GuruKrupa Placement & Education Solutions Pvt Ltd

(An International Brand for Adhayatmic, Social and Profit earning)

Registration UIN no.U72900MH2021PTC371525

Form Type – 1)Above 501 Sq feet, 2) Between 101 Sq feet to 500 Sq feet , 3)Up to 100 Sq feet:-

GuruKrupa Placement
& Education Solutions Pvt Ltd

(Service Agreement)

Shop no 21, Plot No 62, Ghrakul CHS LTD, Gorai No 1, Nr Swami Vivekananda School, Borivali West, Mumbai 92. Website- GURUKRUPAPLACEMENT.COM, Mail -
Info@gurukrupaplacement.com, Ph-9768734213,

WHEREAS:-


1. The Franchisor has been carrying on the business in the name and style of ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD”.
2. The Franchisor is the registered owner of ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD” as referred to above.
3. Pursuant to the discussion between the parties, the Franchisor wishes to appoint the Franchisee of the business under the name and style of ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD”

IT IS HEREBY AGREED AND RECORDED AS FOLLOWS:-

1. The Franchisor hereby appoints the Franchisee for the business in the name and style of ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD”


2. The initial period of the present Franchise shall be for a period of commencing from and expiry on (till GuruKrupa live).
   If not terminated after expiry of the above period, by the mutual understating both the parties this agreement may be extended for further period with the same process, with condition that, Profit sharing ratio, compensation amount can be revised as per firm policy at that time.


3. The Franchisee have paid to the Franchisor a lump sum Franchise compensation of
   Rs. Up to 100 Sq feet area for 5 years 75k 101 Sq feet to 500 Sq feet area for 5 years 1.5 lakh Above 501 Sq feet area for 5 years 2 lakh the Franchise compensation not refundable.


4. To support Franchise, Franchisor will provide 100% to you, on your provided services, till your total paid received to you + interest + foreclosure charges (If on finance). After this 90% - 10% sharing ratio will begin. On the last date of agreement period, if total received amount is less than total paid, than remaining amount will be converted to Franchisor compensation, as Franchise has used Firm machinery.


5. The Franchisee will at no time claim any right, title and interest on the name of ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD” as same is the exclusive ownership of the Franchisor.


6. It is agreed by both parties that agreement will be cancelled or terminated if the Franchisee fail to pay compensation of the Franchisor within week time or as decided in agreement. Without payment receipt (bank statement) this agreement will not be valid.


7. Franchisee shall be authorized to establish an office premises with the support from the Franchisor under the name ’‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD” and henceforth can also be called “Branch Head” of that office.


8. Franchisee shall be authorized to hire employees as per the branch office requirements and shall be authorized to issue appointment letter as well as experience, Reliving letter to the employees on behalf of ’‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD” being the “Branch Head” of the specific branch office.


9. The Franchisor has liberty to terminate this FRANCHISEE agreement immediately in event of breach of contract or illegal activities of the business. In case of termination / cancellation of Franchisee agreement compensation paid by Franchisee will not be refundable.


10. Either of the party wishing to put an end to this Franchise Agreement earlier shall have to give a notice at least Two month in advance for such termination. In case of termination / cancelation of Franchisee agreement during agreement period the compensation paid by Franchisee will not be refundable.


11. The Franchisor shall transfer % of the received amount to the Franchisee for their provided services. The Franchisor shall pay the receiving amount to the Franchisee same day or within seven days through cheque or net banking, (on payment received), on the name of ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD”.


12. Franchisee authorised and responsible to follow up with client for cheque/NEFT of their provided services with the name of GuruKrupa Placement & Education Solutions Pvt Ltd


13. The Franchisor shall not be responsible if The Client Company fails to pay, order not comes as per expectations, order in the company decreased or closed.


14. Both the parties agreed that business information should be confidential.


15. It is mutually agreed between the parties that Franchise shall not publish/print/advertisement in newspaper or online/facebook in whatsoever manner against the Franchisor.


16. The Franchisee shall not use the name ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD” for any illegal or unlawful purpose nor shall he part with the franchise / facility to any other person/s or third party in any manner whatsoever.


17. The Franchisor shall not be responsible for any omission or commission to commit by the Franchisee.


18. Franchisee shall have to follow the local laws while working under ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD”. Franchisor shall not pay any penalty for illegal / unlawful activities carried out by Franchisee.


19. Pursuant to the discussion between the parties, the Firm wishes to appoint the FRANCHISEE of the business in India under the name and style ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD” with full business setup for betterment of business with good intention. In case, if FRANCHISEE by any reason does not get result as per his/ her expectation, for that ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD” will not be made responsible.


20. Franchisee cannot join or provide direct services to the ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD” Client during the agreement period and after 12 month from contact.


21. In the event of any disputes and differences between the parties, the courts at Mumbai alone shall have jurisdiction to try and entertain the same.


22. I have read entire content of the Franchisee Agreement, and I agreed that content written in the Agreement will only be followed. There will be no dispute/Claim in future on compensations paid to ‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD” at the time of Agreement.



23	For Hr form 100%,100%,75%, and Other business anyone form
a)	Apart from Recruitment, Franchisee wants to start any other Hr services or any other business activity such as from Education, Mega mall, Banking product, Real estate etc, and where no additional cost come on Guru krupa,	NO need to pay
b)	Apart from Recruitment, Franchisee wants to provide any other Hr services or any other business activity such as Education, Mega mall, Banking product, Real estate etc, and where additional cost comes on Guru krupa. Example – Security agency, Skill India, MSCIT course, Medical licence etc, here required additional amount on every new location code.	Franchisee have to pay additional cost
24	Other business activity sharing	50%
a)	Rs 10 for 1 year	75%
b)	Rs 30k for 1 year	100%

SIGNED SEALED AND DELIVERED	Upload Your Photo:
By the within named “FRANCHISOR”
‘‘M/s. GURUKRUPA PLACEMENT & EDUCATION SOLUTIONS PVT LTD”
In the presence of FRANCHISOR
SIGNED SEALED AND DELIVERED	Upload Your Photo:
By the within named “FRANCHISEE”
Ms/Mr/Smt/Miss
In the presence of ................          FRANCHISEE
1.
2.

RECEIPT