Irrevocable
Fee Payment Agreement (IFPA) with NCND Clause (IFPA
By Seller / Buyer)
Beneficiary: Mr. Muhiddin Cetintepe
1. We, (company name), under penalty of perjury
and full corporate responsibility, so deem this is a
legal and binding Irrevocable Fee Payment Agreement
for services rendered in brokerage for selling / purchasing
of the product (stated in clause 2 below), and pursuant
to a successful transaction between the Buyer and
the Seller (stated in clause 2 below), will disburse
the fee (stated in clause 2 below) upon each and
every transaction settlement thereof within five (5)
banking / working days upon payment / product is received
from the Buyer / Seller.
2. Product:
Quantity:
Fee Payable:
3. The fee shall be paid via direct S.W.I.F.T.
transfer, to the beneficiary banking account, namely
:
Beneficiary: Mr. Muhiddin Cetintepe
Bank Name:
Bank Address:
Account Nr.:
Routing Code:
Swift Code:
4. We, or our assigns, further
irrevocably undertake to make the payment in full to the above
stated sole Beneficiary.
5. Fee will be transmitted out
of the payer's bank free of all charges, liens, taxes
or encumbrance of any kind charges that effect the transfer
of said funds to the above named Beneficiary and / or
assigns for the above referenced codes.
6. This document embodies all
the terms and condition agreed upon between the parties
hereto and supersedes and cancels in all respects all
previous representation warranties, promises, agreements
and undertakings (if any) between the parties hereto
whether such be written or oral and no amendment
or other variation of this document shall be binding
unless the same is duly effected by an instrument in
writing signed by both the parties hereto.
7. PDF/JPG version or Fax copy
or hard copy of this agreement is considered and deemed
as original, valid, legally binding and enforceable
to all parties hereto.
8. This Pay Order is irrevocable
and shall be governed by Turkish law. All possible disputes
between parties in this particular Irrevocable Fee Protection
Agreement will be settled at the tribunals in Turkey,
in the event of dispute, the
arbitration laws of International Chamber of Commerce
will apply.
All parties hereto agree not to circumvent
any or the parties in this transaction or any future
transactions for a period of (5) five years from the
date of the last tranche under the above mentioned transaction,
and shall apply to any following transaction or new
agreement between the parties.
Agreed and accepted, on Date:
(Day, Month,
Year) By Seller /
Buyer: Signature: Company Name: Position: Seal:
Agreed and accepted, on Date:
(Day, Month,
Year) By Beneficiary: Mr. Muhiddin Cetintepe
Signature: Company Name: Enerjik International Trade
& Consulting Position: CEO Seal:
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