Valetax Global Ltd
Suite 305, Griffith Corporate Centre
MASTER INTRODUCING BROKER AGREEMENT
This Master Introducing Broker (MIB) Agreement
(“Agreement”) is entered into between Valetax
Global Ltd (hereinafter referred to as “VALETAX”)
and Master Introducing Broker (MIB), an individual
or an entity, which also includes referring brokers
(“Introducing Broker”) that solicits and introduces
accounts (“Introduced Accounts”) to VALETAX.
1. INTRODUCING BROKER REPRESENTATIONS AND
WARRANTIES. Introducing Broker represents and
warrants that: (a) Introducing Broker is of sound
mind and body, legal age and legal competence; (b)
Introducing Broker is an individual who is not
prohibited from entering into and effecting the
terms of this Agreement; or if a legal entity, is duly
organized and is in good standing in the jurisdiction
of its formation, and Introducing Broker is duly
authorized and empowered to enter into and effect
the terms of this Agreement; (c) regardless of any
subsequent determination to the contrary,
Introducing Broker is suitable to solicit and introduce
accounts to VALETAX; (d) Introducing Broker is not
now an employee of any regulated broker firm and
does not have an ownership interest in a regulated
broker firm, unless identified as such to VALETAX; (e)
Introducing Broker will not be an account holder or
have control of Introduced Account(s) (“Introduced
Client”); (f) Introducing Broker will make only honest
and accurate representations about VALETAX’s
products and services; (g) Introducing Broker will
make only honest and accurate representations
about Introduced Client(s); (h) Introducing Broker
will never hold itself out as an employee, agent or a
partner of VALETAX; (i) Introducing Broker is fully
aware and familiar with VALETAX’s trading
agreements and with all VALETAX trading terms
(available on the VALETAX website); and (j)
Introducing Broker maintains such registrations and
memberships for the duration of Introducing
Broker’s relationship with VALETAX, as may be
required under the laws and regulations of
Introducing Broker’s jurisdiction, and will advise
VALETAX immediately of any lapse, suspension or
termination of such registrations or memberships,
Beachmont, P.O Box 1510, Kingstown
St Vincent and the Grenadines
notification of which entitles VALETAX to terminate
this Agreement immediately.
2. SEPARATE AGREEMENTS. VALETAX makes no
guarantees with regard to execution of any
agreement, contract or authorization between
Introduced Client and Introducing Broker.
Introducing Broker acknowledges that Introducing
Broker has no separate agreement with Introduced
Client or any VALETAX employee or agent regarding
the trading in the Introduced Account, including any
agreement with Introduced Client that guarantees
profits or limits losses in the Introduced Account.
Introducing Broker understands that Introducing
Broker is under an obligation to notify an VALETAX
Compliance Officer immediately in writing as to any
agreement of this type.
3. DUTIES OF INTRODUCING BROKER. Introducing
Broker acknowledges and agrees that: (a)
Introducing Broker will solicit and introduce
accounts to VALETAX with no misrepresentations or
any other improprieties to be employed in
encouraging the Introduced Client to open an
account with VALETAX; (b) VALETAX requires each
client’s direct contact information; (c) VALETAX
reserves the right to contact Client directly when
necessary; and (d) Introducing Broker will not accept
or hold any money, securities or property (or extend
credit in lieu thereof) to margin, guarantee or secure
any trades, contracts or positions effected or carried
in any Introduced Account.
4. VALETAX SCRUTINY. Introducing Broker agrees
and acknowledges that VALETAX may and has a right
to (a) prohibit certain customer(s) from opening an
account with VALETAX or may reject an account of
certain customer(s); (b) reject a third party
transaction; (c) periodically monitor, and report if
necessary, any suspicious activity in Introduced
Account(s) to prohibit churning, money laundering
and all other fraudulent activity; (d) investigate
Introducing Broker identity by verifying information
provided by Introducing Broker and/or Client; and,
Valetax Global Ltd - Master IB Agreement v1.2
(e) periodically monitor and review Introducing
Broker websites along with any and all promotional
materials used by the Introducing Broker, including
print and advertising to ensure compliance with
VALETAX policies.
5. RECORDINGS. Introducing Broker agrees and
acknowledges that all conversations between
Introducing Broker and VALETAX personnel may be
electronically recorded with or without the use of an
automatic tone-warning device. Introducing Broker
further agrees to the use of such recordings and
transcripts thereof as evidence by either party in
connection with any dispute, disciplinary action or
legal proceeding that may arise involving Introducing
Broker or VALETAX.
6. VALETAX PROPRIETARY INFORMATION.
Introducing Broker will have no right to or claim to,
or ownership interest in, the confidential
information of VALETAX. For the purpose of this
Agreement, “Confidential Information” of VALETAX
includes trade secrets and all internal business
information which is proprietary in nature,
confidential to VALETAX and is not generally
available to the public or to VALETAX’ competitors,
and constitutes valuable, special and unique
property of VALETAX that VALETAX has legitimate
business interest in protecting. Introducing Broker
further acknowledges that the Confidential
Information imparted by VALETAX to Introducing
Broker has been developed by VALETAX through the
expenditure of substantial skill, time, effort and
money. Introducing Broker will not publish,
distribute, or otherwise make available to third
parties any Confidential Information without prior
written approval of VALETAX. Introducing Broker will
not copy, modify, de-compile, reverse engineer, or
make derivative works of the Confidential
Information or intellectual property of VALETAX.
7. INTRODUCED CLIENT CONFIDENTIALITY.
Introducing Broker acknowledges and agrees that
any information obtained by the Introducing Broker
regarding an Introduced Client “Client Confidential
Information” in furtherance of the relationship with
VALETAX must be held in strict confidence by the
Introducing Broker. Client Confidential Information
includes any non-public personal information about
an Introduced Client including, but not limited to,
Introduced Client’s address, government
identification number and trading activity.
Introducing Broker must forever hold all Client
Confidential Information in strict confidence and
must not use, disclose or exploit Client Confidential
Information other than upon obtaining written
permission from Introduced Client and VALETAX, or
as may be required by law. Introducing Broker
agrees and acknowledges that any and all Client
Confidential Information provided to VALETAX by
the Introducing Broker in regard to the Introduced
Client(s) is in accordance with all applicable privacy
rules and regulations. Introducing Broker further
acknowledges that Introducing Broker is not entitled
to any Client Confidential Information disclosed by
Introduced Client to VALETAX or from VALETAX to
Introduced Client.
8. PROMOTIONAL MATERIALS. VALETAX may
request and Introducing Broker agrees to submit to
VALETAX copies of all printed, electronic, and other
forms of promotional and marketing material.
VALETAX reserves the right to veto the use of this
material if VALETAX deems that the material may be
misleading or is non-compliant with VALETAX
policies. If Introducing Broker runs or operates a
website(s) for the purpose of acquiring clients,
Introducing Broker agrees to be liable for the
information posted on its website(s). VALETAX may
request and Introducing Broker agrees to provide
VALETAX Compliance Department with information
about additions, amendments to or changes in
Website content prior to its use by Introducing
Broker.
9. REFERRALS. Introducing Broker may refer or
introduce other entities to become Introducing
Brokers for VALETAX subject to VALETAX’ approval;
or Introducing Broker may have been referred or
introduced to become an Introducing Broker for
VALETAX by another VALETAX Introducing Broker.
Each referring or referred Introducing Broker will
complete and sign a separate Introducing Broker
Application and Agreement, subject to the approval
of VALETAX. Introducing Broker will not accept
referrals or solicitations from any third party solicitor
that has not completed an Introducing Broker
Application and Agreement which has been
approved by VALETAX. VALETAX reserves the right to
change Referrals terms at any time.
10. INTRODUCING BROKER AS VALETAX MONEY
MANAGER. In the event that Introducing Broker
obtains discretionary trading authority over
Introduced Account(s), the Introducing Broker must
also complete, sign and be subject to the terms of
Page 2
 Only two pages were converted.
Please Sign Up to convert the full document.

www.freepdfconvert.com/membership