Letter of Termination

We refer to your engagement as “Mahindra Saarthi Distributor” for the products of Mahindra Summit Agriscience Limited (“MSAL”) in your region.

On behalf of Mahindra Summit, we thank you for your wholehearted support on the Saarthi project. We are planning to scale up this project across India in near future, but for that, we need to have a very strong backend support. This will take some time. Due to this reason, we plan to withdraw Saarthi project from your area for the time being. We encourage you to provide good service to Saarthi farmers from your end. Our local Territory managers will be happy to assist in guiding the farmers.

As per the provisions regarding termination, as laid down in the “Terms & Conditions for engagement of Saarthis”, MSAL hereby tenders a notice of 30 (thirty) days for discontinuation. Accordingly, this association shall stand terminated/discontinued on 17th March, 2023. You are requested to kindly take note of the same. You shall continue to maintain confidentiality with respect to the Saarthi project and all the information/data received and/or collected from us during our association.

Pursuant to this discontinuation, you shall not, either directly and/or indirectly, raise any claims against MSAL and/or any of its affiliates, officers, directors, representatives for any reason whatsoever.

We once again thank you for your wholehearted support.

Mahindra Summit Agriscience Limited                 

THIS IS A COMPUTER-GENERATED DOCUMENT AND IT DOES NOT REQUIRE A SIGNATURE. THIS DOCUMENT SHALL NOT BE INVALIDATED SOLELY ON THE GROUND THAT IT IS NOT SIGNED.