International Chamber of Commerce

The world business organization

(I.C.C. 400 / 500 / 600)

Page 1 of 7

NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA)
AND PAY ORDER FOR 4 % FACE VALUE OF NKD CONTRACT FROM BUYER
IRREVOCABLE MASTER FEE PROTECTION AND PAY ORDER AGREEMENT

Date Issued: __th of January, 2011

Issued to
Issued by
Transaction Code
EUR PS CODE
NKD PS CODE

Paymasters for beneficiaries listed hereinafter

Buyer Name

IRREVOCABLE MASTER FEE PROTECTION and PAY ORDER AGREEMENT

We, Buyer Name, represented by Mr. abc, holder of Country Passport No.:xxxxxxxxxxxxxx,
as sole authorized signatory and legal Buyer in the NKD transaction of identified with above-written
CEO / Director Mr. abc, with full legal, corporate and personal authority and responsibility, under
penalty of perjury, hereby endorse this Irrevocable Master Fee Protection Agreement and Pay Order
(IMFPA / PO) for Consultant Fees of FOUR (4 %) percent of total contract NKD face value of each
and every tranche, including all rolls and extensions, or any further business between the parties, their
shareholders, heirs, assigns, or trusts. I further agree and acknowledge that this IMFPA / PO
constitutes an Irrevocable and Unconditional Guarantee to pay Consultant Fees in compliance with
the terms hereof for any and all transactions or tranches that are completed pursuant to the
transaction identified by the above Seller and Buyer Codes.
Description of the transaction:
COMMODITY
NKD (New Kuwaiti Dinar)
Gross 24 % / Net 20 % Discount of total Face value of NKD Contract,
OFFER PRICE
Day of Transaction in EURO
CONSULTANT FEES
COMMODITY PLACE
CONTRACT
QUANTITY
PACKING
TRANCHES
PAYMENT TERM
SELLERS NAME
BUYERS NAME
BENEFICIARIES
(as consultant)
CONTRACT DATE

Buyer s Initials: ___

FOUR (4 %) percent Consultant Fees of total Face Value NKD Contract

equivalent to EURO to be paid by Buyer / Buyer Bank (Payor)
ISTANBUL (AFZ), TURKEY
__ Billion NKD (__0 pallets) with Rolls & Extensions
100 Million NKD per Pallet
1st Tranche: __ Pallet (__00 Million NKD)
From Second Tranche TBD
SWIFT MT103 / 23 against Clear Documents

____________ for seller side, 3.0 % (Three Percent) - (CLOSED)

____________ for buyer side, 1.0 % (One Percent) - (OPEN)
JANUARY __, 2011

International Chamber of Commerce

The world business organization

(I.C.C. 400 / 500 / 600)

Page 2 of 7

NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA)
AND PAY ORDER FOR 4 % FACE VALUE OF NKD CONTRACT FROM BUYER
IRREVOCABLE MASTER FEE PROTECTION AND PAY ORDER AGREEMENT

CONSULTANT FEE: THREE PERCENT (3.0 %) OF THE TOTAL FACE VALUE OF NKD
CONTRACT EQUIVALENT TO EURO INCLUDING ROLLS AND EXTENSIONS AND OF EACH
AND EVERY TRANCHE PAID BY THE BUYER - (CLOSED).
BANK NAME
BANK ADDRESS
BANK OFFICER
BANK TELEPHONE / FAX /
EMAIL
SWIFT CODE
ACCOUNT NAME
IBAN NUMBER
PAYMASTER
BENEFICIARY
AS PER SUB-FEE AGREEMENT
SPECIAL INSTRUCTIONS
SAME DAY TRANSFER AND IMMEDIATE CREDIT
ALL WIRE TRANSFERS SHALL INCORPORATE BELOW TEXT
MESSAGE AND A COPY OF BANK WIRE TRANSFER SLIP
SPECIAL
WIRE SHALL BE EMAILED TO: ____ AND OR LEGAL VERIFICATION
INSTRUCTIONS
AND DOCUMENTATION PURSUANT TO PATRIOT ACT /
BANKING REGULATIONS WITH ONE ORIGINAL CONTRACT
COPY TO BE FILED WITH BANK
THE REMITTER IS KNOWN TO US. THIS IS DONE WITH FULL
REQUIRED MESSAGE
BANKING RESPONSIBILITY AND WE ARE SATISFIED AS TO
THE SOURCE OF FUNDS SENT TO US.
THREE (3 %) PERCENT OF TOTAL FACE VALUE OF NKD
CONSULTING FEE PAYMENT
CONTRACT OF EACH AND EVERY TRANCHE WITH ROLLS &
ORDER
EXTENSIONS

Buyer s Initials: ___

International Chamber of Commerce

The world business organization

(I.C.C. 400 / 500 / 600)

Page 3 of 7

NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA)
AND PAY ORDER FOR 4 % FACE VALUE OF NKD CONTRACT FROM BUYER
IRREVOCABLE MASTER FEE PROTECTION AND PAY ORDER AGREEMENT

CONSULTANT FEE: ONE PERCENT (1.0 %) OF THE TOTAL FACE VALUE OF NKD CONTRACT
EQUIVALENT TO EURO INCLUDING ROLLS AND EXTENSIONS AND OF EACH AND EVERY
TRANCHE PAID BY THE BUYER - (OPEN).
BANK NAME
BANK ADDRESS
BANK OFFICER
BANK TELEPHONE / FAX
SWIFT CODE
ACCOUNT NAME
IBAN NUMBER
PAYMASTER
BENEFICIARY
AS PER SUB-FEE AGREEMENT
SPECIAL INSTRUCTIONS
SAME DAY TRANSFER AND IMMEDIATE CREDIT
ALL WIRE TRANSFERS SHALL INCORPORATE BELOW TEXT
MESSAGE AND A COPY OF BANK WIRE TRANSFER SLIP
SPECIAL
WIRE SHALL BE EMAILED TO: ____ AND OR LEGAL VERIFICATION
INSTRUCTIONS
AND DOCUMENTATION PURSUANT TO PATRIOT ACT /
BANKING REGULATIONS WITH ONE ORIGINAL CONTRACT
COPY TO BE FILED WITH BANK
THE REMITTER IS KNOWN TO US. THIS IS DONE WITH FULL
REQUIRED MESSAGE
BANKING RESPONSIBILITY AND WE ARE SATISFIED AS TO
THE SOURCE OF FUNDS SENT TO US.
ONE (1 %) PERCENT OF TOTAL FACE VALUE OF NKD
CONSULTING FEE PAYMENT
CONTRACT OF EACH AND EVERY TRANCHE WITH ROLLS &
ORDER
EXTENSIONS

Buyer s Initials: ___

International Chamber of Commerce

The world business organization

(I.C.C. 400 / 500 / 600)

Page 4 of 7

NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA)
AND PAY ORDER FOR 4 % FACE VALUE OF NKD CONTRACT FROM BUYER
IRREVOCABLE MASTER FEE PROTECTION AND PAY ORDER AGREEMENT

GENERAL TERMS & CONDITIONS

1. This agreement will become an integral part of the Contract identified in as soon as the contract
becomes valid and signed.
2. This Consultant Fee Agreement becomes irrevocable and unconditional upon the successful
initiation of the transaction referenced above, and shall be registered with the Buyers Bank, and a
copy shall be sent to the paymasters for beneficiaries, and shall remain valid and enforceable for the
full term of the contract and shall apply to any and all renewals, extensions or additions of any type.
3. All Consultant Fee transfers, are to be made by wire and transferred immediately upon closing of
each transaction or transaction tranche or as soon thereafter as banking processes allow without liens
or delays of any kind whatsoever.
4. This Agreement becomes effective with the execution of the Transaction Contract referenced by
the Sellers Code and Buyers Code set forth above and shall remain valid and enforceable for the full
term of the contract and shall apply to any and all renewals, extensions, or any new agreements
between Buyer and Seller or their Shareholders and / or assigns for a period of Five (5) years,
renewable for another 5 years period of time from the date hereof at the option of both Parties.
5. The applicable Non-Circumvention / Non-Disclosure conditions of the ICC 400 / 500 / 600 rules
and regulations are binding upon all parties to this agreement or any other pending or future
transactions. All signed copies of this agreement including fax transmissions thereof, shall be
considered legally binding documents. This agreement and the rights and obligations hereof are
binding and inure to the respective heirs, legal representatives, assignees and / or successors of the
parties hereof.
6. It is understood that all parties herein involved are considered to be bound by international
standard of non-circumvention / non-disclosure as governed by the International Chamber of
Commerce, and if subject to litigation, to the laws of the involved countries.
7. Parties to this agreement are independent contractors and all contemplated payments and / or
distributions hereunder are divided interests. All taxes, federal, state or other, are the independent
responsibility of each of the parties hereto. Reporting of income and the payment of any related taxes
is the sole responsibility of the Beneficiaries.
8. All parties involved in this transaction herewith irrevocably agree that the above named
beneficiaries do not assume any responsibility for the above named transaction and he cannot be
held liable for any reason associated with the above transaction, except for the Non-Circumvention
and Non-Disclosure (N.C.N.D) violations.
9. The receipt of this document constitutes acknowledgement on the part of recipients hereof that
the transactions herein are not to be in violation of existing regulations and laws and all parties herein
are bound to obey and be in compliance with all regulations and laws as related to the transactions
herein.
10. The Signatory hereof avers and confirms that he has the power and authority to execute this
Irrevocable Fee Protection and Pay Order Agreement.

Buyer s Initials: ___

International Chamber of Commerce

The world business organization

(I.C.C. 400 / 500 / 600)

Page 5 of 7

NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA)
AND PAY ORDER FOR 4 % FACE VALUE OF NKD CONTRACT FROM BUYER
IRREVOCABLE MASTER FEE PROTECTION AND PAY ORDER AGREEMENT

THE BUYER / PAYING BANK (PAYOR)

Bank Name
Bank Address
Bank Officer Tel
Bank Officer Fax
Bank Officer
Account Name
IBAN Number
Swift Code

APPROVED & SIGNED BY BUYER BANK / PAYOR:

Signed this __ th Day of January, 2011

__________________
Bank Officer Name:
Title:

__________________
Bank Officer Name:
Title:

BANK SEAL

Buyer s Initials: ___

International Chamber of Commerce

The world business organization

(I.C.C. 400 / 500 / 600)

Page 6 of 7

NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA)
AND PAY ORDER FOR 4 % FACE VALUE OF NKD CONTRACT FROM BUYER
IRREVOCABLE MASTER FEE PROTECTION AND PAY ORDER AGREEMENT

On the __ th Day of January, 2011, we (buyer name) agreed that signed and sealed copies of this
Irrevocable Master Fee Protection Agreement will be in full force and effect.

Buyer:
Sign & seal
______________________
Mr. __________
Title: CEO / Director
Company Name:
Addressed in:
Passport No.:
- Copy of Passport

Buyer s Initials: ___

International Chamber of Commerce

The world business organization

(I.C.C. 400 / 500 / 600)

Page 7 of 7

NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)

IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA)
AND PAY ORDER FOR 4 % FACE VALUE OF NKD CONTRACT FROM BUYER
IRREVOCABLE MASTER FEE PROTECTION AND PAY ORDER AGREEMENT

Color Copy of Passport

Buyer s Initials: ___