V.2.

Value Pack Subscription Service

Terms & Conditions effective from 15 Aug 17

1. The Candidate desirous of doing business of mutual fund distribution and becoming sub-distributor of

NJ India Invest Private Limited (“NJ”), presently, has to comply with the following:

(a) Certification of NISM Series V-A

(b) Agreement with NJ for Sub-distribution of financial products.

2. The Candidate hereby agrees to subscribe the Value Pack Subscription Service (“VP Service”) offered by

NJ under specified terms and conditioned as described hereinafter.

3. The Candidate agrees to pay Rs.7,000/- to avail the VP Service (“VP Service Fee”) by way of Demand
Draft or online payment mode in favor of “NJ India Invest Private Limited”.

4. The VP Service Fee includes the following:

(a) Online NISM Training by NJ,

(b) NISM Series V-A Certification Onetime Exam enrollment charge,

(c) Registration of Candidate as a Sub-Distributor / Partner of NJ.

5. The Candidate may re-appear for the NISM series V-A exam (after the first unsuccessful attempt) after

paying the applicable NISM exam fees.

6. NISM Exam shall be organized as per availability of seats and subject to criteria of minimum number of

Candidates.

7. The date of receipt of the payment of VP Service Fee shall be considered as date of registration
hereunder. The Candidate agrees to pass the NISM series V-A Certification Exam within six months

from the date of registration, failing which NJ reserves the right to refund Rs.2000/- to the Candidate

and terminate his/her VP Subscription Service.

8. The validity of VP Subscription Service is for one year from the date of registration. The Candidate

agrees to complete his/her partner enrollment process within the said period, otherwise NJ may

terminate the VP Subscription Service.

9. VP Service Fee is not transferable and refundable except under the circumstances described herein.

10. The Candidate agrees to abide by the guidelines laid by NJ from time to time with regard to enrollment

process.

11. In case of any changes in any charges and/or fees during the process of enrollment as a partner, the

Candidate agrees to pay the difference thereof as and when demanded by NJ.

12. The Candidate agrees to comply with the process of registration as an NJ Partner. NJ reserves the right

to cease or reject registration of Candidate as a Partner at any stage it deems fit, without assigning any
 V.2.0

reason.

13. The Candidate agrees to submit required papers and execute the specified agreements with NJ as per

the draft provided by NJ for distribution of financial products as per the draft provided by NJ.

14. This T&C is Subject to exclusive jurisdiction of Surat Courts.