Entrepreneurs in the international trade in raw materials, especially mass products, face documents such as NCNDA (Non-Circumvention Non Disclosure Agreement) and IMFPA (International Master Fee Protection Agreement). You will be surprised to learn that most of these documents that you download and sign on the Internet are FAKE! Make sure the agreement includes people and/or entities related to each party. It is always a good idea to include a provision that makes each party accountable for ensuring that its employees, agents and independent contractors comply with the provisions of the NCNDA. Think carefully about how long the NCNDA will run. For example, the term is five years from the date the agreement is signed. You can also choose a date when the confidentiality agreement expires (for example. B when the project is completed). You can also force someone to keep the secret indefinitely, which means that the signatory cannot at any time disclose the confidential information contained in the agreement. Cangem not only helps you sign this real 26-part agreement from ICC NCND, which works as an international trade advisor, but can also help our clients sign “iron” agreements, as mentioned here, along with other legal agreements such as the Joint Enterprise Agreement, the Service Provider Agreement, the Consulting Contract, etc. Find out how Cangem can help you in international trade by visiting this page Other documents that can replace this document can be written locally and sometimes called the Service Provider Agreement or “NCNDA,” but should not contain ICC logos and other ICC proprietary documents (as shown above) and cannot bring ICC arbitration. Is there a real contract backed by an ICC contract or agreement, called NCND? The answer is YES! ICC NCNDA 769E can be signed between an “intermediary” (broker) and a “counterpart” (the entity that pays your commission) either for a specific “third party” for a deal or for several third parties for the duration of the document.
The term can be defined between the two parties who sign the agreement. In the event that the parties choose not to have a business relationship, neither party will be able to use the other party`s information. For this reason, a non-circumvention agreement is almost always signed at the same time as a confidentiality agreement. Not all information can be protected by an NCNDA. For example, if a party has prior knowledge of the information, or if the information is known to all or is accessible to the public in one way or another. I have included below a basic NCNDA as a starting point for your particular circumstances. While the terms may seem simple, it`s worth ignoring the essentials of an NCNDA.