CHAPTER I GENERAL PROVISIONS

Article 1 (Purpose)

The purpose of this Agreement is to prescribe the rights, obligations, and responsibilities between the Coconut Silo Inc (hereinafter referred to as "Company") and the Customer in using the COCOTRUCK Platform Service (hereinafter referred to as "Service") provided by Company.

Article 2 (Definition)

The key terms used in these terms and conditions are as follows

① The term "COCOTRUCK" means a virtual place of business or a website operated by a company that is set up to trade goods and services using information and communication facilities such as computers to provide truck hailing services to customers, and it is also used as a meaning of a business operator.

② The term "Service" means all services provided by the "Company" using the brand name "COCOTRUCK" regardless of the terminal implemented (such wired and wireless devices as PCs, tablets, portable terminals, etc.).

③ The term "Customer" means members and non-members who access the company's "Services" and receive services provided by the company under these terms and conditions.

④ The term "Posting" means articles, photos, videos, various files, links, etc. in the form of information, such as signs, letters, voices, sounds, videos, etc. posted on "Service" by "Customer" using services.

Article 3 (Notices, Effectiveness and Amendment of Terms and Conditions)

① The company posts the contents of these terms and conditions on the initial screen of the service so that customers can easily understand them. However, the contents of the terms and conditions can be viewed by the "Customer" through the connection screen.

② The company may amend these terms and conditions to the extent that they do not violate relevant laws, such as the Content Industry Promotion Act, the Consumer Protection Act, the Regulation of Terms and Conditions, and the Framework Act on Consumers.

③ If the company amends the terms and conditions, it shall notify the current terms and conditions at least seven (7) days prior to the application date (at least 30 days prior to the user's valuable rights or obligations) and notify them by electronic means.

④ Even though the company clearly notified the customer that it will be deemed to have approved it unless he/she does not express his/her intention to reject it by seven days after the effective date, if the customer does not express his/her intention to reject it, company will consider it as approved.

⑤ If the customer does not agree to the amended terms and conditions, the company shall not apply the contents of the amended terms and conditions, and the customer may terminate the contract.

⑥ Matters not prescribed by these terms and interpretation of these terms and conditions shall be governed by the electronic transaction consumer protection guidelines and related statutes or customs established by the government.

CHAPTER II SERVICE CONTRACT

Article 4 (Establishment of Service Contract)

① Customer can use the service immediately after the company approves the use of the service.

② In principle, the service hours shall be 24 hours a day (00:00-24:00) per day throughout the year, except in cases where it is impossible due to the company's business or technology. However, due to regular inspection of service facilities, etc., the company may divide the service into a specific scope and separately determine the date and time.