ON STAMP PAPER有情无爱
MEMORANDUM OF UNDERSTANDING
On this………Aug2014,THIS MEMORANDUM OF UNDERSTANDING(hereinafter referred to as‘MOU’)is made and executed BY AND BETWEEN,XXX……………incorporated under the Chine Companies Laws,having its Office at……………………………………, (Hereinafter referred as"XXX").word方框打钩
AND
XXX,incorporated under the Indian Companies ACT1956,having its office at…………………………………………….(Hereinafter referred as“XXX”).
WHEREAS“XXX”has experience&experti in manufacturing of various types of Wind Energy &Hybrid Solutions and is a well established company in this field.
WHEREAS“XXX”is a company established in India and Specializes in integration of various Specialized Systems including Solar,Wind and Hybrid Energy Solutions.
AND WHEREAS both the parties are prently desirous to associate with each other to enable “XXX”to reprent“XXX”in India and to market all“XXX”wind energy related products in India.
AND WHEREAS,both the parties,accept liability for discharging all obligations under their specific scope as agreed to,in this MOU.
过年画怎么画AND WHEREAS both the parties here to agree as follows:-
“XXX”SCOPE
To permit opening of an Indian office in the name of XXX India(P)Ltd to enable better acceptance,visibility and effective marketing of“XXX”products.
The expens for running of the Indian office will be borne entirely by“XXX”.
“XXX”will give exclusive marketing rights initially to“XXX”for a period of5years;
however in ca“XXX”is not able to generate business for at least…………number turbines in the first2years,the exclusive marketing rights can be terminated by“XXX”at their discretion.
“XXX”will provide all assistance to“XXX”in terms of pamphlets,technical literature and assistance as required on a ca to ca basis.
“XXX”will provide sample systems on loan basis,if required to enable demonstration of the system in India during the non conventional energy Exhibition in Sept2015.However cost for taking stall in the Exhibition will be to“XXX”account only.
武当山住宿“XXX”will pay a marketing fee to“XXX”of……….%(………percent)of sale price of all orders obtained by“XXX”from India.
“XXX”will provide the best possible pricing to enable effective marketing by“XXX”.
To provide all rvices,as and when needed,on suitable and agreed commercial terms.
“XXX”SCOPE
“XXX”will t up the marketing office in the name of XXX INDIA(P)LTD in India at their own cost.
“XXX”will market only“XXX”products in India and all expens related to marketing will be borne by“XXX”.However visits to India,if required by“XXX”will be borne by “XXX”only.
“XXX”will also act as co-ordinator between“XXX”and the end customer for effective commissioning,after sales support,etc.
责任的事例“XXX”will maintain full confidentially and not disclo technical details except tho required for marketing purpos.
Each Party will appoint a reprentative to supervi and coordinate its performance of its obligations under this agreement.
Whereas“XXX”will ensure that no patent rights are infringed in the sale of its products through “XXX”and will defend or help to ttle any claim against“XXX”and its Customers,in respect of the equipment provided by“XXX”.
The payment terms and a detailed work share between the two companies(to clearly earmark the specific task to be performed by each party)shall be decided and agreed to mutually between the two parties from time to time,on ca to ca basis for each Project.
奥林匹斯众神Each party agrees to execute a Non-Disclosure agreement on signing of this MOU.
爱的微笑This agreement is on mutually exclusive basis for an initial period of5years subject to generation of business by“XXX”in favour of“XXX”as enumerated earlier in this MOU.
芭比妆.For XXX……….............…….. AUTHORISED SIGNATORY AUT
HORISED SIGNATORY
