CONSULTING AGREEMENT
This AGREEMENT by and between M-Tex India, having a place of business at 1, Siddharth Nagar No.1, Off
S.N. Road, Tambe Nagar, Mulund West, Mumbai – 400080, Maharashtra, India (hereinafter, "Company") and
Dr. Ajish T P ("Consultant") is effective on this 07 December, 2022 ("effective date").
WITNESSETH
WHEREAS, the Company desires to appoint Consultant as an independent contractor and Consultant agrees
to accept such appointment and to serve as an independent contractor, on the terms and conditions
hereinafter set forth, and
WHEREAS, Consultant warrants and represents that he has the requisite qualifications, knowledge and
experience to render the Services (defined below);
NOW, THEREFORE, the parties agree as follows:
1.
Appointment: The Company appoints the Consultant in terms of providing professional academic
services and CME support services and other publications developed by Company from time to time.
2. Representations and Warranties: Consultant represents and warrants to Company that, as of the
Effective Date, any and all work performed by consultant hereunder shall not infringe upon any
copyright, patent, trademark, trade secret or other proprietary right of any third party.
3. Term: The appointment is to start as of 07 December, 2022 and will remain effective unless
terminated by either party at any time, upon 30 days' notice to the other party (the "Notice Period")
or Completion of the Service.
4. Duties of Consultant:
a. Consultant undertakes to perform his duties and obligations under this Agreement with the
highest degree of professionalism and to the full satisfaction of Company.
b. Consultant shall provide content, articles reviews, clinical updates, case studies and expert
opinions for the scientific publications of the company. Consultants shall participate in Advisory
Meetings, Awareness Camps, Market Surveys, CME, Lectures, Conferences, and Seminars,
Training Modules organized by company across all formats like print, digital, online (web and
mobile apps) and LIVE. Stay & travel arrangement will be done, if required for completion of
services.
5. No Exclusivity: The Engagement hereunder is not, and will not be construed as, exclusive and shall
not limit Consultant from engaging the services of any third party, which are equal or similar to the
Services rendered hereunder by consultant.
6. Fees: During the term of the appointment, Consultant shall be entitled to receive in consideration for
the provision of the Services rendered by Consultant to the Company. The Fees shall be payable upon
completion of this Agreement. The fees payable will be the total amount of ₹. 20,000/- (the “Fees”)
inclusive of below.
a. The fees paid is inclusive of GST, if any (PIs Provide GSTIN No. and Tax Invoice in case GSTIN is
applicable)
b. TDS deducted as applicable from time to time from the fees
7. Further Assurances: Each of the parties Will perform such further acts and sign such further
documents, Instruments, or any assurances as may be necessary to carry out and give full effect to
the provisions of this Agreement.
8. Governing Law and Jurisdiction: This Agreement shall be interpreted, construed and enforced in
accordance with the laws in India.
9. Entire Agreement Amendment: This Agreement, constitute the entire understanding and agreement
between the parties with regard to the subject matters hereof. This Agreement may not be amended
other than by an instrument in writing signed by all the parties hereto.
10. No Waiver: Either party's failure at any time to require strict compliance by the other party of the
provisions of this Agreement shall not diminish such party's right thereafter to demand strict
compliance therewith or with any other provision. Waiver of any particular default shall not waive
any other default.
11. Severability: In the event that any provision of this Agreement shall be deemed unlawful or otherwise
unenforceable, such provision shall be severed from this Agreement and all other provisions of the
Agreement shall continue in full force and effect.
12. Assignment: This Agreement may be assigned by the Company to any business, enterprise, person,
firm, corporation, partnership, association or other entity acquiring (by purchase, merger or
otherwise). directly or indirectly, the business and substantially all of the assets of the Company.
Consultant shall not assign any of his rights and obligations hereunder without the prior written
consent of Company, and any attempt to assign without such consent shall be null and void.
13. Notices: All Notices and other communications to be given to a party to this Agreement shall be in
writing and will be deemed sufficiently made (a) when delivered personally, (b) the first business day
after being sent by facsimile or electronic mail, with duplicate sent by express prepaid air-mail, (c)
the second business day after being sent by overnight courier with written notification of receipt. or
(d) ten business days after being sent by prepaid mail; to the addresses first-written above.
In Witness Whereof, the parties have indicated their acceptance of the terms of this Agreement by the
signatures set forth below on the dates indicated. Each individual signing for a corporate entity hereby
personally warrants his or her legal authority to bind that entity.
ACKNOWLEDGED AND AGREED:
For M-Tex India,
------------------------------Authorized Signatory
Seal & Signature
Dr. Ajish T P