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14. Either party may terminate this agreement if the other party becomes bankrupt or
insolvent.
15. This agreement shall be governed by and constructed in accordance with the laws of
India.
16. If any dispute arises between the said parties then in such case it shall be subjected to
jurisdiction of the Lucknow.
17. The parties shall treat all the terms of the agreement and information furnished by the
other party confidential.
18. Neither party shall be in default under this agreement by reason of its failure or delay
in the performance of its obligations (except in respect of payment due hereunder) if
such failure or delay is caused by act of God, Government laws and Regulations,
Strike, War or any other cause beyond its control and is without its fault or
negligence.
19. All amendments to this agreement shall be effective only if made in writing and
mutually agreed by both the parties.
20. During the period of agreement if any new Act, Rule, Registration and Order come
into force, which is applicable, the parties will be duty bound to implement the same
without delay.
21. If any provision in this agreement is void or unenforceable that provision will be
severed and rest of this agreement will remain in full force and effect.
22. All notices, requests, demands, and other communication made or given under the
terms of this agreement or in connection herewith shall be in writing and shall be
either personally delivered, transmitted by postage pre-paid registered mail (airmail if
international) or by fax or by email (confirmed in writing by postage pre-paid,
registered mail airmail if international) and shall be addressed to the appropriate party
at the appropriate address.
23. This agreement constitutes the entire, final and concluded agreement between the
parties. It replaces, if any, previous arrangements, correspondence, tenders,
representations, proposals, understanding and communications whether oral or in
writing.
In WITNESS WHEREOF the parties hereto have caused this AGREEMENT to be duly
executed and delivered as of the day of year first above written.
For and on behalf of SELLER
Signature: .
Signature: .
Name: ...
Name: ..
Witnesses:
1. Name: ..
Designation: ..
2. Name:
Designation: ..