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Transcript of ch_93
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Appointment of a Consultant
THIS AGREEMENT executed at ________ this _________ day of ____________ 200BETWEEN RONAK IME! "T# $T%#& a co'(a)y i)co*(o*ated u)de* the +o'(a)ies
Act& ,-./& hai)1 its *e1iste*ed office at _________________________________&
he*ei)afte* *efe**ed to as THE +OMAN34 of the ONE ART5 AN%________________& of _________& I)dia) I)ha6ita)t& *esidi)1 at
_________________________________ he*ei)afte* *efe**ed to as THE E!E+7TI"E
+ONS7$TANT4 of the OTHER ART5
WHEREAS:
8a9 The +o'(a)y inter alia is acti)1 as the a1e)ts fo* dist*i6utio) of___________ a)d a*ious othe* (*oducts of diffe*e)t 'a)ufactu*e*s :i;e
________________________________ a)d a*ious othe* 'a)ufactu*e*s
8 he*ei)afte* *efe**ed as the principals4 of the +o'(a)y95
869 The +o'(a)y *e
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co)so:idated *e'u)e*atio) as u)de*?@
8a9 >o* the =ho:e of the fi*st yea* a co)so:idated su' of Rs#_______D
8Ru(ees ___________________ o):y9
869 >o* the =ho:e of the seco)d yea* a co)so:idated su' of
Rs#__________D 8Ru(ees _______________________ 9a)d
8c9 >o* the =ho:e of the thi*d yea* a co)so:idated su' of Rs#_________D8Ru(ees _____________________ o):y9
The afo*esaid a'ou)t sha:: 6e i)c:usie of a:: (e*
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afte* he ceases to 6e i) the se*ice of the +o'(a)y#
#e$ Will not% if and !hen he ceases to be in the service of the
Company eithe* o) ex(i*y of the te*' o* fo* a)y othe* *easo)& acce(ta)y e'(:oy'e)t =ith a)y othe* e'(:oye* 8i)c:udi)1 a)y of the
(*i)ci(a:s of the +o'(a)y9 o* di*ect:y o* i)di*ect:y *e)de* se*ices to(e*so)s ca**yi)1 o) si'i:a* 6usi)ess as that of the +o'(a)y at:east fo*
a 'i)i'u' (e*iod of th*ee yea*s f*o' the ti'e he ceases to 6e a)
e'(:oyee of the +o'(a)y#
8f9 Wi:: atte)d the office o) ee*y =o*;i)1 day du*i)1 office =o*;i)1 hou*sof the +o'(a)y#
819 Wi:: )ot di*ect:y o* i)di*ect:y co''u)icate o* dea: =ith a)y (*i)ci(a:s of
the +o'(a)y exce(t o) 6eha:f of the +o'(a)y a)d i) the )a'e of a)das di*ected 6y the +o'(a)y5 a)d
8h9 Wi:: f*o' ti'e to ti'e u(date hi'se:f i) his fie:d =ith the :atest
tech)ica: ;)o=ho= a)d the 'a*;et st*ate1y#
-# Not=ithsta)di)1 a)ythi)1 he*ei) (*oided& the +o'(a)y =i:: 6e e)tit:ed to
cancel this a&reement and terminate the services of the ExecutiveConsultant6y 1ii)1 th*ee 'o)ths (*io* )otice of =*iti)1 o* o) (ay'e)t of
th*ee 'o)ths *e'u)e*atio) i) :ieu of )otice& if 8i9 the +o'(a)y is )ot
satisfied =ith his =o*; o* 8ii9 is fou)d 1ui:ty of 'isco)duct# I) this *es(ectthe decisio) of the +o'(a)y =i:: 6e fi)a: a)d co)c:usie# 'rovided%
ho!ever& that i) case of 'isco)duct the Executie +o)su:ta)t =i:: 6e 1ie)a) o((o*tu)ity to ex(:ai) his co)duct 6efo*e a)y such te*'i)atio)# It is
c:a*ified that the *est*ictio)s i'(osed o) the Executie +o)su:ta)t u)de*this a1*ee'e)t afte* he ceases to 6e i) the e'(:oy'e)t of the +o'(a)y&
sha:: 6e a((:ica6:e to hi' ee) if his se*ices a*e te*'i)ated 6y the+o'(a)y as (*oided a6oe# The Executie +o)su:ta)t sha:: u(o)
te*'i)atio) of this a1*ee'e)t de:ie* u( to the +o'(a)y a::co**es(o)de)ce& docu'e)ts a)d (*o(e*ty of the +o'(a)y i) his (ossessio)
o* co)t*o:#
,0# If the Executie +o)su:ta)t sha:: *esi1) f*o' his se*ices 6efo*e theex(i*atio) of the co)t*acted (e*iod o* a)y exte)ded (e*iod the*eof& he =i::
6e :ia6:e to (ay to the +o'(a)y a su' of Rs#__________D 8Ru(ees_____________ o):y9 as li(uidated dama&es# If at a)y ti'e he*ei)afte*&
the Executie +o)su:ta)t is se)t a6*oad fo* t*ai)i)1 6y the +o'(a)y& theafo*esaid a'ou)t of :i
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is he*eu)to affixed (u*sua)t to the 9
*eso:utio) of its Boa*d of %i*ecto*s 9
(assed i) that 6eha:f& o) the ______ 9
day of ___________ 200___ 9
i) the (*ese)ce of 8,9______________& 9Ma)a1i)1 %i*ecto* a)d 9
829 __________________& %i*ecto* 9
a)d i) the (*ese)ce of?@ 9
SIGNE% AN% %E$I"ERE% 9
By THE E!E+7TI"E +ONS7$TANT 9
a6oe)a'ed i) the (*ese)ce of ## 9