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Agreement
Capital Partner Agreement
Governs capital deployment, asset ownership documentation, operations mandate, revenue sharing and settlement on exit.
This document is a draft template prepared for internal review. It must be examined, adapted and executed under the guidance of a qualified advocate practising in India, and stamped as required under the applicable State Stamp Act before it becomes binding.
1. Parties and purpose
- 1.1This Agreement is between GreenStrata Mobility ('Operator') and the Capital Partner named in the Registration Form ('Partner').
- 1.2The Partner deploys capital for the acquisition and retrofit of electric three-wheelers, which the Operator procures, deploys and manages.
- 1.3The Partner acquires no equity, shareholding or profit interest in the Operator's business.
2. Asset ownership
- 2.1Each vehicle funded is identified in the Asset Schedule by make, model, chassis number, registration number and invoice value.
- 2.2Ownership documentation is held in the Partner's name, or under a documented ownership schedule with an irrevocable transfer undertaking in the Partner's favour.
- 2.3The Operator shall not create any charge or encumbrance over the asset other than the disclosed vehicle loan.
3. Operator obligations
- 3.1Driver sourcing, KYC, police verification, training and allocation.
- 3.2Preventive and breakdown maintenance through approved service partners.
- 3.3Comprehensive insurance placement, renewal and claim management.
- 3.4GPS installation, telematics monitoring and utilisation reporting.
- 3.5Charging and battery swap arrangements.
- 3.6Daily rental collection, reconciliation and remittance.
- 3.7Issue of a monthly statement per vehicle in the format prescribed in the Revenue Sharing Policy.
4. Revenue sharing
- 4.1Revenue share is computed only on rentals actually collected, net of the documented operating costs listed in the monthly statement.
- 4.2The Operator's management fee is stated as a percentage of collections in the Commercial Schedule.
- 4.3No minimum, assured or guaranteed return is offered, implied or payable.
- 4.4Payouts are remitted by the 10th working day of the following month to the registered bank account.
5. Term, suspension and wind-down
- 5.1Initial term of 36 months, renewable by written consent.
- 5.2If the Operator suspends or ceases operations, whether after six months or at any later point, the Partner's asset rights remain unaffected.
- 5.3Outstanding loan dues are settled from collections in hand, sale proceeds or Partner funds in the priority set out in the Exit Policy.
- 5.4The Partner may elect physical repossession of the vehicle or liquidation through an Operator-approved channel.
- 5.5Liquidation proceeds are applied to lender dues, then verified operating liabilities, then to the Partner.
- 5.6A final settlement statement with a complete ledger is issued within 45 days of the wind-down notice.
- 5.7The Partner retains audit and inspection rights over vehicle, GPS and collection records during the settlement window.
6. General
- 6.1Governing law: the laws of India. Courts at Bengaluru, Karnataka shall have exclusive jurisdiction, subject to the Dispute Resolution Policy.
- 6.2Notices shall be delivered by email to the addresses recorded in the Registration Form and by registered post for termination or settlement notices.
- 6.3No provision of this document creates an employment, partnership or agency relationship beyond what is expressly stated.
- 6.4If any clause is held unenforceable, the remainder survives unaffected.
- 6.5This document, together with the Registration Form and annexed schedules, constitutes the entire understanding between the parties.
