SAMPLE CLAUSES

Consideration

:

Consideration

(Sample Clause 1)

Option A – Single Payment

2.1 In consideration of the [services to be performed by the Service Provider under this Agreement]/ [products agreed to be delivered under this Agreement]/ [license granted under this Agreement], the [client] agrees to pay to the [service provider/ manufacturer/ distributor/ licensor] an amount of of INR [●] (Indian Rupees [●]) (“Consideration”).

2.2 The payment of the Consideration shall be subject to the deduction of applicable withholding taxes. Any and all indirect taxes shall be charged to and borne by [●].

Consideration

(Sample Clause 2)

Option B – Periodical Payments

2.1 In consideration of the [services to be performed by the Service Provider under this Agreement]/ [products agreed to be delivered under this Agreement]/ [license granted under this Agreement], the [client] agrees to pay to the [service provider/ manufacturer/ distributor/ licensor] a [ (annual/ quarterly/ monthly) fees] of INR [●] (Indian Rupees [●]).

2.2 The payment of the Consideration shall be subject to the deduction of applicable withholding taxes. Any and all indirect taxes shall be charged to and borne by [●].

Consideration

(Sample Clause 3)

Consideration

(Sample Clause 4)

Consideration

(Sample Clause 5)

Consideration

(Sample Clause 6)

Consideration

(Sample Clause 7)

Consideration

(Sample Clause 8)

Consideration

(Sample Clause 9)
Return to All Sample Clauses