AGREEMENT FOR BUSINESS

SERVICES

This Agreement for services (the “Agreement”) has been entered

into on this 21th February 2022 , (the “Effective Date”) by and

Between

Sukhbir Singh son of Balbir Singh Pan No . HDLPS6510L operating

from Royd Street Road,Kolkata -700026 (hereinafter referred to as
the “Facilitator”, which expression shall unless be repugnant to the
meaning or context hereof be deemed to mean and include its
Affiliates, Successors in Interest and assigns) of the ONE PART

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 And

Cloud Wood Builders & Developers Pan no. DIRPK5783A, a

Proprietorship registered under the Indian Companies Act having its
registered office at Ground Floor,Simi Plaza,mall Road, Kapurthala-144601
through its Proprietor Mr. Gurpreet Singh Kingra (hereinafter referred to
as the “Firm”, which expression shall unless be repugnant to the meaning
or context hereof be deemed to mean and include its Affiliates, Successors
in Interest and Permitted Assigns) of the OTHER PART . For the purposes
of this Agreement, the Facilitator and the Company shall be individually
referred to as a Party and jointly as Parties.

Party : Do hereby execute the Service Charge agreement as under

second

WHEREAS

The firm which is incorporated with a primary object of facilitating up of

a business project is desirous to raise funds from a multiple
investors/lendersto the extent of an amount feasible for the business
project(the “Funds”) for infusion in the Firm (the “Transaction”)

The Facilitator who is involved in the business of Sukhbir Singh son of

Balbir Singh Pan No . HDLPS6510L and business facilitator services have
agreed to facilitate to the Company the funds required for the business
project.

This Agreement relates solely to Facilitator 's services as a facilitator to

the Company. There are no additional services that Facilitator is required
to perform to be entitled to the fees (as referred under Clause 1 of this
Agreement), in the event an investment is made available.

NOW THEREFORE, in consideration of the mutual obligations specified

in this Agreement, the Parties agree to the following:

1. CONSIDERATION :

1.1 The Facilitator shall be entitled to (herein after called as “funds”)

calculated at 9% (Plus Applicable Service Tax) of the Funds or any
part thereof received from each investor / lender /bank. This fees
shall be over and above the Charges laid by the Issuer/Lessor of the
Financial Instrument - Leased

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1.2 The said Fees of 2% of the draw down value of the facilitation
amount shall be payable within 24(Twenty Four) hours of the initial
receipt of the swift to the company’s bank account as specified in the
Pro- Forma Invoice.

1.3 The funds distribution fees shall be paid to as below to the

Company:

Payable on
Amount
On Swift Message to the Bank as per the
Pro-Forma Invoice for the issuance of the
9%
BG Instrument to the beneficiaries’ bank
(100% of the face value of the
account on authentication and verification
instrument)
by the beneficiary bank within 24(Twenty
Four) banking days.

1.4 The above 9% of the fund amounting to Rs.20000000 Indian

Rupees only) will be counter guaranteed by a single cheque for the
aforesaid amount vide cheque No. 000030 dtd._16-03-2023 on behalf
of loan Bank at Kotak Mahindra Bank Mumbai Branch.
1.5 This above mentioned cheque will be returned or stand invalid
once the “Firm” has paid an equal amount of the cheque value to the
designated account or by cash.

1.6 On the contrary after the successful authentication of the

instrument on a bank to bank basis if the “Firm” fails to arrange the
funds then this cheque mentioned in point no. 1.4 stand valid and
honoring the cheque stands mandatory and needs to be encased
within the time frame.

1.7 If the “Facilitator” fails to perform as per the schedule in the

agreement the cheque issued by the “Customer” will stand null and
void.

2. VALIDITY, NON CIRCUMVENTION & TERMINATION,

2.1 This Agreement shall commence on the date first written above
and shall remain in full force and effect for 7(Seven) days from the
Effective Date hereof, unless terminated by any party hereby upon
not less than thirty 7 (Seven) days without any prior written notice to
the other party. However, in case of breach of the covenants of this
Agreement by either Party, the other Party may terminate this
Agreement upon expiry of fifteen 7 (Seven) days from the date of the

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 termination notice if within the said Seven (7) days the breach could
not be remedied.

3. REPRESENTATIONS AND WARRANTIES

3.1 The Parties represents and warrants to each other that:

(a) Each has full power and authority to enter into this Agreement;

(b) As of the Effective Date and at all times throughout the term, it has all
consents, approvals, licenses and permissions, necessary to perform
all of its obligations hereunder and to exercise all of its rights
hereunder;

(c) This Agreement constitutes legal, valid and binding obligation,

enforceable against the defaulting party in accordance with the terms;
the obligations under this Agreement do not violate any law or breach
any other agreement to which such Party is bound; and they are not in
violation of any intellectual property or other proprietary rights of
any third party.

(d) it shall not disclose any information disclosed by one Party to the
other Party during the term of this Agreement either directly or
indirectly in writing or orally including without limitation, documents,
business plans, source code documentation, financial analysis,
marketing plans, customer names, customer list and customer data
(“Confidential Information”) to any third party, for any purpose
except to evaluate and engage in discussions concerning the potential
investment and to the extent necessary for the performance of its
obligations under this Agreement. Immediately upon termination and
in any event within 15 days of the termination of this Agreement, each
Party shall (a) return all the Confidential Information to the other
Party or to such other person as may be authorized by a Party in this
behalf; or (b) if authorized by a Party, destroy all the Confidential
Information in a manner as may be suggested by the Party to ensure
that no such information or material can be used in future by any
person.

4. MISCELLANEOUS CLAUSES :

4.1 The relationship of the Facilitator to the Company shall be that of

an independent contractor and neither this Agreement nor any
conduct hereunder shall be deemed to create a relationship of

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 employer-employee, partnership, joint venture or any other common
enterprise. The Facilitator shall be responsible for payment of all
applicable taxes including income and service taxes arising out of
Facilitator's activities in accordance with this Agreement. Neither
Party shall have the authority to bind the other Party to or assume,
enter into, or act on behalf of the other Party for any obligation,
engagement or act. Each investor procured by the Facilitator will
contract directly with the Company on an individual engagement
basis, and acknowledge in writing the services provided by the
Facilitator.
1.1 If any provision of this Agreement is held to be invalid, illegal or
unenforceable, in whole or in part, such invalidity shall not affect any
other valid provision and all other valid provisions shall remain in
full force and effect.
4.2 This Agreement sets forth the entire understanding between the
Parties hereto with respect to the matters contemplated hereby. Any
and all prior oral and written agreements and understandings with
respect to the matters set forth herein between the Parties are
hereby superseded. This Agreement cannot be amended, modified or
supplemented in any respect except by a subsequent written
agreement entered into by both the Parties.
4.3 In the event of any dispute concerning the quantum of any money
due or payable by the Company to the Facilitator under this
Agreement which cannot be otherwise amicably resolved, the same
shall be referred to arbitration under the Arbitration and
Conciliation Act, 1996.
4.4 It is understood that the Facilitators would work on this
assignment on best efforts basis.

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IN WITNESS WHEREOF the parties hereto have executed this Agreement
as of the date first above written.

Witness :

1)

Sukhbir Singh

2)

Cloudwood Builders & Developers

Gurpreet Singh Kingra