TRANSPORTATION AGREEMENT

TRANSPORTER: M/S. SICAL LOGISTICS LIMITED

Having it Registered Office at South India House, #73, Armenian
Street, Chennai - 600 001;
Corporate Office at Coffee Day Square, #23/2, Vittal Mallya Road,
Bengaluru – 560 001, duly represented by its G e n e r a l M a n a g e r
( C o l d C h a i n D i v i s i o n ) , Mr. Jossy Rebello.

CLIENT: M/S. Transasia Bio Medicals

______________________,
______________, duly represented by its
Deputy General Manager (Operations), Mr. _______

SL. PARTICULARS AGREED TERMS AND CONDITIONS BY AND BETWEEN THE PARTIES
NO.
1. Term 1 Year
2. Commencement Date 25-09-2018
3. Expiry Date 24-09-19
4. Termination Notice Period 30 days
5. Payment Term Within 15 days from the date of submission the invoice
6. Commercial Terms and Refer the ANNEXURE
Conditions
7. Covenants of Client Client shall insure all its goods which are dealt in by SICAL and shall hold SICAL harmless
against all claims, damages, obligations, etc. that might arise and/or be made against SICAL
in relation to such goods.

8. Covenants of Transporter In case of any damage or short deliveries, or any incidents of theft or pilferage, or any like
incident occurring due to acts and omissions of SICAL and/or its employees, agents,
representatives, etc. SICAL in such an event agrees to provide and support Client with
respect to all the valid required documents (e.g. Police Report, COF etc.) relating to the claim
at the earliest.

9. Indemnification Each Party shall suitably indemnify the other for any losses, damages, penalties, interests, etc.
caused to such other (aggrieved) Party owing to acts or omission, or non – compliance of or
default with respect to any laws for the time being in force, or any misrepresentation of facts,
or failure to comply with the warranties stated in this Agreement of/by such (indemnifying)
Party and/or its representatives.

10. Limits of Liability In no event shall SICAL be liable for any special, indirect, incidental, or consequential losses
resulting in connection with this Agreement, including, but not limited to
expected/assumed/forecasted/notional/resultant sales or any other losses caused to any
person/entity. In case of any damages/s/loss/es suffered by the Client due to the negligence
on the part of SICAL, provided such loss/es/damage/s is/are intimated to SICAL within 48
hours of the delivery of the goods. In such an event, SICAL shall be liable to pay damage/s to
 the tune of Rs. 5000 (Rupees Five Thousand Only) per Goods Consignment Note (GCN).

11. Dispute Resolution and In case of any dispute/s and/or difference/s between the Parties, the same shall be initially
Governing Law resolved amicably. If the Disputes doesn’t get resolved amicably, the same shall be referred
to Arbitration in accordance with Arbitration and Conciliation Act, 1996 by appointing a Sole
Arbitrator mutually by the Parties. The Place of Arbitration is Bangalore and the language of
Arbitral Proceedings shall be in English. The Courts in Bangalore shall have the exclusive
jurisdiction to try all the suits that may arise between the Parties from this Agreement.
 ANNEXURE

COMMERCIAL TERMS AND CONDITIONS W.E.F 25-09-2018_- M/s. TRANSASIA BIOMEDICALS

LTD

PTL – Pickups are being done based on Mail Approval from Transasia.

FTL – Pickup is being arranged based on Mail Approval from Transasia.