. Purpose.
This Agreement sets forth the understanding of the parties to date and shall serve as the basis for negotiation of a definitive Logistics Services Agreement ("LSA") pursuant to which WICE would provide logistics services to PTT at 719/19 Nongkham Sriracha Chonburi 20110, all as described in Annex 1 to the Agreement.
Subject to the terms of the present Agreement, WICE is obliged to provide PTT the Services and other logistic services as described in Annex 1 of this Agreement, in connection to the Products as described in Annex 1 of this Agreement. PTT agrees to pay for such services the tariffs described on Annex 2 of the present Agreement.