Catering Agreement with an Establishment
| Updated at | September 2010 |
This Agreement is made on this_______ day of __________
Between
__________________ a company registered under the Companies Act, 1956 and having its registered office at__________________________ hereinafter referred to as "the Company" (which expression shall unless repugnant to the context or meaning thereof include its authorised representatives, successors and assigns) of the one part
And
M/s _________________, a Partnership firm having its principal office at __________ hereinafter referred to as "the Caterer" (which expression shall unless repugnant to the context or meaning thereof include the partners for the time being or any change thereof, their heirs, executors, administrators, legal representatives and assigns) of the other part.
Whereas
-
The Company is looking for a caterer to run a canteen for its employees at its premises and for that purpose has published an advertisement in a local newspaper.
-
In response to the said advertisement, the Company received proposals from various parties and has agreed to permit M/s _____________ as the Caterer to manage and run the canteen as aforesaid on the terms and conditions hereinafter appearing.
Now it is Hereby Agreed between the Parties hereto as Follows:--
1. Term of Agreement
The Company hereby permits the Caterer to run and manage the canteen for its employees at its premises for a term of ______ years from the date hereof.
This contract shall commence from the day of ____________ and shall remain in force for a period of two years ending on the day of subject always to the condition that AB may at his option and on giving thirty days notice in writing of his intention to do so, terminate the contract without assigning any reason therefor and without payment of any compensation.
2. Consideration
The Caterer shall, for the permission granted under this agreement, pay the Company a sum of Rs.______ per month which shall be payable in advance on or before the ___th day of each month. If however, the Caterer fails to make the said monthly payment within the period specified here in before, he shall be liable to the Company interest @ ____ p.a. on the outstanding amount.
3. Assignment
The Caterer shall not assign or in any other manner make over the rights under this agreement to any other person unless it has obtained the consent in writing of the Company.
4. Menu and Rates
The Caterer shall supply to the employees good and wholesome food according to the menu as...
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