1. That the said business can be executed approximately after 730 days which may be extend for another sometime if require as per requirement .

2. That the 2nd party within the said period has to fulfil all the criteria.

3. That the 2nd party has to pay the security amount in 2 ways i.e. if the setup of the business is made by the 1st party and in other if made by his/her own.

4. That the 2nd party has to pay an amount mutually agreed between both parties as security of which 1st party out of it will use for software development, for marketing, Security against case on delivery matter , processing of logo design, brand name, training etc.

5. That the 2nd party has to pay total security amount in two phase i.e. 40% at the time of this agreement and 60% as per the need of the 1st party to follow up the said business.

6. That the 2nd party has to verify his/her said payment or if have any quarry, then has to go through the official mail of the company or can visit the Regd. office of the company.

7. That the liabilities of the employees such as in house office staff of the 2nd party and all relevant office accessories will be bear by the 2nd party by his/her own and the 1st party is only responsible on the act of his employees directly entrusted to work under him for the purpose of smooth running of the said business.

8. That the 1st party is ready to assists the 2nd party in the matter of support & services, support of maintaining/upgrading of systems of new requirements and consultancy.

9. That the PO will be generated as per the condition received by the company, represented by the 1st party.

10. That the 2nd party in any case has to make full payment to execute the said business within stipulated time period and only then he/she has to claim to refund his paid amount if the 1st party within that period failed to execute/start the said business. And if the 1st party already has executed the said business no claim of refund by the 2nd party will entertain. And as such 2nd party has no other option but to co-operate the 1st party in the said business. 11. That further if any litigation arises related with this contract between the parties, it will be decided within the jurisdiction of Sivasagar District Court.

11. That the 1st party shall have no liabilities against lost occurred due to different natural calamities.

12. That the time period of preparing / running etc.of the said business exclude all the holidays and un-avoidable bandhs.

13. That the company at sole liberty to change/alter the terms and conditions of this agreement as per requirement for the better interest of business of all the parties.

AGREEMENT TERM

1. That the term of this agreement is for the period till completion/execution of the above mentioned business.

TERRITORY

1. That the territory for the purpose of execution of this agreement is geographical/within India bounded by the pin code areas.

REVIEW

1. That within the stipulated period as mention in above of this agreement the parties have to make communication within themselves after expiry of every 90 days time. And parties have the right to execute any enquiry/query within that period.

PROHIBITION ON THE ACT

1. That parties have to maintain secrecy by not disclosing the business process, goal etc. before any third party and they have only so much right to disclose before public/customer the business term and policy which is needful to them as a customer.

NO RIGHT TO USE/ALTER NAME

1. That the business partners of the first party shall have no right to use or alter the name of their business without written approval of the first party. And if require for the business development they can pursue with the first party to utilise the name of the company with written approval.

2. That the first party shall have right to shift the head office or place of business establishment to another part/area for the better financial interest of the company and as such second party shall have no right to make any objection/query.

3. That the parties into this agreement have accepted that if any previous agreement was existed between them, it will be considered as null and void from now onwards.

4. That the parties here to agree that they are ready and liable for facing any loss if occur related with the function of the company.

ASSIGNMENT

1. That this agreement and rights and license granted are personal and obligatory between the parties and parties shall have no right to sell, assign, transfer, mortgage, hypothecate etc. any rights or license to the third party.

COMPANY REPRESENTATION AND WARRANTIES

1. That the company is a registered co-operation organized and existing under the local laws of India with its principal and obligation of business in India.

2. That the undersigned/the first party has the full right, power and authority to sign this agreement on behalf of the company.

3. That the execution, delivery and performance of this agreement does not act and will not violate any provision of law or any other agreement of which the company is a party.

4. That the execution of this agreement strictly violates appointing any broker or intermediary person in connection with negotiation or discussion to any of the parties.

5. That the salary of the employees will be paid (if a direct employee under company’s pay rule) by the Company itself and (if under 3rd party or franchisee model) then will be paid by the Franchisee.

6. That the 2nd party has to fulfil the following steps for becoming a Franchisee:-

A) Initial Enquiry

B) Application Process

C) Franchisee Agreement

D) Training and Setup

E) Launch your Business