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BGG » Topics » 8. TRANSPORTATION AND OTHER TERMS

This excerpt taken from the BGG 8-K filed Jan 28, 2005.

8. TRANSPORTATION AND OTHER TERMS

 

(a) Designation of Carriers. Murray will deliver the Products FOB at its manufacturing facility. Carriers shall be selected by Briggs.

 

(b) Payment of Charges. Transportation charges will be paid by Briggs.

 

(c) Title. Briggs takes title to Products when they are manufactured and constitute finished goods.

 

(d) Risk of Loss. Briggs assumes risk of loss when the Products are delivered to the carrier at Murray’s manufacturing facility.

 

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