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Agreement for Sale of Shares of aPrivate Limited Company

THIS AGREEMENTmade at __________ this _____ day of 200___ BETWEEN(1) ABC (2) DEF and (3) GH! a"" ha#in$ thei% add%essat ______________________________________________________________!

he%einafte% &oint"y %efe%%ed to as THE !EN"#RS$('hih e*%ession sha""! +n"ess it,e %e*+$nant to the ontet o% meanin$ the%eof ,e deemed to mean and in"+de

thei% %es*eti#e hei%s! ee+to%s and administ%ato%s) of the %IRST PART- ./%i#ate td! a %i#ate imited Com*any ha#in$ its4 %e$iste%ed offie at

____________________ ! he%einafte% a""ed THE C#MPAN&$ ('hih e*%essionsha"" +n"ess it ,e %e*+$nant to the ontet o% meanin$ the%eof ,e deemed to mean

and in"+de its s+esso%s and Assi$ns) of the SEC#N" PART' AND(1) 5N6! (2) 78 and (3) 9T:! a"" of __________! ndian nha,itants! ha#in$ thei%

add%ess at _____________________________________________! he%einafte%

&oint"y %efe%%ed to as THE P(RCHASERS$ ('hih e*%ession sha"" +n"ess it ,e

%e*+$nant to the ontet o% meanin$ the%eof! ,e deemed to in"+de thei% %es*eti#ehei%s! ee+to%s! administ%ato%s and Assi$ns) of the THIR" PART-

)HEREAS*+

(a) The Com*any is a *%i#ate "imited om*any ino%*o%ated and %e$iste%ed

+nde% the Com*anies At! 1;

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nome Ta 8et+%ns name"y Ba"ane 9heet! %ofit oss Ao+nt a"on$'ith9hed+"es and G%o+*in$s a%e f+%nished to the +%hase%s

(h) The a%ti+"a%s of the Fied Assets o'ned ,y the Com*any a%e as set o+t inthe S-hed.le Ihe%eto and the same a%e f%ee f%om any en+m,%anes and

%easona,"e do+,ts of 'hatsoe#e% nat+%e

(i) The *%esent "ia,i"ities of the Com*any as on ____________ a%e as set o+t inthe S-hed.le IIhe%eto The endo%s ha#e %e*%esented to the +%hase%sthat sa#e and ee*t the said "ia,i"ities the%e a%e no othe% o+tstandin$

"ia,i"ities of 'hatsoe#e% nat+%e +*on the Com*any

(&) The Com*any is ho"din$ #a%io+s "ienes iss+ed ,y #a%io+s a+tho%ities! a "istof 'hih is set o+t in the S-hed.le IIIhe%eto

() The Com*any is ho"din$ Ban Ao+nts! a "ist of 'hih is set o+t in the

S-hed.le I!he%eto

(") The endo%s and eah of them as the ,enefiia" and %e$iste%ed o'ne%s ofthe said sha%es in the a*ita" of the Com*any ha#e a$%eed 'ith the

+%hase%s fo% the sa"e to them of a"" the said 23!

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3 t sha"" ,e the so"e and e"+si#e %es*onsi,i"ity?o,"i$ation of endo%s to *ay!"ea%! sett"e and disha%$e the "ia,i"ities of the om*any as set o+t in the

S-hed.le IIhe%eto The said "ia,i"ities a%e as on ________________ tsha"" ,e the so"e! e"+si#e and a,so"+te %es*onsi,i"ity and o,"i$ation of the

endo%s to o,tain om*"ete disha%$e f%om the said "ia,i"ities 'ithin a *e%iodof si months f%om the date he%eof f the endo%s fai" to *ay! sett"e and

disha%$e the said "ia,i"ities as afo%esaid 'ithin the a$%eed *e%iod! in thate#ent the +%hase%s sha"" ,e f+""y entit"ed to *ay and sett"e the same asmay ,e deemed fit ,y them o+t of the amo+nts of insta""ments *aya,"e to

the endo%s

The endo%s do and eah of them fo% themse"#es as a"so on ,eha"f of the

Com*any! he%e,y de"a%e! onfi%m! %e*%esent and ass+%e to the +%hase%sas +nde%I

(a) The Com*any is the so"e and a,so"+te o'ne% of the immo#a,"e *%o*e%ty

admeas+%in$ a,o+t _______ syds and ,ea%in$ Cadest%a" 9+%#ey Nos________ sit+ated at _________ to$ethe% 'ith st%+t+%es standin$

the%eon and mo%e *a%ti+"a%"y des%i,ed in the SCHE"(LE !he%e+nde%'%itten (he%einafte% %efe%%ed as Jthe said propertyK) and has the

a,so"+te and so"e %i$ht to ho"d! +se! o+*y and *ossess the same

(,) That the said *%o*e%ty is f%ee f%om a"" "aims! en+m,%anes and%easona,"e do+,ts of any nat+%e 'hatsoe#e% and the same a%e not

attahed eithe% ,efo%e o% afte% &+d$ement o% at the instane of any

taation a+tho%ity o% any othe% a+tho%ities and neithe% the endo%s no%the om*any has $i#en any +nde%tain$s to the taation a+tho%ities o%

any a+tho%ities so as not to dea" 'ith o% dis*ose of the %i$ht! tit"e andinte%est in the said *%o*e%ty

() 9a#e and ee*t the Com*any no othe% *e%son has o% had any "aim!sha%e! %i$ht! tit"e o% inte%est in the same

(d) That neithe% the endo%s no% the om*any ha#e %eated any mo%t$a$e!

ha%$e! "ien! tenany! "iene o% any en+m,%anes o% "ia,i"ity in %es*etof the said *%o*e%ty and that they ha#e not done any at 'he%e,y the

%i$hts in %es*et of the said *%o*e%ty ha#e ,een *%e&+died o%&eo*a%dised in any manne% 'hatsoe#e%

(e) The%e a%e no *%oeedin$s *endin$ in any o+%t as on the date

one%nin$ to+hin$ o% affetin$ the said *%o*e%ty

(f) The%e is no attahment o% *%ohi,ito%y 6%de% iss+ed ,y the om*etent

a+tho%ity o% any Co+%t o% Ta A+tho%ities o% ,y any othe% a+tho%ity*%ohi,itin$ the om*any f%om dea"in$ 'ith the said *%o*e%ty

($) Neithe% the endo%s no% the om*any has ente%ed into anya%%an$ement! a$%eement o% ommitment in %es*et of the said *%o*e%ty

no% %eated any thi%d *a%ty %i$hts in %es*et of the same o% any *a%tthe%eof- and

(h) Neithe% the Com*any no% the endo%s ha#e at any time %eei#ed any

notie and?o% omm+niation f%om the 5+nii*a" Co%*o%ation of G%eate%Bom,ay and?o% f%om any a+tho%ities di%et"y and?o% indi%et"y %aisin$

any dis*+te and?o% ha""en$in$ the "e$a"ity of the onst%+tion

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ase%tained that in %es*et of any ha%$e so %e$iste%ed and satisfied ,+t fo%'hih no ha%$e satisfation e%tifiate is fi"ed 'ith the 8e$ist%a% of

Com*anies! in that e#ent the endo%s sha""! afte% fo""o'in$ d+e *%oess of"a'! *%o+%e s+h ha%$e satisfation e%tifiate f%om the 8e$ist%a% of

Com*anies in %es*et of e#e%y ha%$e %e$iste%ed 'ith him The same sha"",e so o,tained ,y the endo%s at thei% o'n ost! e*enses and effo%ts fo%

and on ,eha"f of the Com*any 'ithin a *e%iod of si months f%om the datehe%eof! time ,ein$ of the essene

= A"" the "ia,i"ities of the om*any 'hate#e%! dis"osed o% +ndis"osed a%+ed

*%io% to the date he%eof o% the a+se of ation 'hih has ommened *%io%to the date he%eof a%e to ,e ,o%ne and *aid ,y the endo%s! the *%ie of

sha%es a$%eed to he%ein ha#in$ ,een a%%i#ed at on the said footin$ The+%hase%s sha"" ,e entit"ed to *ay and "ea% the same o+t of the month"y

insta"ments *aya,"e ,y them to the endo%s Not'ithstandin$ theom*"etion of the sa"e and *+%hase effeted ,y this a$%eement the

o,"i$ations! indemnities! 'a%%anties and +nde%tain$s ontained and%efe%%ed in this a$%eement sha"" ontin+e to s+,sist so "on$ as may ,e

neessa%y fo% the *+%*ose of $i#in$ effet to eah and e#e%y one of them

Eah of the endo%s he%e,y 'ai#e thei% %es*eti#e %i$ht of *%eem*tion in%es*et of the enti%e iss+ed! s+,s%i,ed and *aid +* sha%e a*ita" of the

om*any and they he%e,y $i#e thei% s*eifi and i%%e#oa,"e onsent and noo,&etion fo% t%ansfe%%in$ ,y the othe% the sha%e ho"de%s in fa#o+% of the

+%hase%s

> The endo% No 2 has on ee+tion he%eof a$%eed to %eti%e as the Di%eto% of

the Com*any and has handed o#e% his %esi$nation as Di%eto% of theCom*any to the +%hase%s he%ein and he sha"" %eti%e as the Di%eto% of the

Com*any in the method and manne% set o+t he%einafte%

; (A) 6n ee+tion he%eof the endo%s sha""I

(i) de"i#e% to the +%hase%s a"" the %e"e#ant 9ha%e Ce%tifiates in

%es*et of 00 e+ity sha%es! to$ethe% 'ith 9ha%e t%ansfe% fo%msd+"y fi""ed in! ee+ted and attested

(ii) ho"d a Boa%d meetin$ of the om*any at 'hih it sha"" ,e 8eso"#ed

thatI

(a) Jthe t%ansfe%s of the sha%es in %es*et of 00 sha%es so"d

+nde% this A$%eement is a**%o#ed fo% t%ansfe% and %e$ist%ationin fa#o+% of the +%hase%s o% thei% nominee4s s+,&et on"y to

thei% ,ein$ d+"y stam*edK

(,) Jthat the +%hase%s Nos 1 and 2 he%ein ,e a**ointed as

Di%eto%s of the om*anyK

() Jthat the "ette%s of %esi$nation of endo% No 2 %esi$nin$ asDi%eto% of the om*any is d+"y ae*tedK

(iii) sha"" do a"" ats and thin$s to om*"ete"y and *%o*e%"y effet the

t%ansfe% of the said 00 e+ity sha%es in fa#o+% of the +%hase%sand a"so to *+t the +%hase%s in ont%o" and mana$ement of the

om*any in a"" %es*ets a"on$ 'ith the endo%s

(i#) sha"" hando#e% the o%i$ina" 9ha%e Ce%tifiates in %es*et of%emainin$ 1>!>00 e+ity sha%es to$ethe% 'ith d+"y ee+ted

t%ansfe% fo%ms d+"y attested to 9h%i ________________________

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in es%o' (he%einafte% %efe%%ed to as the Es-ro1 Agent$)! fo% the*+%*ose of time to time handin$ o#e% the same to the +%hase%s

in the manne% and method %eo%ded he%ein

(B) The endo%s sha"" a"so inter alia a%%y o+t the neessa%y ats! thin$s

and the *%oed+%e fo% the fo""o'in$I

(i) $et the +%hase% Nos 1 and 2 ado*ted and a**ointed as Di%eto%son the Boa%d of the Com*any 'ithin a *e%iod of one 'ee f%om thedate he%eof as a"so ee+te and si$n a"" the neessa%y Fo%ms in

that ,eha"f and fi"e the same 'ith the 8e$ist%a% of Com*anies-

(ii) $et the t%ansfe% of the said 00 e+ity sha%es a**%o#ed ,y theBoa%d of Di%eto%s in fa#o+% of the +%hase%s 'ithin a *e%iod of

one 'ee f%om the date he%eof and a"so $et the same t%ansfe%%edin fa#o+% of the +%hase%s ,y that date and de"i#e% the same to

the +%hase%s

(iii) The endo% No2 sha"" %eti%e as Di%eto% of the om*any 'ithin a*e%iod of one 'ee f%om the date he%eof

(C) A$ainst *ayment of eah insta"ment as *%o#ided inC"a+se 1(,) a,o#e! the endo%s sha"" $et 1>>0 e+ity sha%es

t%ansfe%%ed in fa#o+% of the +%hase%s and a+se the same to ,e

de"i#e%ed to the +%hase%s th%o+$h the said Es%o' A$ent ho"din$them in Es%o' as mentioned a,o#e At the time of *ayment of the "ast

insta""ment o% the ,a"ane *ayment! the endo%s sha"" $et a"" the saide+ity sha%es t%ansfe%%ed in fa#o+% of the +%hase%s Whi"e t%ansfe%%in$

the said sha%es as afo%esaid the endo%s sha"" om*"y 'ith the d+e*%oess of "a' and the *%oed+%e as set o+t in s+,"a+se (B) a,o#e

The o%i$ina" do+ments in %es*et of immo#ea,"e *%o*e%ties of theom*any sha"" ,e a"so e*t de*osited in es%o' 'ith the said Es%o'

A$ent and +*on *ayment of the enti%e onside%ation! the +%hase%ssha"" ,e entit"ed to %eei#e the same f%om the said Es%o' A$ent

10 The Com*any4s Ban Ao+nt 'ith Cana%a Ban! 6*e%a Ho+se B%anh!

5+m,ai 'i"" ,e henefo%th &oint"y o*e%ated ,y the endo%s Nos 1 and 2 andthe +%hase%s Nos 1 and 2 fo% a *e%iod of t'o months f%om the date

he%eof The endo%s4 sha"" "ose the om*any4s Ban Ao+nt 'ith Cana%aBan! 9anta%+@ (West) B%anh! 'ith immediate effet Afte% a *e%iod of t'o

months f%om the date he%eof! the +%hase%s sha"" ,e entit"ed to o*en aBan ao+nt in the name of the om*any to ,e o*e%ated e"+si#e"y ,y

them The endo%s sha"" on o% ,efo%e _____________ $et the %e+isite%eso"+tions *assed ,y the Boa%d of Di%eto%s of the om*any to $i#e *%o*e%

effet to the afo%esaid

11 As and 'hen the +%hase%s ,eome entit"ed to 0L of the tota"sha%eho"din$ of the om*any! the Boa%d of Di%eto%s of the om*any 'i""

onsist of th%ee Di%eto%s f%om the +%hase%s $%o+* and t'o Di%eto%s f%omthe endo%s $%o+* As and 'hen the +%hase%s ,eome entit"ed to 100L

sha%eho"din$ of the om*any! the Boa%d of Di%eto%s of the om*any 'i""onsist of a"" the Di%eto%s f%om the +%hase%s $%o+* on"y and at that *oint

of time the Di%eto%s %e*%esentin$ endo%s $%o+* sha"" fo%th'ith %esi$n asDi%eto%s of the om*any The endo%s! at the a**%o*%iate time! 'i"" $et the

%e+isite %eso"+tions *assed ,y the Boa%d of Di%eto%s as a"so ,y the Gene%a"Body to $i#e *%o*e% effet to the afo%esaid a%%an$ement

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12 A"" the %eo%ds of the om*any sha"" ,e e*t at the %e$iste%ed offie of theom*any! in"+din$ the fo""o'in$I

(i) The Ce%tifiates of no%*o%ation! Common 9ea" and stat+to%y and othe%8e$iste%s of the Com*any- and

(ii) a"" the stat+to%y! nonstat+to%y ,oos and the %eo%ds of the om*any

in"+din$ he+e ,oos et-13 The endo%s de"a%e! state! %e*%esent! a$%ee! o#enant and ass+%e +nto the

+%hase%s as +nde%I

(a) That the endo%s a%e the so"e and a,so"+te o'ne%s of the said sha%es ofthe om*any and that they ha#e f+"" %i$ht! *o'e% and a+tho%ity to se""

and t%ansfe% the same to the +%hase%s

(,) That the enti%e iss+ed! s+,s%i,ed and *aid +* a*ita" of the om*anya%e he"d and o'ned ,y and ,et'een them a"one

() That the said sha%es a%e f%ee f%om a"" en+m,%anes! ha%$es and "iens

(d) That the endo%s sha"" ee* the said sha%es f%ee f%om a"" en+m,%anes

of 'hatsoe#e% nat+%e and 'i"" not ,e entit"ed to %eate any mo%t$a$e!ha%$e! "ien o% any en+m,%ane o% "ia,i"ity the%eon and sha"" not

di%et"y and?o% indi%et"y mae any effo%ts and?o% attem*ts to o,taind+*"iates the%eof

(e) That the endo%s sha"" not ente% into any a%%an$ement! a$%eement o%

ommitment o% %eate any thi%d *a%ty %i$hts in %es*et of the saidsha%es

(f) That the *%esent Di%eto%s of the om*any a%e as set o+t in Anne/t.re

I$he%eto and sa#e and ee*t the said *e%sons the%e a%e no othe%Di%eto%s of the Com*any

($) That the%e a%e no 'indin$ +* *%oeedin$s *endin$ a$ainst the om*anyany'he%e in any o+%t no% any of its4 C%edito%s ha#e iss+ed any

stat+to%y notie of demand +nde% *%o#isions of setions 33 and 3 of

the Com*anies At! 1;

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"ienes?a**%o#a"s and they sha"" $i#e thei% f+"" oo*e%ation and effo%tsto o,tain %ene'a"s the%eof

(n) Henefo%th! the +%hase%s sha"" ,e the a,so"+te o'ne%s of the said00 sha%es and sha"" ,e in &oint ont%o" and mana$ement of the

om*any a"on$'ith the endo%s

1 t is f+%the% and e*%ess"y a$%eed! onfi%med and %eo%ded as +nde%I(a) 9a#e and ee*t the "ia,i"ities of the om*any mentioned in the

9hed+"e JK he%eto! a"" the *ast "ia,i"ities of the Com*any sha"" ,e,o%ne and *aid ,y the endo%s *e%sona""y Henefo%th! the endo%s

sha"" not di%et"y o% indi%et"y %eate any "ia,i"ities of 'hatsoe#e% +*onthe om*any

(,) A"" the "ia,i"ities and?o% "aims a$ainst the Com*any and not dis"osed

in the ,oos of ao+nts of the om*any as on _______ day of__________ 200__ in"+din$ the "ia,i"ities of +nno'n o% no'n

nat+%e! ontin$ent o% nonontin$ent! ase%tained o% +nase%tained!'hethe% ont%at+a" o% of to%t! *+%s+ant to any at a$ainst

en#i%onmenta"! aident! ind+st%ia" aident! at of omission o%

ommission! ta o% %e#en+e "ia,i"ities (in"+din$ any "ia,i"ity +nde%inome ta! sa"es ta o% eise o% +stoms "a') o% any "aim on ao+nt

of sa"es %et+%n $oods! dest%+tion! ma%$in diffe%enes! demands f%omt%ade! +a"ity of *%od+ts o% any othe% at of ommission o% omission!

*%io% to the date he%eof! in any manne% %e"atin$ and?o% *e%tainin$ to the

Com*any sha"" %emain the so"e and e"+si#e *e%sona" "ia,i"ity of theendo%s and the endo%s sha"" *e%sona""y *ay and disha%$e the same

and the endo%s sha"" indemnify and ho"d the +%hase%s ha%m"essa$ainst a"" s+h "ia,i"ities and onse+entia" "osses

() The Ba"ane 9heet as on _________________ of the om*any as a"so

the *%o#isiona" Ba"ane 9heet of the om*any as on________________ t%+"y and fai%"y state the finania" affai%s of the

om*any as on that date

(d) The endo%s state that sine the date of dayof _________ 200__I

(i) No mate%ia" han$e has taen *"ae in the #a"+e of the assets and

"ia,i"ities of the om*any in its fied and +%%ent assets! stos!

in#ento%ies! s+nd%y de,to%s! s+nd%y %edito%s and othe% "ia,i"itiesothe% than immate%ia" han$es 'hih may ha#e o+%%ed sine

then in the o%dina%y o+%se of the ,+siness-

(ii) The affai%s of the om*any ha#e ,een ond+ted on"y in the

o%dina%y o+%se of the ,+siness-

(iii) The%e has ,een no mate%ia" han$e in the ondition (finania" o%othe%'ise) of the assets! "ia,i"ities! ea%nin$s! ,+siness! o*e%ations!

affai%s o% *%os*ets of the om*any othe% than han$es in theo%dina%y o+%se of ,+siness- and

(i#) The%e has ,een no dama$e! dest%+tion! "oss o% othe% o+%%ene

o% de#e"o*ment ('hethe% o% not ins+%ed a$ainst)! 'hih eithe%sin$"y o% in the a$$%e$ate mate%ia""y o% ad#e%se"y affets the

assets! "ia,i"ities! ea%nin$s! ,+siness! o*e%ations! affai%s o%*%os*ets of the om*any

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(#) Ee*t in the o%dina%y o+%se of its ,+siness! the endo%s ha#e not%eated o% in+%%ed any "ia,i"ity! ommitment o% o,"i$ation

(a,so"+te o% ontin$ent) of 'hatsoe#e% nat+%e! ee*t as sho'n inthe Ao+nts! and ee*t +nse+%ed +%%ent "ia,i"ities in+%%ed in

the o%dina%y o+%se of ,+siness

(e) The endo%s state that a"" the em*"oyees! 'o%men and staff of the

om*any ha#e eithe% %eti%ed! %et%enhed and?o% thei% se%#ies

te%minated in ao%dane 'ith "a' The endo%s state that a"" the"ia,i"ities of the said em*"oyees! 'o%men staff et is d+"y *aid and

disha%$ed ,y the om*any in f+"" and no "ia,i"ity o% any dis*+te of'hatsoe#e% nat+%e 'ith them +nde% the *%o#isions of nd+st%ia"

Dis*+tes At o% any othe% "a' is *endin$ f any "ia,i"ity in that ao+nta%ises the same sha"" ,e the e"+si#e *e%sona" %es*onsi,i"ity of the

endo%s to *ay and disha%$e the same

(f) The%e a%e no "e$a" *%oeedin$s of 'hatsoe#e% nat+%e *endin$ and?o%th%eatened 'hih may affet the om*any o% its ,+siness and?o% its

assets

($) The endo%s ha#e! in %es*et of the om*any! *%o*e%"y and a+%ate"y*%e*a%ed and fi"ed a"" Cent%a"! 9tate! te%%ito%ia"! "oa" and othe% ta

%et+%ns and %e*o%ts %e+i%ed to ,e fi"ed +nde% a"" a**"ia,"e 9tat+tes!"a' %e$+"ations (in"+din$ 'itho+t "imitation +nde% the nome Ta At

of 1;=1 and Com*anies At! 1;

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atin$ as sha%eho"de%s and?o% Di%eto%s of the Com*any and?o% (ii)f%om di%et"y and?o% indi%et"y +sin$ the assets?*%o*e%ties of the

om*any! ti"" s+h time the defa+"ted amo+nt is *aid and?o% "ea%ed

8e"yin$ on the afo%esaid statements! %e*%esentations and ass+%anes of

the +%hase%s! the endo%s ha#e a$%eed to om*"ete the sa"e of thesaid sha%es in fa#o+% of the +%hase%s +*on the te%ms and onditions

%eo%ded he%ein

1; The *a%ties he%eto sha"" om*"y 'ith a"" the *%o#isions of the Com*any a'

and othe% a**"ia,"e "a's to the t%ansation

20 This a$%eement is s+,&et to &+%isdition of the Co+%ts at _________ on"y

21 A"" dis*+tes! diffe%enes and +estions 'hatsoe#e% 'hih sha"" a%ise eithe%d+%in$ the ontin+ane of this A$%eement o% afte%'a%ds ,et'een the *a%ties

he%eto o% to+hin$ these *%esents o% the onst%+tion o% a**"iation the%eofo% as to any at! deed o% omission of any of the *a%ties he%eto in any 'ay

%e"atin$ to these *%esents o% in im*"ementation the%eof sha"" ,e %efe%%ed to aso"e a%,it%ato% in ase the *a%ties to the dis*+te a$%ee +*on one o%

othe%'ise to t'o a%,it%ato%s and to an +m*i%e to ,e a**ointed ,y s+h

a%,it%ato%s ,efo%e ente%in$ +*on the %efe%ene and s+h a%,it%ation sha"" ,ehe"d in ao%dane 'ith the A%,it%ation and Coni"iation At! 1;;= o% any

stat+to%y modifiation o% %eenatment the%eof fo% the time ,ein$ in fo%eThe enti%e A%,it%ation *%oeedin$s sha"" ,e he"d! ond+ted and *%oeeded

in the City of _________ on"y

SCHE"(LE I

a%ti+"a%s of the Fied Assets?*%o*e%ties of the om*any

SCHE"(LE II

ist of ia,i"ities of the om*any as on ______ day

of ___________ 2002

SCHE"(LE III

ist of ienes he"d ,y the Com*any

SCHE"(LE I!

Parti-.lars of the 2an3 a--o.nts of the -ompany*

N WTNE99 WHE8E6F the a%ties he%eto ha#e affied thei% %es*eti#e handsand sea" and ee+ted these *%esents on the date fi%st he%eina,o#e mentioned

9GNED AND DEE8ED )

By the 'ithinnamed (1) ABC (2) DEF and )(3) GH the endo%s in the *%esene of MM )

THE C6556N 9EA of the 'ithinnamed )

./ 5TED! the Com*any 'as he%e+nto )

affied! *+%s+ant to the 8eso"+tion )

of its Boa%d of Di%eto%s! )

*assed in that ,eha"f! on the )

8/10/2019 ch_87

11/11

______ day of _________ 200___ in the )

*%esene of (1) _____________________! )

5ana$in$ Di%eto% and (2)____________ )

Di%eto% in the *%esene of _________ )

9GNED 9EAED AND DEE8ED ,y the )Withinnamed (1) 5N6 (2) 78 and (3) 9T:! )

the +%hase%s in the *%esene of MM )