RETAINER
SHIP AGREEMENT

THIS
AGREEMENT is made at Bombay this __________ day of ___________________ 200
between _____________________________ Co-operative Housing Society Ltd., having
its registered office at ______________________________________ hereinafter
referred to as “the party of the first part” and ABC, a legal portal
having its registered office at______________________, hereinafter referred to
as “the party of the second part”.

WHEREAS
the party of the first part is a co-operative housing society and requires the
assistance of solicitors and legal advisors for drafting notices to be issued
to members of the society, correspondence with the Bombay Municipal
Corporation/ Registrar of Society, giving advice and solutions to internal
problems of the members of the society in accordance with the Co-operative
Societies Act, 1960 and the bye-laws of the society, etc.

AND
WHEREAS the party of the first part has offered to appoint and retain the party
of the second part to act for them as legal advisors and solicitors and the
party of the second part have agreed to the said appointment and retainer ship;

AND
WHEREAS the parties hereto have agreed to record the terms and conditions on
which the party of the first part has agreed to appoint and retain the party of
the second part to act for them as legal advisors and solicitors and the party
of the second part has agreed to accept the said appointment and retainer ship;

NOW
IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES HERETO AS FOLLOWS:

1.     The party of the
first part hereby appoints and retains the party of the second part for
drafting notices to be issued to members of the society, correspondence with
the Bombay Municipal Corporation/ Registrar of Society, giving advice and
solutions to internal problems of the members of the society in accordance with
the Co-operative Societies Act, 1960 and the bye-laws of the society and all
ancillary and incidental matters.

2.     The party of the
first part shall pay to the party of the second part fees of Rs. (Rupees ————only)
per month. The said fees will be in lieu of and in satisfaction of all
professional charges and expenses including the office expenses of the party of
the second part but excluding any out of pocket expenses and costs incurred in
relation to the assignment.

3.     The party of the
first part shall also pay to the party of the second part all out of pocket
expenses incurred by them in payment of traveling expenses, registration
charges, etc. in respect of documents in relation to each transaction etc.

4.     The above fee quote
is based on the assumption that there will be no material change in the scope.
In the event of any material deviation in the foregoing assumption the parties
hereto agree to re-assess and mutually revise the fee quote.

5.     Invoices will be
raised by the party of the second part on a monthly basis and will be payable
within 15 days. A detailed narrative stating the nature of the work done will
accompany the invoice. The invoice shall also include details of any out of
pocket expenses and costs incurred in relation to the assignment.

6.     The scope of the
above services would not include any regulatory compliance (such as filings,
etc. with statutory authorities, etc.), or providing substantive opinions or
memoranda on any specific legal issue and the same will be charged separately.

7.     This agreement will
not extend to any litigation civil or criminal or arbitration whether arising
out of any transaction entrusted to the party of the second part or otherwise.
If any such matter of litigation or any legal proceedings in a court of law or
tribunal or arbitrator is entrusted to them, the party of the second part will
be entitled to charge fees according to their usual practice.

8.     The party of the
second part shall maintain full secrecy and shall not disclose any confidential
matter or communication between the party of the first part and themselves to
anybody else.

9.     The party of the
second part shall not act in any matter entrusted to them for any other party
concerned or connected with such matter.

10.  This agreement may be
terminated by any party hereto by giving one month”s prior notice to the other
without assigning reason and on the expiry of the said period from receipt of
the notice this agreement shall stand terminated except in respect of matters which
are already entrusted to the party of the second part and are not completed.

IN
WITNESS WHEREOF the parties hereto have put their hands the day and year first
hereinabove written.

Signed
by the with in named)

______________
Co-operative)

Housing
Society by its Secretary)

Mr.
___________________________)

In
the presence of)

______________________________)

Signed
by the with in named)

_________________________
( retainers)

by
its ( concerned authority)

Ms.
___________________________)

In
the presence of)

______________________________)

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