This Agreement is made at …………… this … day of ……………. between M/s. ABC Co. Ltd., a Company registered under the Indian Companies Act, 1956, having its registered office at … hereinafter referred to as the Indian company of the One Part and M/s. XYZ Co. Ltd., a Company Incorporated under the laws in force in… having its registered office at ………………… hereinafter referred to as the Foreign Company of the Other Part.
Whereas the Indian Company is carrying on the business of manufacturing …………….. and owns a large factory (or factories) at … …………. And Whereas as the manufacturing process In the Indian Company’s factories is highly technical and complicated and the production turnover of the Indian Company is very large and requires also administrative skill, the Indian Company approached the Foreign Company, who Is carrying on business at… as technical and management advisers to different companies carrying on more or less similar business all over the world. for collaboration to act as technical and management adviser….
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