This agreement of partnership is made at Lahore on this ____day of ________ 2007 between Punjab Education Foundation 19-Ahmed block Garden Town, Lahore (hereinafter called the first party) and _______________________________ (hereinafter called the second party) and the terms and conditions set forth herein:-

The partnership agreement shall commence on the date on which it is executed and signed and shall remain in force till its expiry or termination by the first party on violation by the second party of any stipulation of this instrument.

The second party shall register itself with the District Registration Authority within one year after entering into partnership with the first party and in default thereof the first party may discontinue financial assistance under this partnership agreement.

The financial assistance to be provided to the second party will amount to Rs. 300/ per child enrolled per month to cover tuition fees and allied charges. At the sole discretion of the Board of Directors of the First Party this amount may be increased to account for inflation and/or any other consideration.

From the date of execution of this agreement of partnership the second party shall not charge any enrolled student any fee in whatsoever form, including, but not restricted to, fines, recreation, stationery, class/tours, admission charges, registration fees, etc. Notified examination fees by the concerned Board of Intermediate and Secondary Education may, however, be collected from the students against a token of receipt, with the prior approval of the First Party.

The Second party must ensure that the students of all relevant classes appear in the annual tests conducted by the Punjab Examination Commission (PEC). The second party will submit whatever information the first party requires with respect to PEC exams including, but not limited to, registration codes, student data, results etc. The second party will be permitted to collect from the students notified fees required by the PEC for participation in the said exams provided written consent has been obtained from the first party.

In case of outstanding performance by the second party in providing quality education, determined on the basis of student learning outcomes assessed through six monthly Quality Assurance Tests (QAT), administered under the auspices of first party, the Board of Directors of the first party may give awards to the second party and/or its staff. The rules and the criteria for award of such incentives shall be determined by the Board of Directors of the first party.

If enrolment of the second party has increased or declined during the period since the last review and verification of the level of enrolment then financial assistance to the second party will be revised for the subsequent period on the basis of variance in the enrolment.

The physical infrastructure of schools in terms of building, class rooms, toilets, library and laboratories (in case of elementary and secondary schools) must be hygienic, congenial, conducive and airy according to the standards specified by first party.

The first party may carry out class-wise random inspections of the second party to check/verify the veracity of the reported enrolment, improvements made in the infrastructure and standard of cleanliness and hygiene at any time without notice during working hours of the second party. Students and teachers of the school being supported under the PEF-FAS program may also be interviewed and must be directly accessible to the representatives of the first party without any representative of the school administration being present during the conduct of this exercise. In case enrollment data has been reported incorrectly or in case of any other false statement as verified by observation or by documentation maintained by the school or based on testimonies of students or teachers of the second party, the first party will reserve the right to discontinue forthwith any financial assistance, without serving any prior notice.

The first party will administer bi-annual tests to the students of the second party to assess eligibility for continued financial assistance under this partnership. The second party is required to maintain quality standards by ensuring that 2/3rd (66.66%) of the students attain at least 40% marks in the Quality Assurance Tests (QATs) conducted by, or on behalf of, the first party. In case of failure of the second party in these Tests, the first party reserves the right to immediately terminate any financial assistance under this partnership agreement.

The second party must abide by the rules and regulations, timing and schedules, format and method prescribed by the first party for the bi-annual QATs.

The second party will display on its main gate or any other prominent place a board that the first party will provide stating the provision of free education to children enrolled in the educational institution being supported under the PEF-FAS Programme.

By the 10th day of every month, the second party shall communicate accurate figures of the enrolment of the institution, on forms supplied by first party, providing class-wise break-up of this enrolment. In case of co-educational institutions, gender-wise information of enrolment shall also be submitted. In case of late submission of enrolment data, financial assistance will be provided on the basis of the data communicated and recorded in the last available inspection report of the first party. Information on physical infrastructure will be provided to the first party on quarterly basis.

The second party will not conduct any after-hours/second-time classes within its premises unless and until the service is being extended to the students free of cost. The second party will not conduct tuition academies or any other profit making venture within the premises of the institution declared as under this partnership agreement.

This agreement is non-transferable and, therefore, in case of sale of school to a third party this contract will stand cancelled automatically. In case of any doubts pertaining to ownership of the school or any disputes/civil litigation thereof regarding the second party that develop before or after entering into this partnership, the first party may cancel the partnership agreement unilaterally without notice or consent of the second party.

The teacher student ratio should not exceed 30 students per teacher and no single room may host more than one class at one time.

The minimum strength of enrolment should not be less than 100 students and the maximum number of the students should not be more than 500 unless the first party has given prior approval for the increase in enrolment of the second party, based on outstanding performance of the second party in QATs. Whereas the second party may enroll more than 500 students, the first party reserves the right not to provide financial assistance to more than 500 students until quality of education has been certified through the results in the bi-annual QATs. The second party must ensure the provision of proper physical infrastructure and all relevant facilities for additional students, the availability of which will be inspected and approved by a representative of the first party, before the second party can enroll more students.

Public money is a sacred trust with the first party and it is the statutory responsibility of the first party to ensure that funds are utilized for the purposes that they are provided. Therefore, in the event of an educational institution violating any of the terms and conditions of this agreement the first party reserves the right to withdraw its financial support with immediate effect. On complaints of charging fee, fine or any charges whatsoever without the prior consent of the first party, or any other violation of this agreement, the first party reserves the right to cancel the agreement forthwith without giving any prior notice.

This agreement is being made on provisional basis. The administration of the second party is hereby held responsible for ensuring the availability of decent quality infrastructure, furniture and hygienic, congenial and conducive conditions within 6 months of the date of execution of this partnership agreement.

The second party shall not spend the financial assistance on any other educational institution other than the one named in the agreement. The Administration shall devote its whole time diligently to promote the cause of education and to comply with, in letter and spirit, the terms and conditions of this agreement.

In the case of the demise of the principal/entrepreneur/the signatory of the agreement, his/her successor assignee will be deemed to have automatically become a party and shall be bound to observe all the terms and conditions of this agreement.