MUTUAL AGREEMENT
THIS AGREEMENT IS ENTERED AT CHENNAI
ON THIS --------------------
M/S BPO PROJECTS, a Company corporate under the provisions of the Companies Act, 1956 and having its registered office at RMZ Millenia Business Park, No-143, M.G.R Road, Phase 2, Level-6, Kandancavadi, Perungudi, Chennai - 600096.(Here in after called as 1st party)
Mr.-----------------------------------------,----------------------------------------------------- (here in after called as 2nd party)
The 2nd party accepts that the 1st party agreed to provide the ITES project to the 2nd party on an interim arrangement of 10 SLOT pack on--------------, which has to be started on -------------------, and 1st party will co-operate in implementing the process.
1. The 2nd party accepts that the 1st party accepts that priced at the rate of Rs.50* /- per page as per Error percentage (As per the quality based) by the 2nd party which will be executed by him from---------------. The billing amount will be paid to 2nd party after 12 Working days from the date of work submitting to the 1st party subject to conditions set out and agreed between either parties.
2. The 2nd party accepts that the 1st party agrees to provide ITES project from time to time regularly to the 2nd party if the 2nd party complete the Project on satisfactory of the first Party.
3. The 2nd party accepts that the 1st party will only be responsible for payment on satisfactory completion of work by the 2nd party.
4. The 2nd party accepts that the 1st party is at liberty to terminate the contract with one month prior notice to the2nd party.
5. The 2nd party accepts that if there is any kind of delay in placing Q. C Report or Project the 2nd party should cooperate with the 1st party for five days
6. The 2nd party accepts that the 1st party decision will be the final on deciding all the disputes provided the disputes should be convincible within both the parties.