Section 00Important — read first.
This is a working template. Specific terms (jurisdiction, statutory references, stamp duty, executed-form clauses) must be reviewed and finalised by qualified legal counsel before signature or execution. Grilzo will share the final version of this agreement, printed on stamp paper of the prescribed value, prior to capital deployment. Do not treat this template as the executed contract.
Section 01Parties & recitals.
This Investor Partnership Agreement ("Agreement") is made and executed on this [DD] day of [Month, Year] at [City], India, between:
First Party · Operator
Grilzo · [Legal Entity Name], registered under the laws of India, having its principal place of business at [Registered Address], represented by [Authorised Signatory].
Second Party · Investor
The Investor · [Investor Full Name], aged [age] years, residing at [Permanent Address], holding PAN [PAN No.] and Aadhaar [Last 4 digits].
Recitals
- Grilzo operates a network of branded food-cart outlets across India under a Company-Owned, Company-Operated (COCO) framework.
- The Investor wishes to deploy capital towards a single Grilzo outlet on the terms set out herein, and Grilzo agrees to receive such capital as a partnership contribution and not as a deposit, security, or regulated investment instrument.
- Both parties acknowledge that this Agreement is a private commercial partnership and is not an offering covered by SEBI, RBI, or other capital-markets regulation.
Section 02Key commercial terms.
| Term | Value |
|---|---|
| Capital Contribution per Outlet | ₹ 2,50,000 |
| Outlet Identification | [GZ-XXX-XXX] |
| Payout Option Elected | [ ] Option A [ ] Option B |
| Initial Term | 12 months · auto-renewable |
| Capital Refund Mechanism | 100% refundable · 45–60 day window |
| Effective Date | [DD/MM/YYYY] |
Section 03Capital contribution.
Clause 1.1 · Investor Contribution
The Investor shall contribute a sum of ₹ 2,50,000 (Rupees Two Lakh Fifty Thousand only) per outlet, payable to Grilzo by NEFT / RTGS / IMPS to the bank account designated in Schedule 1, on or before the Effective Date.
Clause 1.2 · Application of Capital
The Capital Contribution shall be applied against cart fabrication, equipment, site deposit, branding, technology, licensing, opening inventory, training, and contingency, per the line-item schedule in the Use of Funds document forming part of this Agreement.
Clause 1.3 · Asset Backing
Approximately 78% of the Capital Contribution is anchored to physical, identifiable, insurable assets, the schedule of which (Annexure A) shall be provided to the Investor within 30 days of outlet commissioning.
Section 04Returns structure.
Clause 2.1 · Election of Payout Option
The Investor shall elect one of the two payout structures below at the time of execution. The election is binding for the full term and may be re-elected at renewal:
- Option A — Fixed Monthly Payout: a sum of ₹ 30,000 shall be credited to the Investor's bank account on or before the 7th of each calendar month, irrespective of outlet revenue.
- Option B — Revenue Share: 20% of the Gross Revenue generated by the Outlet during the calendar month shall be credited to the Investor's bank account on or before the 7th of the following month. "Gross Revenue" includes all reconciled receipts from POS, QR, UPI, the Grilzo Seller App, aggregator platforms, and cash, before any operating cost.
Clause 2.2 · Statutory Deductions
Payouts shall be net of TDS and any statutory deduction applicable under the Income Tax Act, 1961. A Form 16A / TDS certificate shall be issued by Grilzo on a quarterly basis.
Section 05Reporting & transparency.
Clause 3.1 · Monthly Investor Report
By the 5th of each month, Grilzo shall deliver to the Investor a Monthly Outlet Report containing: gross revenue, channel-wise revenue split, payout calculation, outlet operational notes, and bank transfer reference.
Clause 3.2 · Inspection Rights
The Investor shall have the right to physically inspect the Outlet, review reconciled POS / channel reports, and meet the operations team upon 7 days' written notice, no more than once per quarter, during normal operating hours.
Section 06Term & renewal.
Clause 4.1 · Initial Term
This Agreement shall be in force for an initial term of 12 (twelve) months from the Effective Date.
Clause 4.2 · Auto-Renewal
The Agreement shall auto-renew for successive 12-month periods unless either party provides 30 days' written notice prior to expiry. The Investor may re-elect the payout option at each renewal.
Section 07Capital refund & exit.
Clause 5.1 · Investor Exit at Term-End
At the end of the Initial Term (or any renewal term), the Investor may exit by serving a written notice. 100% of the Capital Contribution shall be refunded to the Investor within 45 to 60 days of receipt of such notice.
Clause 5.2 · Early Exit (Mid-Term)
The Investor may exit before completion of the Initial Term by serving 60 days' written notice. In such case, an early-exit deduction of ₹ 50,000 to ₹ 75,000 (per Annexure B) shall apply, against unrecovered cart-fabrication and onboarding costs. The balance shall be refunded within 60 days.
Clause 5.3 · Refund Mechanism
All refunds shall be made by NEFT / RTGS to the Investor's registered bank account, with UTR confirmation by email.
Section 08Termination.
Clause 6.1 · By Grilzo
Grilzo may terminate this Agreement on 30 days' written notice in case of: (a) material misrepresentation by the Investor; (b) breach of confidentiality; or (c) failure of the Investor to comply with KYC / statutory requirements. In all cases, capital refund per Clause 5 shall apply.
Clause 6.2 · By Investor
The Investor may terminate on 30 days' notice in case of: (a) sustained non-payment of Option A obligations beyond 60 days; (b) failure to deliver three consecutive Monthly Investor Reports; or (c) closure of the assigned Outlet without replacement.
Section 09Indemnity & force majeure.
Clause 7 · Indemnity & Limitation
Grilzo shall indemnify the Investor against direct, demonstrable losses arising from gross negligence, wilful misconduct, or fraud by Grilzo or its employees. Indemnity is capped at the Capital Contribution amount. Indirect, consequential, or speculative losses are excluded.
Clause 8 · Force Majeure
Neither party shall be liable for failure to perform obligations directly arising from events beyond reasonable control, including pandemic, government-ordered lockdown, civil disruption, fire, flood, riot, or natural disaster ("Force Majeure Event"). During such period, Option A obligations shall be temporarily suspended (not extinguished); Option B payouts shall reflect actual revenue. Capital Contribution shall remain protected and the Term shall be extended by the duration of the Force Majeure Event.
Section 10Dispute resolution & jurisdiction.
Clause 9.1 · Good-Faith Negotiation
Any dispute shall first be attempted to be resolved by good-faith discussion between the parties for a period of 30 days from notice of dispute.
Clause 9.2 · Arbitration
Failing resolution, the dispute shall be referred to arbitration by a sole arbitrator appointed by mutual consent under the Arbitration and Conciliation Act, 1996. Seat: [Delhi / NCT of Delhi]. Language: English. The arbitral award shall be final and binding.
Clause 9.3 · Governing Law & Jurisdiction
This Agreement shall be governed by the laws of India. Subject to Clause 9.2, the courts at [Delhi / NCT of Delhi] shall have exclusive jurisdiction.
Clause 10 · Miscellaneous
- Confidentiality: All commercial information exchanged is confidential.
- Amendment: No modification is valid unless made in writing and signed by both parties.
- Severability: If any clause is held invalid, the remainder shall continue in full force.
- Annexures: Schedule 1 (bank details), Annexure A (asset schedule), Annexure B (early-exit deduction schedule) form part of this Agreement.
Want the executed agreement template?
The final draft is shared after the discovery call and signed NDA, on stamp paper of prescribed value.