QUOTATION Tranos Contracting LImited,

22A Guinness Road, Ogba, Ikeja,

Lagos - Nigeria.
TIN: 02335683-0001/VIVIONCR

TO: SHIP TO:

Crown Automation Crown Automation
Lagos Lagos
Nigeria Nigeria
070-354-573-23 070-354-573-23

ATTN: ATTN: Efe Ighorodje

Quote No. Date Cust No S/M Your Referenced Inquiry Delivery Promise F.O.B. Quote Expiration
2300536 1/31/2024 000368 005 5 Working Days

Price Extension
Item Quantity UM Part Description NGN NGN

001 1.00 EA MDB/LVP/MCC 125A LV Panel 18,654,542.00 18,654,542.00

Refer to attached Technical

Specification document

TOTAL ESTIMATED TAX 1,399,090.65

Total for Quote NGN 20,053,632.65

NOTE: This Quotation was electronically generated and does not require signature.

HAWA.A
Approved By:___________________________

2/19/2024 5:39:45PM

Quote No: 2300536
STANDARD TERMS AND CONDITIONS OF SALE
The following terms and conditions (this “Agreement”) are applicable to any order for Products (Sale Order) placed by a Buyer with and accepted by Tranos Contracting Limited. Tranos is referred to as
the "Supplier" and the person placing Order for Products is referred to as the "Buyer."
1. SCOPE OF AGREEMENT. Supplier will supply Products in Sale Order to Buyer
notwithstanding any contrary provision contained in Buyer’s purchase orders ,
invoices, acknowledgements or other documents. The details of the Products
(e.g. quantity, price, and product specifications) shall be contained in the Sale
Order. Buyer's acceptance of delivery or payment for the Products is
acceptance of this Agreement. No assignment, variations, modification of,
addition to, or waiver of, any of this Agreement will be effective unless agreed to
in writing by an authorized representative of Supplier. Supplier will notify Buyer
in writing of changes, but Supplier reserves the right to make other changes
without notice unless mutually agreed upon between Buyer and Supplier in Sale
Order.
2. PRICE AND TERMS.
(a) Pricing. Price is as set out in Sale Order and shall not include packing ,
shipping, insurance and taxes which will attract additional charges to be paid by
the Buyer. Prices in Sale Order are based on known Buyer requirements and
conditions at the time of the quotation and are subject to change upon a change
in the price of applicable raw materials in excess of five percent (5%) from the
date of such schedule. Pricing is also subject to change for new requirements or
conditions to Sale Order.
(b) Payment Terms. Buyer shall make payment according to agreed payment
terms. If Buyer does not pay an invoiced amount within terms, Buyer will in
addition pay late payment charge of five percent (5%) per month over NIBOR
rate on the date of payment and Supplier reserves the right to, without liability
and without prejudice to any other remedies, suspend performance and withhold
shipment of the Products or stop Products in transit, until full payment is made .
Where Supplier takes steps to recover any amount due as a result of this Sale
Order, the Buyer shall reimburse Supplier for all costs, including but not limited
to attorneys’ fees.
(c) Delivery. Unless otherwise specified in the Sale Order, Products will be
delivered on the date of delivery, Ex Works Ogba (Location) unless otherwise
specified in Order. Demurrage charges will apply for any Products at the
Supplier’s Location after the date of delivery .
(d) Shipments. Buyer shall be obligated to pay for the actual quantity shipped in
line with the Sale Order. Supplier's weights taken at shipping point shall govern
shipment. If Supplier cannot fulfill the Sale Order due to any cause beyond
Supplier's reasonable control, including, but not limited to, natural disaster ,
casualty, labor disputes, accidents, or unavailability of supplies or transportation ,
the estimated delivery time of shipment will be extended accordingly, and
Supplier will not be liable to Buyer for any damages caused by the delay.
(e) Returns. No returns can be made without the authorization of Supplier.
returns shall be in accordance with Supplier's specific shipping instructions.
(f) Modification and Cancellation. No cancellations are allowed, and Buyer shall
be responsible for the full Price in addition to any additional modification and
charges including demurrage charges.
(g) Quality Standards. Supplier's standard specifications for product and quality
assurance protocols are designed to comply with general industry quality
standards. Buyer requirements for special quality assurance protocols may
necessitate an additional commercial negotiation and compensation to satisfy
both parties.
(h) Buyer Materials. Buyer represents and warrants that any material it
furnishes for performance of services by Supplier: (i) does not infringe any
copyright or trademark or other Intellectual Property of any third party; (ii) is
not libelous or obscene; (iii) does not invade any persons right to privacy; and
iv) does not otherwise violate any laws or infringe the rights of any third
party.
(i) Inventory. In the event any inventory is maintained by the Supplier on behalf of
Buyer, the applicable Addendum will be attached to this Agreement .
2/19/2024 5:39:45PM
QUOTATION Tranos Contracting LImited,
22A Guinness Road, Ogba, Ikeja,
Lagos - Nigeria.
TIN:02335683-0001/VIVIONCR
OTHER TERMS.
(a) Intellectual Property. All inventions, patents, copyrights, trademarks and trade
names, trade secrets and information embodying proprietary data existing and
owned by Supplier as of the date of the Sales Order shall remain the sole and
exclusive property of Supplier.
(b) Confidential Information. Any information Buyer receives or otherwise has
access to in connection with this Agreement shall remain the property of the
Seller. Buyer shall not disclose Confidential Information to any third party ,
except to agents with similar confidentiality obligations.
(c) Indemnification. The Buyer will fully indemnify and hold harmless the Supplier
from and against all damages, losses, claims, and expenses, including attorney
fees, incurred by Supplier as a result of: (i) Incorporation of the Product into
another product, (ii) Any breach by Buyer of any of its obligations under these
terms of sale, or (iii) Any claimed unfair competition or patent, trademark, or
copyright infringement or any other claim resulting from Supplier 's manufacture
of Products to Buyer's specifications.
(d) Breach. In addition to all other rights to which a party is entitled under this
Agreement, if either party breaches any term of the Sale Order or the
Agreement, the non-breaching party shall have the right to: ( i) terminate the
Sales Order immediately upon written notice to the other party; and (ii) seek to
obtain injunctive relief to prevent such breach or to otherwise enforce the terms
of this Agreement. Failure to properly demand compliance or performance of
any term of the Sale Order or this Agreement shall not constitute a waiver of
Supplier’s rights hereunder and prior to any claim for damages being made for
non-conformance or breach, Buyer shall provide Supplier with reasonable
notice of any alleged deficiencies in the Product or performance under the Sale
Order or this Agreement and Supplier shall have a reasonable opportunity and
time to cure any such alleged non-conformance or breach.
(e) Warranty & Disclaimer. Supplier warrants that the Product shall reasonably
conform to specifications in all material respects or otherwise to Supplier’s
standard specifications and manufactured to the required specifications for such
Product. Statements are based on our experience and knowledge and shall not
constitute guarantee of performance, modification or alteration of Tranos’
standard warranty.
(f) Limitation of Liability. The Supplier’s total liability for damages shall be limited
to the total fees due to the Supplier hereunder for the Sale Order upon which a
claim is based.
(g) Dispute Resolution. The Sale Order and these terms shall be governed by the
laws of the Federal Republic of Nigeria. Any controversy, interpretation or claim
(Dispute) between the parties, including, but not limited to, this Agreement or
All Sale Order and any claim based on an alleged tort will be settled by mediation ,
failing which by a single arbitrator as final arbiter in accordance with the
Arbitration and Conciliation Act Cap. A18, Laws of the Federation of Nigeria
2004 or any amendments at the time of dispute referral, held at the Lagos Multi
Door Court House.
(h) Force Majeure. Neither party shall be liable for any failure to perform or delay in
performance of this Agreement to the extent that any such failure arises from
acts of God, war, civil insurrection or disruption, riots, government act or
regulation, strikes, lockouts, labour disruption, cyber or hostile network attacks ,
or any cause beyond such party’s commercially reasonable control .
Order must include the following details, amongst others, Details of Work-
Product Specifications & Components; Details of Order- Quantity; Price;
Delivery Location (S Works [Ogba]); Delivery Date; Seller’s Address for Delivery
& Data Protection Confirmation
Standard Terms and Conditions of Sale - Nigeria.
© February, 2019 Tranos. Nigeria