Draft LDA for T.C. Koraput

7/25/2019 Draft LDA for T.C. Koraput

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LEASE cum DEVELOPMENT AGREEMENT

This Agreement is entered into on this the ---------- day of __________ 2015 at Bhubaneswar

BETWEEN

The Governor of Odisha; represented through Department of Tourism !o"ernment of

Odisha #hereinafter referred to as $DOT%& whi'h term sha(( un(ess repugnant to the 'onte)t

in'(ude its su''essors assigns and (ega( representati"es& of the one *art

A+D

Mr. A. Samantaray, Tikirasahi, Dist. Koraput #hereinafter referred to as the $Lessee% whi'h

e)pression sha(( un(ess repugnant to the 'onte)t or meaning thereof in'(ude its su''essors

permitted assigns and substitutes& of the other *art,

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INTRODUTION

hereas.

A, DOT is a department under !o"ernment of Odisha and is engaged in de"e(oping

and promoting tourism a'ti"ities in the state of Odisha;

B, DOT had in"ited bids for upgrading de"e(oping operating maintaining

managing sharing and transferring #the $Pro!ec"%& of Tourist A''ommodation /nit

at Tour#s" om$%e& 'or($u" as spe'ified in the Bidding Do'uments *ursuant to

the e"a(uation of the bids re'ei"ed the bid of Mr) A) S(m(n"(r(*was se(e'tedand a''ording(y issued a etter of Award #hereinafter 'a((ed the $oA%& and

atta'hed in 'hedu(e 3 etter of Award re4uesting the se(e'ted Bidder to

ensure the e)e'ution of this Agreement within 0 #Thirty& days of the date of

issue of the oA whi'h the e(e'ted Bidder has a'6now(edged;

) DOT has e)e'uted this Agreement to transfer the rights on the assets de(ineatedin 'hedu(e 3 *ro7e't Assets of this Agreement and assigns the essee its

rights and ob(igations with regard to the *ro7e't and has agreed to enter into this

Agreement with the essee sub7e't to and on the terms and 'onditions set forth

hereinafter,

+O T89:O:9 in 'onsideration of the foregoing and respe'ti"e 'o"enants andagreements set forth in this Agreement the suffi'ien'y and ade4ua'y of whi'h ishereby a'6now(edged and intending to be (ega((y bound hereby the *arties agree asfo((ows name(y .-

*age +of 54


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DE,INITIONSANDINTERPRETATIONS

1.1 Definitions -

n this Agreement the fo((owing words and e)pressions sha(( un(ess repugnant to

the 'onte)t or meaning thereof ha"e the meaning hereinafter respe'ti"e(yas'ribed < assigned to them hereunder.-

1)1)1 $A-reemen"% refers to this ease 'um De"e(opment Agreement and the pro"isionsin'(uded in this Agreement in'(uding amendments thereto;

1)1)+ $Annu(% Le(se Ren"(%% sha(( mean the annua( renta( payab(e to DOT as defined in'(ause 1,=of this Agreement;

1)1). /A$$%#c(0%e L(2sha(( mean a(( statutes (aws ordinan'e in for'e and effe't ason date hereof and whi'h maybe promu(gated or brought into for'e and effe'thereinafter in ndia by the !o"ernment of ndia #!o& or !o"ernment of Odisha

#!oO or tate !o"ernment& or any other go"ernment authority ha"ing 7urisdi'tiono"er the matter in 4uestion in'(uding regu(ations and ru(es dire'ti"es guide(inespo(i'y made there under and a(( 7udgements orders de'rees in7un'tions writsand orders of any 'ourt or 7udi'ia( body as may be in for'e and effe't during thesubsisten'e of this Agreement or thereafter and app(i'ab(e to the *ro7e't < theessee in re(ation to the *ro7e't;

1)1)4 $A$$o#n"e3 D("e% is the date from whi'h the ob(igations of the *arties in thisAgreement sha(( 'ommen'e as spe'ified in '(ause 1,=,;

1)1)5 /A$$%#c(0%e Perm#"s2means a(( notifi'ations '(earan'es permits authorisations(i'enses 'onsents permissions ru(ings e)emption appro"a(s or any other permitof whatsoe"er nature whi'h is re4uired to be obtained and maintained by theessee under or pursuant to App(i'ab(e aw or any registration or fi(ing with anyauthority under App(i'ab(e aw for or in respe't of this Agreement in'(uding forperforman'e of any ob(igation or e)er'ise of any right by a *arty in 'onne'tionwith the *ro7e't during the subsisten'e of this Agreement;

1)1) /B#32 means the do'uments in their entirety in the bid submitted by the e(e'tedBidder in response to the Bidding noti'e issued by DOT for the *ro7e't;

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1,1,> $B#3 Secur#"*% means Bid e'urity app(i'ab(e for this *ro7e't as per ?(ause > ofthe :e4uest for *roposa( #:*&;

1,1,= $B#33#n- Documen"s% means the :e4uest for *roposa( #:*& a(( the @o(umesAppendi'es and Addenda thereof issued by DOT as part of the Bidding *ro'essfor this *ro7e't;

1)1) /Bus#ness D(*2 means a day e)'ept aturdays undays and go"ernmentho(idays on whi'h ban6s are genera((y open for business in BhubaneswarOdisha;

1)1)16 $%e(r(nce% means the written 'onsent (i'en'e appro"a( permit ru(ingse)emption notifi'ation no ob7e'tion 'ertifi'ate or other authorisation or permissionof whatsoe"er nature whi'h is re4uired to be obtained from any authority fromtime to time in 'onne'tion with the *ro7e't;

1)1)11 $ommerc#(% O$er("#ons D("e 7or Ph(se I or OD 8 Ph(se I% means the date onwhi'h the essee obtains the ?omp(etion ?ertifi'ate for *hase , t 'annot be (aterthan 'hedu(ed *hase mp(ementation ?omp(etion Date as (isted in ;

1)1)1+ $ommerc#(% O$er("#ons D("e 7or Ph(se II or OD 8 Ph(se II% means the dateon whi'h the essee obtains the ?omp(etion ?ertifi'ate for *hase , t 'annot be(ater than 'hedu(ed *hase mp(ementation ?omp(etion Date as (isted in'hedu(e . *hase-wise inimum De"e(opment :e4uirements;

1)1)1. $ommerc#(% O$er("#ons D("e 7or Ph(se III or OD 8 Ph(se III % means the dateon whi'h the essee obtains the ?omp(etion ?ertifi'ate for *hase , t 'annot be(ater than 'hedu(ed *hase mp(ementation ?omp(etion Date as (isted in'hedu(e . *hase- wise inimum De"e(opment :e4uirements;;

1)1)14 $om$%e"#on er"#7#c("e% sha(( ha"e the meaning as defined;

1)1)15 9Encum0r(nce9means any en'umbran'e su'h as mortgage sub-(ease 'hargep(edge (ien hypothe'ation se'urity interest assignment pri"i(ege or priority ofany 6ind ha"ing the effe't of se'urity or other su'h ob(igations and sha(( in'(udewithout (imitation any designation of (oss payees or benefi'iaries or any simi(ararrangement under any insuran'e po(i'y pertaining to the *ro7e't physi'a(en'umbran'es '(aims for any amount due on a''ount of ta)es 'esses anden'roa'hments on the *ro7e't Assets;

1)1)1 /,orce M(!eure2 sha(( ha"e the meaning as'ribed thereto in '(ause;

1,1,1> $,#n(% ommerc#(% O$er("#ons D("e or ,OD% means the ?OD for the (ast*hase as app(i'ab(e for the *ro7e't, *ro7e'ts for whi'h on(y *hase is app(i'ab(e?OD sha(( be same as ?OD-*hase , *ro7e'ts for whi'h on(y *hase and *hase are app(i'ab(e ?OD sha(( be same as ?OD-*hase , *ro7e'ts for whi'h a((three *hases are app(i'ab(e ?OD sha(( be same as ?OD-*hase ;

1)1)1: /GoI2 means the !o"ernment of ndia and any of its du(y authorised agen'yauthority department inspe'torate ministry or person #whether autonomous ornot&;

1)1)1 /GoO2 means the !o"ernment of Odisha and any of its du(y authorised agen'y

authority department inspe'torate ministry or person #whether autonomous ornot& under the (awfu( and effe'ti"e 'ontro( and dire'tion of !oO;

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1)1)+6 9Goo3 In3us"r* Pr(c"#ce9means the e)er'ise of that degree of s6i(( di(igen'epruden'e and foresight in 'omp(ian'e with the underta6ings and ob(igations underthis Agreement whi'h wou(d reasonab(y and ordinari(y be e)pe'ted of a s6i((ed andan e)perien'ed person engaged in the imp(ementation operation andmaintenan'e or super"ision or monitoring thereof or any of them for a pro7e'tsimi(ar to that of this *ro7e't;

1,1,21 $Im$%emen"("#on Ph(se% means the period 'ommen'ing from Appointed Date andending on ?OD;

1)1)++ /Le(se Per#o32sha(( ha"e the meaning as'ribed thereto in '(ause 1,;

1,1,2 /LoA2 means the etter of Award issued to the essee by DOT;

1)1)+4 9M("er#(% A3verse E77ec"9means materia( ad"erse effe't on #a& the abi(ity of thee(e'ted Bidder to e)er'ise any of its or perform < dis'harge any of its duties $Sche3u%e3 Ph(se I Im$%emen"("#on om$%e"#on D("e% means the (atest date bywhi'h a(( the inimum De"e(opment :e4uirements for *hase as detai(ed in ha"eto be met;

1,1,= $Sche3u%e3 Ph(se II Im$%emen"("#on om$%e"#on D("e% means the (atest dateby whi'h a(( the inimum De"e(opment :e4uirements for *hase as detai(ed inha"e to be met;

1,1,C $Sche3u%e3 Ph(se III Im$%emen"("#on om$%e"#on D("e% means the (atest dateby whi'h a(( the inimum De"e(opment :e4uirements for *hase ha"e to be

met;

1)1)46 GS$ec#7#c("#ons (n3 s"(n3(r3sGmean the spe'ifi'ations and standards re(ating tothe 4ua(ity 'apa'ity fa'i(ities and other re4uirements for the *ro7e't Assets asmutua((y agreed between the *arties and gi"en in 'hedu(e - *ro7e't Assets,

1)1)41 /T(& or T(&es2sha(( mean and in'(ude a(( ta)es duties 'ess (e"ies that may bepayab(e by the essee under App(i'ab(e aw;

1)1)4+ 9Term#n("#on9means termination of this Agreement hereunder pursuant to thede(i"ery or deemed de(i"ery of a Termination +oti'e or otherwise in a''ordan'ewith the pro"isions of this Agreement but sha(( not un(ess the 'onte)t otherwise

re4uires in'(ude the e)piry of this Agreement in the norma( 'ourse;

1)1)4. 9Term#n("#on D("e9 means the date on whi'h Termination +oti'e has beende(i"ered or deemed to ha"e been de(i"ered by a *arty issuing the same to theother *arty in a''ordan'e with the pro"isions of this Agreement;

1)1)44 /Term#n("#on No"#ce2means a 'ommuni'ation in writing by a *arty to the other*arty see6ing Termination in a''ordan'e with the app(i'ab(e pro"isions of thisAgreement;

1)1)45 /Term#n("#on P(*men"2means the amounts payab(e by a *arty to the other*arty under this Agreement upon the Termination of this Agreement;

1)1)4 $Tr(ns7er D("e% means date on whi'h this Agreement and the ease hereundere)pires pursuant to the pro"isions of this Agreement or is terminated by a Transfer+oti'e as gi"en in '(ause 1,5>,5 whi'he"er is ear(ier and

1)1)4< $Tr(ns7er No"#ce% sha(( ha"e the meaning as'ribed to it in '(ause 1,5>,5

1.2 Interpretation -

n this Agreement un(ess the 'onte)t otherwise re4uires.-

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1)+)1 any referen'e to a statutory pro"ision sha(( in'(ude su'h pro"ision as is from timeto time modified or re-ena'ted or 'onso(idated so far as su'h modifi'ation or re-ena'tment or 'onso(idation app(ies to or is 'apab(e of being app(ied to anytransa'tion entered into hereunder;

1)+)+ referen'es to (aws of Odisha (aws of ndia or ndian (aw or regu(ations ha"ing thefor'e of (aw sha(( in'(ude the (aws A'ts Ordinan'es :u(es :egu(ations Bye-(awsor notifi'ations whi'h ha"e the for'e of (aw in the territory of ndia and as from timeto time may be amended modified supp(emented e)tended or re-ena'ted;

1)+). referen'e to a $$erson% and words denoting a natura( person sha(( be 'onstruedas a referen'e to any indi"idua( firm 'ompany 'orporation so'iety trustgo"ernment state or agen'y of a state or any asso'iation or partnership #whetheror not ha"ing separate (ega( persona(ity& of two or more of the abo"e and sha((in'(ude su''essors and assigns;

1)+)4 referen'e to an indi"idua( sha(( in'(ude his (ega( representati"e su''essor (ega(

heir e)e'utor and administrator;

1)+)5 the tab(e of 'ontents headings or sub-headings in this Agreement are for'on"enien'e of referen'e on(y and sha(( not be used in and sha(( not affe't the'onstru'tion or interpretation of this Agreement;

1)+) the words importing singu(ar sha(( in'(ude p(ura( and "i'e "ersa;

1)+)< terms and words beginning with 'apita( (etters and defined in this Agreement sha((ha"e the meaning as'ribed hereto and the terms and words defined in the?(auses


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1)+)14 any referen'e at any time to any agreement deed instrument (ease or do'umentof any des'ription sha(( be 'onstrued as referen'e to that agreement deedinstrument (ease or other do'ument as amended "aried supp(emented modifiedor suspended at the time of su'h referen'e pro"ided that this sub-'(ause sha(( notoperate so as to in'rease (iabi(ities or ob(igations of DOT hereunder or pursuanthereto in any manner whatsoe"er;

1)+)15 referen'es to :e'ita(s Arti'(es ?(auses ub-?(auses *aragraphs in thisAgreement sha(( e)'ept where the 'onte)t otherwise re4uires be deemed to bereferen'es to :e'ita(s Arti'(es ?(auses ub-?(auses *aragraphs and of or tothis Agreement;

1)+)1 any agreement 'onsent appro"a( authorisation noti'e 'ommuni'ationinformation or report re4uired under or pursuant to this Agreement from or by any*arty sha(( be "a(id and effe'tua( on(y if it is in writing under the hands of du(yauthorised representati"e of su'h *arty as the 'ase may be in this beha(f and nototherwise;

1)+)1< any referen'e to any period 'ommen'ing $7rom2a spe'ified day or date and $"#%%%or $un"#%% a spe'ified day or date sha(( in'(ude both su'h days or dates; pro"idedthat if the (ast day of any period 'omputed under this Agreement is not a businessday then the period sha(( run unti( the end of the ne)t business day;

1)+)1: the damages payab(e by either *arty to the other as set forth in this Agreementwhether on per diem basis or otherwise are mutua((y agreed genuine preestimated (oss and damage (i6e(y to be suffered and in'urred by the *arty entit(edto re'ei"e the same and are not by way of pena(ty #Hthe D(m(-es%&;

1)+)1 referen'e to any gender sha(( in'(ude the other and the neutra( gender;

1)+)+6 $L(?h% means a hundred thousand #100000& and $rore% means ten mi((ion#10000000&;

1)+)+1 $in3e0"e3ness% sha(( be 'onstrued so as to in'(ude any ob(igation #whetherin'urred as prin'ipa( or surety& for the payment or repayment of money whetherpresent or future a'tua( or 'ontingent;

1)+)++ referen'es to the $#n3#n-8u$% $3#sso%u"#on% $#nso%venc*% or $reor-(n#s("#on%of a 'ompany or 'orporation sha(( be 'onstrued so as to in'(ude and e4ui"a(ent orana(ogous pro'eedings under the (aw of the 7urisdi'tion in whi'h su'h 'ompany or'orporation is in'orporated or any 7urisdi'tion in whi'h su'h 'ompany or

'orporation 'arries on business in'(uding the see6ing of (i4uidation winding-upreorganisation disso(ution arrangement prote'tion or re(ief of debtors;

1)+)+. any do'umentation re4uired to be pro"ided or furnished by the essee to DOTsha(( be pro"ided free of 'ost and in three 'opies and if DOT is re4uired to returnany su'h do'umentation with their 'omments and


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1.3 Measurements and arithmeticconventions -

1).)1 A(( measurements and 'a('u(ations sha(( be in metri' system and 'a('u(ations done

up to 2 #two& de'ima( p(a'es with the third digit of 5 #fi"e& or abo"e being roundedup and be(ow 5 #fi"e& being rounded down,

1.4 Priority of contract documents and errors / discrepancies-

1)4)1 This Agreement and a(( other agreements forming part of this Agreement are to beta6en as mutua((y e)p(anatory to one another and un(ess otherwise e)press(ypro"ided e(sewhere in this Agreement the priority of this Agreement and otherdo'uments and agreements forming part hereof sha(( in the e"ent of any 'onf(i'tbetween them be in the fo((owing order.

#i& this Agreement

#ii& 'hedu(es Anne)ure and Appendi'es of this Agreement

#iii& Bidding Do'uments

#i"& oA and other 'ommuni'ation issued by DOT to the e(e'ted Bidder ,2,

1)16)5 The essee sha(( upon o''urren'e of inan'ia( ?(ose notify DOT forthwith and

pro"ide to DOT at (east 2 #two& days prior to inan'ia( ?(ose #three& true 'opiesof the inan'ing Do'uments in'(uding the inan'ia( *a'6age and the finan'ia(mode( du(y attested by a Dire'tor or the Authorised ignatory of the essee,

1)16) or nstitutiona( inan'e the essee may app(y to Department of Tourism fora"ai(ing (oan by mortgaging the essee right arising out of this Agreement, orthis purpose Department of Tourism may sign the ubstitution Agreement gi"en in:* as per Appendi)-L@,

1)16)< or imp(ementation and operation of pro7e't the essee may 'reate a separate*@ wherein the essee sha(( ha"e at (east 51M share for a minimum period of 5years,

1.11 'ermination due tofai+ure to achieve,inancia+ %+ose

1)11)1 +otwithstanding anything to the 'ontrary 'ontained in this Agreement in the e"entthat inan'ia( ?(ose does not o''ur for any reason whatsoe"er within the periodset forth in '(ause 1,10,I a(( rights pri"i(eges '(aims and entit(ements of theessee under or arising out of this Agreement sha(( be deemed to ha"e beenwai"ed by and deemed to ha"e 'eased with the 'on'urren'e of the essee andthis Agreement sha(( be deemed to ha"e been terminated by mutua( agreement of

the *arties,

1)11)+ /pon Termination under '(ause 1,11,1 DOT sha(( be entit(ed to en-'ash the Bide'urity and appropriate the pro'eeds thereof as damages pro"ided howe"er ifinan'ia( ?(ose has not o''urred so(e(y as a resu(t of DOT being in defau(t of anyof its ob(igations under '(ause 1,>,2,it sha(( upon termination return the Bide'urity forthwith, or a"oidan'e of doubt it is e)press(y agreed that if the Bide'urity sha(( ha"e been substituted by *erforman'e e'urity for mp(ementation*hase DOT sha(( be entit(ed to en-'ash the *erforman'e e'urity formp(ementation *hase e4ui"a(ent to an amount e4ua( to Bid e'urity,

OBLIGATIONSO,TEPARTIES

*age 14of 54


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1.12 enera+ &+iationsof the "essee

1)1+)1 ub7e't to and on the terms and 'onditions of this Agreement the essee sha(( atits 'ost and e)pense imp(ement the *ro7e't,

1)1+)+ The up-gradation 'on'ept design and (ayout for up-gradation are to be de"e(opedin 'onsu(tation with DOT and as per the pro"isions of ?(auses 1,25 1,2F 1,2>ofthis Agreement

1)1+). The essee sha(( 'omp(y with the pro"isions of App(i'ab(e aw and pro'ureApp(i'ab(e *ermits #in'(uding renewa(s as re4uired& in the performan'e of itsob(igations under this Agreement,

1)1+)4 ub7e't to ?(auses 1,12,1and 1,12, the essee sha(( dis'harge its ob(igations ina''ordan'e with !ood ndustry *ra'ti'e in a reasonab(e and prudent manner,

1)1+)5 The essee sha(( operate the *ro7e't on the prin'ip(e of minima( dis'harge ofeff(uents into the air and water streams < water bodies and ensure themanagement and disposa( of the waste generated by the *ro7e't,

1)1+) The essee wou(d operate the *ro7e't for the ease *eriod as per the pro"isionsof this Agreement in'(uding the responsibi(ity for the interna( furnishing of the*ro7e't Assets and the *ro7e't a'i(ities,

1)1+)< The essee sha(( maintain the *ro7e't Assets handed o"er by DOT and the *ro7e'ta'i(ities in e)'e((ent wor6ing 'ondition for the entire ease *eriod and bear a(('osts < e)penses for doing the same,

1)1+): The essee sha(( at a(( times operate and maintain the *ro7e't Assets ina''ordan'e with the pro"isions of the AgreementApp(i'ab(e aw App(i'ab(e*ermits and !ood ndustry *ra'ti'e,

1.12.( The essee sha(( be responsib(e for pro"iding 4ua(ity ser"i'es to tourists.

1)1+)16 The essee sha(( be responsib(e for pro'uring a(( ne'essary e4uipment#s& for the*ro7e't as we(( as for other a'ti"ities proposed at the *ro7e't ite,

1)1+)11 The essee sha(( be responsib(e for pro"iding ade4uate se'urity to the touristsusing the *ro7e't a'i(ities and for ensuring that there is no damage or (oss to*ro7e't Assets or *ro7e't a'i(ities,

1)1+)1+ The essee sha(( be responsib(e for pro"ision and maintenan'e of emergen'yser"i'es in'(uding ensuring se'urity and safety of the *ro7e't Assets;

1)1+)1. The essee sha(( be responsib(e for ensuring that the emp(oyees engaged by it infu(fi(ment of its ob(igations under the ease 'um De"e(opment Agreement are ata(( times proper(y trained for their fun'tions and that a(( statutory re4uirementsre(ating to the emp(oyees in the *ro7e't are met,

1)1+)14 The essee sha(( be permitted to put up its sign board on the main entran'e of the*ro7e't a'i(ity '(ear(y spe'ifying the fo((owing in addition to the name and (ogo ofthe essee 3

$Un#" o7 De$(r"men" o7 Tour#sm%

*age 15of 54


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1)1+)15 The essee wou(d be permitted to sub-'ontra't < fran'hise a'ti"ities re(ated to the*ro7e't, n the e"ent of su'h sub-'ontra'ting or fran'hise agreement with any otheragen'y a 'opy of the agreement must be submitted to DOT for its re'ords within0 days of signing of su'h agreement, 8owe"er at a(( times the essee wou(d beresponsib(e for dis'harging its ob(igations under this Agreement with DOT withoutany referen'e to any other party operating the premises, Su08%e(s#n- o7 "hePro!ec" S#"e F Pro!ec" Asse"s F Pro!ec" ,(c#%#"#es 0* "he Lessee #s no"$erm#""e3)

1)1+)1 The essee sha(( be responsib(e for meeting the fo((owing hygiene and 4ua(itystandards --

#a& The storage hand(ing of water raw materia(s and 'oo6ing et', wi(( ha"e to be ine)treme hygieni' 'onditions;

#b& The pro"isions of the *re"ention of ood Adu(teration A't 1C5I and any (awre(ating to hygiene and 4ua(ity sha(( be binding;

#'& DOT reser"es the right to get the food samp(es


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1)1+)++ ma6e reasonab(e efforts to maintain harmony and good industria( re(ations amongthe personne( emp(oyed by it in 'onne'tion with the performan'e of its ob(igationsunder this Agreement;

1)1+)+. not do or omit to do any a't deed or thing whi'h may in any manner "io(ate anyof the pro"isions of this Agreement;

1)1+)+4 support 'ooperate with and fa'i(itate DOT in the imp(ementation and operation ofthe *ro7e't in a''ordan'e with the pro"isions of this Agreement;

1)1+)+5 perform any other a'ti"ities that may be re4uired for the *ro7e't sub7e't toApp(i'ab(e aws and App(i'ab(e *ermits and other 'onditions of this Agreement;

1)1+)+ pay a(( ta)es 'harges sur'harges (e"ies and duties whi'h may be (e"ied by any'ompetent authority with regard to e)e'ution of this Agreement and a(( other*ro7e't Agreements;

1)1+)+< pro"ide ade4uate se'urity for prote'ting the *ro7e't Assets and ensuring that thereare no damage to or (oss of *ro7e't Assets;

1)1+)+: pay to DOT < 'on'erned authority a(( amounts due as per the pro"isions of thisAgreement;

1)1+)+ not assign or 'reate any (ien or en'umbran'e in the *ro7e't Assets e)'ept asa((owed in this Agreement;

1)1+).6 pro"ide to DOT periodi' reports as per the pro"isions of the ease-'um-De"e(opment Agreement;

ensure that the personne( engaged by it in the performan'e of its ob(igations underthis Agreement are at a(( times proper(y trained for their respe'ti"e fun'tions; and

1)1+).1 transfer the *ro7e't Assets to DOT upon termination of this Agreement ina''ordan'e with the pro"isions of '(ause 1,10,

1)1+).+ The essee sha(( pro"ide a''ess to personne( from DOT and a(( itsrepresentati"es assigns su''essors underta6ings and their subsidiaries forinspe'ting whether a(( the pro"isions of the Agreement are being fu(fi((ed by theessee,

1)1+).. The essee sha(( not be 'onsidered in brea'h of its ob(igations under this

Agreement if any part of the *ro7e't Assets is not a"ai(ab(e for operation ona''ount of any of the fo((owing for the duration thereof.-

#a& or'e a7eure 9"ent;

#b& measures ta6en to ensure the safe use of the *ro7e't Assets e)'ept when unsafe'onditions o''urred be'ause of fai(ure of the essee to perform its ob(igationsunder this Agreement; or

#'& ?omp(ian'e with a re4uest from DOT or dire'tions of any !o"ernment Agen'y theeffe't of whi'h is to 'ease operation of the *ro7e't Assets

*age 1


18/54

1)1+).4 t is e)press(y agreed that the essee sha(( at a(( times be responsib(e and (iab(efor a(( its ob(igations under this Agreement notwithstanding anything 'ontained inthe *ro7e't Agreements or any other agreement and no defau(t under any *ro7e'tAgreement sha(( e)'use the essee from its ob(igations or (iabi(ity hereunder,

1)1+).5 ithin > #se"en& days of e)e'ution of any *ro7e't Agreement or amendmentthereto the essee sha(( submit to DOT a true 'opy thereof du(y attested by aDire'tor


19/54

1)14)+ DOT agrees to pro"ide support to the essee and underta6es to obser"e 'omp(ywith and perform sub7e't to and in a''ordan'e with the pro"isions of thisAgreement and App(i'ab(e aw the fo((owing 3

=,I,2,1 8and o"er physi'a( possession of the *ro7e't Assets as spe'ified in '(ause 1,=,1free from any en'umbran'e as per the pro"isions of this Agreement;

=,I,2,2 *ro"ide a(( reasonab(e support and assistan'e to the essee 3 upon writtenre4uest from the essee and sub7e't to the essee 'omp(ying with App(i'ab(e aw3 in pro'uring App(i'ab(e *ermits re4uired from any !o"ernment instrumenta(ityfor imp(ementation and operation of the *ro7e't;

=,I,2, +ot do any a't deed or thing whi'h may in any manner "io(ate any of thepro"isions of this Agreement;

=,I,2,I upport 'ooperate with and fa'i(itate the essee in imp(ementation of the *ro7e'tin a''ordan'e with the pro"isions of this Agreement;

=,I,2,5 9nsure pea'efu( use of the *ro7e't Assets by the essee under and in a''ordan'ewith the pro"isions of this Agreement without any undue hindran'e from DOT,

REPRESENTATIONS WARRANTIESANDOVENANTS

1.15 Representations and0arranties of the"essee

1)15)1 The essee represents and warrants to DOT that 3

a& it has the finan'ia( standing and 'apa'ity to underta6e the *ro7e't in a''ordan'ewith the terms of this Agreement;

b& this Agreement 'onstitutes its (ega( "a(id and binding ob(igation enfor'eab(e againstit in a''ordan'e with the terms hereof and the ob(igations under this Agreementwi(( be (ega((y "a(id binding and enfor'eab(e ob(igations against the essee ina''ordan'e with the terms hereof;

'& it is sub7e't to the (aws of ndia and hereby e)press(y and irre"o'ab(y wai"es anyimmunity in any 7urisdi'tion in respe't of this Agreement or matters arisinghereunder in'(uding any ob(igation (iabi(ity or responsibi(ity hereunder;

d& the information furnished in the Bid and as updated on or before the date of thisAgreement is true and a''urate in a(( respe'ts as on the date of this Agreement

e& the e)e'ution de(i"ery and performan'e of this Agreement wi(( not 'onf(i't with resu(tin the brea'h of 'onstitute a defau(t under or a''e(erate performan'e re4uired byany App(i'ab(e aw or any 'o"enants 'ontra't agreement arrangementunderstanding de'ree or order to whi'h it is a party or by whi'h it or any of itsproperties or assets are bound or affe'ted, There are no a'tions suitspro'eedings or in"estigations pending or to its 6now(edge threatened against it at(aw or in e4uity before any 'ourt or before any other 7udi'ia( 4uasi-7udi'ia( or otherauthority the out'ome of whi'h may resu(t in the brea'h of this Agreement orwhi'h indi"idua((y or in the aggregate may resu(t in any materia( impairment of itsabi(ity to perform any of its ob(igations under this Agreement;

*age 1of 54


20/54

1)15)+ t has no 6now(edge of any "io(ation or defau(t with respe't to any order writin7un'tion or de'ree of any 'ourt of any (ega((y binding order of any !o"ernmentinstrumenta(ity whi'h may resu(t in any materia( ad"erse effe't on its abi(ity toperform its ob(igations under this Agreement and no fa't or 'ir'umstan'e e)istswhi'h may gi"e rise to su'h pro'eedings that wou(d ad"erse(y affe't theperforman'e of its ob(igations under this Agreement

1)15). t has 'omp(ied with App(i'ab(e aw in a(( materia( respe'ts and has not beensub7e't to fines pena(ties in7un'ti"e re(ief or any other 'i"i( or 'rimina( (iabi(itieswhi'h in the aggregate ha"e or may ha"e a materia( ad"erse effe't on its abi(ity toperform its ob(igations under this Agreement

1)15)4 n the e"ent of the essee being a pe'ia( *urpose ?ompany #$SP%& formed by a'onsortium the shareho(ding pattern of its issued subs'ribed and paid up e4uity'apita( 'onforms to the representations made by the e(e'ted Bidder as part of theBid and that as on the date of this Agreement shareho(ding pattern of its issuedsubs'ribed and paid up e4uity 'apita( is as fo((ows.

NNNNNE#The $Le(3 Mem0er%& _____________M

NNNNNE _____________M

1)15)5 The shareho(ding of the members in 'ase of 'onsortium sha(( not transfer eitherdire't and


21/54

a& it has fu(( power and authority to e)e'ute de(i"er and perform its ob(igations underthis Agreement and to 'arry out the transa'tions 'ontemp(ated herein and that it hasta6en a(( a'tions ne'essary to e)e'ute this Agreement e)er'ise its rights andperform its ob(igations under this Agreement;

b& it has ta6en a(( ne'essary a'tion to authorise the e)e'ution de(i"ery and performan'eof this Agreement;

'& it has the finan'ia( standing and 'apa'ity to perform its ob(igations under thisAgreement;

d& this Agreement 'onstitutes a (ega( "a(id and binding ob(igation enfor'eab(e against itin a''ordan'e with the terms hereof;

e& there are no a'tions suits pro'eedings or in"estigations pending or to its6now(edge threatened against it at (aw or in e4uity before any 'ourt or before anyother 7udi'ia( 4uasi-7udi'ia( or other authority the out'ome of whi'h may resu(t inthe defau(t or brea'h of this Agreement or whi'h indi"idua((y or in the aggregatemay resu(t in any materia( impairment of its abi(ity to perform any of its ob(igationsunder this Agreement;

f& it has no 6now(edge of any "io(ation or defau(t with respe't to any order writin7un'tion or de'ree of any 'ourt of any (ega((y binding order of any go"ernmentinstrumenta(ity whi'h may resu(t in any materia( ad"erse effe't on its abi(ity toperform its ob(igations under this Agreement;

g& it has 'omp(ied with App(i'ab(e aw in a(( materia( respe'ts; and

h& upon the essee paying the /pfront *ayment Annua( ease :enta( *erforman'e

e'urity and performing the 'o"enants herein it sha(( not at any time during theease *eriod hereof interfere with the pea'efu( e)er'ise of the rights anddis'harge of the ob(igations by the essee in a''ordan'e with this Agreement,

1.1# Disc+osure

1)1


22/54

1)1:)1 The essee a'6now(edges that prior to the e)e'ution of this Agreement theessee has after a 'omp(ete and 'arefu( e)amination made an independente"a(uation of the Bidding Do'uments and a(( the information pro"ided by DOT orobtained pro'ured or gathered otherwise and has determined to its satisfa'tionthe a''ura'y or otherwise thereof and the nature and e)tent of su'h diffi'u(tiesris6s and haKards as are (i6e(y to arise or may be fa'ed by it in 'ourse ofperforman'e of its ob(igations hereunder, a"e as pro"ided in ?(ause 1,1 DOTma6es no representation whatsoe"er e)press imp(i'it or otherwise regarding thea''ura'y and < or 'omp(eteness of the information pro"ided by it and the essee'onfirms that it sha(( ha"e no '(aim whatsoe"er against DOT in this regard,

1)1:)+ The essee further a'6now(edges and hereby a''epts the ris6 of inade4ua'ymista6e or error in or re(ating to any of the matters set forth in the abo"e andhereby a'6now(edges and agrees that DOT sha(( not be (iab(e for the same in anymanner whatsoe"er to the essee 'onstituting members of the essee and theirasso'iates or any person '(aiming through or under any of them,

PER,ORMANESEURITC1.1( Performance ecurity

for Imp+ementationPhase

1)1)1 The essee sha(( for due and faithfu( performan'e of its ob(igations during theease *eriod de(i"er to DOT performan'e se'urity in fa"our of The D#rec"orTour#sm De$(r"men" o7 Tour#sm ; u%"ure Tour#sm payab(e atBhubaneswar of an amount of `)56666F8e4ua( to the amount as (isted for the*ro7e't in 9rror. :eferen'e sour'e not found #$Per7orm(nce Secur#"* 7or

Im$%emen"("#on Ph(se%&,

1)1)+ The *erforman'e e'urity for mp(ementation *hase sha(( be pro"ided to DOT onor before the date of signing of the Agreement,

1)1). The *erforman'e e'urity for mp(ementation *hase sha(( be re(eased by DOTwithin 0 days of the issue of the ?omp(etion ?ertifi'ate of the (ast *hase as per'(ause pro"ided the essee has a(ready submitted to DOT the *erforman'ee'urity for Operations *hase,

1.2) Performance ecurityfor &perations Phase

1)+6)1 The essee sha(( for due and faithfu( performan'e of its ob(igations during theease *eriod de(i"er to DOT a ban6 guarantee in fa"our of The D#rec"orTour#sm De$(r"men" o7 Tour#sm ; u%"ure Tour#sm payab(e atBhubaneswar of an amount e4ua( to the Annua( ease :enta( for the subse4uenttwo years #$Per7orm(nce Secur#"* 7or O$er("#ons Ph(se%&,

1)+6)+ The *erforman'e e'urity for Operations *hase for the first year sha(( be paid onor before the ?ommer'ia( Operation Date - *hase as defined in this Agreementand gi"en in,

*age ++of 54


23/54

1)+6). The *erforman'e e'urity for Operations *hase in the form of a ban6 guaranteeshou(d be submitted to DOT ea'h subse4uent year by the essee at (east se"endays before the e)piry of the e)isting ban6 guarantee unti( the 'omp(etion of theease *eriod,

1)+6)4 The *erforman'e e'urity for the Operations *hase sha(( not be (ower than 25Mof 9stimated *ro7e't ?ost for the Tourism A''ommodation for the (ast 2 years priorto the e)piry of the ease *eriod,

1)+6)5 The *erforman'e e'urity sha(( be returned to the essee upon the termination ofthis Agreement sub7e't to the pro"isions of this Agreement,

1.21 *ppropriation of Performance ecurity

1)+1)1 /pon o''urren'e of a essee 9"ent of Defau(t DOT without pre7udi'e to its otherrights and remedies hereunder or in (aw is entit(ed to appropriate re(e"ant

amounts from the *erforman'e e'urity as damages for su'h essee 9"ent ofDefau(t, /pon su'h en'ashment and appropriation from the *erforman'e e'uritythe essee sha(( within 1 #one& month thereof rep(enish in 'ase of partia(appropriation to its origina( (e"e( the *erforman'e e'urity and in 'ase ofappropriation of the entire *erforman'e e'urity pro"ide a fresh *erforman'ee'urity as aforesaid fai(ing whi'h DOT sha(( be entit(ed to terminate thisAgreement;

*ro"ided that if the Agreement is terminated due to any e"ent other than essee9"ent of Defau(t the *erforman'e e'urity sub7e't to DOTJs right to re'ei"eamounts if any due from the essee under this Agreement sha(( be refunded tothe essee,

POSSESSIONO,PRO@ETASSETS

1.22 Proect *ssets

1)++)1 The *ro7e't Assets sha(( 'omprise the assets des'ribed in Sche3u%e IIand sha((be pro"ided and granted by DOT to the essee under and in a''ordan'e with thisAgreement,

1.23 "ease

1)+.)1 DOT hereby grants to the essee a''ess in a''ordan'e with the terms and'onditions of the Agreement rights in respe't of the *ro7e't Assets whi'h aredes'ribed and de(ineated in

1)+.)+ hereto on $(s #s% basis free of a(( en'umbran'es for imp(ementation of the*ro7e't for the duration of the ease *eriod and for the purposes permitted underthis Agreement and for no other purpose whatsoe"er,

1)+.). t is e)press(y agreed that the (ease granted hereunder sha(( terminateautomati'a((y and forthwith without the need for any a'tion to be ta6en by DOT toterminate the (ease upon the termination of this Agreement for any reasonwhatsoe"er,

*age +.of 54


24/54

1)+.)4 On and after signing this Agreement and unti( the date of termination < e)piry of theAgreement the essee sha(( maintain round-the-'(o'6 "igi( o"er the *ro7e't Assetsand sha(( ensure ade4uate se'urity,

1.24 *ccess to D&'

1)+4)1 The (ease and right to the *ro7e't Assets granted to the essee hereunder sha((a(ways be sub7e't to the right of a''ess of DOT and their emp(oyees and agentsfor inspe'tion and "iewing of the *ro7e't Assets 3 for e)er'ise of their rights andenfor'ement of the ob(igations of the essee under this Agreement,

IMPLEMENTATIONO,PRO@ET

1.25 &+iations prior tocommencement ofImp+ementation

Phase1)+5)1 *rior to 'ommen'ement of mp(ementation *hase the essee sha(( 3

1,2,1 submit to DOT and < or any other offi'ia( < agen'y designated by DOT for thepurpose of monitoring - the detai(ed *ro7e't /p-gradation *(an in'orporating thedetai(ed design and 'onstru'tion time s'hedu(e for 'omp(etion of the *ro7e't as perthe pro"isions of the ease 'um De"e(opment Agreement within C0 days of theissue of the etter of Award by DOT to the essee;

1,2,2 ha"e re4uisite organisation and it sha(( designate and appoint suitab(e offi'ers #se"en& days of re'ei"ing su'h demand fromDOT and any de(ay in ma6ing su'h payment sha(( attra't interest B *rimeending :ate p(us 2M #two per 'ent&,

1.2( tension of imp+ementationmi+estones

1)+)1 or *ro7e'ts where *hase or *hase are app(i'ab(e the essee sha(( 'onstru'tthe *ro7e't a'i(ities in a''ordan'e with the time(ine gi"en, 8owe"er in the e"entmar6et 'onditions 'hange signifi'ant(y impa'ting the "iabi(ity of the *ro7e't theessee sha(( ha"e the right to ma6e representations to DOT for suitab(e e)tensionsin 'hedu(ed *hase < mp(ementation ?omp(etion Date, DOT sha(( 'onsider there4uest of the essee and re"ise the subse4uent 'hedu(ed *hase <

mp(ementation ?omp(etion Date as it deems appropriate, The de'ision of DOT inthis regard wou(d be fina(,

*age +


28/54

MONITORINGO,ONSTRUTION

1.3) uarter+y ProressReport

1).6)1 During mp(ementation *hase the essee sha(( not (ater than > #se"en& days fromthe '(ose of ea'h 4uarter furnish to DOT and any other offi'ia( or agen'ydesignated by DOT for the purpose of monitoring - a report on the progress of themp(ementation or6s and sha(( prompt(y gi"e su'h other re(e"ant information asmay be re4uired by DOT or any other offi'ia( or agen'y designated by DOT forpurpose of monitoring,

1.31 Inspection

1).1)1 During the mp(ementation *hase DOT or any other offi'ia( or agen'y designatedby DOT for the purpose of monitoring 3 sha(( ha"e the right to inspe't the *ro7e't

a'i(ity at (east on'e in si) months and ma6e a report of su'h inspe'tion #the$Ins$ec"#on Re$or"%& stating in reasonab(e detai( the defe'ts or defi'ien'ies ifany with parti'u(ar referen'e to the 'ope of the *ro7e't in'(uding but not (imitedto the inimum De"e(opment :e4uirements, DOT or any other offi'ia( or agen'ydesignated by DOT for the purpose of monitoring - sha(( send a 'opy of thenspe'tion :eport to the essee within > #se"en& days of su'h inspe'tion and uponre'eipt thereof the essee sha(( re'tify and remedy the defe'ts or defi'ien'ies ifany stated in the nspe'tion :eport, u'h inspe'tion or submission of nspe'tion:eport by the DOT or any other offi'ia( or agen'y designated by DOT for thepurpose of monitoring - sha(( not re(ie"e or abso("e the essee of its ob(igationsand (iabi(ities hereunder in any manner whatsoe"er

1.32 De+ays durin imp+ementation

1).+)1 or *ro7e'ts where new 'onstru'tion is re4uired as per this Agreement if DOT orany other offi'ia( or agen'y designated by DOT for the purpose of monitoring -sha(( ha"e reasonab(y determined that the rate of progress of 'onstru'tion for any*hase is su'h that imp(ementation of the *hase under 'onsideration is not (i6e(y tobe a'hie"ed by the 'hedu(ed *hase mp(ementation ?omp(etion Date for theapp(i'ab(e *hase it sha(( notify the essee to this effe't and the essee sha((within 15 #fifteen& days of su'h noti'e by a 'ommuni'ation inform DOT and anyother offi'ia( or agen'y designated by DOT for the purpose of monitoring - in

reasonab(e detai( about su'h steps it proposes to ta6e to e)pedite progress andthe period within whi'h it sha(( a'hie"e ?OD for the gi"en *hase,

1.33 6ideo recordin

1)..)1 During the mp(ementation *hase the essee sha(( pro"ide to DOT e"ery si)months a "ideo re'ording whi'h wi(( be 'ompi(ed into a 0 #thirty& minute 'ompa'tdis' or digita( "ideo dis' as the 'ase may be 'o"ering the status and progress ofimp(ementation in that period,

OMPLETIONERTI,IATE

1.34 Inspection

*age +:of 54


29/54

1).4)1 At (east 15 #fifteen& days prior to the (i6e(y 'omp(etion of ea'h phase of the *ro7e'tthe essee sha(( notify DOT of the same and sha(( gi"e noti'e to DOT re4uesting itto 'ondu't inspe'tion of the *ro7e't a'i(ity by DOT or any other offi'ia( or agen'ydesignated by DOT for the purpose of monitoring, DOT sha(( gi"e noti'e of itsintention to 'ondu't inspe'tion at (east > #se"en& days prior to the a'tua( date ofinspe'tion, urther the essee sha(( arrange inspe'tions of the *ro7e't a'i(ity ina''ordan'e with App(i'ab(e aw and App(i'ab(e *ermits,

1).4)+ DOT sha(( ha"e the right to suspend or postpone any inspe'tion if it is reasonab(yanti'ipated or determined during the 'ourse of the inspe'tion that the design4ua(ity or any other aspe't of the *ro7e't a'i(ity or any part thereof does not meetthe de"e(opment guide(ines for the phase in 'onsideration or is not in 'omp(ian'ewith App(i'ab(e aw or the pro"isions of this Agreement,

1).4). The offi'ia( or agen'y designated by DOT for the purpose of monitoring sha((re'ord resu(ts of the inspe'tion#s& to determine the 'omp(ian'e of the *ro7e'ta'i(ity with the inimum De"e(opment :e4uirements App(i'ab(e aw and

pro"isions of this Agreement,

1.35 %omp+etion%ertificate

1).5)1 or ea'h *hase during imp(ementation DOT or any other offi'ia( or agen'ydesignated by DOT for the purpose of monitoring 3 may at the re4uest of theessee issue a pro"isiona( 'ertifi'ate of 'omp(etion of that *hase #theGProv#s#on(% er"#7#c("eG& if the inspe'tion re"ea(s that the parts of *ro7e't a'i(ityas re4uired under the *hase in 'onsideration 'an be (ega((y safe(y and re(iab(yopened for 'ommer'ia( operation or use though 'ertain wor6s forming part thereofare not yet 'omp(ete, n su'h an e"ent *ro"isiona( ?ertifi'ate sha(( ha"eappended thereto a (ist of outstanding items hereinafter referred to as the *un'hist signed 7oint(y by the offi'ia( or agen'y designated by DOT for the purpose ofmonitoring and the essee, A(( items within the *un'h ist sha(( be 'omp(eted bythe essee within 120 #one hundred and twenty& days of the date of issue of su'h*ro"isiona( ?ertifi'ate, /pon 'omp(etion of a(( a'ti"ities in the *un'h ist to thesatisfa'tion of the DOT DOT sha(( issue a 'omp(etion 'ertifi'ate to the essee'ertifying the 'omp(etion of 'onstru'tion or imp(ementation or de"e(opmenta'ti"ities as app(i'ab(e under the *hase in 'onsideration and that a(( parts of*ro7e't a'i(ity for whi'h the *ro"isiona( ?ertifi'ate had been issued - 'an be(ega((y safe(y and re(iab(y opened for 'ommer'ia( operation or use #the$om$%e"#on er"#7#c("e%& under intimation to DOT, n the e"ent of the esseeJs

fai(ure to 'omp(ete the items in the *un'h ist within the said period of 120 #onehundred and twenty& days DOT may without pre7udi'e to any other rights orremedy a"ai(ab(e to it under this Agreement ha"e su'h items 'omp(eted at the ris6of and 'ost to the essee, The essee sha(( reimburse to DOT on demand theentire 'osts in'urred by DOT in 'omp(eting the items in the *un'h ist,

1).5)+ /pon su''essfu( 'omp(etion of inspe'tions for ea'h phase DOT wi(( forthwithissue to the essee a *ro"isiona( ?ertifi'ate or ?omp(etion ?ertifi'ate for thatparti'u(ar phase as the 'ase may be,

1).5). The essee sha(( bear a(( the e)penses re(ating to a(( inspe'tions under thisAgreement,

*age +of 54


30/54

OMMERIALOPERATIONS

1.3! %ommercia+ &peration Date for

Phases1).)1 A gi"en *hase of the *ro7e't sha(( be deemed to be 'omp(ete when the

?omp(etion ?ertifi'ate for the parti'u(ar *hase is issued under the pro"isions of'(ause and a''ording(y the 'ommer'ia( operations date of the gi"en *hase sha((be the date on whi'h su'h ?omp(etion ?ertifi'ate for the gi"en *hase is issued#/OD8Ph(se I2 /OD8Ph(se II2 or /OD8Ph(se III2 as app(i'ab(e&, The *ro7e'ta'i(ities as re4uired by the inimum De"e(opment :e4uirements under ea'h ofthe *hases sha(( be open for 'ommer'ia( operations on ?OD of that parti'u(ar*hase,

1).)+ ?ommer'ia( operations for a gi"en *hase sha(( 'ommen'e not (ater than the

app(i'ab(e 'hedu(ed *hase mp(ementation ?omp(etion Date for the *hase under'onsideration as (isted in ,

1).). ub7e't to the pro"isions of '(ause 1,2= in 'ase of de(ay in 'ommen'ement of'ommer'ia( operations for any phase un(ess the de(ay is on a''ount of reasonsso(e(y attributab(e to DOT or due to or'e a7eure the essee sha(( pay damagesto DOT 'a('u(ated at the rate of `, 5000 #:upees i"e thousand& for de(ay of ea'hday unti( start of 'ommer'ia( operations of the *hase in 'onsideration is a'hie"ed,

*age .6of 54


31/54

PACMENTS

1.3# 7pfront Payment

The upfront 'onsideration in respe't of *ro7e't Assets #the $ U$7ron" P(*men"%& is

`).1+6666F8,

DOT a'6now(edges the payment of `).1+6666F8#:upees thirty one (a6hs twentythousand on(y& by the essee towards /pfront *ayment on ____________ 2015through DD Bearing +o, ________dated ___________ of ______________ Ban6,This payment wi(( be in the form of a demand draft in fa"our of The Dire'torTourism Department of Tourism F ?u(ture #Tourism& drawn on a s'hedu(ed ban6that is not a !ramin Ban6 and payab(e at Bhubaneswar,

1.3$ *nnua+ "ease Renta+

1).:)1 The annua( 'onsideration in respe't of the *ro7e't Assets o"er and abo"e the/pfront *ayment #the $Annu(% Le(se Ren"(%%& is `).1+666F8#:upees three (a6hstwe("e thousand on(y& for the first year of the ease *eriod, The Annua( ease:enta( sha(( be 'a('u(ated as 10M of the /pfront *ayment,

DOT a'6now(edges the payment of `).1+666F8 #:upees three (a6hs twe("ethousand on(y& by the essee towards the Annua( :enta( for the first yearon___________ 2015 through DD bearing +o ____________dated___________of _______ Ban6, This payment wi(( be in the form of a demand draftin fa"our of The Dire'tor Tourism Department of Tourism F ?u(ture #Tourism&

drawn on a s'hedu(ed ban6 that is not a !ramin Ban6 and payab(e atBhubaneswar,

1).:)+ or the first year the Annua( ease :enta( sha(( be payab(e on the date of signingof the Agreement,

1).:). The Annua( ease :enta( for ea'h subse4uent year sha(( be payab(e in ad"an'eon the anni"ersary of the Appointed Date, n 'ase the essee fai(ed to pay theannua( rent within 15 days from the date of anni"ersary of appointed date interest 1=M sha(( be 'harged per annum for period of de(ay apart from the right toterminate the agreement under ?(ause 1,51 F 1,5 of the agreement,

1).:)4 The Annua( ease :enta( sha(( be es'a(ated e"ery 2 #two& years by the ho(esa(e*ri'e nde) #*& figures de'(ared by the inistry of ?ommer'e !o"ernment ofndia, The reference WPI value used would be the WPI value for the previousfinancial year, or e)amp(e es'a(ation wou(d be 'a('u(ated in the fo((owing way.#figures used for * "a(ue Annua( *ayment for first year are on(y for i((ustrati"epurpose&.

*age .1of 54


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Annua(ease:enta( for

*aymentDate

*"a(ue#i((ustrati"e"a(ue&

ormu(aused for 'a('u(ationof ?A!: of* o"ertwo years

?A!: of * o"ertwo years

ormu(a usedfor 'a('u(ationof es'a(ationof Annua(ease :enta(e"ery twoyears

((ustrati"e "a(ue ofAnnua(ease:enta(

#+:&

1st year-201I

Date ofSigning ofAgreement orearlier

215 - - - 166)66

2015 FirstAnniversary ofAppointedDate

20 - - - 100,00

201 2ndAnniversaryof AppointedDate

+46)5 #2I0,5 3rdAnniversaryof AppointedDate

20 - - - 111,=

201= 4thAnniversaryof AppointedDate

+:6 #2=0,C0


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1>,2,5 The referen'e * "a(ue sha(( be the "a(ue on the website of the inistry of?ommer'e !o"ernment of ndia app(i'ab(e for the (ast finan'ia( year prior to thedate of in'rease of Annua( ease :enta(, or e)amp(e in the abo"e tab(e the *"a(ue 'orresponding for the 2ndanni"ersary of the Appointed Date or 2015 #2I0,5&is the * "a(ue for the inan'ia( Rear 201-1I, This sha(( be app(i'ab(e to a(( *"a(ues 'orresponding to the year in whi'h the Annua( ease :enta( is to bein'reased.

USERARGES

1.3( %o++ection and appropriation of fee

1).)1 The essee sha(( ha"e the so(e and e)'(usi"e right to demand 'o((e't andappropriate tariff #$,ee%& from the tourists #$Users%& using the ser"i'es of the*ro7e't Assets and the *ro7e't a'i(ities for the duration of the ease *eriod or ti((the date of termination in a''ordan'e with this Agreement,

1).)+ The essee a'6now(edges and agrees that upon payment of tariff #$,ee%& any/ser sha(( be entit(ed to use the *ro7e't Assets and *ro7e't a'i(ities and theessee sha(( not p(a'e or 'ause to be p(a'ed any restri'tion on su'h use e)'eptto the e)tent spe'ified in the App(i'ab(e aw App(i'ab(e *ermits or pro"isions ofthis Agreement,

INSURANEOVERAGE

1.4) Insurance durin the"ease Period

1)46)1 The essee sha(( effe't and maintain at its own 'ost during the ease *eriod a((su'h insuran'es for su'h ma)imum sums as may be re4uired under the inan'ingDo'uments App(i'ab(e aw and su'h insuran'es as may be ne'essary or prudentin a''ordan'e with !ood ndustry *ra'ti'e #the $ Insur(nce over%&, The esseesha(( a(so effe't and maintain su'h insuran'es as may be ne'essary for mitigatingthe ris6s that may de"o("e on DOT as a 'onse4uen'e of any a't or omission of theessee during the ease *eriod,

1)46)+ DOT wi(( not be he(d (iab(e for any in'idents or a''idents during the operations ofthe *ro7e't,

1.41 8otice to D&'

1)41)1 The essee sha(( by noti'e furnish to DOT in reasonab(e detai( information inrespe't of the insuran'e that it proposes to a"ai( and maintain not (ater than I5days prior to the 'ommen'ement of mp(ementation *hase, ithin 0 #thirty& daysof re'eipt of su'h noti'e DOT may re4uire the essee to effe't and maintain su'hother insuran'es as may be ne'essary pursuant hereto and in the e"ent of anydifferen'e or disagreement re(ating to any su'h insuran'e the Dispute :eso(utione'hanism under this Agreement sha(( app(y,

1.42 vidence of

Insurance %over

*age ..of 54


34/54

1)4+)1 The essee sha(( from time to time pro"ide to DOT 'opies of a(( insuran'epo(i'ies #or appropriate endorsements 'ertifi'ations or other satisfa'tory e"iden'eof insuran'e& obtained by it in a''ordan'e with this Agreement,

1.43 *pp+ication of

insurance proceeds

1)4.)1 A(( pro'eeds re'ei"ed under insuran'e po(i'ies e)'ept (ife and in7ury sha(( beprompt(y app(ied by the essee towards repair or reno"ation or restoration or re-instatement of the *ro7e't Assets *ro7e't a'i(ity or any part thereof whi'h mayha"e been damaged or destroyed and the ba(an'e remaining if any sha(( beapp(ied in a''ordan'e with the pro"isions 'ontained in this beha(f in the inan'ingDo'uments and *ro7e't Agreements,

1.44 6a+idity of theInsurance %over

1)44)1 The essee sha(( pay the premium payab(e on su'h insuran'e po(i'y #or po(i'ies&so as to 6eep the po(i'y #or po(i'ies& in for'e and "a(id throughout the ease *eriodand furnish 'opies of the same to DOT, 9a'h insuran'e po(i'y sha(( pro"ide thatthe same sha(( not be 'an'e((ed or terminated un(ess 0 daysS '(ear noti'e of'an'e((ation is gi"en to DOT in writing, f at any time the essee fai(s to pur'haseand maintain in fu(( for'e and effe't any or a(( of the insuran'es re4uired under thisAgreement DOT may at its option #but not being ob(iged to do so& pur'hase andmaintain su'h insuran'e and a(( sums in'urred by DOT thereof sha(( bereimbursed by the essee forthwith on demand together with interest thereon at2M o"er B *rime ending :ate per annum from the date the respe'ti"e sumswere in'urred by DOT, essee sha(( within > #se"en& days from the date of re'eipt

of '(aim in respe't thereof sett(e the amount,

1.45 9aiver of suroation

1)45)1 A(( insuran'e po(i'ies in respe't of the insuran'e obtained by the essee pursuantto this arti'(e sha(( in'(ude a wai"er of any and a(( rights of subrogation or re'o"eryof the insurers there under against inter a(ia DOT and its assigns su''essorsunderta6ings and their subsidiaries affi(iates emp(oyees insurers andunderwriters and of any right of the insurers to any set-off or 'ounter'(aim or anyother dedu'tion whether by atta'hment or otherwise in respe't of any (iabi(ity of

any su'h person insured under any su'h po(i'y or in any way 'onne'ted with any(oss (iabi(ity or ob(igation 'o"ered by su'h po(i'ies or insuran'e,

1.4! "essee:s 0aiver

1)4)1 The essee hereby further re(eases assigns and wai"es any and a(( rights ofsubrogation or re'o"ery against inter a(ia DOT and its assigns underta6ings andtheir subsidiaries affi(iates emp(oyees su''essors insurers and underwriterswhi'h the essee may otherwise ha"e or a'4uire in or from or in any way'onne'ted with any (oss (iabi(ity or ob(igation 'o"ered by po(i'ies of insuran'emaintained or re4uired to be maintained by the essee pursuant to this Agreement#other than third party (iabi(ity insuran'e po(i'ies& or be'ause of dedu'tib(e '(auses

in or inade4ua'y of (imits of any su'h po(i'y of insuran'e,

*age .4of 54


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,OREMA@EURE

1.4# ,orce Maeure

1)4


36/54

1.4$ Remedies for ,orceMaeure

1)4:)1 f the essee has at a(( times sin'e the o''urren'e of the or'e a7eure 9"ent'omp(ied with the ob(igations of mitigation as pro"ided abo"e and 'ontinues to

'omp(y with them then the essee sha(( be entit(ed to the fo((owing re(ief.

a& The ob(igations of the essee to the e)tent they are affe'ted sha(( be suspendedfor the period of the or'e a7eure 9"ent;

1.4( Dispute reso+ution

1)4)1 n the e"ent that the *arties are unab(e to agree in good faith about the o''urren'eor e)isten'e of a or'e a7eure 9"ent su'h dispute sha(( be fina((y sett(ed ina''ordan'e with the Dispute :eso(ution e'hanism of this Agreement;

*ro"ided that the burden of proof as to the o''urren'e or e)isten'e of su'h or'e

a7eure 9"ent sha(( be upon the *arty '(aiming re(ief and


37/54

LESSEEEVENTO,DE,AULT

1.5) "essee vent of Defau+t

1)56)1 The fo((owing e"ents sha(( be 'onsidered as e"ents of defau(t on the part of theessee;

a& The essee fai(s to meet the ?onditions *re'edent as spe'ified in ?(ause 1,C;

b& The *erforman'e e'urity has been en-'ashed and appropriated in a''ordan'e with'(ause 1,21 and the essee fai(s to rep(enish or pro"ided fresh *erforman'ee'urity within the period spe'ified in ?(ause 1,21,1;

'& ubse4uent to the rep(a'ement or furnishing of fresh *erforman'e e'urity ina''ordan'e with '(ause 1,21 the essee fai(s to 'ure within a period of #three&months the essee 9"ent of Defau(t for whi'h who(e or part of the *erforman'ee'urity was appropriated;

d& The essee uti(ises the property for purposes other then for whi'h it was (eased out;

e& The essee fai(s to adhere to the Operation F anagement re4uirements and hasfai(ed to remedy the same within 2 #two& months;

f& The essee 'ommits any materia( brea'h or is otherwise in "io(ation of any of itsob(igations < pro"isions under this Agreement;

g& The essee does not pay any or a(( app(i'ab(e ta)es 'harges sur'harges (e"iesand duties whi'h may be (e"ied by any 'ompetent authority with regard toe)e'ution of this Agreement and a(( other *ro7e't Agreements;

h& The essee repudiates the Agreement or otherwise e)presses an intention not to bebound by this Agreement;

i& The essee is in brea'h of the maintenan'e re4uirements in the Agreement;

7& The essee has fai(ed to ma6e any payment to DOT within the period spe'ified inthe Agreement in'(uding annua( (ease renta(;

6& An order is made or a reso(ution is passed for the (i4uidation ban6rupt'y

disso(ution or appointment of a re'ei"er of the essee whi'h is not if 'apab(e ofbeing so dis'harged or as the 'ase may be re"o6ed within #three& monthsthereafter;

(& The essee has 'reated any en'umbran'e on the *ro7e't Assets or *ro7e't a'i(ityin fa"or of any entity sa"e as otherwise e)press(y permitted under this Agreement;

m& Any assets or share of the essee are e)propriated 'onfis'ated 'ompu(sori(ya'4uired or nationa(iKed by any !o"ernment authority entity or agen'y due to ana't or omission of the essee or its shareho(ders;

n& A brea'h of any representation or warranty by the essee whi'h materia((y ad"erse(y

affe'ts the esseeJs abi(ity to perform its ob(igations under this Agreement;

*age .


38/54

o& The essee abandons the operations of the *ro7e't a'i(ity for more than 15 #fifteen&'onse'uti"e days without the prior 'onsent of DOT,

1.51 uspension upon"essee vent of

Defau+t

1)51)1 /pon o''urren'e of a essee 9"ent of Defau(t DOT sha(( be entit(ed withoutpre7udi'e to its other rights and remedies under this Agreement in'(uding its rightsof termination hereunder to --

a& suspend a(( rights of the essee under this Agreement in'(uding the esseeJs rightto 'o((e't tariff and other re"enues pursuant hereto and

b& e)er'ise su'h rights itse(f or authoriKe any other person to e)er'ise the same on itsbeha(f during su'h suspension, uspension hereunder sha(( be effe'ti"e forthwithupon issue of noti'e by DOT to the essee and may e)tend up to a period note)'eeding #si)& months from the date of issue of su'h noti'e,

1.52 D&' to act on eha+fof "essee

1)5+)1 During the period of suspension DOT sha(( on beha(f of the essee run the*ro7e't and 'o((e't the ee under and in a''ordan'e with this Agreement andDOT sha(( be entit(ed to ma6e use of the re"enues 'o((e'ted as abo"e for meetingthe 'osts in'urred by it for remedying and re'tifying the 'ause of suspension,

1)5+)+ During the period of suspension hereunder a(( (iabi(ities in re(ation to the *ro7e't

sha(( 'ontinue to "est with the essee and a(( a'tions ta6en in'(uding e)penditurein'urred by DOT for dis'harging the ob(igations of the essee under and ina''ordan'e with this Agreement and the *ro7e't Agreements sha(( be deemed toha"e been done or ta6en for and on beha(f of the essee and the esseeunderta6es to indemnify DOT for a(( 'osts in'urred during su'h period,

1.53 Revocation of suspension

1)5.)1 n the e"ent DOT re'tifies or remo"es the 'ause of suspension within a period note)'eeding 2 #two& months from the date of suspension DOT sha(( re"o6e the

suspension forthwith and restore a(( rights of the essee under this Agreement,

1)5.)+ n the e"ent the essee 'ures the essee 9"ent of Defau(t within a period note)'eeding #three& months from the date of suspension DOT sha(( re"o6e thesuspension forthwith and restore a(( rights of the essee under this Agreement,

1.54 'ermination

1)54)1 At any time during the period of suspension under this '(ause the essee may bynoti'e re4uire DOT to re"o6e the suspension and issue a termination +oti'e, DOTsha(( within 2 #two& months of re'eipt of su'h noti'e terminate this Agreementunder and in a''ordan'e with '(ause,

*age .:of 54


39/54

1)54)+ +otwithstanding anything to the 'ontrary 'ontained in this Agreement in the e"entthat uspension is not re"o6ed within #three& months from the date ofuspension hereunder as set forth in '(ause 1,53 thisAgreement sha(( upone)piry of the aforesaid period be deemed to ha"e been terminated by mutua(agreement of the *arties and a(( the pro"isions of this Agreement sha(( app(ymutatis mutandis to su'h Termination as if a termination +oti'e had been issuedby DOT upon o''urren'e of a essee 9"ent of Defau(t,

DOT EVENTO,DE,AULT

1)54). The fo((owing e"ents sha(( be 'onsidered as e"ents of defau(t on the part of DOTname(y.-

a& DOT fai(s to meet the ?onditions *re'edent as per '(ause 1,=; or

b& DOT un(awfu((y repudiates or e)presses an intention not to be bound by thepro"isions of this Agreement.

*ro"ided that any of the aforesaid is not 'aused due to a essee 9"ent of Defau(tunder this Agreement or due to the o''urren'e of or'e a7eure 9"ents,

TERMINATIONO,AGREEMENT

1.55 'ermination y D&'

1)55)1 DOT sha(( be entit(ed to terminate this Agreement on o''urren'e of any or a(( ofthe essee 9"ents of Defau(t,

1.5! 'ermination y

"essee

1)5)1 The essee sha(( be entit(ed to terminate this Agreement on o''urren'e of any ora(( of DOT 9"ents of Defau(t,

1.5# 'erminationprocedure

1)5


40/54

1)5


41/54

1)5)+ n 'ase the Agreement is terminated by the essee due to DOT 9"ent of Defau(tDOT sha(( re(ease the /pfront *ayment *erforman'e e'urity for mp(ementation*hase and *erforman'e e'urity for Operations *hase and proportionate Annua(ease :enta(s to the essee without interest,

1.!) 'ermination after Imp+ementationPhase is over

1)6)1 n 'ase the Agreement is terminated due to essee 9"ent of Defau(t DOT sha(( notbe (iab(e to ma6e any payment to the essee, The *erforman'e e'urity forOperations *hase sha(( be forfeited and sha(( be uti(ised by DOT to sett(e anyoutstanding dues and other '(aims of DOT on the essee,

1)6)+ n 'ase the Agreement is terminated by the essee due to DOT 9"ent of Defau(tDOT sha(( re(ease the /pfront *ayment *erforman'e e'urity for Operations*hase and proportionate Annua( ease :enta(s to the essee without interest,

DIVESTMENTSO,RIGTSA,TERTERMINATION

1)6). /pon termination the essee sha(( 'omp(y with and 'onform to the fo((owingdi"estment re4uirements name(y.-

i& De(i"er forthwith the a'tua( or possession of the *ro7e't Assets and *ro7e'ta'i(ity on $(s #s% basis after bringing them to a safe 'ondition free and '(ear of

en'umbran'es;

ii& De(i"er re(e"ant re'ords and reports pertaining to the *ro7e't and its operation andmaintenan'e in'(uding a(( programs and manua(s pertaining thereto andmaintenan'e 'ertifi'ates obtained hitherto as on the date of termination;

iii& Transfer or de(i"er a(( app(i'ab(e *ermits to the e)tent permissib(e under App(i'ab(eaw;

i"& 9)e'ute su'h deeds of 'on"eyan'e do'uments and other writings as DOT mayreasonab(y re4uire for 'on"eying di"esting and assigning a(( the rights tit(e andinterest of the essee in the *ro7e't in'(uding the right to re'ei"e outstanding

insuran'e '(aims to the e)tent due and payab(e to DOT abso(ute(y unto DOT or itsnominee;

"& ?omp(y with a(( other re4uirements as may be pres'ribed or re4uired underApp(i'ab(e aw for 'omp(eting the di"estment and assignment of a(( rights tit(eand interest of the essee in the *ro7e't free from a(( en'umbran'es abso(ute(yunto DOT or to its nominee,

"i& The di"estment of a(( rights tit(e and interest in the *ro7e't sha(( be deemed to be'omp(ete on the date when a(( of the di"estment re4uirements ha"e been fu(fi((edand DOT sha(( without unreasonab(e de(ay thereupon issue a 'ertifi'atesubstantia((y in the form set forth in

*age 41of 54


42/54

v## whi'h wi(( ha"e the effe't of 'onstituting e"iden'e of di"estment by the essee of a((of its rights tit(e and interest in the *ro7e't and their "esting in DOT pursuanthereto,

v### t is e)press(y agreed that any defe't or defi'ien'y in the di"estment re4uirementssha(( not in any manner be 'onstrued or interpreted as restri'ting the e)er'ise ofany rights by DOT or its nominee on or in respe't of the *ro7e't on the footingthat a(( di"estment re4uirements ha"e been 'omp(ied with by the essee,

1)6)4 The essee sha(( bear and pay a(( 'osts in'identa( to di"estment of a(( of the rightstit(e and interest of the essee in the *ro7e't in fa"our of DOT upon terminationsa"e and e)'ept that a(( stamp duties payab(e on any deeds or do'umentse)e'uted by the essee in 'onne'tion with su'h di"estment sha(( be borne byDOT,

1)6)5 The essee sha(( not ma6e any modifi'ations to the *ro7e't Assets or *ro7e'ta'i(ities whi'h 'ou(d ha"e an ad"erse impa't on the operations of or on the "a(ue

of the assets at the *ro7e't a'i(ity during the (ast 5 #fi"e& years of the ease*eriod,

1)6) +o demo(ition of the *ro7e't a'i(ity 3 in part or fu(( 3 sha(( be a((owed during the(ast fi"e #5& years of the ease *eriod un(ess spe'ifi'a((y appro"ed by DOT, n the(ast 5 #fi"e& years of the ease *eriod the essee sha(( not remo"e or 'auseremo"a( of any mo"ab(e assets from the *ro7e't a'i(ity without prior permission ofDOT,

1)6)< The essee agrees that at (east 12 months prior to the e)piry by eff(u) of time ofthe ease *eriod it sha(( 'ause to be 'ondu'ted at its 'ost by an e)pert 3appointed by both *arties on mutua( 'onsent 3 a 'ondition sur"ey and an in"entory

of the entire *ro7e't ite F *ro7e't a'i(ity < Assets, f as the resu(t of su'h sur"eythe e)pert obser"es that the *ro7e't a'i(ities ha"e not been operated andmaintained in a''ordan'e with the re4uirements of this Agreement #o"er andabo"e norma( wear F tear& the essee sha(( at its 'ost F e)pense ta6e a((ne'essary steps to ensure that the *ro7e't a'i(ities are in good wor6ing 'onditionwe(( before the Transfer Date, n the e"ent the essee fai(s to 'omp(y with thispro"ision DOT sha(( itse(f 'ause the 'ondition sur"ey and the in"entory of the*ro7e't Assets F *ro7e't a'i(ities to be 'ondu'ted and remo"e any defe't ordefi'ien'y obser"ed in the sur"ey, DOT sha(( be prompt(y reimbursed by theessee for 'osts in'urred in 'ondu'ting su'h sur"ey preparation of in"entory and'uring of *ro7e't Assets F *ro7e't a'i(ities,

1)6): f the essee fai(s to hando"er the pea'efu( possession of the *ro7e't a'i(itywithin one month of termination DOT sha(( ha"e the right to 'harge for i((ega( useand o''upation of the premises a dai(y amount e4ui"a(ent to 2M #two per'ent& ofthe Annua( ease :enta( payab(e at the time of termination ti(( su'h time thepremises is "a'ated by the essee,

1)6) n the e"ent of any dispute re(ating to the matters 'o"ered by this '(ause theDispute :eso(ution e'hanism of this Agreement sha(( app(y,

TRANS,ERO,PRO@ETASSETSUPONEPIRCO,LEASEPERIOD

1)6)16 On the e)piry of the ease *eriod the essee sha(( hand o"er to DOT free of 'ost

the *ro7e't Assets as on the date of e)piry of the ease *eriod,

*age 4+of 54


43/54

LIABILITC; INDEMNITC

1.!1 enera+ Indemnity

1)1)1 The essee sha(( indemnify defend and ho(d DOT harm(ess against any and a((

pro'eedings a'tions and third party '(aims arising out of a brea'h by essee ofany of its ob(igations under this Agreement e)'ept to the e)tent that any su'h'(aim has arisen due to DOT 9"ent of Defau(t,

1)1)+ DOT wi(( indemnify defend and ho(d harm(ess the essee against any and a((pro'eedings a'tions third party '(aims for (oss damage and e)pense of whate"er6ind and nature arising out of defe't in tit(e and


44/54

1)1)5 n the e"ent that either *arty re'ei"es a '(aim from a third party in respe't of whi'hit is entit(ed to the benefit of an indemnity under this Arti'(e it sha(( notify the other*arty #Gndemnifying *artyG& within 1I #fourteen& days of re'eipt of the '(aim andsha(( not sett(e or pay the '(aim without the prior appro"a( of the ndemnifying *arty- su'h appro"a( sha(( not be unreasonab(y withhe(d or de(ayed, n the e"ent thatthe ndemnifying *arty wishes to 'ontest or dispute the '(aim it may 'ondu'tpro'eedings in the name of the ndemnified *arty sub7e't to the ndemnified *artybeing se'ured against any 'ost in"o("ed to its reasonab(e satisfa'tion,

1.!2 Defence of c+aims

1)+)1 The ndemnified *arty sha(( ha"e the right but not the ob(igation to 'ontestdefend and (itigate any '(aim a'tion suit or pro'eeding by any third party a((egedor asserted against su'h party in respe't of resu(ting from re(ated to or arising outof any matter for whi'h it is entit(ed to be indemnified hereunder and theirreasonab(e 'osts and e)penses sha(( be indemnified by the ndemnifying *arty, fthe ndemnifying *arty a'6now(edges in writing its ob(igation to indemnify the

person indemnified in respe't of (oss to the fu(( e)tent pro"ided by this Arti'(e thendemnifying *arty sha(( be entit(ed at its option to assume and 'ontro( thedefen'e of su'h '(aim a'tion suit or pro'eeding (iabi(ities payments andob(igations at its e)pense and through 'ounse( of its 'hoi'e pro"ided it gi"esprompt noti'e of its intention to do so to the ndemnified *arty and reimburses thendemnified *arty for the reasonab(e 'ost and e)penses in'urred by thendemnified *arty prior to the assumption by the ndemnifying *arty of su'hdefen'e, The ndemnifying *arty sha(( not be entit(ed to sett(e or 'ompromise any'(aim a'tion suit or pro'eeding without the prior written 'onsent of thendemnified *arty un(ess the ndemnifying *arty pro"ides su'h se'urity to thendemnified *arty as sha(( be reasonab(y re4uired by the ndemnified *arty tose'ure the (oss to be indemnified hereunder to the e)tent so 'ompromised or

sett(ed,

1)+)+ f the ndemnifying *arty has e)er'ised its rights under ?(ause 1,1,5abo"e thendemnified *arty sha(( not be entit(ed to sett(e or 'ompromise any '(aim a'tionsuit or pro'eeding without the prior written 'onsent of the ndemnifying *arty#whi'h 'onsent sha(( not be unreasonab(y withhe(d or de(ayed&,

1)+). f the ndemnifying *arty e)er'ises its rights under ?(ause 1,1,5abo"e then thendemnified *arty sha(( ne"erthe(ess ha"e the right to emp(oy its own 'ounse( andsu'h 'ounse( may parti'ipate in su'h a'tion but the fees and e)penses ofsu'h 'ounse( sha(( be at the e)pense of su'h ndemnified *arty when and asin'urred un(ess --

( the emp(oyment of 'ounse( by su'h party has been authorised in writing by thendemnifying *arty; or

0 the ndemnified *arty sha(( ha"e reasonab(y 'on'(uded that there may be a 'onf(i'tof interest between the ndemnifying *arty and the ndemnified *arty in the'ondu't of the defen'e of su'h a'tion; or

c the ndemnifying *arty sha(( not in fa't ha"e emp(oyed independent 'ounse(reasonab(y satisfa'tory to the ndemnified *arty to assume the defen'e ofsu'h a'tion and sha(( ha"e been so notified by the ndemnified *arty; or

3 the ndemnified *arty sha(( ha"e reasonab(y 'on'(uded and spe'ifi'a((y notified thendemnifying *arty either --

*age 44of 54


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# that there may be spe'ifi' defen'es a"ai(ab(e to it whi'h are differentfrom or additiona( to those a"ai(ab(e to the ndemnifying *arty; or

## that su'h '(aim a'tion suit or pro'eeding in"o("es or 'ou(d ha"e amateria( ad"erse effe't upon it beyond the s'ope of this Agreement

*ro"ided that if sub-'(auses #b& #'& or #d& of ?(ause 1,2, sha(( beapp(i'ab(e 'ounse( for the ndemnified *arty sha(( ha"e the right to dire't thedefen'e of su'h '(aim a'tion suit or pro'eeding on beha(f of the ndemnified*arty and the reasonab(e fees and disbursements of su'h 'ounse( sha(('onstitute (ega( or other e)penses hereunder,

MISELLANEOUS

1.!3 overnin +a0 andurisdiction

1).)1 This Agreement sha(( be 'onstrued and interpreted in a''ordan'e with andgo"erned by the (aws of ndia and the 'ourts in Odisha sha(( ha"e 7urisdi'tion o"ermatters arising out of or re(ating to this Agreement,

1.!4 *ssinment and chares

1)4)1 The essee sha(( not assign this Agreement or its rights benefits and ob(igationsto any person sa"e and with the prior 'onsent in writing of DOT,

1)4)+ The essee sha(( not 'reate or permit any en'umbran'e or otherwise transfer or

dispose any or a(( of its rights and benefits under this Agreement e)'ept with theprior 'onsent in writing of DOT,

1.!5 *mendments

1)5)1 This Agreement and the 'hedu(es Anne)ure and Appendi'es thereof togetherwith the Bidding Do'uments and its 'hedu(es Anne)ure Appendi'es andAddenda and other 'ommuni'ation between DOT and the essee 'onstitute a'omp(ete and e)'(usi"e understanding of the agreement terms between the*arties on the sub7e't hereof and no amendment or modifi'ation hereto sha(( be"a(id and effe'ti"e un(ess agreed to by a(( the *arties hereto and e"iden'ed inwriting,

1.!! 'ime

1))1 Any date or period as set out in any ?(ause of this Agreement may be e)tendedwith the written 'onsent of DOT fai(ing whi'h time sha(( be the essen'e,

1.!# %onfidentia+ity

1)


46/54

*ro"ided that su'h dis'(osure .

#a& is re4uired pursuant to any re(e"ant statutory or regu(atory re4uirements orduties or any re(e"ant terms of the App(i'ab(e aw; or #b& re(ates to informationwhi'h is a(ready in the pub(i' domain other than as a resu(t of brea'h of this'(ause by the essee,

1.!$ 8o partnership

1):)1 +othing 'ontained in this Agreement sha(( 'onstitute or interpreted as 'onstitutinga partnership between the *arties, +either *arty sha(( ha"e any authority to bindthe other in any manner whatsoe"er,

1.!( 'hird parties

1))1 This Agreement is intended so(e(y for the benefit of the *arties and their respe'ti"esu''essors and permitted assigns and nothing in this Agreement sha(( be

'onstrued to 'reate any duty to or any (iabi(ity to any person not a *arty to thisAgreement,

1.#) "anuae

1)


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1.#4 Immunity to D&'

1)


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SEDULEI 8 LETTERO,AWARD

Government of Odisha

Department of Tourism & Culture

Tourism!

""""

#o.$$$$$$$$$$$$$$$%TSM hu'anes(ar Date)$$$$$$$$$$$

T* Cord*++!*-%/

0rom

Sri A. K. Tarenia, +AS

Director & Additional Secretary to overnmentDepartment of Tourism & Culture !Tourism)

Government of Odisha

To

A. Samantaray,

Tikirasahi,

Dist*Koraput

Su') +ssue of 1etter of A(ard for the up2radin2 % developin2, operatin2, maintainin2,

mana2in2, share and transfer of the Tourism A33ommodation 4nit at TC Koraput

") # am directed to inform you that the upfront premium of $s. %"'((((* !$upees

Thirty one +a,h Twenty Thousand) only offered by you in the tender for the -rant of

ri-hts to up-rade develop operate maintain mana-e share and transfer of the

Tourism Accommodation Unit at TC oraput has been accepted.

5! The acceptance of your /id is sub0ect to the followin- condition and e1ecution of the

+ease cum Development A-reement.

a. Acceptance of draft +ease cum Development A-reement which has been uploaded on

the website www. orissatourism.-ov.in

b. 2ou are re3uested to deposit a sum of $s. %"'((((* !$upees Thirty 4ne +a,hs

Twenty Thousand) only in shape of DD drawn in favour of Director Tourism payable

at /hubaneswar as payment towards Up*front fee as per the financial bid on or before

si-nin- of the +ease cum Development A-reement.

c. 2ou are re3uested to deposit a sum of $s.%"'(((* !$upees Three +a,hs Twelve

Thousand) only in shape of DD drawn in favour of Director Tourism payable at

/hubaneswar as payment towards Annual +ease $ental for the first year as per the

*age 4:of 54


49/54

terms in the $F5 document on or before the date of si-nin- of the +ease cum

Development A-reement.

d. 2ou are re3uested to deliver the 5erformance Security amountin- to $s.6((((*

!$upees Fifty Thousand) only in shape of a ban, -uaranteeD.D in favour of TheDire3tor Tourism, Department of Tourism & Culture Tourism! payable at

/hubaneswar for #mplementation 5hase on or before the date of si-nin- of the +ease

cum Development A-reement.

e. For uniform brandin- property shall be named as 76A6AA78 with +o-o of 4disha

Tourism & caption 7A Unit of 4disha Tourism8.

%) Further please note that in the event of any one or all followin- events of default the +etter of

Award shall stand cancelled.

a. The aforesaid payments of $s. %"'((((* !$upees Thirty one +a,h Twenty Thousand) onlyas Upfront fee $s %"'(((* !$upees Three +a,h Twelve Thousand) only as advance

Annual $ental for first year and performance security $s.6((((* are not received within

the stipulated period i.e. on or before$$$$$$$$$$$$$ !unless otherwise e1tended by D4T)9

or and

b. 2ou have not entered into the +ease cum Development A-reement by $$$$$$$$$$$9 your

/id shall automatically stand cancelled and the /id Security of $s.6((((* !$upees Fifty

Thousand) only provided by you shall stand forfeited without any notice.

:) 2ou are re3uested to submit the followin- documents before the si-nin- of the

a-reement;

a. Certificate of incorporation in case of companies firm re-istration in case of

re-istered firm identity proof in case of individuals.

b. Detail address of the re-istered office in case of companies place of wor,business

in case of re-istered firm permanent address & proof thereof in case of individuals.

Detail address shall include police station telephone number etc.

c. Copy of 5A


50/54

As per the provisions of the $F5 please si-n and return the duplicate copy of the +oA within "6 days

of the receipt of the +oA.

2ours Faithfully

Additional Se3retary to Govt

*age 56of 54


51/54

SEDULEII = PRO@ETASSETSTo 0e #nser"e3 (7"er @o#n" Ver#7#c("#on (n3 h(n3over (n3 "(?en over)

*age 51of 54


52/54

SEDULEIIIH PASE8WISEMINIMUMDEVELOPMENTREUIREMENTS

PASE I = A$$%#c(0%e 7or (%% $ro$er"#es

+ame of *roperty inimum De"e(opment:e4uirement for *hase

'hedu(ed *hase mp(ementation ?omp(etion Date

A(( the *roperties /pgradation F Operationof e)isting fa'i(ities

months from Appointed Date

PASE II = A$$%#c(0%e 7or (%% $ro$er"#es here "o#%e"s 3o no" es"

+ame of *roperty inimum De"e(opment:e4uirement for *hase

'hedu(ed *hase mp(ementation ?omp(etion Date

A(( the *roperties wheretoi(ets do not 'urrent(ye)ist

?onstru't two separate'ommon toi(ets 3 one for(adies and one for gents

1 year from Appointed Date

*age 5+of 54


53/54

Sche3u%e IV

VESTINGERTI,IATE

.89.- DOT represented by Dire'tor Tourism DOT refers to the ease 'um De"e(opment

Agreement dated _________________2015 #the $Agreement%& entered into

between DOT and Mr. A. Samantaray #the $essee%& for /p-gradation

Draft LDA for T.C. Koraput

Documents

Transcript of Draft LDA for T.C. Koraput