Enerjik's Non-Circumvention and Non-Disclosure Agreement (ENCNDA)

Enerjik's Non-Circumvention and Non-Disclosure Agreement (ENCNDA)

Whereas, the undersigned wish to enter into this agreement to define certain parameters of the future legal obligations, are bound by a duty of confidentiality with respect to their Sources and Contacts.

Whereas, the undersigned desire to enter a working business relationship to the mutual and common benefit of the Parties hereto, including their Affiliates, Subsidiaries, Stockholders, Partners, Co-Ventures, Trading Partners, and Other Associated Persons, Companies and Organizations (herein after referred to as Affiliates).

Now therefore in consideration of the mutual promises, assertions and covenants herein and other good and valuable considerations, the receipts of which is acknowledged hereby, the Parties hereby agree this Sale and Purchase Procedures as follows :

I. TERMS AND CONDITIONS:

1. The Parties will not in any manner, solicit, nor accept any business in any manner from Sources nor their Affiliates, which Sources were made available through this agreement, without the express permission of the Party who made available the Source and,

2. The Parties will maintain complete confidentiality regarding each other’s Business Sources and/or their Affiliates and will disclose such Business Sources only to named Parties pursuant to the express written permission of the Party who made available the Source; and

3. That they will not in any of the transactions the Parties are desirous of entering into and do, to the best of their abilities assure that the transaction codes established will not be affected and

4. That they will not disclose names, addresses, email address, phone and fax or telex numbers to any contacts by either Party to third Parties and that they each recognize such contracts as the exclusive property of the respective Parties and that they will not enter into any direct negotiations or transactions with such contracts revealed by the other Party and

5. That they further undertake not to enter into business transaction with Banks, Investors, Sources of Funds or Other Bodies, the names of which have been provided by one of the Parties to this agreement, unless written permission has been obtained from the other Party(ies) to do so. For the sake of this agreement, it does not matter whether information obtained from a natural or a legal Person. The Parties also undertake not to make use of a third Party to circumvent this clause.

6. That in the event of circumvention of this agreement by either Party, directly or indirectly, the circumvented Party shall be entitled to a legal monetary penalty equal to maximum service it should realize from such a transaction plus any and all expenses, including but not limited to all legal costs and expenses incurred to recover the lost revenue.

7. All consideration, benefits, bonuses, participation fees and/or commissions received as a result of the contributions of the Parties in the agreement, relating to any and all transactions will be allocated as mutually agreed.

8. This Agreement is valid for any and all transactions between the Parties herein and shall be governed by the enforceable law in Turkish Courts, in the event of dispute, the arbitration laws of International Chamber of Commerce will apply.

9. This Agreement is valid until express written Confirmation of Cancellation of Related Parties,

10. The Signing Parties hereby accept such selected jurisdictions as the exclusive venue, and the duration of the agreement shall perpetuate for five (5) years from the date hereof.

II. AGREEMENT TO TERMS:

A. Signatures of this Agreement received by the way of facsimile, mail and / or e-mail shall be deemed to be an executed contract. Agreement enforceable and admissible for all purposes as may be necessary under the terms of the agreement.

B. All Signatures hereto acknowledge that they have read the foregoing agreement and by their initials and signature that they have full and complete authority to execute the document for and in the name of the Party for which they have given their signature.

C. By signing above, both Parties acknowledge this agreement as valid and accept other Party's electronic signature as original hand-written signature, and thus enforceable in any court.

ACCEPTED AND AGREED WITHOUT CHANGE.

1^ST PARTY
Signed on Date: (Day, Month, Year)
Signature and Company Seal:
Company Name: Enerjik International Trade and Consulting
Company Address: Polat Caddesi 141 / 2 Akevler - Yesilyurt 35370 IZMIR / TURKEY
Signatory’s Full Name: Muhiddin Cetintepe
Signatory Position: CEO
Telephone No: (+90-232) 244 01 49 - 244 66 68
Facsimile No: (+90-232) 243 98 35
Mobile No: (+90-533) 451 59 56
Web Sites: www.enerjikoil.com and www.enerjikoil.biz and www.enerjikint.com and www.enerjik.biz
E-Mail Addresses: info@enerjikoil.com and info@enerjikoil.biz and info@enerjikint.com and info@enerjik.biz

2^ND PARTY
Signed on Date: (Day, Month, Year)
Signature and Company Seal:
Company Name:
Company Address:
Signatory’s Full Name:
Signatory Position: (Registered Manager only !)
Telephone No:
Facsimile No:
Mobile No:
Web Site:
E-Mail Address/es:

3^RD PARTY (if required)
Signed on Date: (Day, Month, Year)
Signature and Company Seal:
Company Name:
Company Address:
Signatory’s Full Name:
Signatory Position: (Registered Manager only !)
Telephone No:
Facsimile No:
Mobile No:
Web Site:
E-Mail Address/es:

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