CONTRACT

Under The contract Act 1872 & other Enabling Provision of Law in Islamic
Republic of Pakistan

This Contract agreement (the “Agreement”) is entered into and executed on day, Month,2020at
Islamabad,

By and Between

Company A:[company legal name] whose registered office [address, city and
country] and [Registration No./ NTN No.], represented by [Mr.,Designation]
(hereinafter referred to as "Company A”),

1.1. AND

Company B:[company legal name] whose registered office [address, city and
country] and [Registration No./ NTN No.], represented by
[Mr.,Designation] (hereinafter referred to as "Company B”),

Subject Matter: This very Agreement [the contract] for the development of [Project]

Both parties express a mutual recognition of their legal authority to undertake the present
contract and declare that:

I. Company A is a company based in [address, city and country], with presence in

[mention
countries] and extensive experience in the [Sector], its core activity being [System
Integrator]

II. Company B is a company based in [address, city and country], with presence in
[mention
countries] and extensive experience in the [Sector], its core activity being [System
Integrator]

III. Both parties are interested in establishing mutual cooperation and consequently agree to
collaborate for [the Project].

IV. The constitution of [Project] shall be developed according to the laws pertaining in The
Islamic Republic of Pakistan in which the project to be established, and within the
regulatory/ statutory Authorities for the Informaion Technology and Telecommunication
sectors.

V. To this end, both Parties agree to abide by the following agreements

ARTICLE 1.OBJECT OF [the Project]:

1.2.
1.3. Both Parties agree to join resources and endeavors according to the
stipulations of the present contract in order to:

Alternative A. Develop jointly [describe the activity].

Alternative B. Exploit jointly [describe the activity].

Alternative C. Research jointly [describe the activity].

Alternative D. Commercialize jointly [describe the activity].

Alternative E. Produce jointly [describe the activity].

1.4. ARTICLE 2.TERRITORY:

Alternative A. The territory in which [the Project] is concerned shall be exclusively the
whole of the Country and/or Countries.

Alternative B. The territory in which [the Project] is concerned shall be initially the
 whole of the country and/or Countries or at the largest includes [mention country or
countries].

1.5. ARTICLE 3.FEASIBILITY STUDY:

Prior to the constitution of [the Project], both parties may agree to the implementation of
a Feasibility Study including, among others, the following elements:

(a) Definition of the business model;

(b) Analysis of the regulatory environment
pertaining to the activities to be undertaken
within the territory hereunder;
(c) Evaluation of market potential;
(d) Valuing of assets contributed by the partners;
(e) Business plan; and
(f) Schedule of action.

1.6. ARTICLE 4.CONSTITUTION OF JOINT VENTURE:

Both parties undertake to establish by .................... [mention date] a [the

Project] at [town/country] to be defined legally as and doing business under the name
of [the Project]

Its Incomplete so please if you complete is kindly share at scribed