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International Chamber of Commerce Non-Circumvention, Non-Disclosure & Working Agreement (Ncnda)

This document is a non-circumvention, non-disclosure, and working agreement between a buyer and seller. It outlines the buyer and seller codes, product details like origin and quantity, payment terms, and mandates of both parties. The agreement prohibits the circumvention of sources and contacts, ensures confidentiality, and allocates benefits and commissions from transactions between the parties. It is valid for five years and disputes will be settled in Commonwealth, EU, or Swiss courts under the arbitration laws of those states.

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Chandan Jst
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230 views4 pages

International Chamber of Commerce Non-Circumvention, Non-Disclosure & Working Agreement (Ncnda)

This document is a non-circumvention, non-disclosure, and working agreement between a buyer and seller. It outlines the buyer and seller codes, product details like origin and quantity, payment terms, and mandates of both parties. The agreement prohibits the circumvention of sources and contacts, ensures confidentiality, and allocates benefits and commissions from transactions between the parties. It is valid for five years and disputes will be settled in Commonwealth, EU, or Swiss courts under the arbitration laws of those states.

Uploaded by

Chandan Jst
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 4

SELLER CONTRACT:

BUYER CODE:
PRICE: $XX/$XX
DATE: 2012

INTERNATIONAL CHAMBER OF COMMERCE (I.C.C 400/500/600)


http://www.iccwbo.org/
NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT (NCNDA)
CONFIDENTIALITY AGREEMENT
BY AND BETWEEN: . and the following parties signing this agreement.
DATED: (TODAY’S DATE), 2017

CONTRACT CODE :

SELLER’S TRANSACTION CODE :

SELLER’S CODE :
BUYER’S CODE :

TYPE OF CONTRACT :

PRICE :

PRODUCT ORIGIN :
CONTRACT QUANTITY :
CONTRACT PERIOD :
PAYMENT TERM :
SELLER’S NAME :
SELLER’S SIDE MANDATE :
BUYER’S NAME :
BUYER’S SIDE MANDATE :
CONTRACT RELEASED DATE :

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

NCND
Page 1 of 4
SELLER CONTRACT:
BUYER CODE:
PRICE: $XX/$XX
DATE: 2012

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
F. 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. 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, USA Courts, or under Swiss Law in Zurich, in the event of dispute, the
arbitration laws of states 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.

3. ACCEPTED AND AGREED WITHOUT CHANGE


Electronic signature is valid and accepted as hand signature
BUYER SELLER
Printed Individual Name: Printed Individual Name:
Designation: Designation:
Company Name: Company Name:
Address: Address:
City:
State: City:
Country: State:
ZIP Code: Country:
Tel: Tel:
Fax: Fax:
Mobile: Mobile
e-mail: e-mail :
Passport No.: Passport No.:
Date & Time: Date & Time:

Sign / Seal: Sign / Seal:

All parties signing this NCND will be the same to be


included on the IMFPA

NCND
Page 2 of 4
SELLER CONTRACT:
BUYER CODE:
PRICE: $XX/$XX
DATE: 2012

Buyers’ Mandate Seller’s Mandate


Printed Individual Name: Printed Individual Name:
Designation: Designation:
Company Name: Company Name:
Address: Address:
City:
City: State:
State: Country:
Zip code: Tel:
Country: USA Fax:
Tel: Mobile
Fax: e-mail :
Mobile Passport No.:
e-mail : Date & Time:
Passport No.:
Date & Time: Sign / Seal:
Sign / Seal:

Buyers’ Intermediary
Printed Individual Name:
Company Name:
Designation:
Address:

City:
State:
Country:
Tel:
Fax:
Mobile:
e-mail:
Passport No.:
Date & Time:
Sign / Seal:

Buyers’ Intermediary
Printed Individual Name:
Company Name:
Designation:
Address:

NCND
Page 3 of 4
SELLER CONTRACT:
BUYER CODE:
PRICE: $XX/$XX
DATE: 2012

City:
State:
Country:
Tel:
Fax:
Mobile:
e-mail:
Passport No.:
Date & Time:
Sign / Seal:

EDT ( Electronic document transmissions )


EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect of any provisions of this Contract.   As
applicable, this agreement shall be:-
1- Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global and National Commerce Act’’ or such other
applicable law conforming to the UNCITRAL Model Law on Electronic Signatures (2001) and
2- ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted by the United Nations Centre
for Trade Facilitation and Electronic Business (UN/CEFACT). 
3- EDT documents shall be subject to European Community Directive No. 95/46/EEC, as applicable.  Either Party may
request hard copy of any document that has been previously transmitted by electronic means provided however, that any
such request shall in no manner delay the parties from performing their respective obligations and duties under EDT
instruments.

NCND
Page 4 of 4

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