Partnership-Engagement/Steps-Establish/Proposal 

Proposal for Establishment

Subject: Business Proposal for Legal Partnership.

Introduction

Dear Mr. ………………………. and Esteemed Members,

We, at NTT Groups, under the leadership of Eng.Mohammad Shakil CEO of NTT Groups, are writing this letter to express our profound gratitude for showing interest for partnership and expansion of your esteemed business. It was indeed a pleasure to welcome and interact with your team. We believe that our discussions were both friendly and fruitful, exploring all possibilities for our venture.

A global conglomerate with a strong reputation and business networks in the international market. We have a presence in 22 countries, including India, KSA, UK, among others, and have been providing innovative solutions in various domains such as telecom, IT, e-commerce, education, healthcare, applications, web portals, etc., for over 33 years.

We are currently managing and running 15 proprietary applications and operating in 12 diverse business fields. Our elite business networking groups, World Business Groups (WBG), along with NTT Groups.

Proposed Collaboration

We are eager to collaborate with your esteemed company, given its excellent profile and portfolio. As we move forward, we propose to initiate the groundwork, sign off on the Non-Circumvention, Non-Disclosure & Working Agreement (NCNDA), and the Memorandum of Understanding (MOU). Our aim is to form a mutually agreed entity or company.

Future Plans

We believe that the upcoming new year will mark the successful commencement of our partnership. Concurrently, we propose to work on the actual formation formula as well as the investment plan for all discussed related companies.

Engagement Process

The engagement of NTT GROUPS for a joint venture and partnership will proceed as follows:

1. Lead Generation & Follow Up

2. Board Member Meeting within 7 working days

3. Signing of NDA or NCNDA within 10 working days

4. Signing of MOU or Agreement defining roles and responsibilities of both parties within 15 working days

5. Finalization of Agreement within 25 working days

6. Formation of JV company

7. Establishment of a physical office & bank account

8. Transferring fund & mobilization of top business/project management team.

9. Recruitment or assignment of relevant expertise on a full-time, part-time, or assignment basis

10. Review and analysis of business/project feasibility or study & report (If not available, proceed to step 10)

11. Preparation of customized business plans and strategies based on provided input data, and creation of a new feasibility report

12. Acquisition of local clients or business

13. Initiation of Business/Product marketing & promotion.

Philosophy of Partnership Profit Distribution

Key Components of Profit Distribution

Based on international studies and analyses, the distribution of profits in a partnership typically revolves around three fundamental entities:

1. The Company as an Institution (Co)

2. Investors - This can include individuals, companies, or investment institutions such as banks (Bank)

3. The Complete Management Team or Company (Management)

Each of these entities carries an equal weightage in terms of profit sharing.

Profit Sharing Breakdown

The profits are distributed as follows:

●        Co - Approximately 32%

●        Bank - Approximately 32%

●        Management - Approximately 32%

Reserve for Miscellaneous Expenses

Additionally, a reserve of 4% is set aside for miscellaneous expenses. If there are no additional or miscellaneous expenses recorded in the company’s books, this reserve will be equally distributed among the partners.

This philosophy ensures a balanced and equitable distribution of profits, fostering a harmonious and productive partnership.

Additional Notes

●        The profit allocated to the company (Co - 32%) will be distributed within the company partnership.

●        The share designated for investors (Bank - 32%) will go to the investment partner. This implies that the investment partner will receive the profits from the investments made.

●        The share allocated for the complete management team or company (Management - 32%) will go to the management and working partners. This ensures that those who are actively involved in the day-to-day operations of the company are rewarded for their efforts.

This distribution model is designed to ensure a fair and equitable distribution of profits among all parties involved, taking into account their respective contributions and roles within the partnership. This fosters a harmonious and productive partnership, conducive to mutual growth and success.

Marketing/Affiliate/Joint Venture (JV)/ Consultancy/Consultant

As per international- Marketing, Affiliate, Joint Venture (JV), and Consultancy/Consultant partner Profit Distribution

As per international standards, the philosophy for profit or share distribution for marketing & promotion, affiliate, JV, and consultancy/consultant is as follows:

●        Marketing & Promotion - Should vary between 1-3% on total value or 5-15% on total profit value depending on the project value. This is directly proportional, meaning high-value business with low markup and low business with high markup.

●        Affiliate and Consultancy/Consultant - Will also have around the same markup, moreover, it should be less, not more.

●        Joint Venture (JV) - Will have more responsibility than marketing & promotion, affiliate, and consultancy/consultant. So, JV should be between 2-5% of total value or 10-25% of total profit value depending on the project/business value. This is directly proportional, meaning high-value business with low markup and low business with high markup.

The payment mode will always be negotiable and this section markup will be compensated from the “Co” & “Management” markup %.

Please note: Consider a 20% net profit business when calculating the above partners’ markup %. This ensures that the profit distribution is fair and proportional to the contributions of each partner.

Partnership Structure

Finally, a legal partnership/Joint Venture will be formed between Partner A and Partner B, resulting in the creation of either Company C or only sole/exclusive Joint Venture (duration should not less than 15 years). This structure allows for clear delineation of responsibilities and profit-sharing, ensuring a fair and equitable partnership.

NTT GROUPS/First Party Profit Sharing proposal

NTT GROUPS/First Party Profit Sharing proposal/offer.

●        Marketing & Promotion – Not applicable because we are not offering this kind of services (N/A)

●    Affiliate and Consultancy/Consultant – Not applicable because we are not offering this kind of services (N/A)

●    Joint Venture (JV) – yes, we are offering & willing to make a JV with the following profit sharing slab.

a.    SR 0-30 Million = between 5% on total value or 25% on total profit value depending on the project/business value.

b.    SR 30.1-50 Million = between 4% on total value or 20% on total profit value depending on the project/business value.

c.     SR 50.1-100 Million = between 3% on total value or 15% on total profit value depending on the project/business value.

d.    SR 100.1 & above Million = between 2.5% on total value or 12.5% on total profit value depending on the project/business value.

●    Legal Partnership -  yes, we are offering & willing to make legal partnership with new or existing entities with the following profit sharing slab.

a. SR 0-30 Million = between 4% on total value or 20% on total profit value depending on the project/business value.

b. SR 30.1-50 Million = between 3.5% on total value or 17.5% on total profit value depending on the project/business value.

c. SR 50.1-100 Million = between 3% on total value or 15% on total profit value depending on the project/business value.

d. SR 100.1 & above Million = between 2% on total value or 10% on total profit value depending on the project/business value.

●    Payment Mode Joint Venture (JV) – should be 3-4 payment cycles & first payment 50% of total project or business value on the sign off & within 10 working days & rest complete settlement within 6-8 months.

●    Payment Mode Partnership – should be based on payment received & after accounting.

Template

CONFIDENTIALITY & NON-CIRCUMVENTION

As part of this Agreement, the Parties may disclose some of its proprietary, confidential, and trade secret information, including without limitation financial information and business contacts, each Party agrees to the following limitations, conditions and covenants:

●    Confidential Information: on behalf of the First Party and any other individual and/or entity(s) introduced to the Second Party for purposes of discussing the agreed terms and objectives of this “Agreement”. The Second Party and/or their entities acknowledge/s that in the course of the discussions, the Second Party and/or their Invitees may learn or become aware of valuable information belonging to the First Party which is not generally known to the public, including among other things, potential buyer’s information, trade secrets, know-how, business contacts, and business relationships related to the First Party, (“Confidential Information”), and that but for this “Agreement”. The Second Party and/or their Invitees would have no right to receive any disclosure of, or to use, any portion of the Confidential Information in any manner whatsoever without the written consent of the First Party.

●   Use: The Second Party, on behalf of themselves and their Invitees, will not use Confidential Information belonging to the First Party for any purpose whatsoever except as required for the discussions among the Parties about the agreed objectives, interests, and terms of this

“Agreement”.

●    Non-Circumvention: For a period of this agreement and from the date of this “Agreement”, the Second Party, on behalf of itself and its Invitees will not make any deal(s) with, or otherwise become involved in any transaction(s) in any form(s) with, the First Party Invitees without the written permission of the First Party.

Legal Framework

Understanding the legal framework governing international partnerships in the relevant jurisdictions is crucial. This includes knowledge of the laws and regulations of the countries where both parties operate.

Dispute Resolution Mechanisms

It’s important to have mechanisms in place for resolving disputes between partners. This could include arbitration, mediation, or litigation, depending on what is most suitable for the parties involved.

Intellectual Property

The protection and usage of intellectual property rights within the partnership should be addressed. This includes patents, trademarks, copyrights, and trade secrets. The agreement should specify who owns what and how these assets can be used.

Regulatory Compliance

Ensuring compliance with laws and regulations in each partner’s respective country is vital. This includes compliance with tax laws, employment laws, environmental regulations, and any industry-specific regulations.

Termination Clauses

The agreement should specify the conditions under which the partnership can be terminated. This could include breach of contract, failure to meet performance targets, or changes in business circumstances.

Confidentiality

A confidentiality clause is essential to protect sensitive business information. This clause should specify what information is considered confidential and the consequences of breaching this clause.

Force Majeure

A force majeure clause is used to free both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, or an event described by the legal term act of God (such as hurricane, flooding, earthquake, volcanic eruption, etc.), prevents one or both parties from fulfilling their obligations under the contract.

Governing Law

This clause specifies the jurisdiction whose laws will govern the partnership agreement. It’s important to choose a jurisdiction that is neutral and has a well-developed legal system.

Non-Compete Clause

A non-compete clause prevents the partners from engaging in a business that competes with the partnership business. This clause helps protect the partnership’s business interests.

Non-Solicitation Clause

A non-solicitation clause prevents the partners from soliciting employees, customers, or suppliers of the partnership business for a certain period of time after leaving the partnership. This clause helps protect the partnership’s relationships and goodwill.

Additional Partners Clause

This clause outlines the process for admitting additional partners into the partnership. It may specify the conditions for admission, the rights and obligations of new partners, and the impact of the admission on existing partners.

Amendment Clause

This clause specifies the process for making changes to the partnership agreement. It typically requires the consent of all partners to ensure that everyone agrees to the changes.

Entire Agreement Clause

This clause states that the partnership agreement constitutes the entire agreement between the partners and supersedes any prior agreements or understandings. This helps prevent disputes over alleged oral agreements or promises.

Severability Clause

A severability clause allows for part of the agreement to be invalidated if it is found to be illegal or unenforceable, without affecting the rest of the agreement.

Conclusion

We look forward to hearing your thoughts on this proposal. Thank you for your time and consideration.

Please feel free to contact me at your earliest convenience. I look forward to the possibility of working together.

Best Regards,

Eng. Mohammad Shakil 

CEO, NTT GROUPS 

Phone/WhatsApp: +966503173972 

Email: shakil@nttgroups.com / shakilmd@yahoo.com (For a prompt response, please always include a subject)

Additional Information:- For more information, please visit:

• Personal Profile: www.mshakil.info 

• NTT Groups: www.nttgroups.com 

• WBG website: www.worldbusinessgroups.com 

• NTT Groups profile: http://profile.nttgroups.com 

• WBG Info: https://www.info.worldbusinessgroups.com

• Appointment: https://www.appointments.worldbusinessgroups.com

Company Overview,Introduction & Vision 2030

Nawazinda Total Technologies Limited (NTT)

(Novel,Nedistha,New Tech & New Tower (NTT) also under Nawazinda Groups).  

• Heritage: Originating as Electronics Enterprises in India, NTT has evolved, relocating its headquarters to London, UK, and embracing a legacy of innovation in technology.

• Global Operations: Currently, we have a presence in 22 countries, engaging in diverse sectors including telecom technology, renewable energy, and AI solutions.

NTT Groups is a distinguished global conglomerate renowned for its robust reputation and extensive international business networks. With a history spanning over 33 years global presence & 16 years+ Saudi Arabia presence with elite clientele.

Vendor Relationships

NTT Groups maintains strong and strategic partnerships with several top-tier vendors, crucial for securing large-scale projects internationally. These relationships not only enhance our project delivery capabilities but also ensure we stay at the forefront of industry developments:

• Key Vendors:

  • Aramco

  • Saudi Electricity Company (SEC)

  • Saudi Telecom Company (STC)

  • Mobily

  • Integrated Telecom Company (ITC)

  • Bayanat Al-Oula (BTC)

  • Nokia

  • Ericsson

  • Al Saif Group

  • Bin Laden Group

  • NESMA

These partnerships are essential in positioning NTT Groups advantageously in markets where multi-billion USD projects are often initiated, offering substantial opportunities for growth and expansion.

Diverse Business Domains

NTT Groups has a significant presence in numerous sectors, each contributing to our robust portfolio:

• Construction and Telecom: Specializing in both general and telecom-specific construction projects.

• Information Technology and E-commerce: Developing cutting-edge IT solutions and dynamic e-commerce platforms.

• Facilities and Real Estate Management: Engaging in comprehensive facilities management and real estate rental and development.

• Business Networking: Facilitating connections and growth opportunities through extensive business networking.

• Education and Training: Offering educational and training services to foster skill development.

• Healthcare: Providing innovative healthcare solutions and services.

• Digital Applications and Web Portals: Managing a suite of applications and portals designed to enhance user engagement and service delivery.

• Green Energy and Project Management Office (PMO): Leading initiatives in sustainable energy and project management.

• Business Consultancy: Delivering expert consultancy services across various sectors.

Manufacturing and Industrial Associations

We maintain associations with manufacturing industries, including:

• Sugar Production: Contributing to the sugar industry with efficient production methods.

• HDPE Pipe Manufacturing: Producing high-density polyethylene pipes for various applications.

• Construction Tools Manufacturing: Offering a range of tools essential for construction activities.

Proprietary Applications and Business Leadership

Innovation and Networking

NTT Groups has made significant strides in technology and business networking:

• Proprietary Applications: The management of 15 proprietary applications spans across 12 distinct business domains, demonstrating NTT’s commitment to innovation and technological advancement.

• WBG World Business Groups:

  • Establishment: Founded in 2011 in the UK, WBG has rapidly expanded its footprint globally.

  • Growth: By 2012, WBG had expanded into Poland and Canada, followed by a significant presence in the Middle East and India by 2014.

  • Network: Today, WBG boasts a prestigious network of over 2000 elite members from 65 countries.

  • Specialized Platforms: WBG operates 33 specialized platforms and divisions, enhancing its capacity to foster global activities and partnerships.

Strategic Vision for IT and Technology

Our extensive experience and broad industry presence position NTT Groups ideally for further expansion into IT and technology-related fields. We aim to leverage our historical strengths to innovate and lead in these areas, continuing our tradition of excellence and transformative impact on global markets.

NTT Groups Vision 2030

Future Aspirations and Leadership

• WBG’s 2030 Vision: WBG aspires to extend its reach to 190 countries, aiming to include 1 million members and diversify into 40 specialized divisions, thus broadening its influence and operational scope significantly.

• AI and Technology Initiatives: In collaboration with Vivid Verse Global (VVG), NTT Groups is focusing on expanding its AI and technology division, 

• Global Registration of VVG: Vivid Verse Global is officially registered across multiple key global markets including the UK, USA, and India.

• Revenue Goal: Targeting $ 300 million in annual revenue by 2030 

• Financial Performance: Projecting a net profit margin of 15-18% and a threefold increase in market capitalization post-IPO

2030: Going to apply & open IPO to establish NTT as a frontrun