AGREEMENT CUM GUARANTEE
This agreement is made on this 29th day of May, 2000, between:
NetGuru Inc., a Company incorporated as a Delaware Corporation and
having its principal office at 22700 Savi Ranch Parkway, Xxxxx Xxxxx, Xxxxxxxxxx
00000-0000, X.X.X. (hereinafter referred to as the Foreign Shareholders of
Interra Global Ltd., which expression shall unless contrary to the context
hereof includes its successors, legal representatives and permitted assigns) of
the FIRST PART
AND
NetGuru India Pvt. Ltd., a Company incorporated under the India
Companies Act having its principal office at X0-0, Xxxxx XX, Xxxxxx X, Xxxxxxxx
- 700 091 (hereinafter referred as major Indian Shareholders of Interra Global
Ltd., representing the minor shareholders of Interra Global Ltd., which
expression shall unless repugnant to law and the context or meaning of the
agreement be deemed to mean and includes its nominees, legal heirs, executors,
administrators and assigns and successors in interest) being the party of the
SECOND PART.
Both parties have agreed to honor, fulfill and protect the terms of all
earlier agreements executed by either parties with whomsoever, related to
Interra Global Ltd.,
IN WITNESS WHEREOF, the parties hereto have here into set and
subscribed their respective hands and seals the day and year first hereinabove
written.
For NetGuru Inc., USA
/s/ Xxxxx X. Xxx
----------------
(XXXXX X XXX)
Chairman & CEO
For NetGuru India Pvt., Ltd.,
/s/ Xxxxxxx Xxxxxx
------------------
(XXXXXXX XXXXXX)
Chief Operating Officer
WITNESS:
1. Xxxx Xxx
GD-337, Salt Lake
Calcutta 700 091
2. Xxxxx Xxxxxxxxxx
000 X. Xxxx Xxxxxx Xxxxxx
Xxxxxxx Xxxxx, XX 00000
-2-
