AGREEMENT

of Technical Consultant for Designing, Setting up, operation & managing the Punjab State Online Lottery System through Public Private Partnership (PPP)

ThisAGREEMENT(hereinaftercalledthe“Agreement”)ismadeonthe…………dayofthemonthof…………2013,between,ontheonehand,the Directorate of Punjab State Lotteries(hereinaftercalledthe“Authority”whichexpressionshallincludetheirrespectivesuccessorsand permittedassigns,unlessthecontextotherwiserequires)and,ontheotherhand, …………………………………(hereinaftercalledthe“Consultant”whichexpressionshallincludetheirrespectivesuccessorsandpermittedassigns).

WHEREAS

(A)TheAuthorityvideitsRequestforProposalforappointmentof Technical Consultant (herein-aftercalledthe“Consultant”)forSetting up, operation & managing the Punjab State Online Lottery System through Public Private Partnership (PPP) (hereinaftercalledthe“Project”);

(B)theConsultantsubmitteditsproposalsfortheaforesaidwork,wherebytheConsultantrepresentedtotheAuthoritythatithadtherequiredprofessionalskills,andinthesaidproposalstheConsultantalsoagreedtoprovidetheServicestotheAuthorityonthetermsandconditionsassetforthintheRFPandthisAgreement;and

(C)theAuthority,onacceptanceoftheaforesaidproposalsoftheConsultant,awardedtheConsultancytotheConsultantvideitsLetterof Awarddated…………….(the“LOA”);and

(D)inpursuanceoftheLOA,thepartieshaveagreedtoenterintothisAgreement.NOW,THEREFORE,thepartiesheretoherebyagreeasfollows:

1.GENERAL

1.1DefinitionsandInterpretation

1.1.1ThewordsandexpressionsbeginningwithcapitallettersanddefinedinthisAgreementshall,unlessthecontextotherwiserequires,havethemeaninghereinafterrespectivelyassignedto

them:

(a)“AdditionalCosts”shallhavethemeaningsetforthinClause 6.1.2;(b)“Agreement”meansthisAgreement,togetherwithalltheAnnexes; (c) “AgreementValue”shallhavethemeaningsetforthinClause 6.1.2;

(d)“ApplicableLaws”meansthelawsandanyotherinstrumentshavingtheforceoflawinIndiaastheymaybeissuedandinforcefromtimetotime;

(e)“ConfidentialInformation”shallhavethemeaningsetforthinClause 3.3;

(f)“ConflictofInterest”shallhavethemeaningsetforthinClause 3.2readwiththeprovisionsofRFP;

(g)“Dispute”shallhavethemeaningsetforthinClause 9.2.1;

(h)“EffectiveDate”meansthedateonwhichthisAgreementcomesintoforceandeffectpursuanttoClause 2.1;

(i)“ExpatriatePersonnel”meanssuchpersonswhoatthetimeofbeingsohiredhadtheirdomicileoutsideIndia;

(j)“Government”meansthe[Governmentof Punjab];

(k)“INR,Re.orRs.”meansIndianRupees;

(l)“Member”,incasetheConsultantconsistsofaconsortiumofmorethanoneentity,meansanyoftheseentities,and“Members”meansalloftheseentities;

(m)“Party”meanstheAuthorityortheConsultant,asthecasemaybe,andPartiesmeansbothofthem;

(n)“Personnel”meanspersonshiredbytheConsultant asemployeesorretainersandassignedtotheperformanceoftheServicesoranypartthereof;

(o)“ResidentPersonnel”meanssuchpersonswhoatthetimeofbeingsohiredhadtheirdomicileinsideIndia;

(p)“RFP”meanstheRequestforProposaldocumentinresponsetowhichthe

Consultant’sproposalforprovidingServiceswasaccepted;

(q)“Services”meanstheworktobeperformedbytheConsultantpursuanttothis

Agreement,asdescribedintheTermsofReferencehereto;

Alltermsandwordsnotdefinedhereinshall,unlessthecontextotherwiserequires,havethemeaningassignedtothemintheRFP.

1.1.2Thefollowingdocumentsalongwithalladdendaissuedtheretoshallbedeemedtoform andbereadandconstruedasintegralpartofthisAgreementandincaseofanycontra-dictionbetweenoramongthemthepriorityinwhichadocumentwouldprevailoveranotherwouldbeaslaiddownbelowbeginningfromthehighestprioritytothelowestpriority:

(a)Agreement;

(b)AnnexesofAgreement;

(c)RFP;and

(d)LetterofAward

1.2Relation betweentheParties

NothingcontainedhereinshallbeconstruedasestablishingarelationofmasterandservantorofagentandprincipalasbetweentheAuthorityandtheConsultant.TheConsultantshall,subjecttothisAgreement,havecompletechargeofPersonnelperformingtheServicesandshallbefullyresponsiblefortheServicesperformedbythemorontheirbehalfhereunder.

1.3Rightsandobligations

ThemutualrightsandobligationsoftheAuthorityandtheConsultantshallbeassetforthintheAgreement,inparticular:

(a)theConsultantshallcarryouttheServicesinaccordancewiththerequirement of the State Government and as per provisionsoftheAgreement;and

(b)theAuthorityshallmakepaymentstotheConsultantinaccordancewiththeprovisionsoftheAgreement.

1.4Governinglawandjurisdiction

ThisAgreementshallbeconstruedandinterpretedinaccordancewithandgovernedbythelawsofIndia,andthecourtsatChandigarhshallhaveexclusivejurisdictionovermattersarisingoutoforrelatingtothisAgreement.

1.5Language

AllnoticesrequiredtobegivenbyonePartytotheotherPartyandallothercommunications, documentationandproceedingswhichareinanywayrelevanttothisAgreementshallbeinwritingandinEnglishlanguage.

1.6Table of contents and headings

Thetableofcontents,headingsorsub-headingsinthisAgreementareforconvenienceofreferenceonlyandshallnotbeusedin,andshallnotaffect,theconstructionorinterpretationofthisAgreement.

1.7Notices

AnynoticeorothercommunicationtobegivenbyanyPartytotheotherPartyunderorinconnectionwiththematterscontemplatedbythisAgreementshallbeinwritingandshall:

(a)inthecaseoftheConsultant,begivenbyfacsimileore-mailandbyletterdelivered by hand to the address given and marked for attention of theConsultant’sRepresentativesetoutbelowinClause 1.10ortosuchotherpersonastheConsultantmayfromtimetotimedesignatebynoticetothe Authority;providedthatnoticesgiventoanaddressat Chandigarh may,iftheyaresubsequentlyconfirmedbysendingacopythereofbyregisteredacknowledgementdue,airmailorbycourier,besentbyfacsimileore-mailtothenumber/addressastheConsultantmayfromtimetotimespecifybynoticetothe Authority;

(b)inthecaseoftheAuthority,begivenbyfacsimileore-mailandbyletterdeliveredbyhandandbeaddressedtotheAuthoritywithacopydeliveredtotheAuthorityRepresentativesetoutbelowinClause 1.10ortosuchotherpersonastheAuthoritymayfromtimetotimedesignatebynoticetotheConsultant;itmaysendsuchnoticebyfacsimileore-mailandbyregisteredacknowledgementdue,airmailorbycourier; and

(c)anynoticeorcommunicationbyaPartytotheotherParty,giveninaccordanceherewith,shallbedeemedtohavebeendeliveredwheninthenormalcourseofpostitoughttohavebeendeliveredandinallothercases,itshallbedeemedtohavebeendeliveredontheactualdateandtimeofdelivery;providedthatinthecaseoffacsimileoremail,itshallbedeemedtohavebeendeliveredontheworkingdaysfollowingthedateofitsdelivery.

1.8Location

1.8.1TheServicesshallbeperformedattheofficesoftheAuthorityat Chandigarh inaccordancewiththeprovisionsofRFPandatsuchlocationsasareincidentalthereto,includingtheofficesoftheConsultant.

1.8.2TheAuthoritymayrequiretheConsultant’s representativetospendtherequiredmanhoursattheofficesoftheAuthorityandtheConsultantagreesandundertakestoprovidesuchservicesonabesteffortbasisandwithoutanyunreasonabledelay.

1.9AuthorityofMember-in-charge

IncasetheConsultantconsistsofaconsortiumofmorethanoneentity,thePartiesagreethattheLeadMembershallactonbehalfoftheMembersinexercisingalltheConsultant’s rightsandobligationstowardstheAuthorityunderthisAgreement,includingwithoutlimitationthereceivingofinstructionsandpaymentsfromtheAuthority.

1.10Authorised Representatives

1.10.1Anyactionrequiredorpermittedtobetaken,andanydocumentrequiredorpermittedtobeexecuted,underthisAgreementbytheAuthorityortheConsultant,asthecasemaybe,maybetakenorexecutedbytheofficialsspecifiedinthisClause 1.10.

1.10.2TheAuthoritymay,fromtimetotime,designateoneofitsofficialsastheAuthorityRepresentative.Unlessotherwisenotified,theAuthorityRepresentativeshallbe:

Tel:0172-2702634 Fax: 0172-2702634email:

1.10.3TheConsultantmaydesignateoneofitsemployeesasConsultant’sRepresentative.Unlessotherwisenotified,theConsultant’sRepresentativeshallbe:

***************

***************

Tel:***************Mobile:***************Fax:***************

E-mail:***************

1.11Taxes and duties

UnlessotherwisespecifiedintheAgreement,theConsultantshallpayallsuchtaxes,duties,feesandotherimpositionsasmaybeleviedundertheApplicableLawsandtheAuthorityshallperformsuchdutiesinregardtothedeductionofsuchtaxesasmaybelawfullyim-posedonit.

2.COMMENCEMENT,COMPLETIONANDTERMINATIONOFAGREEMENT

2.1Effectiveness ofAgreement

ThisAgreementshallcomeintoforceandeffectonthedateofthisAgreement(the“EffectiveDate”). The consultant shall provide support and assistance for 5 years and 6 months as per schedule i of RFP.

2.2Commencement ofServices

TheConsultantshallcommencetheServiceswithinaperiodof7(seven)daysfromtheEffectiveDate,unlessotherwiseagreedbytheParties.

2.3Termination ofAgreement for failure to commence Services

IftheConsultantdoesnotcommencetheServiceswithintheperiodspecifiedinClause 2.2above,theAuthoritymay,bynotlessthan1(one)weeks’noticetotheConsultant,declarethisAgreementtobenullandvoid,andintheeventofsuchadeclaration,thisAgreementshallstandterminatedandtheConsultantshallbedeemedtohaveacceptedsuchtermination.

2.4ExpirationofAgreement

UnlessterminatedearlierpursuanttoClause 2.1, 2.3 hereof,thisAgreementshall,unlessextendedbythePartiesbymutualconsent,expireupontheearlierof(i)expiryofaperiodof60(sixty)daysafterthedeliveryofthefinalDeliverabletotheAuthority;and(ii)theexpiryof[5(five) and six months]fromtheEffectiveDate.UponTermination,theAuthorityshallmakepaymentsofallamountsduetotheConsultanthereunder.

2.5Entire Agreement

2.5.1ThisAgreementandtheAnnexestogetherconstituteacompleteandexclusivestatement ofthetermsoftheagreementbetweenthePartiesonthesubjecthereof,andnoamendmentormodificationheretoshallbevalidandeffectiveunlesssuchmodificationoramendmentisagreedtoinwritingbythePartiesanddulyexecutedbypersonsespeciallyempoweredinthisbehalfbytherespectiveParties.Allpriorwrittenororalunderstandings, offersorothercommunicationsofeverykindpertainingtothisAgreementareabrogatedandwithdrawn;provided,however,thattheobligationsoftheConsultantarisingoutoftheprovisionsoftheRFPshallcontinuetosubsistandshallbedeemedtoformpartofthisAgreement.

2.5.2WithoutprejudicetothegeneralityoftheprovisionsofClause 2.5.1,onmattersnotcoveredbythisAgreement,theprovisionsofRFPshallapply.

2.6Modification ofAgreement

ModificationofthetermsandconditionsofthisAgreement,includinganymodificationofthescopeoftheServices,mayonlybemadebywrittenagreementbetweentheParties.PursuanttoClause s4.2.3and6.1.3hereof,however,eachPartyshallgivedueconsiderationto

anyproposalsformodificationmadebytheotherParty.

2.7Suspension ofAgreement

TheAuthoritymay,bywrittennoticeofsuspensiontotheConsultant,suspendallpaymentstotheConsultanthereunderiftheConsultantshallbeinbreachofthisAgreementorshallfailtoperformanyofitsobligationsunderthisAgreement,includingthecarryingoutoftheServices;providedthatsuchnoticeofsuspension(i)shallspecifythenatureofthebreachorfailure,and(ii)shallprovideanopportunitytotheConsultanttoremedysuchbreachorfailurewithinaperiodnotexceeding15(fifteen)daysafterreceiptbytheConsultantofsuch

noticeofsuspension.

2.8Termination ofAgreement

2.8.1BytheAuthority

TheAuthoritymay,bynotlessthan15(fifteen)days’writtennoticeofterminationtotheConsultant,suchnoticetobegivenaftertheoccurrenceofanyoftheeventsspecifiedinthis agreement terminatethisAgreementif:

(a)theConsultantfailstoremedyanybreachhereoforanyfailureintheperformanceofits obligationshereunder,asspecifiedinanoticeofsuspensionpursuanttoClause 2.8 hereinabove,within15(fifteen)daysofreceiptofsuchnoticeofsuspensionorwithinsuchfurtherperiodastheAuthoritymayhavesubsequentlygrantedinwriting;

(b)theConsultantbecomesinsolventorbankruptorentersintoanyagreementwithitscreditorsforreliefofdebtortakeadvantageofanylawforthebenefitofdebtorsorgoesintoliquidationorreceivershipwhethercompulsoryorvoluntary;

(c)theConsultantfailstocomplywithanyfinaldecisionreachedasaresultofarbitrationproceedingspursuanttoClause 9hereof;

(d)theConsultantsubmitstotheAuthorityastatementwhichhasamaterialeffectontherights,obligationsorinterestsoftheAuthorityandwhichtheConsultantknowstobefalse;

(e)anydocument,information,dataorstatementsubmittedbytheConsultantinitsProposals, based on which the Consultant was considered eligible or successful,isfoundtobefalse,incorrectormisleading;

(f)during the period of agreement if the services of the consultant are no more required;

(g)theAuthority,initssolediscretionandforanyreasonwhatsoever,decidestoterminatethisAgreement.

2.8.2BytheConsultant

TheConsultantmay,bynotlessthan30(thirty)days’writtennoticetotheAuthority,suchnoticetobegivenaftertheoccurrenceofanyoftheeventsspecifiedinthisagreement terminatethisAgreementif:

(a)theAuthorityfailstopayanymoneyduetotheConsultantpursuanttothisAgreementandnotsubjecttodisputepursuanttoClause 9hereofwithin45(fortyfive)daysafterreceivingwrittennoticefromtheConsultantthatsuchpaymentisoverdue;

(b)theAuthority is in material breach of its obligations pursuant to this Agreementandhasnotremediedthesamewithin45(forty-five)days(orsuch longerperiodastheConsultantmayhavesubsequentlygrantedinwriting)followingthereceiptbytheAuthorityoftheConsultant’snoticespecifyingsuchbreach;

(c)theAuthorityfailstocomplywithanyfinaldecisionreachedasaresultofarbitrationpursuanttoClause 9hereof.

2.8.3Cessationofrightsandobligations

UponterminationofthisAgreementpursuanttoClause s2.3hereof,oruponexpirationofthisAgreementpursuanttoClause 2.4hereof,allrightsandobligationsofthe Partieshereundershallcease,except(i)suchrightsandobligationsasmayhaveaccrued onthedateofterminationorexpiration,orwhichexpresslysurvivessuchTermination;(ii)theobligationofconfidentialitysetforthinClause 3.3hereof;(iii)theConsultant’sobligationtopermitinspection,copyingandauditingofsuchofitsaccountsandrecordssetforthinClause 3.5,asrelatetotheConsultant’sServicesprovidedunderthisAgreement,and (iv)anyrightorremedywhichaPartymayhaveunderthisAgreementortheApplicable Laws.

2.8.4CessationofServices

UponterminationofthisAgreementbynoticeofeitherPartytotheotherpursuanttoClauseshereof,theConsultantshall,immediatelyupondispatchorreceiptofsuchnotice,takeallnecessarystepstobringtheServicestoacloseinapromptandorderlymannerandshallmakeeveryreasonableefforttokeepexpendituresforthispurposetoa minimum.WithrespecttodocumentspreparedbytheConsultantandmaterialsfurnishedbytheAuthority,theConsultantshallproceedasprovidedrespectivelybyClause s3.8or3.9hereof.

2.8.5PaymentuponTermination

UponterminationofthisAgreementpursuanttoClauseshereof,theAuthorityshallmakethefollowingpaymentstotheConsultant(afteroffsettingagainstthesepaymentsanyamountthatmaybeduefromtheConsultanttotheAuthority):

(i)remunerationpursuanttoClause 6hereofforServicessatisfactorilyperformedpriortothedateoftermination;

(ii)reimbursableexpenditurespursuanttoClause 6hereofforexpendituresactuallyincurredpriortothedateoftermination;and

(iii)exceptinthecaseofterminationpursuanttoClauses hereof,reimbursementofanyreasonablecostincidentaltothepromptandorderlyterminationoftheAgreementincludingthecostofthereturntraveloftheConsultant’spersonnel.

2.8.6DisputesaboutEventsofTermination

IfeitherPartydisputeswhetheraneventspecifiedinClause hereofhasoccurred,suchPartymay,within30(thirty)daysafterreceiptofnoticeofterminationfromtheotherParty,referthemattertoarbitrationpursuanttoClause 9hereof,andthisAgreementshallnotbeterminatedonaccountofsucheventexceptinaccordancewiththetermsofanyresultingarbitralaward.

3.OBLIGATIONS OFTHE CONSULTANT

3.1General

3.1.1StandardsofPerformance

TheConsultantshallperformtheServicesandcarryoutitsobligationshereunderwithallduediligence,efficiencyandeconomy,inaccordancewithgenerallyacceptedprofessionaltechniquesandpractices,andshallobservesoundmanagementpractices,andemployappropriateadvancedtechnologyandsafeandeffectiveequipment,machinery,materialsandmethods.TheConsultantshallalwaysact,inrespectofanymatterrelatingtothisAgreementortotheServices,asafaithfuladvisertotheAuthority,andshallatalltimessupportandsafeguardthe Authority’slegitimateinterestsinanydealingswithSub-consultantsorThirdParties.

3.1.2TermsofReference

ThescopeofServicestobeperformedbytheConsultantisspecifiedintheTermsofReference(the“TOR”)atAnnex-1ofthisAgreement.TheConsultantshallprovidetheDeliverablesspecifiedthereininconformitywiththetimeschedulestatedtherein.

3.1.3ApplicableLaws

TheConsultantshallperformtheServicesinaccordancewiththeApplicableLawsandshalltakeallpracticablestepstoensurethatanySub-Consultant,aswellasthePersonnelandagentsoftheConsultantandanySub-Consultant,complywiththeApplicableLaws.

3.2Conflict of Interest

3.2.1TheConsultantshallnothaveaConflictofInterestandanybreachhereofshallconstitutea breachoftheAgreement.

3.2.2ConsultantandAffiliatesnottobeotherwiseinterestedintheProject

TheConsultantagreesthat,duringthetermofthisAgreementandafteritstermination,theConsultantoranyAssociatethereof,aswellasanySub-ConsultantandanyentityaffiliatedwithsuchSub-Consultant,shallbedisqualifiedfromprovidinggoods,works,services,loansorequityforanyprojectresultingfromorcloselyrelatedtotheServicesandanybreachofthisobligationshallamounttoaConflictofInterest;providedthattherestrictionhereinshallnotapplyafteraperiodofthreeyearsfromthecompletionofthisassignmentortoconsultingassignmentsgrantedbybanks/lendersatanytime;providedfurtherthatthisrestrictionshallnotapplytoconsultancy/advisoryservicesprovidedtotheAuthorityincontinuationof thisConsultancyortoanysubsequentconsultancy/advisoryservicesprovidedtotheAuthorityinaccordancewiththerulesoftheAuthority.Fortheavoidanceofdoubt,anentityaffiliatedwiththeConsultantshallincludeapartnerinthefirmoftheConsultantorapersonwhoholdsmorethan5%(fivepercent)ofthesubscribedandpaidupsharecapitaloftheConsultant,asthecasemaybe,andanyAssociatethereof.

3.2.3 Prohibitionofconflictingactivities

NeithertheConsultantnoritsSub-consultantnorthePersonnelofeitherofthemshallen-gage,eitherdirectlyorindirectly,inanyofthefollowingactivities:

(a)duringthetermofthisAgreement,anybusinessorprofessionalactivitieswhichwouldconflictwiththeactivitiesassignedtothemunderthisAgreement;

(b)aftertheterminationofthisAgreement,suchotheractivitiesasmaybespecifiedintheAgreement;or

(c)atanytime,suchotheractivitiesashavebeenspecifiedintheRFPasConflictofInterest.

3.2.4Consultantnottobenefitfromcommissions,discounts,etc.

TheremunerationoftheConsultantpursuanttoClause 6hereofshallconstitutetheConsultant’s soleremunerationinconnectionwiththisAgreementortheServicesandtheConsultantshallnotacceptforitsownbenefitanytradecommission,discountorsimilarpaymentinconnectionwithactivitiespursuanttothisAgreementortotheServicesorinthedischargeofitsobligationshereunder,andtheConsultantshalluseitsbesteffortstoensurethatanySub-Consultant,aswellasthePersonnelandagentsofeitherofthem,similarlyshallnotreceiveanysuchadditionalremuneration.

3.2.5TheConsultantanditsPersonnelshallobservethehigheststandardsofethicsandnothaveengagedinandshallnothereafterengageinanycorruptpractice,fraudulentpractice,coercivepractice,undesirablepracticeorrestrictivepractice(collectivelythe“ProhibitedPractices”).NotwithstandinganythingtothecontrarycontainedinthisAgreement,theAuthorityshallbeentitledtoterminatethisAgreementforthwithbyacommunicationinwritingtotheConsultant,withoutbeingliableinanymannerwhatsoevertothe Consultant,ifitdeterminesthattheConsultanthas,directlyorindirectlyorthroughanagent,engagedinanyProhibitedPracticesintheSelectionProcessorbeforeorafterenteringintoofthisAgreement.Insuchanevent,theAuthorityshallforfeitandappropriatethePerformanceSecurity,ifany,asmutuallyagreedgenuinepre-estimatedcompensationanddamagespayabletotheAuthoritytowards,interalia,time,costandeffortoftheAuthority,withoutprejudicetotheAuthority’sanyotherrightsorremedyhereunderorinlaw.

3.2.6WithoutprejudicetotherightsoftheAuthorityunderClause 3.2.5aboveandtheotherrightsandremedieswhichtheAuthoritymayhaveunderthisAgreement,iftheConsultantisfoundbytheAuthoritytohavedirectlyorindirectlyorthroughanagent,engagedorindulgedinanyProhibitedPractices,duringtheSelectionProcessorbeforeoraftertheexecutionofthisAgreement,theConsultantshallnotbeeligibletoparticipateinanytenderorRFPissuedduringaperiodof2(two)yearsfromthedatetheConsultantisfoundbytheAuthoritytohavedirectlyorindirectlyorthroughanagent,engagedorindulgedinanyProhibitedPrac

tices.

3.2.7ForthepurposesofClause s3.2.5and3.2.6,thefollowingtermsshallhavethemeaninghereinafterrespectivelyassignedtothem:

(a)“corruptpractice”meanstheoffering,giving,receivingorsoliciting,directlyorindirectly, ofanythingofvaluetoinfluencetheactionsofanypersonconnectedwiththeSelectionProcess(forremovalofdoubt,offeringofemploymentoremployingorengaginginanymannerwhatsoever,directlyorindirectly,anyofficialoftheAuthoritywhoisorhasbeenassociatedinanymanner,directlyorindirectlywithSelectionProcessorLOAordealingwithmattersconcerningtheAgreementbeforeoraftertheexecutionthereof,atanytimepriortotheexpiryofoneyearfromthedatesuchofficialresignsorretiresfromorotherwiseceasestobeintheserviceoftheAuthority,shallbedeemedtoconstituteinfluencingtheactionsofapersonconnectedwiththeSelectionProcess);or(ii)engaginginanymannerwhatsoever,whetherduringtheSelectionProcessoraftertheissueofLOAorafterthe executionoftheAgreement,asthecasemaybe,anypersoninrespectofanymatterrelatingtotheProjectortheLOAortheAgreement,whoatanytimehasbeenorisalegal,financialortechnicaladvisertheAuthorityinrelationtoanymatterconcerningtheProject;

(b)“fraudulentpractice”meansamisrepresentationoromissionoffactsorsuppressionoffactsordisclosureofincompletefacts,inordertoinfluencetheSelectionProcess;

(c)“coercivepractice”meansimpairingorharming,orthreateningtoimpairorharm,directlyorindirectly,anypersonorpropertytoinfluenceanyperson’sparticipationoractionintheSelectionProcessortheexerciseofitsrightsorperformanceofitsobligationsbytheAuthorityunderthisAgreement;

(d)“undesirablepractice”means(i)establishingcontactwithanypersonconnectedwithoremployedorengagedbytheAuthoritywiththeobjectiveofcanvassing,lobbyingorinanymannerinfluencingorattemptingtoinfluencetheSelectionProcess;or(ii)havingaConflictofInterest;and

(e)“restrictivepractice”meansformingacartelorarrivingatanyunderstandingorarrangementamongApplicantswiththeobjectiveofrestrictingormanipulatingafullandfaircom-petitionintheSelectionProcess.

3.3Confidentiality

TheConsultant,itsSub-ConsultantsandthePersonnelofeitherofthemshallnot,either duringthetermorwithintwoyearsaftertheexpirationorterminationofthisAgreementdiscloseanyproprietaryinformation,includinginformationrelatingtoreports,data,drawings,designsoftwareorothermaterial,whetherwrittenororal,inelectronicormagneticformat,andthecontentsthereof;andanyreports,digestsorsummariescreatedor derivedfromanyoftheforegoingthatisprovidedbytheAuthoritytotheConsultant,its Sub-ConsultantsandthePersonnel;anyinformationprovidedbyorrelatingtotheAuthority,itstechnology,technicalprocesses,businessaffairsorfinancesoranyinformationrelatingtotheAuthority’semployees,officersorotherprofessionalsorsuppliers,customers,orcontractorsoftheAuthority;andanyotherinformationwhichtheConsultantisunderanobligationtokeepconfidentialinrelationtotheProject,theServicesorthisAgreement(“ConfidentialInformation”),withoutthepriorwrittenconsentof theAuthority.

Notwithstandingtheaforesaid,theConsultant,itsSub-ConsultantsandthePersonnelofeitherofthemmaydiscloseConfidentialInformationtotheextentthatsuchConfidentialInformation:

(i)wasinthepublicdomainpriortoitsdeliverytotheConsultant,itsSub-ConsultantsandthePersonnelofeitherofthemorbecomesapartofthepublicknowledgefromasourceotherthantheConsultant,itsSub-ConsultantsandthePersonnelofeitherofthem;

(ii)wasobtainedfromathirdpartywithnoknowndutytomaintainitsconfidentiality;(iii) isrequiredtobedisclosedbyApplicableLawsorjudicialoradministrative

orarbitralprocessorbyanygovernmentalinstrumentalities,providedthatforanysuchdisclosure,theConsultant,itsSub-ConsultantsandthePersonnelofeither of them shall give theAuthority, prompt written notice, and usereasonableeffortsto ensure thatsuchdisclosureisaccordedconfidentialtreatment;and

(iv)isprovidedtotheprofessionaladvisers,agents,auditorsorrepresentativesoftheConsultantoritsSub-ConsultantsorPersonnelofeitherofthem,asisreasonableunderthe circumstances;provided,however,thattheConsultantoritsSub-ConsultantsorPersonnelofeitherofthem,asthecasemaybe,shallrequiretheirprofessionaladvisers,agents,auditorsoritsrepresentatives,toundertakeinwritingtokeepsuchConfidentialInformation,confidentialandshalluseitsbest

effortstoensurecompliancewithsuchundertaking.

3.4LiabilityoftheConsultant

3.4.1TheConsultant’sliabilityunderthisAgreementshallbedeterminedbytheAuthority and ApplicableLawsandtheprovisionshereof.

3.4.2TheConsultantshall,subjecttothelimitationspecifiedinClause 3.4.3,beliabletotheAuthorityforanydirectlossordamageaccruedorlikelytoaccrueduetodeficiencyinServicesrenderedor to be rendered byit or the Lead Auditor;

3.4.3ThePartiesheretoagreethatincaseofnegligenceorwillfulmisconductonthepartoftheConsultantoronthepartofanypersonorfirmactingonbehalfoftheConsultantincarryingouttheServices,theConsultant,withrespecttodamagecausedtotheAuthority’sproperty, shallnotbeliabletotheAuthority:

(i)foranyindirectorconsequentiallossordamage;and

(ii)foranydirectlossordamagethatexceeds(a)theAgreementValuesetforthinClause 6.1.2ofthisAgreement,or(b)theproceedstheConsultantmaybeentitledtoreceivefromanyinsurancemaintainedbytheConsultanttocoversuch aliability,whicheverof(a)or(b)ishigher.

3.4.4ThislimitationofliabilityspecifiedinClause 3.4.3shallnotaffecttheConsultant’sliability,ifany,fordamagetoThirdPartiescausedbytheConsultantoranypersonorfirmactingonbehalfoftheConsultantincarryingouttheServicessubject,however,toalimitequalto3 (three)timestheAgreementValue.

3.5Accounting,inspectionandauditing

TheConsultantshall:

(a)keepaccurateandsystematicaccountsandrecordsinrespectoftheServicesprovided underthisAgreement,inaccordancewithinternationallyacceptedaccountingprinciplesandstandardssuchasIndianAccounting Standards,GAAP, etcandinsuchformanddetailaswillclearlyidentifyallrelevanttimechargesand cost, and the basis thereof (including the basis of the Consultant’s costs andcharges);and

(b)permittheAuthorityoritsdesignatedrepresentativeperiodically,anduptooneyearfromtheexpirationorterminationofthisAgreement,toinspectthesameandmakecopiesthereofaswellastohavethemauditedbyauditorsappointedbytheAuthority.

3.6Consultant’sactionsrequiringtheAuthority’spriorapproval

TheConsultantshallobtaintheAuthority’spriorapprovalinwritingbeforetakinganyofthefollowingactions:

(a)Appointingsuchmembersoftheprofessionalpersonnelasarenotlistedin

(b)anyotheractionthatisspecifiedinthisAgreement.

3.7Reporting obligations

3.7.1The Consultant shall submit to theAuthority the reports and documents specified in theAgreement,intheform,inthenumbersandwithinthetimeperiodssetforththerein.

3.7.2TheConsultantshallelectronicallyandbymail,submitfortnightlytimereportsofeachoftheKeyPersonnel,totheAuthority,intheformatsetoutby the Authority.Suchtimereportsshallbesubmittedonthe15thandthelastdayofeachcalendarmonthbyendofthebusinessdayandshallincludethenumberofhoursexpendedontheProjectbytheKeyPersonneloneachworkingdayofthefortnightcoveredbythetimereport.ThetimereportsshallalsoincludeabriefdescriptionofworkperformedduringthatfortnightbyeachoftheKeyPersonnel.

3.8DocumentspreparedbytheConsultanttobepropertyoftheAuthority

3.8.1Allreportsandotherdocuments(collectivelyreferredtoas“ConsultancyDocuments”)preparedbytheConsultant(orbytheSub-ConsultantsoranyThirdParty)inperformingtheServicesshallbecomeandremainthepropertyoftheAuthority,andallintellectualpropertyrightsinsuchConsultancyDocumentsshallvestwiththeAuthority.AnyConsultancyDocument,ofwhichtheownershiportheintellectualpropertyrightsdonotvestwiththeAuthorityunderlaw,shallautomaticallystandassignedtotheAuthorityasandwhensuchConsultancyDocumentiscreatedandtheConsultantagreestoexecuteallpapersandtoperformsuchotheractsastheAuthoritymaydeemnecessarytosecureitsrightshereinassignedbytheConsultant.

3.8.2TheConsultantshall,notlaterthanterminationorexpirationofthisAgreement,deliverallConsultancyDocumentstotheAuthority,togetherwithadetailedinventorythereof.TheConsultantmayretainacopyofsuchConsultancyDocuments.TheConsultant,itsSub-ConsultantsoraThirdPartyshallnotusetheseConsultancyDocumentsforpurposesunrelatedtothisAgreementwithoutthepriorwrittenapprovaloftheAuthority.

3.8.3TheConsultantshallholdtheAuthorityharmlessandindemnifiedforanylosses,claims,damages,expenses(includingalllegalexpenses),awards,penaltiesorinjuries(collectivelyreferredtoas“Claims”)whichmayarisefromorduetoanyunauthoriseduseofsuchConsultancyDocuments,orduetoanybreachorfailureonpartoftheConsultantoritsSub-ConsultantsoraThirdPartytoperformanyofitsdutiesorobligationsinrelationtosecuringtheaforementionedrightsoftheAuthority.

3.9MaterialsfurnishedbytheAuthority

MaterialsmadeavailabletotheConsultantbytheAuthorityshallbethepropertyoftheAuthorityandshallbemarkedaccordingly.UponterminationorexpirationofthisAgree-ment,theConsultantshallfurnishforthwithtotheAuthority,aninventoryofsuchmaterialsandshalldisposeofsuchmaterialsinaccordancewiththeinstructionsoftheAuthority.

3.10Providing access to Project Office and Personnel

TheConsultantshallensurethatthe Authority,andofficialsofthe AuthorityhavingauthorizationfromtheAuthority,areprovidedunrestrictedaccesstotheofficeoftheConsultantandtoallPersonnelduringofficehours.TheAuthority’sofficial,whohasbeenauthorizedbytheAuthorityinthisbehalf,shallhavetherighttoinspecttheServicesinprogress,interactwithPersonneloftheConsultantandverifytherecordsrelatingtotheServicesforhissatisfaction.

3.11AccuracyofDocuments/Reports

TheConsultantshallberesponsibleforaccuracyofthedocuments/Reportsdraftedand/orvettedanddatacollectedbyitdirectlyorprocuredfromotheragencies/authorities,estimatesandallotherdetailspreparedbyitaspartoftheseservices.SubjecttotheprovisionsofClause 3.4,itshallindemnifytheAuthorityagainstanyinaccuracyinitsworkwhichmightsurfaceduringimplementationoftheProject,ifsuchinaccuracyistheresultofanynegligenceorinadequateduediligenceonpartoftheConsultantorarisesoutofitsfailuretoconformtogoodindustrypractice.TheConsultantshallalsoberesponsibleforpromptlycorrecting,atitsowncostandrisk,thedocumentsincludinganyre-survey/investigations.

4.CONSULTANT’SPERSONNELANDSUB-CONSULTANTS

4.1General

TheConsultantshallemployandprovidesuchqualifiedandexperiencedPersonnelasmayberequiredtocarryouttheServices.

4.2Deployment of Personnel

4.2.1Thedesignations,namesandotherparticularsofeachoftheConsultant’sKeyPersonnelrequiredincarryingouttheServicesaredescribedin TOR and Agreement.TheestimateofPersonnelcostsandmandayratesarespecifiedin thisAgreement.

4.2.2AdjustmentswithrespecttotheestimatedperiodsofengagementofPersonnelsetforthintheaforementionedAnnex-3maybemadebytheConsultantbywrittennoticetotheAuthority,providedthat(i)suchadjustmentsshallnotaltertheoriginallyestimatedperiodofengagementofanyindividualbymorethan30%(thirtypercent),and(ii)theaggregateofsuchadjustmentsshallnotcausepaymentsundertheAgreementtoexceedtheAgreementValuesetforthinClause 6.1.2ofthisAgreementbymorethan25%(twentyfivepercent)thereof.AnyotheradjustmentsshallonlybemadewiththewrittenapprovaloftheAuthority.

4.2.3IfadditionalworkisrequiredbeyondthescopeoftheServicesspecifiedintheTermsofReference,theestimatedperiodsofengagementofPersonnel,setforthintheAnnexesoftheAgreementmaybeincreasedbyagreementinwritingbetweentheAuthorityandtheConsultant,providedthatanysuchincreaseshallnot,exceptasotherwiseagreed,causepaymentsunderthisAgreementtoexceedtheAgreementValuesetforthinClause 6.1.2.

4.3ApprovalofPersonnel

4.3.1TheKeyPersonneloftheAgreementareherebyapprovedbytheAuthority.NootherKeyPersonnelshallbeengagedwithoutpriorapprovaloftheAuthority.

4.3.2IftheConsultanthereafterproposestoengageanypersonasProfessionalPersonnel,itshallsubmittotheAuthorityitsproposalalongwithaCVofsuchpersonintheformprovidedatAppendix–I(Form-11)oftheRFP.TheAuthoritymayapproveorrejectsuchproposalwithin14(fourteen)daysofreceiptthereof.Incasetheproposalisrejected,theConsultantmayproposeanalternativepersonfortheAuthority’sconsideration.IntheeventtheAuthoritydoesnotrejectaproposalwithin14(fourteen)daysofthedateofreceiptthereofunderthisClause 4.3,itshallbedeemedtohavebeenapprovedbytheAuthority.

4.4Substitution of Key Personnel

TheAuthorityexpectsalltheKeyPersonnelspecifiedintheProposaltobeavailableduring implementationoftheAgreement.TheAuthoritywillnotconsideranysubstitutionofKeyPersonnelexceptundercompellingcircumstancesbeyondthecontroloftheConsultantandtheconcernedKeyPersonnel.SuchsubstitutionshallbelimitedtonotmorethantwoKeyPersonnelsubjecttoequallyorbetterqualifiedandexperiencedpersonnelbeingprovidedtothesatisfactionoftheAuthority.Withoutprejudicetotheforegoing,substitutionoftheFinancialExpertshallbepermittedonlyuponreductionofremunerationequalto20%(twentypercent)ofthetotalremunerationspecifiedfortheKeyPersonnelwhoisproposedtobesubstituted.

TheConsultantshouldspecificallynotethatsubstitutionoftheFinancialExpertwillnotnormallybeconsideredduringtheimplementationoftheAgreementandmayleadtodisqualificationoftheApplicantorterminationoftheAgreement.TheFinancialExpertmustcommitthetimerequiredforandbeavailablefordeliveringtheConsultancyinaccordancewiththetermsspecifiedherein.

4.5Team Leader/ProjectManager

Thepersondesignatedasthe Team Leader ..oftheConsultant’sPersonnelshallberesponsibleforthecoordinated,timelyandefficientfunctioningofthePersonnel.Inaddition,theConsultantshalldesignateasuitablepersonasProjectManager(the“Team Leader”)whoshallberesponsiblefordaytodayperformanceoftheServices.

5.OBLIGATIONSOFTHEAUTHORITY

5.1Assistance inclearancesetc.

UnlessotherwisespecifiedintheAgreement,theAuthorityshallmakebesteffortstoensurethattheGovernmentshall:

(a)providetheConsultant,andPersonnelwithworkpermitsandsuchotherdocumentsasmay benecessarytoenabletheConsultant,orPersonneltoperformtheServices;

5.2Accesstolandandproperty

TheAuthoritywarrantsthattheConsultantshallhave,freeofcharge,unimpededaccesstothesiteoftheprojectinrespectofwhichaccessisrequiredfortheperformanceofServices;providedthatifsuch accessshallnotbemadeavailabletotheConsultantasandwhensorequired,thePartiesshallagreeon(i)thetimeextension,asmaybeappropriate,fortheperformanceofServices,and(ii)theadditionalpayments,ifany,tobemadetotheConsult-antasaresultthereofpursuanttoClause 6.1.3.

5.3ChangeinApplicableLaw

If,afterthedateofthisAgreement,thereisanychangeintheApplicableLawswithrespecttotaxesanddutieswhichincreasesordecreasesthecostorreimbursableexpensesincurredbytheConsultantinperformingtheServices,byanamountexceeding2%(twopercent)oftheAgreementValue specified in Clause 6.1.2, then the remuneration and reimbursableexpensesotherwisepayabletotheConsultantunderthisAgreementshallbeincreasedordecreasedaccordinglybyagreementbetweenthePartieshereto,andcorrespondingadjustmentsshallbemadetotheaforesaidAgreementValue.

Allservicetaxandothertaxesotherthanincometax,asmaybeapplicablefromtimetotime,onthepaymentoftheprofessionalfeestotheConsultant,shallbebornebytheAuthority.

5.4Payment

In consideration of the Services performed by the Consultant under thisAgreement, theAuthorityshallmaketotheConsultantsuchpaymentsandinsuchmannerasisprovidedinClause 6ofthisAgreement.

6.PAYMENT TOTHECONSULTANT

6.1Cost estimatesandAgreement Value

6.1.1AnabstractofthecostoftheServicespayabletotheConsultantissetforthinAnnexure-1oftheAgreement.

6.1.2ExceptasmaybeotherwiseagreedunderClause 2.6andsubjecttoClause s4.2.2and6.1.3,thepaymentsunderthisAgreementshallnotexceedtheagreementvaluespecifiedherein(the“AgreementValue”).ThePartiesagreethattheAgreementValueisRs.……….(Rs.…………………….),whichdoesnotincludetheAdditionalCostsspecifiedinAnnex- 1(the“AdditionalCosts”).

6.1.3NotwithstandinganythingtothecontrarycontainedinClause 6.1.2,ifpursuanttotheprovisionsofClause 2.6,thePartiesagreethatadditionalpaymentsshallbemadetotheConsultantinordertocoveranyadditionalexpendituresnotenvisagedinthecostestimates referred to in Clause 6.1.1 above, theAgreementValue setforth in Clause 6.1.2aboveshallbeincreasedbytheamountoramounts,asthecasemaybe,ofanysuch

additionalpayments.

6.2Currencyofpayment

AllpaymentsshallbemadeinIndianRupees.TheConsultantshallbefreetoconvertRu-peesintoanyforeigncurrencyasperApplicableLaws.

6.3Modeofbillingandpayment

BillingandpaymentsinrespectoftheServicesshallbemadeasfollows:-

(a)TheConsultantshallbepaidforitsservicesasperthePaymentScheduleatAnnexure-1ofthisAgreement,andClause s4,5.2,5.3,5.4,5.5,5.6,5.7and10oftheTOR,andtheratesspecifiedinAnnex-1ofthisAgreement,subjecttotheConsultantfulfillingthefollowingconditions:

(i)NopaymentshallbedueforthenextstagetilltheConsultantcompletestothesatisfactionoftheAuthoritytheworkpertainingtotheprecedingstage.Provided,however,thatfortheDeliverablesspecifiedat[KD7andKD8]inClause 5.2oftheTOR,paymentshallbedueandpayablebytheAuthorityforthemanhoursspentduringeachcalendarmonth;and

(ii)TheAuthorityshallpaytotheConsultant,onlytheundisputedamount.

(b)TheAuthorityshallcausethepaymentduetotheConsultanttobemadewithin30(thirty)daysafterthereceiptbytheAuthorityofdulycompletedbillswithnecessaryparticulars(the“DueDate”).Interestattherateof10%(tenpercent)perannumshallbecomepayablebytheAuthorityasfromtheDueDateonanyamountdueby,butnotpaidonorbefore,suchDueDate.

(c)ThefinalpaymentunderthisClause 6.3shallbemadeonlyafterthefinal Deliverable shallhavebeensubmittedbytheConsultantandapprovedassatisfactorybytheAuthority.TheServicesshallbedeemedcompletedandfinallyacceptedbythe AuthorityandthefinalDeliverableshallbedeemedapprovedbytheAuthorityassatisfactoryuponexpiryof60(sixty)daysafterreceiptofthefinalDeliverableunlesstheAuthority,withinsuch60(sixty)dayperiod,giveswrittennoticetothe Consultantspecifyingindetail,thedeficienciesintheServices.TheConsultantshallthereuponpromptlymakeanynecessarycorrectionsand/oradditions,andupon completionofsuchcorrections or additions, the foregoing process shall be repeated. TheAuthority shall make the final payment upon acceptance or deemed acceptanceofthefinalDeliverablebytheAuthority.

(d)AnyamountwhichtheAuthorityhaspaidorcausedtobepaidinexcessoftheamountsactuallypayableinaccordancewiththeprovisionsofthisAgreementshallbereimbursedbytheConsultanttotheAuthoritywithin30(thirty) daysafterreceiptbytheConsultantofnoticethereof.AnysuchclaimbytheAuthorityforreimbursementmustbemadewithin1(one)yearafterreceiptbytheAuthorityof a final report in accordance with Clause 6.3(c).Any delay by the Consultantinreimbursementbytheduedateshallattractsimpleinterest@10%(tenpercent)perannum.

(e)AllpaymentsunderthisAgreementshallbemadetotheaccountoftheConsultantasmaybenotifiedtotheAuthoritybytheConsultant.

7.LIQUIDATEDDAMAGESANDPENALTIES

7.1PerformanceSecurity

7.1.1ForthepurposesofthisAgreement,performancesecurityshallbedeemedtobeanamountequalto10%(tenpercent)oftheAgreementValue(the“PerformanceSecurity”);pro-videdthattheConsultantshallnotberequiredtoprovidePerformanceSecurityintheformofabankguaranteeorcashdeposit.

7.1.2NotwithstandinganythingtothecontrarycontainedinClause 7.1.1,asandwhenpaymentsbecomeduetotheConsultantforitsServices,theAuthorityshallretainbywayofPerformanceSecurity,10%(tenpercent)ofalltheamountsdueandpayabletotheConsultant,tobeappropriatedagainstbreachofthisAgreementorforrecoveryofliquidateddamagesasspecifiedinClause 7.2.ThebalanceremainingoutofthePerformanceSecurityshallbereturnedtotheConsultantattheendofthreemonthsaftertheexpiryofthisAgreementpursuanttoClause 2.4hereof.Fortheavoidanceofdoubt,thepartiesheretoexpresslyagreethat in addition to appropriation of the amounts withheld hereunder, in the event of anydefaultrequiringtheappropriationoffurtheramountscomprisingthePerformanceSecurity, theAuthoritymaymakedeductionsfromanysubsequentpaymentsdueandpayabletotheConsultanthereunder,asifitisappropriatingthePerformanceSecurityinaccordancewiththeprovisionsofthisAgreement.

7.1.3TheConsultantmay,inlieuofretentionoftheamountsasreferredtoinClause 7.1.1above,furnishaBankGuaranteesubstantiallyintheformspecifiedatAnnex-7ofthisAgreement.

7.2LiquidatedDamages

7.2.1LiquidatedDamagesforerror/variation

IncaseanyerrororvariationisdetectedinthereportssubmittedbytheConsultantandsucherrororvariationistheresultofnegligenceorlackofduediligenceonthepartoftheConsultant,theconsequentialdamagesthereofshallbequantifiedbytheAuthorityinareasonablemannerandrecoveredfromtheConsultantbywayofdeemedliquidateddamages,subjecttoamaximumoftheAgreementValue. Further latter at any stage it is found that the consultant has been blacklisted by any department /Govt will result in termination of the agreement and recovery of damages.

7.2.2LiquidatedDamagesfordelay

IncaseofdelayincompletionofServices,liquidateddamagesnotexceedinganamountequalto0.2%(zeropointtwopercent)oftheAgreementValueperday,subjecttoamaximumof10%(tenpercent)oftheAgreementValueshallbeimposedandshallberecoveredbyappropriationfromthePerformanceSecurityorotherwise.However,incaseofdelayduetoreasonsbeyondthecontroloftheConsultant,suitableextensionoftimeshallbegranted.

7.2.3EncashmentandappropriationofPerformanceSecurity

TheAuthorityshallhavetherighttoinvokeandappropriatetheproceedsofthePerformanceSecurity,inwholeorinpart,withoutnoticetotheConsultantintheeventofbreachofthisAgreementorforrecoveryofliquidateddamagesspecifiedinthisClause 7.2.

7.3PenaltyfordeficiencyinServices

Inadditiontotheliquidateddamagesnotamountingtopenalty,asspecifiedinClause 7.2,warningmaybeissuedtotheConsultantforminordeficienciesonitspart.InthecaseofsignificantdeficienciesinServicesas per RFP causingadverseeffectontheProjectoronthereputationoftheAuthority,otherpenalactionincludingdebarringforaspecifiedperiodmayalsobeinitiatedasperpolicyoftheAuthority.

8.FAIRNESSANDGOODFAITH

8.1GoodFaith

ThePartiesundertaketoactingoodfaithwithrespecttoeachother’srightsunderthis

AgreementandtoadoptallreasonablemeasurestoensuretherealisationoftheobjectivesofthisAgreement

8.2Operation of theAgreement

ThePartiesrecognisethatitisimpracticalinthisAgreementtoprovideforeverycontingencywhichmayariseduringthelifeoftheAgreement,andthePartiesherebyagreethatitistheirintentionthatthisAgreementshalloperatefairlyasbetweenthem,andwithoutdetrimenttotheinterestofeitherofthem,andthat,ifduringthetermofthisAgreementeitherPartybelievesthatthisAgreementisoperatingunfairly,thePartieswill use their best efforts to agree on such action as may be necessary to remove thecauseorcausesofsuchunfairness,butfailuretoagreeonanyactionpursuanttothisClause 8.2shallnotgiverisetoadisputesubjecttoarbitrationinaccordancewithClause 9hereof.

9.SETTLEMENTOFDISPUTES

9.1Amicable settlement

The Parties shall use their best efforts to settle amicably all disputes arising out of or inconnectionwiththisAgreementortheinterpretationthereof.

9.2Dispute resolution

9.2.1Anydispute,differenceorcontroversyofwhatevernaturehowsoeverarisingunderoroutoforinrelationtothisAgreement(includingitsinterpretation)betweentheParties,andsonotifiedinwritingbyeitherPartytotheotherParty(the“Dispute”)shall,inthefirstin-stance,beattemptedtoberesolvedamicablyinaccordancewiththeconciliationproceduresetforthinClause 9.3.

9.2.2ThePartiesagreetousetheirbesteffortsforresolvingallDisputesarisingunderorinrespectofthisAgreementpromptly,equitablyandingoodfaith,andfurtheragreetoprovideeachotherwithreasonableaccessduringnormalbusinesshourstoallnon-privilegedrecords,informationanddatapertainingtoanyDispute.

9.3Conciliation

IntheeventofanyDisputebetweentheParties,eitherPartymaycallupon[Director, Punjab State Lotteries andtheManagingPartner/ChairmanoftheBoardofDirectorsoftheConsultantorasubstitutethereofforamicablesettlement,anduponsuchreferences,thesaidpersonsshallmeetnolaterthan10(ten)daysfromthedateofreferencetodiscussandattempttoamicablyresolvetheDispute.Ifsuchmeetingdoesnottakeplacewithinthe10(ten)dayperiodortheDisputeisnotamicablysettledwithin 15(fifteen)daysofthemeetingortheDisputeisnotresolvedasevidencedbythesigningofwrittentermsofsettlementwithin30(thirty)daysofthenoticeinwritingreferredtoinClause 9.2.1orsuchlongerperiodasmaybemutuallyagreedbytheParties,eitherPartymayrefertheDisputetoarbitrationinaccordancewiththepro-visionsofClause 9.4.

9.4Arbitration

9.4.1AnyDisputewhichisnotresolvedamicablybyconciliation,asprovidedinClause 9.3,shallbefinallydecidedbyreferencetoarbitrationbyanArbitrator inaccordancewithClause 9.4.2.

9.4.2In the event no amicable resolution or settlement is reached within a period of thirty (30) days from the date on which the above-mentioned dispute or difference arose, such dispute or difference shall be finally settled by arbitration. The arbitral tribunal shall consist of a sole arbitrator appointed by mutual agreement of the parties.

9.4.3In case of failure of the Parties to mutually agree on the name of a sole arbitrator, the arbitral tribunal shall consist of three arbitrators. Each party shall appoint one arbitrator and the two arbitrators so appointed shall jointly appoint the third arbitrator. The seat of arbitration shall be Chandigarh and the arbitration shall be conducted in the English language. The Arbitration and Conciliation Act, 1996 shall government the arbitral proceedings. The arbitral tribunal shall render its award within a period of 45 days from the date of commencement of arbitration proceedings and the award rendered by the arbitral tribunal shall be final and binding on the parties.

9.4.4Thearbitratorsshallmakeareasonedaward(the“Award”).AnyAwardmadeinanyarbitrationheldpursuanttothisClause 9shallbefinalandbindingonthePartiesasfromthedateitismade,andtheConsultantandtheAuthorityagreeandundertaketocarryoutsuchAwardwithoutdelay.

9.4.5TheConsultantandtheAuthorityagreethatanAwardmaybeenforcedagainsttheConsultantand/ortheAuthority,asthecasemaybe,andtheirrespectiveassetswhereversituated.

9.4.6ThisAgreementandtherightsandobligationsofthePartiesshallremaininfullforceandeffect,pendingtheAwardinanyarbitrationproceedingshereunder.

WITNESSWHEREOF,thePartiesheretohavecausedthisAgreementtobesignedintheirrespectivenamesasofthedayandyearfirstabovewritten.

SIGNED,SEALEDANDDELIVEREDSIGNED,SEALEDANDDELIVEREDForandonbehalfof Forandonbehalfof

Consultant:Authority

(Signature)(Signature) (Name) (Name) (Designation) (Designation) (Address) (Address)

(Fax)(FaxNo.)

Inthepresenceof:

1.

2.

Annexure 1

TIMEAND PAYMENTSCHEDULE

S. No. / Payment Milestones
(A) / Percentage of Project Development Fee Quoted (%)
(B) / Indicative Timelines with effect from the date of signing Agreement (‘Y’)
(C)
Phase I: Bid Process Management
Approval of Work Plan / 2% / Y + 7 days
Pre-bid meeting & issuance of clarifications, if any / 2% / Y + 15 days
Approval of Technical / Financial Evaluation Reports / 3% / Y + 45 days
Submissionof Draft LOI and Issuance thereof / 2% / Y + 60 days
Submission & approval of Draft SLAs / 3% / Y + 90 days
Signing of Concession Agreement/ SLAs / 3% / Y + 110 days
S. No. / Payment Milestones / Percentage of Project Development Fee Quoted (%) / Indicative Timelines with effect from completion of game design (‘Z’)
Phase II: IT System Review & Monitoring
Submission of review report pertaining to game design / 5% / Z + 15 days
Submission of review report pertaining to operating process / 5% / Z + 75 days
Submission of review report pertaining to IT support system / 5% / Z + 105 days
Submission of review report pertaining to IT security system / 5% / Z + 105 days
Submission of review report pertaining to the Implementation Plan / 5% / Z + 135 days
Phase III: Monitoring& Auditing
Submission of Compliance verification Report / 10% / Z + 175 days
Periodic Draw audit, Determine the number of winning tickets and Payout calculation testing / 50% / 15 days after end of each month

Note:

(i) Copies of reports, both in hard & soft form, will be provided by the Transaction Advisor to DIRECTORATE OF PUNJAB STATE LOTTERIES / AD/ SSC, as requested from time to time.
(ii) Comments/ suggestions/ modifications/ amendment/ approvals, if any, on the reports submitted, would be conveyed to the Transaction Advisor within 15 days (subject to availability of the competent authority).
(iii) Within 7 days of the receipt of comments/ suggestions/ approval, revised or final documents, as the case may be, would be submitted by the Transaction Advisor to all concerned.
(iv) All reports to be submitted should be duly vetted by the Transaction Advisor. All the documents (draft& final), such as RFP document, Notice of Award, Concession Agreement etc should be legally vetted by the Transaction Advisor.