Document:

EXHIBIT 10.1

                        SETTLEMENT AND RELEASE AGREEMENT

     Settlement and Release Agreement (this "Agreement"), dated as of January
14, 2008, by and between L & Co., LLC, a Delaware limited liability company ("L
& Co."), The Irrevocable Trust of James E. Lineberger U/A 12/1/98, a Florida
trust (the "Trust" and together with L & Co., the "Warrantholders"), James E.
Lineberger (together with the Warrantholders, the "Warrantholder Parties") and
InkSure Technologies Inc. (the "Company").

     WHEREAS, pursuant to a Subscription Agreement, entered into in July 2002,
among the Warrantholders and the Company (the "Subscription Agreement") and a
Warrant Agreement, dated July 5, 2002, among the Warrantholders and the Company
(the "Warrant Agreement"), the Warrantholders purchased units of the Company's
securities each consisting of (i) 62,112 shares of the Company's common stock,
$.01 par value ("Common Stock") and (ii) five year warrants (the "Warrants") to
purchase 21,739 shares of Common Stock at an initial exercise price of $2.17 per
share (such purchase, the "Investment");

     WHEREAS, on July 28, 2007, the Warrantholders provided the Company with
documentation exercising the Warrants on a cashless basis (the "Cashless
Exercise");

     WHEREAS, a dispute has arisen as to the exercise price of the Warrants held
by the Warrantholders resulting from whether the Company was required, or
failed, to maintain the effectiveness of the Company's registration statement on
Form SB-2 filed with the Securities and Exchange Commission ("SEC") on April 28,
2003 in light of the possible affiliate status of the Warrantholders which
arguably prevented them from relying on Rule 144 (k);

     WHEREAS, subject to the terms hereof, the parties wish to provide for the
issuance of shares of Common Stock to the Warrantholders and to settle any
claims and controversies between them arising out of the Investment;

     NOW, THEREFORE, in consideration of the promises, covenants and agreements
set forth herein, the parties agree as follows:

     1. As of the date hereof, the Company is issuing and delivering to L & Co.,
certificates (without a restrictive legend and without stop transfer
instructions given to the Company's transfer agent) representing 52,983 shares
of Common Stock in full satisfaction of the Cashless Exercise of the Warrants by
L & Co. Upon delivery of such shares of Common Stock, the Warrants will be
deemed cancelled and void. The Company acknowledges that L & Co. has the right
to sell such shares of Common Stock publicly under Rule 144(k) of the Securities
Act of 1933, as amended ("Securities Act") immediately after delivery of such
shares to L & Co. as L & Co. has held the Warrants from more than two years and
is not an affiliate of the Company.

     2. As of the date hereof, the Company is issuing to the Trust, certificates
(without a restrictive legend and without stop transfer instructions given to
the Company's transfer agent) representing 88,306 shares of Common Stock in full
satisfaction of the Cashless Exercise of the Warrants by the Trust. Upon
delivery of such shares of Common Stock, the Warrants will be deemed cancelled
and void. The Company acknowledges that the Trust has the right to sell such
shares of Common Stock publicly under Rule 144(k) of the Securities Act
immediately after delivery of such shares to the Trust as the Trust has held the
Warrants from more than two years and is not an affiliate of the Company.

<PAGE>

     3. As of the date hereof, the Company is issuing and delivering to L & Co.,
14,402 shares of restricted Common Stock as payment of legal fees incurred by L
& Co. in connection with the dispute and this Agreement. The Company agrees that
at any time it files a registration statement with the SEC to include any shares
of its Common Stock for registration, including any registration statement filed
as of the date hereof, it will take all appropriate action to include the
foregoing shares of restricted Common Stock in such registration statement to
enable L & Co. to sell such shares of restricted Common Stock under such
registration statement. The foregoing covenant shall cease at such time as the
restricted Common Stock may be sold publicly under Rule 144(k) of the Securities
Act.

     4. As of the date hereof, the Company is issuing and delivering to the
Trust, 24,005 shares of restricted Common Stock as payment of legal fees
incurred by the Trust in connection with the dispute and this Agreement. The
Company agrees that at any time it files a registration statement with the SEC
to include any shares of its Common Stock for registration, including any
registration statement filed as of the date hereof, it will take all appropriate
action to include the foregoing shares of restricted Common Stock in such
registration statement to enable the Trust to sell such shares of restricted
Common Stock under such registration statement. The foregoing covenant shall
cease at such time as the restricted Common Stock may be sold publicly under
Rule 144(k) of the Securities Act.

     5. As a condition to the receipt of the restricted Common Stock pursuant to
Paragraphs 3 and 4 above, each Warrantholder will execute an Investor
Representation Letter, in the form attached hereto as Exhibit A.

     6. For good and valuable consideration, each Warrantholder Party does
hereby release and forever discharge the Company and all of its past and present
employees, agents, representatives, servants, assigns, attorneys, insurers,
predecessors, successors, stockholders, partners, parents, subsidiaries and
affiliates and all past and present officers and directors of each of them
(collectively, the "Releasees") of and from any and all claims, rights, demands,
sums of money, obligations, damages, debts, liabilities, controversies,
judgments, notices, costs, expenses, attorneys' fees, indemnities,
contributions, allocations, apportionments, interests, losses, injuries,
assessments, penalties, impositions or causes of action of any nature
whatsoever, known or unknown, asserted or unasserted, liquidated or
unliquidated, fixed or contingent, whether sounding in contract, statute, tort,
fraud, misrepresentation or other legal theory, both at law and in equity,
existing as of the date hereof, whether known or unknown, arising out of the
dispute which is being resolved by this Agreement including any claimed breach,
violation or default by the Company under the terms of the Subscription
Agreement or Warrants.

     The Company, on behalf of the Releasees, does hereby release and forever
discharge each Warrantholder Party and all of their past and present employees,
agents, members, trustees, beneficiaries, managers, representatives, servants,
assigns, attorneys, insurers, predecessors, successors, stockholders, partners,
parents, subsidiaries and affiliates and all past and present officers and
directors of each of them (collectively, the "Warrantholder Releasees") of and
from any and all claims, rights, demands, sums of money, obligations, damages,
debts, liabilities, controversies, judgments, notices, costs, expenses,
attorneys' fees, indemnities, contributions, allocations, apportionments,
interests, losses, injuries, assessments, penalties, impositions or causes of
action of any nature whatsoever, known or unknown, asserted or unasserted,
liquidated or unliquidated, fixed or contingent, whether sounding in contract,
statute, tort, fraud, misrepresentation or other legal theory, both at law and
in equity, existing as of the date hereof, whether known or unknown, arising out
of the dispute which is being resolved by this Agreement including any claimed
breach, violation or default by the Company under the terms of the Subscription
Agreement or Warrants.

<PAGE>

     7. No Warrantholder Party (on behalf of itself or any of its affiliates)
shall assert any claim or demand (including without limitation by the
commencement of any action in any court or arbitration forum) against any
Releasee as to any matter released under this Agreement. In the event that any
such demand or claim is asserted against any Releasee, (a) each Warrantholder
Party acknowledges that this Agreement shall constitute a full, complete and
absolute defense thereto, and (b) such Warrantholder Party shall immediately
indemnify and hold harmless each affected Releasee against all of its costs in
that regard, including its actual attorney's fees and costs.

     8. No Releasee (on behalf of itself or any of its affiliates) shall assert
any claim or demand (including without limitation by the commencement of any
action in any court or arbitration forum) against any Warrantholder Party as to
any matter released under this Agreement. In the event that any such demand or
claim is asserted against any Warrantholder Party, (a) each Releasee
acknowledges that this release shall constitute a full, complete and absolute
defense thereto, and (b) such Releasee shall immediately indemnify and hold
harmless each affected Warrantholder Party against all of its costs in that
regard, including its actual attorney's fees and costs.

     9. Each Warrantholder Party represents and warrants that after due inquiry
it does not know of any legal claim that it has with respect to any Releasee and
the Company on behalf of itself and each Releasee represents that after due
inquiry none of such parties knows of any legal claim that it has with respect
to any Warrantholder Party.

     10. From time to time after the date hereof, each party hereto shall take
any and all actions, and execute, acknowledge, deliver, file and/or record any
and all documents and instruments, as the other party may reasonably request in
order to more fully effectuate, consummate, confirm or evidence the agreements
contemplated hereby.

     11. Each of the parties hereto has been represented by independent legal
counsel of its or his own choice in arriving at this Agreement, or has had the
opportunity to be represented by independent legal counsel and that it or he has
had the opportunity to discuss this Agreement with such counsel. This Agreement
represents the product of the parties' negotiations.

     12. By entering into this Agreement, no party admits to any liability to
the other or to the truth of any allegations and/or claims raised by any party
and each party expressly disclaims and denies any and/or all liability to the
other, monetary or otherwise, or that any party has any rights whatsoever
against the other except as contained in this Agreement. This Agreement may not
be used and/or introduced in any way in any further action or proceeding as an
admission of liability, as evidence of an admission by either party or that any
party acted in any way wrongfully with respect to the other, or that either
party is liable to the other or anyone else for any prior alleged actions or
conduct, except that this Agreement may be entered as evidence in any
proceeding, action or mediation in the event of a default by either party of
this Agreement.

     13. From and after the date hereof, each party shall keep this Agreement
confidential and not disclose the circumstances leading to the execution of this
Agreement to anyone unless otherwise required by law or court order; PROVIDED,
HOWEVER, that the Company may, if required, disclose the terms of this Agreement
in, and file this Agreement as an exhibit to, its reports and other documents
filed with the Securities and Exchange Commission.

<PAGE>

     14. This instrument may be executed in two or more counterparts, each of
which shall be deemed to be an original, but all of which together shall
constitute one and the same instrument.

     15. This instrument shall be governed by and construed in accordance with
the laws of the State of New York applicable to contracts entered into and
wholly performed in the State of New York.

     16. This Agreement constitutes the entire agreement between and among the
parties with respect to the subject matter hereof and supersedes all prior
written and oral agreements with respect thereto.

     17. This instrument shall inure to the benefit of, and be binding upon, the
parties hereto and their respective heirs, legal representatives, successors and
assigns and shall inure to the benefit of the respective persons and entities
released pursuant hereto.

     IN WITNESS WHEREOF, the parties hereto have set their hands as of the date
first written above.

                                               INKSURE TECHNOLOGIES, INC.

                                               By: /s/ Elie Housman
                                               --------------------
                                               Name: Elie Housman
                                               Title: Chief Executive Officer

                                               L & Co., LLC

                                               By: /s/ James E. Lineberger
                                               ---------------------------
                                               Name: James E. Lineberger, Jr.
                                               Title: Member and Manager

<PAGE>

                                               THE IRREVOCABLE TRUST OF JAMES E.
                                               LINEBERGER U/A 12/1/98

                                               By: /s/ James E. Lineberger
                                               ---------------------------
                                               Name: James E. Lineberger, Jr.
                                               Title: Trustee

                                               /s/ James E. Lineberger
                                               -----------------------
                                               James E. Linebergerex10-1.htm

    Exhibit
      10.1

    

    SECOND
      AMENDMENT TO THE SHARE SUBSCRIPTION CUM PURCHASE AGREEMENT DATED 15TH DAY OF
      SEPTEMBER, 2007

    

    THIS
      Amendment to the Share
      Subscription cum Purchase Agreement dated 15th
      September, 2007 (hereinafter referred to as “Agreement”) is entered on
      this [ ] day of January, 2008 at Mumbai

    

    BY
      AND AMONG

    

    INDIA
      GLOBALIZATION
      CAPITAL, INC. a company
      organized under the laws of the State of Maryland and
      having its office address at 4336
      Montgomery Avenue Bethesda, MD 20814, acting
      directly or indirectly through
      one or more of its newly formed non US Affiliates, alongwith such newly formed
      non-US Affiliates (hereinafter collectively referred to as “Investor”,
      which expression shall, unless it be
      repugnant to the context or meaning thereof, be deemed to mean and include
      its
      successors and assigns) of the FIRST PART;

    

    AND

    

    SRICON
      INFRASTRUCTURE PRIVATE
      LIMITED, a company incorporated under the Indian Companies Act, 1956,
      having its registered office at Sricon House 25, Pragati Layout, Rajeev Nagar,
      Nagpur, India (hereinafter referred to as "Company" which expression
      shall, unless repugnant to the context or meaning thereof, be deemed to mean
      and
      include its successors) of the SECOND PART;

    

    AND

    

    THE
      PERSONS whose names and
      addresses are set out in Schedule 1 hereto (hereinafter
      referred to as "Promoters", which expression
      shall, unless repugnant to the context or meaning thereof, be deemed to mean
      and
      include their heirs, legal representatives, executors, and administrators)
      of
      the THIRDPART.

    

    (The
      Investor, the Promoters and the Company may hereinafter be referred to
      individually as “Party”
      and collectively as “Parties”, as the context may
      require).

    

    WHEREAS

    

    
      	
              A.

            	
              The
                Parties entered into a Share Subscription cum Purchase Agreement
                on the
                15th
                day of September, 2007 (the “SSA”), setting out the terms and conditions
                subject to which the Investor would subscribe to the Subscription
                Shares;
                

            

    

    

    
      	
              B.

            	
              Clause
                3 of the SSA sets out the conditions to be satisfied by the Parties
                prior
                to the Investor subscribing to the Subscription Shares. Some of the
                conditions to be satisfied by the Parties are as under: (i) completion
                of
                a business, financial, accounting, tax, technical, legal and regulatory
                due diligence on the Company by the Investor and resolution of all
                issues
                arising therefrom to the satisfaction of the Investor on or before
                45
                Business Days from the date of this Agreement, (ii) resolution being
                passed at a duly constituted meeting of the board of directors of
                Investor
                and a resolution being passed at duly constituted meeting of the
                shareholders of the Investor, approving the subscription to the
                Subscription Shares and the satisfaction of all other conditions
                for the
                Investor to effect a Business Combination as set forth in the Investor's
                Prospectus dated March 3, 2006 as filed with the US Securities and
                Exchange Commission, (iii) the Promoters obtaining written consents
                from
                all banks, financial institutions, lenders of the Company and all
                other
                third parties as may be required for change in shareholding of the
                Company
                in form and substance satisfactory to the Investor, (iv) each of
                the
                Promoters delivering to the Investor a no-objection certificate in
                the
                form contained in Schedule 4 to the SSA and a no-objection certificate
                from the Company in the form contained in Schedule 4A to the SSA;
                

            

    

    

    
      	
              C.

            	
              The
                Parties subsequently entered into an Amendment Agreement on December
                19,
                2007, (“First Amendment Agreement”) amending the terms of the SSA and
                agreeing to subscribe to a portion of the Subscription Shares;
                

            

    

    

    
      	
              D.

            	
              The
                Company is in need of urgent funds and pending satisfaction of the
                conditions precedent set out in Clause 3 of the SSA, has requested
                the
                Investor to infuse further funds towards subscription to a portion
                of the
                Subscription Shares; 

            

    

    

    
      	
              E.

            	
              The
                Investor has agreed to subscribe to a portion of the Subscription
                Shares
                in the Company subject to the terms and conditions set out in this
                Agreement. 

            

    

     

    
 

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    NOW,
      THEREFORE, IN CONSIDERATION OF THE
      MUTUAL PROMISES COVENANTS AND AGREEMENTS HEREIN CONTAINED, THE PARTIES AGREE
      AS
      FOLLOWS:

    

    
       
        1.           All
        expressions used in this Agreement
        but not defined, and defined
        in the SSAor the First Amendment
        Agreement, shall have the same
        meaning
        ascribed to it in the SSA or
        First Amendment Agreement, as the
        case may be.

    

    

    
      	
              2.  

            	
              SUBSCRIPTION
                TO PORTION OF
                SUBSCRIPTION SHARES

            

    

    

    Subject
      to the terms of this Agreement and relying on the Representations and
      Warranties, covenants and indemnities given by the Promoters and the Company
      under the SSA and the First Amendment Agreement, the Investor agrees to
      subscribe from time to time, and the Company agrees to issue and allot to the
      Investor, Shares in the Company, at the Issue Price, provided that subject
      to
      Clause 3, the funds remitted from time to time, shall be funded as advance
      against Shares of the Company.

     

    
      	
              3.  

            	
              COMPLETION

            

    

    

    Unless
      otherwise directed by the Investor, the Parties shall proceed to complete the
      allotment of such portion of Subscription Shares to the Investor as subscribed
      by the Investor, at the Issue Price, simultaneously upon Completion under the
      Amendment Agreement and in the same manner set out in Clause 5 of the First
      Amendment Agreement.

    

    
      	
              4.  

            	
              VALIDITY
                OF SSA

            

    

    

    
      	
               

            	
              4.1

            	
              Except
                to the extent specifically modified by this Amendment Agreement,
                all the
                terms of the SSA and the First Amendment Agreement shall survive
                and
                continue to remain valid and binding on the Parties. Reference in
                the
                First Amendment Agreement to ‘Portion of Subscription Shares’ shall, where
                appropriate, be deemed to mean reference to the ‘Portion of Subscription
                Shares’ as increased by the portion of Subscription Shares agreed to be
                subscribed under this Agreement from time to time and reference to
                ‘Portion of Subscription Price’ shall, where appropriate, be deemed to
                mean reference to ‘Portion of Subscription Price’ as increased by the
                funds remitted by the Investor towards subscription to Shares at
                the Issue
                Price under this Agreement, from time to time. It is clarified for
                the
                avoidance of doubt that the obligation to fund under this Agreement
                or the
                First Amendment Agreement or the SSA shall not extend to the amounts
                already funded by the Investor. 

            

    

    

    
      	
               

            	
              4.2

            	
              Reference
                in the SSA to subscription to Investor Shares or Subscription Shares
                respectively, wherever they appear, shall be deemed to mean subscription
                to Investor Shares or Subscription Shares as respectively reduced
                by the
                Portion of Subscription Shares (as adjusted in 4.1 herein) and reference
                to payment of Investor Price or Subscription Price, respectively,
                wherever
                they appear in the SSA, shall be deemed to mean payment of Investor
                Price
                or Subscription Price as respectively reduced by the Portion of
                Subscription Price (as adjusted in 4.1 herein).

            

    

    

    
      	
               

            	
              4.3

            	
              This
                Amendment Agreement shall become effective upon the execution and
                delivery
                of this Amendment Agreement by the Investor, the Promoters and the
                Company. 

            

    

    

    
      	
               

            	
              4.4

            	
              Except
                as expressly set forth in this Amendment Agreement, all agreements,
                covenants, undertakings, provisions, stipulations, and promises contained
                in the SSA and the First Amendment Agreement are hereby ratified,
                readopted, approved, and confirmed and shall remain in full force
                and
                effect. 

            

    

    

    
      	
              5.  

            	
              RESOLUTION
                OF DISPUTES

            

    

    

    
      	
               

            	
              (a)

            	
              Amicable
                Settlement: If any dispute arises between Investor and/or the Promoters
                and/or Company during the subsistence of this Agreement or thereafter,
                in
                connection with the validity, interpretation, implementation or alleged
                breach of any provision of this Agreement or regarding a question,
                including the question as to whether the termination of this Agreement
                by
                one Party hereto has been legitimate (“Dispute”), the disputing Parties
                hereto shall endeavour to settle such Dispute amicably. The attempt
                to
                bring about an amicable settlement shall be considered to have failed
                if
                not resolved within 60 days from the date of the Dispute.
                

            

    

     

    
 

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
               

            	
              (b)

            	
              Conciliation:
                If the Parties are unable to amicably settle the Dispute in accordance
                with Clause 5(a) within the period specified therein, the Parties
                shall
                forthwith but not later than 30 days after expiry of the aforesaid
                period,
                refer the Dispute to Mr. Ram Mukunda and Mr. R.L. Srivastava for
                resolution of the said Dispute. The attempt to bring about such resolution
                shall be considered to have failed if not resolved within 30 days
                from the
                date of receipt of a written notification in this regard.
                

            

    

    

    
      	
               

            	
              (c)

            	
              Arbitration:
                If the Parties are unable to amicably settle the Dispute in accordance
                with Clause 5(b) within the period specified therein, any Party to
                the
                Dispute shall be entitled to serve a notice invoking this Clause
                and
                making a reference to an arbitration panel of three arbitrators.
                Each
                party to the dispute shall appoint one arbitrator within 30 days
                of
                receipt of the notice of the Party making the reference, and the
                two
                arbitrators, so appointed shall appoint a third arbitrator. The
                Arbitration proceedings shall be held in accordance with the Arbitration
                and Conciliation Act, 1996. The decision of the arbitration panel
                shall be
                binding on all the Parties to the Dispute.

            

    

    

    
      	
               

            	
              (d)

            	
              The
                place of the arbitration shall be Mumbai, India.
                

            

    

    

    
      	
               

            	
              (e)

            	
              The
                arbitration proceedings shall be governed by the laws of India.
                

            

    

    

    
      	
               

            	
              (f)

            	
              The
                proceedings of arbitration shall be in the English language.
                

            

    

    

    
      	
               

            	
              (g)

            	
              The
                Arbitrator’s award shall be substantiated in writing. The court of
                arbitration shall also decide on the costs of the arbitration proceedings.
                The cost of arbitration shall be borne by the Company.
                

            

    

    

    
      	
               

            	
              (h)

            	
              The
                award shall be binding on the Parties subject to the Applicable Laws
                in
                force and the award shall be enforceable in any competent court of
                law.
                

            

    

    

    
      	
               

            	
              (i)

            	
              The
                Mumbai court (including any appellant court) in India shall have
                exclusive
                jurisdiction. 

            

    

     

    
      	
              6.  

            	
              MISCELLANEOUS

            

    

    

    
      	
               

            	
              (a)

            	
              No
                Implied Waiver 

            

    

    

    Subject
      to the terms of this Agreement, the execution, delivery and performance of
      this
      Agreement shall not, except as expressly provided herein, constitute a waiver
      or
      modification of any provision of, or operate as a waiver of any right, power
      or
      remedy of the Parties under the SSA or First Amendment Agreement or prejudice
      any right or remedy that either Party may have or may have in the future under
      or in connection with the SSA or First Amendment Agreement or any instrument
      or
      agreement referred to therein. The Parties hereto acknowledge and agree that
      the
      Representations and Warranties of the Parties contained in the SSA and in the
      First Amendment Agreement, the clauses on, including but not limited to
      indemnity and confidentiality shall survive the execution and delivery of this
      Agreement and the effectiveness hereof.

    

    
      	
               

            	
              (b)

            	
              Governing
                law 

            

    

    

    This
      Agreement shall be governed and construed in accordance with the laws of
      India.

    
      	
               

            	
              
              

            

    

    
      	
               

            	
              (c)

            	
              Costs
                

            

    

    

    Each
      Party shall bear its own expenses incurred in preparing this
      Agreement.  The Company shall pay the stamp duty and other costs in
      respect of this Agreement and the issue and allotment of the Portion of
      Subscription Shares to the Investor.

    

    
      	
               

            	
              (d)

            	
              Execution
                in Counterparts 

            

    

    

    This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed an original and all of which, taken together, shall constitute one and
      the same instrument.

    

    
      	
               

            	
              (e)

            	
              Assignment
                

            

    

    

    This
      Agreement and the rights and liabilities hereunder shall bind and inure to
      the
      benefit of the respective successors of the Parties hereto, but no Party shall
      assign or transfer any of its rights and liabilities hereunder to any other
      Person without the prior written consent of the other Parties, which will not
      be
      unreasonably withheld. Notwithstanding anything stated above, the Investor
      shall
      be entitled to assign its rights and obligations hereunder, including its rights
      over the pledge of Promoter Shares, to any of its Affiliates or its holding
      company or ultimate parent company or their Affiliates, without the consent
      of
      the other Parties.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    IN
      WITNESS WHEREOF THE PARTIES TO THIS AGREEMENT HAVE SET AND SCRIBED THEIR HANDS
      AT MUMBAI, ON THE DAY MONTH AND YEAR FIRST NOTED ABOVE, IN PRESENCE OF:

    

    

    
      	
              SIGNED
                AND DELIVERED

            	
              )

            
	
              BY
                THE WITHINNAMED "INVESTOR
                "

            	
              )

            
	
              INDIA
                GLOBALIZATION CAPITAL,
                INC.

            	
              )

            
	 	
              )

            
	 	 
	
              ON
                THE  [●] DAY OF [ ]
                2008

            	
              )

            

    

    

    
      	
              IN
                THE PRESENCE OF:

            	
              )

            
	
              WITNESS:

            	
              )

            
	 	 
	
              NAME
                AND ADDRESS:

            	
              )

            
	 	 
	 	 
	 	 

    

    

    
      	
              SIGNED
                AND DELIVERED

            	
              )

            
	
              BY
                THE WITHINNAMED "COMPANY"

            	
              )

            
	
              BY
                THE HAND OF Mr.

            	
              )

            
	
              (AUTHORISED
                SIGNATORY) PURSUANT TO
                THE

            	
              )

            
	
              RESOLUTION
                PASSED BY THE
                BOARD

            	
              )

            
	
              ON
                THE  [●] DAY OF [ ]
                2008

            	
              )

            
	 	 
	
              IN
                THE PRESENCE OF:

            	
              )

            
	
              WITNESS:

            	
              )

            
	 	 
	
              NAME
                AND ADDRESS:

            	
              )

            
	 	 
	 	 
	 	 

    

    

    
      	
              SIGNED
                AND DELIVERED

            	
              )

            
	
              BY
                THE WITHINNAMED "Promoters"

            	
              )

            
	 	
              )

            
	 	
              )

            
	 	 
	 	 
	
              ON
                THE [●] DAY OF [ ] 2008

            	
              )

            
	 	 
	
              IN
                THE PRESENCE OF:

            	
              )

            
	
              WITNESS:

            	
              )

            
	 	 
	
              NAME
                AND ADDRESS:

            	
              )

            

    

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    SCHEDULE
      1

     

    NAME
      AND DETAILS OF
      PROMOTERS

     

    

    
      
        	
                Name
                  of
                  Shareholder

              	 	
                Number
                  of
                  Shares

              	 	 	
                %
                  shareholding on a Fully Diluted
                  Basis

              
	
                Ravindra
                  Lal Srivastava

              	 	 	1579711	 	 	 	53.88
	
                Indravati
                  Devi Srivastava

              	 	 	1152640	 	 	 	39.31
	
                Sankata
                  Prasad Srivastava

              	 	 	96640	 	 	 	3.30
	
                Bihari
                  Lal Srivastava

              	 	 	16000	 	 	 	0.55
	
                Ramdulare
                  Lal Srivastava

              	 	 	55168	 	 	 	1.88
	
                Ramdulari
                  Devi Srivastava

              	 	 	32000	 	 	 	1.09
	
                Total

              	 	 	2932159	 	 	 	100

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00135-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00135-of-00352.parquet"}]]