Agreement

This agreement is made on 17th day of January, 2013 between:-

Mr. KHURSHID ALAM GUHAR s/o HAFIZ FAZAL ILAHI resident of House No.107 Street No.4 Green Street-Clifton Colony Lahore hereinafter referred to as the FIRST PARTY, an expression which shall include all his assigns and successors in interest;

AND
M/S Canvas world, a proprietary firm owned and represented by Ms. FAREEHA MOBIN, resident of 71/A, Balfour Road ig1 4 hr, Ilford Essex, London, United Kingdom, Hereinafter referred to as the SECOND PARTY, an Expression which shall Include all its assigns and successor in interest; to be collectively called THE PARTIES wherever the context so means or arises; Whereas, the FIRST PARTY is a professional Calligrapher of Highest standard and repute and desirous of marketing his work internationally for better recognition, circulation and for generation additional income through sale of these to interested buyers; AND whereas the SECOND PARTY is engaged in the business of marketing the works of various Calligrapher, Painters etc to individual buyers, institutional purchasers, commercial organizations, retail outlets directly or through conduct of special sale promotion events like exhibitions, displays, window displays or any other special or general course; And whereas the FIRST PARTY has agreed to allow marketing rights of his work solely the SECOND PARTY for all areas and territories except the geographical limits of Pakistan through individual or institutional sales or organization of general or special events, as the case may be;

Now, therefore, THE PARTIES have agreed as follows:a) That the FIRST PARTY has provided exclusive marketing rights of his works, more clearly detailed and described as follow, with a view to access the international market; Wonders of Calligraphy and Pearls of Calligraphy i) SOORAH FATHA---water color THULTH calligraphy size 36 by 54 (cm) on water base sheet. SOORAH FALAQ---water color THULATH calligraphy size 36 by 54 (cm) on water base sheet. Stocks of Qalam---water colour With inks size 36 by 54 (cm) on Wasli. SOORAH FATIHA--- water color THULUTH calligraphy size 36 by 54 (cm) on Wasli. AYAT-UL- KURSI--- black ink and Gold leaf Size 36 by 54 (cm). BISMILLAH--- Black ink and Gold leaf THULTH calligraphy size 36 by 54 (cm). BALAGH-UL-OLA--- B lack ink and Gold leaf Size 36 by 54 (cm).

ii)

iii)

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vi)

vii)

viii) AYAT KAREEMA (LAILAHA) --- Black ink and Gold leaf Size 36 by 54 (cm).

b) That the FIRST PARTY has agreed to leave the determination of an appropriate remuneration for each one of his works to the discretion of the SECOND PARTY in view of its vast experience in this field with an understanding that it will do that on best Effort basis;

c) That the FIRST PARTY has also agreed to allow the SECOND PARTY to deduct all reasonable charges for postage, dispatch or delivery of these works subject to the limitation that the FIRST PARTY shall not be liable for any claims arising out of such expenses by the SECOND PARTY either directly of indirectly;

d) That the FIRST PARTY has agreed to allow the SECOND PARTY to retain 75% of the sale value after deducting expenses incurred at organizing the promotional events like exhibitions, displays, postage, dispatch and delivery etc;

e) That the SECOND PARTY has agreed to market these works on the above terms and conditions on BEST EFFORT BASIS in the areas and territories more clearly detailed and listed at ANNEX-B, which shall be construed as an integral part of this agreement for all acts and purposes;

f) That the SECOND PARTY has also agreed to furnish a monthly/quarterly statement of account to the FIRST PARTY for its review and reconciliation in respect of all sales of his work made during that period with a clear undertaking that the FIRST PARTY shall not be held liable for any expense in addition to the income generated out of his work; Now, therefore both the parties have affixed their signature to this agreement on this 17th day of January, 2013 in presence of witnesses listed hereunder

Mr. KHURSHID ALAM GUHAR House No.107 Street No.4 Green Street-Clifton Colony Lahore.

FAREEHA MOBIN 71/A,Balfour road, ig1 4 hr, Ilford Essex, London, U.k.

WITNESS FAWAD HASAN FAWAD 16-club road, GOR-I, Lahore