| TERMS OF
REFERENCE |
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In these terms and conditions for exhibiting, the
term "Exhibitor" shall include all employees, partnership,
firm or individual to whom space has been allocated for the purpose
of exhibiting. The term "Organizer" shall mean "Korea
Wines & Spirits Importers Association" and the term ¡®Management¡¯
shall mean ¡®Korea Int¡¯l Exhibition Company., Ltd (KIECO)¡¯.
The term
"Exhibition" shall mean "Seoul International Wines &
Spirits Expo 2008¡± including "SWSEXPO 2008" This mean ¡°SWSEXPO
2008(Seoul International Wines & Spirits Expo 2008)¡± APPLICATION
FORM is same effective with a regulation.
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| ALLOCATION
OF EXHIBIT SPACE |
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The Organizer shall allocate the space in accordance
with the nature of the exhibit or in the manner the Organizer deems
fit. The Organizer shall reserve the right to change the space allocated
to the Exhibitor at any time prior to the commencement of the build-up
of the exhibition should the circumstances require changes. Such changes
shall be at the discretion of the Organizer. The Exhibitor shall not
claim for compensation as a result of the changes
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| APPLICATION
AND PAYMENT PROCEDURES |
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Applications should be sent to MANAGEMENT OFFICE
along with a transfer slip (check or copy of a bank) paying for the
initial 50% of the participation fee and/or shell cost. The contract
shall be established and be put into effect upon the Exhibitor's payment
of 50% of the participation fee and/or shell cost. Exhibitors will be
informed about the space assignments shortly after the receipt deadline.
The balance should be paid by not later than 31, March, 2008.
-Bank Name: KEB Bank (Korea Exchange Bank)
-Accounts No.: 133-JSD-100136
-Beneficiary: Mun, Young-Su
-Swift Code : KOEXKRSE
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| PARTICIPATION
FEE |
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Packaged booth (9§³):USD $2,600 (excluding tax)
Raw space (9§³):USD$2,200 (excluding tax)
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| CANCELLATION |
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Should Exhibitor decide to cancel participation,
the following penalty will be put upon the exhibitor to be paid within
5 days of cancellation to the organizer.
Participation fees already
paid shall be taken for the penalty.
Should that amount not be sufficient,
the difference must be paid.
-PENALTY RATE
*Cancellation before 31, March, 2008 : 50% of the total participation
fee for the cancelled booth.
*Cancellation after 31, March, 2008 : 80% of the total participation
fee for the cancelled booth.
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| INSTALLATION
AND REMOVAL |
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The installation and removal of the exhibits and
booths must be completed by the date and time stipulated by the Organizer.
Exhibitors shall not indemnify the Organizer against any loss which
may be caused by delay or damage to the Exhibition Hall.
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| COORDINATION
OF EXHIBIT WITH ORGANIZER |
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Exhibitors shall provide descriptions of their exhibits
before the construction of the exhibits and ensure compliance with regulations
and restrictions on booth design and activity. Exhibitors shall also
agree to provide the Organizer with the necessary information facilitating
the overall promotion of the Exhibition.
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| INSURANCE,
SECURITY AND SAFETY |
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Exhibitors are required to subscribe to all risks
insurance policy on all equipment and products during the Exhibition
as well as during set-up and take-down. Materials used in stand and
display construction must be properly fireproof in accordance with the
local fire and safety regulations. The Organizer shall reserve the right
to limit any constructions or demonstrations that pose as potential
safety hazards. The Organizer shall not be held responsible for any
loss, theft, or damage to any articles belonging to the Exhibitor and
Exhibitor shall not claim for compensation result of the loss.
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| USE OF
EXHIBIT SPACE |
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Exhibitors are bound to exhibit the announced products
and to man the stands with competent personnel during the open hours
of the Exhibition. Activities of the Exhibitor shall be confined within
limits of the Exhibitor's booth. The exhibit will be consistent with
the theme of the Exhibition and the Organizer reserves the right to
restrict exhibits which may detract from the general character of the
Exhibition.
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| LIABILITY |
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It is mutually agreed the manager shall not be liable
to the Exhibitors for any damages made to and/or loss of the Exhibitor¡¯s
property, or for injuries to persons resulting from any cause. All claims
for any such loss, damages or injuries are expressly waived by the Exhibitors.
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| BREACH OF CONTRACT
AND WITHDRAWAL BY EXHIBITOR |
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In the event that the Exhibitor refuses to use all
or part of the spare allocated or the Exhibitor defaults on the payment,
the Organizer shall reserve the right to terminate the contract forthwith.
In addition, the stand charges shall not be refunded. If the Exhibitor
withdraws from participation without the Organizer's approval, the payment
made by the Exhibitor shall not be refunded.
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| RESTRICTION
ON SELLING |
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It is agreed that the sole purpose for contracting
exhibit space is to display and/or demonstrate equipment, supplies and/or
services. Cash sales within the confines of the exhibit space are prohibited.
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| RESTORE
TO THE ORIGINAL STATE |
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The organizer shall restore to the original state
in the exhibition hall by the removal date and time. In the case of
Organizer don't removal in the allowed time so have any loss, per able
to Under unavoidable circumstances. The Organizer shall not be held
responsible for any loss to the Exhibitor by reason of non-removal in
the allowed time under exhibitor circumstances and Exhibitor shall not
claim for compensation result of the loss.
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| CHANGES |
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The Organizer reserves the right to change the venue
and duration of the Exhibition if exceptional circumstances demand such
changes. In the event of a change of venue and/or date, or cancellation
of the Exhibition, the Exhibitor shall not be entitled to any claim
for compensation in connection with the booking for participation.
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| SUPPLEMENTARY |
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When necessary, the Organizer shall have the right
to issue supplementary regulations in addition to those in the TERMS
AND CONDITIONS FOR EXHIBITING. Those regulations and instructions shall
be binding on the Exhibitors. The Exhibitor shall observe the COEX Rules
and Regulations.
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| ARBITRATION
OF DISPUTES |
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Any dispute, difference or question arising hereafter
between the Organizer and the Exhibitor concerning the true construction
of these TERMS AND CONDITIONS FOR EXHIBITING or the rights and liabilities
of the parties thereto shall be settled in accordance with the Commercial
Arbitration Rules of the Korean Commercial Arbitration Board. The verdict
of the above arbitration shall be final and binding upon both.
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