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NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)
IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA)
DATE: ----------------------------
Transaction Code:
Seller Code :
Buyer Code:
CONTRACT No :
BUYER’S NAME
REPRESENTED BY
_____________________________________________________________________________________________________________________________
_ NOTHING BELOW THIS LINE
This “agreement” incorporates by reference the standards of We the undersigned herewith referred as the, under
the International Chamber of Commerce (ICC), Paris, France, penalty of perjury do hereby irrevocably confirm and
on Non-Disclosure, Non-Circumvention and Working irrevocably accept to pay all intermediaries and fee
Agreements – including Privacy, Confidentiality and holders at the same time and in a manner as the
Cooperation. It shall bind each signatory (“Party”) for five (5) seller is being paid for each and every transaction of
years after execution regardless of the success of any this contract up to the completion of the contract plus
speFOBic transaction, and shall automatically extend to a new rollovers and extensions and in accordance with the
term of five (5) years from the start of any roll, extension, bank details to be specified in the hard copies of this
renewal or additional transaction between the principals. To contract.
achieve the mutual benefits of cooperation, each Party
understands that: We, the BUYER, irrevocably confirm that we will
order and direct our bank to endorse automatic
payment orders to the buyers beneficiaries named
Whereas, each Party recognizes the valuable proprietary rights below; furthermore, We, the BUYER, confirm that all
which each has established, and that it is in the best interests of pay orders shall automatically transfer funds as
each to protect and preserve such rights as have been attained, directed into each beneficiaries designated bank
maintained, developed, serviced and accomplished by each account within 1 (one) day, the date of closing and
prior to this Agreement, and, completion of each and every shipment of the
product during the contract term plus any/or
extensions and rollover of the specified contract. For
Whereas, the President of the United States, in signing HR the purpose of clarity, we confirm that the closing and
3721 on October 11, 1996, has authorized this Agreement by completion of each and every shipment shall be
giving corporations the right to declare their contracts, clients, deemed to take place when the letter of credit issued
internal procedures and information and the transactions they by the buyer has been drawn down at the counters of
engage in as corporate or trade secrets fully protected under the issuing bank.
the economic and industrial espionage laws of the U.S.A. and
the International Economic Community.
We, BUYER, agree to provide all beneficiaries with
written evidence of the pay orders lodged with our
Therefore, each Party signing this Agreement agrees to abide bank together with acknowledgements of their
by the following terms and conditions: acceptance. Furthermore, our bank shall be
instructed to provide duly signed and stamped
acknowledgement of this instruction as set out in the
annex. Forming part of this agreement. It is
Each Party agrees to not circumvent any other Party, e.g., to
understood that for the purposes of this Master Fee
avoid proper payment of fees or returns to a Party or to exclude
Protection Agreement, our bank shall be the same
a Party from proper participation, even for a rational reason (to
bank and this IMFPA acts as an integral part of it.
facilitate a deal or to avoid losing a deal). Each Party agrees to
not contact, or attempt to contact, directly or indirectly, any
“Confidential Contact” of any other Party, or use any
“Confidential Information” provided by any other Party, or We the undersigned being BUYER or the SELLER
named legally authorized representative as stated
disclose any of said information to anyone or entity, without a
real need and the consent of said other Party for each suchwithin the signed and legally binding main
transaction, contract unconditionally agree and
contact, use or disclosure, and then only after an agreement on
fees. Each Party agrees to keep private – and protect from undertake to approve and originate all payments in
USD currency to all beneficiaries named below as
leaks into the public domain any and all privileged and other
THERMAL COAL TIPE B. PURCHASE AND SALE CONTRACT. NO. Page 3 of 12
_____________________________
BUYER
Printed Name:
Company:
Address:
Passport No:
Designation:
Date and Time:
Tel:
Fax:
E-mail:
NAME IVAN DARIO JARAMILLO LLANO ACCEPTED BY US WITH BELOW BANK DETAILS OUR
BANK WILL BE USED AS PAYING BANK :
NATIONALITY:
TODAY’S DATE: TODAY’S DATE:
NATIONALITY:
TODAY’S DATE: TODAY’S DATE:
PERFECTIONING: This agreement shall be taken as perfection with the signing of the contracting
parties notarized.
In proof of the above, Three (3) copies of the same wording are signed, in the city of Bogota Colombia
, on days of the month of ------------- (2011).
SELLER
BUYER
Printed Name:
Company:
Address:
Passport No:
Designation:
Date and Time:
Tel:
Fax:
E-mail:
__________________________________________________________________________________________
NOTHING BELOW THIS LINE
BEFORE ME, THE UNDERSIGNED NOTARY PUBLIC, PERSOALLY APPEARED THE FOLLOWING:
TO ME KNOWN TO BE THE INDIVIDUALS DESCRIBED HEREIN AND WHO EXECUTED THE FOREGOING
INSTRUMENT, AND ACKNOWLEDGED THAT THEY EXECUTED THE SAME AS THEIR FREE ACT AND
DEED.
MY COMMISSION EXPIRES:
_______________________________
Notary public signature
Officer name:
Title:
Notary public name:
Address:
Tel:
Today’s date:
THERMAL COAL TIPE B. PURCHASE AND SALE CONTRACT. NO. Page 10 of 12
[SEAL]
Bank Endorsement
THIS IS TO CERTIFY THAT THE ABOVE IRREVOCABLE PAYMENT ORDER HAS BEEN LODGED WITH US
AND WILL BE EXECUTED IN ACCORDANCE WITH THE INSTRUCTIONS STIPULATED IN THIS
DOCUMENT.
_______________________________
Bank officer 1 signature
Bank office name:
Title:
Pin number:
Bank name:
Bank address:
Bank tel:
Today’s date:
[seal]
______________________________
Bank officer 2 signature
Bank office name:
Title:
Pin number:
Bank name:
Bank address:
Bank tel:
Today’s date:
[SEAL]
NOTARY PUBLIC
NOTARY PUBLIC