Example Of IRREVOCABLE FEE PROTECTION AGREEMENT

Here I show you some examples of document which use in funding agreement, CMIIW.... IRREVOCABLE FEE PROTECTION AGREEMENT Reference : Number :……(number of letter)…… Initial Participation :….(value of fund)…./ (…%) Intermediaries Fee :…..(value of percentage above)…. Client Company :…..(name of user’s company)…. Client Name :…..(name of user)… Reference Code :…….. Agreement Date :…….. Recital : Whereas …..(intermediary’s name)….,KTP number….., as agent for Mr….(name of user) the participant and beneficiary of the above of the reference contract has negotiated a percentage participation in they yield of the above transaction of ….percent (…%) of the yield to be paid to…..…..(intermediary’s name)….from the said transaction. The percentage is to be paid to….(intermediary’s name)…., the coordinate of which will be attached hereof and is already include in the contract reference, above. The payment to ….…..(intermediary’s name)…is made as paymaster and allows for the payment of fees to others as well as this payment of …….percent (…%) .... …..(intermediary’s name)….shall receive payment less statutory bank fee for transfer as paymaster for the Indonesian Intermediaries and shall ensure no further or other claims for fee shall be made by any of the intermediaries on the yield Mr…..(name of user)…. This agreement is subject to : 1. Proper and acceptable verification of the US$.....(value of fund)….bank instrument issued by Mandiri State/Prime Bank. 2. Proper transfer and assignment of the above instrument to the nominated bank 3. Performance under the above contract by ….(name of funder)…. 4. Provision of suitable and acceptable bank coordinates for receipt of the funds by….…..(intermediary’s name)…. Be advised also that the yield from the proposed transaction will not be available until the expiration of two Calendar Weeks from the receipt of the bank transferred instrument to ….(name of funder)…., and therefore payments will be subject to normal bank processed after that time. Where possible, proof of earnings will be provided to receiving bank together with statement of origin of the funds. The above referenced transaction is a Federal Reserved approved investment program and so verification of origin of funds is provided. However all intermediaries are responsible for their own funds receipt and management and apart from certification bank to bank of funds origin no other assistance will be available. Sign in Jakarta this ….day of …. 2005 Mr….(name of user)….. KTP. No…. Passport No….. Witness By Acknowledge And accepted By Mr………………... KTP….. Mr……................................. KTP No……. On Behalf Of Indonesian Intermediaries Notary : No…………. Has been registered in the list prepared for such purpose by me, ……… ………….Sarjana Hukum, Notary in Jakarta