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THIS MEMORANDUM OF UNDERSTANDING (MOU) IS MADE AT BANGALORE

ON THIS ……………………... DAY OF …………………………………..20___

Between:

Ekad Consultants and Health Options Pvt. Ltd., a company duly registered under The Companies Act, 1956,
which has its registered & Corporate office at No. 148,2nd Floor, 2nd Main Road, Sampige Road, Malleshwaram,
Bengaluru-560003.(hereinafter referred to as “ECHO Pvt Ltd” or “ECHO”, which expression shall unless it is
repugnant to the context or meaning thereof shall deem to mean and include its successors and assignees) as party
of the FIRST PART.

AND

……………………………………, a Hotel /Restaurant/Saloon/etc having its registered office at ………………..,


(hereinafter referred to as “Service Provider” or “SP”, which expression shall, unless repugnant to or inconsistent
with the context or meaning thereof, mean and include its successor and permitted assigns), as party of the SECOND
PART.

AND WHEREAS: Ekad Consultants and Health Options Pvt. Ltd. is INTER ALIA, In the diversified business,
reaches out to Corporates and individuals in INDIA to assist in connecting them to INDIAN Service Providers suitable
to their needs. ECHO intends to offer and / or provide various services, through certain other business associates,
including healthcare services and Health. ECHO will provide Discount Service to SAVE 365 Card holder (hereinafter
referred to as “Beneficiary”) at Service Provider.

WHEREAS: Health Service Provider represents that it owns and operates Hospital / Nursing Home / Clinic /
Diagnostic Centre and confirms that it is capable and well equipped to provide medical (Health Checkups, OPD and
IPD) services. Whereas the ECHO has offered to join in their network of service providers to provide health checkup,
OPD, medical treatment and allied services AND WHEREAS the HSP accepted the said offer and agreed to join in
the ECHO network of service providers to provide health checkup, OPD, medical treatment and allied services
subject to terms and conditions stipulated hereunder.

"Party" shall mean either the ECHO or the Service Provider and "Parties" shall mean both the ECHO and the
Service Provider.

NOW, THEREFORE, IN LIGHT OF MUTUAL PROMISES AND CONSIDERATIONS AS CONTAINED IN THIS


MOU, THE ADEQUACY WHEREOF IS HEREBY ACKNOWLEDGED BY THE PARTIES, THIS MOU COVENANTS
AND RECORDS AS UNDER:
NOW THIS MOU WITNESSESTH AS UNDER

1. Effective Date: The parties herby agree that the effective date of the agreement shall be the date on which
the agreement is signed.

2. Period of MOU: This agreement shall be valid for a period of three year from the date of this agreement and
may be renewed after three year on agreed terms and conditions in view of best prevailing practices with
mutual consultations of both parties Any specific agreement(s) in conjunction with the main agreement shall
be valid for such period as may be stated in those agreements. The expiry of this agreement shall not affect
the rights and obligations created under such specific agreements. In case the renewal process is underway
and both parties have in principle agreed to renew the agreement, all obligation under this agreement may
continue seamlessly.

3. Relationship of the Parties - Nothing contained in this Agreement is intended to create, nor shall it be
construed to create, a relationship between the parties other than that of independent parties contracting
with each other solely for the purpose of effectuating the provisions of this Agreement.

4. Identification of Beneficiary: For the purpose of identification ECHO shall provide each beneficiary an
Identity Card with or without photograph with details like Name, Period up to which card is valid, etc.

The SP shall identify the beneficiary seeking to avail offered benefit(s) through the identity card issued by
ECHO and in case of identity card without the photographs or when in doubt through other documents with
alternative ID such as Passport, Income TAX PAN Card, Driving License, Voter ID cards and any other valid
Photo Identity document that conclusively establishes the identity.

5. Modus Operandi:

A. SP is ready to extend the Discount facility to ECHO for the facility / services taken by the beneficiary
against the valid pre authorization coupon which is issued by the ECHO.

B. SP will not extend CASHLESS facility / services to any beneficiary apart from discount agreed for some
services as per attached annexure-2(Save 365)

C. There will be no financial commitment between SP and ECHO for the services utilized by any individual
or Corporates.

D. NSP shall provide the list of applicable tariffs to the ECHO and any changes shall be intimated
immediately and are subject to approval from ECHO. HSP shall charge as per intimated tariffs for all
service offered.

E. ECHO will provide the Discount Coupon to Individuals/Corporates which they produce in the time of
billing to avail mutually agreed Discount.

F. ECHO card holders want to opt the value added services against the cash payment, they can avail
facility / services as per attached DISCOUNT directly as mentioned in annexure-2(Save 365).

G. ECHO is not responsible directly or indirectly for any loss/issue from there Card holder. We are only
taking care of Marketing and promotion of the Services.

H.The prices mentioned in annexure-2 of SAVE 365 will be exclusive for ECHO Customers.
a. Once the card holder(s) reach to the SP, the billing person will crosscheck the details along with
the details i.e. ECHO card & Valid ID proof (i.e. Voter Card, PAN Card or Driving License).

b. Once the details are tally, the billing person will provide the offered discount to our card holders.

c. We have agreed mutually for______% Exclusive for ECHO Customers.

H. Promotional Activity / Offers: SP is willing to provide complimentary Coupons or any other services or
activity to our respective Corporate Groups and Card Holders, we will make the necessary arrangement to
conduct the same. We can send the bulk e-mails to our corporate group or may display the offers on our
web portal.

I. Non-solicitation: The parties to the agreement shall not solicitate each other’s clients, business partners,
business prospects during the validity period of this agreement and during the validity of any specific
agreement for the period of validity of this agreement.

J. Confidentiality: Both parties to the agreement shall not disclose the content of this agreement to any third
party. Rights to the Confidentiality is a right “in rem” against all recipients of any such Confidential
Information or other information, whether intended or not, whether received in good faith or not.

K. Indemnity: Both the Parties agrees to the indemnify and hold harmless each other from any and all actions,
claims, suits, losses, damages, costs, expenses (including reasonable legal expenses and attorney fees),
Penalties arising out of or in relation to (a) any breach of any of the terms of this MOU and (b) any failure to
comply with any and all applicable laws and statutory obligations.

L. Arbitration: Each party agrees that any dispute arising the parties relating to this agreement, including its
scope or interpretation will be settled by arbitration of a sole arbitrator appointed by Partner (S) of ECHO
who shall have a right to appoint alternate arbitrator in place of aforesaid arbitrator in case of his death or,
being incapable or refusal to act or in the event of termination of his mandate for any reason, who shall
promptly meet and confer in an effort to resolve such dispute.

All disputes or differences whatsoever arising between the parties out of or relating to the construction
meaning and operation or effect of this contract or the breach thereof shall be settled by arbitration in
accordance with the Arbitration and Conciliation Act, 1996 and the award made in pursuance thereof shall
be binding on the parties. All arbitration proceedings shall be conducted at Bengaluru in English language
and will be subject to laws of India.

M. NOTICES - Any notice or other information required or authorised by this MOU to be given shall be given in
writing, in English and sent by registered post or by courier or by facsimile transmission, e-mail or
comparable means of communication (provided that a confirmation copy of the same is sent by registered
post or by courier 24 hours of transmission. Such notices shall be sent to the following addresses of the
respective Party, unless any change therein has been communicated in writing to the other Party:

If to: ECHO, No.148, 2nd Floor, 2nd Main Road,


Sampige Road, Malleshwaram,
Bangalore-560003
info@echo-groups.com

If to: Service Provider, ………………………………………………………


………………………………………………………

Jurisdiction - The laws of the Republic of India shall govern the validity, construction, interpretation and
effect of this agreement without regard to the conflict of laws principles and any dispute in relation to this
MOU (“Dispute”) not resolved between the parties by means of arbitration shall be subject to the exclusive
jurisdiction of the courts at Bengaluru.

IN WITNESS WHEREOF the parties hereto have set their hands and affixed the seals on the date and year first
above written:

Signed and delivered by Signed and delivered by


By_________________
Title____________________
On behalf of ECHO On behalf of Network Service Provider

(Signature) (Signature)
Date: Date:
Witnesses: Witnesses:
1. 1.
2. 2.

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