Termination of Agreement
Termination of Agreement
Termination of Agreement
Between :
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.
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, ]
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