Work Contract Agreement Format in India

Sample Template Example of Work Contract Agreement Format in India in Word / Doc / Pdf Free Download

WORK AGREEMENT

THIS DEED OF agreement made at ______________________ on this the    Day of __________________Between Mr._________________, S/O ___________________ Resident of __________________ herein after referred to a Part of the First Part; (the terms Party of the First Part shall wherever the context admits, mean and include his heirs, legal representatives, executors and assigns) and M/S _________________________________ a Company registered under the Companies Act, 1956, having its Corporate Office, _______________________________________________________ Dist, represented by its General Manager, Mr. ___________ S/O ______________, R/O Shakarnagar, Bodhan herein after called part of the Second Part (the term Party of the Second Part shall wherever  the context admit, mean and include their heirs, legal representatives, Administrators, Successors-in-interest and assigns).

WHEREAS The Party of the First Part is in the business of supplying Sugar Cane through his own transport System.

ANDWHEREAS the Party of the Second Part is carrying on the business of manufacturing Sugar and its allied Products by procuring Sugar Cane.

ANDWHEREAS the Party of the First Part desired to supply Sugar Cane to the Party of the Second part. 

AND WHEREAS the Party of the Second Part has agreed to take the Sugar Cane from the Part of the First Part.

And whereas both the party of the First part and Party of the Party of Second Part have considered expedient that the terms and conditions of the contract of supplying Cane to the party of the Second Part by the party of the First Part should be reduced into writing and incorporated in this contract.

NOW THEREFORE THIS DEED:

1.   The Party of the First Part agrees to supply Sugar Cane to the Party of the Second part on the mutually agreed rate and the rate is fixed as Free on Road Price to _____________ for the crushing season

2.   The Party of the First part shall supply minimum of ____________ MTs of Sugar Cane to the Party of the Second Part during the season 2008-09.

3.   The Party of the First Part shall arrange required number of Lorries for the above Purpose.  For which the Party of the Second Part agrees to pay Rs. _________ ( Rupees _________only) to meet Transportation Charges to the Party of the First Part.

4.   The Party of the Second Part hereby agrees to pay above sum of Rs. ________( Rupees ______________ only) as interest free advance to the Party of the First Part.  The Party of the Second Part has this day paid the same by cheque NO. ___________________ Dated ____________ drawn on ________ Bank, _______________ in favour of the party of the First Part, the receipt of which sum the party of the First Part hereby admits and acknowledges.  Both the parties hereby agree that the said advance will be adjusted against the supply of sugar cane.

5.   The Party of the First part agrees to deposit two “C” Books, in Original, of the Lorries owned by the Party of the First part, as security for the above advance paid by the Party of the Second Part, which will be returned at the time of settlement.

6.   Party of the First part agrees to refund the above Advance of Rs. 1,20,000/- ( Rupees one lakh twenty thousand only)  with 15% interest from the date of receipt of the advance to the Party of the Second Part, in case the Party of the First part fails to supply the cane through his transportation.

7.   Further the Party of the First part agrees to pay the rate existing in 2008-09 season as Damages to the Party of the Second Part, in case the Party of the First part fails to supply the Sugar Cane as per clause 2 of this agreement.

WITNESS
1.	Party of the First part
2	Party of the Second Part

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