The Surveyor/Consultant shall provide its services solely in accordance with these terms and conditions.

The Client will set out in writing the services which it requires the Surveyor to provide. The Surveyor will confirm in writing that it accepts those instructions or alternatively what services it will perform in connection with the Client's instructions. Once the Surveyor and the Client have agreed on what services are to be performed, any subsequent changes or additions must be agreed upon by both parties in writing.

The Client shall pay the survey Fees punctually in accordance with these Conditions and in any event not later than 7 days following the relevant invoice date, or in such other manner as may have been agreed in writing between the parties. Any delay in payment shall entitle the Surveyor to interest at 8% above the Base Lending Rate of the National Bank of Greece prevailing at the time of default.

• (a) Client: The Client undertakes to ensure that full instructions are given to the Surveyor and are provided insufficient time to enable the required services to be performed effectively and efficiently and to procure all necessary access for the Surveyor to goods, premises, vessels, installations, and transport and to ensure that all appropriate safety measures are taken to provide safe and secure working conditions. The Surveyor shall not be liable for the consequences of late, incomplete, inadequate, inaccurate, or ambiguous instructions.
• (b) Surveyor: The Surveyor shall use reasonable care and skill in the performance of the services in accordance with sound marine surveying practice and regulatory standards.
• (c) Reporting: The Surveyor shall submit a final written report to the Client following completion of the agreed Services describing the Surveyor's findings and the condition and/or quality of the object and/or purpose of the assignment, unless otherwise expressly instructed by the Client not to do so.
• (d) Confidentiality: The Surveyor undertakes not to disclose any information provided in confidence by the Client to any third party and will not permit access to such information by any third party unless the Client expressly grants permission save where required to do so by an order of a competent court of law.
• (e) Property: The right of ownership in respect of all original work created by the Surveyor remains the property of the Surveyor.
• (f) Conflict of Interest/Qualification: The Surveyor shall promptly notify the Client of any matter including conflict of interest or lack of suitable qualifications and experience, which would render it undesirable for the Surveyor to continue its involvement with the appointment. The Client shall be responsible for payment of the Surveyor Fees up to the date of notification.

• (a) Without prejudice to Clause 7, the Surveyor shall be under no liability whatsoever to the Client for any loss, damage, delay, or expense of whatsoever nature, whether direct or indirect and howsoever arising unless same is proved to have resulted solely from the negligence, gross negligence or wilful default of the Surveyor or any of its employees or agents or sub-contractors.
• (b) In the event that the Client proves that the loss, damage, delay, or expense suffered was caused by the negligence, gross negligence, or wilful default of the Surveyor aforesaid, then, save where loss, damage, delay, or expense has resulted from the Surveyor's personal act or omission committed with the intent to cause same or recklessly and with the knowledge that such loss, damage, delay or expense would probably result, the Surveyor's liability for each incident or series of incidents giving rise to a claim or claims shall never exceed the sum of the survey as actually quoted and paid by the Client.
• (c) Without prejudice to (a) and (b) above, the Surveyor shall not be liable for loss of or damage to physical equipment and property placed at its disposal by, or on behalf, of the Client however such loss or damage occurs, unless such loss or damage was caused by act or omission committed with intent to cause some or recklessly with the knowledge that such loss or damage would probably result.

Except to the extent and solely for the amount therein set out that the Surveyor would be liable under Clause 6, the Client hereby undertakes to keep the Surveyor and its employees, agents and sub-contractors indemnified and to hold them harmless against all actions, proceedings, claims, demands or liabilities whatsoever or howsoever arising which may be brought against them or incurred or suffered by them, and against and in respect of all costs, loss, damages, and expenses (including, but not limited to, legal costs and expenses on a full indemnity basis) which the Surveyor may suffer or incur (either directly or indirectly) in the course of the Services under these Conditions.

The Surveyor and/or the Client shall not, except as otherwise provided in these Conditions, be responsible or have any liability for any loss, damage, delay, or failure in performance hereunder arising or resulting from an act of God (including, but not limited to earthquake, flood, tsunami, volcano, hurricane, tropical storm, cyclone, blizzard or other similar events), an act of war, terrorist attack, nuclear contamination, seizure under legal process, epidemic quarantine restrictions, strikes, boycotts, lockouts, riots, civil commotions and arrest or restraint of princes, rulers or people. Following a force majeure event, either party may serve notice on the other to terminate the agreement.

The Surveyor shall effect and maintain, at no cost to the Client, Professional Liability Insurance for such loss and damage for which the Surveyor may be held liable to the Client under these terms and conditions.

The Surveyor shall have the right to sub-contract any of the services provided under the Conditions, subject to the Client's right to object on reasonable grounds. In the event of such a sub-contract, the Surveyor shall remain fully liable for the due performance of its obligations under these Conditions.

Any claims against the Surveyor by the Client shall be deemed to be waived and absolutely time-barred upon the expiry of six months from the submission date of the Report to the Client.

These Conditions shall be governed by the laws of Greece and any dispute shall be subject to the exclusive jurisdiction of the Greek Courts.