This Memorandum of Understanding (“MoU”) is made and entered into on this Natural diamond studded jewellery,solitaires Date by and between:

International Chamber of Business & Industry (ICBI), having its office at 113, Park Street, 6th Floor, Kolkata-16, hereinafter referred to as “ICBI” (which expression shall, unless repugnant to the context or meaning thereof, include its successors and permitted assigns),

AND

Siddhachal Jewellers, having its registered office at Unit-141,155. Vaibhav Market, 4 Lee Road.1st Floor.Kolkata-700020, accepted by Romil Jain, Proprietor hereinafter referred to as the “Partner” (which expression shall, unless repugnant to the context or meaning thereof, include its successors and permitted assigns),

Collectively referred to as the "Parties" and individually as a "Party".

This MoU aims to foster a mutually beneficial collaboration between ICBI and the Partner, wherein:

• ICBI Privileged Members shall enjoy exclusive discounts or offers from the Partner.


• The Partner shall gain enhanced visibility, branding, and reach among ICBI’s elite business community through various promotional platforms.

1. Exclusive Member Benefits:
   
   
   • The Partner agrees to offer a special discount of 15% to all active Privileged Members of ICBI on the Total Invoice of the Natural diamond studded jewellery,solitaires Product or Services before Tax.
   
   
   • The benefit shall be applicable upon presentation of a valid ICBI Privileged Membership Card at the Partner’s location or platform.


2. Promotion of the Partner:
   
   
   • ICBI will actively promote the Partner as an Official Privilege Partner through:
     
     • Listing on the ICBI website and mobile platforms
     • Exposure via member newsletters, mailers, and WhatsApp communications
     • Promotion at relevant ICBI events and meetings
     • The following Brand Name and Brand Logo will be used in all promotions:
       Brand Name: Siddhachal Jewellers
       Brand Logo:
       
       


3. Branding & Visibility:
   
   
   • The Partner may display “ICBI Privilege Partner” branding at its premises and use ICBI logos in marketing (subject to ICBI’s branding guidelines).
   
   
   • Any co-branded content must be pre-approved by ICBI’s communications team.


4. Validity:
   
   
   • This MoU shall be valid from 1st April 2025 to 31st March 2026.
   
   
   • It may be renewed or extended upon mutual agreement in writing.


5. Verification & Redemption:
   
   
   • The Partner shall ensure benefits are extended only upon validation of an active ICBI membership card.
   
   
   • A simple log or digital record of redemptions may be maintained for internal reference.

• Mutual Benefits: This collaboration is established to strengthen the ecosystem of both ICBI and the Partner by enhancing member value and promoting local enterprise.


• Non-Exclusivity: Both Parties are free to enter into similar MoUs with other entities.


• Termination: Either Party may terminate this MoU with a 30-day written notice, without any liabilities or obligations.


• No Legal Binding: This MoU is intended as a statement of goodwill and collaboration. It does not constitute a legal partnership, joint venture, or enforceable contract.

IN WITNESS WHEREOF, the Parties hereto have executed this MoU on the day, month, and year first above written.