Contracts & documents
NCNDA
Non-Circumvention Non-Disclosure Agreement — protects broker commissions and counterparty identity.
An NCNDA (Non-Circumvention Non-Disclosure Agreement) protects two things: (1) broker commissions over a defined deal cycle and renewals, and (2) counterparty identity until both parties agree to contract.
In OilFlow Network, every verified member receives a Master NCNDA on admission; the platform dispatches it automatically (see agents/ncndadispatcher). Matches are held until both parties have a signed NCNDA on file.
Scam flag: Scam circles abuse NCNDAs to slow legitimate parties down with procedural theatre (requiring IMFPAs before any cargo verification). Real trade puts NCNDA alongside SPA, not before inspection.
See also