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$3.01 $3.10 $ .10 8.50% $2.91 $3.00 $ .10 8.00% $2.81 $2.90 $ .10 7.50% $2.71 $2.80 $ .10 7.00% $2.61 $2.70 $ .10 6,50% $2.51 $2.60 $ .10 6,00% $2.41 $2.50 $ .10 6,60% $2.31 $2.40 $ .10 5.00% $2.21 $2.30 $ .10 4,50% $2.11 $2.20 $ .10 4.00% $2.01 $2.10 $.10 3.50% $1.91 $2.00 $.10 3.00% $1.81 $1.90 $.10 2.50% $1.71 $1.80 $.10 2.00% $1.61 $1.70 $.10 1.50% $1,51 $1.60 $.10 1.00% $1.41 $1,50 $.10 .50% $1.31 $1.40 $.10 .00% 3a. SECTRAN reserves the right in times of global economic downturn or due to changes in regulatory obligations to renegotiate rates and fees in good faith with customer. In the event that CUSTOMER refuses to consent to such adjustment(s) or fee(s), SECTRAN shall have the right to terminate this Agreement upon Thirty (30) days written notice to CUSTOMER. 4. Liability: SECTRAN agrees to assume the liability for any loss, according to the terms of this Agreement of the securely sealed container(s) from the time SECTRAN signs for and receives physical custody of the sealed container(s). SECTRAN' responsibility terminates when the CUSTOMER or its designated consignee takes physical possession of the sealed container(s) and signs SECTRAN' receipt. If it is impossible to complete the delivery, SECTRAN shall be responsible for any loss until the sealed container(s) is returned to the CUSTOMER or its designated agent and a signed receipt obtained. While the sealed container(s) is stored in the CUSTOMER'S premises, SECTRAN does not assume the liability for any loss. If CUSTOMER conceals or misrepresents any material fact or circumstance concerning the property or container, or the contents thereof, SECTRAN will have no liability for any loss in any way related to such fact or circumstance. SECTRAN reserves the right to take any and all action as may be reasonably necessary to prevent money laundering to the extent permitted under law or as may be required by any regulatory body that may exert a right of control over SECTRAN. 5. Excess Liability: The following terms will apply if CUSTOMER did not decline excess liability coverage on the signature page. If SECTRAN shall accept tender of a shipment in excess of the Liability Coverage per Shipment Amount, CUSTOMER agrees to pay SECTRAN the excess liability fee set forth on the signature page. CUSTOMER, by paying this additional fee, will obtain full dollar coverage of any or all losses, subject to the other provisions of this Agreement. If CUSTOMER declines Excess Liability Coverage, liabilities covered under this Agreement are limited to the Liability Coverage per Shipment Amount. 7. Claim Procedures: The following provisions shall control in the event of any loss or claim, notwithstanding anything to the contrary contained in this Agreement: Updated: July 2020 CONFIDENTIAL IPage