DOMAIN TRANSFER AGREEMENT

This DOMAIN TRANSFER AGREEMENT (hereinafter referred to as “the Agreement”) is made on [DATE FROM WHICH THE AGREEMENT COMES INTO FORCE] hereinafter referred as the “Effective Date”) between:

[NAME OF THE TRANSFEROR], having registered office at [ADDRESS OF THE TRANSFEROR] (hereinafter referred as the “Transferor” which expression shall, unless repugnant to the context or meaning thereof, means and includes its legal representatives, executors, administrators and permitted assigns);

And

[NAME OF THE TRANSFEREE], having registered office at [ADDRESS OF THE TRANSFEREE] (hereinafter referred as the “Transferee”). which expression shall, unless repugnant to the context or meaning thereof, means and includes its legal representatives, executors, administrators and permitted assigns);

The Transferor and the Transferee shall be collectively referred as “Parties” and individually as “Party”.

WHEREAS

1. The Transferor has used and registered the domain [INSERT DOMAIN] (the “Domain”) with [INSERT DOMAIN REGISTRY] (the “Domain Registry”);
2. The Transferee desires to acquire the domain and the registration from the transferor for a consideration.
3. The parties wish to enter into a contract in writing.

NOW, THEREFORE IN CONSIDERATION OF THE MUTUAL PREMISES, THE PARTIES HERETO AGREE AS FOLLOWS:

1. TITLE AND DOMAIN ASSIGNMENT
   1. Transferor hereby transfers and assigns to Transferee all rights, title, interest and goodwill in or associated with the Domain together with any registered or unregistered trademarks, service marks, copyrights or other intellectual property or proprietary right based in any way or related to the domain.
   2. The Transferor agrees to transfer to the Transferee all sub-domains and related URLs domain email extension, account login details for access to domain registry and G-Suit Google Account and all Internet traffic to the domain name.
2. CONSIDERATION
   1. The Transferee agrees to pay Transferor the sum of [INSERT THE AMOUNT PAYABLE BY THE TRANSFEREE TO TRANSFEROR], payable via [INSERT MODE OF PAYMENT] upon execution of this agreement.
3. EFFECTUATE TRANSFER
   1. Transferor agrees to cooperate with the Transferee to follow the required procedure to assign the Domain to the transferee in order to effectuate the transfer of the Domain Registration in a timely manner. Transferor agrees to prepare to transmit the necessary domain registry registration deletion template and to correspond with the domain registry to authorize the domain transfer.
4. WARRANTIES AND REPRESENTATION
   1. Transferor warrants and represents that the Transferor has unencumbered rights in the Domain, that the Transferor registered the domain with the domain registry without committing any fraud or misrepresentation, that the transferor has the rights and authority to transfer and assign the domain, that the transferor has not used the domain for any illegal and unlawful purpose and the domain does not infringe any third party intellectual property rights.
5. TERMINATION
   1. Notwithstanding any provision to the contrary, this Agreement may be terminated and the transfer abandoned at any time prior to the Effective Time by consent of both the parties.
   2. In the event of such termination, this Agreement shall become void and no Party or shall have any liability to any Person by reason of this Agreement. After the Effective Time, this Agreement may not be terminated except by an agreement in writing signed by each of the Parties.
6. FORCE MAJEURE
   1. The parties shall not be liable for any departure from the provisions of this agreement which has occurred due to an act of god, terrorist activity, war, natural disaster like flood, earthquake or due to any reason beyond reasonable control of the parties.
7. WAIVER
   1. No failure by either party to exercise, nor any delay by either party in exercising, any right, privileges, power, authority or remedy hereunder shall operate as a waiver of that or any other right, privileges, power, authority or remedy of the Company, nor shall any single or partial exercise of any right, privileges, power, authority or remedy preclude any other or further exercise of that or any other right, privilege power, authority or remedy.
8. SEVERABILITY
   1. If any clause or section of the present debenture agreement is found to be unenforceable or unlawful, the rest of the provisions shall continue to be in force unless the arbitrator or competent courts order otherwise
9. GOVERNING LAW AND JURISDICTION
   1. The terms of this Agreement shall be governed and construed in accordance with the laws of [INSERT STATE/COUNTRY OF APPLICABLE LAWS]. In regard to any disputes or disagreement arising under the Agreement, the parties shall submit to the exclusive jurisdiction of [INSERT COURT WHICH SHALL HAVE EXCLUSIVE JURISDICTION IN CASE OF DISPUTE BETWEEN THE PARTIES].
10. LIABILITY
    1. In no event will either Party be liable for any special, incidental or consequential damages arising from or related to the use of the Domain, even if advised of the possibility.
11. NOTICES
    1. Any notice or communication under or in connection with this Agreement shall be in writing and may be delivered personally or by post or facsimile to the addresses given in this Agreement or may also be delivered via electronic mail specified by the Parties. The Electronic Signatures shall be acknowledged as valid signatures for all the purposes of this Agreement.
       1. TRANSFEROR: [MENTION THE EMAIL ID OR/AND ADDRESS OF TRANSFEROR]
       2. TRANSFEREE: [MENTION THE EMAIL ID OR/AND ADDRESS OF TRANSFEREE]
12. ENTIRE AGREEMENT
    1. This agreement constitutes the entire understanding and agreement of the parties with respect to its subject matter and supersedes all prior and contemporaneous agreements or understandings, inducements or conditions, express or implied, written or oral, between the parties.
    2. No amendments and/or modifications to this agreement shall be valid unless executed in writing and signed by both parties.
13. DECLARATION
    1. The parties hereby understand and expressly agree to the provisions laid down in the present agreement and in good faith, undertake that both parties shall follow the terms of this agreement in good conscience in order to secure better growth of both the Parties.

IN WITNESS WHEREOF, the parties, intending to be legally bound, have each executed this agreement as of the effective date.

Signed, sealed and delivered on behalf of the Transferor:

Name: [NAME OF TRANSFEROR/SIGNING AUTHORITY AND DESIGNATION]

Signature:

Date: [SIGNING DATE OF TRANSFEROR]

Signed, sealed and delivered on behalf of the Transferee:

Name: [NAME OF TRANSFEREE/SIGNING AUTHORITY AND DESIGNATION]

Signature:

Date: [SIGNING DATE OF TRANSFEREE]