CANCELLATION OF AGREEMENT TO SELL This Cancellation of Agreement to Sell is made and executed at Jhajjar on this _______ day of _________,

2007; BETWEEN SHRI ________________, S/o Shri ________________, S/o Shri ________________, R/o _______________________________, hereinafter referred to as the 'FIRST PARTY', (which expression shall wherever the context so admit, mean and include his, his legal heirs, legal representatives, administrators, executors, nominees, successors, assignees, etc.) of the 'FIRST PART; AND M/S. RELIANCE HARYANA SEZ LIMITED, a Company duly incorporated and registered under the provisions of the Companies Act, 1956 and having its Registered Office at 8th Floor, Udyog Minar Building, Vanijya Nikunj, Udyog Vihar, Phase - V, Gurgaon - 122001 (Haryana), acting through Mr. ______________, authorized signatory of the company, hereinafter referred to as the SECOND PARTY', (which expression shall wherever the context so admit, mean and include his, his legal heirs, legal representatives, administrators, executors, nominees, successors, assignees, etc.) of the 'SECOND PART; Contd2.. -:2:-

WHEREAS an Agreement to Sell dated ____________ was made and executed between ` First Party, who has agreed to sell his 654/1260 share which comes to 8 Kanal 2 Marla, which the seller is willing to sell entirely, situated within the revenue estate of Village Badli, Tehsil : Bahadurgarh, District : Jhajjar, as per the Jamabandi for the year 2003-2004, (hereinafter referred to as the Said Land), consisting of following details:Sr. No. 1 Khewat No. 92/84 Khatauni No. 107 Rectangle No. 303 Killa No. 9 10 TOTAL : Area Kanal-Marla. 8-0 7-12 15-12

to the Second Party for a total sale consideration of Rs._____________________/(Rupees ____________________ only), out of which a sum of Rs._____________________/- (Rupees ____________________ only) has been paid by the Second Party to the First Party as Part-Payment cum Advance. AND WHEREAS the Second Party has carried out Legal Due Diligence with regard to the Legal Title of the First Party in respect of the purchase of the Said Land and has raised a number of queries, which the First Party has not been able to clear and consequently, the First Party is unable to satisfy the Second Party with respect to the right, interest and title of the First Party in respect of the land under sale, ie, the Said Land. AND WHEREAS the parties hereto have mutually agreed to cancel the said Agreement to Sell on payment of the sum of Rs.____________/- (Rupees _________ ____________________ only) payable by the First Party to the Second Party on the following mutually agreed terms and conditions. Contd3..

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NOW, THEREFORE, THIS CANCELLATION OF AGREEMENT TO SELL WITNESSETH AND IT IS HEREBY MUTUALLY AGREED, RECORDED AND DECLARED AS UNDER:1. That pursuant to the above Agreement, the Second Party has received an amount of Rs.__________/- (Rupees ___________________ only) vide Cheques No.__________ dated ________, drawn on _____________, from the First Party, the receipt whereof is hereby admitted and acknowledged by the Second Party in full and final settlement of the total amount payable to them by the First Party and nothing is due and payable by the First Party to the Second Party as the parties hereto by mutual consent do hereby cancel the Agreement to Sell dated ___________ and confirm that henceforth the said Agreement to Sell stands cancelled and has become null and void and not to be acted upon for all intents and purposes. That the Second Party now admit that he has been left with no right, title or interest or claim of any nature whatsoever under the Agreement to Sell dated ____________, which now stands cancelled and that he has not created any third party rights or interest in the Said Share, in any manner, whatsoever.

2.

IN WITNESS WHEREOF the parties hereto have signed this Cancellation of Agreement to Sell on the day, month and year as first above written, in the presence of the following witnesses. WITNESSES: 1. (__________________) S/o Shri _________________ FIRST PARTY

2.

SECOND PARTY