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Memorandum of Understanding: September 1st, 2018

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9795894105

teamtrbs@iima.ac.in

IIM Ahmedabad, Vastrapur,


Ahmedabad – 380 015

Memorandum of Understanding

Date September 1st , 2018

Parties
Between

The Red Brick Summit, IIM Ahmedabad [‘TRBS’]


(to be conducted from September 29, 2018 to October 2, 2018)

and

The Fern – An Ecotel Hotel, Ahmedabad

TERMS AND CONDITIONS


1. TERM OF CONTRACT
The term of this contract shall commence on the date of signing and continue till October
3rd, 2018

2. RIGHTS AND BENEFITS

3. IIM A TRBS Deliverables and Conditions

a. Naming rights for TRBS as official 'Hospitality Partner'.


b. Logo presence on the main event backdrop.
c. 2 standees placed at RJM and IMDC (To be provided by Fern)
d. Brand to be promoted through official Facebook page, TRBS Mobile App and mailers.
e. Logo presence in TRBS ads in leading business daily and business magazine depending
on the advertisement space.
f. TRBS website to prominently promote The Fern Ahmedabad as the ‘Hospitality Partner’.
g. Promotional video to be shown 5 minutes before the commencement of every major
event.
h. 3 participation/pass for each workshop organized during event. (For The Fern
Ahmedabad - Employees)

4. Expectations from Fern

a. The Fern Ahmedabad as Hospitality partners will provide 10 to 20 room-nights between


28th Sept. 2018 to 03rd Oct. 2018 on below mentioned rates, actual cost to TRBS will be
on the basis of actual bookings.
b. Payment: Entire Bill including all extras will be paid by “TRBS 2018 - IIM Ahmedabad”
within 15 days of submission of bills.
9795894105

teamtrbs@iima.ac.in

IIM Ahmedabad, Vastrapur,


Ahmedabad – 380 015

Room Category Single Occupancy Double Occupancy


Winter Green INR. 3150 + 18% Tax INR. 3650 + 18% Tax
Fern Club INR. 5000 + 18% Tax INR. 6000 + 18% Tax
Hazel Suite INR. 10000 + 28% Tax
Inclusions Above rates are inclusive of Buffet Breakfast.
·         Check In Check Out time is 12:00 noon. (Early check In & Late check out
subject to availability).

·         Guest list to be provided atleast 2 days prior to the check in date along with
arrival timing.

5. COOPERATION
a. Both TRBS and Fern will endeavour to conduct itself in a manner so as to present a
professional and high quality promotion and image of IIM Ahmedabad, TRBS and Fern.
b. TRBS must not bring into disrepute or otherwise damage the name or goodwill of Fern.
Fern must not bring into disrepute or otherwise damage the name or image of the TRBS
or of IIM Ahmedabad.
`
6. AMENDMENTS
No amendment or variation of this Agreement is valid or binding on a party unless in
writing and executed by all parties.

7. GENERAL

a. Compliance with Laws


In performing its obligations under this Agreement, each party will comply with all
statutes, orders, by-laws, regulations or other laws of any Governmental Agency.

b. Governing Law and Jurisdiction


(a) This Agreement is governed by the law of Ahmedabad, India
(b) Each party submits to the exclusive jurisdiction of the courts of India and the
courts hearing appeals from them.

AGREE
The Red Brick Summit 2018

Rajkumar Srivastav,
Secretary, The Red Brick Summit 2018

AGREE
9795894105

teamtrbs@iima.ac.in

IIM Ahmedabad, Vastrapur,


Ahmedabad – 380 015

Fern

(Signature)

Name: Mr. Jitendra Patel

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