Master Terms, Conditions, General Operational Framework & Transparency Policy

H&CO. INTERNATIONAL LOGISTICS CORPORATION
Master Terms, Conditions, General Operational Framework & Transparency Policy

Part I: Terms on Credit and Collection
1. Advance Payment Requirements: Except where a commercial credit account has been formally approved and remains active under Clause 8, all transactions, service orders, or standard arrangements are strictly conditional upon the receipt of an eighty percent (80%) advance payment. This advance must be cleared and credited to the company's designated account prior to the mobilization of resources, scheduling of deliveries, or commencement of any contractual services.

2. Container Deposits: All container deposits assessed under this agreement are strictly non-negotiable and non-transferable. The Consignee shall be solely responsible for the timely payment and full satisfaction of such deposits in accordance with the specified schedule. These deposits will be held as security against equipment handling, damage, or holding overruns, without prejudice to any other remedies available under law.

3. Late Payment and Interest Implementation: Invoices remaining unpaid past their designated due date shall be considered automatically overdue. A late payment interest charge at the rate of two percent (2%) per month (or part thereof) shall be applied to the outstanding principal balance. Interest shall accrue continuously from the day immediately following the due date until full and final settlement is received.

4. Billing Clarification and Disputes: The client is granted a strict window of four (4) calendar days from the date of invoice issuance to raise any queries, clarifications, or formal disputes regarding the billed items. Upon the expiration of this four-day period, if no clarification has been sought, the invoice shall be deemed final, binding, and uncontestable by the client.

5. Credit Investigation and Background Checks: H&CO. International Logistics Corporation reserves the absolute right to conduct a thorough and independent credit investigation and background validation of the client at any stage of the business relationship. The establishment, maintenance, or revision of credit limits and terms remains contingent upon a satisfactory result from such assessments.

6. Service Contract and Formal Agreement: These terms and conditions are intended to operate in conjunction with, or be superseded by, the provisions of a fully executed Service Contract or Agreement, or an accepted proposal binding small volume accounts under these terms and conditions. All specific operational parameters, service levels, and customized financial structures must be formally documented and signed by authorized representatives of both parties.

7. Mandatory Documentation Requirements: To initiate a credit account, clear onboarding verification, and facilitate compliance under local regulations, the client must submit valid, certified copies of the following document package:

Completely Accomplished Client Information Sheet (CIS): Fully filled out, signed by authorized representatives, and complete with trade partner references.

Latest Business Permit / Mayor's Permit: Valid for the current fiscal period.

Bureau of Internal Revenue (BIR) Permit / Registration Certificate: Reflecting current and correct tax registration status.

Income Tax Return (ITR): Most recent annual audited or filed tax filings.

General Information Sheet (GIS): Latest filed copy (if applicable/incorporated).

Bureau of Customs (BOC) Import / Export Registration / Accreditation: Required for all international logistics, transport, and customs-bound clearances.

8. Commercial Credit Accounts (Terms and Limits): Approved clients may be granted a commercial credit account governed by a dual-control framework consisting of an Approved Credit Term (the time window allowed for payment) and an Approved Credit Limit (the maximum allowable cap on outstanding balances).

Credit Term Threshold: The Credit Term determines the exact maturity date of an invoice from the date of issuance. Any balance remaining unpaid beyond the approved term automatically triggers the late-payment provisions and escalation framework outlined in Part II.

Credit Limit Capacity: The Credit Limit represents the total aggregate value of all unpaid invoices, pending billings, and unbilled operational exposures at any given time.

The Exposure Cap Rule (Service Suspension): Credit availability is strictly conditional. Logistics resource mobilization, customs clearances, and cargo releases will be automatically suspended without prior notice if either of the following triggers occurs first:The client’s total outstanding exposure is at or above 100% of the Approved Credit Limit, regardless of whether the invoices are currently past due.Any single invoice remains unpaid past its Approved Credit Term.

Reactivation Mechanism: To restore suspended logistics operations under this framework, the client must make immediate payments to bring the account back within both its approved credit limit cap and its aging terms.

Adjustment and Re-evaluation: In alignment with Clause 5, H&CO. reserves the right to dynamically adjust, reduce, or revoke either the credit terms or credit limits at its absolute discretion based on ongoing payment histories or periodic credit re-investigations.

Part II: Account Governance & Late Payment Escalation Framework

A. Objective and Rationale: To maintain operational integrity, ensure uninterrupted logistics services, and protect shared supply chain workflows, the Company enforces an integrated revenue management framework. Both parties recognize that timely capital flow is essential to secure asset allocations (such as container releases, customs clearance, and trucking capacity). Accordingly, when an account exceeds its approved credit terms, a systematic escalation process is initiated to swiftly resolve administrative, operational, or commercial bottlenecks before services are impacted.

B. Breakdown of Account Management Activities: To ensure complete transparency, outstanding accounts will progress through the following structured phases based on the aging of the overdue balance:

Phase 1: Routine Billing & Reconciliation (Days 1 to 30 past due): The Credit and Collections team handles primary management. Activities focus on verifying statement alignment, issuing routine payment reminders, resolving minor administrative discrepancies, and confirming invoice receipts.

Phase 2: Commercial Escalation & Dispute Resolution (Days 31 to 45 past due): If an account breaches the 30-day overdue threshold, or if an underlying billing friction is identified, the account is escalated to Commercial Leadership and Key Account Management. Activities during this window involve high-touch communication (meetings or direct consultation) to untangle any outstanding operational or commercial disputes and secure a formal, written payment commitment.

Phase 3: Formal Administrative Notice (Days 46 to 60 past due): If commercial intervention fails to resolve the overdue balance, formal administrative notices will be issued. A first official demand letter will restate the overdue balances and past-due invoices and request immediate settlement.

Phase 4: Service Suspension Warning (Days 61 to 74 past due): A final administrative warning is issued. Failure to settle the outstanding balance within seven (7) business days of this notice will result in the automatic suspension of all ongoing logistics services, customs clearances, and cargo releases.

Phase 5: Legal Restructuring & Operations Hold (Day 75+ past due): Accounts remaining unresolved for more than 75 days past due are placed on an absolute operational hold and transferred to the Company's legal counsel. Legal enforcement activities will commence, including asset attachments, binding arbitration, or collection lawsuits, with the client bearing all associated legal and collection fees.

Part III: General Conditions of Contract

SECTION I – GENERAL CONDITIONS
All and any business undertaken, including any advice, information or service provided whether gratuitously or not by H&CO. International Logistics Corporation (hereinafter referred to as the “H&CO. International Logistics Corporation”), is transacted subject to the Conditions hereinafter set out. All other terms and conditions are hereby excluded. Should the Customer wish to contract with H&CO. International Logistics Corporation otherwise than subject to these Conditions, special arrangements can be made and revised prices quoted, provided that such arrangements shall apply only if reduced to writing and signed by its authorized officer(s). Save as aforesaid, no agent or employee of H&CO. International Logistics Corporation has the authority to waive or vary these conditions. Where the relationship between H&CO. International Logistics Corporation and its customers is subject to trade practices legislation or maritime or civil codes compulsorily applicable thereto, H&CO. International Logistics Corporation shall be entitled to all the rights, immunities, exceptions and limitations conferred on suppliers of services by such legislations and if any of these conditions are repugnant to any such legislation the same shall be void to the extent of such repugnance but no further.(I) H&CO. International Logistics Corporation is a Freight Forwarder and subject to the following provisions, shall be entitled either to arrange all or any of the carriage, storing, packing or handling of the goods, or any other services required by the Customer, as agent on behalf of the Customer, or to provide all or any part of such services as principal contractor or agent of the principal contractor, as the case may be. The word “goods” in these conditions shall include any packing, containers, or equipment of whatever shape and size.(II) When acting as an Agent, H&CO. International Logistics Corporation does not make or purport to make any contract with the Customer for the carriage, storage, packing or handling of any goods nor for any other physical service in relation to them and acts solely on behalf of the Customer in securing services by establishing contracts with third parties so that direct contractual relationships are established between the Customer and such third parties. As such, H&CO. International Logistics Corporation shall be entitled, and the Customer hereby expressly authorizes it, to enter into all and any contracts on behalf of the Customer as may be necessary or desirable to fulfill the Customer’s instructions, and whether such contracts are subject to the trading conditions of the parties with whom such contracts are made, or otherwise.(III) To the extent that H&CO. International Logistics Corporation by its own servants performs all or any of the carriage, storage, packing or handling of the goods, or any other services required by the Customer, H&CO. International Logistics Corporation shall be deemed to provide such services, or the part so performed, as principal contractor or as an agent of the principal contractor.(IV) Where H&CO. International Logistics Corporation has held itself out to be the operator of a regular line or service over the route or part of the route, on which the goods are to be carried, and has accepted instructions for the carriage of the goods by that line or service, H&CO. International Logistics Corporation shall (except where H&CO. International Logistics Corporation procures a bill of lading or other document evidencing a contract carriage between the carrier and the Customer or Owner) be deemed to provide such carriage or such part thereof, as principal contractor without prejudice to the question of whether any of the other services are arranged by H&CO. International Logistics Corporation as agent or provided as principal contractor.(V) Except to the extent set out in sub-clause (IV) H&CO. International Logistics Corporation shall be acting as agent of the Customer in any case where it enters into a contract with any other person for the carriage, storage, packing or handling of the goods or for any other services in relation thereto and such contract is capable of being enforced by the Customer or Owner as principal, whether or not the Customer or Owner is named or disclosed as principal by H&CO. International Logistics Corporation.(VI) The charging or agreement to charge a fixed price for any services shall not of itself determine whether H&CO. International Logistics Corporation arranges such services as agent or provides the same as principal contractor.

Customer Warranties: The Customer warrants that he is either the owner or the authorized agent of the goods to which any business relates, and further warrants that he is authorized to accept and is accepting these Conditions not only for himself but also as agent for and on behalf of the owner of the goods and all other persons who are or may hereafter become interested in the goods (any such persons being herein called “the Owner”).

Quotations and Estimates: Estimates and quotations are given based on immediate acceptance and are subject to withdrawal or revision. Unless otherwise agreed in writing, H&CO. International Logistics Corporation shall be, after acceptance, at liberty to revise quotations or charges with or without notice in the event of changes outside its control occurring in currency exchange rates, rates of freight, insurance premiums or any charges applicable to the goods.

Inbound Information: The customer warrants that the description and particulars of any consignments furnished by or on the customer's behalf are accurate. All instructions and descriptions must be given to H&CO. International Logistics Corporation within a reasonable time, in writing, by letter, facsimile, electronic mail, or telex. No responsibility whatever is accepted by H&CO. International Logistics Corporation in respect of instructions issued verbally until such time as they are confirmed in writing and received in good time by H&CO. International Logistics Corporation. H&CO. International Logistics Corporation shall be free from all liability, both to the owner and third persons, due to the inaccuracy or mistake in the description of the goods, which it shall forward, or ship.

Packing Requirements: (I) Except where H&CO. International Logistics Corporation is instructed in writing to pack the goods, the customer warrants that all goods have been properly and sufficiently packed and/or prepared. (II) Whilst agents on site may be instructed to re-pack consignments after an exhibition for return or onward transmission, facilities and expert packers are not normally available. Whilst reasonable care will be exercised, no responsibility can be accepted by H&CO. International Logistics Corporation, or the site agents for claims arising from inadequacies in re-packing.

Insurance Provisions: No Insurance will be effected on consignments except upon expressed instructions given in writing by the Customer’s authorized representative, and all insurances effected by H&CO. International Logistics Corporation are subject to the usual exceptions and conditions of the policies of the insurance company or underwriters taking the risk. The Customer, at its own discretion, subscribes to insurance coverage for its consignments and cargoes for its own account. At the Customer’s discretion, it may authorize H&CO. International Logistics Corporation to procure insurance for its consignments and cargoes, the cost of which shall be billed separately to the Customer.Insofar as H&CO. International Logistics Corporation agrees to effect the insurance mentioned in the immediately preceding paragraph, it acts solely as agent for the Customer. Notwithstanding that the premium on the policy may not be the same as that charged by H&CO. International Logistics Corporation to the Customer, H&CO. International Logistics Corporation shall, in no circumstances, incur liability as insurer. If, for any reason, the insurers dispute liability, the Customer shall have recourse only against the insurers; however, this provision shall not detract from the rights of the Customer against H&CO. International Logistics Corporation in respect of any negligence on the part of H&CO. International Logistics Corporation in effecting insurance.

Hazardous and Special Cargo: Except under special arrangements previously made in writing, H&CO. International Logistics Corporation will not accept or deal with any noxious, dangerous, hazardous or inflammable or explosive goods or any goods likely to cause damage. Should any Customer nevertheless deliver any such goods to H&CO. International Logistics Corporation or cause H&CO. International Logistics Corporation to handle or deal with any such goods otherwise than under special arrangements previously made in writing, he shall be liable for all loss or damage whatsoever caused by or to or in connection with the goods however arising and shall indemnify H&CO. International Logistics against all penalties, claims, damages, cost and expenses whatsoever arising in connection therewith and the goods may be destroyed or otherwise dealt with at the sole discretion of H&CO. International Logistics Corporation or any other person in whose custody they may be at the relevant time. If such goods are accepted under arrangements previously made in writing, they may nevertheless be destroyed or otherwise dealt with on account of risk to other goods, property, life or health, though H&CO. International Logistics Corporation will, where reasonably practicable, contact the Customer. The Expression “goods likely to cause damage” includes goods likely to harbor, encourage vermin or other pests.Except under special arrangements previously made in writing, H&CO. International Logistics Corporation will not accept or deal with bullion, coins, precious stones, jewelry, valuables, antiques, pictures, livestock or plants. Should any Customer nevertheless deliver any such goods to H&CO. International Logistics Corporation or cause H&CO. International Logistics Corporation to handle or deal with any such goods otherwise than under special arrangements previously made in writing, H&CO. International Logistics Corporation shall be under no liability whatsoever for or in connection with the goods, however caused.H&CO. International Logistics Corporation shall not be obliged to arrange for the goods to be carried, stored or handled separately from the goods of other Customers.

Disposal and Right of Sale: (I) On 21 days’ notice in writing to the Customer or where despite reasonable efforts the Customer cannot be traced, after the goods have been held by H&CO. International Logistics Corporation for 90 days, all goods which in the opinion of H&CO. International Logistics Corporation cannot be delivered either because they are insufficiently or incorrectly addressed or because they are not collected or accepted by the consignee or for any reason, and (II) When the goods are perishable or susceptible to deterioration, H&CO. International Logistics Corporation’s right to sell or dispose of or deal with the goods shall arise immediately:[i] upon any sum becoming due to H&CO. International Logistics Corporation;[ii] the goods are not taken up immediately on arrival or which are insufficiently or incorrectly addressed or marked which in the opinion of H&CO. International Logistics Corporation would be likely to perish in the course of the carriage, storage or handling.The right of H&CO. International Logistics Corporation to exercise the rights under this paragraph is subject only to taking reasonable steps to bring to the Customer’s attention its intention to sell or dispose of the goods before doing so. The proceeds of the sale of goods shall be used to defray expenses and other costs incurred, both by reason of the sale conducted and the keeping of the goods beyond the period agreed upon.

General Lien: H&CO. International Logistics Corporation shall have a general lien on all goods or documents relating to goods for all sums due at any time from the Customer or Owner, and shall be entitled to sell or dispose of such goods or documents at the expense of the Customer and apply the proceeds in or towards the payment of such sums on 30 days’ notice in writing to the Customer except as provided under the

Disposal and Right of Sale provisions of Section I hereof.

Payment Conditions: (I) The Customer shall pay to H&CO. International Logistics Corporation in cash, or as otherwise agreed; all sums due immediately and without reduction or deferment on account of any claim, counterclaim or set off. (II) H&CO. International Logistics Corporation shall be entitled to local rates of interest on all amounts overdue. The interest rate will be calculated locally in each country, pursuant to prevailing local bank rates for loans or the forbearance of money. (III) When outstanding monies due and owing to H&CO. International Logistics Corporation have to be recovered from the customers then all costs and expenses legal or otherwise connected with such recovery and/or the enforcement and execution of all rights of H&CO. International Logistics Corporation under these conditions and judgment obtained shall be borne by the customer on an indemnity basis and the customer hereby agrees to indemnify H&CO. International Logistics Corporation for such costs and expenses, legal or otherwise, with interest until the same is fully paid.

Collection and Subrogation: (I) When goods are accepted or dealt with upon instructions to collect freight, duties, charges or other expenses from the consignee or any other person, the Customer shall remain responsible for the same if they are not paid by such consignee or other person immediately when due. (II) H&CO. International Logistics Corporation shall have the right to enforce any of the liabilities of the Customer under these conditions. H&CO. International Logistics Corporation shall likewise, at its discretion, be subrogated to all the rights of the Customer with regard to the collection of sums owed to it by the sender, consignee or owner of the goods in the event that the Customer is unable to pay or settle its liabilities under this agreement. (III) Where goods are consigned: on terms that they shall paid for on delivery, and it for any reasons payment is not made in full, or on terms that H&CO. International Logistics Corporation shall only deliver the goods to the consignee on production of a Forwarder’s Certificate of Transport, House Bill of Lading, Delivery Order or similar document, and owing to the failure to demand such a document the goods are delivered to the consignee before he has paid for them in full then H&CO. International Logistics Corporation may at its absolute discretion reimburses the customer with the amount of payment not so made, whereupon the customer shall on request assign to H&CO. International Logistics Corporation by an instruction in writing the whole of the customer’s title or interest in the goods and the right to receive payment therefore and shall cooperate fully with H&CO. International Logistics Corporation in enforcing all rights so assigned.

Liability Relief & Damages Exclusion: (I) H&CO. International Logistics Corporation shall be relieved of liability for any loss or damage caused by:i. Strike, lock-out, stoppage, restraint of labor, the consequences of which H&CO. International Logistics Corporation is unable to avoid by the exercise of reasonable diligence.ii. Force majeure or any cause or event which H&CO. International Logistics Corporation is unable to avoid, unforeseeable or beyond its control.(II) In no circumstances whatsoever shall H&CO. International Logistics Corporation be liable to the Customer or Owner for any compensatory and/or consequential damages by reason of loss of business opportunity, loss of sales, unrealized profits, and such other penalties howsoever caused that may be incurred or sustained by the Customer or Owner arising from the engagement of H&CO. International Logistics Corporation. (III) Except under special arrangements previously made in writing by an authorized representative of H&CO. International Logistics Corporation, it will not be liable regarding any failure to adhere to agreed departure or arrival dates of the goods. Without prejudice to any other conditions herein or other defenses, which may be open to H&CO. International Logistics Corporation, in no circumstances whatsoever shall H&CO. International Logistics Corporation be liable to the Customer or Owner for delay or deviation however caused in a sum in excess of twice its own charges in respect of the relevant transaction.

Liability Thresholds: In no circumstances whatsoever shall any liability of H&CO. International Logistics Corporation, however arising and notwithstanding that the cause of loss or damage be unexplained, exceed: (I) the value of the relevant goods, or (II) a sum at the rate of USD 3.00 per kilo of gross weight of the cargo, or (III) USD 500.00 per shipping unit of the cargo, whichever is lower.

Claims Notice & Limitations Window: (I) H&CO. International Logistics Corporation shall be discharged of all liabilities unless:(a) notice of any claim is received in writing by H&CO. International Logistics Corporation or its agent within 14 days after the dates specified in (II) below, or within a reasonable time after such date if the Customer proves that it was impossible to so notify, and(b) suit is brought in the proper forum and written notice thereof received by H&CO. International Logistics Corporation within nine (9) months after the date specified in (II) below.(II)(a) in the case of loss or damage to Goods, the date of delivery of the Goods,(b) in the case of delay or non-delivery of the Goods, the date that the Goods should have been delivered,(c) in any other case, the event giving rise to the claim.

Exclusion of Personal Liability: No claim shall be made on any grounds whatsoever against: (I) any officer or servant of H&CO. International Logistics Corporation. (II) any of its parent, subsidiary or associated companies, except to enforce any contract to which the Customer and such company are parties by virtue of Clause 21 or 22 hereof which seeks to impose upon him or them any liability in connection with the business undertaken by H&CO. International Logistics Corporation or with the goods. For the purposes of this clause, H&CO. International Logistics Corporation contracts as agents for all the aforementioned.

Indemnity Obligations: The Customer shall indemnify H&CO. International Logistics Corporation for all duties, taxes, payments, fines, expenses, losses, damages, including physical damage, and liabilities in excess of H&CO. International Logistics Corporation’s liability, which it may incur or suffer in the performance of its obligation under any contract to which these conditions may apply. The Customer shall also indemnify H&CO. International Logistics Corporation for all sums paid by it to third persons on account of any claim made by such third person against the Customer.

SECTION II – H&CO. INTERNATIONAL LOGISTICS CORPORATION AS FORWARDING AGENT

The provisions under this Section II apply where and to the extent that H&CO. International Logistics Corporation, in accordance with Section I, Clause (I), acts as agent on behalf of the Customer. H&CO. International Logistics Corporation shall be entitled to enter into contracts: (I) for the carriage of goods by any route or by any means (II) for the storage, packing or handling of the goods by any persons at any place or places and for any length of time and to do such acts as may be necessary or incidental thereto at the reasonable discretion of H&CO. International Logistics Corporation and to depart from the Customer’s instructions in any respect if in the opinion of H&CO. International Logistics Corporation it is necessary or desirable to do so in the Customer’s interests.The Customer expressly authorizes H&CO. International Logistics Corporation to do such acts and enter into such contracts on behalf of the Customer to bind the Customer by such acts and contracts in all respects, notwithstanding any departures from the Customer’s instructions as aforesaid.H&CO. International Logistics Corporation shall be entitled to delegate the performance of any of its obligations as agents to any of its parent, subsidiary or associated companies, or to any other person, firm or company. The contract between the Customer and H&CO. International Logistics Corporation is made by H&CO. International Logistics Corporation on its own behalf, and as agent for and on behalf of such parent, subsidiary or associated company, and such company shall be entitled to the benefit of these Conditions. The Customer will not seek to impose upon such company a liability greater than or additional to that accepted by H&CO. International Logistics Corporation under these Conditions.(I) H&CO. International Logistics Corporation shall not be obliged to make any declaration for the purpose of any statute or convention or contract as to the nature or value of any goods or as any special interest in delivery, unless expressly instructed by the Customer in writing. (II) Where there is a choice of rates according to the extent or degree of the liability assumed by carriers, warehousemen or others, goods may be forwarded, dealt with, etc., at Customer’s risk or other minimum charges and no declaration of value (where optional) will be made, unless express instruction in writing to the contrary has previously been given by the Customer.H&CO. International Logistics Corporation shall be entitled to retain and to be paid all brokerages, commissions, allowances and other remunerations customarily retained by or paid to Forwarding Agents.H&CO. International Logistics Corporation shall not be liable to the Customer or Owner for loss or damage arising from any non-compliance or mis compliance with the Customer’s or Owner’s instructions or for any failure to perform, whether wholly or in part, the obligations (whether such obligations arise in contracts or otherwise) unless the same is due to the negligence of H&CO. International Logistics Corporation or its own servants.

SECTION III – H&CO. INTERNATIONAL LOGISTICS CORPORATION AS PRINCIPAL CONTRACTOR
The provisions under this Section III apply where and to the extent that H&CO. International Logistics Corporation, in accordance with Section I, Clause (III) or (IV), acts as principal contractor. H&CO. International Logistics Corporation is not a common carrier and transacts business only based on these Conditions.H&CO. International Logistics Corporation shall not be liable to the Customer or Owner for loss of or damage to the goods nor for any such loss or damage as is referred to in Condition 25 unless the same is due to the negligence of H&CO. International Logistics Corporation or any subcontractors employed by H&CO. International Logistics Corporation or its or their own servants.Where H&CO. International Logistics Corporation or any subcontractor employed by H&CO. International Logistics Corporation is the “carrier” under contract subject to legislation compulsorily applicable thereto H&CO. International Logistics Corporation shall be entitled to all the rights, immunities, exceptions and limitations conferred on the carrier by such legislation, and if any of these Conditions are repugnant to any such legislation the same shall be void to the extent of such repugnancy but no further.

SECTION IV – JURISDICTION AND APPLICABLE LAW
These conditions, and any act of contract to which they apply, shall be governed by the Law of the Country of Incorporation of the member of the H&CO. International Logistics Corporation Group entering into such a contract. Any dispute arising out of any such act or contract shall be within the local jurisdiction of the Courts of the country of incorporation of the member of the H&CO. International Logistics Corporation Group, to the exclusion of all other courts.

DANGEROUS GOODS (AIR)
The inherent characteristics of certain commodities make it impossible to carry them by air without endangering the safety of aircraft, passengers, or crew. However, some goods of dangerous nature can be accepted for carriage provided the quantity is restricted to within given limits and packing conforms to specifications laid down in the current edition of the IATA Dangerous Goods Regulations/ICAO Technical Instructions. The Airline’s agreement to accept dangerous cargo must be obtained before the consignment is delivered. A shipper’s declaration for dangerous goods, in duplicate on the form appropriate to the danger involved as required by the current IATA Dangerous Goods Regulations, must accompany every consignment of dangerous cargo, worded as follows:“I hereby declare that the contents of this consignment are fully and accurately described above by proper shipping name and are classified, packed, marked and labeled, and are in all respects in the proper condition for transport by air according to the applicable International and National Government Regulations.”