Carbon Neutral

Terms and Conditions


AGENCY AGREEMENT
1.    PURPOSE

 Carbon Emission Exchange (CEE) acts as an agent for the purpose of sourcing and securing the purchase of carbon     emission offsets/credits on behalf of parties seeking to acquire such carbon emission offsets/credits (the principal) and also as an on-line contact point for potential sellers of carbon emission offsets/credits, and as a broker for emissions trading purposes.

2.    APPOINTMENT

In consideration of CEE promising to use its best endeavours the principal appoints CEE as its agent to act on the principal's behalf to secure for the principal emission offsets/carbon credits including but not limited to the following types of offsets/carbon credits:
 
  • Verified Emission Reductions (VER's)
  • Emission Reductions Units (ERU's)
  • Certified Emission Reductions (CER's)
  • Verified Carbon Units (VCU's)
  • Carbon Reduction Tonnes (CRT's)
  • NSW Abatement Certificates
  • Australian Emission Units (AEU's)
  • NSW Energy Savings Certificates (ESC's)

3.   SERVICES

CEE's services shall include, but not be limited to:
  • Initial consultation to clarify the principal's position and needs;
  • Market research
  • Provision of advice as to market values;
  • Sourcing of available emissions offsets/carbon property rights both nationally and internationally;
  • Provision of due diligence report;
  • Negotiation with sellers and initiation of bidding or offers on behalf of the principal;
  • Contract negotiation and referral of such negotiations to the principals legal advisers;
  • Finalisation of purchase

The principal may specify any services which CEE is not required to perform.

4.    TERM OF AGREEMENT

CEE is appointed to act as agent for the principal for a period of commencing on and terminating on the earlier of:

i)   (date)
ii)   completion of the principal's purchase of emissions offsets/carbon credits
iii)  the expiry of 14 days after written notice of termination by either the Principal or CEE.

5.   AGENT REMUNERATION

i)   A non refundable retainer fee of $ 500.00 is payable on signing of this agreement.
ii)   The Principal agrees to pay a buyer's fee (the fee) to CEE, either:

         (a)    calculated as a percentage of the total purchase price as (2.5% of the contract price up to $500,000, thereafter 1.5% of the balance of the contract price) + (GST)  =  total fee GST inclusive; or
         (b)     as a flat fee including GST subject to agreement.
The fee is payable by the Principal to CEE in accordance with these terms on completion of purchase by the Principal of carbon emissions offsets/carbon property rights sourced CEE.

6.   EXPENSES

CEE shall be entitled to reimbursement of expenses incurred on behalf of the Principal upon delivery to the Principal of a Tax Invoice in respect of such expenses.

Fees and expenses payable by the Principal to CEE pursuant to this agreement may not be varied except as may be agreed in writing by the Principal.

7.   LIMIT OF SERVICES

CEE shall not perform any other services in connection with the Principal's purchase of emissions offsets/carbon property rights other than as set out in these terms.

8.   SELLERS REGISTER

CEE may also provide an on-line registration site for sellers of carbon emissions offsets/credits and due diligence services as required.  Any such seller of carbon emissions offsets/credits which registers with CEE shall pay a flat fee of $500.00   to be registered for a period of  3 months.  following expiry of such period the fee payable for registration may be varied for any extension of the registration period.

CEE will not act as agent on behalf of any seller of carbon emission offsets/credits however, if the seller sells carbon emission offsets/credits as a result of registration with CEE's on-line registration service to any party other than a purchaser/principal of CEE then CEE may charge a further fee in respect of such sale either:

         (a)    calculated as a percentage of the total purchase price as (2.5% of the contract price up to $500,000, thereafter 1.5% of the balance of the contract price) + (GST)  =  total fee GST inclusive; or
         (b)     as a flat fee including GST subject to agreement.
The fee is payable by the Seller to CEE in accordance with these terms on completion of the sale of the carbon emissions offsets/carbon property rights registered on the  CEE site.

Fees for Due Diligence services will be as agreed between CEE and the seller at the time of instuction and shall be confirmed  in writing.

9.  BROKERING SERVICES

Fees payable for Brokering services are those agreed in writing between CEE and the client at the date of appointment for this service.

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http://www.carbonemissionsexchange.com.au/