Non-Circumvention, Non-Disclosure and Working Agreement
Non-Circumvention, Non-Disclosure and Working Agreement
Non-Circumvention, Non-Disclosure and Working Agreement
Whereas the Undersigned Parties wish to enter into this agreement to define certain
parameters of their future legal obligations, and considering their mutual promise herein
and other good and valuable considerations the receipt of which is acknowledged hereby,
the Parties here to mutually and voluntarily agree as follows:
1. The parties hereto and/or their affiliates, which includes, but is not limited to, any licensors,
contractors, suppliers, manufacturers, producers, wholesalers, retailers, customers, clients,
financial sources, representatives, agents or consultants, of what-so-ever nature 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, contact solicit and/or conduct
any transaction with such said sources, without the expressed and specific permission of the
party who made such said sources available.
The Parties shall maintain complete confidentiality regarding each other's 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 who made the source available.
2. The Parties shall not in any way whatsoever 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 of their abilities shall ensure that the original transaction
codes, data and proprietary information established are not altered.
3. The Parties shall not disclose any contact revealed by either Party to any third Parties as they
fully recognize 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.
4. 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 the recovery of such compensation.
7. It is further agreed that any controversy, claims, and or dispute arising out of 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 through 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
in the Court of Law in the Country of choice of an award by the arbitrators.
8. This Agreement shall be binding upon the Parties hereto and in the case of individual parties,
their respective heirs, administrators and executors and in the case of all corporate Parties,
their successors and assigns
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.
10. All signatories hereto acknowledge that they have read and each Party fully understands the
terms and conditions contained in this Agreement and by their initials and signature hereby
unconditionally agree to its terms as of the date noted herein.
This agreement may be signed in one or more counterparts and the Parties agree that electronic
or facsimile copies of this Agreement to be considered as a legal original and signatures thereon
shall be legal and binding.
Signature/seal/passport:
3)
4)
Full Name/ Title:
Corporation:
Address:
Tel/ Mobile
E-mail address:
Passport Number:
End Supplier Details:
Signature/seal/passport:
5)
Full Name/ Title:
Corporation:
Address:
Tel/ Mobile
E-mail address:
Passport Number:
End Supplier Details:
Signature/seal/passport:
6)