Bismillahir Rahmanir Rahim
Agreement of partnership business
Mr. Md. Abdur Rouf, Father: Md. Abdul Karim, Address: 16
Orana Avenue, Seven Hills, NSW 2/47, Syney, Australia.
-First
Party
Mrs. Shahnewaj Begum, Husband: Md. Abdur Rouf, Address:
Same.
-Representative of First Party.
And
Mr Khandakar Shaheen Ibrahim, S/O Sahabuddin Khandakar,
5/20 Fairmount Street, Lakemba, NSW 2/95.
-Second Party
Khandakar Sirajul Islam, do, representative of second
party.
Subject: About agreement of
two lacs Australian dollars investment by second party to first party according
to business demand in wellbeing of above mentioned both parties.
Objective of investment: Second party Khandakar Shaheen Ibrahim is Australian business migration
(Sub class-188) TR Visa holder. According to the conditions of the Visa, within
next four years second party in Australia according to his fixed commitment
through investing cash money installing specific profitable business (Sub
class-888) to get PR Visa can place application. First party is a wholesale
seller of meat in Sydney and there are effort to export meat in future is
underway. Both parties in their own company name ‘Khandakar Export
International Australia Private Limited’ aiming to boost more wholesale and
exportable meat business, as first party showed interest to apply prior
experience and knowledge, second party took decision to invest two lacsTaka.
Investment System: From next 1 March 2017 AD within next
six months according to first party’s demand second party will send 2,00,000
Australian dollar at Khanadakar Export International Australia Private
Limited’s bank account No- 4573-18932, BSB-012-010, Bank ANZ (Australian). It
is mentionable that, the bank account will be operated by first party.
Responsibilities, duty and rights of parties in
agreement:
1. First party in their both name established in the name of
‘Khandakar Export International Australian Private Limited’ will operate
business which in subsequent for PR (Sub Class 888) will be demonstrated in
immigration. So, for convenience of smooth run of the business, first party at
least once in every month will send whole sale and buy, costs and bank
statement to the second party or its representative.
2. First party applying his prior experience and knowledge
determined quarterly possible sale/turnover AU$ 2,50,000 goal of ‘Khanadakar
Export International Aus Private Ltd.
3. First party being benefited by the business and
investment explicitly and implicitly will send an honorable profit in every
month to second party or his nominated representative’s bank account.
4. As the entire liability of second party’s invested money
security will be vested on first party, so first party not being instigated in
any way in his own prudence will invest the money.
5. All audit/auction of operated business in the name of ‘Khanadakar Export’ according to Australian
Government’s law/rules for operating, the first party will take necessary
steps.
Time-limit of
investment agreement:
The time-limit of
investment of second party is from 1 March 2017 to 28 February 2021 (Four
Years). But he is benefited by the investment and feels comfort to operate
business together; the time-limit can be extended through discussing.
Otherwise, first party will hand over his invested money to second party after
ending time-limit.
Expiry of
investment agreement:
If any party wants
to end the agreement, they can draw end of the agreement through written
application within six months.
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Signature:
First Party:
Representative’s Signature:
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Signature:
Second Party:
Representative’s signature:
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