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............................... Limited Plot No.

2, Sector 13, Faridabad, Haryana - 121007 Whereas , (Name & Address of the Purchaser (hereinafter called "the said Purchaser") raised a P. O. No dated on ........................... Limited, at ................................................ (Hereinafter referred to as supplier) for purchase an equipment (name & Model No. of Equipment) from ..................................... Limited. AND WHEREAS it has been stipulated in the said P. O. dated .that the said Purchaser shall furnish a Bank Guarantee to the Supplier for the sum of Rs. .. (Rupees . only) as Security for the due payment by the said Purchaser of the due in respect of the purchase of (name & Model No. of Equipment). We, hereby unconditionally and irrevocably agree to pay a sum of Rs. ------------, without any demur, cavil or argument and merely on any written demand from the Supplier stating that the amount claimed is due and payable. Any such demand made on the Bank shall be conclusive as regards the amount due and payable by the Bank to the Supplier under this guarantee. We undertake to pay to the Supplier any money so demanded, but subject to an amount not exceeding Rs _______________ /-, notwithstanding any dispute and or disputes raised by the Purchaser in any suit or proceeding pending before any Court or Tribunal. Banks liability under this Bank Guarantee is absolute and unequivocal. We, further agree with the Supplier that the Supplier shall have the fullest liberty without our consent and without affecting in any manner our obligations hereunder to vary any of the terms and conditions of its contract or arrangement with the Purchaser or to extend time of payment by the Purchaser from time to time or to

postpone for any time or from time to time any of the powers exercisable by the Supplier against the Purchaser and to forbear or enforce any of the terms and conditions of its contract or arrangement with the Purchaser and We shall not be relieved from our liability by reason of any such variation, or extension being granted to the said Purchaser or for any forbearance, act or omission on the part of the Supplier or any indulgence by the Supplier to the said Purchaser or by any such matter or thing whatsoever which under the law relating to sureties would, but for this provision, have effect of so relieving us. This Bank Guarantee is absolute and unconditional and will not be discharged for any reason whatsoever including but not limited to the change in the constitution of the Bank or the Supplier or the Purchaser. We hereby agree and undertake not to revoke this guarantee during its currency except with the previous consent of the Supplier in writing. We further agree and undertake to extend the validity period of this Bank Guarantee on receiving a written request from the Supplier. Notwithstanding anything contained hereinabove:1. Our liability under the Guarantee is restricted to Rs __________/- (Rupees _____________________________ only) 2. This guarantee shall remain in force till __________. 3. We are liable to pay the guaranteed amount or any part thereof under this Bank Guarantee within two working days of the written demand or claim, only and only if you serve upon us a written demand or claim on or before __________. (date of expiry of guarantee) Dated the _________ day of ________

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