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Agreement
        AGREEMENT
          Kiev                         "__"_________199
     ______________________, hereinafter  called "the Principal",
on the one part,  and ______________________________, hereinafter
called "the Agent", on the other, have herein agreed as follows:
                               I.
     The Principal  grants  the Agent an exclusive right to sell,
on  the  territory  _________  hereinafter  called  "the   agreed
territory", the following equipmenf and mashinery bought from the
principal, hereinafter called "the equipment":______________
     Any sale  by  the  Agent  of  the equipment on any territory
other than the agreed territory may  take  place  only  with  the
written consent of the Principal.
     The Principal will have the right to sell the  equipment  on
the agreed territory directly to the third parties, if:
     1. The transaction is concluded on the  basis  o(  an  offer
made by the Principal prior to the conclusion of this Agreement;
     2. The Agent has refused to buy the equipment offered by the
Principal;
     3. The equipment is part of a barter transaction;
     4. The  equipment  is a component part of equipment supplied
by the Principal to another customer;
     5. This Agreement has terminated under Articles VI and IX;
     6. The equipment  is  supplied  to  governmental  bodies  or
organizations situated on the agreed territory.
     Such sales will not constitute an infringement of the  terms
and  conditions  of  this  Agreement,  and the Agent will have no
right to commission.
     Exept for  the  cases  mentioned  above,  when the Principal
sells the equipment on the agreed territory directly to the third
parties  the  Agent will have the right to receive commission the
amount  of  which  will  be  fixed  in  each  case   by   special
arrangements between the Principal and the Agent depending on the
volume of the sale.
                               II.
     In pursuance of this Agreement  the  parties  will  conclude
contracts  between  themselves  for the delivery of the equipment
and spare parts.
                              III.
     The equipment bought from the Principal will be sold by  the
Agent  to  third parties in this own name,  but factory marks and
signs on the equipment must be left intact.
                               IV.
     Prices to be paid by the Agent for the equipment bought from
the  Principal  will  be fixed in contracts concluded between the
parties under Article II of this Agreement.
     The difference  between  the price,  at which the Agent buys
the equipmenf from the Principal,  and the  price,  at  which  he
sells  the equipment,  will constitute the Agent's commission and
will cover all overhead expenses connected with  advertising  and
selling the equipment.
     The Agent undertakes to sell the equipment,  bought from the
Principal,  at  prices  not  detrimental  to  the  sales  of  the
equipment due to the prices being too high.
                               V.
     Within the  period  of  operation  of  this  Agreement   and
contracts concluded between the parties the Agent undertakes;
     1. To guard,  bona fide,  the interests  of  the  Principal,
constantly increasing the purchases of the equipment.
     2. Each  quarter,  not  later  than  the  15th  day  of  the
following  month,  to  submit  to  the  Principal  reports on his
activities in the marketing of  the  equipment  sold  under  this
Agreement, attaching copies of the bills drawn on his purchasers,
and,  within the same period  of  time,  to  send  the  Principal
informatiom  on  market  conditions  and on the activities of the
Principal's  competitors,  in  particular  on  price,  terms  and
conditions, in their sales of similar equipment.
     3. Not to represent,  either directly or indirectly,  on the
agreed  territory,  without  the  Principal`s  consent,  any firm
competing with the Principal.
     4. To  systematically  organize,  at  his  own expense,  the
advertising of the equipment in such form and to such extent that
successful  marketing  of  the  equipment on the agreed territory
should be ensured,  using for  this  purpose  the  press,  radio,
cinema, catalogues and other means of advertising on the basis of
printed material provided by the  Principal:  to  return  to  the
Principal,  after the expiration of this Agreement, advertisement
samples and materials,  should these be in the possession of  the
Agent,  or  to  deal  with  them  according  to  the  Principal's
instructions.
     5. To  provide  consultation  and  technical service for and
have supervision of proper exploitation of  the  equipment  sold,
organizing  for  this  purpose,  at  this own expense,  necessary
workshops and service stations.
     6. With  the  view  of  ensuring  proper exploitation of the
equipment,  to buy (rom the Principal the necessary  quantity  of
spare parts,  to keep warehouses and shops at his own expense, as
well as to organize uninterrupted  supplies  of  spare  parts  to
purchasers of the equipment.
     7. In case the Principal participates in international fairs
and exhibitions on the agreed territory,  to render the Principal
every assistance in the marketing of the equipment.
     8. To   inform   the  Principal  of  governmental  purchases
announced on the agreed territory, to participate in them, and to
advise the Principal of their results.
     Should need  arise,  the  Principal  will,  at  the  Agent's
request  and under a separate contract,  give technical advice to
purchasers in the installation of the equipment sold by the Agent
and  in  its  exploitation  by  means of deputing the Principal's
specialists.
                               VI.
     The Principal has the right to cancel this Agreement  before
the expiration of the period of its duration without prejudice to
his  rights  and  without  the  Agent's  right   to   claim   any
compensation, if:
     1. The Agent,  despite  the  Principal's  notice,  does  not
comply with an important condition of this Agreement,  especially
as to payment;
     2. On the expiration of eight months from the day of signing
this Agreement the value of the equipment sold by Agent  will  be
less than _____________
     3. The  financial  position  of   the   Agent   considerably
deteriorates or procedure in bankruptcy is initiated;
     4. The Agent's acts contradict the Principal's  interest  on
agreed territory.
                              VII.
     The Principal and the Agent will take all measures to settle
amicably any disputes which may arise from this Agreement or from
contracts made hereunder.
     In case of the parties being unable to arrive at an amicable
settlement,  all disputes without application to legal courts are
to be submitted for the settlement  by  _________  in  accordance
with the Rules of Procedure of the said Commission.
     The Arbitration Award will be final  and  binding  for  both
parties.
                              VIII.
     1. All  negotiations  and correspondence between the parties
that have taken place prior to  the  signing  of  this  Agreement
shall be considered null and void as from the day of its signing.
     2. Any amendments and/or supplements to this Agreement shall
be  valid  only  if  they are made in writting and signed by duly
authorized representatives of both parties.
                               IX.
     This Agreement is operative as from the day of  its  signing
by both parties and will be valid for ___________________________
     If, one month before the expiration of the above  period  of
time,  neither  party  notifies  in  writing  of  its  desire  to
terminate this Agreement or to alter its  terms  and  conditions,
the Agreement is automatically extended for _____________________
months.
     Irrespective of  the  expiration  of  this  Agreement or its
cancellation the parties are to fulfill their C obligations under
contracts made prior thereto.
                 Legal addresses of the parties
     The Principal:
     The Agent:
     For and  on behalf _____________________________
     For and  on behalf _____________________________

 
 
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