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Annexure 1 - Agreement A2B ULLUNDURPET-compressed
Annexure 1 - Agreement A2B ULLUNDURPET-compressed
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THISAGREEMENT made at
^'^
n chennai,thisL3 dry of April 202L between
AND
H
B. ADYAR ANANDA BHAVAN SWEETS INDIA PRIVATE LIMITED, a company
incorporated
,)
il under companies Act. 1956 and having its
registered office at No. 9, M.G.Road, Sastri Nagar,
Adyar, Chennai 600 020, hereinafter referred to as the "Licensee" (which expression
shall
unless excluded by or repugnant to the context mean and include its
successors and assigns)
f;
ofthe OTHER PART.
g
FoT ADYAR ANANDA BHAVAN SWEE,
\./'ffi
tNDtA PRTVATE LrMtTEp
fl
The l-icensors and the l'icensee
are hereinafter coilectivery
ref-erred ro as..parties,,
WHEREAS:
-[he
Licensors arc thc absolute
ownc'r ol'and/or wcll and
suflfrcientry entitred to the possession
of the retail of.the premises
outlet (hereinafier Ro) located
at Sengurichi viilage, tJrundurpet, Kalrakurichi
adnreasuring lg-s6g9 sq. ft.
District
2. DEFINITION
3. TERM
BtIARA f
PI:l'ROt.t,UM CORpORAT.tON Ll.t)
No. l. RAN(IANA'IHAN CARDITNS
off.lt'h MAtN ROAD. ANNANAGAR (West)
cHENNAT 600 040
xiOr,rrO}AR
JNDTA
AIVANDA BFIAVAN bli.,IEE
pRtvATe urrliir(--'
i
5. RIGHl"S AND OBLI(;A]'IONS
OT'THI' LICENSET]
5'l' The l''icensee shall carry out
temporary renovations to the
Reslaurant Area at its own expenses
discretion and prior written subject to
consent of BPCL. 'I'he [,icensee
shall, carry out the minor repairs
mainlenance work such as electrical, and routine
plurnbing, carpentry during
the term of this Agreement
without altering the RCC structure at its own costs
and permancnt fittings and fixtures. '['he
r.icensee shail carry out a, the
interior works at theirown costs.
as per written approvar of the
Licensor.
5'2''fhe [Jntire operation ol'thc Restaurant
Area would be whoily managed
by the L.icensee at its own cost and
all expenses relating l. running of such
business which shall include but
not limited to procurement of
tnatcrial and ingredicnts rcquircd'
water to be used in the ricensed
premises, power back-up, paying
electricity bills' enrploving ctlst sutllcient of
number olsuitable, rrained and
cornpetent staff fbr, arranging and
paying for operational atnenities'
taking care of supervision, management
and contror of staff for providing
such services' All such cmployed
statfs shallat all times be treated
as emproyees of the Licensee
be ensure that that such employed and it sha,
stafft do not nrake any warranties
or comrnitments the Licensor.
For .ADYAR.ANAN DA
tsHAV,AF! .:, *dfi F
-NrvrtlE
x ,NDIA pR liriiifir
tvATe I-lMl tII.;\_
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t r *\-./
hr-- r
6, REPRT]SI]NTAT'IONS OI.'
THT' LICENSORS
6' l' 'l-he ['icensors
arc the absolute owner ol'and/or
wcll and sufficientry entitred to
the possession of the premises
of the retail outlet' No other person
has clairred or is cntitled
to make any crairr to the said
and the I-icensors are enlitlcd Licensed premises
to off'er thc said Premises on
leave and ricense basis to the
use as offlce without any
I-icensee herein fbr
hindrance whatsoever.
6'3 The l'icensor shall' provide the structurc fbr the licensed prerrrises,
pyron signage for the Licensee
the entrance 01'the RO in addition put up at
to the regular signage, take a separate
EB connection fbr the ricensed
prernises with expenses being
borne by l-icensee install necessary
equipment in the Restaurant Area
attend to the equipment in case and
of any rnalfunction or designate a person
for the same, keep the Restaurant
Area in good and substantial nlaintenance.
repair and condition so as to render
it wind and water tight and
safb fbr habitation and proper use
thereot. providc space fbr instailation
of effective signage at one prominent
place outsidc thc Rcstauratlt
area in its premises along with
that of itselland all other Business
conductors
on thc site to ensu.e pubric notice
and fbr visibirity of the Restaurant.
O/ 'r'ffi
lHDIA PRIVATE LIMIT
7'6 The Licensee shall not
'srant any sub-licenses or part with possession
Agreement to any othcr party of or transfbr the benefit of this
or person.
9' l'l lf the t'icensee commits a breach of any of the terms and conditions
set out in this Agreement.
9'l '2 lf the Licensee fbils to pay any amount payable
to the L.icensor within the time period stipulated
under this asreement for the sarne.
9' l'3 llthc l'iccnsee cotnntits any act or perrnits any other person to do any act which is in
the opinion
ol the Licensor' Pre.iudicial to the interest of the said prenrises
andlor the Licensor and /or
persons availins the products and
scrvices rendered frorn the I-icensed premises
and/ or the
Rcrail Outlc.t.
IO EXCLUSIVITY
As both the l-icensor and the Licensee would
be spending considerabre sums in
advertisements and/or promotionar
activities and in the sprit olthe relationship'
this Agreement wourd be excrusive to
Bpct. vis-ii-vis other oir companies
within a radius of'threc kilorretres lionr the
Retail Outlet.
I l'2' ln the event thc arbitrator being unable or refusing to act for any reason
whatsoever, the Director
(Marketing) BPCL shall designate another
offlcer of BPCI, to act as an arbitrator in accordance
with the
terms of this agrecmcnt''rhe arbitrator newly
appointed shall be entitled to proceed with the reference
fiom
the point at which it was left by his predecessor.'[he
Award shall be made in writing. The law applicable
to such proceedin-qs will be the Arbitration and Conciliation
Act, 1996 or any other enactment in
replacenrent thc'reol.
For ADYAR,Ary{N0A
tsHAVAN
:iiifE,
x iNDtA PR|VATE LtMiit .
w'ff
I2. COMPLT]TENI'SS
14. NOTtCrl
S( 1il,t)ULt, .A'
St.l{,DUt.l,,B'
S('lt[,Dt]t.L.C,
((
It's Constituted Attorney
Through Shri....
A.
B.
I'ABI,I: I
l2rl' rrronth
200000
)4rl'ntonth
200000
36tl'month
fA Ill.E B
.14,r,
13,1, ___ ,ronrn
ANNEXURE II
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Furn iture:
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ANNEXURE III
CERTIFICATE OF SAI-I]S
STORE NAMf::
LOCATION:
Le ss: Dtsc.<tuNr s
SALES
Thanking you
FoT ADYAR ANANDA BHAVAN SWEETS
AND SNACKS
Authorized Signatory
Date:
Place:
--_
.. Lrceuson
AND