HAULAGECONTRACTAGREEMENT

BETWEEN

AKADAWORLDTRADEI
NTERNATI
ONALLI
MTED

6,
OLUSEGUNOBASANJOWAY,DHLBUI
LDI
NG,
ITA-
EKO,
ABEOKUTA,
OGUNSTATE
[
HIRER]

AND

GREENHAULAGE&LOGI
STI
CS
16C,
UWASOTAROAD,
BENI
NCI
TY,
EDOSTATE
[
TRANSPORTER]

Preparedby :
LegalCont act
sForum
Solici
torsandAdv ocates,
Tel:08I86757350
E-mail:l
awy er
aji
@y ahoo.com
THI
SHAULAGECONTRACTAGREEMENTi
smadet
his16t
h
dayofSeptember,2021between: AKADAWORLDTRADEI NTERNATIONAL
LIMITED (her
einaf
terr ef
erred to as “
THE HIRER”
),a Company dul y
regi
ster
edinNigeri
aandl ocatedatNo.6,Ol
usegunObasanj
oWay ,
ItaEko,
Abeokuta,
Nigeri
aont heonepar t
,

And

GREEN HAULAGE & LOGISTICS (

herei
naf
ter r
efer
red t
o as “
THE
TRANSPORTER”
),l
ocat
edat16c,UwasotaRoad,Beni
nCity
,EdoStat
e,
Niger
iaont
heot
herpar
t,

(
her
einaf
tercol
l
ect
ivel
yref
err
edt
oas“
ThePar
ti
es"
).

WHEREAS:

ThePar ti
esi nt
end to ent
erint
o abusi
nesscooper
ati
on i
n whi
chThe
Transport
erwi l
lprov
ideami ni
mum of20uni
tsofHOWODUMPTRUCKS
forthehaulagecontr
act.

NOW THI
SAGREEMENTWI
TNESSETHasf
oll
ows:

I
npur suanceofthi
sagreementandi
nconsi
der
ationoft
hepromisesand
mutualcovenant
sherei
naft
ermadebythepart
ies,i
tisher
ebyagreedas
f
oll
ows:

1.DestinationandGoods:Gy psum from ApapaWhar f,LagosSt at

eto
Ibese,OgunSt at
eandKl i
nkerfrom Ibese,OgunSt atet oApapaWhar f,
LagosSt ate.However,t
hisjobi ssubjecttoavail
abil
it
yoft hemat er
ial
s,
and itshal lbe eff
ecti
ve whenev ert he materi
als are avai
labl
e,and
temporaril
ysuspendedwhent hemat erial
sareexhausted.

2.ContractDur ati
on:Thi
sCont r
actshallcommenceonSept ember16,
2021atnight(6:00pm t
o6:00am dail
y)andshallconti
nueforone( 1)year
i
nt hef
irstinst
ance.However,t
heCont r
actshallberevi
ewedev erysix(6)
monthsandcont i
nuedi
fbothpart
iesaresat
isf
iedwi t
htheperf
or manceof
eachother.

3.Rat
ePayabl
e:Therat
epay abl
ebyTheHirert
oTheTranspor
tershal
lbe
N110,
000per40tonstrucksperday
,ir
respect
iveoft
henumberoft ri
ps
donewi thint heagreedt i
me6pm to6am.TheN110, 000shallbemul t
iplied
byt henumberoft r
uckswhichis2t rucksforast art
,maki ngN220, 000
mul ti
pliedby5day supf r
ontpay
mentt ogiveusN1, 100,000,whi chcov er s
today ,Thur sdaynightofSeptember16thtoMondayni ght,
Sept ember20t h.
Ther eafter,allpayment sshal
lbemadedai l
y,dependi ngont henumberof
trucksav ai
lable,consider
ingt
headdit
ionalt
rucksthatshallbeaddedt ot he
av ai
lablef l
eetatr andom.

4.Pay
mentSchedul
e:

a)
.Unless ot
her
wise agr
eed,al
lpay
ment
s mustbe made by BANK
TRANSFERonl
yto:

AccountName: GREENDI
AGNOSTI
CS

AccountNumber
:1015-
031-
805

Banker
:ZENI
THBANKPLC

b).Theupfr
ontpay
mentforanydaynotworkedduetomechani
calf
aul
tor
non-av
ail
abi
li
tyofmater
ial
sshallberefundedtothehir
erimmediat
ely
.

5.TheHi
rer
'sObl
igat
ions:

a)TheHi rershal
ldealonlywit
htheapprov
edr epresentati
veoft he
Transporterand shal
lby no means at
temptt o surrept
it
iousl
y
ci
rcumv entorper
petuat
eactscapabl
eofsabotagingthisCont r
act
.
TheHi rershal
lpayaf i
neofN200m totheTr ansporteriffound
ci
rcumv enti
ng.

b)TheHirershal
lbr
ingt
othenoti
ceoft heTransporteranymatter,act
orconductbyanyper
sonli
nkedtotheTransporterwhichshallbeof
concer
nthrought
heappoi
ntedr
epresent
ati
veoft heTranspor
ter.

c)TheHi rershal
lnotdiscl
oseanyi nformati
onaboutt hi
scontractto
anyot herentit
yort hi
rd par
tyf orwhat everreason,and shallbe
responsibl
eforanydamagesi ncurredbyt heTransport
erfortheact
ofdiscl
osingtheinf
ormati
oncontai nedherei
ntothethir
d-par
ty.

6.TheTr
anspor
ter
’sObl
igat
ions:
 a)TheTranspor
tershallsuppl
yTheHir
erwit
hmi ni
mum of2uni
tsof
sounddumpt ruckswithmini
mum l
oadi
ngcapaci
tyof40t
onst
obe
usedfort
hisContract
.

b)TheTranspor
tershal
lensur
ethattr
uckssoprovi
dedshal
lbei
ngood
worki
ngcondit
ionfi
ttocarr
youttheagr
eedtask.

c)The Tr
anspor
tershal
lensur
e hi
strucks and dr
iver
s ar
e al
way
s
avai
l
abl
eandearlyf
orwor
koneachdayofwor k.

d)TheTr anspor
tershal
lensurethatthetruckssopr ovi
dedf ort
he
executi
onoft hi
scontr
actshallatnoti
mel eav
et heapprovedand
agreedrouteorbeusedtoengageinact
ivit
iesotherthanthatwhi
ch
i
sst at
edexpressl
yint
hiscont
ract.

e)TheTr anspor
tershalldealonlywi
ththeappr ovedr epr
esent at
iveof
theHirerandshallbynomeansat t
empttosur repti
ti
ouslycircumvent
or perpetuat
e act s capabl
e of sabotagi
ng t hi
s Cont ract.The
Transport
ershall
payaf ineofN200m i
ffoundci r
cumv enti
ng.

f
)TheTr ansportershal
lbri
ngtothenot
iceoft
heHi r
eranymatt
er,act
orconductbyanyper sonnell
i
nkedtotheCont
ractorwhi
chshallbe
of concern and shalldeal wit
h such thr
ough an appointed
repr
esentat
iveoftheHir
er.

g)The Transpor
tershallnotdi sclose any i nf
ormation aboutt his
cont
racttoanyot herenti
tyorthirdpartyf orwhateverreason,and
shal
lberesponsi
bleforanydamagesi ncurredbyt heHirerfortheact
ofdi
sclosi
ngtheinfor
mationcontainedhereintothethir
d-party
.

7.Notifi
cat
ionofDisengagement
:EitherofthePart
iesmaydi sengage
from t
hisContr
actaf
tergi
vingt
heotherPartyawri
tt
ennoticeofnotless
thanOneCalendarMonthf
rom t
heexpecteddat
eofdi
sengagement.

8.BreachofCont
ract
:Anyoftheunder-
li
stedoccur
rencesshallconst
it
ute
abreachofthi
sContr
actandshal
lberedressedbyappropr
iat
ef i
neand/or
l
egalacti
ononthedef
ault
ingpar
ty:

1.Fai
l
ureofTheHi
rert
opayTheTr
anspor
terasschedul
ed.
2.Ifanyoft
hepart
iesgetinvol
vedi
nsuspi
ciousordoubt
fulorf
raudul
ent
associ
ati
onoror
ganizat
ion.

3.Abandonmentofthi
sContractbyei
theroft
hePar t
ieswi
thoutgiv
ingthe
sti
pulat
edNoti
ceofDisengagementtotheothershal
lequal
lyatt
ractl
egal
acti
onbytheaff
ect
edParty.

9.Summar yTerminationofCont r
act:Eit
herpart
yisfreetoterminatethis
Contr
actsummar i
lyiftheotherpar
tyisguil
tyofanybreachofthi
sCont ract
.
The aggr
ieved Part
yi s al
so free t
o pursue anylegalaction avai
lable
towar
dsseekingredressforthesaidbreach.

10.For ceMaj eure-ExcuseForNon- Perf

ormance:“ Forcemaj eure”means
war,emer gency ,acci
dent ,fi
re,earthquake,flood,st orm,industrialstri
keor
otherimpedi mentwhi cht heaffectedpar t
ypr ov eswasbey ondi t
scont rol
andt hatitcouldnotr easonabl ybeexpect edt ohav etakent heimpedi ment
i
ntoaccountatt het imeoft heconcl usionoft hiscont ractort ohav e
avoidedorov ercomei tori tsconsequences.A par tyaf f edbyf
ect orce
majeureshal lnotbedeemedt obei nbr
eachoft hiscontract,orot herwise
beliabletot heot her
,byr easonofanydel ayingper formance,ort henon-
performance, ofanyofi t
sobl i
gationsundert hi scont r
actt otheext entthat
thedel ayornon- perf
or mancei sduet oanyf orcemaj eureofwhi chithas
noti
fiedt heot herpar t
yaccor dingly.Thet i
mef orper formanceoft hat
obli
gationshal l
beext endedaccor dingl
y.

Ifanyforcemaj eur
eoccur si
nr el
ati
ontoeitherpartywhichaff
ectsoris
l
ikelyt
oaf f
ecttheperf
ormanceofanyofi t
sobligat
ionsundert
hiscontr
act
,
i
tshallnoti
fytheotherpartywi
thinareasonableti
meast othenatureand
extentoftheci r
cumstancesinquestionandt hei
reffectonit
sabili
tyto
perfor
m.

Iftheperfor
mancebyei therpartyofanyofi t
sobl i
gati
onsunderthis
contr
actisprevent
edordelayedbyf or
cemajeureforacont i
nuousper
iod
i
nexcessoft woweeks,theot herpart
yshal
lbeent i
tl
edt otermi
nat
ethis
contr
actbygivi
ngwr i
tt
ennoti
cetothepart
yaffect
edbyt heforcemaj
eure.
11.Ent
ir
eAgr eement
:Thi
sAgreementcontai
nstheent
ir
eunderstandi
ngof
thepar
ti
esher et
oandmaynotbemodifiedoramendedexceptbyawr i
ti
ng
whichi
ssignedbythePar
ti
estobechargedther
ewit
h.

12.Cont
rol
li
ngLaw:Thi
sAgr
eementshal
lbecont
rol
l
edbyandconst
rued
i
naccor
dancewi
tht
hel
awsoft
heFeder
alRepubl
i
cofNi
ger
ia.

13.SuccessorsandAssi
gns:ThisAgreementshalli
nuret
othebenef
itof
andbebindingupont
heheir
s,sharehol
der
s,successor
sandassi
gnsofthe
Part
ies.

INWITNESSWHEREOFt hepart
ieshaveher
euntoaff
ixedt
hei
rhandsand
seal
thedayandyearf
ir
stabovewrit
tenSI
GNED,SEALEDANDDELIVERED
Bythewithi
nnamedHI RER
AKADAWORLDTRADEI NTERNATIONALLIMITED

_
___
_ _
___
_____
___
PHILI
POGBAOLA
(MD/CEO)

SI
GNED,SEALEDANDDELIVERED
Bythewit
hinnamedTRANSPORTER
GREENHAULAGE&LOGI STI
CS

__
____
____
___
___
____
DR.MICHAELOBASUYI
(MD/CEO)