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Signed Grant Agreement For USD 10 M - 08042024
Signed Grant Agreement For USD 10 M - 08042024
This Grant Agreement contains the terms on which grant funding is being provided to the
Donee for INVESTMENT in their Software & IT Projects aimed to improve the quality of
life for those people (woman, children, elders’ being priority beneficiaries) currently living in
poverty in the whole world namely but not limited to the following sectors: Energy, Drink
Water, Healthcare, Formal Education, Rural Electrification, Vocational Training for Job
Qualification, Agriculture, Leisure facilities for youth. Furthermore, this grant must be used
for the purpose identified above, as described in the Donne’s proposal and related
correspondence, and may not be expended for any other purposes without the Donator’s
prior written approval.
Whereas the Donator hereby declares under penalty of perjury that the Cash Funds will be
good, clean, clear, and free of non-criminal origin, and will be free and clear of all liens,
encumbrances and third party interest, without any traces of illegality or unlawfulness
whatsoever.
Moreover, the Donator will monitor the progress of the Project throughout the Funding
Period and reserves the right to carry out Evaluation Visits.
Payment of $10,000,000.00 (Ten million dollars) will be made to the following bank
account:
Fund Utilisation in Percentage
%40 to Sender / Donar Projects
%60 to Receiver / Donee Projects
FROM SENDER
RECEIVER or “DONEE”
SIGNATURE:
Receiver Name: Kalinda Infotech Solution Pvt Ltd
Represented By Mr. Vipin VV
Passport No. V5710004
Country of Issue INDIA
Date of Issue 20-12-2021
Date of Expiry 19-12-2031
Date 25-03-2024
RECEIVER PASSPORT
EDT (Electronic document transmissions) shall be deemed valid and enforceable in respect of any provisions of this Contract. As
applicable, this agreement shall be: Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global & National Commerce Act’’
or such other applicable law conforming to the UNCITRAL Model Law on Electronic Signatures (2001)
ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000) adopted by the United Nations Centre for Trade
Facilitation and Electronic Business (UN/CEFACT).
EDT documents shall be subject to European Community Directive No. 95/46/EEC, as applicable. Either Party may request hard
copy of any document that has been previously transmitted by electronic means provided however, that any such request shall in no
manner delay the parties from performing their respective obligations and duties under EDT instruments. Required message “The
remitter is known to us. This is done with full banking responsibility and we are satisfied as to the source of funds sent to us.”