TO BE TYPED ON STAMP PAPER OF Rs50 – 20` & Rs100 – 40`

M/S TRANSOCEAN FREIGHT SERVICES P. LTD.

C/O TRAVEL PLANNERS P LTD.

A-244, MAHIPALPUR EXTN.,

NEW DELHI 110037.

RE: - MOVEMENT OF CONTAINERS FROM ICD, TUGHLAKABAD, NEW DELHI FOR FACTORY STUFFING /DE-STUFFING.

 SITE AT …………………………………………………………………………………………….

CONTAINER NOS. …….………………..………………………………………………………….

WE M/S (YOUR COMPANY’S NAME)

DO HEREBY AGREE AND UNDERTAKE FOR OURSELVES AND OUR SUCCESSORS ASSIGNS TO INDEMNIFY AND KEEP YOU AND/OR YOUR SECCESSORS AND ASSIGNS TO INDEMNIFY AGAINST ALL CLAIMS, LOSSES, DEMANDS, DAMAGES AND COSTS OF ANY NATURE WHATSOEVER THAT MAY BE MADE ON YOU BY ANYBODY IN ANYCAPACITY OF SUSTAINED OR INCURRED BY YOU INCONSEQUENCES OF YOUR HAVING EXECUTED THE SAID INDEMNITY BOND AND WE HEREBY AGREE AND CONFIRM TO ABIDE BY THE FOLLOWING TERMS AND CONDITIONS:

1                     THE SHIPPER / CONSIGNEE AND / OR THEIR CLEARING AGENTS, CONTAINERS/TRANSPORTERS AND / OR THEIR EMPLOYEES AND SERVANTS SHALL TAKE ALL REASONABLE CARE TO ENSURE THAT THE CONTAINERS ARE KEPT IN A SUITABLE AND USABLE CONDITION FOR ALL OF WHOSE ACTS OF OMISSION AND COMMISSION THE SHIPPER/CONSIGNEE IS SOLELY LIABLE.

2                     THE SHIPPER /CONSIGNEE AGREE TO INDEMNIFY THE CARRIER AND / OR THE AGENTS (ABOVE NAMED) AGAINST ON ALL LOSSES, DAMAGES, LIABILITY, COST OF EXPENSES SUFFERED OR INCURRED BY THE MOVEMENT OF THE CONTAINERS WHILE IN THE POSSESSION OF THE SHIPPER/CONSIGNEE ARISING OUT OF OR WHILE CONNECTED WITH INJURY OR DEATH OF PERSONS OF LOSS OR DAMAGE TO PROPERTY OF OTHER PERSONS IN THE COURSE OF SUCH MOVEMENT AND STUFFING/DESTUFFING OPERATIONS.

3                     THE SHIPPER/CONSIGNEE RETURN THE CONTAINER IN AS SOUND CONDITIONS EARLIER DELIVERED AND FOR FAILURE TO DO SO WILL BE LIABLE FOR COST AND REPAIR AND DAMAGE FOR THIS PURPOSE, SURVEY BY M/S J.B. BODA SURVEYORS (P) LTD., NEW DELHI IS AGREE AND THEIR REPORT AND DOUBLE FOR FOURTY FEET EACH CONTAINER.

4                     THE SHIPPER / CONSIGNEE ARE LIABLE TO INDEMNIFY THE CARRIER OR ITS AGENTS FOR CLAIM BY THE CUSTOMS TO THE EXTENT OF RS.100000/- (RUPEES ONE LAC ONLY) PER TWENTY FEET EACH CONTAINER AND DOUBLE FOR FOURTY FEET EACH CONTAINER.

5                     THE GUARANTEE UNDER THESE PRESENTS SHALL BE EFFECTIVE FROM THE TIME THE CONTAINER IS DELIVERED TO THE SHIPPER/CONSIGNEE OR THEIR REPRESENTATIVE TILL THE SAME IS RETURNED TO THE DELHI , INDLAND CONTAINER DEPOT AREA AND DELIVERED AGAINST AGENCIES CLEAR RECEIPT AND DISCHARGE.

6                     IF THIS CONTAINER IS NOT RECEIVED BY THE CARRIER WITHIN THE PERIOD ALLOWED, WE WILL BE LIABLE FOR DEMMURRAGES AS FOLLOWS:

FOR (YOUR COMPANY’S NAME)

AUTH. SIGN.

BANKERS ATTESTATION OF AUTHORISED SIGNATORY NECESSARY