DATE: MARCH 2014

(Company")
[

(Agent ")

AGENT AGREEMENT

]
]

DATE: MARCH 2014

PARTIES:(1)

] of [

(2)

(the Agent ")

(the Company")

]
INTRODUCTION
The Company wishes to promote its business outside of Ghana and the Agent has will introduce
contacts around the world.
THE PARTIES AGREE as follows:
1.

APPOINTMENT

1.1

The Company appoints the Agent in relation to its business outside of Ghana on the terms
set out below.

1.2

The Company will provide the Agent with details of its products, price lists and other
information relevant to this Agreement.

2.

DUTIES OF AGENT
The Agent will endeavour to introduce the Company to potential customers for the
purchase of the Company's gold products.

3.

COMMISSION

3.1

The Company will pay the Agent one thousand dollars ($1000) from one kilogram (1kg)
of gold valued at thirty four thousand dollars ($34,000) or 2.94% of all gold sales from
the Company to customers who are introduced to the Company by the Agent.

3.2

Payment of commission will be made by the Company to the Agent on the day of each
payment in respect of a sale to which the commission relates is received by the Company
from its customer. Payment of commission will be made direct by the customer to the
Agents bank account.
All payments of commission will be in US Dollar [US$].

3.3

4.

DURATION

4.1

This Agreement commences on signature date and continues until either the Company or
the Agent gives notice of termination to the other as per this contract.

4.2

The Company cannot terminate this Agents contract while still selling gold to the
customer introduced by the Agent.

4.3

Regardless of the date of termination, the Agent will be entitled to commission on all
sales made before the termination date and on sales made within 12 months after the
termination date where the customer was introduced to the Company by the Agent before
the termination date.

5.

CONFIDENTIALITY
Both the Company and the Agent will keep the terms of this Agreement strictly
confidential and will not disclose them to any third party. This confidentiality
undertaking will continue after termination of the Agreement.

6.

MISCELLANEOUS

6.1

Notices: All notices shall be in writing and sent by registered mail or delivered by hand
or by facsimile or by email to the address of the recipient shown in this Agreement (or
any new address of which notice has been given under this clause). Notice sent by mail
shall be treated as delivered 2 working days after it is posted. Notice delivered by hand
or facsimile or by email shall be treated as delivered on the date of delivery unless that
day is not a working day of the recipient, in which case delivery shall be treated as
occurring on the next working day.

6.2

Language: The ruling language of this Agreement is English.

6.3

Entire Agreement: This Agreement contains the entire agreement between the
Company and the Agent and supersedes all previous agreements, correspondence and
understandings between them.

7.

LAW & DISPUTES

7.1

This Agreement is governed by the laws of England.

7.2

Any dispute which cannot be resolved amicably between the parties will be finally
resolved by arbitration before a single arbitrator appointed by agreement between the
Company and the Agent. If they cannot agree, the arbitrator will be nominated by the
International Chamber of Commerce in Paris and the arbitration shall be conducted in
accordance with the rules of Conciliation and Arbitration of the International Chamber of
Commerce. The place of arbitration will be London.

7.3

Any arbitration award shall be enforceable in any court having jurisdiction.

SIGNED by a duly authorised representative of the Company and by the Agent on the date
specified below.

SIGNED by :
for and on behalf of the Company
in the presence of:

)
)
)

Date:

SIGNED by :
the Agent

in the presence of:

)
)
)
)
)
)

Date: