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Consultancy Agreement (another format)

Document Cited in Related
Updated atMarch 2010

THIS CONSULTANCY AGREEMENT (the "Agreement") is entered into on this...... day of...................., 20.....

BETWEEN.............................., a Company organised and existing under the laws of..............(a Foreign country) and having its registered office at...................., through its Chief Executive Officer Mr..................... (hereinafter called " _____" which expression shall, unless repugnant to the meaning or context hereof, bedeemed to include its successors and permitted assigns), of the FIRST PART;

AND

................................., a company duly incorporated under the Companies Act, 1956 and having its registered office at...................., India, through its authorised signatory Mr. ....................(hereinafter referred to as "CONSULTANT" which expression shall, unless repugnant to the meaning or context hereof, be deemed to include its successors and permitted assigns), of the SECOND PART.(____ and Consultant are collectively referred to as "Parties" and individually as a "Party").

  1. WHEREAS, (A) a registered society set up by the Government of India (B) in furtherance of its plan to enter into the field of .........Services along with Department of .........has floated a global tender ("Tender") inviting vendors for undertaking survey, planning, design, supply of equipment, installation, testing, commissioning and handing over the systems on a turnkey basis;

  2. WHEREAS,....................(name) Limited, a company duly incorporated under the Companies Act, 1956, having its registered office at ...................., India, (" ......"), is engaged in the manufacture and marketing of the telecommunication equipment including________ and has a Technical Collaboration Agreement with ______;

  3. WHEREAS,.............. has submitted its bid in respect of the Tender at the behest of...... and in doing so has availed the assistance and services of the Consultant which has requisite expertise and knowledge of the telecommunication sector in India;

  4. WHEREAS, the Parties understand that the Tender is only a pilot program and that there would be more orders in respect of .................in India in future, either by way of repeat orders from or in the form of fresh tenders to be floated by, either A or B, in association with eachother or in association with a third party or individually ("Subsequent Tender").

  5. WHEREAS,....... desires that the Consultant provide further assistance to..... in respect of the Tender and Subsequent Tender and whereas the Consultant has agreed to extend its assistance for the same, the Parties...

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