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Master Fee Agreement

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					This Master Fee Agreement sets out the terms and conditions whereby the Purchaser
agrees to pay all intermediaries and fee holders. As drafted, the Purchaser agrees to
pay these beneficiaries at the same time and in the same method as the seller is being
paid for all transactions covered by the agreement. This document contains both
standard clauses as well as opportunities for customization to ensure that the
understandings of the parties are properly set forth. This template form also provides
the opportunity to attach additional information under the various schedules included at
the end of the agreement.
                                                                          Master Fee Agreement



                                 MASTER FEE AGREEMENT

CONTRACT NO:

COMMODITY:

QUANTITY:

TERM OF CONTRACT:

SELLER:

PURCHASER:


1.      The Purchaser hereby acknowledges and agrees that it/he/she will pay all intermediaries
and fee holders at the identical point in time and in same method as the seller is being paid for
each and every transaction of this agreement (the “Agreement”) up to and including the
completion date of this Agreement. Such payments will be made in accordance with the banking
particulars as set out on Schedule “A” annexed hereto.

2.      The Purchaser will authorize and direct the bank to make any and all payments required
to the beneficiaries contained on Schedule “B” annexed hereto. The Purchaser shall direct the
bank to transfer all amounts due and owing to such beneficiary’s respective bank accounts within
______ (___) days of the closing and completion of each and every shipment of the product
throughout the duration of this Agreement.

3.      The Purchaser will provide to each and every beneficiary a written statement evidencing
the pay orders filed with the Purchaser’s bank together with written acknowledgements of
acceptance of same. The Purchaser will authorize its bank to provide the written evidence of
written acknowledgement the form contained on Schedule “C” annexed hereto. The Purchaser
acknowledges at its bank shall be the bank of ______________________. [PROVIDE
SPECIFICS, IDENTIFYING PURCHASER'S BANK]

4.     The Purchaser acknowledges and agrees that all transactions and any and all payments
made to the beneficiaries shall be conducted in _______________ currency.

5.     The Purchaser acknowledges and agrees that total commissions payable will be paid by
the Purchaser as follows:

       (i)    _________________________________ (enter commission payment particulars)
{Instruction: Add additional lines, as necessary, in order to provide sufficient details.}




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                                                                              Master Fee Agreement


6.      This Agreement and any and all pay orders may be assigned or transferred with the
written consent of the beneficiaries. The parties hereby acknowledge and agree that this
Agreement shall not be eluded by any party for a period of _______ (___) years from the
Effective Date.

7.     This Agreement shall be binding on the parties, their agents, affiliates, successors and
assigns.

8.      This Agreement may be executed in any number of counterparts, each of which shall be
deemed to be an original and all of which taken together shall be deemed to constitute one and
the same instrument. Counterparts may be executed either in original or faxed form and the
parties adopt any signature
				
DOCUMENT INFO
Description: This Master Fee Agreement sets out the terms and conditions whereby the Purchaser agrees to pay all intermediaries and fee holders. As drafted, the Purchaser agrees to pay these beneficiaries at the same time and in the same method as the seller is being paid for all transactions covered by the agreement. This document contains both standard clauses as well as opportunities for customization to ensure that the understandings of the parties are properly set forth. This template form also provides the opportunity to attach additional information under the various schedules included at the end of the agreement.
This document is also part of a package Bookkeeping Forms for your Business 49 Documents Included