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Where no settlement can be reached, the disputes shall be submitted for arbitration.

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Payment by irrevocable letter of credit in US dollars on a United States bank, allowing partshipment, trans-shipment and house bills and valid for 90 days from order date.

The prices shown in this offer are valid for a period of 60 days from the date thereof.

This insurance is classified into the following three conditions: free from particular average (F. P.A.), with particular average (W.P.A.) and all risks. Where the goods insured hereunder sustain loss or damage, the company shall undertake to indemnify therefore according to the insured conditions.

The shipper, consignee, owner of the goods and holder of this bill of lading shall be jointly and severally liable to the carrier for the payment of all freight and charges and for the performance of the obligating of each of them hereunder.