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rentagreeementstarkot.htm - Generated by SEC Publisher for SEC Filing

  

RENTAL AGREEMENT

 

 

This Rental Agreement shall evidence the complete terms and conditions under which the parties whose signatures appear below have agreed. Lessor, Shinu Vareghesee, shall be referred to as "LESSOR" and Lessee, Starkot Corp., shall be referred to as "LESSEE." As consideration for this agreement, LESSOR agrees to lease to LESSEE and LESSEE agrees to rent from LESSOR for use solely as an office, the premises located at st.10th Ln, Old Pichikala Gunta, Arundelpet, Guntur, Andhra Pradesh 522002, India.

 

1.       TERMS: LESSEE agrees to pay in $170 per month on the end of each month. This Agreement is made

for one year, if other is not agreed between LESSOR and LESSEE. First payment of $680 will cover period from February 1, 2017 and till May 31, 2017. 

 

2.      PAYMENTS: Rent and/or other charges are to be paid at method designated by the LESSOR as follows: 

wire transfer. All payments are to be made by wire transfer. LESSOR acknowledges receipt of the period for a total payment of $680.

 

3.      UTILITIES: LESSEE agrees to pay all utilities and/or services based upon occupancy of the premises. 

 

4.      PETS: No animal, fowl, fish, reptile, and/or pet of any kind shall be kept on or about the premises, for

any amount of time, without obtaining the prior written consent and meeting the requirements of the LESSOR. Such consent if granted, shall be revocable at LESSOR'S option upon giving a 30-day written notice. 

 

5.      DESTRUCTION OF PREMISES: If the premises become totally or partially destroyed during the term

of this Agreement so that LESSEE'S use is seriously impaired, LESSOR or LESSEE may terminate this Agreement immediately upon three-day written notice to the other. 

 

6.      CONDITION OF PREMISES: LESSEE acknowledges that he has examined the premises and that

said premises, all fixtures, plumbing, heating provided by LESSOR are all clean, and in good satisfactory condition except as may be indicated elsewhere in this Agreement. LESSEE agrees to keep the premises and all items in good order and good condition and to immediately pay for costs to repair and/or replace any portion of the above damaged by LESSEE. At the termination of this Agreement, all of above items in this provision shall be returned to LESSOR in clean and good condition except for reasonable wear and tear and the premises shall be free of all personal property and trash not belonging to LESSOR. It is agreed that all dirt, holes, tears, burns, and stains of any size or any other part of the premises, do not constitute reasonable wear and tear.

 

7.      CHANGE OF TERMS: The terms and conditions of this agreement are subject to future change by

LESSOR after the expiration of the agreed lease period upon 30-day written notice setting forth such change and delivered to LESSEE. Any changes are subject to laws in existence at the time of the Notice of Change Of Terms.

 

8.      TERMINATION: After expiration of the leasing period, this agreement is automatically renewed from

month to month, but may be terminated by either party giving to the other a 30-day written notice of intention to terminate. The premises shall be considered vacated only after all areas including storage areas are clear of all LESSEE'S belongings, and keys and other property furnished for LESSEE'S use are returned to LESSOR. Should the LESSEE hold over beyond the termination date or fail to vacate all possessions on or before the termination date, LESSEE shall be liable for additional rent and damages which may include damages due to LESSOR'S loss of prospective new renters.

 

9.      POSSESSION: If LESSOR is unable to deliver possession of the residence to LESSEES on the agreed

Page 1 of 2

 

 

  

date, because of the loss or destruction of the residence or because of the failure of the prior LESSEEs to vacate or for any other reason, the LESSEE and/or LESSOR may immediately cancel and terminate this agreement upon written notice to the other party at their last known address, whereupon neither party shall have liability to the other, and any sums paid under this Agreement shall be refunded in full. If neither party cancels, this Agreement shall be prorated and begin on the date of actual possession. 

 

10.   RIGHT OF ENTRY AND INSPECTION: LESSOR may enter, inspect, and/or repair the premises at

any time in case of emergency or suspected abandonment. LESSOR shall give 24 hours advance notice and may enter for the purpose of showing the premises during normal business hours to prospective renters, buyers, lenders, for smoke alarm inspections, and/or for normal inspections and repairs. LESSOR is permitted to make all alterations, repairs and maintenance that in LESSOR'S judgment is necessary to perform. 

 

11.   ASSIGNMENT: LESSEE agrees not to transfer, assign or sublet the premises or any part thereof. 

 

12.   PARTIAL INVALIDITY: Nothing contained in this Agreement shall be construed as waiving any of the

LESSOR'S or LESSEE'S rights under the law. If any part of this Agreement shall be in conflict with the law, that part shall be void to the extent that it is in conflict, but shall not invalidate this Agreement nor shall it affect the validity or enforceability of any other provision of this Agreement. 

 

13.   NO WAIVER: LESSOR'S acceptance of rent with knowledge of any default by LESSEE or waiver by 

LESSOR of any breach of any term of this Agreement shall not constitute a waiver of subsequent breaches. Failure to require compliance or to exercise any right shall not be constituted as a waiver by LESSOR of said term, condition, and/or right, and shall not affect the validity or enforceability of any provision of this Agreement. 

 

14.   JOINTLY AND SEVERALLY: The undersigned LESSEE is jointly and severally responsible and

liable for all obligations under this agreement. 

 

15.   ENTIRE AGREEMENT: This Agreement constitutes the entire Agreement between LESSOR and

LESSEE. No oral agreements have been entered into, and all modifications or notices shall be in writing to be valid. 

 

16.   RECEIPT OF AGREEMENT: The undersigned LESSEES have read and understand this

Agreement. 

 

 

Dated: February 1, 2017

 

 

LESSO'S Signature /s/ Shinu Vareghesee 

Shinu Vareghesee

 

 

 

 

LESSEE'S Signature /s/ Ravi Kiran Inturi

Starkot Corp.

Ravi Kiran Inturi 

Page 2 of 2starkotsalesgoodscontract.htm - Generated by SEC Publisher for SEC Filing

SALES CONTRACT

Nr. 00217-01

Dd 26/02/2017

 

PARTIES

 

SELLER: STARKOT CORP. with its principal
office located at. 2-57 A, Hanuman, Irukupakem, Muppalla
Mandal, Guntur, Andhra Pradesh, India, 522403.

 

BUYER: SHIVAM HERITAGE with
its principal office located at D-346, Sector 10, Noida, India, 201301.

 

1.  
Term.

This Agreement shall begin on
February 26, 2017, and the end upon last order, unless the parties agree
otherwise. Seller should receive from Buyer at least on amount of $5,000 in
accordance to this Agreement for the period of one year from the date of
signing this Agreement by the Parties.

 

2.  
Delivery/Acceptance.

Buyer agreed to accept the
Goods (pillows with national Indian embroidery, different designs of the
pillows, from tiny to small and large, from sleeping to traveling pillows) in
Seller’s office. Buyer will give Seller 10 days’ advance notice regarding the
quantity requested by Buyer. Upon receipt of the request for acceptance Goods,
Seller will arrange the Goods and prepare them for acceptance by Buyer in
Seller’s office. 

 

3.  
Risk
of Loss. 

The risk of loss from any
casualty to the Goods, regardless of the cause, will be the responsibility of
the Buyer once the Buyer has accepted the goods. 

 

4.  
Acceptance.

Buyer will have the right to
inspect the Goods, Buyer must give writing notice to Seller of any claim for
damages on account of condition, quality, or grade of the goods, and Buyer must
specify the basis of the claim in detail. Failure of Buyer to comply with these
conditions will constitute irrevocable acceptance of the goods by Buyer. 

 

5.  
Charges.

Buyer is allowed to pay half
of charges in advance and another half on the date of Goods receipt, unless the
parties agree otherwise. 

 

6.  
Warranty.

Seller warrants that the goods
sold hereunder are new and free from substantive defects. Seller's liability
under the foregoing warranty is limited to replacement of goods or refund of
the purchase price at Seller's sole option. Seller makes no other warranty,
express or implied. 

 

9.
Force Majeure. 

Seller
may, without liability, delay performance or cancel this Agreement on account
of force majeure events or other circumstances beyond its control, including,
but not limited to, strikes, acts of God, political unrest, terrorism, embargo,
failure of source of supply, or casualty. 

 

10.
Miscellaneous. 

This
Agreement contains the entire agreement between the Parties and supersedes and
replaces all such prior agreements with respect to matters expressly set forth
herein. No modification shall be made to this Agreement except in writing and
signed by both parties. This Agreement shall be binding upon the parties and
their respective heirs, executors, administrators, successors, assigns and
personal representatives. 

 

 

IN WITNESS WHEREOF, the parties have executed
this Agreement as of the day and year first above written.

 

 

	
  SIGNATURE AND NAME OF SELLER, 

   

   

  /s/ Ravi Kiran Inturi 

  STARKOT CORP.

  	
  SIGNATURE AND NAME OF BUYER, 

   

   

  /s/ Kothajit Singh

  SHIVAM HERITAGEpurchaseagreementstarkotcorp.htm - Generated by SEC Publisher for SEC Filing

  

PURCHASE AGREEMENT

 

This purchase agreement (the "Agreement") dated on November 10, 2016

 

 

BETWEEN:

 

(the “Seller”) of the first part: 

Henan Gelgoog Co., Ltd. (RM202, No.298. Chishigang Village, Longdong, Longgang, Shenzhen, Guangdong, China (Mainland) )

AND

 

(the “Buyer”) of the second part: 

 

Starkot Corp.  (2-57 A, HANUMAN, IRUKUPAKEM, MUPALLA MANDAL, GUNTUR, INDIA 522403)

 

IN CONSIDERATION OF THE COVENANTS and agreements contained in this Purchase Agreement the parties to this Agreement agree as follows:

 

Purchase of Goods

 

The Buyer will purchase from the Seller the following goods (the “Goods”): FUWEI Single head computer embroidery machine, 2600A Multi-Function Sewing Machine, GELGOOG Pillow Fiber Filling Machine, beanbag filler, polyester filler, fabrics.

Purchase Price

 

1.             The Seller will sell, transfer and deliver the Goods to the Buyer. The Buyer will pay to the Seller the sum in USD currency, which will be specified in the invoice to each order of the Goods by the Buyer, paid by wire transfer as required in clause 3 of this Agreement.

 

2.            The Buyer has the right to pay owned amount to the Seller in parts.

 

3.            The Buyer will make payment by wire transfer for the Goods at the time when the Goods are received by the Buyer or, in the alternative, when any document of title or registrable Bill of Sale of the Goods, bearing any necessary endorsement, is tendered to the Buyer.

 

Delivery of Goods

 

The Goods will be deemed received by the Buyer when delivered to the Buyer at 10TH LN, OLD PICHIKALA GUNTA, ARUNDELPET, GUNTUR, ANDHRA PRADESH, INDIA 522002. The method of shipment will be door-to-door shipment, from the warehouse of the Seller to the place of delivery of the Buyer, specified as DDP (Delivered duty paid) in accordance to Incoterms (International Commercial Terms 2010, CC. Retrieved March 14, 2014). The Seller will be responsible for all shipping services until the goods will be deemed received by the Buyer.

Risk of Loss

 

4.            Risk of loss will be on the Seller until the goods will be deemed received by the Buyer. 

 

Warranties

 

5.            The Seller assumes and can authorize other person to assume on the behalf of the Seller liability in connection with the sale of the Goods. 

 

6.            The Buyer has been given the opportunity to inspect the Goods or to have it inspected. Further, the Seller warranties acceptable conditions of the Goods.

Title

 

7.            Title to the Goods will remain with the Seller until delivery and actual receipt of the Goods by the Buyer or, in the alternative, the Seller delivers a document of title or registrable Bill of Sale of the Goods, bearing any necessary endorsement, to the Buyer.

Security Interest

 

8.            The Seller retains a security interest in the Goods until paid in full.

 

	

   - 1 -

Purchase Agreement Starkot Corp.

 

  

Inspection

 

9.            The Buyer will make inspection at the time and place of delivery.

 

Claims

 

10.           The Buyer's failure to give notice of any claim within 10 days from the date of delivery will constitute an unqualified acceptance of the Goods and a waiver by the Buyer of all claims with respect to the Goods.

 

Excuse of Delay or Failure to Perform

 

11.            The Seller will be liable in any way for any delay, non-delivery or default in shipment due to labor disputes, transportation shortage, delays in receipt of material, priorities, fires, accidents and other causes beyond the control of the Seller or its suppliers. If the Seller, in its sole judgment, will be prevented directly or indirectly, on account of any cause beyond its control, from delivering the Goods at the time specified or within one month after the date of this Agreement, then the Seller will have the right to terminate this Agreement by notice in writing to the Buyer, which notice will be accompanied by full refund of all sums paid by the Buyer pursuant to this Agreement.

 

Cancellation

 

12.           The Seller reserves the right to cancel this Agreement:

 

          I.            If the Buyer fails to pay for any shipment when due;

 

         II.            In the event of the Buyer's insolvency or bankruptcy; or

 

        III.            If the Seller deems that its prospect of payment is impaired.

 

Notices

 

13.           Any notice to be given or document to be delivered to either the Seller or Buyer pursuant to this Agreement will be sufficient if delivered personally or sent by prepaid registered mail to the address specified below. 

 

SELLER:

 

RM202, No.298. Chishigang Village, Longdong, Longgang, Shenzhen, Guangdong, China (Mainland)

BUYER:

 

2-57 A, HANUMAN, IRUKUPAKEM, MUPALLA MANDAL, GUNTUR, INDIA 522403

 

 

General Provisions

 

14.           Headings are inserted for the convenience only and arc not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and include the feminine and vice versa.

 

15.           All representations and warranties of the Seller contained in this Agreement will survive the closing of this Agreement.

 

16.           The Buyer may not assign its right or delegate its performance under this Agreement without the prior written consent of the Seller, and any attempted assignment or delegation without such consent will be void. An assignment would change the duty imposed by this Agreement, would increase the burden or risk involved and would impair the chance of obtaining performance or payment.

 

17.           This Agreement cannot be modified in any way except in writing signed by all the parties to this Agreement.

 

18.           This Agreement will be governed by and construed in accordance with the laws of the State of Nevada, USA. 

 

19.           If any clause of this Agreement is held unconscionable by any court of competent jurisdiction, arbitration panel or other official finder of fact, the clause will be deleted from this Agreement and the balance of this Agreement will remain in full force and effect.

 

20.          This Agreement will inure to the benefit of and be binding upon the Seller and the Buyer and their respective successors and assigns.

	

   - 2 -

Purchase Agreement Starkot Corp.

 

 

21.          
This
Agreement may be executed in counterparts. Facsimile signatures are binding and
are considered to be original signatures.

 

22.         
Time
is of the essence in this Agreement.

 

23.         
This
Agreement constitutes the entire agreement between the parties and there are no
further items or provisions, either oral or otherwise. 

 

 

IN WITNESS WHEREOF the parties have
executed this Purchase Agreement on November 10, 2016

 

 

	
  The “Seller”

  	
  The “Buyer”

  
	
  /s/ Cai Feng

  	
  /s/ Ravi Kiran Inturi

  
	
  Henan Gelgoog Co., Ltd.

  	
  Starkot Corp.

  
	
  RM202, No.298. Chishigang Village, Longdong, Longgang, Shenzhen,
  Guangdong, China (Mainland)

  	
  2-57 A, Hanuman,
  Irukupakem, Muppalla Mandal, Guntur, Andhra Pradesh 522403 India

  

 

 

 

 

	
  - 3 -

  

Purchase Agreement Starkot Corp.

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