Four (04) numbers of Stamp Papers

Worth of Rs.100/- (Rs.25/- x 4)

PARTNERSHIP AGREEMENT
THIS AGREEMENT IS MADE AT RAWALPINDI on this 25 th day of January
2007 between;
MR. IMRAN AZIZ SON OF ABDUL AZIZ Resident of B-954, Satellite Town,
Rawalpindi (hereinafter called the Party No.1) which expression where the
context of permit shall include their legal heirs, successors-in-interest,
administrators, assigns) of the ONE PART.
AND
MR. ABDUL WAHAB SON OF ABDUL WAHID resident of House No. B-1099,
Satelltie Town, Rawalpindi, (hereinafter called the Party No.2) which expression
where the context of permit shall include their legal heirs, successors-in-interest,
administrators, assigns) of the OTHER PART.

WHEREAS the Party No. 1 is already running a business of wholesale of PAN,

CHALIA AND COLD DRINK ETC, in Shop No. 17, Adjacent to Police Station
City Nankari Bazar, Rawalpindi.

THAT Party No.1 hereby undertakes that he has received a sum of Rs. 400,000/-
(Rupees Four Lacs), half of which is Rs.200,000/-) through cheque No. 4188939
dated 24.01.07-562 of UBL, Satellite Town, Rawalpindi, from Party No.2 and
invested the said amount in the above said business, and Party No. 2 do hereby
becomes the partner in the above said business.

THAT Party No. 2 has already paid a sum of Rs. 100,000/- (rupees one lac only)
(half of which is 50,000/-) in the month of April 2006 to the Party No.1 for the
above said business.

THAT a total amount of Rs. 500,000/- (five lac only) (half of which is 250,000/-)
is paid by Party No. 2 to Party No.1 for the above said business.

THAT the parties hereto shall become the partners in the above said business on
the following terms and conditions:-
1- That this agreement shall be effective from 25 th day of January 2007 for
a period of three years, extendable to a further period if mutually
agreed by the parties on fresh terms and conditions.

2- That there is no other partner in the above said business except the two
parties mentioned above.

3- That the profits and losses shall belong to and be borne by the parties in
accordance with their share i.e. 70% of Party No.1 and 30% of Party
No.2, which shall be paid by Party No. 1 to Party No. 2 on or before the
10th day of every month.
 4- That the Party No.1 shall keep proper book of account which shall be
open to the inspection of the Party No. 2 or his agent at all reasonable
times with the power to take copies.

5- That in case of death or insolvency of any of the parties the legal heirs
of that party shall be bound by all the terms and conditions of this
agreement.

6- That on the expiry of the agreement if the agreement is not extended to

a further period with mutual consent of the parties the Party No. 1 shall
be liable to the total principal amount of Rs. 500,000/- (rupees five lac
only) alongwith the profit if any to Party No. 2 on his legal heirs as the
case may be within a period of 15 days of the expiry of the agreement.
In case the Party No. 1 fails to make the payment of the said amount
with profit the Party No. 2 has the right to receive the same through
court of law from moveable/immovable property of Party No.1 or his
legal heirs.

IN WITNESSES WHEREOF both the parties have signed this agreement at

Rawalpindi on this 25th day of January 2007

Party No. 1 _____________ Party No. 2 _____________

Imran Aziz s/o Abdul Aziz Abdul Wahab s/o Abdul Wahid
NIC # 37405-027114-9 NIC # 37406-5565175-9

Witness No. 1 _____________ Witness No. 2 _____________

Abdul Aziz s/o of Allah Ditta Mohsin Hassan s/o Abul Hassan
NIC # 211-44-161140 NIC # 37405-6030569-5