Consulting Agreement
Consulting Agreement
Consulting Agreement
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Budi Irawan, referred to as the "Supplier", doing business as,PT Universal Farm
Indonesia with principal address Gedung Jaya 9th floor block A02, Jl.MH Thamrin
No.12, Menteng, Jakarta 10340 Indonesia (Tel :+62 878 4357 0141)
When used hereafter, the term "Supplier" shall refer to: PT Universal Farm Indonesia
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Mr. Hafiz Afifi, referred to as the "Consultant", doing business as, TOG Venture
(Trans Ocean Global Venture), with a principal address atB-5-8 Plaza Mont Kiara,
Mont Kiara, 50480 Kuala Lumpur, Malaysia .
When used hereafter, the term "Consultant" shall refer to: TOG Venture.
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A. THE PARTIES HERETO desire to enter into an agreement for the purpose of
arranging suitable Buyer(s) for the Supplier's product line(s).
B. THE PARTIES AGREE that this document is binding on the Parties hereto, including
their principals, employees, representatives, agents, assignees, heirs and successors,
and is limited to the terms set forth herein. The Parties also agree that this
document embodies the full and complete agreement of the parties, and no
amendments, alterations, or modifications shall be effective or binding upon the
Parties hereto.
C. THE PARTIES FURTHER AGREE that this Agreement shall be terminated only by a
written amendment attached to this agreement, signed by all Parties hereto or their
heirs, successors or assignees. On termination of the Agreement, payment will be
made only in respect of orders finalized or closed on or before the termination date
and which are subsequently completed and paid for. Save for any special payments
the aforesaid shall represent the sole remuneration to be receivable by the
Consultant who will bear his own operational costs and expenses.
All orders including repeat orders - Consulting Fee of usd 5/MT of the invoice price
of all goods sold to the Buyer or Buyers sourced by the Consultant. This is applicable
as long as the Buyer is/ Buyers are still buying the goods from the Supplier.
The Supplier further warrants and promises to make the payment to the Consultant
via a Telegraphic Transfer into the Consultant‘s banking account within THREE(3)
business days after receiving the full payment from the Buyer/Buyers.
Furthermore, the Supplier and Consultant irrevocably agree that they shall not
disclose or otherwise reveal any confidential information provided by one party to
the other, particularly non disclosure of contract terms, confidential product
information, propriety or confidential manufacturing processes, confidential product
pricing schedules, commission rates and fees, contact details or financing
arrangements.
BY THEIR SIGNATURES below, the signing Parties agree that they are duly
empowered by their respectively named companies to bind them to the
commitments and obligations contained herein.
Supplier to be known as :
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Printed Name :
Date :
Consultant to be known as :
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