Subimfpa

SUBIMFPA

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|EDT ( Electronic document transmissions ) |
|EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect ofany provisions of this Contract.  As applicable, |
|this agreement shall be:- |
|1- Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global and National Commerce Act’’ or such other applicable law conforming |
|to the UNCITRAL Model Law on Electronic Signatures(2001) and |
|2- ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted by the United Nations Centre for Trade Facilitation and Electronic |
|Business (UN/CEFACT).  |
|3- EDTdocuments shall be subject to European Community Directive No. 95/46/EEC, as applicable.  Either Party may request hard copy of any |
|document that has been previously transmitted by electronic means provided however, that any such request shall in no manner delay the parties |
|from performing their respective obligations and duties under EDT instruments.|

SubMFPA

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT

“Considered as an integral part of this MFPA contract “

|CONTRACT NO | |
|COMMODITY ||
|ORIGIN | |
|CONTRACT QTY | |
|CONTRACT PERIOD ||
|TERM | |
|SELLER’S NAME | |
|REPRESENTED BY| |
|BUYER’S NAME | |
|REPRESENTED BY ||

We the undersigned herewith referred as the paymaster and intermediaries, under penalty 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 paymaster is being paid for each and every transaction of this contract up to the completion of the contract plus rollovers and extensions and inaccordance with the bank details to be specified in the hard copies of this contract.

We, the Paymaster, irrevocably confirm that we will order and direct our bank to endorse automatic payment orders to the beneficiaries named below; furthermore, we, the paymaster, confirm that all pay orders shall automatically transfer funds as into each beneficiaries designated bank account within 2 (two)...