To be printed in Rs. 100/- Stamp Paper

To

M/s Trans Asian Shipping Services (P) Ltd.

ADDRESS

Sub: Laden container transportation Bond in favour of M/s.Trans Asian Shipping Services (P) Ltd.

B/L No. ______Dated______

Container No. ______Seal No______landed on______

IGM No. ______

Line / Item No. ______

Vessel Name ______Voyage______

Shipper ______

Consignee ______

Notify ______

Port of Loading ______

Port of Discharge______

Place of Delivery ______

Dear Sir,

This has reference to our import shipment from ______to ______with details mentioned in the subject.

Whereas we, M/s…………………….Represented by Mr………………..( name, age, Fathers Name, designation and full address of the party) intend to take and transport the above said containers by road from______premises to our factory/ godown/office situated at ______and hereby undertake to comply with the below-mentioned requirements in order that you may affect delivery of the container(s) to us as aforesaid.

We undertake to bear entire cost(s) including but not limited to cost related to Transportation, Handling charges for the said Containers from the time of Lifting / discharging from ______(container yard or shipside, whatever applicable) till the time of re-delivery of the said container/s to the premises designated by you. We hereby undertake that the Container (s) is/are deemed to be in good / sea worthy condition unless any defect is notified by us in writing, while taking delivery of the laden container by us from………….We further confirm to currently have and maintain throughout the duration of this Agreement all licenses and permits necessary for the due performance of our obligations hereunder, including but not limited to those necessary to undertake the responsibility of fulfillment of all formalities of Customs, Port Authorities or any other related authority, prior to such transportation after settlement of all related costs by us. We also undertake that we shall avail necessary and valid insurance cover from a qualified and competent Insurance Provider for the laden as well as empty Container (s) covering all our risks including but not limited to the value of the Container (s), accident to, injury to and/or loss of life of any person (Agents, servants or representatives included) and / or damage caused to property arising out of the use and operation of the container/s while in our possession.

TASS (CB) VERSION 1

We further undertake to redeliver the container/s to you within ____ days (or changes as maybe indicated from time to time prior delivery of such container/s) calculated from the date of lifting the container/s from ______, (Place). We also undertake to ensure that utmost care will be taken by us for the said container/s for the safe transit, handling and re – delivery of the Container (s) and while the Container (s) in our custody till the time of redelivery of the Container/s and will settle as may be assessed by the Surveyor(s) deputed by you for any damages to the container (s) while in our custody. We hereby agree and undertake to inform you in writing as soon as the container/s is returned by us at the designated site and in any event no later than 12 hours from the time the said container is returned at the above site. Within 48 hours of the receipt of such written information, we request you to carry out the survey of the container/s and damages assessed, if any. The findings of such survey with respect to any cost due for undertaking the repairs arising out of damages to the container whilst in our custody shall be final and binding and borne by us. On receipt of the said survey report, we hereby agree and undertake to pay you such sum (s) as may be due assessed by your surveyor. Incase of any dispute, the same shall be informed to you immediately and if necessary joint survey of the damages and its assessment shall be done to the satisfaction and confirmation of both parties.

The defect free empty Container (s) will be returned to your nominated ………………(depot/yard) or any other place as designated by you under survey. Necessary receipt will be obtained by us and forwarded to you immediately

We undertake to pay Rs …………….. for 20’DV and Rs …………….for 40’ DV , Rs ______for 40’ HC and Rs ______for Special Container/s which includes the value of Container/s and Custom levy payable by you on demand in case we fail to return the Container (s) within the requisite time limit or due to total loss of the Container (s).

In addition to the above, we undertake to pay a refundable security deposit of Rs ………….. for 20’DV and Rs. ………….for 40’ DV, Rs …………..for 40’ HC and @ Rs ______for Special Container/s by way of ……………………..(Mode of payment) prior to pick up of the container/s, which will be refunded upon redelivery of defect free empty container(s) at the designated site. We hereby agree that any costs incurred including but not limited to repair costs and or misdelivery of container(s) to any other sites other than your designated site indicated at the time of pick up , can be deducted or adjusted against our security deposit without prior intimation to us.

We also confirm that the import cargo does not contain any contraband articles listed and included in Indian Customs Act. We also undertake to clear all the outstanding charges prior submission of the receipt {to} your Head Office for cancellation of the Guarantee.

We hereby agree and undertake to indemnify and hold you, (employees, servants and agents included) harmless from and against any and all cost, expense, liability, fine, penalty, etc. arising from or related to the death due to accident to any person (Agents, servants or representatives included) and / or damage caused to property arising out of the use and operation of the container/s while in our possession. Any and all cost, expense, liability, fine, penalty, etc. arising from or related thereto shall be borne solely and exclusively by us.

Further if the Container (s) is/ are not returned within the free time allowed by the Carrier to the receiver at the port of Discharge, we undertake to pay Container (s) detention/ demurrage charges to the Carrier as per Carrier’s tariff, incase of total loss of Containers. We will be liable for the payment of container detention charges besides demurrage and all duties and levies.Time to commence at 0.00hrsof the day following the date on which the containers were unloaded at the port. If you do not receive the containers within the said period allowed, we shall be liable for container detention as per the agreed tariff indicated below to be paidin Indian currency, converted at the rate of exchange prevailing at the relevant time.

TASS (CB) VERSION 1

US $ …..…../20’ & $...... …./40’ per calendar day or part thereof the first 7 days.

US $ ……..../20’ & $...... …./40’ per calendar day or part thereof the first 7 days.

US $ ……..../20’ & $………./40’ per calendar day or part thereof the first 7 days.

US $ ……..../20’ & $...... …./40’ per calendar day or part thereof thereafter.

In any event, we hereby agree and undertake to return the defect free empty container(s) at your designated site within a period not exceeding 30 days from the date of delivery of containers to our custody.

In support of our undertaking to pay such above mentioned dues, Cheque no.______dtd______issued from bank ______for Rs.______in favour of M/s ______signed by ourselves / our custom house agent M/s. ______is being handed over to your office, as security deposit for the safe transit of the Container (s) and also for the due performance of the terms and conditions stipulated herein..

This Bond / undertaking for the above mentioned import shipment is executed on this ____ day of ______, 2007 at ______(Place) in presence of the following witnesses:

  1. Name of the Consignee - (Affix Official Seal/ Rubber stamp)

Designation -

Company Name -

Address –

  1. Name of freight forwarder/ Shipper – (Affix Official Seal/ Rubber stamp)

Designation -

Company Name -

Address –

Witnesses

1…………………………..

…………………………….

…………………………….

2……………………………

……………………………..

……………………………..

TASS (CB) VERSION 1