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GAIL (India) Limited PATA

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solely be responsible to pay the adequate compensation, insurance money<br />

etc. to the next kith & kin of that injury or dead taken. The contractor<br />

undertakes and Indemnify owner from such liabilities.<br />

34. The contractor also undertakes to obtain insurance cover policies covering<br />

all risks which may arise out of the execution of work under the contract.<br />

The contractor will pay the insurance premium to the insurance company<br />

from time to time against the insurance cover policy taken for his employees<br />

including third party.<br />

35. In case of any disputes which may arise out of the any meaning,<br />

interpretation of any term and condition of contract, the same shall be<br />

referred to sole Arbitrator i.e. OIC of Pata or its nominee. The decision of<br />

Sole Arbitrator shall be final & binding on both the parties to the contract i.e.<br />

contractor & Owner. The Arbitration proceedings shall be governed under the<br />

<strong>India</strong>n Arbitration & Conciliation Act, 1996 and venue of Arbitration<br />

proceedings shall be at Pata.<br />

36. In case of court case, the contractor here agrees that the court of agreeing<br />

shall only have the Jurisdiction to entertain such matter.<br />

37. The contractor shall not engage or deploy any person having a criminal<br />

record. If at any stage found, such person is executing the work, by order will<br />

terminate the contract or advise the contractor to change that Labour.<br />

38. TAXES, DUTIES, OCTROI ETC:<br />

38.1 The CONTRACTOR agrees to and does hereby accept full and exclusive<br />

liability for the payment of any and all Taxes, Duties, including Excise duty,<br />

octroi etc. now or hereafter imposed, increased, modified, all the sales taxes,<br />

duties, octrois etc. now in force and hereafter increased, imposed or<br />

modified, from time to time in respect of WORKS and materials and all<br />

contributions and taxes for unemployment compensation, insurance and old<br />

age pensions or annuities now or hereafter imposed by any Central or State<br />

Government authorities which are imposed with respect to or covered by the<br />

wages, salaries, or other compensations paid to the persons employed by the<br />

CONTRACTOR and the CONTRACTOR shall be responsible for the compliance<br />

of all SUB-CONTRACTORS, with all applicable Central, State, Municipal and<br />

local law and regulation and requirement of any Central, State or local<br />

Government agency or authority. CONTRACTOR further agrees to defend,<br />

indemnify and hold EMPLOYER harmless from any liability or penalty which<br />

may be imposed by the Central, State or Local authorities by reason or any<br />

violation by CONTRACTOR or SUB-CONTRACTOR of such laws, suits or<br />

proceedings that may be brought against the EMPLOYER arising under,<br />

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