Consultancy Agreement

This Consultancy Agreement (“Agreement”) is on _________ (effective date), by and

between

_____________, with its address at _____________[address], “Consultant”.

And
________________, a company registered under the laws of India, with its registered
readdress at ___________[address], represented by _______________, ___________,
hereinafter referred to as “Company”;
Consultant and Company are individually referred to as the “Party” and collectively referred
to as the “Parties”.

WHEREAS, the Company is engaged inter alia in the business of ________.

AND WHEREAS, the Company from time to time need to procure various goods and
services for the running its operations;
AND WHEREAS, the Consultant is in the procurement consultancy and advisory services
and the Company has approached the Consultant to help the Company out in the selection
and finalization of vendors for various goods and services;
AND WHEREAS, the Consultant has agreed to provides such consultancy services to the
Company;

NOW THEREFORE, in consideration of the mutual agreements herein contained, the parties
hereto agree as follows:

1. Purpose: The purpose of this Agreement is to establish the terms and conditions under
which the Consultant will act as a procurement consultant for the Company to find suitable vendors
for its business requirements.

2. Engagement: The Company engages the Consultant to act as its exclusive procurement
consultant to identify, evaluate, and introduce potential vendors to the Company. The Consultant
shall exercise reasonable efforts and due diligence to find vendors that meet the Company's
specifications and requirements.

3. Consultancy Fees: In consideration for the services provided by the Consultant, the Company
shall pay the Consultant a Consultancy Fee for successful vendor introductions that result in a
contractual agreement between the Company and the introduced vendor. The Consultancy Fee shall
be [insert commission percentage or amount] of the total value of the contract between the
Company and the vendor, each event. The Consultancy Fees shall be exclusive of applicable taxes.

4. Invoicing and Payment: The Consultant shall raise an invoice after a contract is signed
between the Company and a successful vendor and the Company shall make the payment of an
invoice so raised within [insert days] of the date of an invoice.

5. Vendor Introduction: The Consultant shall provide the Company with detailed information
about each potential vendor, including but not limited to their qualifications, capabilities, products,
services, pricing, and any other relevant information necessary for the Company's evaluation. The
Consultant does not guarantee the performance or quality of the introduced vendors but will use
reasonable efforts to ensure the accuracy of the information provided.

6. Non-Circumvention: The Company agrees that during the term of this Agreement and for a
period of [insert duration, e.g., one year] after its termination, it shall not directly engage, contract,
or otherwise do business with any vendor introduced by the Consultant without the Consultant's
written consent. In the event of a breach of this provision, the Company shall be liable to the
Consultant for an amount equivalent to amount as if the introduction had resulted in a successful
contractual agreement.

7. Confidentiality: Both Parties agree to maintain the confidentiality of any proprietary or

confidential information exchanged during the course of this Agreement and not to disclose it to any
third party without the express written consent of the other Party, except as required by law.
Information shall only be considered to be proprietary or confidential only if marked or identified as
such at the time of disclosure.

8. Term and Termination: This Agreement shall commence on the effective date and shall
remain in effect for a period of [insert duration, e.g., one year], unless terminated earlier by either
Party upon [insert notice period, e.g., 30 days] written notice. The termination of this Agreement
shall not affect the rights and obligations of the Parties with respect to vendor introductions made
prior to the termination date.

9. Governing Law and Jurisdiction: This Agreement shall be governed by and construed in
accordance with the laws of Republic of India. Any disputes arising out of or in connection with this
Agreement shall be resolved exclusively by the courts of [insert jurisdiction].

10. Entire Agreement: This Agreement constitutes the entire understanding and agreement
between the Parties with respect to its subject matter and supersedes all prior discussions,
negotiations, and agreements, whether oral or written.

IN WITNESS WHEREOF the parties hereto have caused this instrument to be signed in their behalf by
their respective officers thereunto duly authorized, and their respective seals to be hereunto affixed,
all as of the date written above.

Consultant

Company