'Exhibitor' means any person, firm, company or organization who is identified on the front application.
'Exhibition' means 'Busan International Seafood & Fisheries EXPO 2026 (BISFE 2026).'
'Organizer' means BEXCO and 'Co-organizer' means KOREA FISHERY TRADE ASSOCIATION.
Article 2. APPLICATION FOR PARTICIPATION
The contract for participation in this exhibition is established when a person who wishes to apply for participation in the exhibition fills in an application for participation and submits it to the organizer and co-organizer.
A deposit of 50% of the participation fee must be paid with the application form to Organizer or Co-organizer.
If any changes occur in the booth and auxiliary facilities applications already applied by the exhibitor, The exhibitor must immediately notify the organizer and co-organizers of them and shall be responsible for any disadvantages caused by failure to notify the exhibitor.
Article 3. PARTICIPATION FEE PAYMENT
A shell scheme booth is USD2,300/booth(9㎡), and space only is USD1,800/booth(9m2). To apply space only, minimum 18㎡ are required.
A 50% deposit of the total participation fee must be paid with the application form to Organizer, and the remaining balance must be paid in full by Sep. 30, 2026.
If the exhibitor fails to pay the booth fee and the cost of using auxiliary facilities, as well as other related expenses for the exhibition, the organizer may withhold participation until full payment is made or retain the exhibitor's exhibits selectively.
Article 4. PARTICIPATION FEE DETAILS
Participation fee includes booth rental, 24 hour security services, hall passage cleaning, exhibition directory books, etc.
Article 5. BOOTH ALLOCATION
Organizer shall allocate the booth under the consideration of order of application and payment received, nationality, products and services to be displayed, booth size, frequency of participation in Exhibition and any other reasonable standards.
Such changes are at the discretion of the organizer, and the exhibitor must cooperate with the request of the organizer as much as possible and shall not claim compensation for the results of the changes.
Article 6. INSTALLATION AND REMOVAL
Installation and removal of Exhibition facilities shall be completed within the designated period. Exhibitor shall pay Organizer for any loss incurred due to delay in installation or any removal damage to Exhibition Hall made by Exhibitor.
Article 7. PROVISION OF INFORMATION TO ORGANIZER
Exhibitor is obliged to provide all information that could reasonably be expected to be of importance in connection with Exhibition such as products to be displayed, booth construction, public relations materials, etc.
Article 8. MANAGEMENT OF EXHIBITION BOOTHS
Exhibitor must staff their booth during Exhibition hour. Exhibit personnel may not stand in the aisles or hand out materials and must do so only within the allocated booth area. Organizer reserves the right to decline, prohibit or expel and exhibit item or service which is inappropriate or out of keeping with the character of Exhibition. In the event of a violation, Organizer has the right, without written notice to terminate its contract with Exhibitor, to evict Exhibitor at Exhibitor's own risk and expense.
Article 9. INSURANCE, SECURITY AND SAFTY
Exhibitor must effect at his/her own cost full indemnity insurance against comprehensive general liability and all other usual risks in respect of loss, damage or accident. Organizer will arrange a general site security during Exhibition but will accept no liability for any loss or damage. Exhibits, fabrics and other decorative materials must have proven flame resistance in accordance with Fire and Safety Regulations of BEXCO. Organizer may restrict booth construction or displays when necessary.
Article 10. LIABILITY
Exhibitor will be responsible for all damage to property and for any loss or injury caused by them, their employees, theft or other cause whatsoever, which will indemnify to Organizer against all claims and expenses arising from them.
Article 11. CANCELLTION BY ORGANIZER
Organizer may cancel all or any part of Exhibition for any reason beyond its reasonable control, in which case Organizer will refund to Exhibitor a pro rata portion of any participation fees already paid to Organizer. However, in case of compelling reasons in particular force majeure, Organizer is entitled to postpone, shorten, partially or completely close or to cancel Exhibition, if and as far as the reasons are not in Organizer’s responsiblilty. In this case, Exhibitor is not entitled to receive any reimbursement, and Exhibitor shall not have any claim against Organizer in respect of any loss or damage.
Article 12. CANCELLATION BY EXHIBITIOR
In the event that the Exhibitor refuses to use the allocated booth space or fails to pay the participation fee within the designated payment deadline, the Organizer shall have the right to unilaterally terminate the participation contract. In such cases, any participation fees already paid shall not be refunded.
If the Exhibitor wishes to cancel participation in the Exhibition or reduce the number of booths, the Exhibitor must submit a written notice of cancellation or reduction to the Organizer. The Organizer shall deduct the applicable penalty amount as stipulated below from the participation fee already paid, and any remaining balance shall be refunded.
The penalty amounts set forth below shall be calculated on a net basis, exclusive of VAT. No tax invoice shall be issued for any penalty amounts.
The penalty for cancellation or reduction of booth space shall be applied as follows:
- If cancellation or reduction is made more than 30 days prior to the opening date of the Exhibition, a penalty equivalent to 50% of the participation fee or the reduced portion thereof shall be charged.
- If cancellation or reduction is made within 30 days prior to the opening date of the Exhibition, a penalty equivalent to 100% of the participation fee or the reduced portion thereof shall be charged.
Any reduction of booth space shall be treated as cancellation of the reduced booth space, and the same penalty conditions shall apply.
Article 13. SUPPLEMENTARY REGULATION
Organizer reserves the right to add or amend the terms and conditions when necessary. Exhibitors shall accept the additions, amendments and the regulation of BEXCO, and consider them as part of this 'Exhibition Terms and Conditions'.
Article 14. SETTLEMENT OF DISPUTES
Any dispute that might occur between the Organizer and an Exhibitor concerning these ‘Exhibition Terms and Conditions for Exhibiting' or the mutual rights and bligations shall follow the ruling of the Korean Commerce Arbitration Board located in Busan, and its ruling is final and carries legal binding force to both parties.