DEED OF AGREEMENT

THIS DEED OF --------- AGREEMENT IS EXECUTED ON THE ___3rd____ DAY OF

__November__, 2021 IN THE FOLLOWING MANNER –

AMONG
Name/company name/company registration- Address- hereinafter referred to as- (which
expression, unless excluded by or repugnant to the context, shall mean and include its
executors, administrators, legal representatives, successors-in interest and assignees)
………. First Party

AND
Name/company name/company registration- Address- hereinafter referred to as- (which
expression, unless excluded by or repugnant to the context, shall mean and include its
executors, administrators, legal representatives, successors-in interest and assignees)
………. Second Party

Recitals/Background

WHEREAS, Background and offer of one of the parties.

WHEREAS, continuance of retailer.
WHEREAS, Acceptance of the other party.
Now both the parties want to enter into an agreement, therefore they want to execute this
agreement;

NOW IT IS HEREBY AGREED AND DECLEARED BY AND BETWEEN THE

PAERTIES FOLLOWS:
1. Enforcement and duration: This Agreement is executed on ………………. which
will come into operation and enforcement on………………. This Agreement is
executed primarily for 5 (five) years which will start since the date of enforcement
of this Agreement and the same shall be renewed by the consensus of both the
parties.

2. Consideration, advance payment, instalment and details:

The lessor is agreed to receive --------- taka only from the lease as consideration/
advance payment. ---------
Acknowledgement receipt will be given by the Lessor/other party admitting the
receiving of said consideration.

3. Time of paying rent Rent/deposit:

That the lease is agreed to pay the rent/ deposit ………….

4. If fails to pay in due time:

If the tenant/lease fails to pay the rent/instalment within due time of each month and it
continues up to or more than 3 months, then the Tenant/ Lease shall pay @5% interest
upon each month’s rate.

5. Increasing rate of rent/instalment:

That, both the parties agreed that the monthly rent/ instalment amount will be increased
@10% every year.

6. How the payment shall be made:

That the financial transection in favour of the 1st party by the 2nd party will be made as
per the name of ………. It means that all the aforesaid amount of
rent/deposit/instalment or any other financial transaction, cheque/ money order will be
made/ issued as per the name of………

7. Who will bear risk and to what extent:

8. Consequence:

That if the ‘SECOND PARTY’ fails to comply with the terms and conditions of this
“Agreement” and terms and conditions of the Sanction Letter, the ‘FIRST PARTY’
shall be entitled to call back the Agreement immediately without any prior notice to the
‘SECOND PARTY’;

That the ‘SECOND PARTY’ shall be held liable for the breach of any of the conditions
which it undertakes to perform under this ‘Agreement’ and the ‘FIRST PARTY’ shall
be entitled to take all sort of legal actions including both civil and criminal against the
‘SECOND PARTY’ for the breach of any terms and conditions of this ‘Agreement’;

9. Dispute resolution:
All disputes and differences covering this ‘Agreement’ between the parties, which
cannot be settled by mutual discussion, the ‘FIRST PARTY’ shall reserve all the right
to enforce all its legal rights accrued under this ‘Agreement’ in the concerned court(s)
under the relevant laws of Bangladesh to recover the loan amount.
10. Notice:
That, if any of the parties wish to call back/ rescind the agreement, the party is bound
to serve a notice at least before three months in writing to each other explaining the
reasons and if fails to comply, the party shall bear the loss and other damages
occurred to the other party. The notices will be given by electronic mail to Customer's
e-mail address on record and by registered post with A/D.

11. Condition of the 1st party

12. Condition of the 2nd party

13. General Warranty:

Each party represents and warrants that (a) it has the full corporate authority to
execute this Agreement and perform its obligations hereunder and (b) the execution or
performance of this Agreement will not violate or be considered a breach of any
obligation of such party to any third party.

14. Guarantee:
The Guarantor irrevocably and unconditionally agrees to pay in full to the Holders the
Guarantee Payments, as and when due, regardless of any defence, right of set-off or
counterclaim

15. Force Majeure:

For the purpose of this Agreement, an “Event of Force Majeure” means any
circumstance not within the reasonable control of the Party affected, both the parties
will be discharged from liability only if the party has taken all reasonable precautions,
due care and reasonable alternative measures in order to avoid the effect of such event
 16. The agreement is composed in 3 pages and attested by 2 witnesses.

The parties declares that he has read, understood and accepted this Agreement in its entirety.

Schedule of the Property

…………………………………………………………………………………………………
……………………………..

In witness whereof, the parties hereto sign this Agreement on the day, month and year
mentioned above.

Signature of the First Party : Signature of the Second Party

……………….. ………………….

In witness of:

1.

2.
• Enforcement and duration
• Consideration, advance payment, instalment and details:
• Time of paying rent Rent/deposit:
• If fails to pay in due time:
• Increasing rate of rent/instalment:
• How the payment shall be made:
• Who will bear risk and to what extent:
• Consequence:
• Dispute resolution:
• Notice:
• Condition of the 1st party
• Condition of the 2nd party
• General Warranty:
• Guarantee:
• Force Majeure:

❖ Condition of the 2nd party

o The First Party shall not deploy anybody other than the Second Party……..

o The First Party ensures to supply same quality products to the Second Party as
it is selling out to the other countries of the world.

o During the continuation of this Agreement, the First Party shall not enter into
any other agreement/deal/anything with any party…….
o The First Party will supply the products keeping expiry date intact with
reasonable time………….
o There First Party shall never do any kind of difference or disparity in terms of
quality, quantity and other things of the products supplying to the Third Party.
If anything, objectionable found in the product which is proved to be
contaminated or anything prejudicial to human kind, then the First Party shall
be liable to indemnity the Second Party.

o We will add more this kind of strict conditions as it is necessary in this type of
agreement….

o The First Party shall assure that all the products are certified, tested and allowed
by the local regulatory authorities.
❖ Condition of the 1st party
o The First Party preserves the right to take update
o The Second Party will act and remain as the sole distributor of the products of
the First Party in ……….
o The Second Party shall not mix the products of the First Party with any products
of any party …………. and shall not bring any change (external or internal) in
the products of the First Party while selling out/distributing the same under this
Agreement.
o The Second Party shall ensure that the products shall not be contaminated or
duplicated in the local market….
o During the period of this Agreement, the Second Party shall not accept or take
any distributorship of similar kinds of products from any other party…….
o The Second Party must ensure the registration of their names and quality with
concerned offices of Trademark and other authorities……….