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FEES AND DIRECT COSTS
| A. | Client undertakes to make payment of the negotiated and agreed Fees for Services charged by AsiaBS upon Client receiving an invoice from AsiaBS for the same. Fees are as stated in AsiaBS’s published Fee Schedule, which is subject to change from time to time. |
| B. | Client undertakes to pay AsiaBS in advance all Direct Costs, government duties, license fees or government fees of any nature relating to the Company. AsiaBS will not be liable for any penalties, fines or other liabilities incurred by the Client or by the Company and the Client accepts full responsibility to pay these and indemnify AsiaBS against any liability in respect of the same. |
| C. | In the event Client fails to settle immediately the invoices issued by AsiaBS, then Client authorizes AsiaBS to deduct the Fees, Direct Costs and other fees from any account or funds under the control of AsiaBS that belong to the Client. |
| D. | If Client does not require the Services provided by AsiaBS, then Client shall advise AsiaBS accordingly within thirty days of receipt of AsiaBS’s invoice for the forthcoming year’s Services. If Client fails to notify AsiaBS within the relevant thirty days, then Client shall be deemed to have agreed to pay AsiaBS’s invoice for the Services in full. |
| E. | AsiaBS will not refund monies paid for Services (regardless of the specified term of the relevant service). AsiaBS reserves the right not to provide Services or to act on Client's instructions. If AsiaBS ceases to provide Services or ceases to act for any reason whatever, AsiaBS will not refund monies paid for the same. |
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