Sample Share Purchase And Share Holder Agreement Page 71

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This Agreement may be executed by the Parties in separate counterparts each of which
when so executed and delivered shall be an original, but all such counterparts shall
together constitute one and the same instrument.
10.15
Interest
Any amount properly due and payable to a Party pursuant to this Agreement and
remaining unpaid after the date when payment was due and payable shall bear interest,
such interest to accrue from day to day at a rate equal to two percentage points above the
State Bank of India’s prevailing prime lending rate for rupee loans, from the date when
payment was due and payable until the amount due is actually received by the payee.
IN WITNESS WHEREOF, EACH OF THE PARTIES HAVE CAUSED THIS
Agreement to be duly executed by their authorised representatives on the date and year
first hereinabove written
For and on behalf of the
President of India (the Government of India)
Signed By:
Designation:
Witnessed by :
Name:
Address
For and on behalf of (Strategic Partner) having authority to sign on the
behalf of
Strategic Partner vide resolution dated [____] of the board of
directors
Signed by:
Designation Witnessed by :
Name:
Address

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