Brokerage FOSFA 95 Terms
Brokerage FOSFA 95
FOSFA 95 CONTRACT FOR BROKERAGE. Revised and Effective from 1st September 2008. Reference Nos
BROKERS: PRINCIPAL: Date
A contract has today been concluded on behalf of the named Principal for the sale/purchase of ___ of ___ subject to the terms and conditions of FOSFA International Contract No. __ in consideration for which the Principal has agreed to pay to the Broker/s a commission at a rate of ___ per ___ .
1. COMMISSION EARNED: Except as provided for below, the commission is deemed to have been earned on the date of contract and shall become due on the date/s hereinafter prescribed irrespective of whether the contract in question has been duly fulfilled, in whole or in part.