NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)
IRREVOCABLE MASTER FEE PROTECTION AGREEMENT (IMFPA)
BUYER : OBEK-THOR COMPANY LTD
RE-SELLER: G2 RESOURCES & DEVELOPMENT
Contract Code :
Re-Seller’s Code :
Buyer’s Code :
Type of deal : 12 MONTHS CONTRACT
Product : EN590 10PPM
Product Origin : KAZAKHSTAN
Loading Port :
Discharge Port : THEMA PORT – GHANA
Contract Quantity : 50,000 MT X 12 MONTHS = 600,000 MT
Contract Total Value : 360,000,000 USD
Contract Period : 12 MONTHS
Facilitator Total
30USD/MT X 50,000 MT X 12 MONTHS = 1,80,00,000 USD
Consultation Fee :
Payment Method :
Delivery Terms : CIF
Re-Seller’s Name : G2 RESOURCES & DEVELOPMENT
Re-Seller’s side
Representative : Mr. Ameer Mohammed, Mr. Mohamed Iqbal
(Herein called as part A)
Re-Seller’s side Mr. Ameer Mohammed
Representative Total (7.5 USD/MT X 50,000 MT=375,000USD)
Consultation Fee : Roll over for 12 MONTHS
Mr.Mohamed Iqbal
(7.5 USD/MT X 50,000 MT=375,000USD)
Roll over for 12 MONTHS
Buyer’s Name : OBEK-THOR COMPANY LTD
Buyer’s side
Representative :
Mr.Rama Chandran neelamegan, Mr. Jameen badusha
(Herein called as party
B)
Buyer’s side Mr.Rama Chandran neelamegan
Representative Total (7.5 USD/MT X 50,000 MT=375,000USD)
Consultation Fee : Roll over for 12 MONTHS
Mr. Jameen badusha
(7.5 USD/MT X 50,000 MT=375,000USD)
Roll over for 12 MONTHS
Roll over for 12 MONTHS
Contract Date :
NON-CIRCUMVENTION, NON-DISCLOSURE & IRREVOCABLE MASTER FEE PROTECTION
Non-Circumvention, Non Disclosure & Working Agreement / Irrevocable Master Fee Protection Agreement
Page 1 of 12
, WORKING AGREEMENT (NCNDA) AGREEMENT (IMFPA)
WHEREAS the undersigned wish to enter into this We the undersigned herewith referred as
Agreement to define certain parameters of the the Seller, under penalty of perjury do hereby
irrevocably confirm and irrevocably accept to
future legal obligations, are bound by a duty of
pay all intermediaries and fee holders at the
Confidentiality with respect to their sources and same time and in a manner as the seller is
contacts. This duty is in accordance with the being paid for each and every transaction of
this contract up to the completion of the
International Chamber of Commerce.
contract plus rollovers and extensions and in
WHEREAS the undersigned desire to enter a accordance with the bank details to be
working business relationship to the mutual and specified in this contract.
We, the RE-SELLER, irrevocably confirm that
common benefit of the parties hereto, including
we will order and direct our bank to endorse
their affiliates, subsidiaries, stockholders, automatic payment orders to the beneficiaries
partners, co-ventures, trading partners, and other named below; furthermore, We, the RE-
SELLER, confirm that all pay orders shall
associated organizations (hereinafter referred to
automatically transfer funds as directed into
as “Affiliates”). each beneficiaries designated bank account
NOW THEREFORE in consideration of the mutual within 1 (one) day after the date of closing
promises, assertions and covenants herein and and completion of each and every shipment of
the product during the contract term plus
other good and valuable considerations, the
any/or extensions and rollover of the specified
receipts of which is acknowledged hereby, the contract. For the purpose of clarity, we confirm
parties hereby agree as follows: that the closing and completion of each and
every shipment shall be deemed to take place
1. TERMS AND CONDITIONS
when the letter of credit issued by the buyer
A. The parties will not in any manner solicit, has been drawn down at the counters of the
nor accept any business in any manner issuing bank.
We, the RE-SELLER, agree to provide all
from sources or their affiliates, which
beneficiaries herein referred as consultants or
sources were made available through this party A and Party B with written evidence of
agreement, without the express the pay orders lodged with our bank together
permission of the party who made with acknowledgments of their acceptance.
Furthermore, our bank shall be instructed to
available the source and, provide duly signed and stamped
B. The parties will maintain complete acknowledgement of this instruction as set out
confidentiality regarding each other in the annex. Forming part of this agreement.
It is understood that for the purposes of this
business sources and/or their Affiliates
Master Fee Protection Agreement, our bank
and will disclose such business sources shall be the same bank and this IMFPA acts as
only to the named parties pursuant to the an integral part of it.
express written permission of this party
We the undersigned being BUYER or the
who made available the source, and, seller named legally authorized representative
C. That they will not in any of the as stated within the signed and legally binding
main transaction, contract unconditionally
transactions the parties are desirous of
agree and undertake to approve and originate
entering into and do, to the best of their all payments in USD currency to all
abilities assure the other that the beneficiaries named below as their rightful and
transaction codes established will not be payable commissions. This agreement also
acts as a record confirming the commission
affected. amounts for each named beneficiary as set out
Non-Circumvention, Non Disclosure & Working Agreement / Irrevocable Master Fee Protection Agreement
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