ASSIGN INDIA CORPORATION

  (No older than 4 days)

LETTER OF INTENT ( LOI)
(ON BUYER'S LETTER HEAD)

REF:                                                                                    DATE :

To: The Principle Seller Through : M/s. ASSIGN INDIA CORPORATION. INDIA I, the undersigned (Buyers Name), passport number (state your passport number, if any), hereby declare and confirm that we are ready, willing and able to purchase the commodity as per specifications and the in the quantity and fort he price as specified in the terms and conditions as hereinafter set forth. This representation is made with full corporate authority and responsibility of the above. Product: Quantity: Contract period: SPOT OR ANNUAL Specifications: Origin: Target Price: INCOTERMS: FOB / CFR/ CNF/ CIF Destination Port/s: Discharge Rate: Payment Terms: Inspection Agency: Shipping: 30/45 days after receipt and acceptance of the L/C. Performance Bond: 2% by seller's bank in favor of the buyer. (Internationally accepted) Packing Required: Documents Required: Loading: All costs at the port of loading for the account of the seller. Discharge: All costs at the port of discharge for the account of the buyer. Whom to be shipped: (Please give Contact Name, Address, Phone, Fax, Email): Special Conditions: This letter of Intent / RWA is subject to final approval and agreement by both seller and Buyer and all the terms and conditions herein as well as the subsequent Contract of Sale including any amendments or variations thereof, all of which has to be reduced in writing and signed by both parties hereto. Buyer's Information: Name of the Company: Contact Person: Company Registration Number: Address: Tel. Office: Tel. Mobile: Fax Office: Email: Buyer's Bank Information: Name: Branch Code: Full Address: Account Number: Account Name: Bank Officer: Tel. Number: Mobile Number: Fax Number: Email: Telex No: SWIFT No: Country: We authorize the holder of this document to perform a soft probe on the above mentioned bank account.   Buyer's Authorized Signature _____________________________ (Signatory's Full Name)___________________________________ For and on Behalf of Company______________________________ Seal FOR YOUR INFORMATION :   THE LETTER OF CREDIT SHOULD BE FROM THE FOLLOWING BANKS : Confirming World's Top-100 Banks : 1. HSBC HOLDINGS HONG KONG 2. CHASE MANHATTAN BANK USA 3. CREDIT AGRICOLE GROUP FRANCE 4. CITI CORP USA 5. BANK OF TOKYO-MITSUBISHI JAPAN 6. DEUTSCHE BANK GERMANY 7. ABN AMRO BANK NETHERLAND 8. SUMITOMO BANK JAPAN 10. DAI-ICHI KANGYO BANK JAPAN 11. FUJI BANK JAPAN 12. SANWA BANK JAPAN 13. NATIONS BANK USA 14. UNION BANK OF SWITZERLAND SWITZERLAND 15. BARCLAYS BANK UK 16. CREDIT SUISSE GROUP SWITZERLAND 17. SAKURA BANK JAPAN 18. RABOBANK NETHERLAND NETHERLAND 19. NATIONAL WESTMINSTER BANK UK 20. HALIFAX UK 21. J P MORGAN & CO USA 22. INDUSTRIAL AND COMMERCIAL BANK OF CHINA, CHINA 23. BANQUE NATIONAL DE PARIS FRANCE 24. NARINCHUKIN BANK JAPAN 25. GROUPE CAISSE D'EPARGNE FRANCE 26. INDUSTRIAL BANK OF JAPAN JAPAN 27. BANK OF CHINA CHINA 28. DRESDNER BANK GERMANY 29. LLOYDS TSB GROUP UK 30. FIRST UNION CORPORATION USA 31. SOCIETE GENERALE FRANCE 32. TOKAI BANK JAPAN 33. BANC ONE CORPORATION USA 34. COMMERZBANK GERMANY 35. ING BANK GROUP NETHERLAND 36. BAYERISCHE VEREINSBANK GERMANY 37. FIRST CHICAGO NBD CORPORATION USA 38. CAMPAGNIE FINANCIERE DE PARIBAS FRANCE 39. ABBEY NATIONAL UK 40. BANNCO SANTANDER SPAIN 41. CREDIT MUTUEL FRANCE 42. WESTDEUTSCHE LANDESBANK-GIROZENTRALE, GERMANY 43. LONG-TERM CREDIT BANK OF JAPAN JAPAN 44. NATIONAL AUSTRALIA BANK AUSTRALIA 45. CANADIAN IMPERIAL BANK OF COMMERCE CANADA 46. ROYAL BANK OF CANADA CANADA 47. ASAHI BANK JAPAN 48. CREDIT LYONNAIS FRANCE 49. SCOTIABANK CANADA 50. BANCO BILBAO VIZCAYA SPAIN 51. BANKERS TRUST OF NEW YORK USA 52. SWISS BANK CORP SWITZERLAND 53. FLEET FINANCIAL USA 54. BANK OF MONTREAL CANADA 55. WELLS FARGO & CO USA 56. CHINA CONSTRUCTION BANK CHINA 57. DEXIO 58. CARIPLO ITALY 59. BAYERISCHE LANDESBANK GERMANY 60. MITSUBISHI TRUST & BANKING CORPORATION JAPAN 61. KREDITANSTALT FUR WIDERAUBAU GERMANY 62. COMMONWEALTH BANK CORP AUSTRALIA 63. BANKO DE BRASIL BRAZIL 64. NORWEST CORP USA 65. BANCO BRADESCO BRAZIL 66. WECHOVIA CORPORATION USA 67. GROUPE BANQUES POPULAIRES FRANCE 68. BANCO DE ROMA ITALY 69. INSTITUTO BANCOCIO ITALY 70. BAYERRISCHE-HYPOHEKEN & WECHSEL-BANK, GERMANY 71. PNC BANK CORPORATION USA 72. ARGENTURIA SPAIN 73. ANZ BANKING GROUP AUSTRALIA 74. US BANCORP USA 75. WESTPARC BANKING CORP AUSTRALIA 76. ROYAL BANK OF SCOTLAND UK 77. BANKBOSTON USA 78. TORONTO DOMINION BANK CANADA 79. AGRICULTURAL BANK OF CHINA CHINA 80. SIMITOMO TRUST AND BANKING JAPAN 81. BANCO COMMERCIALE ITALIANO ITALY 82. DAIWA BANK JAPAN 83. BANK OF NEW YORK USA 84. KEYCORP USA 85. BANK OF SCOTLAND UK 86. BANKGESELLSCHAFT BERLIN GERMANY 87. OVERSEA-CHINESE BANKING CORPORATION CHINA 88. SHOKO CHUKIN BANK JAPAN 89. DBS BANK SINGAPORE 90. MITSUI TRUST & BANKING JAPAN 91. BANK AUSTRIA AUSTRIA 92. STANDARD CHARTERED BANK UK 93. GENERALE BANK BELGIUM 94. INSTITUTO MOBILIASE ITALIANO ITALY 95. CREDITO ITALIANO ITALY 96. NATIONAL CITY CORP USA 97. BANCO MONTE DEI PASCHI DI SIENA ITALY 98. DEN DANSKE BANK DENMARK 99. BANCO ITOIS SAN PAULO BRAZIL BRAZIL 100. SHIZUOKA BANK JAPAN

              

BANK CAPABILITY LETTER (BCL) 

          ( Bank Letter Head )

                             TO WHOM SO EVER  IT MAY CONCERN

Ref. No: ___________

DATE: _____________

WE THE UNDERSIGNED BANK OFFICER/MANAGER WITH FULL BANKING RESPONSIBILITY, HEREBY CONFIRM THAT OUR CLIENT .................................? (Buyer's name), WITH ACCOUNT NUMBER...................., IS FINANCIALLY ABLE TO INITIATE THE TRANSACTION INVOLVING PURCHASE OF................................... (quantity and product name) DURING THE NEXT........................... (Period of time).

WE UNDERSTAND THAT THE SHIPMENT FACE VALUE OF THE NEEDED IRREVOCABLE CONFIRMED............................ (terms of payment : RLC , DLC , SLC) LETTER OF CREDIT PAYABLE AT SIGHT WILL BE................... (USD in words) PER SHIPMENT AND THE TOTAL VALUE OF THE TRANSACTION FOR................................ (period of contract length) WILL BE ............................... (US$ in words).

WE CERTIFY ONLY THAT................................................... (buyer's name) HAS SUFFICIENT FUNDS ON THE ACCOUNT AND SUFFICIENT LINE OF CREDIT WITH OUR BANK TO COMPLETE THE ABOVE TRANSACTION.

WE GUARANTEE THAT THE PAYMENT (RLC, DLC, SLC) WILL BE USED FOR THIS TRANSACTION AND WILL REVOLVE FROM SHIPMENT TO SHIPMENT DURING THE DURATION OF THE CONTRACT SHOULD OUR ABOVE MENTIONED CUSTOMER WISHES US TO DO SO.  

ACCOUNT NAME :

ACCOUNT NO OF OUR CLIENT:

BANK OFFICER'S NAME :

BANK NAME :

BANK BRANCH :

BANK PHONE NUMBER :

BANK FAX NUMBER :

BANK TELEX NUMBER :

BANK SWIFT CODE :

ROUTING NUMBER :

WE HAVE BEEN INFORMED BY OUR CLIENT..................................... (buyer's name) THAT HE HEREBY GIVES PERMISSION TO THE SELLER TO CONDUCT A SOFT PROBE ON HIS ACCOUNT.

 

........................................
Authorized Signature & Bank Seal
(Designation of the person signing)

SHOULD BE SIGNED BY ATLEAST 2 OFFICERS

INTERNATIONAL CHAMBER OF COMMERCE (I. C. C.)
NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT

 

 WHEREAS, the Undersigned wish to enter into this Agreement to define certain parameters of the future legal obligations, are bound by a duty of Confidentially with respect to their sources and contacts. This duty is in accordance with the International Chamber of Commerce Convention (I. C. C. 500).

 WHEREAS, the Undersigned desire to enter a working business relationship to the mutual and common benefit of the parties hereto, including their affiliates, subsidiaries, stockholders, partners, co-ventures, trading partners, and other associated organizations (herein after referred to as “Affiliates”).

 NOW THEREFORE in consideration of the mutual promises, assertions and covenants herein and other good and valuable considerations, the receipts of which is acknowledged hereby, the parties hereby agree as follows:

TERMS AND CONDITIONS
The parties will not in any manner, solicit, nor accept any business in any manner from sources not their Affiliates, which sources were made available through this agreement, without the express permission of the party who made available the source and,

The parties will maintain complete confidentiality regarding each other business sources and/or their Affiliates and will disclose such business sources only to named parties pursuant to the express written permission of this party who made available the source; and,

That they will not in any of the transactions the parties are desirous of entering into and do, to the best of their abilities assure the other that the transaction codes established will not be affected and

That they will not disclose names, addresses, email address, telephone and telefax or telex numbers to any contacts by either party to third parties and that they each recognize such contracts as the exclusive property of the respective parties and that they will not enter into any direct negotiations or transactions with such contracts revealed by the other party and

That they further undertake not to enter into business transaction with banks, investors, sources of funds or other bodies, the names of which have been provided by one of the parties to this agreement, unless written permission has been obtained from the other party (ies) to do so.

 

INTERNATIONAL CHAMBER OF COMMERCE (I. C. C.)
NON-CIRCUMVENTION, NON-DISCLOSURE & WORKING AGREEMENT

For the sake of this agreement, it does not matter whether information's obtained from a natural or a legal person.
The parties also undertake not to make use of a third party to circumvent this clause. That in the event of circumvention of this Agreement by either party, directly or indirectly, the circumvented party shall be entitled to a legal monetary penalty equal to the maximum service it should realize from such a transaction plus any and all expenses, including but not limited to all legal costs and expenses incurred to recover the lost revenue.

All consideration, benefits, bonuses, participation fees and/or commissions received as a results of the contributions of the parties in the Agreement, relating to any and all transactions will be allocated as mutually agreed.

This agreement is valid for any an all transaction between the parties herein and shall be governed by the enforceable law in Australian Courts, Canada Courts, USA Courts, UK Courts, Singapore Courts, German Court, or under Swiss Law in Zurich, in the event of dispute, the arbitration laws of states will apply.

The signing parties hereby accept such selected jurisdiction as the exclusive venue. The duration of the Agreement shall perpetuate for five (5) years from the date hereof.

AGREEMENT TO TERMS

Signatures on this Agreement received by the way of Facsimile, Mail and/or Email shall be deemed to be an executed contract.  This agreement is enforceable and admissible for all purposes as may be necessary under the terms of the Agreement.

All signatories hereto acknowledge that they have read the foregoing Agreement and by their initials and signature that they have full and complete authority to execute the document for and in the name of the party for which they have given their signature.

ACCEPTED AND AGREED WITHOUT CHANGE

Signed this on ______day of _______________ ____2003

 

PARTY NO. 1 :

Signature:                                                         

 

 

 

 

 

NAME                                                              Mr. Sanjay Narayan                                

PASSPORT NUMBER                                   E-9378853

  dated : 13/08/2004

 

COMPANY NAME                                        ASSIGN INDIA CORPORATION                             

                                                                                                      

ADDRESS                                                       B-1, Shramshakti Housing Society,     

                                                                          Near Camellia, Wanowrie,

                                                                          Pune – 411 001                                                     

 

MOBILE                                                        +91 92417 80895 /  996086 11928                             

TELEFax                                                        +91 80 42033137

Email                                                               assign_india@rediffmail.com,  

 assignindia@gmail.com

 

 

 

PARTY NO 2 :

 

 

Signature:                                                          Signature:

 

Name:                                                               Name:        

 

Company Name:                                                Company Name: 

                                                                                                     

Address:                                                             Address: 

 

 

Telephone/Fax:                                                Telephone/Fax: