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Agreement Review And Drafting
Summary
Reviewing and drafting agreements involves ensuring clarity, legal compliance, and effective communication of terms. A professional legal document should include detailed sections on scope, responsibilities, fee structure, marketing, term, termination, governing law, dispute resolution, and miscellaneous provisions. It is crucial to use precise legal terminology and structure to avoid ambiguities and potential disputes. For personalized assistance, consider consulting a legal professional familiar with contract law in your jurisdiction.Full Conversation
Please check the whole agreement and write it more professionally using legal terms
DEED OF AGREEMENT
MEMORANDUM OF UNDERSTANDING (MoU)
This Deed of Agreement is executed on ………………..* at Guwahati, Assam, by and between:
*. RANGHAR GLOBAL ACADEMY, a registered educational institution having its principal office at Baihata Chariali, Kamrup (Rural), Assam *, represented herein by its Principal, Sri/Smt. ………………………………………, duly authorized to act on its behalf (hereinafter referred to as the "First Party").
AND
*. SPM & LALAN’S (Abhijantrik Technical Coaching Services Pvt. Ltd.), a private limited company incorporated under the Companies Act, *, having its registered office at Flat No. T4A-5D, Uttarayan Ville, Kahilipara, Guwahati, Assam *, represented herein by its Partner, Sri Lalan Kumar (hereinafter referred to as the "Second Party").
WHEREAS:
- The First Party is a reputed educational institution offering education for Classes *-*.
- The Second Party specializes in coaching services for competitive examinations, including Engineering and Medical entrance exams.
- Both parties desire to collaborate to establish a joint venture for providing integrated coaching services to students of Ranghar Global Academy.
NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS:
*. SCOPE OF COLLABORATION:
- The parties shall collaborate to provide Engineering and Medical Entrance Coaching to students of Ranghar Global Academy (Classes *–*).
- The Second Party shall design the curriculum, conduct classes, and ensure academic quality, while the First Party shall provide infrastructure and administrative support.
*. RESPONSIBILITIES:
A. Obligations of the Second Party:
- Provide academic counseling, study materials, and faculty for coaching.
- Monitor academic performance and submit quarterly progress reports to the First Party.
- Ensure a minimum *% pass rate in target entrance examinations annually.
B. Obligations of the First Party:
- Provide classrooms, utilities, and logistical support.
- Handle student enrollment, fee collection, and promotional activities.
*. FEE STRUCTURE & PAYMENT:
- Class *–* Students: ₹*,* + GST per student (Physics, Chemistry, Mathematics/Biology).
- Class *–* Students: ₹*,* + GST per student (Science, Mathematics, Social Science, Mental Ability).
- Fees shall be collected in two installments: *% at enrollment and *% after 2 months. Late payments shall attract a *.*% monthly interest.
*. MARKETING & EXPENSES:
- The First Party shall bear all promotional costs.
- The Second Party shall provide * unipole hoardings for 1 month. Costs shall be reimbursed by the First Party upon enrollment of * students in the integrated course.
*. TERM & TERMINATION:
- This Agreement is valid for 1 year from the execution date, renewable by mutual consent.
- Either party may terminate this Agreement upon 1 month’s written notice if the other party breaches obligations and fails to rectify within 2 months of notice.
*. GOVERNING LAW & DISPUTE RESOLUTION:
- This Agreement shall be governed by Indian law, with jurisdiction in Kamrup, Assam.
- Disputes shall be resolved through arbitration under the Arbitration and Conciliation Act, *.
*. MISCELLANEOUS:
- Entire Agreement: This Agreement supersedes all prior agreements. Amendments require written consent.
- Force Majeure: Neither party shall be liable for delays due to unforeseen events (e.g., natural disasters).
- Indemnification: Each party indemnifies the other against losses arising from its negligence.
IN WITNESS WHEREOF, the parties hereto execute this Agreement on the date first above written.
SIGNATURES:
For Ranghar Global Academy (First Party):
- Name: ___________________________
- Designation: Principal
- Signature: ________________________
- Date: ____________________________
For SPM & Lalan’s (Second Party):
- Name: Sri Lalan Kumar
- Designation: Partner
- Signature: ________________________
- Date: ____________________________
WITNESSES:
*. Name: _________________________
Address: _______________________
Signature: ______________________
*. Name: _________________________
Address: _______________________
Signature: ______________________
MEMORANDUM OF UNDERSTANDING (MoU)
This Deed of Agreement is executed on ………………..* at Guwahati, Assam, by and between:
*. RANGHAR GLOBAL ACADEMY, a registered educational institution having its principal office at Baihata Chariali, Kamrup (Rural), Assam *, represented herein by its Principal, Sri/Smt. ………………………………………, duly authorized to act on its behalf (hereinafter referred to as the "First Party").
AND
*. SPM & LALAN’S (Abhijantrik Technical Coaching Services Pvt. Ltd.), a private limited company incorporated under the Companies Act, *, having its registered office at Flat No. T4A-5D, Uttarayan Ville, Kahilipara, Guwahati, Assam *, represented herein by its Partner, Sri Lalan Kumar (hereinafter referred to as the "Second Party").
WHEREAS:
- The First Party is a reputed educational institution offering education for Classes *-*.
- The Second Party specializes in coaching services for competitive examinations, including Engineering and Medical entrance exams.
- Both parties desire to collaborate to establish a joint venture for providing integrated coaching services to students of Ranghar Global Academy.
NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS:
*. SCOPE OF COLLABORATION:
- The parties shall collaborate to provide Engineering and Medical Entrance Coaching to students of Ranghar Global Academy (Classes *–*).
- The Second Party shall design the curriculum, conduct classes, and ensure academic quality, while the First Party shall provide infrastructure and administrative support.
*. RESPONSIBILITIES:
A. Obligations of the Second Party:
- Provide academic counseling, study materials, and faculty for coaching.
- Monitor academic performance and submit quarterly progress reports to the First Party.
- Ensure a minimum *% pass rate in target entrance examinations annually.
B. Obligations of the First Party:
- Provide classrooms, utilities, and logistical support.
- Handle student enrollment, fee collection, and promotional activities.
*. FEE STRUCTURE & PAYMENT:
- Class *–* Students: ₹*,* + GST per student (Physics, Chemistry, Mathematics/Biology).
- Class *–* Students: ₹*,* + GST per student (Science, Mathematics, Social Science, Mental Ability).
- Fees shall be collected in two installments: *% at enrollment and *% after 2 months. Late payments shall attract a *.*% monthly interest.
*. MARKETING & EXPENSES:
- The First Party shall bear all promotional costs.
- The Second Party shall provide * unipole hoardings for 1 month. Costs shall be reimbursed by the First Party upon enrollment of * students in the integrated course.
*. TERM & TERMINATION:
- This Agreement is valid for 1 year from the execution date, renewable by mutual consent.
- Either party may terminate this Agreement upon 1 month’s written notice if the other party breaches obligations and fails to rectify within 2 months of notice.
*. GOVERNING LAW & DISPUTE RESOLUTION:
- This Agreement shall be governed by Indian law, with jurisdiction in Kamrup, Assam.
- Disputes shall be resolved through arbitration under the Arbitration and Conciliation Act, *.
*. MISCELLANEOUS:
- Entire Agreement: This Agreement supersedes all prior agreements. Amendments require written consent.
- Force Majeure: Neither party shall be liable for delays due to unforeseen events (e.g., natural disasters).
- Indemnification: Each party indemnifies the other against losses arising from its negligence.
IN WITNESS WHEREOF, the parties hereto execute this Agreement on the date first above written.
SIGNATURES:
For Ranghar Global Academy (First Party):
- Name: ___________________________
- Designation: Principal
- Signature: ________________________
- Date: ____________________________
For SPM & Lalan’s (Second Party):
- Name: Sri Lalan Kumar
- Designation: Partner
- Signature: ________________________
- Date: ____________________________
WITNESSES:
*. Name: _________________________
Address: _______________________
Signature: ______________________
*. Name: _________________________
Address: _______________________
Signature: ______________________
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