TRADING PARTNERS

Resources - Paperwork Resources - IMPFA

*** THIS TEXT HAVE TO BE TREATED ONLY AS A FREE SAMPLE TEXT ***
*** USER IS FULLY AWARE OF THE FACT, THAT EVERY ISSUER HAVE HIS OWN IMFPA's***

Irrevocable Master Fee Protection Agreement (IMFPA)

Irrevocable Master Fee Protection Agreement
and
Non-Circumvention, Non-Disclosure Agreement

Date:
Payment Instrument Code(s):
Contract Number/Transaction Code:
Commodity:
Total Contracted Quantity:
Contract Length:
Total Number of Shipments:
Quantity per Shipment:
Buyer's Contact Information
Buyer:
Buyer's Address:
Buyer's Phone:
Buyer's Fax:
Buyer's E-mail:
Buyer's Banking Coordinates
Bank:
Bank Branch:
Bank Address:
Bank Officer's Name:
Bank Officer's Title / Position:
Bank Telephone:
Bank Fax:
Bank Account Name:
Bank Account Number:
Bank SWIFT Code:
Bank Routing Number:
Seller's Contact Information
Seller:
Seller's Address:
Seller's Phone:
Seller's Fax:
Seller's E-mail:
Seller's Banking Coordinates
Bank:
Bank Branch:
Bank Address:
Bank Officer's Name:
Bank Officer's Title / Position:
Bank Telephone:
Bank Fax:
Bank Account Name:
Bank Account Number:
Bank SWIFT Code:
Bank Routing Number:

1.1 Whereas we, Our Corporation of NAME of Street/Blvd., CITY P.O. Code, COUNTRY with full legal and corporate responsibility, do hereby irrevocably guarantee that upon the successful transaction of each shipment's:
• Loading;
• Voyage;
• Destination discharge;
• Buyer's acceptance and possession of commodity without protest;
• Funds released from Buyer's bank for full payment of contracted shipment value;
• Commissions are made available and/or released to Our Corporation to act as Paymaster and fulfill its obligations;
agree to pay a commission of USD$/EUR ________ (United States Dollars/EUR) per _______ (Metric Ton or Unit) to _________________________ (Enter Intermediate's Company Name) for commissions payable from the above stated Contract Number/Transaction Code and Payment Instrument Code. The above stated commission per shipment shall be paid immediately by Bank Wire Transfer.
1.2 Payment shall be marked "Same Day Payment" in good, clean, and clear United States Dollars free from any liens, or local taxes and without restrictions, protest, impediments, or delays unless otherwise agreed in writing by both parties.
(If transaction is tranched, payment will be made after each tranche.)


Buyer’s Intermediaries/Mandate/Designate
Intermediate's Company Name:
Intermediate's Representative Name:
Intermediate's Company Address:
Intermediate's Telephone:
Intermediate's Fax:
Intermediate's E-mail:
Intermediate's Banking Coordinates
Bank:
Bank Branch:
Bank Address:
Bank Officer's Name:
Bank Officer's Title / Position:
Bank Telephone:
Bank Fax:
Bank Account Name:
Bank Account Number:
Bank SWIFT Code:
Bank Routing Number:

2.1 We, ___________________________________________ (Enter Intermediate's Company Name and Address), agree to immediately execute any and all additional documents as may be necessary or required to effectuate the intention contained here within. The undersigned confirms and warrants that this Irrevocable Master Fee Protection Agreement will be lodged with each parties respected Bank before the commencement of the transaction(s). Payments are to be made from Seller's Bank or designated Paymaster's Bank directly to the above named Intermediate via Bank Wire Transfer to the banking coordinates of the Fee Recipient listed herein.
2.2 Wire Transfer payments shall be made subject only to the bank fees for normal transfer of funds. The recipient shall be responsible to provide his / her Tax Identifier information as appropriate.
2.3 It is understood and agreed that the parties shall each be individually responsible for the payment of their own respective taxes and government charges that may be applicable.
3.1 This Irrevocable Master Fee Protection Agreement shall remain unchanged until the transaction has been completed and terminated.
4.1 This agreement is Non-Transferable, Non-Assignable, Non-Divisible, and conditional to the terms and covenants contained herein. This agreement shall be effective upon the commencement stated here within paragraph 1.1 for the said transaction and shall remain in full force and effect for the full term of the said transaction, and shall apply to all renewals, extensions, rollovers, or additions pertaining thereto not to exceed five (5) years from the date of this agreement.
5.1 Both parties hereto agree not to directly or indirectly disclose, circumvent and / or bypass any of the parties to this transaction(s) for a period of five (5) years and parties shall comply with all terms, conditions, and obligations of the Non-Circumvention, Non-Disclosure, Confidential Agreement signed and dated ____________________ 2007 ( insert date / spell out the month the NCNDA was signed with Our Corporation). Parties hereby agree that this Irrevocable Master Fee Protection Agreement is to be made as an addendum to the Non-Circumvention, Non-Disclosure, Confidential Agreement referred to herein and binds the parties, their employers, employees, associates, agents, affiliates, subsidiaries, and Parent Company.
6.1 This Irrevocable Fee Pay Order is valid upon the signing of the Purchase and Sale Agreement herein referred to as "Contract" by and between _______________________, the Buyer and __________________________, the Seller and Seller's acceptance of Buyer's operative payment instrument(s) and shall remain valid and enforceable for the full term of the contract.
The parties herein are responsible and liable for the terms and conditions of this agreement pertaining to Non-Circumvention, Non-Disclosure, Confidential Agreement obligations and commission distribution. Parties signing below vow that they have full legal and corporate authority to enter into this agreement.

_________________________ _________________________
Signature Signature
Date Date
Name, Seal / Stamp of Paymaster Name, Seal / Stamp of Beneficiary

*** THIS TEXT HAVE TO BE TREATED ONLY AS A FREE SAMPLE TEXT ***
*** USER IS FULLY AWARE OF THE FACT, THAT EVERY ISSUER HAVE HIS OWN IMFPA's***