TexManage

ERP Solutions for

Spinning
Commercial Proposal V1.0

United
Group,
Bangladesh

09/11/2008

Dhaka,

TexManage
Table of Contents
Page
1. Scope of Supply

2. Implementation

18

3. Price Details

19

4. Standard Terms

20

5. Contact Us

22

6. Contract Sign Off

23

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TexManage
1.

Scope of Supply
1.1 Product
TexManage- An ERP (Enterprise Resource Planning) solution consisting of both
commercial and technical requirements of a textile spinning mill.

1.2 Technology
The product is built on latest technologies and the details of Operating System,
Database and Application Development is given below:
Application Development
Operating System
Data Base

Commercial Functions- Java

Technical Functions- VB.Net
Reports Tool: Crystal & Jasper Reports
Server: Microsoft/ Linux
Client: Windows XP & above
Oracle (recommended) and customer
has to buy the DB with necessary user
license

The scope does not include any hardware and networking elements. The user has to
provide in place the necessary hardware and networking scope.
The Hardware recommendations are given below:
Application Server
Intel Xeon Dual core
Processor 1.8Ghz or
higher 4GB ECC RAM,
200+ GB SATA HDD, 17
Colour Monitor, KBD,
Mouse,
DVD
Writer , 100Mbps LAN
Card

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Data Base Server

Intel Xeon Dual core
Processor 1.8Ghz or
higher 4GB ECC RAM,
200+ GB SATA HDD, 17
Colour Monitor, KBD,
Mouse,
DVD
Writer , 100Mbps LAN
Card

Client
Intel Pentium Dual Core
Processor min.512MB
RAM, 17 Colour Monitor,
HDD, KBD, Mouse

TexManage

1.3 Modules
The various modules covered under the scope of supply include the following and the
detailed description of each of these modules is listed below:
1. Accounting & Budgeting
2. Taxation
3. Purchase & Inventory
4. Sales & Dispatch
5. Pay Roll
6. Production Planning
7. Production Management
8. Product Costing
9. Raw Material Management
10. Quality Management
11. Maintenance & Utilities

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TexManage

1.4

Production Planning

Plan your regular projections of counts, the way you prefer: Capture Sales Orders and
Enquiries. Do a pre-plan projection for a select period. Work out a Manufacturing plan to
find out the bottlenecks of your machinery. Know your Man power requirements, raw
material, and costing of product before you produce. Break an order into many production
lots for convenient tracking. Monitor Product status.

Sales Orders and Enquiry: Maintain technical details of a sales order or enquiry in planning
module

Sales Plan: View Sales Plan created in Sales module and modify the content to suit
manufacturing understanding. Plan either by Quantity or Machines for any period

Data sheet for pre-planning: Each count is maintained with a Data sheet which contains
standard for Process, Process Route, Packing, Quality, Expected Customer Quality

Manufacturing Plan based on

Product Characteristics
Process Route
Raw material

Interactive Spin Plan: After finalizing a manufacturing plan, spin plan engine runs using set
process standards. Each and every parameter can be changed to see the effect on men,
machinery and material. All Spin Plan calculation are in- built

Rules based allocation for each product: Specific set of machinery group or machine can be
reserved to run on a particular count code.

Forward and Backward Planning; Planning adjusted to maintenance calendar. Inputs of the
output or input process can be changed and also Start Date and End Date can be changed to
see the effect

Output: For every Spin Plan calculation, output like man power required, machinery required
and raw material required can be obtained based on standard work assignments, process
standards.

Process Route: The sequence of process and their inter- dependency can be created which
guides material from first stage to last stage

Product Data Base: Product wise, machine wise process details like speed, settings, etc.

Vendor Planning: Plan to produce certain/ full of the product with a vendor

Plan Status: View Plan Status with respect to an order like how much has been produced
stage wise and view projected completion based on standard/ actual efficiency

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1.5

Production Management

Execute the plan into production: From the finalised production plan, products are taken
up for manufacturing in convenient lots. Mix Issue is raised; production is guided from first
stage to last stage. Critical details like production (in any units), stoppages, and waste are
collected. The produced material is packed and despatched. Know the status of your
product any time. Analyse employee performance. Know your KPAs like Productivity,
Realisation immediately.
Production Program: From a Manufacturing Plan, counts that need to be run for a period is
sent. Each count can be broken into multiple lots as the need may be. A lot control program
allows a running a lot to be completed, pre-closed, modified for the details, and suspended.
Also, a new count/ lot can be produced from the existing lot. The lot status with respect to
production and delivery can be continually monitored. A count can be taken up for production
without a need for Manufacturing Plan.

Production Capturing: A detailed designed production capturing function allows production

data capturing from such varied input mechanisms like full laps, quantity, opening/ closing,
batch production, etc. Automatic downloading of data from machinery is possible provided the
data is made available in required formats

Production Details: The details of production information include machine, side/ group,
employee, count, run time, quantity. Indirect employees details are also captured

Production Calculation: All production calculations are in built including count unit
conversions

Mix Request and Issues: Requests from mixing departments are received. Issues can be
done at single/multiple levels. Individual bales issued are recorded. Also, issue of soft waste
is recorded.

Stop Analysis: All stops are recorded reason wise and time wise. Group stop is done for
common stops like power cut. A detailed analysis of Utilisation allows to know reasons for
deviations

Waste Analysis: Process wastes are generated as Salable and Usable. All wastes are
recorded mix wise, count wise, machine wise or on an overall basis.

Employee Performance: Employee performance is done for an Individual and for an work
group (production/ maintenance)

Productivity Analysis: Based on Productivity Standards, a mill would like to judge its
Machine and Operator Productivity, like HOK and OHS, actual productivity measures are
automatically calculated

Yarn Realisation: Mix wise yarn realisation statements based on In-process stock, waste and
actual production and mix issues.

Ware House Management: Stocks and Despatches. Stock can be depot transferred,
despatched, reissued for packing, re-processing and as input to new count

Non Conformance: All non conformances are captured w.r.t source, quantity. The corrective
and preventive actions are recorded too.

Relative Humidity: Department wise atmospheric conditions are recorded and compared
against standards.

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1.6

Special Activities: Contamination details, Visual Defects and Idle Spindles Analysis

Product Costing
Estimation of product cost is done when an enquiry is placed with Sales. A sales forecast
is also subjected to costing estimation. More detailed estimation of product costing is
done during manufacturing plan. All these target costing exercises help optimizing
product mix and the profit margin. Actual costing on a daily basis or monthly basis can
also be arrived. The outputs in the form of cost summary, conversion costs and
comparisons can be obtained. Costing methods and rules can be set by user according
to the practice existing or can follow the recommended one.

Target Costing: Before a product(s) is taken for manufacturing, the estimation of revenue,
expenses and profit/loss can be worked out. This target costing can be stored

Enquiry: Estimation of target costing can be done for a solitary enquiry also. This is a quick cost
estimation

Sales Forecast: Estimation of target costing for sales forecasts. A sales/ costing team can work
out the cost estimates for a given Sales Plan before recommending to the manufacturing of the
need for the same

Manufacturing Plan: Estimation of target costing for manufacturing plan. Finalised manufacturing
plan can be subjected to costing estimation.

Cost Summary: Cost Sheet. This cost sheet consists of all cost elements- revenue, expenses,
gross/ net profit and profit/ kg, profit/ spindle, or profit/ frame day, etc

Conversion Cost: Estimation of conversion cost of select cost elements. A mill can declare set of
elements to be covered under conversion cost category and can monitor department wise.

Compare Targets: Compare two enquiries, forecasts, manufacturing plans for the profit and cost
details

Actual Costing: Estimation of actual costing on periodical basis. It can be for a month or for
selected period. Actual cost for various elements are captured automatically or inputted

Actual Vs Target Costing: Comparison of a cost estimate before and after manufacturing.

Costing Method: Define your own costing method. A mill can operate with any number of costing
methods. Each costing method stores the treatment each and every element will undergo in
estimating the cost.

Costing Elements: Revenue and Expenses and their basis. Flexibility built on calculating an
individual element will make the job of the mill easier. For example, power as an element can be
estimated based on UKG, actual power distribution, last month power cost or last 6 months
average, etc.

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1.7

Raw Material Management

Sample, Receive Bulk, Inspect, Pass, Stock, Maintain, Issue. In a nutshell the functions
covered in Raw Material Management (sans commercial functions).Receive Samples and
place bulk orders. Receive bulk, sample and test it. Approve/ Reject/Re-grade. Assign to
a Mix. Move to stock. Issues against Request. Allow mix transfers. Handle both Synthetic
and Natural fibres.

Raw Material Parameters: Physical and subjective properties. Raw material is normally defined
by various fibre characteristics. The standards with respect to each of the properties for various
fibres can be maintained both natural and synthetic

Samples: Each sample can be assigned with a unique number along with its original sample ID.
Samples are received and entered in a register. Samples are tested as test plan.

Bulk Lot Receipt: Receipt of bulk lot; weighment of lots

Bulk Lot testing: Receipt of bulk lot has to be tested for their conformance to sample or standard
value. Either 100% or statistical sampling can be done and the samples can be tested.

Passing: Approve, Reject, Re grade the lot. On comparison with samples/ standard, bulk lot can
be approved, or rejected or can be reallocated to another grade

Stock: Move stock to a warehouse and warehouse locator. Stock status at any given day can be
viewed for any variety, supplier, crop year, station, and fibre property value wise.

Stock Issue: Issue mix against request. Issue of mixes is always against issue requests from
manufacturing. A request can be handled on a single issue or scheduled multiple issues.

Mix Transfer within stock: Transfer a lot from one mix to another.

Issue Analysis: Analysis of individual or consolidated issue details for quantity and quality

Integration to Purchase: Integration to purchase function. A method of offering additional bonus,

if quality is good and deduct discount, if quality is off- standard can be followed. All such
information will be intimated to purchase and finance as part of payment advice

Automatic Bale Weighing: Transfer data from weighing balance of the bale weights upon
possibility of a data output in required form from an electronic weighing balance

Waste Stock: Waste collected can be transferred to as Raw Material. Such transferred waste
becomes a raw material fibre and can be issued like any other RM fibre.

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TexManage
1.8

Quality Management
Schedule a Quality Program. Approve and Execute. Do a laboratory testing of activities.
Download information automatically where possible. Do process studies and record
results. Control count and its variation. Run trials for samples and bulk lots. Monitor
Count Changes. Record the process deviation. Do final inspection of products as product
assurance. Track the lot for quality and process deviations. Analyse customer complaints.
Record all samples. Use Statistical analysis to judge process and quality deviations.

Quality Program: Quality program scheduling can be done for all activities including lab testing,
process studies, process control (wrapping) and other activities. The base of quality program is
defining an activity to its fullest details like frequency, work instruction, etc.

Laboratory Testing: Entry and Analysis of lab studies. Any number of lab study formats can be
created and stored. Each result entry is also supported with a statistical block. Detailed analysis
of test results on numerical, graphical and matrix form allow controlling process effectively.

Process Studies: Entry and Analysis of process studies. Any number of process study formats
can be created and stored. Each result entry is also supported with a statistical block. Detailed
analysis of test results on numerical, graphical and matrix form allow controlling process
effectively.

Wrapping: Control of count and it variation.

Final Inspection: Despatch certification of product assurance. Final Inspection based clearance
of count/ lot for dispatch

Customer Complaints: Record, Analyse, Close and Record. All customer complaints are
recorded. People in the system are alerted. The results of any test run, analysis of results are
entered. Customer communication is also recorded. Use it as a knowledge base.

Process Validation: Various trials run in a mill to validate whether a change in raw material,
process parameter, or machinery is beneficial. A trial can be set in the system and can be
monitored for its progress

Count Change: Controls during count change. Whenever count changes occur, all information
necessary to count change including machines on which change is effected, parameter and wheel
information are recorded.

Lot Tracking: Track quality and process deviations. Use Lot tracking features to trace where the
deviation has occurred, which department, day & machine. View the results in control chart format
to see a trend. Get into individual results to see more possibilities.

Statistical Analysis: Analyse the reasons for deviations. Use F- test, t- test, Critical Difference,
Histogram etc., to find out statistical significance of deviations. Use Control charts to create,
monitor various parameters such as Draw Frame Hank.

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TexManage
1.9

Maintenance & Utilities

Schedule Maintenance activities for preventive, routine, reactive, AMC and Calibration.
Do budget estimation for the schedules. Release Work orders for Activities. Record
activity completion. Report and Close Breakdown activities. Plan Production, quality,
running hours based replacement of components Log important activities in Log sheet.
Monitor spinning components for their running and replacements. Analyse consumption
of items for various scenario. Manage utility functions and equipment.

Maintenance Schedule: Preventive, Routine, Reactive, AMC and Calibration type Maintenance
Schedules. Schedules can be drawn separately for each department or together in a single
schedule. Scheduled Activities are released as Work Orders. Work flow is used for the approval of
schedules.

Breakdown: Report and analysis. All breakdowns are recorded with respect to downtime, items
replaced, man hours spent. Analysis of breakdowns leads to identifying frequently breaking
points. MTTF and MTBR are also calculated

Condition based Maintenance: Based on production, quality and run hours. A component can
be critical to its life depending on the quality, production or running time. System generates an
automatic warning when these parameters cross the limit

Maintenance Budget: Budgeting for men, machine, material and money, Budget Vs Actual
analysis and Maintenance Cost per Kg. An advanced budgeting exercise allows mill to determine
the amount that is expected to be spent on machinery maintenance

Schedule for any period: (Between days; Monthly; Quarterly and Yearly).

Machine and Instrument History: Automatic and Manual updation. Complete information of
machinery is stored including machinery parameters and their pictures.

Log Sheet: Record critical information. All important daily/ shift happenings can be recorded. A
voice recording facility is also available.

Spinning Components: Critical components running detail on each machine is captured; this is
tracked for life. All failures of these on running machine are captured and the failure rate is
determined to compare performance.

Consumption Analysis: Analyse consumption patterns. Performance of an item or an item group

can be analysed over period, supplier, machine group, machine, department, etc.

Power and Utility consumption: All power and utility machines related consumption. A detailed
power distribution and power capturing is done from source to final usable point (Transformer to
Machine)

Utilities: maintain log, measure performance and maintain equipment. Various functions that are
covered are power, humidification, compressor, mechanical, electrical, electronics, generator, etc.

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1.10 Accounting & Budgeting

Support for multiple accounting dimensions with any number & levels of sub dimensions viz.,: i.
Division

ii.

Sales

Region

iii.

Business

Partner

iv.

Product

The user can select one or more of the above dimensions while making any transaction
(Purchase, Sale, Receipts, and Expenses etc.) This enables the user to take all financial and
other MIS reports consolidated or for any single Division or Sales Region or Customer or Product.

Auto generation of accounting entries based on operational transactions like Purchase, Material
Issues, Packing, Sales etc.

Journal entries for non transactional data like adjustment entries etc.

Multiple cash books supported, including Foreign Currency cash books

Multiple currencies and multiple exchange rates supported (eg. Can have monthly exchange rate
for spares imports and weekly exchange rates for yarn exports). Currency Gain-Loss calculated
automatically

Provision to enter monthly budgets for individual income and expense heads and monitor the
actual compared with the budget

Provision for bank reconciliation including import of bank statements.

Fixed assets can be grouped into different categories and the depreciation rule (rate and method)
for each category can be specified differently. Provision to define multiple depreciation rules for
different authorities (e.g. Income Tax, Company Act, etc)

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TexManage
1.11 Taxation
Service Tax / Vat / Excise etc (with suitable modification to Bangladesh statutory requirements)

Provision to define any number of Tax categories. A tax category can contain any number of
taxes. For each tax, user can define the percentages; under what GL codes it should be
accounted etc.

Provision to classify the tax amount paid against a vendor invoice as a Tax Expense (eg. Service
tax) or as Tax Receivable (e.g. VAT). All tax received against a customer invoice is treated as Tax
Due to govt.

Statutory Vat and Excise reports can be printed out

TDS

TDS master to specify the expenses on which TDS will be deducted automatically when making
payments. Optionally, individual business partners can be exempted from TDS.

Automatic crediting of the TDS recovered to a TDS Remittance a/c, the balance invoice or
advance credited to AP and the TDS + AP amount is debited to the particular expense a/c.

Month end TDS process to aggregate (TDS Act Section wise) all the TDS recovered from vendors
during the month for creating the bank challan and create the necessary accounting entries.

FBT

FBT master to specify FBT % (including the breakup) for the different GL Codes. The system
automatically calculates the FBT when ever the corresponding expense entry is made. Multi level
taxes are possible (e.g. Tax + Surcharge + CESS)

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1.12 Purchase

Provision to automatically send out Request for Quotation (RFQ) by email to approved vendors

Tabulation of responses received against RFQ and automatic selection of winner based on price
with provision to manually override the selection

Ability to generate Purchase Orders based on stores requisition, material receipt (GRN) from
Purchase Orders / Vendor Invoice and Vendor Invoice from Material receipt, all without the need
to re-enter details at each stage

Option to specify quality / quantity check before including in inventory

Provision for vendor returns / credit memo

Flexible payment options including advance payment, single payment against multiple invoices
and multiple payment against single invoice

Can set up approval rules (workflow) for purchase orders or vendor payment

Variety of MIS and operational reports like

a. indent list department wise,
b. pending purchase orders,
c. Material Receipt details
d. list of C-Forms pending (to be submitted / received),
e. vendor invoice listing,
f. party ledger (vendors)
g. Invoices due for payment over a period (cash flow)

Customised print formats for Purchase Orders (import and Local),

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Material Management

Stock availability check for Stores Issues to department

and provision for issue returns

Can do periodic physical stock taking (The difference between book stock and physical stock
automatically accounted)

Provision to track items sent for repair / Job work

Re-Order level can be specified for each product and alerts generated when stock falls below
ROL

Can get stock as on any past date warehouse wise / location wise. Location can be as detailed as
Bin / Aisle / Level within a warehouse.

Can track non-moving items over a period, do an ABC analysis of the stock, movement analysis
of items, stores ledger etc.

Stores costing can be based on Standard Costing or Avg.PO / Avg.Invoice basis or Last PO/Last
Invoice basis

Provision to tag the stores items with Lot No. or any other user defined parameter

Items can be grouped and separate accounting treatment (ie. GL Codes) given to different groups

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1.13 Sales & Dispatch

Provision for Sales Offer and converting sales offer to firm Sales order

Sales Order amendment and pre-closure of orders possible

Auto generate Dispatch from Sales Orders and Invoice from Dispatches without re-entering the
details

Single payment receipt can cover multiple sales invoices and vice versa with provision to write off
amounts

Credit memo can be with or without material return

Provision to capture LC details, container details, shipper details, packing credit, bill of exchange
etc for export sales

Provision for consignment sales and inter warehouse transfers

Flexible payment terms / payment schedule (eg. 50% on delivery + 50 within 30 days + 2%
discount if paid within 10days)

Discount can be a flat % or can be specified slab wise (ie discount % can be different for different
order value)

Ageing analysis of outstanding (cash flow)

Credit limit can be set for each customer and shipment blocked if credit limit exceeded with
provision to over ride manually

Can have multiple price lists to cater to different customer segments.

Customer wise discounts can be pre-set at master level

Sales Commission can be specified with conditions like min. order value or can be restricted to
specific customers.

Customised print formats for Sales Offers, Customer Invoice, Packing List, Shipment advice etc

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1.14 Pay Roll

Interface to Mills attendance card swiping system and Muster Roll printing

Leave management system including leave approval.

User defined Statutory rules category wise and statutory reports

Loan management system (both long term and one time advances)

Any number of Miscellaneous Earnings and Deductions allowed

Deductions based on user defined priority of deductions subject to minimum take home criteria

Income tax computation based on past + projected earnings and on investment details of the
employee and provision for printing tax calculations

Other statutory tax computation and statutory report printing

Monthly salary processing and payslip printing

Bank payment data can be transferred in ASCII format if the mills bank accept payment advice
in this form

Variety of MIS reports based on attendance and payroll data

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1.15 Special Features

Work Flow: Critical transactions are routed through Work Flow functions for approvals.

Report Scheduler: Technical Reports which need to be periodically printed out can be
automated.

Notification & Alert: Deviation in processes and values of technical functions are sent as
alert messages.

Desktop Ticker: A news roll information of critical technical parameters are presented
automatically in a news box

Export of reports in forms like .pdf, excel formats

.

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TexManage
2.

Implementation Methodology
Indo Texnology will use a unique and faster implementation methodology called ad
finem. This consists of 3 phases: Pre-implementation; Implementation and Post
Implementation. Implementation will be headed by Senior Textile Technologists.
Pre-Implementation:
In this process, activities required to start implementation of various modules will be
carried out by Indo Texnology as well as Customer. Activities include formation of
team and defining
responsibilities of each team member from either side;
demonstrating the existing processes; process control mapping (Gap Analysis);
preparation of master data (Data collection and verification); auditing of IT system
requirements and plan of implementation.
Implementation:
Implementation of various modules based on scope of supply (as mentioned in
Section 3) will be carried out in this stage. Various activities include Product
installation; uploading of data from Excel or Legacy system; Signing off of master
data; training to system administrator; module champions, key users and end users;
verification of transactions and reports; Go Live; Module sign off; Project sign off and
handing over product.
Post Implementation:
After successful implementation, Indo Texnology is committed to provide Post
Implementation Support for 6 months. This includes 3 consultancy visits by Indo
Texnology on need basis, Online support, closing bugs and periodic updation of the
product.

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TexManage
3.

Price Details
3.1 Product Pricing
S. No
1

Description
TexManage- Spinning ERP Solutions:
Supply of software consisting of the
scope mentioned in the Section 1 for
the unit under scope
Implementation:
Pre Implementation
Implementation

Price

Consultants will be provided by Indo

Tex-nology for implementation

180 man days included (2-3

consultants)

US $ 50,000 (US Dollar Fifty

thousand only)
10 man days included (2
consultants)

Beyond these man days, US

$50 per day

Travelling & Boarding Expenses of

Indo Tex-nology Consultants

Out of pocket expenses US

$25 per day per consultant on
all above days
At Actual (Travel by Air)
Or to Customer to arrange for
the same from Coimbatore,
India to Mill Location

Custom Development
Indo Tex-nology is committed to fulfil
requirements as mentioned in the
scope. Additional customer
requirements will be met at a cost
mentioned in the adjacent column
Warranty
1year from date of installation

US $50 per man day

AMC

15 % of Product Cost

One Year from date of

installation or 6 months from
date of system sign off,
whichever is earlier.

3.2 Payment Terms

S. No

Particulars

%Value

Advance

25%

Delivery and Installation of Product

40%

Pilot Running

25%

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4

After System Sign Off and Go- live

10%

Payment through Bank Transfer

4.

Standard Terms
4.1

Validity
We are happy to make this offer to United Group, and the validity of the same is
45 days.
United Group
United House
10, Gulshan Avenue
Gulshan-1
Dhaka-1212, Bangladesh
This offer is made on a single unit basis.

4.2

Delivery
Indo Tex-nology would require a maximum of 6 weeks to put a team together and
arrange for implementation of the product.

4.3

Payment Advice
All invoices raised shall be payable within 15 days from the date of invoice. All invoices
shall be deemed to be accepted unless disputed within 7 days from the date of receipt of
invoice.
All payments required to be made by the Customer shall be in the currency stated in the
invoice and shall be paid by wire transferred to a designated bank account in India.

4.4

Terms of Termination
Either party may, without cause, terminate the entire Agreement upon written notice of one
month to the other.
In the event of termination of a Statement of Work hereunder, Company shall pay Indo texnology all fees as specified in the Statement of Work and expenses up to the effective date
of the termination, including work in progress, and including the applicable notice period
irrespective of whether Company requires Indo Tex-nology s services during same;

4.5

Information Access

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Customer will supply Indo Tex-nology with the following: documentation and data, in a
timely manner, required by Indo Tex-nology to complete its obligations under the
Agreement
Suitable work place, IT resources & communication resources, suitable qualified personnel
to attend review meetings and carry out the implementation.

4.6

Problem Escalation
Any dispute which has not been settled between Project Co-ordinators from both the end
within 15 days of the matter being raised by one to the attention of the other, may be
escalated by either party to the next level by notice in writing. If the dispute has not been
resolved within 15 days of such notice, either party may refer it be notice in writing to the
second level of escalation. The customer shall prepare the escalation chart along with Indo
Tex-nology at the time of beginning of implementation.

4.7

Non- Disclosure
Indo Tex-nology shall keep all information or data received by it during the performance of
its duties under this agreement confidential and shall not use trade or pass this information
to any third party. Prior information will be sought from customer to use any information for
general trade purpose.

4.8

IPR Protection
Intellectual property rights of any work done by Indo Tex-nology under this Agreement,
including but not limited to Deliverables and associated Documentation, shall be vested in
and be the exclusive property of Indo Tex-nology. Indo Tex-nology grants to the customer
an irrevocable, non-exclusive, worldwide, royalty free, transferable license to use, copy,
modify and develop the same for internal purposes.

4.9

Hiring
Indo Tex-nology and customer agree that for the term of this Agreement and for a period of
one year thereafter, no party will not directly or indirectly, recruit, hire, employ, engage, or
discuss employment with any employee, or induce any such individual to leave the
employment.

4.10 Arbitration
All disputes arising out of or in connection with the Agreement shall be settled by
arbitration in Coimbatore, India in accordance with the Arbitration & Conciliation Act,
1996.

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5.

Contact Us

Please contact us for any clarification on the offer:

S. Thirupathi

40-Thasami Park, Singanallur,

Coimbatore-641005
Ph: + 91-422-3233345; +919843022118
Email: info@indotexnology.com; Thirupathi@indotexnology.com

Also: texmanage@indotexnology.com

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6.

Contract Sign Off

United Group and Indo Tex-nology hereby agree to the terms and conditions of this
offer. We are committed to the success of this project.

Authorised Signatory

Authorised Signatory

Indo Tex-nology

United Group

Name:

Name:

Designation:

Designation:

Date:

Date:

Place:

Place:

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