Top of the day to you . My company is in the process of selling one of its Dredger and the buyer insists that I provide an attorney to supervise the sale and also act as Escrow. You would be representing us (buyer and seller) , that is you concurrently represent each of us individually in connection with this sale . We know there is the possibility that the concurrent representation of both the buyer and seller constitutes a potential conflict of interest. However , we are prepared to sign a conflict waiver agreement as well . Again, we know that there are various ways in which a future conflict of interest could arise. For example, if you receive conflicting instructions from us, where you would be placed in a position in which you could not follow one set of instruction(s) without violating your professional obligation(s) to the other of us. We accept that this situation, if unresolved, could create a conflict of interest which would require you to withdraw from representation and which would require each of us to seek new counsel. Therefore, we will as a condition of your employment that you provide you with a common set of instructions as to the matter at hand, in order to prevent such a potential conflict. Before shipping commences ,we( the seller ) want the attorney to hold any payment deposit sent by the buyer in trust.
Sunday, November 22, 2020
Phisher & Supplies: Aryal A. Raj
In my next mail I would attach necessary details of the Dredger for your review . Please advise me on your retainer fee and forward me your retainer agreement.
The dredger is located in Indonesia. The proposed buyer has inspected it and found it satisfactory . It was inspected by the buyer in August 2020 . The total sale price of the dredger is $2,950,000 USD .We require at least a MINIMUM deposit of $350,000 before we commence shipping the dredger . Shipping and insurance cost has been incorporated into the dredger sale. The proposed buyer and shipping destination is the USA .
Please find details of :
(a) Seller :
JFC Fishing & Supplies ,
Attn: Aryal A. Raj ,
BMR Building ,
Box 2014, Koror, Palau 96940
Tel : +680 488 1693
(b) Buyer :
[Local Buyer Here]
(c) Broker / Financing Company :
Nathan & Liam LLC
Attn : Nathan J. Walsh
2891 SUNRIDGE WAY NE, CALGARY, AB T1Y 7K7
Email: nwalsh@nathanlaim.com
We agree to your handing over of Escrow money to a third party of your choice in case a dispute arises . The buyer through his broker or financing company would foot attorney fee payment and also will pay the monies to be held in the escrowed account.
I look forward to your prompt response.
Regards,
Aryal A. Raj ,
Chief Executive Officer
JFC Fishing & Supplies
BMR Building ,
Box 2014, Koror, Palau 96940
Tel : +680 488 1693
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CONTRACT REPRESENTATIVE DETAILS
ReplyDeleteThank you for your interest in learning about our company and the Representative contract proposal.
PT Krakatau Steel is a n Indonesia company, which specializes in production of steel and other Chemical
product s . In the rapidly changing energy industry. PT Krakatau Steel resolves to be a "No.1 energy
service company ” building and maintaining good relationship with customers, loca l community and
society. We appreciate the word of thankfulness from the customers and change it into our driving forth
to contribute to the society.
In addition to the conventional business lines, we import - export steel product of various kinds, With
the high demand of our products in North America, we look forward to establishing representative
offices and sales centers in both Canada and United States. We are contracting reliable
company/individual (irrespective of the business type) that will stand as an intermediary between
our customers in North America and PT Krakatau Steel pending when the sales centers are
established. Hence, we wish to contract you or your company as our representative in Canada and
United States.
We ar e having difficulties proce ss new purch ase or ders and pending orders from our custo mer s due
to the im pact of th is global pandemi c (Co v id - 19) . Your onus is to assist PT Krakatau Steel to
communicate, establish a good relationship with the customer s you would be assigned to and also
retrieve overdue Invoice from customers in North America Region. We have customers in different
region in North America that have not met with the normal payment schedule of 30 days after
receipt of products delivered in good condition. Based on our research and past experience, we have
discovered that having an Agent in various region in the North America hel p to facilitates business
transactions promptly. As such, we require an Agent on a contract basis who can communicate with
the assigned c ustomer s via email and telephone means.
We have two categories of partnership available, namely;
Individual P artnership: This is for reliable Persons/Individuals.
Corporate Partnership: This is for company owners who wish to register their
company with us to represent our interest.
This representative partnership is independent of career or business type and do es not require
much time or travelling
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COMPENSATION:
Individual Partnership: As compensation for this service, you will be entitled to 5% com mission
of every completed transaction (i.e. 5% of every payment received and processed), plus $3,500
monthly allowance to cover out - of - Pocket expenses such as telephone bill, fax, etc.
Corporate Partnership: As compensation for this service, your compan y will be entitled
to 7% commission of every completed transaction (i.e. 7% of every payment received and
processed), plus $5,000 monthly allowance to cover out - of - pocket expenses.
Note: That the monthly allowance will be paid at the end of each month.
Below is the registration form, you are to complete the form and return to us via email so as
to prepare our company ’s Approval/Engagement Letter for your review and signature.
CONTRACT REGISTRATION FORMS
INDIVIDUAL PARTNERSHIP REGISGTRATION FORM
Ful l Name
Address
Phone/Mobile
Occupation:
Name of Employer
Office Address
Position Held
CORPORATE PARTNERSHIP REGISGTRATION FORM
Company Name:
Address:
Business Type:
Company Registration Number:
Date of Establishment
Contact Person
Telephone/F ax:
Position Held
Cell/Mobile
Upon receipt of the above information, your application shall be processed and we will promptly
advise you.
PT KRAKATAU STEEL
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