Sanctions and Export Control Contractual Provisions

The following are the contractual provisions which are hereby agreed to and accepted by Glocomp System (M) Sdn. Bhd.’s customers, suppliers, service providers, contractors, and other relevant persons (each, a “Counterparty”).

Sanctions & Export Control

(1)    None of the Counterparty, its subsidiaries, affiliates, and/or their respective officers, directors or agents:

  • is currently the subject or target of any sanction administered or enforced by the governments of Singapore, the United States of America (“USA”) (including without limitation, the Office of Foreign Assets Control of the U.S. Department of the Treasury), the United Nations Security Council (“UN”), the United Kingdom (“UK”), the European Union (“EU”) or other relevant sanctions authority (“Sanction(s)”);
  • is located, organised or residing in any country or territory to the extent that such country or territory itself is the subject of any comprehensive Sanction(s) (a “Designated Jurisdiction”); or
  • is knowingly engaged in any transaction with any person who is the subject or target of
    Sanctions or who is located, organised or residing in any Designated Jurisdiction.

(2)    The Counterparty shall not knowingly, directly or indirectly, supply goods and/or services delivered by Glocomp System (M) Sdn. Bhd. (“Glocomp”) in connection with any activity or business in any Designated Jurisdiction, or in connection with any activity or business of any person located, organised or residing in any Designated Jurisdiction or who is the subject of any Sanctions, or in any manner that results in any violation by any person of Sanctions.

Export control

(3)    If the Counterparty exports, re-exports or transfers goods or technology (hardware,software and/or technology as well as corresponding documentation, regardless of the mode of provision) and/or services delivered by Glocomp or works and services (including all kinds of technical support) performed by Glocomp to a third party recipient, the Counterparty shall comply with all applicable national and international export control laws and/or regulations (including without limitation the export control laws and regulations of Singapore, USA, UN, UK and EU).

(4)    If required to enable Glocomp or any authorities to conduct export control checks, the Counterparty shall promptly provide Glocomp upon request with all information pertaining to the particular end-customer, end-destination and the intended end-use of goods, works and services provided by Glocomp, as well as any existing applicable export control restrictions or any other relevant information.

(5) The Counterparty shall indemnify and hold harmless Glocomp from and against any claim, proceeding, action, loss, costs (including legal costs on a full indemnity basis) and/or damage arising out of or relating to any non-compliance with any sanctions and/or export control laws or regulations by the Counterparty, including legal costs (on an indemnity basis

(6)  Glocomp shall not be obligated to fulfil this agreement if such fulfilment is prevented by any impediments arising out of any Sanctions, applicable export control laws or regulations, national or international foreign trade or customs requirements, or any embargoes.

 

Effective: 1 Jan 2025