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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 containers) 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 feesetforth 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: a) In the event of a loss, CUSTOMER agrees to notify SECTRAN in writing within four (4) calendar days after the loss is discovered or should have been discovered in the exercise of due care. CUSTOMER agrees that any loss shall be reported by CUSTOMER to SECTRAN within forty-five (45) days after the pick-up by SECTRAN of the securely sealed container in connection with which the loss is asserted. Unless such notice has been received by SECTRAN within this forty-five (45) day period, such claim shall be deemed waived and released by the CUSTOMER. It is agreed that both parties will work together to determine the extent of the loss, and if possible, the cause of loss. c) Unless CUSTOMER has opted -out of its reconstruction obligations in writing above, CUSTOMER shall retain sufficient information to allow reconstruction of items) in the event of a loss. In addition, CUSTOMER agrees it will cooperate and assist in reconstructing lost, damaged, or destroyed items constituting a part of any loss. SECTRAN's liability, unless otherwise stated in this Agreement, shall be the payment to the CUSTOMER for the reasonable costs necessary to reconstruct the item(s), any necessary cost because of stop -payment procedures or reasonable costs associated with CUSTOMER providing information and assistance with recovery of loss. The term "Reconstruction' is defined to mean the identification of the item(s) only to the extent of determining the face amount of said item(s) and the identity of the maker or endorser of each or providing audit trail, foreign or internal network information, data, customer information or other relevant information to allow SECTRAN to recover any and/or all item(s) or cash associated with loss. CUSTOMER agrees in the event of a loss, that any liability of SECTRAN shall be reduced by the face value of reconstructed or recovered item(s). d) Upon the request of SECTRAN, CUSTOMER will furnish a proof of loss to SECTRAN or its insurance carrier. Once reimbursement has been made to CUSTOMER, SECTRAN and its insurer shall receive any and all of the CUSTOMER'S rights and remedies of recovery. S. Limitations & Force Maieure: a) The CUSTOMER agrees that SECTRAN will not be liable for any loss or damage caused by or resulting from shortages claimed in the contents of the sealed or locked shipment(s), for non-performance or delays, or for the breakage of statuary, marble, glassware, Page 3 Customer Initials