever in the event of any loss or

damage caused to the property of any person and/or in the event of any injury

and/or death caused to any person arising out of the use, operation or possession of

your aforesaid containers by us and/or servants and/or by our employees and/or by

any person/s and or servants upon our having taken delivery of the container/s from

the Port/CFS until expiry of 24 hours from the time returned to you at the site from

where it was taken delivery of or at the site nominated by you.

9) We hereby agree and undertake to give you a written intimation of the return of

the containers as soon as possible, in any event not later than 12 hours after

returning the above container/s at the site from where they were taken delivery or at

the site nominated by you.

10) We hereby agree and undertake to furnish you the documents bearing the

endorsement of the customs authorities showing the date on which the container/s

were returned by us to the Port/C.F.S. and/or the site nominated by you, within 1

week from the date of return of the container/s at the above referred places.

Thanking you,

Very truly yours,

N.B: To be signed by the consignees under the company's rubber stamp and

showing the full address duly attested by their bank and counter signed by their

clearing agent with their complete address.

CLEARING AGENTS ADDRESS                                CONSIGNEE SIGNATURE AND

STAMP AND SIGNATURE                                        SIGNATURE VERIFIED BY THE

                                                                                       BANKERS

                                                                                    BANKERS STAMP/SEAL AND

                                                                                    SIGNATURE.