(TO BE ISSUED ON COMPANY’S LETTER HEAD)

To, (DATE)

Venkata S Sharma
Mumbai
Kvss.consultanvy@gmail.com

Dear Sir,

Re.: Mandate for Resolution and helping to arranging the investment/finance for our company.

This is further to our discussion we had with Mr. Venkata S Sharma. (Name of the company)
(“Company”) hereby gives mandate to Mr. Venkata S Sharma for resolving the existing NPA status and
guide/assist in arranging/organizing the required funding as investment in equity or as loan to the
company on success fees basis from NBFCs, PMSs, Funds, Banks, Financial Institutions & Private
Financial Institutions including Private Financiers (together known as “Investors or Lenders”).

The key terms of the engagement are:

(a) Scope of Work: In the course of executing this mandate, Mr. Venkata S Sharma will assist the
company in presenting the case to the various types of Investors and Lenders and addressing their
queries and providing clarifications and facilitating the negotiation of the terms and conditions and for
arranging and conducting the meetings between the investors/lenders and the Company.

(b) Exclusivity: In consideration of the scope of work detailed above, the company hereby provides Mr.
Venkata S Sharma an exclusive mandate to initiate and source the investment/loan from any NBFCs,
PMSs, Funds, Banks, Financial Institutions & Private Financial Institutions (together known as “Lenders”)
Bank and/or Financial Institution for meeting its both long term and immediate financial needs.

(c) Term & Termination: This mandate remains valid unless terminated in writing by either party. In case
of termination by the company, Mr. Venkata S Sharma will be entitled for full ‘Success Fee’ (as
stipulated under “Fees & Expenses” Para) if any finance (whatever name called) received by the (Name
of the company) from the Investors/Lenders approached by Mr. Venkata S Sharma. Also the expenses
incurred by Venkata S Sharma. Validity of this mandate will be for a period of 6 months from the date of
Execution.

(d) Fees: In consideration for the services provided to you by Mr. Venkata S Sharma as outlined above,
the company agrees to pay a onetime ‘Success Fees’ (excluding the expenses) at 10% of the
investment/loan organized and obtained sanction from the investor/lender. The success fees shall
become fully due & payable on the Disbursement of the investment/loan facility by the
Investor/Financier/Lender.

(e) Expenses: In addition to the above success fees, Company has to pay Rs.15.00 lakh towards the
initial expenses to be incurred by Mr. Venkata S Sharma.
(f) Other charges: All other charges and expenses for travel, stay, valuation, site visits, legal and other
proposed expenses if any to be incurred by the prospective investors/lenders have to be paid by the
company, immediately once the investor/financier is identified and the process will be initiated only
after the receipt such expenses in advance by the prospective investor/financier.

Indemnity: The company shall indemnify & hold Mr. Venkata S Sharma and his respective affiliates and
their officers, directors, employees, agents and attorneys and each other person, if any (Mr. Venkata S
Sharma and each such other person being an “Indemnified Person”) harmless from and against all
claims, actions, proceedings, demands, liabilities losses, damages, costs and expenses arising out of or in
connection with the mandate or otherwise by reason of any other matter or activities referred to or
contemplated by this mandate which, the company may suffer or incur and all costs and expenses
(including without any limitation legal fees) incurred by Mr. Venkata S Sharma shall be reimbursed by
the Company. The Company agrees that Mr. Venkata S Sharma shall not have any liability whatsoever to
the Company for or in connection with things done or omitted to be done pursuant to this mandate.

Yours sincerely,

Managing Director
(Name of the company)