Foreign Collaboration Agreement

Updated atMarch 2010

This agreement is made atMumbai this …………… day of ………… 2000 betweenTESCO inc incorporated under the appropriate laws of the United Kingdom having its office at 3 Broadway, London(hereinafter referred as TESCO) of the one part andNELCO ltd. a company registered under the Companies Act 1956 and carrying on business at 98 V.S.Road,Mumbai 400 001 (hereinafter referred to as NELCO) of the other part.

WHEREAS TESCO is carrying on business as manufacturer of and dealer in and exporter of Computers, Computer Hardwares and Softwares and intends to further expand its business in India and other East Asian countries.

WHEREAS NELCO is now carrying on business in a small way in manufacturing and exporting Computers, Computer Hardwares and Softwares and intends to improve its products and marketing and all-round development with the technical assistance from AMCO.

WHEREAS TESCO and NELCO have agreed to co-operate and collaborate in developing, manufacturing and marketing of Computers, computer Hardwares and Softwares...

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