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COMMISSIONAGREEMENTPartyA:RUMITINTERNATIONALAdd:Mumbai,IndiaTel:0091-22-61418100Bankname:SYNDICATEBANKBeneficiary:RUMITINTERNATIONALSwiftCode:SYNBINBB038PartyB:CHONGQINGFUYUANCHEMICALCO.,LTD.Add:Yantai,Dianjiang,Chongqing,ChinaTel:+86-2374588722/Fax:+86-2374588722Representedby:DerongWang–DirectorThisirrevocableAgreementisasupplementoncommissionofthesalecontract(referenceNo.1008-01,1112-01.1112-02)betweenRumitinternationalcustomer–AriesDyechem,AriesOrganicsPvt.LtdandHindprakash,andChongqingFuyuanChemicalCO.LtdwhereasPartyAandPartyBshallabidebythefollowingterms:1.Commissionamount:Thetotalamountoncontract(referenceNo.1008-01,1112-01,1112-02)isUSD101,875.00,amongwhichUSD2,625.00(saytwothousandsixhundredtwentyfiveUSdollars)istheirrevocablecommissiontoPartyA.2.Transactionagreement:Duringthetrasaction(referenceNo.1008-01,1112-01,1112-02),PartyBonlycontactsPartyA,andviseverse,PartyBwillcommitnottocontactdirectlythePartyA’sBuyer.3.Commissionremittance:PartyBwilltransferthesaidcommission(USD2,625.00)toPartyA’snominatedbankaccountwithin3workingdaysafterPartyBreceivesnoticefromitsbankthatUSD101,875.00issettleddownbyPartyA’scustomer.4.Workscale:PartyAshallprovidePartyBcorrectcompanycontactsandbankAccountanddealwiththeendbuyeronbehalfofPartyB.Otherwise,PartyBisnotresponsibleforcommissionpayment.5.Bankcharges:AllbankchargesinsideChinawillbepaidbyPartyB,andinsideIndiawillbepaidbyPartyA.6.Arbitration:AnydisputesinconnectionwiththisAgreementtobesettledAmicablyshallbereferredtotheIndiaInternationalArbitrationCenter(IIAC).Thearbitrationfeeandotherchargesshallbebornebythelosingpartyunlessotherwiseagreed.7.FORPARTYAFORPARTYB
本文标题:COMMISSION AGREEMENT
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