Whereas, Sankyu-Thai is a logistics provider that possesses expertise, qualified personnel, competent partners and certain equipment necessary to provide transportation, freight forwarding, warehousing, customer service and other logistics-related service; and are experienced in coordinating the timely execution of various procedural steps to assist in the receipt of incoming and the dispatch of outgoing shipments.
Whereas, TYSM desires to enter into basic agreement with Sankyu-Thai to have Sankyu-Thai perform the warehousing and inland transportation works of the materials.
Whereas, Sankyu-Thai, is willing to enter into such agreement with TYSM with the understanding that details such as rate schedule and additional terms and conditions not specified in the basic agreement, shall be agreed upon directly in individual contract between TYSM and Sankyu-Thai to which the specific logistics work will be awarded by TYSM.
Now, therefore, in consideration of the mutual promises and covenants contained herein, TYSM and Sankyu-Thai agree as follows: