AGREEMENT

FOR AGENCY SERVICES IN ARRANGING AND DELIVERING THE REPORTS

ON TRADE TO EUROPEAN UNION COUNTRIES

№.

VILNIUS June 1, 2011

I, the undersigned………………………………………………..represented by……………………………(hereinafter referred to as the Agent offering INTRASTAT reporting services)

And………………………………… represented by______(hereinafter referred to as the Service recipient) agreed upon the following:

I. SUBJECT MATTER OF THE AGREEMENT

Within the order set forth by the Lithuanian laws and other regulatory documents, the Agent shall represent the Service recipient in arranging the reports on the Client’s trade to the European Union countries (hereinafter referred to as INTRASTAT reports) and delivering them to the customs offices and the Service recipient shall give necessary rights and documents to the Agent to implement such duties and pay for the rendered services as per the mutually agreed rates.

2. RIGHTS AND LIABILITIES OF THE AGENT

2.1. Within the order set forth by the Lithuanian legislation and other regulatory documents, the Agent shall:

2.1.1. arrange reports on the Client’s trade to the European Union countries;

2.1.1 submit the reports to the customs offices on the Client’s behalf;

2.1.3 arrange the specified reports and deliver them to the customs offices on the Client’s behalf.

3. RIGHTS AND LIABILITIES OF THE SERVICE RECIPIENT

3.1. The Service recipient shall provide to the Agent the following:

3.1.1. invoices for the imported and exported goods (copies) specifying:

3.1.1.1.Consigner;

3.1.1.1.Consignee;

3.1.1.3. Brief description of the goods;

3.1.1.4. Delivery conditions;

3.1.1.5. Countries of origin of the goods;

3.1.1.6. Weight (Net) in kg and measurement units (or quantities) of every item;

3.1.1.7. Invoiced value and currency of every item;

3.1.2. Invoices for transportation services where delivery of the goods is the Service recipient’s responsibility;

3.2. Before the Wednesday of the next week, the Service recipient shall hand over to the Agent the documents specified in 3.1 hereof for the goods imported and exported within the week;

3.3. Within the period of agreement validity, the Service recipient shall use the Agent’s services in arranging and delivering the Intrastat reports.

4. SETTLEMENT OF ACCOUNTS

4.1. Not later than within 60 (sixty) days following receipt of the invoice the Service recipient shall pay (in cash or to the bank account) the Agent for the rendered services as per the rates (specified in the Annex hereto), which have been mutually coordinated by the parties.

4.2. The rates for the services have been specified in the Annex hereto, which makes a constituent part hereof;

4.3. In case of change of the prices for power resources, inflation or where governmental institutions change or introduce new taxes, the Agent shall be free to revise the agreed upon rates by notifying the Service recipient about it in written.

5. Liability of the parties

5.1. The Agent shall be liable for direct losses by the Service recipient if these losses are related to delay or mistakes by the Agent arrangement or delivery of the INTRASTAT reports to the customs institutions.

5.2. The Agent shall not be liable for mistake in the report, its late delivery and the losses suffered by the Service recipient arising due to:

5.2.1. misleading or inadequate information in the documents submitted to the Agent as per the provisions of the

item 3.1 hereof;

5.2.2. late submission of the documents set forth in the item 3.1 hereof to the Agent

5.3. The Service recipient shall cover all the losses by the Agent, if these losses resulted from failure of the Service recipient to follow the requirements set forth in the item 3.1 hereof and (or) misleading or inadequate information in the documents submitted to the Agent as per the requirements of the item 3.1. hereof;

6. CONFIDENTIALITY

6.1. Within the period of the agreement validity and after its closure, the Agent and its employees must follow confidentiality requirement with respect to the information describing the Service recipient and the related companies, where such information must not be transferred to the third persons from the point of view of its essence;

6.2. If not permitted in written by the Service recipient, the Agent shall not specify the name of the client or

Related names in the reference lists of any type and shall not refer to cooperation with the Service recipient;

6.3. The provisions of the item 61 and 6.2 will not apply in cases, where the Agent implements the requirements of the governmental institutions of the Republic of Lithuania;

6.5. Upon closure of the validity period of this agreement, the Agent shall immediately return the Service recipient’s materials.

7. VALIDITY OF THE AGREEMENT, PROCEDURE FOR AMENDMENT AND TERMINATION OF THE AGREEMENT

7.1. The present agreement shall come into force since the day of its signing and shall remain in force for an unlimited period.

7.2. The agreement may be supplemented or amended upon written arrangements by the Parties;

7.3. The agreement can be terminated in the following cases:

7.3.1. The Agreement may be terminated if the Agent or the Service recipient fails to follow the requirements of the present agreement;

7.3.2. if so agreed upon by the Parties;

7.3.3. in other cases set forth by legislation;

7.4. The parties shall inform each other about termination of the Agreement at least 30 days in advance;

8. MISCELLANEOUS

  1. The disputes and disagreements arising out of the failure to execute the present agreement shall be settled by way of negotiations. In case of failure to come to an agreement, the disputes shall be handled within the order set forth by the legislation of the Republic of Lithuania;
  2. The Agreement is made in two copies having equal legal power, one copy to each Party hereto.
  1. Legal addresses of Parties

AGENT:

1208

......

(FULL NAME AND POSITION) (FULL NAME AND POSITION)

L.S. L.S.