COMMISSION SHARE AGREEMENT
THIS AGREEMENT is made the 02/07/2020 between
CLUB ATLÉTICO TELLERES
(“CAT”)
And
ALESSANDRO AGAPIT MASANGU MWETAMINWA FA Registered
Intermediary No. IMS004061
POSITIVA GLOBAL SPORTS LTD POSITIVA GLOBAL SPORTS LTD,20-22
WENLOCK ROAD, LONDON N1 7GU & (“PGS”)
AND
:
Nahuel Martín Ruiz
(‘NMR”)
D.O.B
WHEREAS
1) CAT agrees to provide an agent commission fee equal to 10% of the total gross value
transfer fee for the Sell of NAHUEL LAUTARO BUSTOS payable to PGS in respect to
assisting CLUB ATLÉTICO TELLERES in a successful negotiation of the transfer
(defined below) on the terms and conditions of this Agreement.
IT IS HEREBY AGREED
The following definitions shall apply to this Agreement:
a) “Football Club” means ANY POTENTIAL professional football club
b) “AGENT COMMISSION AGREEMENT”
c) “PGS Share” means (33.3%) AND Maurizio Beni (33.3%)
C1) “NMR Share” means (33.4%)
THE ABOVE PERCENTAGES ARE IN RELATION TO THE 10%
COMMISSION FEE STATED IN THE “WHEREAS 1”
. d) “Parties” means (1) PGS and (2) NMR and (3) Maurizio Beni, and “Party” shall be
construed accordingly;
. e) “Player” means NAHUEL LAUTARO BUSTOS
. f) “Transfer Contract” means a successful acquisition of NAHUEL LAUTARO
BUSTOS playing rights from CAT
. g) “Term” means as described in Paragraph 2;
COMMISSION SHARE
- In consideration of PGS providing its assistance to CAT in relation to the
TRANSFER CONTRACT, PGS shall be entitled to the AGENT
COMMISSION SHARE, PGS shall remit the NMR Share of such agent
commission, fees or payments to NMR within fourteen (14) days of receipt by
PGS of the same.
TERM - The term of this Agreement shall, subject to Clauses 4 and 5 below, be from the
date here of until the termination or expiry of the Representation Contract, on
which date the Agreement shall terminate automatically without notice.
MISCELLANEOUS
- Either Party shall have the right to terminate this Agreement immediately if the
other Party commits a material breach of any of its or his material obligations
and/or warranties hereunder, and such breach or breaches has or have not been
remedied (if capable of remedy) within seven (7) days of written notice to do so. - This Agreement shall automatically terminate (with immediate effect) in the event
the Representation Contract terminates (or is superseded) and PGS shall have no
liability to NMR (other than in respect of any accrued fees owed to NMR at the
date of termination). - Expiry or termination of this Agreement for any reason shall be without prejudice
to the rights and liabilities of either Party which have been accrued or been
incurred prior to the date of expiry or termination. - Each Party and/or its professional representatives shall be entitled to inspect and
audit NMR’S records relating to the receipt of agent commission, fees and
payments at any time whether during or after Term. - Each of the Parties undertakes to the other that it will not disclose to any third
party other than to its professional advisers or as required by law or as agreed in
writing between the Parties any information relating to the business or affairs of
the other party nor any of the contents of the provisions of this Agreement. - The Parties hereto remain independent contractors and this Agreement shall not
create, or be deemed to create, a partnership or the relationship of principal and
agent, between the Parties. - Neither Party shall be entitled to assign, license or otherwise transfer this
Agreement or any of its rights or obligations hereunder without the prior written
consent of the other Party. - No waiver by either Party of any breach by the other Party of any of the terms of
this Agreement shall be deemed to be a waiver of any preceding or succeeding
breach. - This Agreement sets out the entire agreement of the Parties and supersedes all
prior agreements and understandings relating to its subject matter. - This Agreement shall, as to any of its provisions remaining to be performed in
whole or in part or capable of having effect following expiry or earlier
termination, remain in full force and effect despite expiry or earlier termination. - This Agreement shall be governed by and construed and interpreted in accordance
with the laws of England and Wales and the parties hereby submit to the non-
exclusive jurisdiction of the courts of England and Wales.
NON-CIRCUMVENTION
The signatories of this Agreement further agree to not circumvent, avoid or bypass the
other, directly or indirectly in any way with regard to dealings, including but not limited
to, any specific projects, joint ventures or other transactions involving any products or
services, that either may have in regard to prospective purchasers introduced or
presented by either party to this Agreement. This non-circumvention shall include, but
not be limited to, the terms of this Agreement, any additions, renewals, extensions, roll-
over amendments, re-negotiations, new contracts, parallel contracts or agreements, or
any third party assignment thereof. This non-circumvention shall remain in force for the
all period of this agreement.
SIGNATURES
Signed BY: CLUB ATLÉTICO TELLERES RAPRESENTATIVE
________________________ Date: __
Printed name: _____________________________
Signed BY: ALESSANDRO AGAPITE MASANGU MWETAMINWA “PGS”
______________________________ Date: __
Signed BY: NAHUEL MARTÍNEZ RUIZ “NMR”
_____________________________ Date: ___
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