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MEMORANDUM OF UNDERSTANDING THE AGREEMENT /.1.

MEMORANDUM OF UNDERSTANDING THE AGREEMENT This AGREEMENT made and entered into on /.1.. ay of .. Al:tf. 2015 between The Institution of Electronics and Telecommunication Engineers (IETE), a society registered under the Societies Act of India with Registration No. S-687 located at 2, Institutional Area, Lodhi Road, New Delhi-110003 (hereinafter referred to as the "INSTITUTION" which expression shall where the contest so admits include its successors and permitted assigns) of one part and Redefine Dimensions Convergence Pvt. Ltd. (RDCPL)- a company registered in India under the Indian Companies Act 1956 in year 2012 and having its registered office at 112, Rishabh Mall, IP Extension, New Delhi-110092 (hereinafter referred to as "ASSOCIATE" which expression shall where the contest so admits include its successors and permitted assigns) of the other part. The AGREEMENT is operated through The Secretary General of The INSTITUTION and Director & CEO of The ASSOCIATE.

MEMORANDUM OF UNDERSTANDING ... also with academia in order to enhance the quality of Technical and Engineering education in the country. ... Revenue sharing mechanism: a. The ASSOCIATE (Redefine Dimensions Convergence Private Ltd): 60% b. The INSTITUTION, IETE: 40% 7. The revenue sharing shall be done within 15 days once the payment is realized.

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