Professional Documents
Culture Documents
Wa0000.
Wa0000.
Wa0000.
CONTRACT NO:
DATE: January
CONTRACT
PRODUCT
BUYER’S REPRESENTATIVE 02
SELLER’S REPRESENTATIVE
Page 1 of 8
NON-CIRCUMVENTION, NON-DISCLOSURE & IRREVOCABLE MASTER FEE PROTECTION AGREEMENT
WORKING AGREEMENT (NCNDA) (IMFPA)
WHEREAS the undersigned wish to enter into this We the undersigned herewith referred as the Seller,
Agreement to define certain parameters of the future under penalty of perjury do hereby irrevocably confirm
legal obligations, are bound by a duty of and irrevocably accept to pay all intermediaries and fee
Confidentiality with respect to their sources and holders at the same time and in a manner as the seller
contacts. This duty is in accordance with the is being paid for each and every transaction of this
International Chamber of Commerce. 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
WHEREAS the undersigned desire to enter a working contract.
business relationship to the mutual and common
benefit of the parties hereto, including their affiliates, We, the SELLER, irrevocably confirm that we will
subsidiaries, stockholders, partners, co-ventures, order and direct our bank to endorse automatic
trading partners, and other associated organizations payment orders to the beneficiaries named below;
(hereinafter referred to as “Affiliates”). furthermore, We, the SELLER, confirm that all pay
orders shall automatically transfer funds as directed
into each beneficiaries designated bank account within
NOW THEREFORE in consideration of the mutual 1 (one) day after the date of closing and completion of
promises, assertions and covenants herein and other each and every Payment/Telegraphic Transfer of the
good and valuable considerations, the receipts of product during the contract term plus any/or
which is acknowledged hereby, the parties hereby extensions and rollover of the specified contract. For
agree as follows: the purpose of clarity, we confirm that the closing and
completion of each and every shipment shall be
deemed to take place when each Telegraphic Transfer,
1. TERMS AND CONDITIONS
issued by the buyer has been received in the seller´s
A. The parties will not in any manner solicit, bank account.
nor accept any business in any manner
from sources or their affiliates, which We, SELLER, agrees to provide all beneficiaries with
sources were made available through this written evidence of the pay orders lodged with our
agreement, without the express permission bank together with acknowledgements of their
of the party who made available the source acceptance. Furthermore, our bank shall be instructed
to provide duly signed and stamped acknowledgement
and,
of this instruction as set out in the annex. Forming part
B. The parties will maintain complete of this agreement. It is understood that for the
confidentiality regarding this Agreement, purposes of this Master Fee Protection Agreement, our
C. That they will not in any of the transactions bank shall be the same bank and this IMFPA acts as an
the parties are desirous of entering into integral part of it.
and do, to the best of their abilities assure
the other that the transaction codes We the undersigned being SELLER or the seller
named legally authorized representative as stated
established will not be affected.
within the signed and legally binding main transaction,
D. That they will not disclose names, contract unconditionally agree and undertake to
addresses, e-mail address, telephone approve and originate all payments in USD currency to
and tele-fax or telex numbers to any all beneficiaries named below as their rightful and
contacts by either party to third parties and payable commissions. This agreement also acts as a
that they each recognize such contracts as record confirming the commission amounts for each
the exclusive property of the respective named beneficiary as set out below: -
parties and they will not enter into any
TOTAL COMMISSION SHALL BE PAID BY THE
direct negotiations or transactions with
SELLER AS FOLLOWS: -
such contracts revealed by the other party
and 1. The commission for animal proteins, poultry, beef,
E. The parties also undertake not to make use and pork always shall be USD50.00 per metric ton.
of a third party to circumvent this clause. 2. All other products shall be USD5.00 per metric ton.
F. That in the event of circumvention of this
Agreement by either party, directly or The amount of which:
indirectly, the circumvented party will be
entitled to compensation for the direct
damages that it has proven to have borne. . should be settled as herein stated to be transferred
G. All considerations, benefits, bonuses, into the account as follows:
participation fees and/or commissions
Page 2 of 8
received as a result of the contributions of TERM & CONDITIONS:
the parties in the Agreement, relating to This master fee protection agreement covers the initial
any and all transactions will be allocated as contract and shall include any renewals, extensions,
mutually agreed. rollovers, additions or any new or transfer contract any
H. Seller hereby cannot circumvent the how originated from this transaction because of the
introduction, made by MD SHAFIQUL above intermediaries or changing codes of the initial
ISLAM and ALAN TAN BOON SIONG, and contract entered into between the BUYER and SELLER.
any other person(s) subsequently from
their end. This master fee protection agreement and any
I. This contract is valid for any and all subsequently issued pay orders shall be assignable,
transactions between the parties and will transferable and divisible and shall not be amended
be governed by the applicable law, court of without the express written and notarized consent of
Paris France, in case of dispute, the the receiving beneficiary. All parties agree neither to
arbitration laws of the states will apply as circumvent nor to attempt circumvent either for the
established by the international chamber of transaction of this current contract or in the future for a
commerce, Paris, France publication ICC. period of one (1) year from the date of the execution of
J. The signing parties hereby accept such this fee protection agreement. This document binds all
selected jurisdiction as the exclusive venue. parties, their employees, associates, transferees and
The duration of the Agreement shall assignees or designees.
perpetuate for one (1) year from last date
of signing. All faxed and/or e-mailed signatures shall be
considered as original signatures for the purpose of
2. AGREEMENT TO TERMS binding all parties to this agreement. This document
A. Signatures on this Agreement received by may be signed & in any number of counterparts all of
the way of Facsimile, Mail and/or E-mail which shall be taken together and shall constitute as
shall be an executed contract. Agreement being one & the same instrument.
enforceable and admissible for all
purposes as may be necessary under the Any party may enter into this document and the
terms of the Agreement. agreement constituted thereby by signing any
B. All signatories hereto acknowledge that counterpart any time, date or period mentioned in any
they have read the foregoing Agreement provision of this document shall only be amended by
and by their initials and signature that they agreement in writing and signed off by all parties
have full and complete authority to execute concerned.
the document for and in the name of the
Furthermore, we agree that any and all commissions
party for which they have given their
due shall be paid to the beneficiary as a result of any
signature.
extension or rolls of the contract and that we shall
effect all necessary documentation with our bank
without any undue delays to ensure such commissions
and paid within the terms of the agreement.
PARTIAL INVALIDITY:
The illegality, invalidity, and non-enforceable provision of
this document under the laws of any jurisdiction shall not
affect its illegality, validity or enforceability under the law
of any other jurisdiction or provision.
Page 3 of 8
dispute, the arbitration laws of the states will apply, as
established by the international chamber of commerce
Paris France publication ICC THAT will apply.
This document is signed and accepted by parties
named below as to be included in the main contract.
Bank
Email Address
Telephone
Today’s Date
SIGNATURE
&
SEAL
Page 4 of 8
NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING IRREVOCABLE MASTER FEE PROTECTION
AGREEMENT (NCNDA) AGREEMENT (IMFPA)
INTERMEDIARY N.1
Register
Beneficiary’s Name
Company Nº
Address Account Name
SIGNATURE
&
SEAL
Page 5 of 8
SPECIAL PRE-ADVICE MUST BE SENT VIA SWIFT PRIOR TO WIRE TRANSFER AND EMAIL NOTIFICATION
INSTRUCTIONS IMMEDIATELY UPON EACH TRANCHE TRANSFER PAYMENT TOGETHER WITH THE TRANSACTION
CODE(S) TO:
REQUIRED MESSAGE ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE CLEAN AND CLEAR, OF NON-CRIMINAL
ORIGIN AND ARE PAYABLE IN CASH IMMEDIATELY UPON RECEIPT BY BENEIFICIARY’S BANK.”
INTERMEDIARY N.2
Register
Beneficiary’s Name
Company Nº
SIGNATURE
&
SEAL
SPECIAL PRE-ADVICE MUST BE SENT VIA SWIFT PRIOR TO WIRE TRANSFER AND EMAIL NOTIFICATION
INSTRUCTIONS IMMEDIATELY UPON EACH TRANCHE TRANSFER PAYMENT TOGETHER WITH THE TRANSACTION
CODE(S) TO:
REQUIRED ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE CLEAN AND CLEAR, OF NON-CRIMINAL
MESSAGE ORIGIN AND ARE PAYABLE IN CASH IMMEDIATELY UPON RECEIPT BY BENEIFICIARY’S BANK.”
Page 6 of 8
NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING IRREVOCABLE MASTER FEE PROTECTION
AGREEMENT (NCNDA) AGREEMENT (IMFPA)
INTERMEDIARY N.3
Register
Beneficiary’s Name
Company Nº
SIGNATURE
&
SEAL
SPECIAL PRE-ADVICE MUST BE SENT VIA SWIFT PRIOR TO WIRE TRANSFER AND EMAIL NOTIFICATION
INSTRUCTIONS IMMEDIATELY UPON EACH TRANCHE TRANSFER PAYMENT TOGETHER WITH THE TRANSACTION
CODE(S) TO:
REQUIRED ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE CLEAN AND CLEAR, OF NON-CRIMINAL
MESSAGE ORIGIN AND ARE PAYABLE IN CASH IMMEDIATELY UPON RECEIPT BY BENEIFICIARY’S BANK.”
Page 7 of 8
NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING IRREVOCABLE MASTER FEE PROTECTION
AGREEMENT (NCNDA) AGREEMENT (IMFPA)
INTERMEDIARY N.4
Register
Beneficiary’s Name
Company Nº
SIGNATURE
&
SEAL
SPECIAL PRE-ADVICE MUST BE SENT VIA SWIFT PRIOR TO WIRE TRANSFER AND EMAIL NOTIFICATION
INSTRUCTIONS IMMEDIATELY UPON EACH TRANCHE TRANSFER PAYMENT TOGETHER WITH THE TRANSACTION
CODE(S) TO:
REQUIRED ALL TRANSFER INSTRUCTIONS SHALL STATE: “FUNDS ARE CLEAN AND CLEAR, OF NON-CRIMINAL
MESSAGE ORIGIN AND ARE PAYABLE IN CASH IMMEDIATELY UPON RECEIPT BY BENEIFICIARY’S BANK.”
Page 8 of 8