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AGREEMENT DEED

This agreement is made at Delhi on this __ day


of August 2013, in between (1) Ms. Hunny D/o Sh.
Prem Wadhwa R/o A-14, Hathi Khana, Delhi-06,
hereinafter called the first party.

AND

Manoj Kumar S/o Late Sh. Ram Chander R/o S-133-134,


Gandhi Vihar, Delhi-9, hereinafter called the
second party.

Which expression shall mean and included unless


repugnant to the context, heirs, legal
representatives, executors, administrators,
successors and assigns of the parties above named.

Whereas the 1st party is having a shop bearing


no.A-43, Akhara Kutub Road, Delhi-06 in which 1 st
party running her business of Decoration articles
etc being its sole proprietor.

Whereas the 2nd party has approached to 1st


party and shown his desire to run the said business
at the said shop of 1st party on contract basis.

And on the following terms and conditions has


been settled in between the parties:

NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:-

1. The 2nd party shall operate/run the said


business of 1st party from the said shop of the
1st party and for this 2nd party shall pay
Rs.1000/- (rupees one thousand only) per day to
1st party against receipt.
2. The daily expenses of the shop that i.e.
electricity, water, tea, rent etc etc shall be
borne separately only by the 1st party.
3. That the 1st party shall have no concerned
whatsoever of any nature with purchase and sell
of business items or its profit and loss by 2 nd
party and the 2nd party shall pay rupees one
thousand only daily without committing any
default. In case of three consecutive default
of 2nd party in making daily payment as stated
above, the 1st party shall have every right to
cancel/terminate the above said contract and
1st party shall take over the said business
under her charge/hand and 2nd party shall not
raise any objection upon it.
4. That above said contract is only for a limited
period of 11 months which has been started from
August 2013 and end by 30.06.2014. Any party to
this agreement can cancel/terminate present
agreement/ contract by sending one month
advance to other party of the present
agreement.
5. That any dispute in between in the parties
shall be referred to the sole arbitrator namely
Sh.Ram Kumar Dua, who has been appointed by
both the parties mutually with their own free
consent.
6. That the present agreement have been read over
and explained to both the parties of the
present agreement in vernacular and both the
parties after fully understanding the same put
their hands out of their sweet will, without
any pressure, duress, coercion, undue influence
from any concern.
In witnesses whereof all the parties of
the present agreement have signed and thumb
marked this agreement on the date and time
mentioned above in presence of the following
witnesses:-

WITNESSES: 1. FIRST PARTY

1.

2. 2. SECOND PARTY

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