pan ongc - iitr.ac.in agreement.pdf · between ongc (idt, dehradun), and indian institute of...

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Melnoron rdum of Colloborotion {Under PAN llT - ONGC Collaborationl f ur fo, "Develo p me nt of Polyme r/Biopolymer Viscosifier (Like Xanthum Gum) for Temperature Stability upto 2500C in Drilling Fluid" Bet'u:een lnstitute of Drilling Technology, Oil and Natural Gas Corporation Limited Dehradun, Uttarakhand, lndia lndian lnstitute mf Technology-Roorkee Roorkee, Uttarakhand, lndia

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Page 1: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

Melnoronrdum of Colloborotion{Under PAN llT - ONGC Collaborationl

f

ur

fo,

"Develo p me nt of Polyme r/Biopolymer Viscosifier(Like Xanthum Gum) for Temperature Stability

upto 2500C in Drilling Fluid"

Bet'u:een

lnstitute of Drilling Technology,Oil and Natural Gas Corporation Limited

Dehradun, Uttarakhand, lndia

lndian lnstitute mf Technology-RoorkeeRoorkee, Uttarakhand, lndia

Page 2: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

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Page 3: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

Title: Agreement for Collaborative R&D project titled "Development of polymer/biopolymerviscosifier (like Xanthan gum) for temperature stability up to 250o C for use in drilling fluid"between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee.This agreement is made and entered into on this the ( lOtl'January 2018) by and between Oil and NaturalGas Corporation Limited, a company registered under Companies Act, 1956, having its Registered

office at Pandit Deen Dayal Upadhyay, Urja Bhavan, 5-A, Nelson Mandela Marg, Vasant Kunj, NewDelhi- I 10070 and one of its office named as ONGC (lDT, Dehradun), Kaulagarh Road, Dehradun-248195, (here in after referred to as "ONCC" which expression shall unless repugnant to the contextor meaning thereof include all its successors, administrators, executors and assignees) of the FirstPart-v.

AND

Indian Institute of Technology Roorkee and having it registered office at Roorkee-247667,(hereinafterreferred to as "llT-Roorkee" which expression shall unless repugnant to the context or meaning thereofinclude all its successors, administrators, executors and assignees) of the Second Party.

The First pafty and Second Party hereafter being collectively referred to as the "Parties" and

individually as the "Party";

Whereas IlT-Roorkee has represented to ONGC (lDT, Dehradun) that it has capability in undertakingthe oDevelopment of polymer/triopolymerviscosifier (like Xanthan gum) for temperature stabilityup to 250'C for use in drilling fluid' and has submitted a Project Proposal appended to thisAGREEMENT as Annexure-l

AND

Whereas, IIT-Roorkee represents that it has the necessary experience and expertise for carrying but and

agrees to undertake R&D Project entitled "Development of polymer/biopolymer viscosifier (likeXanthan gum) for temperature stability up to 2500C for use in drilling fluid" in collaboration withONGC (lDT, Dehradun) as defined in this ACREEMENT

AND

Whereas, ONGC (lDT, Dehradun) desires that, IlT-Roorkee should undertake the assignedCollaborative R&D Project more explicitly defined in the sections below in this AGREEMENT.

AND

Whereas, IlT-Roorkee agrees to provide all the necessary facilities to the Principal Investigator (PI) ofthe project to perform the Collaborative R&D Project as defined in this AGREEMENT.

Now therefore it is agreed by and between the parties as under:

I

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Page 4: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

1.0 DEFINITIONS

Unless inconsistent with or otherwise indicated by the context, the following terms stipulatedin this AGREEMENT shall have the meaning as defined hereunder.AGREEMENT: This AGREEMENT together with the Schedules, Parts, Annexure and

Appendices attached hereto and will include any modifications, amendments or alterationsthereof as agreed between the parties fronr time to time.MEMORANDUM OF COLLABORATION (MOC):The Memorandum of Collaboration(MOC) between ONGC (lDT, Dehradun) and Indian Institutes of Technology-Roorkee signedon lOtl' January 2018THEMATIC RESEARCH AREA (TRA): The jointly identified areas of Research matchingthe ONGC needs and expertise available with IITs as defined in the MOC.PROGRAM ADVISORY COMMITTEE (PAC): Apex body having members from ONGCand IITs as defined in the MOC to review the activities of the program and recommend release

of funds. The composition and functions of PAC are described in the MOC.THEMATIC RESEARCH COMMITTEE (TRC): The nodal body for all research and

related activities in the respective Thematic Area represented by ONGC and IITs as defined in

the MOC.The composition and functions of TRC are described in the MOC.PRINCIPAL INVESTGATOR (PI): The person or persons who may be appointed /nominated by IlT-Roorkee; who shall be responsible for the overall execution of Project Workas defined in this AGREE,MENT.CO-PRINCIPAL INVESTIGATOR(S) (Co-PI): The person or persons who may be

appointed I nominated by IlT-Roorkee, if deemed necessary, to assist PI in the overall executionof Project Work, as defined in this AGREEMENT.PROJECT CO-ORDINATOR (PC): The First Person Responsible designated by Institute ofDrilling Technology to interact, monitor / review the Project Work carried out by PrincipalInvestigator and his/her Project Team.

1.9 RESEARCH FELLOW: Persons with requisite qualifications appointed by IlT-Roorkeespecifically for this project work to carry out research under 'ONGC Scholar Program' definedin the MOC. The Research Fellows will get fellowship in accordance with the remunerationmentioned in this AGREEMENT.

1.10 PROJECT PERSONNEL: Persons with requisite qualifications appointed by IlT-Roorkee,for engagement in this research project, for technical help in execution of the Project Work. TheProject Personnel will get remuneration in accordance with this AGRE,EMENT.

1.11 PROJECT WORK: Shallmean overall mutually agreed scope of work which is given in thisAGREEMENT and also defined in the Project proposal at Annexure-I relating to theCollaborative R&D work to be performed by IIT-Roorkee jointiy with ONGC (lDT, Dehradun).

l.l2 DESIGN: "Design" shall include an industrial design, drawing sand iayouts.1.13 INTELLECTUAL PROPERTY: Includes patent, copyright, design, trade secret and property

in discoveries, inventions, improvements, designs, data or information and materials created inpursuance of the research/technology development activities under the project whether or notsuch intellectual property will be capable of patent, copyright or similar infringement protection

or recognition and includes knowledge and information described as Confidential under thisAGREEMENT.

l.l4 INVENTION: "lnvention" shall bear the meaning assigned thereto in the lndian Patents Act,1970 (including any re-enactment thereof) as amended from time to time.

1"3

1"4

1.1

1.2

1.5

1.6

1.7

1.8

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Page 5: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

t.I5 ONGC GROUP OF COMPANIES: All subsidiary and joint venture companies of the oil and

Natural Gas Corporation Limited and ONCC group of companies.

1.16 PARENT ORGANIZATION: The Oil and Natural Gas Corporation Limited, ("ONGC')'a company incorporated and registered under "Companies Act - 1956" and having its Registered

office at pandit Deen Dayal Upadhyay, Urja Bhawan, 5-A, Nelson Mandela Marg, Vasant

Kunj, New Delhi- 110070

l.l7 pATENT: ,,patent" shall bear the meaning assigned under the Patents Act, 1970 (including any

re-enactment thereof) as amended from time to time'

2.0 PROJECT DETAILSZ.l Title of the Project: Development of polymer/biopolymer viscosifier (like Xanthan gum) for

temperature stability up to 250o C for use in drilling fluid.Z.Z Cost of the project' Rr. 70,49,500.00/- (Seventy Lakhs Forty Nine Thousands Five Hundred

only)2.3 Full Name of the PI: Prof. Yuvraj Singh Negi, Professor, Department of Polymer and Process

Engineerirrg2.4 Full Name of Co-PI: Dr. Garima Agrawal, DST Inspire Faculty, Department of Polymer and

Process Engineering2.5 Name of Project Coordinator: Mr. A. K.

2.6 Project Duration: I Yryears (18 months)

2.7 Objective of the Project

Joshi, GM (Chem) & Mr. Ratan Singh, DGM (Chem)

-l'o develop a viscosi{'ier tlraterial lvith tlterttlal stability up to 250o C for use in drilling fluid.

Scope of Work'fhe broad scope of ivork is as 1'ollows;

l. To develop a polyrncr/ bio polymer viscosificr (like Xattthatt-gum) whic'[r is stairle up to 250n

C in ternrs of its perfcrllance. rvhen usecl in preparatiori o1'drilling t'luid with selectcd ancl

coordi rrated add itives.2. IIT Rgorkee to carry,oilt lab experiments to develop a polyrrreri bio polyrner viscosifier (like

XanlSap-gum) whicir is stablc up to 2500 C in terrns of its performance. 1'he product developed

byllT1(oorkeetobeevaluatedasviscosifierwithnominal dose(arotrnd 1%)inpreparationof

drilli,g fluid. The fluids preparecl with the above product shall be stat'rle up to 2500 Cl

tetnpe ratLlres.

2.8 DeliverablesPro.iect SPecifi c OutPLrt

. We ainr to syrrthesize a pol,v-nrcrl biopolyrrrer (copolynrer) which can be used as viscosifier in

drilling {luid should be stablc up to 2500 C in ternts of perfonnance.

2.g.1 fhe other deliverables during / at the encl of the pro.iect. other things as applicable shall itlcludc:

a) Details of'Research Papers/T'eclinical Documents;

b) Pro.iect RePorts (QuarterlY);

c) IpIl/patcnts etc-.. inclucling supply of samples of product/matcrials, essential ft;r

demonstration of process/protectiotl oi' IPR or validatiotr.

2.8.2 On completion of the pro.iect. other deliverables sllall include:

a) Final Proiect RePort;

b) Detailed l)ocurneritation on proposed'l'eohnology/ Krrow-horv on the Process/ product and

Saf,ety protocols rvhich are prercquisite for furthcr scaling Llp or pilot production (i1'

applicable).I

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Page 6: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

c) Audited llnancial docutnents:d) Audited Iist of assets.

3.0 DURATION, EFFECTIVF] DATE AND T]XTENSION OI'THE AC;ITEEMI'NT'3.1 This AGREE,MENT rvill be valicl for a period of 18 months (proiect duration) {iom the date

of sigrring of this AGRIIEMIIN"I' with a provision to extcnd the AGREtiMflNT' for maximum

sub"iect to nrutual conserrt of both parties in writing at no adclitional cost. Request for extension

in the prescribed fornrat (Annexure-lX of this AGREEMENT') should he sent two months

in atlvance bcfore the expirv of the AGREEMENT.3.2 'fhc AGREEMENTshall bc ellbctive fionr tlte date of signing of tlic AGI{lrEMl-,N'l'by both

tlre Parties.

4.0 REMUNERATION FOR PRO.]ECT PI',RSONNEL & COST CONSIDERATIONS4.1 The following corrsolidated fellorvships per montlr will be paid to scholars cngaged l'or proiects:

o Maxinturl of RLrpees 30,000i- per trtontlr 1br first 1.5 vears fbr I']ro.icct Associate,

. Maxirnum of llr"rpees 35,000/- per month fbr subsequent period ftlr Project Associate,

. Maximurrr of Rupees 18,000/- per month for flrst 1.5 years lbr ['hD scholars,

. Maximum o1'Rupees tt.000/- per nrortth for MSc.l MS & M. 'fech stltdents

. Maxirtrum of Rupees 5"000/- per nronth for Llndergraduate students

The above t'ellowships will be applicable for rvorking in arcas idcntified jointly by ONGC and

llTs. Engagemeltt of Project Associate or PhD scholars will be up to the cornpletion of pro.iect.

Iingage rnerrt of Postgraduate/ Ciraduate scholars will be based on Pro.lect schedulei requirement

and rvould continue to be in operation up to rhe duratiolt/ curretlcy of the prcrject.

4.2 If the pro.lect requirernent necessitates engagenrent of manpo\ryer in other categories. the same

ntay be co6sidcrcci olt case to case basis by'a Committec contprisiltg olONGLI (lDT" Dehradun)"

Co6rdinator olrespective'l'hentatic Area and Pl o1'the projcct.'flre Cotnmittee will consider

the remuneration through negotiation.

4.3 Rateol-lnstituteOverheadsrvill beapplicableatuttil'ornr rateof l5'%of'total projectcost.

4.4 "l'[re expencliture on travel will be as per actual limited to budgetar.v provisiolt or Rs" 2 l,ac per

year. rvhichever is less {br eacli project"

4.S 'lhe contingency rvill bc as per actual lirnited to lrLrdgetary provisiorl or Rs. I [-ac per year.

whichever is less for eaclr pro-iect.

5.0 T'AXES AND DUTII'S5.-1 II'l'-Roorkee. unless specified othenvise in thc AGI{EEMENT'. shall bear and pay all tax

liahilities. duties and Govt. levies. including GST, Corporate ancl persottnel taxes levied or

inrposecl on the IlT-Roorkee and/or ONCiC (lDT, Dehradurr) on account o1'payments received

b_v it frorn the ONGCI (lDT. I)ehradr-rn) fbr the Project work done under this AGREIIMITNT. Itshall be the responsibility of'IIT-Roorkee to subrnit to the cottccrned Indian authorities" tlle

rerurns arrcl all other concerrred docurnents required for this purpose and to comply in all rcspects

rvith the requircments of the laws iri this regard, in tintc"

5.2 The asreecl sum payable to llT-Roorkcc under clausc 6.1 of this AGREF,MFTNI shall be

irrclusivc o1'all taxes inclucling GST, il'any. duties, corporate and pcrsonal tax. as applicable. Ifany taxes & duties are requirccl to be paid hy Institute of Drilling Technology which is re lated

to tfte work being clclne by III--Roorkee. it rvill lre recoverec'l fiom II'l'-Roorkee" Any ret'und ol'

iJuties, taxes. on any expenditurc incurt'ed. fbr the project work, rcceived by IlT-l{oorkce even

afler tlre expirl, of tfte approved date of cotnpletion ol'Pro.iect Work. will lre refuttcled by IIT-

Roorkee to ONGC (lD'f. Dehradun).

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Page 7: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

6.06.1

FINANCIAL COMMITMENTS & MODE OF PAYMENTONGC (lDT, DehruOrn) *itt puy a total sum of Rs. 70,49,500.00/- (Seventy Lakhs Forty Nine

Thousands Five Hundr"d oniyj to llT-Roorkee for the Project Work, as per the following

details:-

Note:* (iategory-wise Rer,uneration per rnontir for nrarlpower as indicatccl fol Proiect Associate r? Ils' 30'0001- per

ruronth.**'l'olal cost o1-project nlay vary as per prevailing rate of taxes' GS-I'l]ot applicable

"Maxitnutrr 30 sanrples pei month iir) I{s'3000i- per satnple for TGA/DSC'

Amount in

Lac

(Rs.)

Major Heading of ExPenditure

10,80,000.00-X4*p,*i",ttt f OZ- Pro.iect Associate) (60, 000 x I 8:10'80 Lac)

3,00,000"00T*r"l ('"s pet a"tual limited to Rs 2 Lakhs per annum)

1,50,000.00e"ntrrg"n"y ("t p"r actual, limited to Rs I Lakh per annum)

4,00,000.00'sarrples

testing charges (ltrr TGA/DSC)

27,30,000.00

4,09,500.00Lrrtit,rti"*l overheads (15 % of Subtotal )31,39,500.00Subrotal (l-5)

**GS'f

31.39,500.00Total (A)

Non-Recurring34,00,000.00Eqr,ripmerrt

5,10,000.00i)verhead on equiptt.ient ( I 5 7o of equipment)

** GSI'on overhead

Total (B)

Grand Total (A+B)

vryv:4Y

r tI

Sl. No.

A

l.

,

l

Recurring

Consumables 8,00,000.00

4.

.5.

6.

1

Sulilolal

NA

l]

8

n

l0 NA

39,10,000.00

70.49,500.00

Page 8: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

Equipment:Estirnated Cost in

Lac

(l{s.)

Name of the EquiPment

To remove the solvents/water

from the solution mixtureI-yophilize r

To separate the PolYmerCooling Cerrtrifuge

To synthesi ze the PolYmerReactor 1-or Scale uP

Synthesis

Dispcrsion/SusPensiott o1'Probe Sonicator

Purification of monomers and5,00.000I-ligh Pressurc Vacuum

Purnp(up to 0.05 mili bar

pressure) with RotarY

Evaporator

6.2

Manpower:Nos. Rate per

Month

No. ofMonths

Amount

Pro.iect

Associate

Year I 2 30,000.00 t2 7.20.000.0t)

Year 2

(6-rrronths)

2 30,000.00 06 3,60,000.00

f i:i 10,80,000.00

Note: ..tlt cote gories lo be irtdicttted

All the payments shall tre made to IlT-Roorkee. IlT-Roorkee will be responsible for proper

custody of equipment/materials and expenditure on the Project Work as defined in this

AGREEMENT.ONGC (lDT, Dehradun) shall make payment in installments on milestone achievement basis'

The payment shall be released against completion of milestones mentioned in the table below'

The payment shall be made based on actual subject to the upper limit mentioned in the budget'

W

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Page 9: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

;-.-!

Estimated AmountRequirement (Including

overhead)

Cumulative Periodfrom start ofthe

project

Details of deliverables

l0 9zo of Recurring and

Clonsultation fee and taxes

(without overheads)

Rs. 2.73"000.00

Withirr 15 daYs fronr

signing ol'Agreementa. Signing of Aqreetnenl

b. Basic dcsign and SYnthcsis of

Xartthan-gutr basccl (irafted

polyrnerl biopolynrcr (copolymer)

I't Milestone

l00o/o of non-recurring

expenditure (CaPital

Expenditure without

overheads) Rs.

34,00,000.00

Orr or before

completion of Znd

lnonths fiolr.r the clate

o1' signing ofAgreement.

a. I'inalizatiorl of ecluiPment

specificatiorrs"

b. pre-bicl qtlotations allcl

c. preparation ot-the NIQ

2n'r Milestone

33 .33 o/o of Recurring cost

(without overheads)

Rs.9.09.909.00

On completion of 6th

nronths frorrr tlre date

of signirrg olAgreetnent.

alkrrnpletion oI pttrchase process

ancl placing ol'thc POs

b. Recruitment of research sclrtllar

and stafl'

c. Stucly of Xatlthan gtllll based

Gralled biopoll'rner/copolylner for

the desircd ranges ol temperature

and visct-rsit,v.

d.lnitial characterizatiotr o[' graliecl

b i opo I ynr e ri co!19 I Yll o

3'd Milestone

13.65 o/o of Recurring and

others (without overheads)

Amount : Rs.3,72,645.00l2th rnonths lionr the

clate of signing of,Agreement.

O, conlpletion of

based on the subrnissiot.t clf invoice

ancl sirnctiotl order lequired

e-pttrt E-P.rditure**As Per need

19.01 % of Rectrrring and

others (without overheads)

Auroutrt :Rs.5, I 8,973.00

On - corrrPletion ofl5th ntonths frorn the

date of signing ol'

Agreenrent.

Xarttharr gurn gratlecl copolynler

h"'l'esting of Xarlthan gurn based

Grafted copolytler lor drilling Iluid'

..co,,rrfrf .rc charactcrizatiorl ul'5th Milestone

19.01 9/o of l{ectrning and

others (lvithout overheads)

Amount - Rs"-5, I 8'973.00

On conrPletion ofl Sth nronths from the

date of signirrg ofAgreenrent.

f**rng of Xanthan gunr based

Grafted copolvt'tler for different

requirentents ol' thernlal statrility"

vrscositl attd otltcr propcrlies

Preparation of Pro.iect rePod

(rtl' Milestone

5 Ya of Recurring and

others and all overheads

Amount Rs. I 0,56,000.00

AI1er strbmission of F-irral report

Rs.70,49,500.00

ri,l;+ r* t,*i,i.; ,rn,:Nrikrk;r;;irtt b, ,;irt*ii,,l,risM' ,,"1 ho''"'l n" re'strlts mitestones sholl be

ahove.

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Page 10: PAN ONGC - iitr.ac.in Agreement.pdf · between ONGC (IDT, Dehradun), and Indian Institute of Technology, Roorkee. ... Part-v. AND Indian Institute of Technology Roorkee and having

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6.4

6.5

6.6

Approval of the Project Work and the financial support by ONGC (lDT, Dehradun) is for this

pioject and the amount received by llT-Roorkee shall be exclusively spent for the project

woik/activities undertaken in terms of this AGREEMENT and within the approved time

duration. IlT-Roorkee is not permitted to seek or utilize funds from any other organization

(government, semi-government, autonomous and private bodies) for this project approved by

iistitute of Drilling technology, except in cases, where a project is approved for joint funding

with/by trnstitute of Drilling TechnologyIlT-Roorkee will be responsible for expenditure incurred on the project and shall maintain

separate accounts and records for the project to be implemented under this AGREEMENT.

Ail payments will be made by ONGC (lDT, Dehradun) to IlT-Roorkee by Electronic clearing

system (ECSY RTGS/NEFT.IiT-Roorkee is required to inform ONGC (lDT, Dehradun) if they are recognized as a R&D

institute, which is eligible for exemption from Tax Deduction at Source (TDS) and is also

required to produce financial year wise certificates from the competent Tax Authority in this

regard. Normally, TDS rules shatl be applicable in respectof all payments made by Institute

oin1.illing Technology, unless IlT-Roorkee is able to produce in advance applicable Tax

Exernption Certificate towards such receipts, issued by competent Tax Authorities. It will be

the soie responsibility of IlT-Roorkee to inform ONGC (lDT, Dehradun) in advance about

availing of tax Exemption and also to ensure timely submission of Tax Exemption Certificate

to rece."ive full payment of amount of the instalments. In case of delay in submission ofcertificate and consequent delay in release of payments, ONGC (lDT, Dehradun) will not be

responsible for any delay in implementation schedule of the project on account of such delays.

If no prior ,"qu.rt is received, ONGC (lDT, Dehradun),will deduct TDS as per applicable

rates. in case IIT-Roorkee is desirous of receiving the amount of instalment from ONGC (lDT,

Dehradun) without aly TDS deduction and it expects delay in receiving the Tax Exemption

ceftificate from conceined Tax authority, it should provide funds for the project work from its

own resources in the interirn period and ensure that project work is not hampered. In case the

Tax Exemption certificate is not provided by IIT Roorkee their payment shall be

released after deduction of TDS and they shall be liable to provide fund utilisation

certificate for the full amount including the amount of TDS.

IIT-Roorkee will submit the request for release of milestone based payment, in the prescribed

format (Annexure-lV of this AGREEMENT) along with the progress report and the latest

statement of expenditure in the prescribed format including Committed Expenditure, duly

audited by external auditorAll rnilestone based payments will be released by ONGC (lDT, Dehradun) only after the

satisfactory completion of each previous milestone-wise tasks/goals by IlT-Roorkee and their

acceptance by ONCC (lDT, Dehradun). The next milestone based payment will be released

onlyafter receipt of documents on utilization of funds released under previous payment

and other related documents as per prescribed format (Annexure-Vl). In case ofprocurement of equipment for the project, instalment will be paid by ONGC (lDT, Dehradun),

after completion of ull p."-p.o"urement actions, as per laid down procedures of IlT-Roorkee

for such procurement and submission of invoice and sanction order for the purchase ofequipmeni as supporting document for release of instalment. The Pl/institute will submit

details of the item, quantity, price and delivery schedule. Whenever, the delivery period is

over, the PI should confirm receipt of equipment, its commissioning and the extent of payment

(full or paft payment) made. In case, the equipment delivery period, for which instalment has

6.7

5.8

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been released, is not over before the next milestone based instalment becomes due, the PI mustconfirm giving requisite details and justifications. Any delay in delivery or commissioning ofthe equipment or release of payments for equipment must be explained with fulljustificationwhile making request for next instalment. In all cases, the required financia! documents must

be audited as per clause 6.7 of the AGREEMENT.6.9 On cornpletion of all steps relating to the purchase of capital equipment, the equipment must

be entered into asset register to be maintained by IIT-Roorkee for this project.

6.10 lf a request for release of milestone based instalment is made in second quarter of the financialyear, the PI should enclose the audited statement of the accounts along with the UtilizationCertificate for the previous financial year duly audited by external auditor in the prescribed

format (Annexure-V and VI of this AGREEMENT).6.ll On completion of the Projectand submission of the final reportand other related documents

etc. IIT-Roorkee shall render the final audited accounts/ statement of expenditure in theprescribed format (Annexure-V of this AGREEMENT), duly certified by authorised

representative of the University/Head of Institute/Organisation for release of the finalinstalment by ONGC (lDT, Dehradun).

6.12 IIT Roorkee is allowed to utilise funds under different heads of expenditure as

earmarked and detailed in Clause 6.1 above and any cross utilisation of funds from onehead to other should be avoided. In case such cross utilisation is absolutely necessary itshould be done with the approval of the competent authority i.e. Head IDT, ONGC. Anyunspent amount left with IIT-Roorkee will be immediately returned by way of credit throughECS/RTGS/NEFT to the SBI account of tDT - ONGC. IDT Bank Account No.:10392853355 and IFSC CODE: S8IN0001576 payable at Dehradun, but not later than 30

days of acceptance of finalaudited utilization certificate by ONGC.6.13 On completion of the project, IlT-Roorkee shall submit full details of Assets acquired under

the project utilising ONGC (lDT, Dehradun) funds in the prescribed format (Annexure-VlI ofthis AGREEMENT) and copies of sanction orders and invoices of all Assets, along with Finalaudited Statement of Accounts (Annexure-V of this AGREEMENT).

6.14 In case llT-Roorkee is not in a position to implement or complete the project due to validreasons accepted by ONGC (lDT, Dehradun) it should, forthwith, refund to ONGC (lDT,Dehradun) the total funds received by it or balance, thereof.

6.15 ONGC (lDT, Dehradun) and its authorised representatives shall have the right of access to the

books and accounts of IlT-Roorkee maintained in respect of this project and funds received

from ONGC (lDT, Dehradun). IlT-Roorkee will provide all assistance to the ONGC (lDT,Dehradun) team to inspect the books of accounts and give suitable reply to theirobservations/findings in atime bound manner. All corrective actions required, if any, in thisregard will be implemented by the PI and llT-Roorkee.

7,O RESPONSIBILITIES AND ACTIVITIES7.1 llT-Roorkee shall undertake to perform the Project Work under this AGREEMENT with all

reasonable skill, diligence and care in accordance with prudent scientific practice to the

satisfaction of tnstitute of Drilling Technology and accept full responsibility for the satisfactoryquality of such services as performed by them.

7.2 As per the project proposal, Dr. Yuvraj Singh Negi, Professor, Department of,Polymer and

Process Engineering of llT-Roorkee shall be the Principal Investigator who shall be leading and

guiding the project team for achieving the objectives and deliverables, as per agreed scope ofwork. A Co-Principal Investigator shall be (Dr. Garima Agrawal, DST Inspire Faculty,

\,Afu"f*

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Department of polymer and process Engirreering) identified to prevent loss to the project and

ONGC (lDT, Dehradun), and in ""ltuil event,"both shall be responsible for carrying out the

assigned project work. tn" co-pl shall function as PI in the absence of PI and should be

totally in knowledge of the activities of the Project work' If the PI to whom the project has

been sanction"o uyinrtitute of Driliing rechnology, Dehradun wishes to leave llr-Roorkee, the

IIT-Roorkee will either appoint u n"*11 or designate the Co-PI as the PI and inform the same to

ONGC (lDT, Dehradun) in advance and in corisultation with ONGC (lDT, Dehradun) evolve

steps to "nrur*u""essful

completion of the project' r .- r^--^ rL^ ^-^i^n{7.3 In case, the research scholar "ngug.a

by lti-ntorkee abandons the project/ leaves in between

without completing the project, the IIT-Roorkee shall substitute with another research scholar(s)

to complete the project. In such "ur"r,IlT-Roorkee

shall ensure that the scholar to document the

work carried oui and its outcome in the form of a repgrt'

7.4 IlT-Roorkee slrall ensure that the PhDs will be made co-terminus with the projects' however'

short project time lines will be compensated. through IITs own scholarships'

7.5 ONGC (lDT, Dehradun) on its pu.ihu, designateJ Mr' A'K'Joshi GM (Chem') and Shri Ratan

SinghDGM(Chem')ofONGC(IDT,Dehradun)astheProjectCoordinators(PC).7.6 All required administrative support and infrastructure faciiities by way of provision of desired

qualityofworkspace,water,electricity,communicationandotherrequiredinfrastructurefacilities etc. for smooth implementation lithe Project Work shall be provided by llT-Roorkee

7.7

to the PI and the Project team.

IlT-Roorkee shall undertake to carry out the Project Work and related studies' as per the scope

of work and deliverables etc. defined in this AdnE,E1ABNT within the agreed time frame and

budget by employing competent personnel'

IlT-Roorkee shall dlploy qualifiLd research personnel for achieving all the goals set out under

the project, in accordance with laid down procedure for recruitment followed by llT-Roorkee'

Ail the personner including Research personnel, appointed by the IlT-Roorkee under the project,

for full/part duration of the project, are to be treatei as project personnel of IlT-Roorkee and will

be governed by the Administrative rules of llT-Roorkee. They are not to be treated as employees

of the ONGC (lDT', Dehradun) under any circumstances and ONGC (lDT' Dehradun) will have

no liability, whatsoever, for the Project Personnel, during and after completion of the project

duration.7.10 For the expeditious implementation of the project work, IlT-Roorkee will provide full support

to the PI in the pro""r, of selection and appointment of project personnel/staff and shall make

payment to them in accordance with the guidelines given in this AGREEMENT'

7.11 llT-Roorkee shall not engage or sub-contract or assign the technical work or studies

concerning the project, either wholly or in part to any other institute/organization or any

third party without prior permission in writing from, ONGC, IDT, Dehradun' ln case' it is

considered necessary in the interest of the Project work, the PI will request to ONGC (lDT'

Dehradun) in writing giving full justification including its financial and IPR implications'

However,mereapplyingforpermissiontosub-contractthesaidprojectwork/studieswillnotamount to grant of permission and ONGC (lDT, Dehradun) reserves the right to disagree to such

request for any sub-contracting or consultancy'

7.12 Either party shall not assign this agreement without prior written consent of other party'

7.r3 The parties agree.that during the existence of the terms of this agreement, neither party shall

solicit directly or indirectly the employees of other party'

7.8

7.9

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8.0 REVTEW OF PROGRESS & SUBMISSION OF REPORTS8.1 The Principal Investigator (PI) or in his absence the Co-Pl will regularly submit to ONGC (lDT,

Dehradun) quarterly progress reports (two hard copies and one copy in electronic format) in the

prescribed format (Annexure-ll of this AGREEMENT). The report among other things willinclude physical and financial status including but not limited to (a) Project Work accomplished

against the set targets (b) reasons for the short fall, if any, and proposed remedial measures (c)

oiher scientific achievements made during the period, (d) publications, (e) placement ofmanpower, (f) procurement of equipment etc. and (g) planned targets for the next month.

B.Z ONGC (lDT, Dehradun) will regularly review the progress of the work through visits to IIT-Roorkee or by inviting the Pl to ONGC (lDT, Dehradun) facilities/office. ONGC (lDT,

Dehradun) may, if considered neiessary by ONGC (lDT, Dehradun) depute a team pf experts

to review the progress of the project. IlT-Roorkee shall extend all required facilities and fullsupport for such visits to facilitate effective monitoring and implementation of the project. The

travel budget of the project wilt include cost towards visits of the PI and others for attending

such review meetings. No extra fund will be provided by ONGC (lDT, Dehradun) for such

visits.8.3 ONGC (lDT, Dehradun) will provide a copy of the report on the review of the project to the PI,

for implementation. The Pt and IlT-Roorkee will take into account the suggestions made by the

reviewing team on mid-term correctionslmodifications in the project work, while formulating

necessary corrective/remedial actions for implementation, subject to feasibility ofimplementation of such suggestions/actions within the approved project budget. PI will provide

action taken repoft to ONGC (lDT, Dehradun) on the report of review of the project.

8.4 On completion of the project, the PI will submit a draft'Project Completion Report' on the

work done under the project for review to Institute of Drilling Technology, Dehradun.

Comments/suggestions, if any, will be incorporated by the PI as appropriate and thereafter, 5

copies of the final consolidated 'Project Completion Report' will be submitted to ONGC

1tOf, Dehradun) in the prescribed format (Ahnexure-lll of the AGREEMENT)" One copy in

electronic form will also be submitted to ONGC (lDT, Dehradun).

B.S The 'Project Completion Repoft' must include full details of objectives and work plan for the

project, work/studies undertaken by PI/llT-Roorkee, as per the approved objectives/work plan,

discussions & inferences of the results of the research, outcome of project and achievements,

all relevant technical details/specifications/process flow diagrams, working drawings for

designing of the systems/equipment for further work on demonstration/scale up, as the case may

be, along with inventory of required materials, specifications etc. All items covered under the

head "deliverables" of the project must be covered in this report.

9.0 TECHNOLOGY TRANSFER9.1 At the completion of the Project Work, the developed technology shall be transferred to

Institute of Drilling Technology, Dehradun /ONCC and ONGC group of companies or any

agency to be specified by the Institute of Drilling Technology, Dehradun for Demonstration

and/ or fi eld applic ationl commercialization'g.2 IlT-Roorkee shall also provide samples of all the used chemicals optimised for the process

and other detailed information on the process to Institute of Drilling Technology, Dehradun

for safe deposition and preservation for protection of tPR and subsequent use.

1O.O OWNERSHIP OF IMMOVABLE & MOVABLE ASSETS

10.1 For permanent, semi-permanent assets acquired solely or mainly out of the project budget, an

audited record in the form of a register in the prescribed format (Annexure-Vll of this

1.L

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AGREEMENT) shall be maintained by llT-Roorkee. The term "Assets" include (a) the

immovable property acquired out of the funds; and (b) movable property of capital nature, IIT-

Roorkee i, ,"quir"j to send to the ONGC (lDT, Dehradun), a list of assets acquired under the

project on annual basis. A consolidated list of assets will be submitted on completion of the

project, as a part of the Project Completion Report'

lO.Z ONGC (IDT; Dehradun) ,hull hur" Sole Ownership of all Assets acquired under the

project for which ONGC (IDT, Dehradun) has made the payments to-IlT-Roorkee,' These

assets should not tre disposed off or encumbered or utilized by IlT-Roorkee for any

purpose other than those for which the budget had been sanctioned, without the prior

written permission from ONGC (IDT, Dehradun)'

10.3 llT-Roorkee, shall undertake to pioperly maintain and upkeep the capital assets/equipment

purchased using ONGC (lDT, n"i1rudrnj funds and also to provide all suitable infra-structure,

like working ,[u"", "nrironrn"nt,

air conditioning and other required facilities, for smooth

operation oflquipment, as per procedures recommended by oEM.

10.4 In order to facilitate the continued usage of infrastructure, by students and researchers at IIT-

Roorkee, created under ONGC-PAN-ll-T initiative, the capital items/ equipment procured under

the ONGC-pan-llT Collaborative Research Program may be retained by the IlT-Roorkee,

however, ONGC (IDT, Dehradun) reserves the right to call back the equipment at any

point of time at its discretion. oNcc will have no liability whatsoever after completion of the

project towards the procured items and the services of the infrastructure so created will be made

available on priority to ONGC (lDT, Dehradun) in future at no cost'

10.S If the Capital equipment/other assets are allowed to be retained by the IlT-Roorkee, after

completion of the project, IIT-Roorkee, will give an undertaking to maintain the assets from its

own resources'11,0 PUBLICATIONS, INTELLECTUAL PROPERTY RIGHTS & OWNERSHIP

1l.l If the results of Research are to be legally protected under IPR, the results shall not be published

or relied upon or referred to, prior to its registration i . ., .,publication of the research-results in journalsi conferences shall be jointly authored by IIT-

Roorkee and ONGC (lDT, Dehradun). th. Itt-Roorkee, / PI shall seek prior approval of ONGC

(tDT, Dehradun) for puUiistring technical/ scientific papers based on the research work done

under the project. The IIT-Rooikee/ pt snatt submit copy of the manuscript of paper at the time

of seeking approval from ONGC (lDT, Dehradun). The investigator(s) should. acknowledge the

assistance received from ONGC (lDT, Dehradun). The PI shall submit 5-copies of the paper to

11.2

ONGC (lDT, Dehradun) after it is published

11.3 If the result is in the form of a suivey report / product performance. evaluation or other such

activities which have commercial implications, IlT-Roorkee shall no-t publish the results

without specific written approval of ONGC (lDT, Dehradun). Such reports/product

performance evaluation etc. will be the sole property of ONGC (lDT, Dehradun)'

ll.4 IIT-Roorkee/pl shall send copy/copies in advanCe of all application forms,^containing summary,

detailed specifications, drawing, .t"., as required by appropriate PaGnt office, along with all

other relevant details to 0NGC (tn'i, oetriadun)in the prescribed format (Annexure-VllI of

this AGREEMENT) for filing of patents by ONGC'

ll.s The intellectual property arislng out of this work shall be jointly held in the name of the IIT-

RoorkeeanooNcc(lDT,Dehradun),whereinONGC(IDT'Dehradun),willbethefirstpars,mentioninginventorsfrombothsides.ONGC(lDT,Dehradun)willberesponsibletofile, maintain and defend the IP against any claims and/or possible encroachment using its own

1,2

' ,0,uVryY'"

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rcsolrrces. Hurvever. tcclruical support to cic{cpd an1, clairn and /or possible encroaclrnterrt willbe proviclecl by II'l'-Roorkee. II'l-Roorkee shall retairr the rights for tcaching attd to cotrtinue

research in the specificd area using thc lP tlius cleveloped.

ll"6 'fhc right t9 llrst use of IPR/ Patenr/'l'echnology developed through this collaboration for its

corlrnercial exploitatiol slrall rest with ONGC (lD'l', Dehradrrn) and its group companies'

Ilowcver. in caic of the generarion of profit by i1s uses fiom thirci party will be shared with llT-Roorkce. The extent ol'sLrch sharing will be ntutually decided oll a case to case basis. II'l'-

Iloorkec pay share thc amount so generatecl. with the inventor(s) l'rom the lll--ftoorkee as per

the existiltg llorl'l-ls of IIT-li.oorkee'll.1 ONGC (lDT'. Delrradurr) shall have full right to transflerring/ assigning/ licensirrg/ prodr"rct/

prrgcess/ tcchnology devcloped to third party with art intirnation to IlT-lloorkee. ONGC (lD1'.

behradLrn). shall equally share any benefit accruing frotr assigntnents/ sale/ licensing/ or arry

other mantrer with llTs.t l.g All rigSts a1d obligatiols relating to.ioint IPR. if'any. shall survive the tcrnrittation of the pro.iect

tbr any reasolt.

12,0 CONFIDEN'TIALII'YlZ.1 Thc parties shall cluring the terrure of the Agrccntent and at anv time thcreafter rnaitttain in the

strictest cop{ldence. all infornlation acquired in pursuance of tlrc Agreetnent and shall not.

unless aLrthorizecl ip rvriting h,v the Other Party, clivulge or grant aocc:ss to atly information

acquirecl in pursu:utcc of'the Agreetncttt or the resttlts thereof and shall prcvent allyonc

beconring acquailted with any, such inibrmation. Il1--Roorkee shall not also clestroy any report.

pote arrcl tcclutical data relating to the operationi rvork altd not requircd by the ONGC (lD'l'.

Delrraclyn). ONGg (lDT', Dehradurr) shall be bound by similar obligations w.r.t. cont-identiality

ol' infbrtnatiott"'l'h13 obligation is a continuing onc tbr the Parties and sliall survive afler tlrecotnpletion/tenrination of this Agreemetlt.'fhc provisions of this Cllausc shall not apply to informatiort that:

(a) is acquired/developed by the Parties independerrt of this Agreetnenl or is rightfully

receiricd free of restriction fi'om anotlrer solrrce having the right to so firnish such

ittlilrtlatiott: or(h) is in i'}ublic domain: or(c) al the tipre of disclosure. tltc information was knorvn to citlrer

companies, free of restrictions, as evidenced by documentation

is disclosed with prior consent of the Other Pafty; or

is requircclto be furnished or reporled under any LawiOrder of a Court or is required by

Govt. Ministriesiagencies iregulatory agettcies, Court ol'Law or thc law of land or likc

Authorities havingiurisdiction as regards suclt inlormation. or itl accordanc'.e with the

rules. by-lau,s. policies. clisclosure standards or codes of prof"essiottal conduct or ethics

that rnay be applicatrle to such intbrrnation" Provided, however, that as soott as the

Disclosing Party learns titat it is or mav- be required 1o clisclose ariy Conlidential

Irrtonnatiorr under thc above-ntentioncd circunrstances, it shalI:

(i) Take reasonable stcps as prornptl-v as possible to notily the Other Party ol'the

clisclgsure recluirerncnt so that the Othcr Party. if it dcenrs Iit. may scek a protcctivc

order or other appropriate re lief .

(ii) provide such c6operation arrd assistancc as the Other Party nray rcasonably recluest

in any ef.fort by ttre Other Party to obtain such relief"

Parties or its affiliatedin its possessions; or

(d)(e)

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13.0 RETURN OF DATA, LITERATURE AND DOCUMENTSThe data, literature and documents supplied by ONGC (IDT, Dehradun), to the IIT-Roorkee, during the course of the Project will always remain tljr p-ro-perty of ONGC_(IDT,

Dehradun), undthe same shall be handed over to ONGC (IDT, Dehradun), immediately

after the submission of final report. ONGC (lDT, Dehradun), may, at any time during the

execution of the AGREEMENT demand return of the data, literature and documents, not

withstanding whether project Work has been completed or not IlT-Roorkee shall be obliged to

return the same immediately on demand of Institute of Drilling Technology, Dehradun, without

reiaining a copy.,14.0 TERMINATION

This agreement will automatically be terminated after the expiry of period of Project unless

t4.lextended otherwise by the parties.The AGREEMENT may be terminated at any time by mutual agreement between the parties.

Unspent money on the date of termination after deduction of committed expenses shall be

retuined to Institute of Drilling Technology, Dehradun by the llT-Roorkee. The committed

expenses shall mean the payment to be made by Institute of Drilling Technology,.Dehradun to

IIT-Roorkee for the works iompleted and accepted by ONGC till the date of termination.

SURVML OF TERMS: Clause 9, 10, ll, 12, 13, 16,19 and 20 of this AGREEENT shall

survive the termination of this AGREEMENT.FORCE MAJEUREIn the event of either party being rendered unable by Force Majeure to perform.any obligation

required to be performed 6y them under the AGREEMENT, the relative obligation of the party

affected by such Force Majbure shall be suspended for the period during whigh such cause lasts.

The term iFor". Majeure""as employed heriin shall mean acts of God, including but not limited

to War, Civil Riots, Fire directly aifecting the performance of the AGREEMENT, Flood and

Acts and Regulations of government.

Upon tlre o"Jrr."n"" of such cause and upon its-termination, the party alleging that it has been

re-ndered unable as aforesaid thereby, shail notify the other party in writing, the beginning ofthe cause amounting to Force Majeure as also the ending of the said clause by giving notice

to the other party *itt',in 72 hours of the ending of the cause respectively. If performance^

is suspended 'by

force Majeure conditions lasting for m.o1e than 2 (two) months, lnstitute ofDrilling Technology shall fiave the option of cancelling this AGREEMENT in whole or part at

its discretion without any liability on its part.

Time for performance of the relative obiigation suspended by Force Majeure shall then stand

extended by the period for which such cause lasts'

APPLICABLE LAW AND JURISDICTIONThe AGREEMENT, including all matters connected with this AGREEMENT shall be governed

by the Indian law both subslantive and procedural, for the time being in force and shall be

subject to the exclusive jurisdiction of Indian Courts at Dehradun.

COiMPLIANCE WITH LAWS: IlT-Roorkee shall perform the duties under this

AGREEMENT and undertake the Project Work and its related activities in due compliance with

all applicable laws in India, along with rules and regulations, if any, of. duly constituted

Covernmental Authorities in Indiaind shall obtain, if applicable, any such licenses, consents,

registrations and other governmental approvals, etc., if ^any,

required by laws in India in

co-nnection with this AGREEMENT and-for the conduct of the Project Work. The parties shall

t4.Z TERMINATION ON ACCOUNT OF FORCE MAJEURE: Either party shall have the right

to terminate this AGREEMENT on account of Force Majeure, as set forth in Clause l5 of this

AGREEMENT.14.3

15.015.1

15.2

15.3

ts.4

16.0

17,0

1.4 VA'*il^

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indemnify and hold harmless the other party from and.against an1.cl.aimlloss/damages suffered

on account of the failure of the party to comply with the applicable laws'

18.0 MODIFICATION AND WAVERS IN AGREEMENTlg-1 All modifications leading to changes in the AGREEMENT with respect to technical and/or

commercial aspects, inciuding teims of deliverables, methodology and work plan shall-be

considered valid only when aciepted in writing by Institute of Drillilg-Technology, Dehradun

and if considered n"i"ttu.y, by issuing amendment to the AGREEMENT'

lg.2 Any other changes in the-AGREEMENT shall only be binding on the Parties when duly

executed in *iitl"ng by way of an amendment to the AGREEMENT. The amendment shall be

effective from the date of signing.19.0 INDEMNITY

IIT-Roorke" ugr""u to indemnify and hold ONGC (lDT, Dehradun) harmless from any claim

for damager ur"iring from IlT-Roorkee and its employees, representatives'will full act and gross

negligenJe and/or 6riminal act and / or non-compiiance with applicable laws in execution of the

Project Work under this AGREEMENT.2O.O RESOLUTION OF DISPUTES

All disputes regarding the interpretation of contents of this AGREEMENT or its

implementation sf,all be-resolved biiaterally by the Director of Coordinating IlT-Roorkee and

CMD, ONGC.Except as otherwise provided elsewhere in the contract, if any dispute, difference, question or

disagreement arises between the parties hereto or their respective representatives or assignees,

at ariy time, in connection with construction, meaning, operation . effect, interpretation of the

contract or breach thereof, which parties are unable to settle mutually, the same shall be referred

to Arbitration as provided hereunder.

2O.I ARBITRATION2AJ.l In ttre event of any dispute or difference relating to the interpretation and application of the

provisions of the contiacts, such dispute or difference shall be referred by either party.for

Arbitration to the sole Arbitrator in the Department of Public Enterprises to be nominated by

the Secretary to the Government of India in-charge of the Department of Public Enterprises.

The Arbitrjion and Conciliation Act, 1996 shalI not be applicable to arbitration under this

clause. The award of the Arbitrator shall be binding upon the parties to the dispute, provided,

however, any party aggrieved by such award may make a further reference for setting aside

or revision of in" i*una to the Law Secretary, Department of Legal Affairs, Ministry of Law

& Justice, Government of India. Upon such reference the dispute shall be decided by the Law

Secretary or the Special Secretary/Additional Secretary, when so.authorized by the Law

Secretary, whose dbcision shall bind the Parties finally and conclusively. The Parties to the

dispute *itt rhu." equally the cost of arbitration as intimated by the Arbitrator.

Z0.Z tf any dispute, difference, question or disagreement arises between the parties hereto or their

respective repiesentatives or assignees, in ionnection with construction, meaning, operation,

effect, interpretation of the coniract or breach thereof which parties are unable to settle

mutually, the same may first be referred to conciliation through Outside Expert Committee

(,.OEC,) to be constituted by CMD, ONGC as provided hereunder:

z0.z.l The party desirous of resoriing to conciliation-shall send a notice of 30 (thirty) days to the

othei partyoiitr intention of leferring the dispute for resolution through OEC. The-notice

invoking conciliation shall specify all tlhe points of disputes.with detaitsof the amount claimed

to be referred to OEC and the party concerned shall not raise any new issue thereafter.

21.O CONTINUANCE OF THE AGREEMENTNotwithstanding the factthat settlement of dispute(s) (if any) underarbitration may be pending,

the parties herei-o shall continue to be gou"rn.d by and perform the Project Work in accordance

15 \A^,,ry

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with the provisions under this AGREEMENT.

22,0 NOTICES AND ADDRESSES:For the purposes of this AGREEMENT, the addresses of the parties will be as follows and allcorrespondence and notices in relations to the present Agreement sent to the parties at the

addresses mentioned below-By Fax/Courier/Registered post/Mail/Hand Delivery shall be

deemed to be sufficient service of notice on the parties. All such notices as well as reports,

invoices and other relevant material shall be addressed to the par-ties as per the address given

hclorv:For Head of Institute For IlT-Roorkee

Mr. Vinay Kumar Gupta, GGM (D),Head Institute of Drilling TechnologyONGC,9-KaulagarhRoadDehradun 248195

Professor Manish Shirkhande, Dean SRIC,Indian Institute of Technology- Roorkee,Uttarakhand ,247667

23.0 ENTIRE AGREEMENTThis AGREEMENT supersedes all prior AGREEMENTs and commitments, whether oral orin writing between the parties concerning the subject matters thereof. The right of eitherparty to require strict performances will not be affected by any previous waiver or course ofdealing. Neither this AGREEMENT nor any modification will be binding on a party unless

signed by an authorized representative of llT-Roorkee and Institute of Drilling Technology,Dehradun.In witness where off, the Parties through its authorized officer has set its hand and stamp on

this at Dehradun.

18',

'.'ywnIr-or & on behall of InstitLrtc o1'Drilling'l'e clrnologDate: l6j 2olE)

(Signature)

For & on behalf of IIT-RoorkeeDate: 1O \a,n zblg

M

o

WITNESSNO. I s ,

A /^'\ K^^""=Y :\'t-|l^' ---rls/snat\rict ta I 'l > tt[.F'ull narne and official address

Mr. Ajay Kumar.loshi, GM (Chem)

IDT. ONCC, Kaulagarh Roacl

Dehradun 248 1 9 5 " Uttarakhancl

WITNESS NO. I

Polymer And Process Engineering, IndianInstitute of Technology Roorkee, 247667-Uttarakhand

WITNESS NO.

(Signature)

Mr. Ratan Singh DGM (Chem)IDT, ONGC, Kaulagarh RoadDehradun 248 19 5, Uttarakhand

WITNtrSS NO.2

(Signature)Full name and official addressDr.Garima Agarwal, Deptt. Of Polymer AndProcess Engineering, Indian Institute ofTechnology Roorkee, 247 667 - Uttarakhand

1.6

(Signature) ,

Full name and offi-cial m

Professor Yuvraj Singh Negi,-