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Terms and Conditions

KeelyGroup Ltd. and Subsidiaries

IncludingKeely Express Ltd., Keely Shipping Ltd.

Freight International and Emergency FreightInternational Ltd.

StandardTradingConditions.

The Customer's attentionis drawn to the Clauses hereof which exclude or limit the Companies's liabililyand those which require theCustomerto indemnifv the Comoanies in certain circumstances.

DEFINITIONSAND APPLICATION 1 ln these Conditions:

"Companies' Keely Group Ltd., Keely Express Freight Ltd., Keely Shipping International Ltd., Emergency Freight Intemational Ltd.

'Person" Includespersonsor any Body or Bodies Corporate.

"TheOwne/' MeanstheOwner of thegoods(includinganypackaging,containersor equipment) to which any business concluded under these Conditions relates and any other personwho is or may becomeinterested in them. "Customer' Means any personat whoserequest or on whosebehalfthe Companies undertakes any businessor providesadvice, information or services. 2 (A) Subject to Sub-Paragraph (B) below, all and any activities of the Companies in the course of business whethergratuitousor not are undertaken subject to these Conditions.

(B) lf anylegislationis compulsorily applicableto any business undertaken, theseConditions shall, as regards such business, be read as subject to such legislation and nothing in theseConditionsshall be construedas a surrenderby legislation and if anypartofthese Conditionsbe repugnant to such legislation to any extent such partshall as regards such buslness by overridden to that extent and no further.

3 The Customer warrants that he is either the Owner or the authorisedAgentof the Owner and also that he isacceptingthese conditions not only for himself but also as Agent for and on behalf of the Owner.

4 In authorising theCustomerto enter into any Contract with the Companies and/or in accepting any documentissued by the Companies in connection with such Contract, theOwner and Consignee accept these Conditions forthemselvesandtheir Agents andforanypartieson whose behalftheyor their Agentsmay act,and in particular,but without prejudiceto the generalityof this Clause, they accept that the Companies shall have the right to enforce against them jointlyand severally any liability of the Customer under these Conditions or to recover from them any sums to be paidby the Customerwhich uponproperdemandhave not beenpaid.

THE COMPANIES 5 (A) Subjectto Clauses 13 and 14 below, the Companies shallbe entitled to produceanyor all of its servicesas an Agent or to providethose services as a Principal.

(B) The offerand acceptance of an inclusive pricefor the accomplishmentof any service or services shallnot itself determine whether any such service is or services are to be arranged by the Companies acting as Agent or to be providedby the Companies acting as a Contracting Principal.

(C) When acting as an Agent the Companies does not make or purportto make any Contract with the Cuslomer for the carriage,storage,packingor handling of any goods notfor any other physical servicein relation to them and acts solely on behalf of the Customer in securing services by establishingContracts with Third Parties so that direct contractual relationships are established betweenthe Customer and such Third Parties.

(D) The Companies shall on demand by theCustomerprovideevidence of any Contract entered into as Agent for theCustomer,lnsofar as the Companies maybedefault of this obligation, it shall be deemedto have contracted with the Customer as a Principal for the performanceof the Customer's instructions.

6 When and to the extent that the Companies hascontractedas Principle for the performanceof any ot its services, it undertakes to performand/orin its own name to procurethe performanceof those services,and subject always to the totality ofthese Conditions and in particularto Clauses 26-29 hereof accepts liability for lossof or damages to goodstakeninto its charge occurring between the time when it takes the goodsinto its charge and the time when the Companies is entitled to call upon the Customer, Consignee or Owner to take delivery of the goods.

7 When and to the extentthat the Companies has in accordance with these Conditions is acting as an Agent on behalf of the Customer, the Companies shall be entitled andtheCustomerherebyexpressly authorisesthe ComDanies to enter into Contracts on behalf of the Customer:(

A) for the carriage of goodsby any route or means or person;

(B) for the storage, packing,trans-shipment,loading, unloading orhandling ofthegoods byany person at any placeandforanylengthoftime:

(C) for the carriage or storage of goodsinor on transportunits as defined in Clause 19 and with other goodsof whatever nature:and

(D) to do such acts as may in the opinion ofthe Companies be reasonably necessaryinthe performanceof its obligations in the interest of the Customer. I The Companies reserves to itself a reasonable liberty as to the means, route and procedureto be followedin the handling, storage and transportation of goods.

9 The Companies shall be entitled to performany of its obligations herein by itself or by its parent, subsidiaryor associated Companies. In the absenceof agreement to the contrary any Contractto which these Conditions apply is made by theCompanieson its own behalf and also as Agent forand on behalfof any such parent,subsidiaryor associated Companies,and any such Companies shall be entitled to the benefit of these Conditions.

10(A) Subjectto Sub-Clause(B)hereof, the Companies shall have a generallien on all goodsand documentsrelating to goodsin its possession,custodyor control for all sums due at any time from the Customer or Owner, and shall be entitled to see or dispose of such goodsor documents as Agentfor and at the expense of the Customerand apply the proceedsin or towards the paymentof suchsums on 28 days native in writing to the Customer. Upon accounting to the Customer for any balance remaining afterpaymentof any sum due to the companies and the costs of sale or disposalthe Companies shall be discharged ofany liability whatsoeverin respect ofthegoodsor documents.

(B) When the goodsareliable to perishor deteriorate, the Companies's right to sell or dispose of the goodsshall arise immediatelyup in any sum becoming dueto the Companies subject only to the Companiestakingreasonable steps to bring to the Customer's attention its intention of selling or disposingof the goodsbeforedoing so. 11 The Companies shall be entitled to retain and be paidall brokerages, commissions,allowancesand otherremuneralion' customarily retained by or paidto Freight FoMarders.

12( \ lf deliveryof the goodsor any partthereof is not taken by the Customer, Consig nee or Owner, at thetime and placewhen and where the Companiesis entitled tocallupon such personto take deliverythereof, the Companies shall be entitled to store the goodsor any partthereof at the sole risk of the Customer, whereuponthe liability of the Companies is respect of the goodsorthatpart thereof stored as aforesaid shall wholly cease and the costof such storage if paidfor or payableby the Companies or any Agent or Sub-Contractor shallforthwith upon demand by of the Companies paidby the Customer to the Companies.

(B) The Companies shallbe entitled at the expense of the Customer to disposeof (bysale or otherwiseas may be reasonable in allthe circumstances):(

i) on 28 days notice in writing to the Customer, or where the Customer cannot be lraced and reasonable efforts have been made to contact anypartieswho may reasonable be supposedbythe Companies to have any interestin the goods,anygoodswhich have been held by theCompaniesfor 90 days and which cannot be deliveredas instructed; and

(ii) withoutpriornotice,goodswhich have perished,deterioratedor altered or are in immediateprospectof doing so in a mannerwhich has caused or may reasonably be expectedto causeloss or damage to Third Parties or to contraveneany applicable laws or regulations.

13(A) No Insurance will be effected except upon express instructionsgivenin writing by the Customer andall Insurance's effected by the Companies are subject to the usual exceptions and condition of the Policies ofthe Insurance Companiesor Underwriters takingthe risk. Unless otherwise agreed in writing the Companies shallnotbeunder any obligation to effect a separate lnsurance on each consignmentbut may declare it on any open or generalPolicyheld by the Companies.

(B) Insofarasthe Companies agreeslo arrange Insurance, the Companies acts solely as Agent for the Customerusingits best endeavours to arrange such Insurance and does so subject to the limits of liabilitycontainedin Clause29 hereof.

14(A) Exceptunder special arrangement previouslymadein writing or under the terms of a printed documentsigned by the Companies, anyinstructionsrelatingto the delivery or release of goodsin specifiedcircumstances only, such as ( butwithoutprejudiceto the generalityof this Clause) againstpaymentor against surrender of a particulardocument,are accepted by theCompanies only as Agents for the Customer where Third Parties are engaged to effect compliance with the instruction.

(B) The Companies shall not be under any liabilityin respect of such arrangements as are referredto underSub-Clause(A) hereof save where such arrangements are made in writing.

(C) In any event, the Companies'sliability in respect of the performanceor arranging to performanceof such instructions shall not exceed that providedfor in these Conditions in respect of lossor of damage to goods.

15 Advice and information,in whatever form it may be given,is providedby the Companies for the Customeronlyand the Customer shall indemnifythe Companies against any liability, claims, loss, damage,costs or expenses arising out of any other personsrelying upon such advice or information. Except under special arrangementpreviouslymadein writing, advice and informationwhich is not relatedto specific instructions accepted by the Companies is provided gratuitously and without liability.

16(4) Exceptunder special arrangements previouslymadein writing the Companies will not accept or deal with bullion, coin, preciousslones,jewellery,valuables,antiques,pictures,human remains, livestock or plants.Should any Customer nevertheless deliver any such goodsto the Companies or cause the Companies to handle or deal withanysuchgoodsotheMisethan under special arrangementspreviouslymade in writing the Companies shall be under no liability whatsoeverfor or in conneclion with such goodshowsoeverarising.

(B) TheCompaniesmayat any time waive its rights and exemptions from liability under Sub-Clause

(A)above in respect of any one or more of the categories of goodsmentionedherein or of any part of any category. lf such waiver is not in writing, the onusof provingsuchwaivershallbe on the Customer.

17 Except following instructionspreviouslyreceived in writing and accepted by the Companies, the Companieswill not accept or deal withgoodsof a dangerous or damaging nature, not withgoodslikely to harbour or encourage verminor other pests,not with goodsliable to taint or affect other goods.lf suchgoodsareacceptedpursuantto a special arrangement and then in the opinion of theCompanies they constitute a risk to othergoods, property, life or health, the Companies shall where reasonably practicablecontactthe Customer, but reserves the right at their expense of the Customer to remove or otherwisedealwiththe goods.

18 Wherethere is a choice of rates according to the extentor degree of the liability assumed by carriers, warehousemenor others, no declarations of value where optional will be madeexceptunder special arrangementspreviouslymade in writing.

THE CUSTOMER

19 The cuslomer warrants:

(A) that the description and particularsof any goodsfurnished by or on behalf of the Customer are full an0 accurate.

(B) that all goodshave been properlyand sufficientlyprepared, packed, stowed,labelled andior marked,andthat the preparation,packing,stowage,labellingand marking are appropriateto any operationsor transactions affecting the goodsandthe characteristics of the goods

(C) that where the Companies receives the goodsfrom the Customer already stowed in or on a container,trailer, tanker, or any olher device specifically construcledfor the carriage of goodsby land, sea or air (eachhereafter individually referred to as "thetransport unit"), the transport unit is in good condition, and is suitable for the carriage to the intended destination of the goodsloaded therein or thereon.

20 Shouldthe Customer otheMisethan under special arrangementspreviouslymade in writing as set out in Clause 17 above deliverto the Companies or cause the Companies to deal withor handlegoodsof a dangerousor damaging nature,or goodslikely to harbour or encouragevermin or other pests,or goods liableto taint or atfect other goods,he shall be liablefor all loss or damage arisingin connectionwith suchgoodsand shall indemnifythe Companies against all penalties,claims, damages, costsand expenseswhatsoeverarisingin connections therewith, and the goodsmay be dealt with in such manner as the Companies or any other personin whose custody theymay be at any relevant time shall think fil.

21 The customer undertakesthat no claim shall be made against any Director, servant, or Employee of the companies with imposes or attempts to impose upon them any liability in connection with any serviceswhich are the subject of these Conditions and if any such claim should neverthelessbe made, to indemnify the Companies againstall consequences thereof

22 The Customer shallsave harmless and keel the Companies indemnifiedfrom and against:

(A) All liability, loss, damage, costs and expenseswhatsoever(includingwithoutprejudiceto the ' generalityof the foregoing, all duties, taxes, imposts, levies, deposits and outlays of whatsoever naturelevied by any authority in relation to the goods)arisingout of the Companies actingin accordancewith the Customer'sinstructionsor arisingfrom any breach by the Customer of any Wananty contained in these Conditions or from the negligence of the Customer' and

(B) Withoutderogationfrom sub-clause (A)above,anyliabilityassumedor incurred by the companies whenby reason of carrying out the Cuslomer's instruclionsthe Companieshas reasonably become liable or may become liable or may become liable to any otherparty'and

(C) All Claims, ;osts and damages whatsoeverand by whomsoevermade or preferredin excess of the liabilityof the Companies undertheterms of terms Conditionsregardlesswhether such claims, -and costs demandsarisefrom or in connection withthe negligence or breach of duty of the CompaniesitsServants, or Agents. and Sub-Contractors

(D) Any claims of a General Averagenaturewhich may be made on the Companies. 23

(A) The Customer shallpayto the companies in cash or as otherwise agreed all sums immediately when due withoutreductionor deferment on account of any claim, counterclaimor set-off

(B) In respect of all sums which are overduethe customer shall be liable to payto the companies interestcalculatedat 4% above the Prime LendingRate for the time being off Allied lrish Banks Plc.

24 Despitethe acceptance by the companiesof instructionto collect freight, duties, charges or other expensesfromthe Consignee or any other personthe Customer shall remain responsiblefor such freight,duties,charges or expenseson receipt of evidence of proper demand and in the absence of evidenceof payment ( tor whatever reason) by such Consigneeor otherpersonwhen due'

25 Where liability for GeneralAverage arises in connection withthe goods,the Customer shallpromptly providesecu;ityto the Companies or to any otherpartydesignatedby the Companies into a form acceptableto the ComPanies. LIABILITYAND LIMITATION

26 The Companies shallperformits duties with a reasonabledegree of care, diligence, skill and judgement.

27 The Companies shall be relieved of liabilityforanylossor damage if and to the extent that such loss or damageis caused by:-

(A) strike,iock-out,stoppageor restraint of labour, the consequences of which the Companies is unable to avoid by the exercise of reasonable diligence;

(B) any cause or event whichtheCompaniesis unable to avoid and the consequences whereofthe Companies is unable to exercise of reasonable diligence' 2g Exceptunder special arrangementspreviouslymadein writing the Companies acceptsno responsibility for deoarture or arrivaldates of goods.

29 (A) Subjectto clause 2(B)above and sub-clause(D)belowthe companies's liabilityhowsoever ' that the cause of loss or damage be unexplained shallnot exceed arisingandnotwithstanding

(i) in the case of claims for loss or damageto goods

(a) thevalue of any goodslost or damages, or io! a sum at tne ratsof two Special DrawingRights as defined by the International MonetaryFund(hereinafterreferredto as SDP's)'perkilo of grossweight of any goodslost or damaged whichevershallbe the least

(ii) inthe case of allother claims

(a) the value of the goodsthe subject of the relevanttransactionbetweenthe Companies and its Customers, or

(b)asumattherateoftwosDR'sperki|oofthegrossWeightofthegoodsthesubjectof the said transaction,or

(c) 75,000 SDR'S in respect of any one transaction whichevershallbe the least Forthepurposes of clause 29(A)the value of thegoodsshallbe their valuewhen they were or shouldhavebeen shipped. The value of SDR'sshall be calculatedas at the date when the claimis receivedby the Companies in writing.

(B) Subject to Clause 2(B) above, the Sub-Clause(D)below, the Companies's tiabitity for toss or damage as a resultof failure to deliver or arrange delivery of goodsin a reasonable time or (where there is a special arrangement under Clause 27) to adhereto agreed departure or arrival dates shall not in any circumstances whatever exceed a sum equal to twice the amount of the Companies's charges in respect of the relevant transaction.

(C) Savein respect of such loss or damage as is referred to at Sub-Clause (B) and subject to Clause

2(B) above and Sub-Clause (D)below, the Companies shall not in any circumstanceswhatsoever be liable for indirect of consequential loss such as (butnot limited to) loss of profits,loss of market or the consequences of delay or deviation however caused.

(D) By special arrangement agreed in writing, the Companies may accept liability in excess of the limits set out in Sub-Clauses (A)to (C)above upon the Customer agreeingto paythe Companies's additional charges for accepting such increased liability,Details of the Companies'sadditional chargeswill be providedupon request.

30 (A) Any claim by the Customer against the Companies arising in respect of any service providedfor the Customeror which the Companies hasundertakento provideshall be made in writing and notified to the Companies within 14 days ofthe date upon whichthe Customer became or should have become aware of any event or occurrence allegedto giverise to such claim not made and notified as aforesaid shall be deemed to be waived and absolutely barred except where the Customer can showthatit was impossible for him comply with the Time limit and that he had made the claim as soon as it was reasonable possiblyfor him to do so.

(B) Notwithstanding the provisionsof Sub-Paragraph (A)above the Companies shallin any event be discharged of all liability whatsoever howsoever arising in respect of any service providedfor the Customeror which the Companieshad undertaken to provideunless suit be brought and written notice thereof givento the Companies within nine months from the date of the event or occurrence alleged to giverise to a cause of action againstthe Companies. JURISDICTIONAND LAW

31 These Conditions andanyactorcontractto which they apply shall be governedbythe Laws ofthe Republicof lreland and any dispute arising out of anyact or contract to which these Condjtionsapply shall be subject to the exclusive jurisdictionoftheCourts of the Republic of lreland.

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Ashbourne Address
Unit 9A
Ashbourne Business Park
Ashbourne Co. Meath
Republic of Ireland

Tel: 00353-1-8356500 Fax:00353-1-8357500

Nenagh Address
Keely Group Lisbunny Business Park
Dublin Road Nenagh Co. Tipperary
Republic of Ireland
Tel:00353-67-42290
Fax:00353-67-34520