Protection of the commission or referral fee due to the Intermediary is a crucial element in a business deal for the one who has arranged it by employing his efforts, time and expertise in finding suitable business alliance and for ensuring fair play leading to advantages and profits for all involved in the transaction. The object of an Irrevocable Master Fee Protection Agreement is to help protect the interests of the Intermediary in a transaction like that.
Kentucky Irrevocable Master Fee Protection Agreement and Non-Circumvention NonDisclosure Agreement
Category:
State:
Multi-State
Control #:
US-01828BG
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Irrevocable Master Fee Protection Agreement And Non-Circumvention NonDisclosure Agreement?
It is feasible to spend hours online trying to locate the authentic document template that meets the state and federal requirements you need.
US Legal Forms offers a vast collection of legal forms that can be examined by professionals.
You can easily obtain or print the Kentucky Irrevocable Master Fee Protection Agreement and Non-Circumvention Non-Disclosure Agreement from our service.
First, ensure you have selected the correct document template for your chosen state/city. Review the form description to verify you have selected the right form. If available, use the Preview button to check the document template as well.
- If you already have a US Legal Forms account, you may Log In and click on the Obtain button.
- Subsequently, you may fill out, edit, print, or sign the Kentucky Irrevocable Master Fee Protection Agreement and Non-Circumvention Non-Disclosure Agreement.
- Each legal document template you download is yours permanently.
- To obtain another copy of the purchased form, visit the My documents tab and click on the relevant button.
- If you are using the US Legal Forms website for the first time, follow the straightforward instructions below.
Form popularity
FAQ
An Irrevocable Fee Protection Agreement (IFPA) is generally applied to an over-the-counter commodity transaction. It is an irrevocable and binding legal agreement between a buyer, a seller and a business broker.
A paymaster is a neutral third-party that acts as an escrow, receiving funds for the transactions between two separate entities or businesses. The escrow account holds the money as the parties complete their agreements, releasing the amount to the seller upon request.
Entrepreneurs in international commodity trading, especially bulk commodities, come across documents like NCNDA (non circumvention non disclosure agreement), IMFPA (International master fee protection agreement) and other such documents, well sorry to burst your bubble, not all but most of these documents that you sign
Sub-Fee Coverage (Amount Received By Paymaster): This sub-fee protection agreement (SFPA) is issued on behalf of the paymaster named above (the Paymaster). Payments by the Paymaster to the Beneficiaries (the Payments) will be made after each arrival of funds on behalf of the Beneficiaries to the Paymaster.
An NCNDA is used when a business needs to keep intellectual property and other confidential information secure in the early stages of a business venture arranged by brokers or intermediaries.
IMFPA means Irrevocable Master Fee Protection Agreement.
Irrevocable Master Fee Protection Agreement (IMFPA).
An Irrevocable Fee Protection Agreement (IFPA) is generally applied to an over-the-counter commodity transaction. It is an irrevocable and binding legal agreement between a buyer, a seller and a business broker.
Type of contract frequently requested by brokers or intermediaries under which buyers agree to refrain from going around the broker to deal directly with suppliers.
Our fees for paymaster services: Initial non-refundable set-up fee: $500.00 U.S.D. Transactions over $50,000,000.00: 1% Transactions from $25,000,000.00 to $50,000,000.00: 1.5%
