| TERMS AND CONDITIONS : a) SALES ACTIVITIES : - Exchanging sales lead both end - Performing sales calls individually and jointly - Follow up of sales leads - Obtaining and routing orders in favor of both companies. b) PROFIT SHARE : - The profit on jointly develop Air and Ocean transport are split equally. - Profit is considered to be the difference between the buying rate from the Airline/Shipping line, and the selling rate to the customer. - FOB Chargers and income derived from customs clearance is |
| not part of the
profit share. - Each shipment is accompanied by a debit note corresponding to the cost of freight (collect shipments) and by a credit note corresponding to the profit. |