FORM OF BOND FOR EXPENSIVE TRAINING TO PSPCL EMPLOYEES Know all men by these present that I______________________________________ Son

of Sh..______________________________________resident of _________________ _____________________________________________________in _______________ (herein after called. The Principal the District and of (i) Party)

Shri________________________________________Son of Sh._____________________ Resident of________________________________________________________________ and (ii) Sh. ______________________________________Son of Shri____________________________________resident of_________________________ ___________________________________sureties on behalf of the Principal Party do hereby jointly and severely bind ourselves and our respective heirs, executors, administrator and legal representatives to pay to the Punjab State Power Corporation (here in after called, The Corporation which expression shall include its successors etc. of the Principal Party all expenses incurred by the Corporation of the SAP software training. Date this_____________day of_______________Two thousand and______________ Where as the above bounded Principal Party has been deputed on specialized SAP software Training by the Corporation. Now the condition of the above written obligation is that in the event of the above bounded Principal Party Sh._____________________________ failing to continue his duty during and after the period of training or resigning or leaving his job at any time during or within a period of two years after conclusion of the training without any prior permission in writing of the Corporation, the Principal Party and sureties shall forthwith refund to the Corporation as may be directed by the Corporation on demand the entire expenses incurred on the SAP training of the Principal Party. And upon making the such payment by Principal Party Sh._____________________________________ and Sh.___________________________ And Sh.___________________________________________ sureties , the above written obligation shall be void and of no effects, otherwise it shall and remain in force and virtue.

Provided always that the liabilities of the sureties hereunder shall not be impaired or discharged by reasons of time being granted or by any forbearance act or omission of the Corporation or any person authorized by it (Whether with or without the consent or knowledge of the sureties) nor shall it be necessary for the Corporation to sue the said Principal Party before suing the above bounden sureties Sh.__________________________________& Sh._______________________________ Or any of them for amount due hereunder. IN WITNESS WHEREOF THE PRINCIPAL PARTY AND THE SURETIES Hereto have set and subscribed their respective hands hereto on this day________________ Two thousands and________________. Signed and delivered by the above Bounden in the presence of (Signatures of sureties) 1._______________________________ 2.._____________________________ (i) Signed and delivered by the surety above named Sh.____________________________ in the presence of the____________________ (Name of witness and complete address.) (ii) Signed and delivered by the surety above named Sh.____________________________ in the presence of____________________ (Name of witness and complete address.) (WITNESS SIGNATURE) 1._____________________________ 2._____________________________

BOUNDEN PRINCIPAL PARTY

FORM OF BOND FOR EXPENSIVE TRAINING TO PSPCL EMPLOYEES Know all men by these present that I AJAY PAL SINGH ATWAL Son of Sh. JAI SINGH ATWAL resident of 119 SIDHU COLONY, BHADSON ROAD, PATIALA in the District of PATIALA (herein after called. The Principal Party) and (i) Shri Kewal Singh Son of Sh. Dalbara Singh resident of 6-Power Colony II, Shakti Vihar, Patiala and (ii) Sh. H.S.Handa Son of Shri J.S.Handa resident of 64E, Hira Nagar, Patiala sureties on behalf of the Principal Party do hereby jointly and severally bind ourselves and our respective heirs, executors, administrator and legal representatives to pay to the Punjab State Power Corporation (here in after called, The Corporation which expression shall include its successors etc. of the Principal Party all expenses incurred by the Corporation of the SAP software training. Date this 17th day of MAY Two thousand and Thirteen.

Where as the above bounded Principal Party has been deputed on specialized SAP software Training by the Corporation. Now the condition of the above written obligation is that in the event of the above bounded Principal Party Sh. AJAY PAL SINGH ATWAL failing to continue his duty during and after the period of training or resigning or leaving his job at any time during or within a period of two years after conclusion of the training without any prior permission in writing of the Corporation, the Principal Party and sureties shall forthwith refund to the Corporation as may be directed by the Corporation on demand the entire expenses incurred on the SAP training of the Principal Party. And upon making such payment by Principal Party Sh. AJAY PAL SINGH ATWAL and Sh.Kewal Singh and Sh.H.S.Handa sureties, the above written obligation shall be void and of no effects, otherwise it shall and remain in force and virtue.

Provided always that the liabilities of the sureties hereunder shall not be impaired or discharged by reasons of time being granted or by any forbearance act or omission of the Corporation or any person authorized by it (Whether with or without the consent or knowledge of the sureties) nor shall it be necessary for the Corporation to sue the said Principal Party before suing the above bounden sureties Sh. Kewal Singh & Sh. H.S.Handa or any of them for amount due hereunder.

IN WITNESS WHEREOF THE PRINCIPAL PARTY AND THE SURETIES hereto have set and subscribed their respective hands hereto on this day 17th May thousands and Thirteen . Signed and delivered by the above Bounden in the presence of (Signatures of sureties) 1._______________________________ Two

BOUNDEN PRINCIPAL PARTY

2._____________________________ (i) Signed and delivered by the surety above named Sh.Kewal Singh,AEE, PSPCL, ID 106959 in the presence of Sh.Rajdeep Singh, JE, PSPCL, Kamboj House,Street No.4, Anand Nagar-A Extension, Patiala. (Name of witness and complete address.) (ii) Signed and delivered by the surety above named Sh H.S.Handa, AEE, PSPCL ,ID 108228 in the presence of Sh.Ashwani Kumar, AAE, PSPCL, H.No. 114, Street No.1, Gurbax Colony, Patiala (Name of witness and complete address.) (WITNESS SIGNATURE)

1._____________________________

2. _____________________________