Technical Foreign Collaboration

Updated atMarch 2010

This agreement is made at Mumbai this ………………………… day of …………………… 2000 between TESCO Inc., incorporated under the appropriate laws of the United Kingdom having its office at 3 Baker Street, London (hereinafter referred to as TESCO) of the one part and GALCO Ltd., a company registered under the Companies Act 1956 and carrying on business at 100 D.N Road, Mumbai 400 001 (hereinafter referred to as GALCO) of the other part.

WHEREAS TESCO is the manufacturer, dealer and exporter of Computers Hardwares, Softwares and accessories (hereinafter referred to as the products) and has highly developed technical know-how, secret techniques, technical information and skilled technical personnel concerning the manufacture and marketing of Computers, Hardwares and Softwares and accessories (hereinafter referred to as the technology).

AND WHEREAS TESCO has agreed at the request of GALCO to provide and render technical assistance and advice for setting up at the factory of GALCO a manufacturing unit for manufacturing, distribution, sale and export of the said productsand to allow the use of TESCO’s Trade Marks, Patents, Licences and other rights in relation to the said productsand GALCO has agreed to accept the same.

Now this agreement witnesseth and the parties hereby agree as follows:

  1. TESCO will provide...

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