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MASTER FEE PROTECTION AGREEMENT

Irrevocable Payment Order and Disbursement Instruction


Transaction code:
Buyers code:
Date: [ ]
We, Name [Position] of [Company] and the authorised signatories of the account of
the company hereby confirm with full corporate and legal responsibility and under
penalty of perjury that this fee protection agreement, irrevocable disbursement
instruction and payment order is made to the herein stated beneficiary paymaster
and beneficiaries thereto for services rendered in connection with the purchase of
[Commodity] with the above referenced codes.
The details of the payer are as follows:
Payers full name: [Company]
Bank name:
Bank address:
Account name:
Account number:
IBAN number:
Swift code:
Bank officer:
Telephone number:
Fax number:
Total payment order value:
Total payment order value shall be US$ _________ ( ______________United States
Dollars) of the above referenced transaction is payable to the beneficiary paymaster
herein for each and every shipment on a transaction by transaction basis. Such
payment shall be made via SWIFT bank wire transfer, without protest delay or
deductions and free from any bank charges local and national taxes and liens to the
extent permissible.
Beneficiary Paymaster:
Bank name:
Bank address:
Account name:
Account number:
IBAN number:
Swift code:
Bank officer:
Telephone number:
Fax number:
All commission fees
transactions, on a
extensions. The fees
to the designated

will be distributed to the individuals or groups named for all


transaction by transaction basis, including any rolls and
will be paid by SWIFT (by the bank order instructions) transfer,
account(s) of the beneficiaries without protest, delay, or

deductions. United States Dollar amount as hereby agreed as the


Intermediaries'/Agents commission fee within this Pay order will be paid to their
designated account(s) for distribution to all beneficiaries as follows:
Agents/ Intermediaries A: US$ _________ ( ______________United States Dollars)
Beneficiary:
Beneficiary Paymaster:
Bank name:
Bank address:
Account name:
Account number:
IBAN number:
Swift code:
Bank officer:
Telephone number:
Fax number:
Agents/ Intermediaries B: US$ _________ ( ______________United States Dollars)
Beneficiary:
Beneficiary Paymaster:
Bank name:
Bank address:
Account name:
Account number:
IBAN number:
Swift code:
Bank officer:
Telephone number:
Fax number:
Agents/ Intermediaries C: US$ _________ ( ______________United States Dollars)
Beneficiary:
Beneficiary Paymaster:
Bank name:
Bank address:
Account name:
Account number:
IBAN number:
Swift code:
Bank officer:
Telephone number:
Fax number:
The above referenced codes may be amended only by agreement between all the
parties hereto. This transmission via facsimile or email will be accepted as an
original and the buyer confirms that he has the power to execute this pay order.
It is understood that all parties herein involved are considered to be bound by
international standards of noncircumvention/nondisclosure as governed by the

International Chamber of Commerce as earlier entered into in the NCND agreement


and if subject to litigation to the laws of the involved countries.
This document is to be lodged in the buyers bank before the transaction starts and
after the signing of the transaction agreement. The beneficiary paymaster has to
receive a bank acknowledgement. This payment order is valid upon commencement
of the transaction and shall remain valid and enforceable for the full term of this
transaction and shall apply to any and all renewals, extensions, rollovers, additions,
or any new agreement between the buyer and the seller, their shareholders and/or
assigns. It is unconditional, assignable and divisible to the beneficiaries, heirs and
assignees upon written notice to all parties concerned.
This payment order shall be endorsed and executed by the payer/paying bank upon
commencement of the transaction. A copy of the endorsement shall be provided to
the beneficiary paymaster.
This Agreement may be executed in two or more counterparts and facsimile copies,
each of, which shall be deemed an original, but all of which together shall constitute
one and the same instrument. All notices or, other documents under this agreement
shall be in writing and sent by facsimile or computervia email or delivered
personally or mailed by certified mail, postage prepaid, and addressed to the
parties at their last known addresses. The spirit behind this Agreement is one of
mutual trust and confidence and of the reliance of each other to do what is fair and
equitable.
In the event of death the beneficiary paymasters heirs will pay/receive the above
fees.
Facsimile copies of this agreement shall be deemed as originals.
Executed by the buyer for an on behalf of [Company]
Name:
Passport number:
Expiry date:

Name:
Passport number:
Expiry date:

Bank endorsement:
We hereby acknowledge and confirm this document is lodged with our bank and it
shall be executed on commencement of the above transaction.

Bank officer:
Date:

Bank Officer:

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