MODELO IMFPA

Irrevocable Master Fee Protection Agreement IMFPA

Date: 00.00.2008“Considered as an integral part of the contract between Paymaster and Buyer below named “

SELLER’S NAME :REPRESENTED BY:BUYERS’ NAME :REPRESENTED BY:COMMODITY :CONTRACT QTY :CONTRACT CODE :TERM :FINAL BUY PRICE ACCEPTED BY THE BUYER :TOTAL FEE :

Whereas the total fee, to ____ usd USD per Metric Ton (MT) delivered by the Paymaster tobeneficiary .We, the Paymaster, pay, in US dollars, through out a partial transfer of ___ usd USD per metricton of the letters of credit received by one other Buyer. Beneficiary is: .We, the Paymaster, irrevocably confirm that we will order to our bank the partial transfer of letter of credit to endorse payment orders to the Facilitators named below; furthermore, we, thePaymaster, confirm that all pay orders shall automatically transfer funds as directed into eachFacilitator designated bank account .It is understood that for the purposes of this Master Fee Protection Agreement, our bank shallbe the same bank and this MFPA acts as an integral part of it.We the undersigned being Buyer or the Buyer’s named legally authorized representative asstated within the signed and legally binding main transaction, contract unconditionally agree andundertake to approve and originate all payments in USD currency to the beneficiary namedbelow as their rightful and payable commissions. This agreement also acts as a recordconfirming the commission amounts for total named beneficiary as set out below.

TERM & CONDITIONS

This master fee protection agreement covers the initial contract and shall