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INTERNATIONAL
CHAMBER OF COMMERCE (I.C.C 400 / 500 / 600)
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 bound by a duty of Confidentiality
with respect to their sources and contacts. This duty is in accordance
with the International Chamber of Commerce.
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 (hereinafter 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 as follows:
1.
TERMS AND CONDITIONS
A. The parties will not in any manner solicit, nor accept any business
in any manner from sources or their affiliates, which sources were made
available through this agreement, without the express permission of the
party who made available the source and,
B. The parties will maintain complete confidentiality regarding each other
business sources and/or their Affiliates and will disclose such business
sources only to the named parties pursuant to the express written permission
of this party who made available the source, and,
C. 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 the other
that the transaction codes established will not be affected.
D. That they will not disclose names, addresses, e-mail address, telephone
and tele-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 they will not enter into any direct negotiations
or transactions with such contracts revealed by the other party and
E. 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 sale of this agreement, it does not matter whether information
obtained from a natural or a legal person.
F. The parties also undertake not to make use of a third party to circumvent
this clause.
G. 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 the 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.
H. All considerations, 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.
I. This Agreement is valid for any and all transaction between the parties
herein and shall be governed by the enforceable law in All Commonwealth
Country's, European Union Country's, Gulf States, Asian Countries, USA
Courts, or under Swiss Law in Zurich, in the event of dispute, the arbitration
laws of Switzerland will apply.
J. The signing parties hereby accept such selected jurisdiction as the
exclusive venue. The duration of the Agreement shall perpetuate for five
(5) years from last date of signing.
2.
AGREEMENT TO TERMS
A. Signatures on this Agreement received by the way of Facsimile, Mail
and/or E-mail shall be an executed contract. Agreement enforceable and
admissible for all purposes as may be necessary under the terms of the
Agreement.
B. All signatories 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.
Signature
....
Signature
3.
ACCEPTED AND AGREED WITHOUT CHANGE
# Original signatures and seal will be accepted ONLY #
1st party: T. Govani
Silicon Precious Metals
481 S. Mathilda Ave
Sunnyvale, Ca 94086 USA
Ph: +14087321900
Fax: +14087321911
Email: info@siliconpreciousmetals.com
Signature/Seal:
2nd Party:
3rd
Party:
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