服务合同英文终稿.docxVIP

NO. 3FKF-A 83.11.16. SERVICE AGREEMENT ARTICLE SERVICES COMPENSATION RELATIONSHIP EXCLUSIVITY TAXES CONFIDENTIALITY REPRESENTATIONS AND WARRANTIES INDEMNIFICATION TERM TERMINATION GOVERNING LAW ENTIRE AGREEMENT AMENDMENTS ASSIGNMENT NO WAIVER NOTICES SERVICE AGREEMENT THIS AGREEMENT made and entered into this 20th day of March, 2005 by and between Pepper India Corporation, a corporation duly organized and existing under the laws of India, with its principal office at Vellapally Lane, K. K. Road, Kottayam - 686 001 Kerala State, South India, (hereinafter called Pepper), and Rose Kica International Corporation (hereinafter called ROSE), WITNESSETH: WHEREAS, PEPPER wishes to employ the services of ROSE as an advisor and consultant with respect to Accounting System; and WHEREAS, ROSE is willing to perform such services for PEPPER on the terms and conditions hereinafter set forth. NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants hereinafter set forth, the parties hereto hereby agree as follows: SERVICES PEPPER hereby requests and ROSE hereby agrees to perform the following services for PEPPER, during the term of this AGREEMENT: COMPENSATION As full compensation for the services to be rendered by ROSE to PEPPER hereunder during the term of this AGREEMENT, PEPPER shall pay ROSE the sum of United States Dollars three million (U.S 3,000,000.00) per year, payable in equal two installments of United States Dollars one million five hundred thousand (U.S 1,500,000.00) within seven (7) days after the last day of each half year by telegraphic transfer remittance to ROSEs designated bank account. The compensation shall be reviewed yearly by the parties hereto prior to each anniversary of the date hereof. (OPTION 1) All costs and expenses incurred by ROSE in connection with the performance of its obligations hereunder shall be solely borne and paid by ROSE and PEPPER shall in no event be responsible therefor. (OPTION 2) PEPPER shall, promptly upon