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AMENDMENT TO MEMORANDUM OF UNDERSTANDING

This amendment to Memorandum of Understanding (“Amendment”) is made on this


_______________________ day of ____________, 2018 and is effective from ___.____.2018 (“Effective
Date”), by and between:

Times Internet Limited (for its Dineout division), a company incorporated under the Companies Act,
1956, having its registered office at BCCL Office, 9-10, Indian Express Building, Bahadurshah Zafar
Marg , ITO, New Delhi-110002. and its corporate office at Plot No. 391, Udyog Vihar, Phase III, Gurgaon,
Haryana – 122 016 (hereinafter referred to as “TIL” or “Dineout”, which expression shall, unless
repugnant to the context thereof, include its successors and permitted assigns), of the FIRST PART.

and

NEOM HOSPITALITY PVT LTD a company incorporated under the Companies Act, 1956 and
__________________________________,
K03A, LGF MALL OF INDIA, SEC-18, NOIDA
having its registered office at____________________________________________________________,
and its corporate office at ____________________________________ (hereinafter referred to as
“Restaurant”, which expression shall, unless it be repugnant to the subject or context thereof, mean and
include its successors and assigns) of the SECOND PART.

TIL and the Restaurant are hereinafter individually referred to as a “Party” and collectively referred to as
the “Parties”.

WHEREAS:

1. Dineout and Restaurant are parties to a Memorandum of Understanding dated


______________(“Agreement”);
2. Dineout and Restaurant desire to amend terms of the Agreement; and
3. Pursuant to discussions in this regard, the Parties have agreed to enter into this Amendment to
record the same.

NOW, THEREFORE, THE AMENDMENT WITNESSETH UNDER:

1. INTERPRETATION

1.1. Capitalized words used and not specifically defined herein shall have the meaning ascribed to
them under the Agreement.

1.2. Except to the extent provided for herein, this Amendment does not, and shall not be construed
to modify any other terms or conditions of the Agreement and the same shall continue to be in
full force and effect.

2. It is agreed between parties that, Transaction Charges as mentioned in the Agreement shall stand
modified to below new Rate.

Type 1. Dineout fulfilment clients ______ %+ GST

Type 2. Smartpay without bookings _____ _ % + GST

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3. This Amendment is effective from Effective Date and shall be co-terminus with the term of the
Agreement.

4. REPRESENTATIONS AND WARRANTIES

Each Party represents and warrants that: (i) this Amendment is a valid and binding agreement,
enforceable against the Parties; (ii) it has obtained all necessary consents, approvals and
authorizations required for the execution and performance of its obligations set out herein.

5. MISCELLANEOUS PROVISIONS

5.1. No Additional Rights & Obligations: The parties agree that this Amendment is not intended to
confer any additional rights or obligations on or by either party beyond those expressly set out
herein.

5.2. Complete Agreement: This Amendment, together with the Agreement, constitutes the entire
agreement between the Parties relating to the subject matter.

5.3. Execution: This Amendment is executed in 2 (two) counterparts, one to be retained by each Party,
each of which, will be treated as an original and embody one and the same agreement.

5.4. This Amendment is in addition to but not in derogation of the Agreement and all other terms and
conditions of the Agreement along with the annexure shall remain unchanged and shall apply
mutatis-mutandis.

IN WITNESS WHEREOF, the parties hereto have set and subscribed their respective hands to this
Amendment on the date, day and year first set out hereinabove.

Neom Hospitality Pvt Ltd


For ___________________________ For Times Internet Limited (for Dineout Division)

___________________________________ ___________________________________

Name: Namrata Walia Kapoor Name:


Designation: Director Designation:

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