Terms of Payment

Dear credit Customer,

Hereby you find attached the standard Safmarine Credit Agreement of which the standard terms and conditions (1-20) apply to any Credit Agreement concluded between Safmarine and its credit Customers.

The Special Terms of said Credit Agreement are agreed upon separately in the Credit Letter. Reference to "Credit days" in the standard terms and conditions of the Credit Agreement will relate to the Credit Period as indicated in the Special Terms. Reference to "Country" relates to the currency of any country of Safmarine's choice, at Safmarine's discretion.

Credit agreement

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Safmarine Belgium

Schaliënstraat 3
B-2000 Antwerp
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