Termination of Agreement

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Termination of Agreement

THIS TERMINATION AGREEMENT (the “Agreement”) dated this 3rd of


March, 2019

Between :

Partners of M/s GREEN GLOBE INFRA, having office at : Mehfooz


Apartment, B/02, First Floor, Near Sahil Hotel, Kausa, Mumbra, Dist. – Thane :
400 612. (which expression shall unless it be repugnant to the context or meaning
thereof); the PARTY OF THE FIRST PART
-AND-
Mr. Amar Gautam Kamble of M/s Royal Constructions and Labour
Contractors having office at 1713, Siddhart Nagar, Behind Post Office, Near
Power Office, Ambernath, Thane – 421 501. (which expression shall unless it be
repugnant to the context or meaning thereof); the PARTY OF THE Second PART

1. That the parties are presently bound by the contract Agreement entered on
dated 13/10/2018.
2. That the parties wish to terminate the Contract Agreement and resolve any
and all rights and obligations arising out of the contract.

IN CONSIDERATION OF and as a condition of the parties entering into this


Agreement and other valuable consideration, the receipt and sufficiency of
which consideration is acknowledge, the Parties are agree as follows:

1. By this Agreement the parties mutually terminate and cancel the Contract
Agreement effective the 3rd of March, 2019.
2. The parties acknowledge by this Agreement that the consideration provided
and received by each other is fair, just and reasonable and that no further
consideration, compensation or obligation will be due, payable or owing
with regard to the Contract as of the execution date of this Agreement.
3. By this Agreement the parties release each other from any and all claims,
causes of action, demands and liabilities of whatever nature which either
party had in the past, has now or may have in the future arising from or
related to the Contract.
4. The parties acknowledge and agree that all parties to this Agreement will
keep completely confidential the terms and conditions of this Agreement, the
Contract and any Financial, Operational or Confidential information of any
kind not already public.
5. The parties submits to the Jurisdiction of the Courts of the state of
Maharashtra for the enforcement of this Agreement or any Arbitration
Award or Decision arising from this Agreement. This Agreement will be
enforced or construed according to the laws of the state of Maharashtra.
IN WITNESS WHEREOF the parties hereto have hereunto set and
subscribed their respective hands on the day and year first hereinabove
mentioned.
SIGNED & DELIVERED by the withinnamed ]
PARTY OF THE FIRST PART ]
Partners of M/s GREEN GLOBE INFRA, ]

In the presence of…… ]

1.

2.

SIGNED & DELIVERED by the withinnamed ]


PARTY OF THE SECOND PART ]
Mr. Amar Gautam Kamble of
M/s Royal Constructions and Labour Contractors ]
In the presence of…… ]

1.

2.

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