DEED OF PARTNERSHIP

THIS DEED OF PARTNERSHIP made this first day of April, Two Thousand & thirteen BETWEEN SRI SHAIBAL KUMAR SAMADDAR, son of Late Sri Sudhir Kumar Samaddar aged about 59 years by faith Hindu, by occupation business at present residing at 20/18, Iswar Ganguly Strret, Kolkata 700026, West Bengal, INDIA, hereinafter called the PARTY OF THE FIRST PART (which expression shall unless excluded by or repugnant to the context hereof be deemed to mean and include his heirs, executors, administrators and assigns) A N D SRI SUDIPTA BOSE, son of Sri Swapan Kumar Bose, aged about 70 years, by faith Hindu, by occupation buisness, at present residing at 106a, Raja Dinendra Street, Kolkata - 700004, West Bengal, INDIA, hereinafter called the PARTY OF THE SECOND PART (which expression shall unless excluded by or repugnant to

the context hereof be deemed to mean and include his heirs, executors, administrators and assigns)

WHEREAS the parties hereof to start a Partnership Business on and from _ of April, 2013.

AND WHERHAS in presence of the said agreement the parties hereof in order to avoid any future dispute and misunderstanding between themselves and/or among their legal heir/heirs of the other have further agreed to record the term, conditions and stipulations of the partnership business in a Deed of Partnership.

NOW THIS INDENTURE WTNESSTH that in presence of the said agreement the parties do hereby mutually covenant an agreed to become in the partnership business upon and subject to the terms, conditions and stipulations appearing here in below. 1. That the said partnership said carry on business under the name and style of M/s. SENSETIVE DZINE with its office address at 20/18, Iswar Ganguly Street, Kolkata 700026, West Bengal, INDIA, which can be shifted and extended to any other place or places mutually agreeable to the parties to this Deed.

2. That the Partnership business shall be deemed to have commenced on and from _ of April 2013 and shall be AT WILL.

3. That the partnership business shall be carried on in this line of different type of work for Office, Residence, Workshop, Hotel and Restaurant and may include such other line/lines as may be determined by the parties from time to time.

4. That the Investment towards Capital of the said Partnership firm shall be initially Rs. 10000.00 (Ten Thousand only) each to be invested in the partnership firm.

5. That the Profits and Losses of the firm shall be shared or Bourne equally (50%-50%) by the parties to this Deed.

6. That if any further capital is required for effectively carrying on the business of the partnership firm the same shall be contributed by the parties in proportion of their respective shares of profits and losses or in such proportion which may be determined mutually by the parties to this Deed or it may be obtained from outside upon such terms and conditions as may be decided by the Parties.

7. That the Books of Accounts of the firm shall be regularly maintained in the place of business which shall not be
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removed from the place of business which shall not be removed from the place of business without the consent of the Partners. Partners shall be entitled to inspect the books of accounts and to take extract out that.

8. That the accounts of partnership shall be kept in English and the accounting year shall commence from 1 st day of April and shall end on 31st day of March on which date Final Accounts and Balance Sheet shall be drawn and Profit and Loss so ascertained shall be adjusted in the Capital Account of the parties to this Deed equally.

9. That the firm shall open Bank Account/s in any schedule Bank/s which shall be operated by the parties to this Deed jointly.

10. That the parties during the continuance of the partnership shall be entitled to receive equally a sum in each and every month of the accounting year as salary and such sum may be settled mutually by the parties to this Deed from time to time but in no case the sum shall exceed the maximum as per the provision of the Income -Tax Act.

11. That the parties shall have to right to draw any amount for their personal expenses from the firm as and when require but that amount shall be debited to the Capital Account of the parties respectively.

12. That no party to this Deed shall mortgage or pledge the goodwill of the firm or borrow loan for his personal purpose or purposes in the name of the firm. In case of doing so, he will be personally liable to compensate the firm for any liability arising out of such act.

13. That any partner may retire from the partnership by giving three months notice in writing to the other indicating his intension to retire and or expiry of the said three months he shall be deemed to have retired at any amount due payable to/by him shall be paid off within six months.

14. That in the event of death, retirement or insolvency of any partner the partnership shall not be dissolved but the surviving/remaining partner may continue to carry on the business on such terms and conditions as they may be agreed upon admitting one legal heir of the deceased partner appointed by all the heirs of the deceased and other heirs of the deceased shall not have any right to interrupt in the business of the firm or admitting a new partner, as the case may be.
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15. That any partner may directly or indirectly be engaged or interested in any other trade or business individually except that of the partnership.

16. That none of the partners shall sell, transfer or assign his share of interest in the firm without consent, in writing, of the other partner. In case of any partner desire of transferring his share, remaining partner shall have preemptive right to purchase the said share.

17. That any of the partners shall be entitled to file against or institute any proceedings in the Court of Law or to defend any suit that may be instituted against the partnership and sign and verify the plaints, petitions, written statement, warrants of attorneys, affidavit and all other papers including Vakalatnamas and to confer judgment or to refer all disputes to arbitrators as may be thought fit and proper.

18. That the terms, conditions and stipulations of these presents may be varied, altered or notified by mutual consent in writing.

19. That in case of any dispute arising as to interpretation of Partnership Deed or any other matter relating to the business the same shall first be amicably settled by the parties to this Deed. In case of any dispute remaining unsettled mutually the same shall be referred to the arbitrator or arbitrators one to be appointed by each party to this deed and in case of their disagreement to an umpire appointed by the said arbitrators for which the provisions of Indian Partnership Act shall be applied. None of the parties shall opt for any legal recourse for the settlement of disputes.

20. That anything not provided in this Deed shall be governed by the provisions of Indian Partnership Act.

IN WITNESS WHEREOF THE PARTIES in this Deed have set their hands unto these presents on the day, month and year above written before the witnesses given hereunder.

SIGNED, SEALED & DELIVERED the By SRI SHAIBAL KUMAR SAMADDAR Part

Signature

of

Party of the First

1.
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_____________________ (Shaibal Samaddar) 2. Kumar

SIGNED, SEALED & DELIVERED the By SRI SUDIPTA BOSE Part

Signature

of

Party of the Second

1.

_____________________ (Sudipta Bose) 2.