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NCND

This document is a non-circumvention and non-disclosure agreement between two parties. The agreement states that the parties will maintain confidentiality regarding each other's business sources and contacts. They also agree not to conduct business with sources provided by the other party without written permission. If either party circumvents the agreement, the circumvented party can claim legal damages including lost revenue and legal costs. The agreement is valid for transactions between the parties for a set number of years and is governed by the laws of a specified country.

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Dnieper Trade
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262 views2 pages

NCND

This document is a non-circumvention and non-disclosure agreement between two parties. The agreement states that the parties will maintain confidentiality regarding each other's business sources and contacts. They also agree not to conduct business with sources provided by the other party without written permission. If either party circumvents the agreement, the circumvented party can claim legal damages including lost revenue and legal costs. The agreement is valid for transactions between the parties for a set number of years and is governed by the laws of a specified country.

Uploaded by

Dnieper Trade
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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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 confidentially 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 hereby
agree as follows:

TERMS AND CONDITIONS


The parties will not in any manner, solicit, nor accept any business in any manner from sources not their
Affiliates, which sources were made available through this agreement, without the express permission of
the party who made available the source and, The parties will maintain complete confidentiality regarding
each other business sources and/or their Affiliates and will disclose such business sources only to name d
parties pursuant to the express written permission of this party who made available the source; and, 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 and, That they
will not disclose names, addresses, email address, telephone 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 contracts with such contacts revealed by the other
party and, 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(ie) to do so. For the sake
of this agreement, it does not matter whether information's obtained from a natural or a legal person.
The parties also undertake not to make use of a third party to circumvent this clause.
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.
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.

This agreement is valid for any and all transactions between the parties herein and shall be governed by
the enforceable law of the__________ _ ( Name of Country )in the courts of____________ _ ( Name of
Country ).
The signing parties hereby accept such selected jurisdiction as the exclusive venue. The duration of the
Agreement shall perpetuate for_____years from the date hereof.
Participants Initials:

1. __ ______ 2.__________
AGREEMENT TO TERMS:
Signatures on this Agreement received by the way of Facsimile, Mail and/or Email 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.
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.

ACCEPTED AND AGREED WITHOUT CHANGE, TOTAL NO. OF PAGES = 2

Signed this on___day of ________ __ _ 20____

Signature: ---------------------------------------- Signature: ----------------------------------------

Name: Name:
Company Name & Address: Company Name & Address:
Tel: Tel:
Fax: Fax:
E-mail: E-mail:

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