Non-Circumvention,
Non-Disclosure
& Working Agreement
WHEREAS, the Undersigned wish to enter into this Agreement to define certain
parameters of the future legal obligations, are bond by a duty of Confidence with respect to their sources and contacts. This
duty is in accordance with the International Chamber of Commerce Convention (I.C.C. 500).
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 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 here to mutually
and voluntarily agree as follows:
TERMS AND CONDITIONS:
01. The parties and/or their affiliates of whatsoever nature shall not, in any
shall not in any manner, solicit and/or accept any business from sources that have been made available by and through the
parties hereto, nor in any manner shall access, solicit and/or conduct any transaction with such said sources, without and
specific permission of the party who made such said sources available.
The Parties shall maintain complete confidentiality regarding each other business
and / or their affiliates and shall only disclose knowledge pertaining to these specifically named Parties as permitted by
the concerned party, unless agreed and granted an expressed written Permission of and by the Party whom made the source available.
02. The parties shall not in any way what so ever circumvent each other and
/ or attempt such circumvention of each other and / or any of the parties involved in any of the transactions the parties
wish to enter and to the best and proprietary information established are not altered.
03. The parties shall not disclose any contact revealed by either Party to any
third Parties as they fully recognized such information and contact (s) of the respective Party, and shall not enter into
direct and / or indirect offers, negotiations and / or transaction with such contacts revealed by the other Party who made
the contact (s) available.
04. In the event of circumvention by any of the undersigned Parties, whether
direct and / or indirect, the circumvented Party shall be entitled to a legal monetary compensation equal to the maximum service
it should realize from such a transaction, plus any and all expenses, including any and all legal fees incurred in lieu of
recovery of such compensation.
05. All considerations, benefits, bonuses, participation, fees, and/or export
Profits commissions received as a result of the contributions of the Parties to this and distributed as mutually agreed between
both the Parties concerned specific arrangements, for each transaction shall be made available and/or submitted to the recipient
on the very day due and payable as per each and every transaction, unless otherwise agreed.
06. This agreement is valid for five (5) years from the date of signature, for
any and all transactions between the Parties therein, with renewal to be agreed upon between the signatories. It shall become
effective immediately from the date of signing hereof by all parties.
PARTICIPANTS INITIALS:
1)
2)
07. It is further agreed that any controversy, claims, and or dispute arising
out and/or relating to any part of the whole of this agreement or breach thereof and which is not settled between the signatories
themselves, shall be settled and binding by and trough arbitration in accordance with the rules and through the institution
of the International Chamber of Commerce. Any decision and/or award made by the arbitrators shall be final, conclusive and
binding for the parties and enforceable law in the country of choice of an award by the arbitrators. In the event of dispute
the English language shall prevail. If no agreement has been reached on country of Arbitration, the Arbitration shall be conducted
in Zurich/Switzerland under Swiss Law.
08. This Agreement shall be legally binding upon the Parties hereto their respective
heirs, administrators, executors, their successors and assigns for:
a) The non-circumvention damages, i.e. the total commissions, fees, or profits
which would have been due, and;
b) All loss sustained by the non defaulting party by reason of such breach,
and;
c) All expenses incurred in enforcing any legal remedy rights based upon or
arising out of this Agreement.
09. Signature of this agreement shall be deemed to be an executed agreement
enforceable and admissible for all purposes as may be necessary under the terms of this agreement. Signatures on this agreement
received by the way of Facsimile, Mail and/or Email shall be deemed and executed contract.
10. Both signatories hereto acknowledge that they have read and each Party fully
understands the terms and conditions contained in this Agreement and by their initial and signature hereby unconditionally
agree to its terms as of the date noted herein.
11. The purpose of this instrument is to establish an internationally recognized
Non-Circumvention Non-Disclosure, and working Agreement between the participating Parties. This and future transactions shall
be conducted under the guidelines of the International Chamber of Commerce.
This agreement may be signed in one or more counterparts and the Parties agree
that facsimile/email copies of this Agreement to be considered as a legal original and signatures thereon shall be legal and
binding agreement.
ACCEPTED
AND SIGNED WITHOUT CHANGE
FIRST PARTY
Signature & Official Seal / Stamp:
Signed on: --- /---/2005
SIGNATORY FULL NAME:
SIGNATORY DESIGNATION:
NATIONALITY:
PASSPORT N0:
COMPANY: MEMORTO ENTERPRISE
ADDRESS:
TEL:
FAX
CELL:
E-Mail: memorto_enterprise@yahoo.com
Web :
SECOND PARTY
Signature & Official Seal/Stamp:
Signed on: --- /---/2005
SIGNATORY FULL NAME:
SIGNATORY DESIGNATION:
NATIONALITY:
PASSPORT
N0:
COMPANY:
ADDRESS:
Tel:
Cell:
E-Mail:
Web:
End of contract