Document:

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                                                                    EXHIBIT 10.6

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                          TRADEMARK LICENCE AGREEMENT
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                                 BY AND AMONG:

                            (1)WIPRO LIMITED

                            (2)WIPRO EPERIPHERALS LIMITED

                            (3) WIPRO TRADEMARKS HOLDING LIMITED

                            (4)   PROMOTERS

                             Dated August 30, 2000
<PAGE>

                          TRADE MARK LICENSE AGREEMENT

THIS AGREEMENT is made as of the 30th day of August 2000 by and between:

WIPRO LIMITED, a company deemed to be registered under the Companies Act, 1956,
having its registered office at Doddakannelli, Sarjapur Road, Bangalore - 560
035 (hereinafter referred to as "Wipro" which expression shall unless it be
repugnant to the context be deemed to include its successors in title and
permitted assigns) of the First Part; and

WIPRO ePERIPHERALS LIMITED, a company registered under the Companies Act, 1956,
having its registered office at 40/1A Basappa Complex, Lavelle Road, Bangalore
(hereinafter referred to as "the Company" which expression shall unless it be
repugnant to the context be deemed to include its successors in title and
permitted assigns) of the Second Part.

WIPRO TRADEMARKS HOLDING LIMITED, a company deemed to be registered under the
Companies Act, 1956, having its registered office at Doddakannelli, Sarjapur
Road, Bangalore - 560 035 (hereinafter referred to as "WTMHL" which expression
shall unless it be repugnant to the context be deemed to include its successors
in title and permitted assigns) of the third Part; and

THE PARTIES listed in Exhibit A to this Agreement (hereinafter collectively
referred to as "Promoters" which term and expression shall include its
successors and assigns)

WHEREAS

A.    Wipro is a diversified company having a presence in a number of
      businesses. Wipro, has, inter alia, been carrying on the business of
      manufacture and marketing of computer peripherals through its Peripherals
      Systems Division (PSD).

B.    Wipro is a licensee of the trade name, brand name and/ or logo as
      described in Schedule 1 to this Agreement (hereinafter referred to as the
      "the Trade Mark") pursuant to a Trade Name License and Use Agreement
      between Wipro TradeMarks Holding Limited and Wipro and consequently enjoys
      various rights therein;

C.    Wipro has decided to restructure PSD as a separate legal entity to allow
      entrepreneurial talent, to get strategic investment, to facilitate the
      growth of the volume driven product business in the new entity and to
      create value for its shareholders.

D.    Consequent to this, Wipro and the Company has entered into a Business Sale
      and Purchase Agreement dated August 30, 2000 in terms of which the PSD of
      the Company has been sold by Wipro to the Company.

E.    In terms of the conditions contained in the Business Sale and Purchase
      Agreement, Wipro agrees to assign certain Intellectual Property Rights as
      per the details set out in Schedule 1 to this Agreement (hereinafter
      referred to as "Intellectual Properties")

F.    Therefore, the Parties hereto are now entering into this Trade Mark
      License Agreement whereby Wipro has agreed to assign certain Intellectual
      Property Rights.

NOW IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS:
<PAGE>

1.     DEFINITIONS AND INTERPRETATIONS

1.1    Definitions

       In this Agreement , the terms listed below shall, unless the context
       requires otherwise have the meanings attached to them. These terms may be
       identified by the capitalisation of the first letter of each principal
       word thereof.:

1.1.1  "Agreement" shall mean this Trade Mark License Agreement.

1.1.2  "New Products" means any products (other than the Products) that the
        Company may launch or introduce or market or manufacture.

1.1.3  "Party" means either of Wipro and / or the Company and "Parties" shall
        refer to both of them collectively.

1.1.4  "Products" means the products set out in Schedule  3   to this
        Agreement.

1.1.5  "Promoters" means all the shareholders of the purchaser (other than
       the Vendor) each of whom individually hold more than 0.5% of the equity
       share capital of the Purchaser.

1.1.6  "Related Agreements" shall refer to Business Sale and Purchase Agreement,
       Participation and Management Agreement, Facilities and Services Agreement
       and Intellectual Property Assignment Agreement

1.1.7  "Trade Mark" shall mean the trade name, brand name and/or logo having the
       name "Wipro" either as suffix or prefix as detailed in Schedule 2 to this
       Agreement.

1.2    Interpretation

Unless otherwise stated or unless the context otherwise requires, in this
Agreement:

(a)    References to any document or agreement including this Agreement shall be
       deemed to include any references to such documents or agreement as
       amended, supplemented or replaced from time to time in accordance with
       its terms and (where applicable) subject to compliance with the
       requirements set forth therein.

(b)    References to a statute, ordinance or other law shall be deemed to
       include regulations and other instruments under it and consolidations,
       amendments, re-enactments or replacements of any of them.

(c)    References herein to Clauses and Schedules are to clauses in and
       schedules to this Agreement unless the context requires otherwise and the
       Schedules to this Agreement shall be deemed to form part of this
       Agreement. The headings are inserted for convenience only and shall not
       affect the construction of this Agreement.

(d)    Unless the context requires otherwise, words importing the singular
       include the plural and vice versa and words importing a gender include
       every gender.

(e)    Unless the context requires otherwise any words or items which are not
       specifically defined in this Agreement shall have the same meaning
       assigned to it in the Business Sale and Purchase Agreement and
       Participation and Management Agreement.
<PAGE>

2.    GRANT OF LICENSE

2.1   Subject to the terms and conditions of this Agreement, Wipro has permitted
      the Company to use the Trade mark "Wipro" as a prefix to its corporate
      name registered with the Registrar of Companies. Within one year of the
      date of this Agreement or six (6) months prior to its IPO, whichever is
      later, the Company shall change it's name to ensure that the word "Wipro"
      is no longer used as part of its corporate name.

2.2   Subject to the terms and conditions of this Agreement, Wipro hereby grants
      to the Company a non-exclusive license to use the Trade Mark as detailed
      in Schedule 2:

      (a)  Solely in relation to its Products;
      (b)  Stationery, packing material, visiting cards and advertising
           materials of the Company solely in relation to such Products.

      Such license shall expire at the end of three years from the date of this
      Agreement.

      However, after the expiry of the said terms of three years, the parties
      may mutually agree for a right to use the Wipro brand on such terms and
      conditions as may be mutually agreed upon.

2.3   The Company shall not be entitled to use the Trade Mark in relation to any
      New Products unless Wipro grants to the Company a license to use the Trade
      Mark in relation to such New Products. For a period of two (2) years from
      the date of this Agreement, Wipro shall not unreasonably refuse to grant a
      license to use the Trade Mark in relation to the New Products. Thereafter
      Wipro shall be free, at its own discretion, to refuse to grant a license
      without providing any reason whatsoever. Any such license granted by Wipro
      under this Clause 2.3 shall expire at the end of the three years from the
      date of this Agreement.

2.4   The license of the Trade Mark by Wipro to the Company shall not be
      licensed along with the goodwill of the business enjoyed by Wipro in India
      in respect of use of the Trade Mark. Consequently, the Company shall not
      have any right to the goodwill that exists or that may exist in relation
      to the Trademark.

2.5   In consideration of giving the Company the rights under Clause 2.1, the
      Company shall pay Wipro an amount of Rs.25.00 Mn ( RupeesTwenty five
      Million) per year for the three years from the date of this Agreement).

2.6   The consideration payable under this clause shall be paid by the Company
      to Wipro if the brand name "Wipro" is used by the Company even once either
      as part of its name or in relation to its product.

2.6  The consideration payable under Clause 2.5 above shall be payable by the
     Company to Wipro in the following manner;

    Quarter ending                 Amount payable           Due date for payment

    September 30, 2000             Rs.20,85,000             October 31, 2000

    Dec 31, 2000 to June 30, 2003  Rs.6,252,000 per quarter Within 30 days from
                                                            end of every quarter

<PAGE>

(11 quarters)             (Rs.68,772,000 for 11 quarters)
September 30, 2003        Rs. 41,43,000                      October 31, 2003

Total                     Rs.75,000,000

      Any delay in payment beyond the above due dates shall be liable to an
      interest @ 18% p.a. from the due date till the date of payment.

2.8   Notwithstanding anything contained in Clause 2.6, in the event of
      termination of this Agreement for any reason whatsoever, all monies
      payable by the Company to Wipro shall become due and payable immediately.

2.9   The trade mark "Wipro, as well as the Wipro brand name shall at all times
      be used by the Company in accordance with the internal policies and
      procedures hereafter referred to as the "Identity Manual" for usage of
      such trade mark, trade name as issued by Wipro from time to time.

3.    PROTECTION OF THE TRADE MARK

3.1   The Parties agree to take all necessary steps and to exert best efforts at
      all times to ensure protection (statutory or otherwise) of the Trade Mark.
      Consistent with this obligation, the Company agrees to execute all papers
      and documents that Wipro may deem necessary or may require to ensure
      protection of it's intellectual property rights in the Trade Mark, both
      during and after the period of license granted under this Agreement.

3.2   Every use of the Trade Mark shall be to the benefit of Wipro.

3.3   The Company shall not, at any time, do or suffer any act to be done which
      may in any way impair the rights of Wipro in the Trade Mark. The Company
      shall use its best efforts to discover and, in so far as it is within its
      power, to prevent any infringement of Wipro's rights in the Trade Mark.

3.4   The Company acknowledges and accepts Wipro's proprietary rights and
      ownership in the Trade Mark and the Company shall not at any time do or
      cause to be done any act or thing, directly and indirectly, contesting or
      in any way impairing any part of the Wipro's rights in relation to the
      Trade Mark or the goodwill symbolised thereby.

3.5   The Company agrees that it will not in any manner represent that it has
      any ownership, interest in or to the Trade Mark or to any registration(s)
      or application(s) for registration thereof, and hereby expressly waives
      any future rights or claims accruing or arising in the Trade Mark in any
      manner or form whatsoever.

3.6   Wipro hereby authorises the Company and the Company in turn undertakes to
      use the Trade Mark solely in accordance with the terms and conditions of
      this Agreement and by ensuring compliance with identity manual for use of
      the Trade Mark (including stipulations with respect to quality standards
      in relation to the Products and restrictions with respect to New Products)
      that Wipro may give the Company from time to time.

3.7   The Company shall permit Wipro or its appointed representative at all
      reasonable times to enter any of the premises of the Company, or the
      premises from which the Business (or any part thereof) is undertaken, to
      inspect the arrangements in relation to the manufacture and marketing of
      the Products (or any New Products).
<PAGE>

3.8   If any aspect of the Business of the Company does not, in the opinion of
      Wipro, conform to the identity manual of Wipro, Wipro shall inform the
      Company in writing and the Company cease to use the Trade Mark at the end
      of 60 days unless the Company has, to the satisfaction of Wipro, made such
      changes to ensure that the policies and procedures laid down by Wipro in
      the identity manual are met.

3.9   Wipro shall have the right to request that the Company change any
      marketing literature, promotional and advertising material, publications,
      stationary and building signage which display the Trade Mark produced by
      or on behalf of the Company, which Wipro believes is or may be misleading
      or which is or may be detrimental to the validity or reputation of the
      Trade Mark or which misuses the Trade Mark, and the Company shall
      immediately comply with such request.

4.    DEVELOPMENT OF THE TRADE NAME

4.1   On account of the Company deriving benefit from the promotion of the Trade
      Mark by Wipro, the Company agrees to pay Wipro an amount of Rs.3.00 Mn
      (Rupees Three Million) per year for three years. The same shall be the
      Company's contribution for the promotion of the Trade Mark

4.2   The amount payable under clause 4.1 shall be paid by the Company to Wipro
      irrespective of the actual quantum of usage by Wipro towards promotion of
      the trade mark.

4.3   The considerable payable under Clause 4.1 above shall be payable by the
      Company to Wipro in the following manner;

Quarter ending                   Amount payable             Due date for payment

September 30, 2000               Rs.252,000                 October 31, 2000

Dec 31, 2000 to June 30, 2003    Rs.825,000 per quarter     Within 30 days end
                                                            of every quarter

(11 quarters)                    Rs.8,250,000 (for 11 quarters)
September 30, 2003               Rs.  498,000               October 31, 2003

Total                            Rs.90,00,000

      Any delay in payment beyond the above due dates shall be liable to an
      interest @ 15% p.a. from the due date till the date of payment.

      Notwithstanding anything contained in Clause 4.3, in the event of
      termination of this Agreement for any reason whatsoever, all monies
      payable by the Company to Wipro shall become due and payable immediately.

5.    INFRINGEMENT

5.1   The Company shall forthwith notify Wipro in writing, of any (actual,
      suspected or apparent) infringement, counterfeiting or passing off, or of
      any circumstances which may adversely affect the rights of Wipro in the
      Trade Mark, of which the Company is cognisant, immediately on such
      information or knowledge being received by the Company. On receipt of such
      information, Wipro shall be free to take all steps (including legal
      action) that may be necessary.

5.2   Wipro shall, at its sole discretion and at its costs, defend any action
      (whether legal or other) with a view to protect the Trade Mark in India
      and to put an end to any such
<PAGE>

      infringement, counterfeiting or passing off action and the Company will
      provide all assistance and co-operation to Wipro in this regard. Any award
      of damages by the Court or other authority shall inure to the benefit of
      Wipro. The Company shall not be entitled to take or institute any such
      action (either by way of informal protest, actions or proceedings) without
      the express written approval of Wipro.

5.3   Notwithstanding Clause 5.2 all cost for ;

      a.  defending the name "Wipro ePeripherals" or any name which has either a
          suffix or prefix of Wipro and usage of the letter "W" along with its
          name shall be solely to the account of the Company.

      b.  Defending all cases which arises out of any wrongful usage of the
          trade mark "Wipro" or trade name "Wipro".

6.    LIMITATION OF LIABILITY

6.1   The Company shall not be liable for any claims, damages, losses, costs and
      expenses or any other financial or other liabilities arising out of or
      relating to the use of the Trade Mark by Wipro or any other group company
      of Wipro, prior to the date of this Agreement.

6.2   Wipro shall not have any liability to the Company for claims by third
      parties or any consequential losses, direct or indirect, suffered by the
      Company with respect to the use of the Trade Mark by the Company on and
      after the date of this Agreement.

7.    TERM AND TERMINATION

7.1   At any time during the existence of a license to use the Trade Mark,
      provisions of this Agreement and the licenses granted under Clause 2 in
      particular may be terminated:

      (a)  Immediately upon the termination or expiration, for any reason
           whatsoever, of any of the Related Agreements for any reason
           whatsoever,

      (b)  Immediately, in case of winding up, liquidation, filing for
           bankruptcy or compounding in respect of the Company.

      (c)  by mutual agreement of the Parties, and the termination in such case
           will be effective at such time as may be agreed in writing between
           Wipro and the Company.

7.2   Either Party shall also have the right to terminate this Agreement by
      giving thirty (30) days' notice in writing to the other Party, in case
      such other Party commits a material breach of the provisions of this
      Agreement fails to remedy such breach to the satisfaction of the Company
      within thirty (30) days after receiving written notice for remedying such
      material breach.

7.3   Any termination of this Agreement, as aforesaid, shall not relieve any
      Party of any obligations and liabilities accrued prior to the date of
      termination.

8.    NO AGENCY

      The Parties agree that the relationship between Wipro and the Company
      under this Agreement is that of principal to principal and no agency shall
      be established as a result of this Agreement.
<PAGE>

9.    WAIVER

      The failure, with or without intent, of any Party to insist upon the
      performance (in strict conformity with the literal requirements) by the
      other Party of any term or stipulation of this Agreement, shall not be
      treated or deemed to constitute a modification of any terms or
      stipulations of this Agreement. Nor shall such failure or election be
      deemed to constitute a waiver of the right of such Party at any time
      whatsoever thereafter to insist upon performance by the other party
      strictly in accordance with any terms or provisions hereof.

      All terms, conditions and obligations under this Agreement shall remain in
      full force and effect at all times during the subsistence of this
      Agreement except where otherwise amended or modified by them by mutual
      written agreement.

10.   ENTIRE AGREEMENT AND MODIFICATIONS

      The Parties confirm and acknowledge that this Agreement shall constitute
      the entire agreement between them and shall supersede and override all
      previous communications, either oral or written, between the Parties with
      respect to the subject matter of this Agreement, and no agreement or
      understanding varying or extending the same shall be binding upon any
      Party unless arising out of the specific provisions of this Agreement.

      No amendment, modification or addition to this Agreement shall be
      effective or binding on either of the Parties unless set forth in writing
      and executed by them through their duly authorised representatives; and
      subject to obtaining requisite approval, if any, following such execution.

11.   NOTICES

      All notices, communications and other correspondence required or permitted
      by this Agreement shall be in writing and shall be sent by (a) facsimile,
      with confirmation copy sent by registered first class airmail, (b) by
      personal delivery with acknowledgement of receipt or (c) by registered,
      first class air mail, return receipt requested and postage prepaid, to the
      following address:

      in the case of the Wipro to:  Corporate Vice President - Legal and Company
                                    Secretary
                                    WIPRO Limited
                                    Doddakannelli, Sarjapur Road
                                    Bangalore - 560 035

                           Fax:     91 (80) 844 0051

      in the case of Company to:    Chief Executive Officer
                                    Wipro ePeripherals Limited
                                    40/1A Basappa Complex
                                    Bangalore

                           Fax      2270378

<PAGE>

      in the case of
      Wipro Trademarks Holding Ltd  Director
                                    Wipro Trademarks Holding Ltd.
                                    Doddakannelli, Sarjapur Road
                                    Bangalore

                           Fax      8440051

      In the case of Promoters      Ram N Agarwal
                                    209/1B, HAL II Stage
                                    16 B Main

                                    Bangalore 560 008

      All such notices, communications and correspondence shall be sent and
      deemed to have been received as follows: (i) if by facsimile, upon receipt
      of the confirmation copy; and (ii) if by personal delivery, courier or
      registered, first class airmail, upon receipt or refusal of delivery. A
      Party may change the address to which notices are to be sent by a notice
      given in accordance with these provisions. All notices will be in English.

12.   SEVERABILITY

      Should any part of this Agreement be declared illegal or unenforceable,
      the Parties will co-operate in all ways open to them to obtain
      substantially the same result or as much thereof as may be possible,
      including taking appropriate steps to amend, modify or alter this
      Agreement.

      If any term or provision of this Agreement shall be hereafter declared by
      a final adjudication of any tribunal or court of competent jurisdiction to
      be illegal, such adjudication shall not alter the validity or
      enforceability of any other term or provision unless the terms and
      provisions declared (by either Party) shall be one expressly defined as a
      condition precedent or as of the essence of this Agreement, or comprising
      an integral part of, or inseparable from the remainder of this Agreement.

13.   GOVERNING LAW AND ARBITRATION

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

13.2  Any dispute, controversy or claim arising out of or in relation to this
      Agreement or the breach, termination or invalidity thereof, if the same
      cannot be settled amicably among the Parties concerned, shall be settled
      by final and binding arbitration in accordance with the Rules of
      Conciliation and Arbitration of the International Chamber of Commerce. The
      arbitration proceedings, shall take place at Bangalore in India and the
      proceedings shall be exclusively in English.

13.3  No Party shall be entitled to commence or maintain any action in a court
      of law upon any matter in dispute until such matter shall have been
      submitted to arbitration and determined as provided above, and then only
      for the enforcement of the arbitral award.
<PAGE>

13.4  Pending the resolution of a dispute by arbitration, the Parties shall,
      except in the event of termination, continue to perform all their
      obligations under this Agreement without prejudice to a final adjustment
      in accordance with the arbitral award.

13.5  Notwithstanding anything contained herein, the Parties shall have a right
      to institute legal proceedings to prevent any continuing breach of the
      provisions of this Agreement to seek an injunctive or any other specific
      relief.

IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by and
through their duly authorised representatives as of the date written herein.

SIGNED by Suresh C Senapaty
Corporate Executive VP-Finance                   )
for and on behalf of WIPRO                       )
in the presence of: Satish Menon                 )
Corporate Vice President-Legal & Company Secretary

SIGNED by Ram N Agarwal                          )
for and on behalf of THE COMPANY                 )
in the presence of: G Srinivasan                 )

SIGNED by  Suresh C Senapaty                     )
for and on behalf of WIPRO TRADEMARKS HOLDING LTD.)
in the presence of:

SIGNED by Ram N Agarwal                          )
for and on behalf of THE PROMOTERS               )
in the presence of: G Srinivasan
<PAGE>

                                                                      Schedule 1
                                                to the Trade Mark User Agreement
                                                   between Wipro and the Company

Wipro Trade Mark Description

Wipro
Wipro Applying Thought
Rainbow Flower
<PAGE>

                                                                      Schedule 2

<TABLE>
<CAPTION>
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S.NO              APLN.NO.                           TRADE MARK                             CLASS
------------------------------------------------------------------------------------------------------------
<S>       <C>                       <C>                                           <C>
1.                          847030  WIPRO EX 100 SK                                                       16
------------------------------------------------------------------------------------------------------------
2.                          847031  WIPRO HQ 2400                                                         16
------------------------------------------------------------------------------------------------------------
3.                          847032  WIPRO LQ 1050+DK                                                       9
------------------------------------------------------------------------------------------------------------
4.                          847033  WIPRO LQ 1050+DK                                                      16
------------------------------------------------------------------------------------------------------------
5.                          847034  WIPRO HQ 1040+                                                         9
------------------------------------------------------------------------------------------------------------
6.                          847035  WIPRO FX 1170                                                         16
------------------------------------------------------------------------------------------------------------
7.                          847036  WIPRO HQ 2400                                                          9
------------------------------------------------------------------------------------------------------------
8.                          847037  WIPRO HQ 200SX                                                        16
------------------------------------------------------------------------------------------------------------
9.                          847038  WIPRO HQ 200SX                                                         9
------------------------------------------------------------------------------------------------------------
10.                         847039  WIPRO HQ 1040+                                                        16
------------------------------------------------------------------------------------------------------------
11.                         847040  WIPRO FX 1170                                                          9
------------------------------------------------------------------------------------------------------------
12.                         847041  WIPRO EX 200DK                                                         9
------------------------------------------------------------------------------------------------------------
13.                         847042  WIPRO WX 1050                                                          9
------------------------------------------------------------------------------------------------------------
14.                         847043  WIPRO LX 800                                                           9
------------------------------------------------------------------------------------------------------------
15.                         847044  WIPRO EX 1050                                                         16
------------------------------------------------------------------------------------------------------------
16.                         847045  WIPRO LX 840                                                           9
------------------------------------------------------------------------------------------------------------
17.                         847046  WIPRO LX 800                                                          16
------------------------------------------------------------------------------------------------------------
18.                         847047  WIPRO EX 200+                                                          9
------------------------------------------------------------------------------------------------------------
19.                         847048  WIPRO LX 840                                                          16
------------------------------------------------------------------------------------------------------------
20.                         847049  WIPRO EX 200SK                                                         9
------------------------------------------------------------------------------------------------------------
21.                         847050  WIPRO EX 200+                                                         16
------------------------------------------------------------------------------------------------------------
22.                         847051  WIPRO EX 200SK                                                        16
------------------------------------------------------------------------------------------------------------
23.                         847052  WIPRO EX 1050                                                          9
------------------------------------------------------------------------------------------------------------
24.                         847053  WIPRO EX 100SK                                                         9
------------------------------------------------------------------------------------------------------------
25.                         847054  WIPRO WX 1050                                                         16
------------------------------------------------------------------------------------------------------------
26.                         847055  WIPRO  EX 200DK                                                       16
------------------------------------------------------------------------------------------------------------
27.                         851969  WIPRO LX 240                                                          16
------------------------------------------------------------------------------------------------------------
28.                         851970  WIPRO LX 240                                                           9
------------------------------------------------------------------------------------------------------------
29.                         635091  WIPRO EX 1050                                                         16
------------------------------------------------------------------------------------------------------------
30.                         635092  WIPRO  EX 1050                                                         9
------------------------------------------------------------------------------------------------------------
31.                         635094  WIPRO EX 1050                                                         16
------------------------------------------------------------------------------------------------------------
32.                         580365  WIPRO TRON - 860                                                       9
------------------------------------------------------------------------------------------------------------
33.                         580366  WIPRO TRON - 860                                                      16
------------------------------------------------------------------------------------------------------------
</TABLE><PAGE>

                                                                    Exhibit 10.7

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                   INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT
--------------------------------------------------------------------------------

                            BY AND AMONG:

                (1)   WIPRO LIMITED

                (2)  WIPRO EPERIPHERALS LIMITED

                (3)   WIPRO TRADEMARKS HOLDING LIMITED

                (4) PROMOTERS

                    Dated August 30, 2000
<PAGE>

CONTENTS                                                Page

Clause Heading

1  Definitions and Interpretation

2  Assignment of Intellectual Properties

3  No agency

4  Waiver

5  Entire agreement and modifications

6  Notices

7  Severability

8  Governing law and arbitration
<PAGE>

                  INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT

THIS AGREEMENT is made as of the 30th day of August 2000 by and between:

WIPRO LIMITED, a company deemed to be registered under the Companies Act, 1956,
having its registered office at Doddakannelli, Sarjapur Road, Bangalore - 560
035 (hereinafter referred to as "Wipro" which expression shall unless it be
repugnant to the context be deemed to include its successors in title and
permitted assigns) of the First Part; and

WIPRO ePERIPHERALS LIMITED, a company registered under the Companies Act, 1956,
having its registered office at 40/1A, Basappa Complex, Lavelle Road, Bangalroe
(hereinafter referred to as "the Company" which expression shall unless it be
repugnant to the context be deemed to include its successors in title and
permitted assigns) of the Second Part.

WIPRO TRADEMARKS HOLDING LIMITED, a company registered under the Companies Act,
1956, having its registered office at Doddakannelli, Sarjapur Road, Bangalore
(hereinafter referred to as "the Assignor" which expression shall unless it be
repugnant to the context be deemed to include its successors in title and
permitted assigns) of the Second Part.

THE PARTIES listed in Exhibit A to this Agreement (hereinafter collectively
referred to as "Promoters" which term and expression shall include its
successors and assigns)

WHEREAS

A.  Wipro is a diversified company having a presence in a number of businesses.
    Wipro, has, inter alia, been carrying on the business of manufacture and
    marketing of computer peripherals through its Peripherals Systems Division
    (PSD).

B.  Wipro has decided to restructure PSD as a separate legal entity to allow
    entrepreneurial talent, to get strategic investment, to facilitate the
    growth of the volume driven product business in the new entity and to create
    value for its shareholders.

C.  Consequent to this, Wipro and the Company has entered into a Business Sale
    and Purchase Agreement dated August 30, 2000 in terms of which the PSD of
    the Company has been sold by Wipro to the Company.

D.  In terms of the conditions contained in the Business Sale and Purchase
    Agreement, Wipro agrees to assign certain Intellectual Property Rights as
    per the details set out in Schedule 1 to this Agreement (hereinafter
    referred to as "Intellectual Properties")

E.  Therefore, the Parties hereto are now entering into this Intellectual
    Property Assignment Agreement whereby Wipro has agreed to assign certain
    Intellectual Property Rights.

NOW IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES AS FOLLOWS:

1.   Definitions and Interpretations

1.1  Definitions

     In this Agreement , the terms listed below shall, unless the context
     requires otherwise have the meanings attached to them. These terms may be
     identified by the capitalisation of the first letter of each principal word
     thereof.:
<PAGE>

1.1.1     "Agreement" shall mean this Intellectual Property Assignment
          Agreement.

1.1.2     Party" means either of Wipro and / or the Company and "Parties" shall
          refer to both of them collectively.

1.1.3     "Promoters" means all the shareholders of the purchaser (other than
          the Vendor) each of whom individually hold more than 0.5% of the
          equity share capital of the Purchaser.

1.1.7      "Related Agreements" shall refer to Business Sale and Purchase
           Agreement, Participation and Management Agreement, Trade Mark Licence
           Agreement and Facilities and Services Agreement .

1.1.8     "Intellectual Property " shall mean;

          a.   the trade name, brand name and/or designs, logo having the name
               "Wipro" as described in Part A of Schedule 1 to this Agreement
               belonging to or owned by Wipro.

          b.   all business process developed by Wipro as well as work done by
               PSD and the technical know how either owned by Wipro or licensed,
               to the extent Wipro has an unconditional right to use or assig
               the same as decribed in Part B of Schedule 1.

1.02  Interpretation
      --------------

In this Agreement and the Exhibits    and Schedules     hereto, except to the
extent that the context otherwise requires:

(a)  References to any document or agreement including this Agreement shall be
     deemed to include any references to such documents or agreements as
     amended, supplemented or replaced from time to time in accordance with its
     terms and (where applicable) subject to compliance with the requirements
     set forth therein.

(b)  References to a statute, ordinance or other law shall be deemed to include
     regulations and other instruments under it and consolidations, amendments,
     re-enactments or replacements of any of them.

(c)  References herein to Clauses Exhibits and Schedules are to clauses in and
     schedules to this Agreement unless the context requires otherwise and the
     Schedules to this Agreement shall be deemed to form part of this Agreement.
     The headings are inserted for convenience only and shall not affect the
     construction of this Agreement.

(d)  Unless the context requires otherwise, words importing the singular include
     the plural and vice versa and words importing a gender include every
     gender.

(e)  Unless the context requires otherwise any words or items which are not
     specifically defined in this Agreement shall have the same meaning assigned
     to it in the Business Sale and Purchase Agreement and Participation and
     Management Agreement.

2    ASSIGNMENT OF INTELLECTUAL PROPERTIES

2.1  In consideration of the execution of the Business Sale and Purchase
     Agreement, and the payment of the consideration stipulated in the Business
     Sale and Purchase Agreement which the Company has paid to Wipro which
     payment Wipro admits and acknowledges has been made by the Company, Wipro
     doth hereby as on the date of completion unconditionally,
<PAGE>

     absolutely and irrevocably transfer and assign unto the Company on an "as
     is where is basis" all that the property, right, title, interest, estate
     and benefit of Wipro into, over or upon the said Intellectual Properties as
     set out in Part A of Schedule 1 to this Agreement together with goodwill of
     the business in the goods in respect of which the said Intellectual
     Properties are registered, applied for and has been used, TO HAVE AND TO
     HOLD the said Intellectual Properties unto the Company absolutely forever
     from the date hereof.

2.2  Wipro hereby declares and confirms that on and from the date hereof it has
     no right, title, interest or benefit whatsoever, into, over or upon the
     said Intellectual Properties hereby assigned by Wipro to the Company.

2.3  Wipro further declares and confirms that they shall not at any time
     hereafter claim or purport to claim directly or indirectly in any manner
     whatsoever any right, title, interest into, over or upon the said
     Intellectual Properties and Wipro hereby declares and confirms that on and
     from the date hereof the Company shall be the sole and absolute registered
     proprietor of the said trade marks together with all the goodwill of the
     business in the goods in respect of the said Intellectual Properties has
     been registered and used.

2.4  The parties hereby undertake to do and perform, sign, swear and execute all
     such further and other acts, deeds, documents, matters or things as may be
     required by the Company or considered necessary, desirable or proper to
     give effect to the transfer and assignment of the said Intellectual
     Property rights.

2.5  All Intellectual Property as set out in Part B of Schedule 1 shall remain
     in the ownership of Wipro. However, Wipro shall grant the Company such
     rights to use such Intellectual Property from time to time on a non
     exclusive basis without any charge.

3.   No Agency

     The Parties agree that the relationship between Wipro and the Company under
     this Agreement is that of principal to principal and no agency shall be
     established as a result of this Agreement.

4.   Waiver

     The failure, with or without intent, of any Party to insist upon the
     performance (in strict conformity with the literal requirements) by the
     other Party of any term or stipulation of this Agreement, shall not be
     treated or deemed to constitute a modification of any terms or stipulations
     of this Agreement. Nor shall such failure or election be deemed to
     constitute a waiver of the right of such Party at any time whatsoever
     thereafter to insist upon performance by the other party strictly in
     accordance with any terms or provisions hereof.

     All terms, conditions and obligations under this Agreement shall remain in
     full force and effect at all times during the subsistence of this Agreement
     except where otherwise amended or modified by them by mutual written
     agreement.

5.   Entire Agreement and Modifications

     The Parties confirm and acknowledge that this Agreement shall constitute
     the entire agreement between them and shall supersede and override all
     previous communications, either oral or written, between the Parties with
     respect to the subject matter of this Agreement,
<PAGE>

     and no agreement or understanding varying or extending the same shall be
     binding upon any Party unless arising out of the specific provisions of
     this Agreement.

     No amendment, modification or addition to this Agreement shall be effective
     or binding on either of the Parties unless set forth in writing and
     executed by them through their duly authorised representatives; and subject
     to obtaining requisite approval, if any, following such execution.

6.   NOTICES

     All notices, communications and other correspondence required or permitted
     by this Agreement shall be in writing and shall be sent by (a) facsimile,
     with confirmation copy sent by registered first class airmail, (b) by
     personal delivery with acknowledgement of receipt or (c) by registered,
     first class air mail, return receipt requested and postage prepaid, to the
     following address:

     in the case of the Wipro to:   Corporate Vice President - Legal and Company
                                    Secretary
                                    WIPRO Limited
                                    Doddakannelli, Sarjapur Road
                                    Bangalore - 560 035

                        Fax:        91 (80) 844 0051

     in the case of Company to:     Chief Executive Officer
                                    Wipro ePeripherals Limited
                                    40/1A Basappa Complex
                                    Bangalore

                        Fax         2270378
     in the case of
     Wipro Trademarks Holding Ltd   Director
                                    Wipro Trademarks Holding Ltd.
                                    Doddakannelli, Sarjapur Road
                                    Bangalore
                        Fax         8440051

     In the case of Promoters       Ram N Agarwal
                                    209/1B, HAL II Stage
                                    16 B Main
                                    Bangalore 560 008

     All such notices, communications and correspondence shall be sent and
     deemed to have been received as follows: (i) if by facsimile, upon receipt
     of the confirmation copy; and (ii) if by personal delivery, courier or
     registered, first class airmail, upon receipt or refusal of delivery. A
     Party may change the address to which notices are to be sent by a notice
     given in accordance with these provisions. All notices will be in English.

7.   SEVERABILITY

     Should any part of this Agreement be declared illegal or unenforceable, the
     Parties will co-operate in all ways open to them to obtain substantially
     the same result or as much thereof as may be possible, including taking
     appropriate steps to amend, modify or alter this Agreement.
<PAGE>

     If any term or provision of this Agreement shall be hereafter declared by a
     final adjudication of any tribunal or court of competent jurisdiction to be
     illegal, such adjudication shall not alter the validity or enforceability
     of any other term or provision unless the terms and provisions declared (by
     either Party) shall be one expressly defined as a condition precedent or as
     of the essence of this Agreement, or comprising an integral part of, or
     inseparable from the remainder of this Agreement.

8.      GOVERNING LAW AND ARBITRATION

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

8.2  Any dispute, controversy or claim arising out of or in relation to this
     Agreement or the breach, termination or invalidity thereof, if the same
     cannot be settled amicably among the Parties concerned, shall be settled by
     final and binding arbitration in accordance with the Rules of Conciliation
     and Arbitration of the International Chamber of Commerce. The arbitration
     proceedings, shall take place at Bangalore in India and the proceedings
     shall be exclusively in English.

8.3  No Party shall be entitled to commence or maintain any action in a court of
     law upon any matter in dispute until such matter shall have been submitted
     to arbitration and determined as provided above, and then only for the
     enforcement of the arbitral award.

8.4  Pending the resolution of a dispute by arbitration, the Parties shall,
     except in the event of termination, continue to perform all their
     obligations under this Agreement without prejudice to a final adjustment in
     accordance with the arbitral award.

8.5  Notwithstanding anything contained herein, the Parties shall have a right
     to institute legal proceedings to prevent any continuing breach of the
     provisions of this Agreement to seek an injunctive or any other specific
     relief.

IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by and
through their duly authorised representatives as of the date written herein.

SIGNED by Suresh C Senapaty
Corporate Executive VP-Finance                    )
for and on behalf of WIPRO                        )
in the presence of: Satish Menon                  )
Corporate Vice President-Legal & Company Secretary

SIGNED by  Ram N Agarwal                          )
for and on behalf of THE COMPANY                  )
in the presence of: G Srinivasan                  )

SIGNED by Satish Menon                            )
for and on behalf of WIPRO TRADEMARKS HOLDING LTD.)
in the presence of:

SIGNED by Ram N Agarwal                           )
for and on behalf of THE PROMOTERS                )
in the presence of: G Srinivasan
<PAGE>

                                                                      Schedule 1

Intellectual Property Description

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