Non-circumvention

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  • Publicado : 31 de mayo de 2011
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INTERNATIONAL CHAMBER OF COMMERCE (I.C.C 400/500/600) http://www.iccwbo.org/ NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA) IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA) IT IS TO INFORM ALL THE PARTICIPANTS OF THIS DOCUMENT NCND/IMFPA THAT FORMAL DOCUMENT NCND/IMFPA NUMBER: DATE: HAS BEEN CANCELLED AND REFORM THIS NEW DOCUMENT NUMBER: OF CONTRACT CODE SELLER’S TRANSACTIONCODE SELLER’S CODE BUYER’S CODE COMMODITY FORM FINENESS HALLMARK TRANCHES PRICE DISCOUNT COMMISSION DELIVERY DURATION QUANTITY CONTRACT PERIOD PAYMENT TERM VIA THE FOLLOWING DATED: TO PROCEDE THE TRANSACTION

SELLER’S NAME

SELLER’S MANDATE NAME

BUYER’S NAME BUYER’S MANDATE NAME CONTRACT RELEASED DATE

IRREVOCABLE M ASTER FEE PROTECTION AGREEMENT (IMFPA) & NCNDA Page 1 of 18 NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA) WHEREAS the undersigned wish to enter into this Agreement to define certain parameters of the future legal obligations, are bound by a duty of Confidentiality with respect to their sources and contacts. This duty is in accordance with the International Chamber of Commerce. WHEREAS the undersigned desire to enter a working business relationship tothe mutual and common benefit of the parties hereto, including their affiliates, subsidiaries, stockholders, partners, coventures, trading partners, and other associated organizations (hereinafter referred to as “Affiliates”). NOW THEREFORE in consideration of the mutual promises, assertions and covenants herein and other good and valuable considerations, the receipts of which is acknowledgedhereby, the parties hereby agree as follows: 1.TERMS AND CONDITIONS A.The parties will not in any manner solicit, nor accept any business in any manner from sources or their affiliates, which sources were made available through this agreement, without the express permission of the party who made available the source and, B.The parties will maintain complete confidentiality regarding each other businesssources and/or their Affiliates and will disclose such business sources only to the named parties pursuant to the express written permission of this party who made available the source, and, C.That they will not in any of the transactions the parties are desirous of entering into and do, to the best of their abilities assure the other that the transaction codes established will not be affected.D.That they will not disclose names, addresses, e-mail address, telephone and tele-fax or telex numbers to any contacts by either party to third parties and that they each recognize such contracts as the exclusive property of the respective parties and they will not enter into any direct negotiations or transactions with such contracts revealed by the other party and E.That they further undertakenot to enter into business transaction with banks, investors, sources of funds or other bodies, the names of which have been provided by one of the F.Parties to this agreement, unless written permission has been obtained from the other party (ies) to do so. For the sale of this

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA) We the undersigned herewith referred as the PAYMASTER, underpenalty of perjury do hereby irrevocably confirm and irrevocably accept to pay all intermediaries and fee holders at the same time and in a manner as the seller is being paid for each and every transaction of this contract up to the completion of the contract plus rollovers and extensions and in accordance with the bank details to be specified in the hard copies of this contract. This contract (IMFPA)Will become automatically valid if and when the sales contract between buyer and seller will be irrevocably closed sealed and signed by both parties and if and when the sales contract provides a total disposable margin of (three) 10.00 % of the sales price to the PAYMASTER. We, the PAYMASTER, irrevocably confirm that we will order and direct our bank to endorse automatic payment orders to the...
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