Memorandum of Understanding (MoU)

Between

International Chamber of Business & Industry (ICBI)

And

Turf XL

This Memorandum of Understanding (“MoU”) is made and entered into on this Turf Xl provides premier sports facilities for cricket, football and pickleball perfect for hosting large scale tournaments and sporting events. Services Date by and between:

ICBI

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).

The Partner

Turf XL, having its registered office at 18 Ganesh Chandra Avenue, Kolkata-13, accepted by Amit, Manager hereinafter referred to as the “Partner” (which expression shall, unless repugnant to the context or meaning thereof, include its successors and permitted assigns).

Purpose

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.

Scope of Collaboration

01 Exclusive Member Benefits

The Partner agrees to offer a special discount of Flat 10 to all active Privileged Members of ICBI on the Total Invoice of the Turf Xl provides premier sports facilities for cricket, football and pickleball perfect for hosting large scale tournaments and sporting events. 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.

02 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

Brand Name: Turf XL

03 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.

04 Validity

1st April 2025 to 31st March 2026

May be renewed or extended upon mutual agreement in writing.

05 Verification & Redemption

Partner shall ensure benefits are extended only upon validation of an active ICBI membership card. A simple log of redemptions may be maintained.

General Terms

Mutual Benefits: Collaboration established to strengthen both ecosystems by enhancing member value.

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

Termination: 30-day written notice required for termination without liability.

No Legal Binding: Statement of goodwill; does not constitute a legal partnership or enforceable contract.

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

For ICBI

Name: Aditya Murarka
Designation: Founder Trustee
Date: 27-05-2025

ICBI OFFICIAL SEAL

For Turf XL

Name: Adhiraj Johri
Designation: Partner
Phone: 9619166994
Date:27-05-2025

PARTNER SEAL