FUND RAISING SERVICES AGREEMENT

This Fund Raising Services Agreement is signed and executed on this day of ………
at the registered office of Innovative Financial Advisors Pvt. Ltd.
at 24/30, Ground Floor, Okhla Industrial Estate, Phase-III, New Delhi-110020”
BETWEEN
M/s Innovative Financial Advisors Private Limited a company incorporated under the provisions of the Companies Act, 1956 and
having its registered office at “24/30, Ground Floor, Okhla Industrial Estate, Phase-III, New Delhi-110020”, herein after referred
to as “The service provider” (which expression shall, unless repugnant to the context meaning thereof, mean and include its
successors and permitted assigns) of the FIRST PART

AND
M/s ……………….. an organization incorporated under the provisions of Indian Trust Act and having its registered office at:-
“……………….” herein after referred to as “The organization” (which expression shall unless repugnant to context or meaning
thereof, mean and include its affiliates, representatives, successors, successors business, nominees and assigns) of the OTHER
PART

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WHEREAS, “The organization” had floated an enquiry, for subscription of the fund raising services in the sphere
of INR ……………….

WHEREAS, “The Service Provider” had submitted their priced Quotation of their (Service Charges/Fees) &
Terms and Conditions for empanelment as service providers for fund raising services for “The organization”;

WHEREAS, “The organization” has agreed to appoint “The Service Provider” as its fund raising service
provider for effecting and raising funds and fund raising portfolio management of the suitable as per the
requirements of the organization through the service provider as per terms fixed.

NOW THEREFORE, in consideration of the mutual covenants, undertakings and understanding herein contained,
the Parties hereby agree as follows:
ARTICLE 1

DEFINITIONS

Unless the context otherwise requires, when used in this Agreement the following terms shall have the following
meanings unless otherwise specified:

1.1 “Agreement” Shall mean this Agreement and shall include any subsequent written modifications
and amendments thereto.

1.2 Shall mean and include any person as identified by the service provider for the
“O P M” purpose of handling fund raising services of the organization

1.3
“Data” Means the details of the fund raising tools or any other information as provided by
the service provider and the organization in furtherance of this Agreement

1.4
“Effective Date” Means the date of signing and execution of this Agreement.

1.5 “Parties” or “Party” Shall mean and include “the organization” or “the service provider” individually
or collectively, as the case may be

1.6 “INR” Shall mean Indian Rupees

1.7 “PCD” Shall and stands for Project Commencement Date i.e. the date of signing and
executing the agreement.
1.8 “Organization” Shall mean the civil society organization who is soliciting the agreement.

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 ARTICLE 2

CONSIDERATION

The Parties agree that The Organization shall be liable to pay to The Service Provider the Service Charge/Fee

amounting to INR …………….. for / by using the expertise service of for / by using the expertise service of The

Service Provider. The payment by The Organization shall subject to taxes and other duties in addition, required

by the law as per the prevalent rates as prescribed by the government from time to time. Prevailing rate of Goods

and Services Tax is 18%.The Service Provider is entitled to raise Invoice for the Service Charge/Fee amount

payable plus GST and The Organization shall remit the service charges along with the Goods and Services Tax

as per the terms of the Agreement.

Schedule of payments for Service Charge/Fee are as under :

Total Payable
Service Charge / GST (Service Charge
Payment Schedule + GST)
Fee
CGST (9%) SGST (9%) IGST (18%)
Advance (At the time of
signing the contract
…………. …………. …………. …………. ………….
between the Organization &
the Service Provider)
Within 72 Hrs of
Disbursement of the first
installment OR on signing of
…………. …………. …………. …………. ………….
the donor contract for the
full project committed value
OR whichever is later
TOTAL …………. …………. …………. …………. ………….

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 ARTICLE 3

OBLIGATION OF THE PARTIES

3. A. OBLIGATIONS OF “THE SERVICE PROVIDER”

I. To develop a project design and proposal for arranging, raising and obtaining a volume of INR ...............
as grant funding for “The Organization”
II. To develop a complete project report and proposal.
III. Short listing of funding agencies where proposal will be submitted
IV. Submission of the proposal to the concerned agency for funding
V. Follow up activities with funding agency on behalf of “The Organization”- “.................”
VI. Assistance in getting the funding proposal approved.
VII. Assistance in getting the funds disbursed on and within time deadline and schedule.

Time parameter, schedule and deadline for disbursal to take place to “The Organization” will be within a
period of 240 working days from the PCD (Project Commencement Date) i.e. ............... and as schedule as
under;

Time schedule will be 240 days for entire and all disbursement.
Service Provider Obligation Days* Time Schedule* Amount to be disbursed to the
& Deadline organization within deadline
Submission of First draft of project
45 days of PCD …………. Not Applicable
proposal to the organization
Approval time for the organization 7 days …………. Not Applicable

Modification of Second draft of proposal 7 days …………. Not Applicable

Approval time for the organization 7 days …………. Not Applicable

Final disbursal Contract for funds ………….

240 days INR ..............
INR ................ within 240 days of PCD
INR ............

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3. B. OBLIGATIONS OF THE ORGANIZATION

3. B.1. The Organization shall not be liable to pay to the service provider any charges, as payable under this
agreement, in case the project design as forwarded by the service provider had already been received by
the organization from other sources.

Provided that such earlier receipt is immediately informed by the organization to the service provider in
writing within 7 days from the receipt of such design from the service provider failing which the service
provider shall be entitled to charge and the organization shall be liable to pay the amount as agreed by
the parties in this Agreement.

3. B.2. The Organization shall abide by the obligations as mentioned in the Service they subscribe.

3. B.3. The Organization shall revert with the filled up query sheet and the self-attested documents as solicited
by the service provider within a period of seven days from the date on which the service provider sends
the query sheet.

3. B.4. The Organization shall confirm the acceptance of the proposal within a period of 10 days from the date
on which the service provider recommends the design failing which the project design will be deemed to
be rejected by the organization and the contract time frames will be changed as per the new donor
selection to be decided by the service provider.

3. B.5. The Organization consents and commits the Service Provider to provide all data, details and information
being authentic and genuine which during the course of engagement if found to be
false/forged/fabricated/illegal then the Service Provider will stand absolved and exonerated from all the
obligations and liabilities under the various clauses of this agreement.

3. B.6. The Organization shall hand over to the service provider the copy of the financial documents as solicited
by the service provider and also declare other relevant information as solicited by the service provider.
The organization should be open to beneficiary interaction as and when deemed required by the service
provider. The organization should also present the originals of the documents provided by them to the
service provider on solicitation

3. B.7. The Organization shall not use the data as provided by the service provider within a period of three years
from the date of receipt of the same from the service provider failing which the organization shall be liable
to pay the charges for such services to the service provider.
ARTICLE 4

INDEMNITY
4.1 The service provider shall not be liable for any misconduct, malpractice and/or revelation of confidential
information by the organization.

4.2 The service provider shall not be liable for any cost of training of the candidate as may be required to be
undertaken as per the norms/requirement of the organization.

4.3 The organization shall keep indemnified the service provider and shall defend and hold harmless the
Consultant from any action, civil or criminal, arising out of the services rendered by the service provider
under this agreement to the organization and in respect of any action by an agency as recommended by
the service provider.

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 ARTICLE 5

CONFIDENTIALITY

5.1 The content of this Agreement, any information or discussion related hereto or arising out of this agreement
and any information or know-how, which the parties come to know about each other during the subsistence of
this agreement, shall be private and confidential and will be treated as such.
5.2 Any information as referred to Article .1 shall not be disclosed to any third party until and unless a permission
in writing is giving by one party to the other.
5.3 This obligation is to survive the termination of this Agreement

ARTICLE 6
DISPUTE RESOLUTION

6.1 Any controversy or dispute in connection with this agreement which cannot be amicably settled by the parties
shall be decided by recourse to arbitration by a sole arbitrator, appointed by The CEO of the First Party,
which will be governed under the provisions of Arbitration & Conciliation Act, 1996, with the place of
Arbitration at New Delhi. In case of any dispute the parties shall be bound to give the other party a due notice
of 30 days for invoking the provision under this clause i.e. for appointment of arbitrator.

The Second Party hereby affirms and acknowledges the power and authority of The First Party to appoint the
Sole Arbitrator, and withdraws any objections/ reservations to such effect. The arbitral award shall be final
and binding on both parties. The courts at New Delhi, India shall have exclusive jurisdiction in respect of all
matters concerning this Agreement.

ARTICLE 7
MISCELLANEOUS

7.1 NOTICES
All notices required or permitted, hereunder shall be in writing and in the English language and shall be sent by
internationally recognized courier or by facsimile transmission (with confirming facsimile receipt) addressed to the
address of each Party set forth below, or to such other address as such other Party shall have communicated to
the other Party in writing. Notice shall be deemed to have been served when received (and in the case of a
facsimile transmission, provided that a confirming copy is sent to the other Party, in accordance with the non-
facsimile notice delivery requirements).

If to: Innovative Financial Advisors Pvt. Ltd.

AT: - “24/30, Ground Floor, Okhla Industrial Estate, Phase-III, New Delhi-110020”

If to:- ………….
At: - “………….”

7.2 FORCE MAJEURE

Notwithstanding anything to the contrary in this Agreement, neither party shall be liable by reason of failure or
delay in the performance of its duties and obligations under this Agreement if such failure or delay is caused by
acts of God, war, riot, fire, civil commotion, strikes, lock outs, pandemic, epidemic, embargoes, any orders of
governmental, quasi-governmental, or local authorities or any other similar cause beyond its control and without its
fault or negligence.

7.3 SEVERANCE
If any provision of this Agreement or part thereof is rendered void, illegal or unenforceable in any respect under
any law, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or
impaired thereby.
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7.4 SURVIVAL OF RIGHTS, DUTIES AND OBLIGATIONS
Termination of this Agreement for any cause shall not release a Party from any liability which at the time of
termination has already accrued to another Party or which thereafter may accrue in respect of any act or omission
prior to such termination.

7.5 ASSIGNMENT
Neither of the Parties hereto shall be entitled to assign this Agreement or any of their rights, powers, obligations
and/or duties hereunder without the prior written consent of the other Party.

7.6 AMENDMENTS AND MODIFICATIONS

No amendments and/or modifications of any of the provisions of this Agreement shall be effective unless made in
writing specifically referring to this Agreement and duly signed by the Parties hereto.

7.7 WAIVER
Save where this Agreement expressly provides, neither Party shall be deemed to have waived any right, power,
privilege or remedy under this Agreement unless such Party shall have delivered to the other Party a written
waiver signed by an authorized officer of such waiving Party. No failure or delay on the part of either Party in
exercising any right, power, privilege or remedy hereunder shall operate as a waiver, default or acquiescence
thereof, nor shall any waiver on the part of either Party of any right, power, privilege or remedy hereunder operate
as a waiver of any other right, power, privilege or remedy, nor shall any single or partial exercise of any right,
power, privilege or remedy hereunder preclude any other or further exercise thereof or the exercise of any other
right, power, privilege or remedy hereunder.

7.8 IFA STANDARD WARRANTY

 If the service provider is unable to raise 75% of the committed value, 50% of the service charge paid till date
is refunded within 30 working days of solicitation of refund after the completion of deadline.

 If the service provider is unable to raise 50% of the committed value, the entire service charge paid till the
date is refunded within 30 working days of solicitation of refund after the completion of deadline.

The Organization undertakes that this agreement has been read over by it in its vernacular language and is being
signed by it without any coercion, duress, pressure, undue influence, force etc.

IN WITNESS, where of the Agreement has been entered into the day and year first above written.

For and on behalf of; For and on behalf of;

………….................. Innovative Financial Advisors Pvt. Ltd.

............................................. .................................................
Authorized Signatory Authorized Signatory

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