Memorandum of Understanding

This MoU is made and entered as on / /2013 between Strive India Education Foundation, a Section 25 Company
registered under the Companies Act of 1956, having its registered office at 501, Tower No.5, Planet Godrej, Keshavrao
Khade Marg, Byculla (West), Mumbai 400011, Maharashtra, India.

AND

Ananya Manpower Solutions Pvt. Ltd.

2nd Floor, #202 Unitech City Center, M.G. Road, Panaji, Goa - 403001

WHEREAS Strive India Education Foundation runs an Institution in the name of Universal Business School offering
technical education in Management.

AND WHEREAS Strive India Education Foundation provides success based fee for supporting its marketing activities to
pre-identified education counsellors of repute.

AND whereas Ananya Manpower Solutions Pvt. Ltd. provides the following services:

1) Enrolment of students for BBA/MBA education at Universal Business School, Karjat

2) Supports Universal Business School’s endeavour to project itself as as finishing school for under graduate and
post graduate courses in business administration and

3) Placement of students who have completed their BBA/MBA courses at Universal Business School, Karjat

NOW THIS MOU WITNESSES AND THE PARTIES HERETO AGREE AS FOLLOWS:

I. TENURE: This agreement shall have deemed to commence w.e.f. / /2013 and shall be enforced till
31/12/2014

II. TERM AND CONDITIONS:

a. Strive India Education Foundation will pay all inclusive consolidated amount of
Rs. 50,000/- (Rupees Fifty Thousand only) for every student who is selected, joins Universal Business
School and pays the full year fees without any cancellation request.

b. The amount payable to you is subject to TDS as may be applicable.

c. Please note that the student must indicate your name in the application form under “References section”
for you to be eligible for counting student as identified and counselled by you.
d. The total amount due to you would be paid once the academic session is started and student has paid the
full fee without any cancellation request.

e. Please indicate on which name the payment has to be made

_______________________________________________________________________________

f. For the services rendered by Ananya Manpower Solutions Pvt. Ltd. in getting under graduate and
post graduate students to be admitted at Universal Business School, Karjat for upgrading their skills and
preparing them for interviews and supporting their efforts to find internships/full-time assignments, they
will get a fee of Rs. 5,000/- per student. The fees chargeable by Universal Business School, Karjat to
these students will be Rs. 30,000/- p.m. as academic fees and Rs. 17,500/- p.m. as hostel/meals
expenses. It is expressly clarified that the finishing school batches will consist of minimum 30 BBA or
MBA students and will spend 3 months at Universal Business School, Karjat

g. It is expressly agreed between the parties that Universal Business School, Karat will not be required to
pay any service charges to Ananya Manpower Solutions Pvt. Ltd. for the placement of their students
either as Interns or in full-time assignments with corporates.
FOR STRIVE INDIA EDUCATION
FOUNDATION

SIGNATURE WITH SEAL

NAME: GURDIP SINGH ANAND

DESIGNATION: CHAIRMAN & MANAGING

DIRECTOR

FOR Ananya Manpower Solutions Pvt. Ltd.

SIGNATURE WITH SEAL

NAME: Mr. Vighnesh Apte

DESIGNATION: CEO

MOBILE NOS. / CONTACT NOS.: 09822389819

EMAIL ID: vighnesh@ananya.asia

ADDRESS: 2nd Floor, #202 Unitech City Center,

M.G. Road, Panaji, Goa - 403001