RYDER-ASCENT LOGISTICS PTE LTD (hereafter described as "the Company") in the absence of a special written contract containing special conditions, will only accept goods for storage and for delivery subject to the following terms and conditions:

1. A Customer shall be presumed unless the contrary is made known to the Company at the time the Company takes possession of the goods to be owner of or otherwise fully authorized to deal with the goods and in any event shall indemnify the Company against all claims arising from title to the goods paramount to that of the Customer.
   
   
2. While the goods are in the custody of the Company, the Company shall hold the same as Warehousemen and shall not be responsible for any loss, damage and/or deterioration of the goods except such as may be caused by willful neglect or default of the Company while the goods are in the custody of the Company’s servants and for no other neglect or default or other matter or thing whatsoever or howsoever arising.
   
3. Notwithstanding anything to the contrary contained in the Warehousemen’s Receipt, the liability of the Company in respect of any one consignment shall in any case be limited as follows:-
   1. Where the loss or damage, however sustained, is in respect of part of the consignment, to a maximum sum at the rate of S$100.00 per cubic meter or actual landed cost, whichever is the lower, of inventory stored and/or delivered by the Company.
   2.  Where the loss or damage, however sustained, is in respect of part of the consignment; to the proportion which the actual value of that part of the consignment bears to the actual value of the maximum sum as calculated under Clause 3(a) above. The Company shall not be liable for any form of consequential loss or damage.
      
4. The Company shall not be liable for loss or damage occurring while the goods are in the custody of the Company caused by inherent vice, by heat, heating, decay, mildew, mould, dampness, fermentation, smoke, dust, oil, discoloration, evaporation, smell or taint from or contacts with other goods or fuel, putrefaction, rust, water of any kind, sweat, rain or spray, change of character, affects of climate, drainage, leakage, wastage, loss of weight, breakage, splitting, bending, disclosure of its nature, or for any loss or damage arising from the nature of the goods or the insufficiency, soiling, injury to , distortion, pressing or bursting of packages, adherence of coverings, or failure to properly protect the goods, or inaccuracy or obliteration or errors in or insufficiency or absence of marks, numbers, address or description of goods, including any damage occurring before receipt. This clause shall be construed as in addition to and not in derogation of or in substitution for any statutory exception or provision in favour of the Company.
   
5. The description of the goods and the particulars concerning the packages as stated on the face of the Warehousemen’s Receipt are those of the Customer, and the Company does not, by the issuance of a Warehousemen’s Receipt, agree that such description is correct, or admit the existences, good order and condition of the goods described, or of the contents of any package or other shipping unit, except as may be otherwise provided by applicable statute, or specifically admitted in writing by the Company. The Customer shall be liable for, and shall indemnify the Company in respect of any injury, loss or damage arising from inaccuracies or omissions in the leading marks, numbers, quantity, weight, gauge, measurement, contents, nature, quality or value, as declared by the Customer, including, in the case of partial loss of any goods to which the Customer has failed to state the value, any amount in excess of the pro-rato portion of the agreed value per package, which the Company may be required to pay to the Customer or to any third person.
   
6. The Customer shall notify the Company in writing before delivery to the Company of any goods of an explosive, flammable, corrosive, noxious or dangerous nature or which may cause damage or detriment to the warehouse or to other goods, or which are classified as dangerous or hazardous goods by the laws or regulations of the Republic of Singapore and/or under the IATA Resolution 618, Attachment "A". The packages containing such goods shall be clearly and indelibly marked to show such nature of their contents and the Customers shall indemnify the Company against any and all fines, penalties or damages suffered or incurred by the Company by reason of or in connection with the Customer’s failure to so declare and mark the nature of such goods. The attention of Customers is directed to the laws and regulations imposing criminal or civil penalties for failure to properly declare, mark and package such goods.
   
7. The Warehousemen’s Receipt is expressly agreed that it is issued subject to the sub-clauses 7(a) and 7(b) of this clause:-
   1. The Company shall not be responsible for any acts, consequences, damages or losses caused directly or indirectly by existing or threatened war, declared or undeclared, hostilities, warlike operations, civil war and civil commotions, revolutions or the operations of international law, whether such acts, consequences, damages or losses are caused by neutrals or belligerents. The Company shall not be responsible for any acts, consequences, damages, losses or delay caused directly or indirectly by strikes, earthquake, fire, flood, or any other Acts of God. Any storage or other charges resulting from detention or interruption in service shall be payable by the Customer and collected by the Company from the Customer, in addition to any charges or damages resulting from the above.
   2. The Company shall not be liable to answer for or make good any loss or damage to the goods occurring at any time by reason or by means of any fire whatsoever unless such fire shall have been caused by the willful negligence or default of the Company’s servants.
      
8. The Company may at any time require pre-payment of or on account of their expenses at 18% interest per annum will be charged if bill is not paid at maturity date.
   
9. All goods received for storage by the Company shall be held by them subject to the general lien and right of detention for money due to the Company whether in respect of the storage of those or other goods or for other charges or costs payable by the owner of the goods, and if the general line is not satisfied within 14 days from the day when expenses become payable, the goods will be sold by auction or otherwise as the Company shall at its absolute discretion deem fit and the proceeds of sale applied to the satisfaction of the lien and expenses.
   
10. No insurance of the goods for any risk shall be effected by the Company without prior written instructions and additional payment for the premium and other charges paid by the Customer.