????>?? ^`????]??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????7 ??O@bjbjUU &\7|7|5<??????l????????4448l?l?7???"???????6?6?6?6?6?6?6$8 ':??6???????6,?????6,,,??????6,??6,?,??\3???6?? ?tk4????="" 4?x4"?6?607?4?;*;?6,???????ref:="" a="" ?="" 2="" contract="" for="" the="" cargo="" handling="" service="" no.="" kiocl/com/chs/2006-07/01="" date:xxxxxx="" this="" contract,="" made="" and="" entered="" into="" as="" of="" this="" day="" of="" xxxxxx="" by="" and="" between="" kudremukh="" iron="" ore="" company="" limited,="" a="" 100%="" eou="" and="" government="" of="" india="" enterprise="" having="" their="" registered="" office="" at="" ii="" block,="" koramangala,="" bangalore="" ?="" 560="" 034="" (herein="" after="" referred="" to="" as="" ?service="" provider?="" which="" expression="" shall="" be="" deemed="" to="" include="" their="" successors="" and="" assigns)="" of="" the="" one="" part,="" and="" m/s="" xxxxxxxx="" ,="" having="" their="" registered="" office="" at="" xxxxx="" (="" hereinafter="" referred="" to="" as="" the="" ?="" seller="" exporter="" buyer="" ?,="" which="" expression="" shall="" be="" deemed="" to="" include="" their="" successors="" and="" assigns)="" of="" the="" other="" part,="" whereas,="" the="" service="" provider="" has="" installed="" and="" utilizing="" cargo="" handling="" facility="" at="" new="" mangalore="" port="" whereas="" the="" seller="" exporter="" is="" engaged="" in="" the="" business="" of="" export="" of="" iron="" ore="" etc.="" whereas,="" seller/exporter="" agrees="" to="" export="" iron="" ore="" to="" their="" foreign="" buyer="" m/s="" xxxxxx="" as="" per="" the="" contract="" no.="" xxxxxx="" dated="" xxxxxx="" entered="" into="" with="" them,="" service="" provider="" agrees="" to="" provide="" cargo="" handling="" service="" to="" the="" seller="" exporter="" buyer="" for="" exporting="" iron="" ore,="" utilizing="" their="" mechanical="" cargo="" handling="" facility="" available="" at="" new="" mangalore="" port="" head,="" mangalore="" ?="" 575="" 010.="" whereas,="" the="" parties="" have="" agreed="" to="" the="" following="" terms="" and="" conditions,="" scope="" of="" services="" seller="" exporter="" will="" deliver="" all="" the="" iron="" ore="" to="" the="" stockyard="" of="" service="" provider.="" all="" the="" expenditure="" incurred="" for="" this="" purpose="" shall="" be="" borne="" by="" the="" seller="" exporter="" .="" the="" scope="" of="" service="" to="" be="" provided="" is="" limited="" to="" provide="" cargo="" handling="" services,="" which="" includes="" permission="" for="" storage="" of="" material="" in="" service="" provider?s="" stockyard="" at="" the="" designated="" place="" and="" loading="" the="" accumulated="" cargo="" utilizing="" service="" provider?s="" mechanical="" loading="" facilities.="" all="" the="" other="" jobs="" related="" to="" customs="" documentation="" and="" meeting="" canalization="" requirements="" if="" called="" for="" would="" be="" the="" responsibility="" of="" seller/="" exporter.="" seller="" has="" to="" arrange="" for="" vessel="" nomination="" in="" consultation="" with="" the="" service="" provider,="" co-ordination="" and="" documentation="" connected="" with="" the="" export="" of="" the="" cargo.="" the="" service="" provider="" shall="" put="" all="" efforts="" to="" reclaim="" and="" load="" iron="" ore="" shifted="" to="" the="" storage-yard="" of="" the="" service="" provider="" by="" the="" seller="" exporter.="" service="" provider="" shall="" not="" be="" responsible="" for="" carpet="" loss="" of="" material="" or="" material,="" which="" cannot="" be="" reclaimed="" by="" the="" mechanical="" loading="" system="" of="" service="" provider.="" payment="" seller="" exporter="" shall="" have="" to="" make="" an="" advance="" payment="" in="" us="" dollar="" to="" be="" made="" to="" the="" service="" provider="" for="" 110%="" of="" the="" estimated="" cargo.="" for="" all="" the="" services="" rendered="" under="" the="" scope="" of="" services,="" the="" service="" provider="" shall="" be="" paid="" in="" us$="" equivalent="" to="" rs.="" xxxx="" per="" wmt="" loaded="" utilizing="" service="" provider?s="" mechanical="" loading="" facility.="" the="" bills="" of="" lading="" quantity="" is="" final="" for="" determining="" the="" quantity.="" the="" exchange="" rate="" used="" for="" conversion="" of="" us="" dollars="" in="" to="" indian="" rupees="" will="" be="" the="" finer="" buying="" rate="" ruling="" on="" the="" date="" of="" bill="" of="" lading,="" as="" certified="" by="" the="" service="" provider?s="" bank.="" if="" bill="" of="" lading="" date="" happens="" to="" be="" a="" bank="" holiday,="" the="" finer="" buying="" rate="" on="" next="" working="" day="" as="" certified="" by="" seller?s="" bank="" shall="" be="" applicable.="" payment="" towards="" royalty,="" cess,="" port="" charges,="" custom="" house="" documentation,="" sampling,="" draft="" survey,="" other="" taxes="" and="" levies,="" if="" any="" connected="" with="" this="" export="" shall="" be="" reimbursed="" at="" actual="" to="" the="" service="" providers="" in="" indian="" rupees.="" demurrage="" &="" despatch="" for="" loading="" to="" be="" settled="" between="" seller="" exporter="" and="" service="" provider="" as="" per="" the="" loading="" conditions="" of="" this="" agreement,="" in="" us="" dollar,="" which="" should="" be="" settled="" within="" 30="" days="" from="" b/l="" date.="" service="" provider="" will="" raise="" the="" bill="" in="" us="" dollars="" for="" the="" services="" rendered="" and="" submit="" the="" invoice="" along="" with="" the="" non-negotiable="" copy="" of="" bills="" of="" lading.="" the="" same="" should="" be="" adjusted="" from="" the="" advance="" deposit="" made.="" balance="" if="" any="" should="" be="" paid="" to="" the="" service="" provider?s="" account.="" quantity="" the="" weight="" of="" the="" material="" to="" be="" exported="" will="" be="" the="" quantity="" ascertained="" by="" draft="" survey="" after="" loading="" iron="" ore="" to="" the="" ship.="" service="" provider="" will="" not="" be="" responsible="" for="" any="" difference="" between="" draft="" survey="" weights="" and="" estimated="" stockyard="" weight="" of="" the="" cargo.="" service="" provider="" will="" not="" be="" responsible="" for="" dead="" freight="" claim,="" if="" any,="" on="" account="" of="" this="" seller="" exporter="" shall="" empty="" the="" stockyard="" of="" service="" provider="" immediately="" upon="" shipment="" of="" cargo="" and="" any="" residual="" cargo,="" which="" remains="" after="" shipment="" should="" be="" cleared="" within="" 3="" days.="" otherwise="" seller="" exporter="" should="" forfeit="" the="" residual="" quantity.="" quality="" service="" provider="" will="" not="" be="" responsible="" for="" the="" quality="" of="" the="" material="" being="" shipped.="" declaration="" by="" exporter="" seller="" exporter="" to="" furnish="" the="" following="" documents="" information?s="" to="" the="" service="" provider="" upon="" signing="" the="" agreement="" between="" the="" seller="" exporter="" and="" the="" service="" provider="" declaration="" to="" the="" effect="" that="" the="" subject="" stocks="" are="" free="" from="" any="" encumbrances="" and="" free="" from="" any="" charge="" hypothecation="" financial="" liabilities="" whatever="" etc.="" certificate="" to="" the="" effect="" that="" royalty="" and="" other="" state="" central="" levies="" as="" leviable="" as="" already="" been="" paid="" on="" the="" iron="" ore="" by="" the="" seller="" exporter="" and="" their="" export="" is="" in="" compliance="" with="" the="" foreign="" trade="" policy="" in="" vogue.="" however,="" should="" there="" be="" any="" subsequent="" claim="" on="" service="" provider="" on="" this="" account="" the="" same="" shall="" be="" to="" the="" account="" of="" seller="" exporter.="" service="" provider="" shall="" not="" be="" responsible="" for="" any="" problem="" arising="" due="" to="" violation="" or="" non="" compliance="" or="" wrong="" declaration="" on="" the="" part="" of="" the="" seller="" exporter.="" in="" case="" of="" any="" embargo="" brought="" on="" the="" iron="" ore="" shifted="" and="" stored="" within="" the="" premises="" of="" service="" provider,="" such="" quantity="" of="" iron="" ore="" shall="" be="" evacuated="" from="" service="" provider?s="" premises="" at="" seller,s="" exporter?s="" cost,="" within="" a="" period="" of="" 10days.="" safety="" for="" men="" and="" machinery="" seller="" exporter="" is="" liable="" and="" pay="" for="" the="" damages="" and="" losses="" of="" any="" sort="" to="" service="" providers="" equipment,="" machinery,="" building,="" vehicles="" and="" personnel="" while="" shifting="" unloading="" the="" cargo="" to="" service="" providers="" stockyard.="" seller="" exporter?s="" personnel="" who="" come="" inside="" the="" premises="" of="" service="" provider="" should="" abide="" the="" timings="" and="" safety="" regulations="" of="" service="" provider="" and="" the="" entire="" safety="" responsibility="" of="" seller/="" exporter?s="" personnel="" is="" their="" responsibility.="" seller="" exporter="" is="" liable="" and="" pay="" for="" the="" damages="" caused="" to="" the="" loading="" equipments="" and="" machinery="" due="" to="" contamination="" of="" cargo="" and="" presence="" of="" foreign="" material="" in="" the="" iron="" ore="" being="" exported.="" schedule="" of="" shipments="" seller="" exporter="" should="" mobilize="" 100%="" of="" shipment="" quantity="" of="" iron="" ore="" from="" their="" plant="" mines="" to="" service="" provider?s="" stockyard,="" within="" 15="" days="" from="" the="" date="" of="" the="" signing="" of="" the="" contract,="" to="" utilize="" the="" cargo="" handling="" facility="" of="" service="" provider.="" if="" the="" seller/exporter="" fails="" to="" accumulate="" the="" full="" cargo="" within="" 15="" days="" from="" the="" date="" of="" the="" signing="" of="" the="" contract,="" seller="" exporter="" will="" pay="" kiocl="" a="" penal="" ground="" rent="" of="" us="" cents="" 5.00="" per="" wmt="" per="" day="" on="" the="" contracted="" quantity,="" for="" the="" next="" 7="" days.="" beyond="" the="" extended="" period="" of="" 7="" days,="" kiocl="" reserves="" the="" right="" to="" decide="" on="" the="" further="" course="" of="" action.="" seller="" exporter="" should="" plan="" for="" nomination="" of="" vessel="" when="" 90%="" of="" cargo="" is="" stacked="" at="" service="" provider?s="" stockyard.="" the="" maximum="" waiting="" time="" after="" accumulation="" of="" full="" cargo="" is="" 7="" days.="" in="" case="" if="" the="" seller,="" fails="" to="" nominate="" suitable="" vessel="" within="" the="" maximum="" waiting="" period="" of="" 7="" days,="" then="" ground="" rent="" of="" us="" cents="" 5.00="" per="" wmt/day="" has="" to="" be="" paid="" by="" the="" seller="" exporter="" to="" service="" provider.="" seller="" exporter="" should="" nominate="" the="" vessel="" meant="" for="" iron="" ore="" carriage="" conforming="" to="" the="" berth="" parameter="" of="" service="" provider?s="" iron="" ore="" jetty.="" seller="" exporter="" should="" nominate="" the="" vessel="" in="" the="" mutually="" agreed="" laycan="" with="" the="" service="" provider.="" shipping="" terms="" a.="" notice="" of="" readiness="" the="" seller="" exporter="" shall="" arrange="" for="" the="" master="" of="" the="" vessel="" to="" notify="" service="" provider,="" manager="" (commercial)="" on="" fax="" no:="" 0824="" 2407422,="" three="" notices="" of="" the="" eta="" of="" the="" vessel="" at="" the="" loading="" port.="" the="" first="" of="" such="" notice="" will="" be="" given="" ten="" (10)="" days="" prior="" to="" the="" eta="" of="" the="" vessel,="" the="" second="" to="" be="" given="" forty="" eight="" (48)="" hours="" prior="" to="" the="" eta="" and="" the="" third="" to="" be="" given="" twenty="" four="" (24)="" hours="" prior="" to="" the="" eta.="" b.="" loading="" terms="" i)="" service="" provider="" shall="" guarantee="" to="" accommodate="" safely="" the="" vessels="" with="" the="" following="" maximum="" dimensions="" at="" all="" times,="" l.o.a.="" :="" 245.00="" meters="" beam="" :="" 32.00="" meters="" sailing="" draft="" :="" 12.50="" meters="" with="" tide="" (12.00="" meters="" with="" tide="" from="" august="" to="" november)="" ii)="" seller="" exporter="" shall="" load="" ore="" aboard="" the="" vessel="" at="" the="" following="" rates="" per="" weather="" working="" day="" of="" twenty="" four="" (24)="" consecutive="" hours="" saturdays,="" sundays="" and="" holidays="" included,="" charter="" party="" holidays="" as="" published="" by="" local="" chamber="" of="" commerce="" excluded="" unless="" used.="" size="" of="" vessel:="" loading="" rate="" 20,000="" -="" 30,000="" dwt="" 18,000="" wmt="" 30,001="" -="" 40,000="" dwt="" 20,000="" wmt="" 50,001="" and="" above="" 22,000="" wmt="" iii)="" service="" provider="" utilizing="" their="" mechanized="" loading="" system="" would="" load="" the="" cargo.="" the="" seller="" exporter="" master/="" agent="" of="" the="" vessel="" should="" serve="" a="" notice="" for="" readiness="" for="" loading="" the="" cargo="" on="" to="" the="" vessel.="" iv)="" notice="" of="" readiness="" to="" load="" shall="" be="" tendered="" during="" 0830="" hours="" to="" 1700="" hours="" on="" all="" working="" days,="" with="" clean="" holds="" hatch="" open="" and="" ready="" in="" all="" respects="" to="" load="" at="" any="" time="" after="" vessel="" has="" arrived,="" if="" the="" vessel="" is="" not="" in="" free="" pratique="" on="" arrival="" at="" the="" berth="" due="" to="" cause="" attributable="" to="" the="" vessel,="" then="" a="" new="" notice="" of="" readiness="" shall="" be="" tendered.="" v)="" the="" laytime="" to="" count="" will="" start="" after="" 12="" hours="" from="" the="" time="" of="" the="" tendering="" and="" acceptance="" of="" nor="" clearance="" and="" will="" cease="" on="" completion="" of="" loading.="" vi)="" incase="" loading="" has="" to="" be="" interrupted="" due="" to="" reasons="" of="" responsibility="" of="" the="" vessel,="" such="" time="" lost="" shall="" not="" count="" as="" laytime.="" the="" time="" lost="" in="" opening="" the="" hatches="" should="" not="" be="" counted="" as="" laytime="" used.="" vii)="" stoppage="" of="" loading="" due="" to="" breakdown="" of="" the="" ore="" loading="" plant="" shall="" be="" counted="" as="" laytime.="" viii)="" the="" time="" lost="" due="" to="" deballasting,="" wharfing="" or="" any="" other="" shipside="" stoppages="" should="" not="" be="" counted="" as="" laytime="" used.="" ix)="" the="" time="" used="" for="" draft="" check="" by="" either="" the="" ship?s="" crew="" or="" surveyor="" appointed="" by="" the="" seller,="" should="" not="" be="" counted="" as="" laytime="" used.="" x)="" laytime="" should="" count="" at="" actuals="" when="" worked="" on="" charter="" party="" (c/p)="" holidays.="" for="" stoppages,="" if="" any,="" during="" intervening="" c/p="" holidays,="" time="" not="" used="" should="" not="" be="" counted="" as="" laytime="" xi)="" demurrage="" and="" despatch="" for="" loading="" the="" vessel="" utilising="" service="" provider?s="" loading="" facility="" at="" new="" mangalore="" port="" shall="" be="" calculated="" in="" accordance="" with="" the="" following="" schedule:="" stem="" quantity="" demurrage="" per="" 24="" hours="" day="" (prorata="" for="" part)="" 20,001="" to="" 30,000="" wmt="" usd="" 3,500="" 30,001="" to="" 40,000="" wmt="" usd="" 4,000="" 40,001="" and="" above="" usd="" 4,500="" despatch="" will="" be="" half="" of="" the="" demurrage="" rate.="" xii)="" any="" time="" necessarily="" required="" by="" a="" vessel="" to="" wait="" for="" tide="" for="" completion="" of="" loading="" shall="" be="" counted="" as="" laytime.="" laytime="" shall="" cease="" to="" count="" from="" the="" time="" of="" completion="" of="" loading.="" shifting="" time="" shall="" not="" count="" as="" laytime="" unless,="" the="" vessel="" is="" already="" on="" demurrage.="" force="" majeure="" i)="" if="" at="" any="" time="" during="" the="" existence="" of="" this="" contract="" either="" party="" is="" unable="" to="" perform="" whole="" or="" in="" part="" any="" obligation="" under="" this="" contract="" because="" of="" war,="" hostility,="" military="" operation="" of="" any="" character,="" civil="" commotions,="" sabotage,="" quarantine="" restriction,="" acts="" of="" government,="" fire,="" floods,="" explosions,="" epidemics,="" strikes="" or="" other="" labour="" trouble,="" embargoes="" then="" the="" date="" of="" fulfilment="" of="" any="" obligation="" shall="" be="" postponed="" during="" the="" time="" when="" such="" circumstances="" are="" operative.="" ii)="" the="" party="" who="" is="" unable="" to="" fulfil="" its="" obligations="" under="" the="" present="" contract,="" must="" within="" 15="" days="" of="" occurrence="" of="" any="" of="" the="" causes="" mentioned="" in="" this="" clause="" shall="" inform="" the="" other="" party="" of="" the="" existence="" of="" the="" circumstances="" preventing="" the="" performance="" of="" the="" contract.="" certificate="" issued="" by="" a="" chamber="" of="" commerce="" or="" any="" other="" competent="" authority="" connected="" with="" the="" cause="" shall="" be="" sufficient="" proof="" of="" the="" existence="" of="" the="" above="" circumstances="" and="" their="" duration.="" termination="" of="" contract="" if="" the="" seller/exporter="" fails="" to="" mobilize="" the="" full="" quantity="" of="" iron="" ore="" within="" the="" time="" period="" as="" stipulated="" in="" clause="" 7,="" kiocl="" reserves="" the="" right="" to="" terminate="" the="" contract.="" arbitration="" if="" at="" any="" time="" any="" question,="" dispute="" or="" difference="" of="" whatsoever,="" nature="" shall="" arise="" between="" the="" service="" provider="" and="" the="" seller="" exporter="" upon="" or="" in="" relation="" to="" or="" in="" connection="" with="" the="" contract,="" either="" party="" may,="" forthwith="" give="" to="" the="" other="" notice="" in="" writing="" of="" the="" such="" existence="" of="" question,="" dispute="" or="" difference,="" and="" the="" same="" shall="" be="" referred="" arbitration="" by="" a="" sole="" arbitrator="" to="" be="" appointed="" by="" chairman-cum-managing="" director="" of="" the="" service="" provider="" or="" any="" person="" acting="" in="" such="" capacity.="" where="" the="" arbitrator="" withdraws="" from="" his="" office="" for="" any="" reason="" or="" otherwise="" the="" arbitrator="" is="" substituted,="" the="" arbitral="" proceedings="" shall="" continue="" from="" that="" stage="" onwards="" and="" earlier="" hearings="" shall="" not="" be="" repeated.="" the="" language="" to="" be="" used="" in="" the="" arbitral="" proceedings="" shall="" be="" english.="" the="" award="" of="" the="" arbitrator="" shall="" be="" final,="" conclusive="" and="" binding="" on="" the="" parties.="" the="" provisions="" of="" arbitration="" &="" conciliation="" act="" 1996="" and="" rules="" there="" under="" in="" force="" shall="" be="" applicable="" to="" the="" contract.="" the="" venue="" of="" arbitration="" proceedings="" shall="" be="" only="" bangalore,="" india.="" only="" courts="" in="" bangalore="" shall="" have="" jurisdiction="" regarding="" the="" matters="" relating="" to="" the="" arbitration.="" indemnity="" to="" the="" government="" of="" india="" i)="" it="" is="" expressly="" understood="" and="" agreed="" by="" and="" between="" the="" seller/exporter="" and="" the="" service="" provider,="" so="" that="" service="" provider="" is="" entering="" into="" this="" agreement="" solely="" on="" its="" own="" behalf="" and="" not="" on="" behalf="" of="" any="" other="" person="" or="" entity.="" in="" particular,="" it="" is="" expressly="" understood="" and="" agreed="" that="" the="" government="" of="" india="" is="" not="" a="" party="" to="" this="" agreement="" and="" has="" no="" liabilities,="" obligations="" or="" rights="" herein="" under.="" it="" is="" expressly="" understood="" and="" agreed="" that="" service="" provider="" is="" an="" independent="" legal="" entity="" with="" power="" and="" authority="" to="" enter="" into="" contracts="" solely="" on="" its="" own="" behalf="" under="" the="" applicable="" laws="" of="" india.="" the="" seller/exporter="" expressly="" agrees,="" acknowledges="" and="" understands="" that="" service="" provider="" is="" not="" an="" agent,="" representative="" or="" delegate="" of="" the="" government="" of="" india.="" it="" is="" further="" understood="" and="" agreed="" that="" the="" government="" of="" india="" is="" not="" and="" shall="" not="" be="" liable="" for="" any="" acts="" omissions,="" commissions,="" breaches="" or="" other="" wrongs="" arising="" out="" of="" the="" contract.="" ii)="" accordingly,="" the="" seller/exporter="" hereby="" expressly="" waives,="" releases="" and="" foregoes="" any="" and="" all="" actions="" or="" claims,="" including="" cross="" claims,="" impeder="" claims="" or="" counter="" claims="" against="" the="" government="" of="" india="" arising="" out="" of="" this="" contract="" and="" covenants="" not="" to="" sue="" the="" government="" of="" india="" as="" to="" any="" manner,="" claim,="" cause="" of="" action="" or="" thing="" whatsoever="" arising="" out="" of="" or="" under="" this="" agreement.="" service="" provider="" seller/exporter="" ---------------------------------------="" ------------------------------------="" for="" and="" on="" behalf="" of="" for="" and="" on="" behalf="" of="" kudremukh="" iron="" ore="" co.ltd.="" page="" ="" page="" 2=""  34y`="" s="" t="" ? ? ="" ="" ???&.??????"?"b$t$?$?$%-%z%g%?&5'?'?(?*n+?+j,?,?-a.b.k.x.i.?.~/?/?0?0?????????????????zz????u???????????????????????? cjojqj ojqj^j5?cjojqjaj 5?ojqjojqj5?cjojqj\?^jcjcj="" 5?cj\?5?cjojqj\?^jcjojqj^jcjojqj^jajcjojqj^j="">*OJQJ^JaJ 5?>*CJ\?6 34yz???67 ` a s t r ? ? ??????????????????$????dh^??a$$ & F?>?dh^?a$$?>?dh^?a$$ & F??dha$ $??dha$$dha$$dha$5@N@??? ? ?   ?????????????????????? $?dha$$ & 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