Note: Bill of lading and find final Metric Ton quantities per each shipment, implies commission payment value to which such values applied to this “IPG” is said to be firm and applied to represent an average commission rate regardless of actual shipment quantities being delivered in where such quantities do no rise above 10% or fall by 10% of said average quantities. In the event of such averages being breached for any shipment being successfully delivered, the applicant agrees to accept any underage paid by the guarantor, or return any overage in said commission payment rate, once advised to do so by the guarantor.
The “PI” issues, collects and returns his Principal an “IPG” for all others involved in the same transaction applying the same transaction code, with the commission rate apparent at the same time when the “PI” surrenders his own “IPG” to his Principal
THE COMMISSION PAYEE AND “GUARANTOR” IS DEFINED AS:
Hereby throughout this IPG is also defined as “The Principal”
Davide Papa CEO of FTN Exporting
P.O BOX 468 Carlton North 3054 Melbourne Australia
Hereby also defined as the “Buyer”, “Seller”, “Principal”, Guarantor-
Guarantor is a legally Registered Business Entity: Yes ( X ) No ( )
(If “No” other forms of statutory forms of identification will be required)
Government Business Registration Number: B2144654K
Government Registering Body : Department of Justice, Melbourne Australia.
SERVICE OR GOODS BEING OFFERED BY THE ABOVE “BENEFICIARY”
(Mark one only with “X”)
( ) Disclosure of a Verifiable “Suppliers” via “Offer to Sell” form (OTS)
( ) Disclosure of a Verifiable End Buyer “Request for a Quote” to buy (RFQ)
IN RETURN FOR PROVIDING SERVICE TO THE “GUARANTOR”;
For assisting the said Principal, until failure or success being recorded for the transaction being attempted the Guarantor will collect , secure and pay out to the said each beneficiary holding a signed IPG a monetary commission value upon success of the said transaction involving the said beneficiary(ies) upon the nature of business implied in support of such an IPG issuance, comes to a final and fruitful successful conclusion. This “IPG” is irrevocably provided on said understanding, among others.
The said Principal and Guarantor is the Buyer and or Seller of exportable commodities world wide, often requiring the assistance of unsolicited or solicited single private individuals, or grouped entities of such, to provide confidential information which could assist the said principal to make sales and profits due to such assistance being provided.
Assistance in the nature of business being implied and latter applied means information disclosing a “Supplier in possession of goods”, or “End Buyer” talking possession of and paying of goods as per such goods being sold by the said principal acting in the intermediate position of a agency defined in the united combined form as a “Buyer/Seller”.
In where; should such information provided and disclosed, actually lead to the closure of a deal in where gains have been made by the said Guarantor, then for such assistance the said Buyer/Seller” shall Irrevocably guarantee a portion from such gains for the immediate benefit of the named beneficiary as defined on this an each corresponding IPG carrying the same transaction code, assisting with the closing of such a transaction. If no other IPG is advised after first deliver in a revolving transaction Seller has option from second delivery onwards to directly deposit via SWIFT all revolving payment as such fall due.
The said beneficiary define d as the “PI” on any “IPG” shall be privy to the whole nature of transaction being applied. The “PI” shall continually advise and update all other sourcing intermediaries (SI) involved in the same associated linked “IPG”
The said ‘PI” must obtain a IPG form all who have stepped back to the “PI” in assisting such upon the transaction being attempted. Such are defined to be Sourcing intermediaries (SI) > Such Sourcing intermediaries are then also protected in all matters of IPG application by said Guarantor.
This IPG a is not Transferable and is made to favour the each named Beneficiary.
PG must no be disclosed to anyone else not associated within the group. This IPG form can only be used when dealing with a Principal who has prior agreed to be bound by URPIB rules of trade. No permission to breach Copyright is given or implied and that the “IPG” can only be used in a trading situation as stated, at the time such a transaction is being plied can cam only be issued by the Guarantor.
Should the applicant, any “SI” or the said “PI” act in any way as to imply dishonourable conduct, including a failure to declare others who should have been part of the commission payment , then the said guarantor, has the implicit right to avoid the payment of commission unconditionally and without notice to any person conducting such wilful acts of dishonourable intent and or misconduct.
BENEFICIARY DETAILS:
Full Legal Name, contact details and Postal Address
NAME:
POSTAL ADDRESS:
PHONE:
FACSIMILE:
WEB SITE (IF ANY):
NAME OF BANK AND COUNTRY ACCEPTING COMMISSION SLC-
BANK NAME :
COUNTRY:
NAME OF AUTHORISED PERSON ALLOWED TO ACT ON BEHALF OF THE BENEFICIARY
(In case of sickness, or serious accident )
Name:
Authorised person’s E-mail address:
Relationship to the said Beneficiary:
10.0: BENEFICIARY DECLARATION:
I, the below defined said, Applicant and beneficiary as disclosed on this “IPG” shall act only upon the instructions as advised by my principal on the nature of business being applied at all times. I also agree not to attempt to collect commission twice or more times or on both sides of the deal being contemplated. I the said applicant agree to abide by in house intermediary rules of trade as defined under the acronym “URPIB” as created by the expert entity defined as FTN exporting, as per such rules found on www.itsi.itgo.com. Furthermore; I the said applicant also agree to, and understand the following;
The applicant or “PI” must inform to their principal anything detrimental to the transaction being applied , once such is discovered immediately, and that the applicant must act with good and honourable intent at all times when dealing with said principal, and when advising other involved in the same transaction. The amount of commission and rate as offered under URPIB is final, once advised.
The return of the “IPG” with the said document disclosing the Supplier or End buyer defines acceptance of the said commission rate. After the SLC has been collect upon , all beneficiaries shall be required to contribute to a Humanitarian Cause a advised in URPIB . All fee’s and charges for collection on the SLC as the expense and account of of the beneficiary. This “IPG” is irrevocably issued and is to remain active which the transaction being applied is also active. I the said applicant and beneficiary give no permission to the said Principal to use the information provided should the transaction fail and that URPIB rules shall dictate matters of such accordingly.
12.0: SIGNED BY HAND THE BENEFICIARY
( For later Verification Purposes )
Print Name :
Signed:
Dated:
Seal (if any)
SELLERS DECLARATION: CONFIRMING IPG ISSUANCE
Provisional IPG issued by the named Seller with good and honourable intent is hereby confirmed. Seller will confirm for verification purposes only to any named person receiving this IPG via ftn_smice@bigpond.com , that such is a genuine FTN Exporting / SMICE IPG issuance .
Print Name :Davide Papa
Dated: 22nd June 2010
Seal:
PART (2)RETUNED ONCE CONTRACT IS RETURNED AS FINAL;AS PER OFFER.
13.0: GUARANTORS DECLARATION AN ACCEPTANCE OF IPG
I, XXXXXXXXXX XXXXXXXXX of XXXXXXXXXXXXXXXXXX, defined as private or corporate entity carrying on business as a International Trade Intermediary do here promise and personally Guarantee to the person named on this and supporting IPG to secure and protect all interests in the nature of business being applied , based upon the following advice contained in this IPG , with good and honourable intent-
and that;
The named said Principal Guarantor hereby Guarantees to secure the said defined “SI” or “PI” , or any other defined applicant, commission at a rate disclosed , and pay out as such with the issuance of a financial instrument defined as a Corporate “UCP600” formatted Stand by letter of Credit , as per the instruction applied on the credit in accordance of its terms and conditions .
The Guarantor has provided a copy of the said financial instrument to be issued to favour each beneficiary .
The said issuance of the Standby credit shall be advised via E-mail and hard copy at a time when in where payment for the purchase of goods supports and has been advised from the End Buyer to the Seller. Advised from the principal to each Beneficiary. Each intermediary is allowed to deposit such a financial instruments and shall be allowed to collect upon such, within 7 days or more of such delivery obligation being met , in where the transaction has been identified as closing successfully, upon the time when the nature of business has concluded successfully . This IPG and said latter issued standby credit is for payment of commission earned only upon the deal being initiated successfully closed to profitable conclusion- in where failure of the transaction to successfully close or any part thereof; shall not bear that any payment is due to the said beneficiary is once more stipulated accordingly.
Hard copy of the SLC shall be mailed by courier to each beneficiary within 3 days; only after Financial Instrument supporting the SLC issuance has been secured by the seller .
Acceptance by: (Print name)
Hand applied Signature
Seal
Date:
PART (3) ISSUED ONCE FUNDS HAVE BEEN ACCEPTED TO GIVE SUPPORT TO THIS SLC ISSUANCE:
FTN in house rules of trade applies (URPIB) in settling of disputes-
End: Any marks or changes applied cancels this Pay Order
(2)FACSIMILE AND OR ELECTRONIC DATA TRANSMISSION SLC IS THE RULING CREDIT.
(3)CREDIT TO BE AUTHENTICATED FROM BENEFICIARY BANK TO APPLICANT’S ADVISING BANK HOLDING THE ORIGINAL LETTER OF CREDIT AT COST OF THE BENEFICIARY. AUTHENTICATED FROM THE SUPPORTING CREDIT HELD IN THE ACCOUNT OF FTN EXPORTING.
(4) AS ADVISED FROM THE ISSUING BANK. MUST BE PAID INTO THE BANK ACCOUNT OF THE BENEFICIARY.
(5) CREDIT TO BEAR STAMP AND SIGNATURE OF FTN EXPORTING AND BE SIGNED D.A.G.PAPA OR SECONDARY ACCOUNT SIGNATORY L.PAPA
(6)ELECTRONICALLY ADVISED DOCUMENTARY STANDBY BY CREDIT IS INEFFECTIVE. AIRMAIL ORIGINAL HARD COPY SLC REQUIRED FOR COLLECTION.
Charges
ALL BANKING CHARGES OUTSIDE AUSTRALIA ARE FOR THE ACCOUNT OF THE APPLICANT.
Confirmation Instruction
XXXXXXXXXXXXXXXXXXXXXXXX
Reimbursement bank
XXXXXXXXXXXXXXXXXXXXXXXX
SIGNED /SEAL:
**************END OF LETTER OF CREDIT ***************
FTN EXPORTING REFERENCE NUMBER: XXXXXXXX-XXXX
