DEAL CONTRACT FOR ISOLATED SEALED SOURCE

KNOW BY ALL MEN THESE PRESENTS:

This Deal Contract is made at and entered on this ............................... , 2021 between:

…………………………………………………………………………………., hereinafter referred to

as “The Care Taker(s)” [which expression shall unless excluded by or repugnant to the context
or meaning thereof, be deemed to include his Successors and Assigns) of the ONE PART:

AND

Mr. ………………………………………, ……………………., is the authorized official of ......

.........................................................,...........................................................................................
.....................................................................................................................................................
hereinafter referred to as “The Buyer(s) Mandate” [which expression shall unlessexcluded
by or repugnant to the context or meaning thereof, be deemed to include his Successors
and Assigns) of the OTHER PART:

This Deal contract [“The Contract”] entered into and executed by and between the Seller and
the Buyer for peaceful uses of isolated sealed source copper iridium alloy (herein after referred
to as “instrument”) through their respective authorized signatories identified herein below by
their respective Income tax Permanent Account Numbers.
 AND WHEREAS the said Care taker(s) hereto affirms and warrants with full
Recital corporate and legal responsibility and under penalty of perjury, the existence
and deliverability of the instrument, available and ready for transfer to any
interested Buyer that meets established criterion of the dealing terms set forth
hereunder for the purchase of the said instrument.

AND WHEREAS the said Care taker(s) further warrants that they are the sole
mandate and article owner and the owner is in physical possession of the said
Instrument, namely, isolated sealed source copper iridium, and they are ready,
willing and able to sell the same to the Buyer on the terms stipulated herein.
The said Care taker(s) also affirms that they will show the article to test and
further proceedings for the Buyer at the specified spot, nearby .........................

AND WHEREAS the said Care taker(s) declares that the owner does not have
any due and have required authority. Permits, licenses, clearances, etc. from
the concerned regulatory/competent Authorities that enables him to hold, keep in
storage facility as per the regulatory norms, negotiate and execute the transfer
of the said Instrument and THAT it shall be the responsibility of the Buyer to
arrange for all necessary permits, authorization, licenses, clearances for further
proceeding time to time as required.

AND WHEREAS the Buyer hereto affirms and warrants with full corporate and
legal responsibility and under penalty of perjury that he is legally authorized to
negotiate and purchase and receive the delivery of the instrument and effect the
payments promptly as per the terms of this Contract.

AND WHEREAS the Buyer further warrants that he is ready, willing and able to
buy and take the delivery of the said instrument offered by the Seller.

AND WHEREAS the Buyer further warrants that he does have and may further
take required authority, permits, licenses, clearances, etc. from the respective
regulating authorities of the Government of India that enables him to negotiate
and execute the purchase and receive the delivery physically of the said
instrument from the said Care taker in accordance with the terms, conditions
and procedure set out hereinafter.

AND WHEREAS the Buyer further warrants that he shall duly obtain any
pending or required permits on behalf of the said Care taker(s) time to time as
required there with to complete the transaction successfully.
 AND WHEREAS the Buyer further warrants that he has all required
arrangements for sufficient good, clean and clear funds of legitimate origin,
available for the purchase of the said instrument in accordance with the terms,
conditions and procedure set out hereafter.

AND WHEREAS this transaction shall be accomplished under the following

referenced terms and conditions and procedure and no changes shall be made
of the said terms, conditions and procedure set forth herein during the
transaction.

The Buyer will make all sort of proper arrangements as per the standard human
and environment safety norms for handling, procuring, shielding this type of
source-material prescribed by the territorial regulatory authorities. The buyer
will provide the best standard of practice as per the credentials, information,
specifications provided / obtained in early reports.

Product Descriptions and Specifications :

Item or Object

Physical Properties

Activity

Energy Level

Physical Half-Life Period

RWL

Price to the said taker

NOW IN CONSIDERATION OF THE REPRESENTATIONS, UNDERTAKINGS AND PREMISES MADE BY

EACH PARTY TO THE OTHER, THE SAID CARE TAKER, AGREES TO TRANSFER AND DELIVER TO
THE BUYER, AND THE BUYER AGREES TO BUY AND ACCEPT THE DELIVERY FROM THE SAID
CARE TAKER OF THE ISOLATED AND RADIATED INSTRUMENT [COPPER BASED RICE PULLER], IN
ACCORDANCE WITH THE FOLLOWING TERMS, CONDITIONS AND PROCEDURE:

Article - 1

General The said Care taker(s) and the Buyer shall agree and approve in writing to the
Procedure deal transaction terms, conditions, procedure, price and the schedule of
payment.

On completion and execution of this DEAL contract, the SAID CARE TAKER(s)
shall make all required arrangements and will bring the contracted item /
instrument for the Buyer’s inspection, detection and conducting the leakage
testing detecting, analysing the sealed source material’s physical and current
 intrinsic properties, and physical testing of the source in suitable condition within
the scheduled date and time at the specified place or subject to atmosphere or
weather conditions of execution of this Contract. On day -1 , the Buyer will
make an immediate advance payment of Rs……….. as a trade guarantee
against the contract for transferring the certified and registered said instrument
as it is basis in SAFE MODE only. The Buyer will also intimate and inform the
competent body , regulatory authorities as of the obtained instrument’s all
details for clarity and which is vey much before the technical analysis, testing
and finally shielding on the next due day. On day-2 , for defining its specific
activity level, identifying its current intrinsic properties and recommending
working life keeping note the temperature and pressure inside the packing
system ,the Buyer will bring all sort of adequate accessories, equipments and
arrange precautions to handle any undue emergency situation appears. For the
purpose of personal monitoring and proper shielding of the workers and the
experts, protection of the environment and human health , procuring the source
material safely and securely the Buyer will follow the standard practice rules
and directives of the regulatory authorities. After getting successful all
properties, measurements the source will be shielded properly as per the
standards norms of shielding and labelling , placarding , packaging will be
conducted with all detail informations. The shielded , packed ,properly stored
material will be sent for the certification and legal compliances to the regulatory
bodies for sharing informations and avoiding any litigation. As decided under
common understanding, after getting successful testing and procurement of the
article in safe packing mode, certifications, issuing licence from the competent
agencies ,an amount of Rs…………………… ( Rupees only ) will be paid
as an additional trade guarantee against the contract to the first part and the
instrument will be kept under joint custody and lifting , further movement ,
transporting keeping in further storage facility in any five star categorical
premises is subject to the necessary authorisation received from the competent
authorities.As per mutual understanding the compensation against the source
material will be equated first and kept into a secure place as per the norms of
storage this type of instrument. Once the lawful joint custody being created
between the buyer, buyer’s part and seller, seller’s part the entire safety ,
security, accountability of all the parts of the Final Agreement is the
responsibility of the buying part. In parallel with the Final Agreement, the
NCNDA will be made and signed with all sort of proper ,necessary permits .

The Buyer will make and complete the entire balance payment to the said Care
taker(s) and all the intermediaries ,beneficiaries ,mediators as per the payment
schedule provided ,instructed ,directed by the seller’s mandate which is before
the expiry of minimum 45 working days after taking the instrument in joint
custody and making the token payment referred to herein above.

Article -2

The Buyer shall be responsible for all permits and documents enabling them to

Documents
 buy and complete the purchase and then take the delivery of the instrument.
The Buyer’s authorised official shall, at the time of testing, show to the said
Care taker, his authority from their Principal, enabling them to deal with said
Care taker with respect to the contracted item and shall, after successful
inspection/test, also show all original documents, if required, allowing him to
deal with this kind of source material/ instrument and shall provide self-certified
copies of all permissions, clearances, licences, etc to the Seller and all the parts
of the final Agr eement including the seller, co- seller, seller ’ s
beneficiary ,mediators etc. as required time to time to proceed and complete the
transaction lawful.

Article - 3

I. The physical delivery of the contracted item/object being the instrument

Lifting shall be given to the Buyer after said Care taker receives full and final
payment from the Buyer with all legal title of the successful deal.

II. The physical delivery of the contracted item/object being the Isolated and
Irradiating Instrument shall be taken to an agreed premises as a Joint
custody basis. The Buyer takes full responsibility of Security and safety of
Article after lifting from the Care taker’s premises. The transportation costs
and insurance premiums, if applicable, shall be paid to the respective
agencies by the Buyer on and after taking delivery of the item from the said
Care taker.

Article - 4

The final purchase price of the Contracted object / Instrument will be decided,
Purchase as per the market value and common understanding, after getting confirmation
Price and taking all sort of readings and measurements at different parameters of the
material in testing period whereas the token amount on the 1st day , Rs…….
Crore ,will be delivered solely to the said Care taker and Beneficiaries’
paymaster as per his direction and instruction. The final total amount payable to
the said Care taker, subject to the testing of the Instrument and as such the
activity, intensity and capacity adjudicated by the Tester shall be applied to
arrive at the actual payment to said Care taker and Beneficiaries.

Article - 5

I. Each payment to be made to the said CARE TAKER under this DEAL
Payments Contract shall be made to the said CARE TAKER and/or the Beneficiaries’
paymaster nominated, in good, clean and clear Indian rupees.

II. After successful detecting the item/ instrument, On 1st Day and after 2nd
Day of Final Testing the Buyer shall in conformity with the above, release
payments as decided mutually as per the direction of the said Care taker or
as , as a token payment and the balance payment shall be paid to the
seller’s ,mediators , other beneficiaries as per the directives , instructions
 by the seller’s mandate and i.e before the expiry of minimum 45 working
days from the date of the payment of the said token money.

III. All the Beneficiaries shall be deemed as co- care takers of the Instrument /
object being the Instrument for the purpose of this Agreement and, the said
Care taker and the Beneficiaries herein shall also be deemed Beneficiaries
in respect of the proposed Agreement between the First Party and Second
Party, the coordinator of the principal buyer and all payments made by the
Buyer herein to the said Care taker and all the Beneficiaries, shall be
deemed payments effected by (Ultimate Buyer).

IV. It is hereby declared that the payments made under this Agreement and/or
the proposed Agreement between Ultimate care taker and the Principal
Buyer of the coordinator of shall be deemed to be beneficiaries / facilitators
are as consideration for the very rare instrument/item being the Instrument.

Article - 6

All taxes, duties, charges and other levies as applicable to the transaction shall
Taxes and be borne by the Buyer herein and or the principal buyer of the Second Party
Duties and the payments referred to herein this Agreement are net of all such taxes,
duties, charges and other levies.

Article - 7

Warrants and The Parties signing this Contract warrant that they have full authority vested in
Authorities them to enter into this DEAL Contract. Each signatory warrants that there is no
violation of any law by him in entering into this Contract

Article - 8

I. This Contract has been executed in one or more counterparts and each
Total
Contract executed copy shall be deemed an original and it is to take effect as
instrument. This contract sets forth the entire contract between the parties
that is binding upon and inure to the benefits of the parties hereto and their
respective heirs, devises, executors, administrators, successors and assigns
and may be modified or amended only by a written instrument executed by
the parties hereto or their legal representatives

II. There are no understandings or agreements between the parties hereto

which are not fully expressed herein. No statements or agreements oral or
writing, made prior to or at the time of signing this Contract, shall be
deemed to modify or supersede, in any way, the terms of this Contract.

III. Failure, for any reason whatsoever, to enforce any or all the terms and
conditions of this Contract shall not be deemed to operate as, or constitute
a waiver of the terms itself and such failure shall not be deemed to affect
the rights of the parties concerned for taking action, as provided under this
Contract, against any breach of the provisions of this Contract.
 Article - 9

Transfer Neither party shall sub-let, assign nor otherwise transfer its rights or obligations
of the under this Contract or any part of the same to any other party without the prior
Contract written consent of the other party to this Contract.

Article - 10

I. If either of the parties suffer delay in due execution of their contractual

obligations due to the operation of one or more of the Force Majeure events
such as acts of God, war, floods, riots, arsenal, fire, earthquakes, strikes,
lock-outs, epidemics, civil commotion, regulations or ordinance of any
Government, etc, the agreed time of completion of the respective obligations
shall be extended by a period of time equal to the period of delay
Force occasioned by such events.
Majeure
II. On the occurrence of any such events and cessation thereof, the party
affected thereby shall immediately give notice in writing to the other party,
such notice to be given within Twenty Four hours /one working day of
occurrence/cessation of the event concerned. If the Force Majeure
conditions continue beyond Twenty Four Hours, the Buyer will leave the
spot immediately.

Article - 11

Arbitration All disputes or differences whatsoever arising between the parties out of or
relating to the construction, meaning and operation or effect of this Deal
Contract or the breach thereof shall be settled by Arbitration in accordance with
the Rules of Arbitration of the Indian Council of Arbitration at Kolkata, India and
the award made in pursuance thereof shall be binding on the parties. The venue
of Arbitration proceedings shall be Kolkata in India.

Article -12

I. That both the parties started the inspection work for leakage testing,
Notices detection , testing, analysing , procuring the source on ………………………

II. The Buyer with all sort of specified chemicals , equipments anti-radiation
safety packing KIT as per the specific activity of the source provided/
obtained, will reach at the site on ……………………………………

III. That this purchase agreement will be treated as void from.........................., if

the proper specified material not produced within the due time.

IV. That this agreement is only valid and exists, if the source material is found in
irradiating state in nature during testing as per the Contract Service
Agreement.
 Article - 13

Penalty Both the parties will be attracted penalty individually subject to their failure or
breach of this contract as mentioned below :

FOR THE FIRST PARTY : If and only the said care taker doesn’t bring the
article for testing at the specified place on the schedule date and within the due
time or if the article fails to perform all the functions as declared by himself or
finally ,if any successful business transaction does not take place because of
the said care taker and his part’s any personal claims. In that case the
deposited assurance amount will be forfeited

FOR THE SECOND PARTY : If and only i) The expert and company official
does not reach on the schedule date and time ii) If the expert does not come
with all sort of testing accessories as required or specified by the other part iii) If
after getting all positive tests of the article not be able to start and complete the
transaction. The amount of penalty for the second party has been decided
mutually Rs. ................. which will be handed over immediately to the said care
taker.

Article - 14

Secrecy Non- Both the Parties warrant and guarantee that they will not contact personally, or
Circumvention otherwise, through any source without the written consent. This will apply to any
& Non- and all transactions, present and future, with which both the parties and/or their
disclosure assigns become involved. This provision shall survive and remain binding upon
the parties for a minimum period of five [5] years from the date of signing this
Contract. Should any of the party violate this Agreement, it hereby agrees to
bear any and all expenses and costs incurred by both the parties to litigate a
satisfactory settlement.

Article - 15

Solution to The Parties hereto agree to make each and every effort for resolving all
Disputes eventual disputes, claims in an amicable manner and to resort to Arbitration or
Legal course only after all such efforts have failed.

This Contract is made under the Indian Laws and will not be assignable by both
the parties and contains the entire contract in-between parties and shall not be
modified or amended except by a signed agreement. The waiver by any of a
breach of any provisions of this contract shall not be a waiver of any
subsequent breach.The endorsement, execution and return of the original of
this Contract by the Buyer and the said CARE TAKER will be sufficient
acceptance of this Contract and shall be an indication that the party executing
this Contract has the proper authority to enter into this Isolated and Radiated
Instrument or Copper Based Rice Puller DEAL Contract.
 Article - 16

This Contract shall remain in full force and effect until the obligations of each
party to exchange funds for the above said instrument have been totally fulfilled,
Terms of the
including any mutually agreed extensions and/or renewals of this Contract. This
Contract
Contract shall be binding upon the parties, their principals, successors, heirs,
assigns, attorneys, agents and any other party that delivers or claims benefit
from, or becomes involved with this Contract or its subject matter. (This clause
is valid provided the material after testing is found to be good for sale).

Article - 17

The Buyer hereby grants irrevocable and exclusive right to the said Care taker
to transfer and deliver to the Buyer, the contracted item / instrument described
Exclusively herein, for as long as this Contract shall remain in force and effect. The said
Care taker, hereby grants to the Buyer an irrevocable right, title and/or claim to
purchase from the said Care taker, the contracted item/ instrument described
herein, for as long as this Contract shall remain in force and effect.

Article -18

This Contract shall come into force when authorised signatures of both the
parties are affixed together and other pages are initialled by the same signatory.
Commence It shall remain valid irrespective of the failure/non-enforceability / invalidity of
ment, any party thereof. It shall terminate either on conclusion of the transaction or on
Validity and
Termination expiration of a proper and reasonable notice by either party, to withdraw from
the Contract or immediately upon service of a “Cease- &- Desist” order by one
party on the other. This contact also may be terminated if any kind of false
statement by any party have made in this contract.

In witness whereof these presents have been executed by the Parties hereto the day, month and year first
above written.

Signed at ………………………..…….. on……………….

SAID CARE TAKER BUYER’S MANDATE

By my signature hereto, I affirm with full legal and By my signature hereto, I affirm with full legal and
corporate responsibility the existence and deliverability of corporate responsibility the existence and deliverability of
the contracted Isolated and Radiated Instrument or Rice the contracted Isolated and Radiated Instrument or Rice
Puller, owned and held by our Organisation, and this is Puller, owned and held by our Organisation, and this is
our Contract to TRANSFER the said rare item/object our Contract to TRANSFER the said rare item/object
exclusively to the Buyer. exclusively to the Buyer.

Signature……………………………………………… Signature………………………………………………

Name ……………………………………………….. Name ………………………………………………..

Identity Proof ………………………………………… Identity Proof …………………………………………

Witness :

1…………………………………………………………………

2………………………………………………………………………….

3………………………………………………………………………….