In these terms and conditions, “Organizer” means “BIO KOREA 2008 Organizer” including “Chungcheongbuk-do”, “Korea Health Industry Development Institute” and “Korea International Trade Association”. Event Management" means "COEX". “Exhibitor” means all employees, partnership, firms, and individuals to whom the space has been allocated for the purpose of exhibiting. “Exhibition” means “BIO KOREA 2008.”

When signing the prescribed application form, the Exhibitor agrees to follow all the existing terms and conditions, and further regulations that might be made to modify them. Once signed and submitted by the applicant and confirmed by the Organizer, the contract will be established and come into effect.

The Exhibitor must send the application form to the Organizer along with a transfer slip (check or copy of a bank) paying for initial 50% of the total participation fee. The balance must be paid by no later than June 30, 2007, and the refund will not be made except for the cases specified in the Terms and Conditions. If the Exhibitor fails to perform the full payment by the due date, the Organizer may terminate the contract with no refund to the Exhibitor. If the Exhibitor has any balance of the participation fee unpaid by the time of the Exhibition, the Organizer has right to seize the exhibits. Payment for participation fee should be made through wire transfer as specified in the application.

The Organizer shall determine the location of booths for each Exhibition in the manner that the Organizer deems appropriate considering the order of application, the size of the space applied for, and the nature of the exhibits. The Organizer reserves the right to make changes to the space allocated to the Exhibitor at any time prior to the commencement of the build-up of the exhibition when the circumstances demand. Such changes shall be at the discretion of the Organizer, and the Exhibitor may not claim for compensation as a consequence.

1. In the case of changing exhibits or canceling participation in the Exhibition, Exhibitors must inform the Organizer in writing and pay the applied cancellation fee to the Organizer within 15 days after cancellation. Cancellation fees are the 50% of the participation fee when cancelled on or before June 30, 2007 and 100% of the participation fee when cancelled after July 1, 2007.
2. In the event that the Exhibitor refuses to use all or part of the space allocated or the Exhibitor defaults on the payment, the Organizer shall reserve the right to terminate the contract forthwith, and the submitted payment will not be refunded.

1. The Organizer may exclude the Exhibitor who violates any of the terms and conditions or further regulations from the Exhibition, and no refund will be made to the Exhibitor.
2. cancelled by the Organizer due to exceptional circumstances, the Organizer shall notify the Exhibitor of the change or cancellation in advance, and the Exhibitor has right to choose whether to participate in the changed Exhibition or to claim refund for the total amount of the submitted payment.

The Organizer may cancel the Exhibition when the circumstances are beyond the reasonable control of the Organizer (such as fire, strike, earthquake, war, terrorism, construction, renovation projects, government regulation, public catastrophe, interruption of transportation or communications, acts of god, unavailability of the exhibit facility, and any other force majeure) and, in its sole discretion, shall determine whether to refund to the Exhibitor no more than its proportionate share of the balance of the aggregate display fees received, which remains after deducting expenses incurred by the Organizer and reasonable compensations to the Organizer.

The Exhibitor shall provide adequate staffs for maintenance and operation of the exhibit during all exhibit hours. All booths must be fully displayed and open for business throughout the Exhibition.

In the event that the Exhibitor fails to install products in the assigned space by the opening of the Exhibition, the Organizer reserves the right to assign the said space to another Exhibitor, or use the said space in any other manner deemed suitable. The Exhibitor may not dismantle the display until the Exhibition closes according to the time and date specified by the Organizer. When vacated, all exhibit space must be left in good order. The Exhibitor must remove all exhibits from the exhibition hall within the move-out period stipulated by the Organizer and will be charged for any loss or damage to exhibition hall due to the delay, if any.

1. Care of Facility: The Exhibitor may not destroy and/or paint any part of exhibit space and must maintain the original condition of the exhibit space upon vacation. The Exhibitor will be charged of the damages that are made by the Exhibitor, if any.
2. Display: Display of products or services and any other activities by the Exhibitor are restricted within the specified and approved space. Products and services displayed must be those normally manufactured by or provided by the Exhibitor.
3. Sub-letting: Exhibitor may not assign its rights to any portion of the exhibition space to a third party (for example, “booth sharing” and “Sub-letting”) without the prior written consent of the Organizer, which the Organizer may withhold at its discretion. The Exhibitor may not share its exhibit space with any other person or entity./li>

The Exhibitor shall provide the descriptions of all the exhibits and restrictions on booth design and activities before the construction of the Exhibition begins. The Exhibitor shall also provide the Organizer with the necessary information to facilitate the overall promotion of the Exhibition.

The Exhibitor must subscribe to all the risks in the insurance policy on all equipment and products during all the exhibit hours as well as set-up and dismantling period. The Organizer will not be responsible for any loss, theft, or damages to any article belonging to the Exhibitor. Materials used in stand and display construction must properly be fireproof in accordance with the local fire and safety regulations. The Organizer reserves the right to restrict any construction or demonstration that poses a potential safety hazard.

When necessary, the Organizer may issue supplementary regulations in addition to those in the Terms and Conditions for exhibiting, and those regulations shall be binding on the Exhibitor. The Exhibitor is obligated to observe the COEX Rules and Regulations.

Any dispute, differences or questions arising hereafter between the Organizer and the Exhibitor concerning the true construction of the Terms and Conditions for exhibiting or the rights and liabilities of the parties thereto shall be settled in accordance with the Commercial Arbitration Board. The verdict of the above arbitration shall be final and binding upon both parties.