Approved IMFPA ESL

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Approved IMFPA ESL Powered By Docstoc
					Corporate logo (image) or your First name and Surname


                                                       Place, Date

                                                       Mrs or Mr.
                                                       (Country)



Electronic Simple Letter certified via EREGEX.com
EREGEX Reference: Your-Initials-IMFPA-Initials-of-the-parties




Dear Madam or Dear Sir,

I have read and fully approved, without any change from your electronic original document,
the terms and conditions of the IMFPA that you have sent to me via EREGEX ESL
(confirmed by SMS or any other written way):

    -    On the date of: (specify the ‘Treatment date’ = copy-paste ‘date and time’ on which you
         have opened the document in your Incoming Box),

    -    With DOCUMENT NUMBER: (specify the number of the received document, such as
         0332010018PLI027237, in ‘Details’).

The fact of sending you back this present letter by EREGEX ESL (confirmed by SMS or any
other written way), with my clear and full approval according to the specified procedure,
means that I electronically sign with you the IMFPA which I definitely consider as original,
legal and binding between us.

If any mistake is presently made by me while writing the proper (one or the other):
    - ‘EREGEX Reference’ numbers;
    - ‘Treatment date’ that I had to specify;
    - ‘DOCUMENT NUMBER’ (of your Incoming ESL),
I commit myself to send you back the correct information by EREGEX ESL (confirmed by
SMS or any other written way), using the same terms as present.

The IMFPA will not be considered as signed, legal and binding as long as all the correct
information will not be specified by written.

Yours Faithfully,

Your scanned signature (optional) or your name




Your address
Phone:                                                E-mail:
EREGEX Login: E-mail for invitation
Company Registration and VAT Numbers
       Irrevocable Master Fee Protection Agreement
            SUBJECT: SELL/BUY XXXXXXXX METRIC TONS OF XXXXXXXXX
            Reference of Deal (same as LOI Reference): XXX/2010/XXX/XXXX

                                             BETWEEN
                                    ……………………………………..
                                                -AND-
                                    ……………………………………..


We, the undersigned, herein represented by Mr. ……………………………………………….., holder of
………………………………………….. (country) Passport No.: ………………………………., Chairman & CEO of
…………………………………………………………………………………………………………………………………….…………..,
………………………………………………………………………………………………………………………………………..………..
[Address] ………………………………………….. [Country], warrants that he is authorized to enter into
agreement, do hereby irrevocably guarantee, promise and undertake, with full corporate
legal responsibility, and personal responsibility to protect all service fees due to consultants,
arrangers, intermediaries, etc.

The BUYER irrevocably undertakes, subject to terms of the agreement, and in consideration
of services rendered, to pay to the consultants, arrangers, intermediaries, etc. the service
fees referred to in the agreement, such payment to be made in UNITED STATES DOLLARS.
The said service fees shall be divided as agreed will be the responsibility of the paymaster.

This service fees protection agreement is contingent upon the conclusion of an
LOI/Agreement sign between the BUYER and SELLER of the XXXXXXXXXXXX. BUYER
and upon the completion of each delivery of the XXXXXXXXXXXX and is in consideration for
the services rendered by the consultants, arrangers, intermediaries, etc. to the transaction.
The service fees specified below or in such other document as is completed by the parties
and which may form an annexure hereto, will be paid upon the conclusion of each and every
delivery of the XXXXXXXXXXXX for the life of the contract, and any and all rollovers,
extensions or renewals. The commission shall be paid as follows:

1. GROUP 1: BUYER MANDATE: _____% OF 1.0% ON THE BUYER’S SIDE
PAYMASTER:         …………………..…………..…..           PASSPORT No: …………..………..…………..
  Bank Name:
  Bank Address:
  SWIFT Code:
  Account Name:
  IBAN number:
  Routing / ABA No:
  Bank Officer
  Phone / Fax No:




IMFPA – Page 1 on 4           Buyer Initial: __________     Notary Public Initial: __________
2. GROUP 2: BUYER MANDATE: _____% OF 1.0% ON THE BUYER’S SIDE
 PAYMASTER: …………………..…………..….. PASSPORT No: …………..………..…………..
  Bank Name:
  Bank Address:
  SWIFT Code:
  Account Name:
  IBAN number:
  Routing / ABA No:
  Bank Officer
  Phone / Fax No:



3. GROUP 3: BUYER MANDATE: _____% OF 1.0% ON THE BUYER’S SIDE
 PAYMASTER: …………………..…………..….. PASSPORT No: …………..………..…………..
  Bank Name:
  Bank Address:
  SWIFT Code:
  Account Name:
  IBAN number:
  Routing / ABA No:
  Bank Officer
  Phone / Fax No:



4. GROUP : 100% OF 1.0% ON THE SELLER’S SIDE (Leave this Blank)
 PAYMASTER: …………………..…………..….. PASSPORT No: …………..………..…………..
  Bank Name:
  Bank Address:
  SWIFT Code:
  Account Name:
  IBAN number:
  Routing / ABA No:
  Bank Officer
  Phone / Fax No:



NOTE: THE BENEFICIARY/IES ABOVE HAVE THE RIGHT TO CHANGE BANKS
AND/OR BANKING COORDINATES AND/OR INSTRUCTIONS WITH 24 HOURS
PRIOR WRITTEN NOTIFICATION TO THE BUYER.

All payments due to the consultants, arrangers, intermediaries, etc. shall be made/paid by
the BUYER by way of SWIFT WIRE transfer/Bank Drafts to the trustee paymaster/s
nominated above.

The trustee paymaster/s shall immediately upon receipt of fees pays to the beneficiaries
concerned. Should any dispute arise as to the interpretation or a breach of this agreement,

IMFPA – Page 2 on 4         Buyer Initial: __________   Notary Public Initial: __________
the signatories hereto may agree to submit the matter to arbitration as provided for in the
rules and regulations of the International Chamber of Commerce (ICC).

An EREGEX ESL confirmed by SMS or any other written way of this Irrevocable Master Fee
Protection Agreement (IMFPA) shall be deemed an ORIGINAL for all purposes (until the
original is produced). This agreement may be signed in counterpart, each of which shall be
deemed to be original, but all of which shall constitute one and the same document.

This document shall be executed by BUYER and/or his Fully Authorized Representative.

This Irrevocable Master Fee Protection Agreement (IMFPA) is subject to the conclusion of a
contract between the BUYER and SELLER and in the event of NO SUCH CONTRACT being
concluded, will be of NO FORCE or EFFECT.




AGREED & ACCEPTED BY:                                     NOTARY
FOR AND ON BEHALF OF:
…………….. [Name of Company] ……………..


SEAL                                                      SEAL

……………..                                                   ……………..


AUTHORIZED SIGNATURE                                      NOTARY PUBLIC SIGNATURE
CHAIRMAN & CEO
Name: ……………..                                             Name:    ……………..
Commission End: ……………..
Passport No.: ……………..
Country Issued: ……………..
Date: ……………..

                            EDT ( Electronic document transmissions )
EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect of
any provisions of this Contract. As applicable, this agreement shall be:-
1-      Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global and National
        Commerce Act’’ or such other applicable law conforming to the UNCITRAL Model
        Law on Electronic Signatures (2001) and
2-      ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted
        by the United Nations Centre for Trade Facilitation and Electronic Business
        (UN/CEFACT).
3-      EDT documents shall be subject to European Community Directive No. 95/46/EEC, as
        applicable. Either Party may request hard copy of any document that has been
        previously transmitted by electronic means provided however, except when
        transmitted by EREGEX ERDL or ESL (confirmed by SMS or any other written way), that
        any such request shall in no manner delay the parties from performing their respective
        obligations and duties under EDT instruments.


IMFPA – Page 3 on 4          Buyer Initial: __________    Notary Public Initial: __________
PAYOR’S BANK ENDORSEMENT AND ACKNOWLEDGEMENT


We, …………….. [NAME OF BANK AND FULL ADDRESS ] …………….., hereby affix our name
and do declare with full banking responsibility, irrevocably and unconditionally that this Fee
Protection Agreement will be honored and paid to the beneficiaries named above and/or
assigns by SWIFT WIRE transfer and/or Bank Drafts in United States Dollars for each and
every tranche.

This Fee Protection Agreement under Seller Trans. Code: …………….. Seller’s Code: ……………..
and Buyer Trans. Code: …………….. Buyer’s Code: …………….., are subject to the conclusion of
the LOI/AGREEMENT between the BUYER and SELLER and in the event of NO SUCH
contract being concluded this bank endorsement and acknowledgement will be of NO
FORCE or EFFECT.

For and on behalf of:
…………….. (Name of Bank) ……………..




                                                BANK SEAL

……………..                                         ……………..
Authorized Signature                            Authorized Signature
Name:                                           Name:
Title:                                          Title:
Date:                                           Date:




IMFPA – Page 4 on 4           Buyer Initial: __________      Notary Public Initial: __________

				
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