Agreement template for review. This document contains fields completed at signing. The signed agreement governs your individual enrollment, eligibility and refund conditions.
This Guaranteed Selection or Money-Back Mentorship Agreement ("Agreement") is made on [DATE] ("Effective Date") at New Delhi, India.
PARTIES
Service Provider: Raghav Mahajan, sole proprietor carrying on business under the name and style of KIMCHI Industries, having its principal place of business at First Floor, 170, Liberary Road, Azad Market, Central Delhi, Delhi - 110006, GSTIN 07DCDPM9751C1ZJ, email [●] (the “Service Provider”, “Mentor”, “we”, “us” or “our”).
Client: [CLIENT PRIVATE LIMITED LEGAL NAME], a company incorporated under the Companies Act, 2013, CIN [●], having its registered office at [●], GSTIN [●], acting through its duly authorised signatory [NAME / DESIGNATION] (the “Client”, “Company”, “Founder” or “you”).
The Service Provider and the Client are individually a “Party” and together the “Parties”.
BACKGROUND
The Service Provider provides founder mentorship, business-show application preparation, pitch preparation, question preparation, mock sessions and related advisory under the Become Tank Ready framework.
The Client wishes to receive preparation support for the six Covered Shows listed in this Agreement for up to two Eligible Seasons of each Covered Show.
The Parties intend an outcome-linked commercial arrangement: if the Client receives Final Shoot Selection for any one Covered Show, the Base Fee becomes fully earned and non-refundable; if no Success Event occurs by the Refund Determination Date and the Client has complied with this Agreement, the Refund Amount will be returned.
The Parties acknowledge that the Service Provider does not control, influence or represent any show, broadcaster, producer, casting team, panel member or platform.
1. DEFINITIONS
“Base Fee” ₹9,90,000 (Rupees Nine Lakh Ninety Thousand only), inclusive of applicable GST; applicable tax components shall be shown on the invoice.
“Covered Shows” Shark Tank India; Adani Vande Bharatam; Bharat Ke Super Founders; Pitch To Get Rich; Ideabaaz; and Startup Singam.
“Eligible Season” For each Covered Show, the first two bona fide application/casting seasons identified in Schedule A after the Effective Date. A season that is already open on the Effective Date counts only if Schedule A expressly states that it counts and the Client remains eligible to submit a complete application.
“Final Shoot” the principal final recorded studio/production stage of a Covered Show in which selected founders are intended to appear before the show’s principal panel, judges, investors or equivalent on-camera decision-makers.
“Final Shoot Selection” an official communication from the relevant Covered Show, producer, casting team or authorised representative confirming that the Client or its founder representative has been selected, invited or scheduled to participate in the Final Shoot. The communication may be by email, official message, portal status, letter or other verifiable written/electronic record.
“Success Event” the Client receiving Final Shoot Selection for at least one Covered Show during an Eligible Season. The Success Event occurs on the date the official Final Shoot Selection is communicated to the Client. Once a Success Event occurs, later withdrawal, non-attendance, rescheduling, cancellation, disqualification or change by the Client or the Covered Show does not reverse the Success Event.
“Program Term” the period beginning on the Effective Date and continuing until the earlier of: (a) a Success Event; (b) completion of two Eligible Seasons for each Covered Show; or (c) the Long-Stop Date.
“Long-Stop Date” 36 months from the Effective Date, unless extended by a written agreement signed by both Parties.
“Refund Determination Date” the first date on which the Program Term ends without a Success Event.
“Refund Amount” the Base Fee actually received by the Service Provider, less non-refundable bank/payment-gateway charges and less taxes/statutory levies to the extent already deposited with government and not lawfully recoverable or adjustable by the Service Provider.
2. SCOPE OF MENTORSHIP
During the Program Term, the Service Provider will provide preparation and strategic guidance for the Covered Shows, which may include, as reasonably relevant to the Client and the stage of each application:
application review and positioning;
founder story and business narrative;
business metrics, unit economics, valuation logic and funding ask preparation;
question-bank preparation, difficult-question preparation and follow-up questioning;
mock auditions / pressure practice;
round-specific preparation after official communication from a Covered Show;
pitch refinement, negotiation preparation and related strategic guidance.
The Service Provider may determine the sequencing and emphasis of preparation based on the Client’s business, stage and available deadlines. The Service Provider is an advisor and mentor; it is not responsible for operating the Client’s business, preparing audited accounts, giving legal/tax advice, or making representations to a show on the Client’s behalf unless separately agreed in writing.
3. FEE, GST AND PAYMENT
The Client shall pay the total programme fee of ₹9,90,000, inclusive of GST at the applicable rate.
Unless otherwise stated in a signed addendum, the total programme fee is payable 100% upfront before onboarding begins.
Any TDS deduction shall be handled in accordance with applicable law, and the Client shall timely issue the corresponding TDS certificate / provide required tax documentation.
Third-party costs — including travel, accommodation, show application fees (if any), professional accounting/legal services, production expenses, courier charges and similar external costs — are not included unless expressly stated in writing.
Any refund rights of the Client shall be governed exclusively by the refund provisions set out in this Agreement.
4. SELECTION-OR-MONEY-BACK COMMERCIAL GUARANTEE
4.1 Success: If the Client receives Final Shoot Selection for any one Covered Show during the Program Term, a Success Event has occurred and the Base Fee becomes fully earned and non-refundable. For the purpose of this Agreement, Final Shoot Selection shall be treated as the completed outcome, irrespective of any subsequent production or broadcast decisions of the Covered Show.
4.2 No Success Event: If no Success Event occurs by the Refund Determination Date, and the Client has materially complied with all Client Obligations in Clause 6, the Client is entitled to the Refund Amount in accordance with Clause 8.
4.3 Nature of Guarantee: This is a contractual refund guarantee tied to the defined Final Shoot Selection outcome. It is not a representation that the Service Provider controls, compels or influences any casting or selection decision.
5. COVERED SHOWS, TWO-SEASON COMMITMENT AND SEASON AVAILABILITY
The guarantee applies only to the six Covered Shows expressly listed in Schedule A.
For each Covered Show, the Parties will identify the two Eligible Seasons in Schedule A as information becomes available.
If a Covered Show is renamed, rebranded or continued under a substantially similar successor format, the successor may be treated as the same Covered Show.
If a Covered Show does not open two eligible application/casting seasons before the Long-Stop Date, the guarantee will nevertheless be determined on the Long-Stop Date using all Eligible Seasons that actually became available, provided the Client fulfilled its obligations for every available Eligible Season.
A season in which the Client is legally or contractually ineligible due to facts existing before the Effective Date will not count unless the Service Provider knowingly accepted that ineligibility in Schedule A.
6. CLIENT OBLIGATIONS — CONDITION OF THE GUARANTEE
The money-back guarantee applies only if the Client actively participates in the preparation and selection process.
The Client must:
The money-back guarantee depends on active and good-faith participation by the Client. Until a Success Event occurs, the Client shall:
provide accurate and complete information required for preparation;
apply to all eligible seasons of the Covered Shows within the required deadlines, unless otherwise agreed in writing;
attend reasonable preparation sessions and provide requested information/materials on time;
attend auditions, interviews and other selection stages when invited;
promptly share important communication received from the Covered Shows;
not provide false information or do anything that may cause disqualification;
not voluntarily withdraw from any application or selection process before a final decision is made, unless agreed in writing or due to genuine force majeure.
The guarantee will only be affected if the Client’s non-cooperation, delay, withdrawal, false information or other material breach reasonably affects an application or selection opportunity.
7. SERVICE PROVIDER OBLIGATIONS
The Service Provider shall provide the mentorship and preparation services described in Clause 2 using reasonable commercial efforts, subject to the Client’s cooperation, availability and applicable show timelines.
The Service Provider is an independent mentorship provider and is not affiliated with, employed by or authorised by any Covered Show unless expressly stated in writing.
The Service Provider does not control casting or selection decisions and does not undertake to influence any show, producer, casting team, judge or panel member.
8. REFUND PROCESS
A refund becomes due only after the Refund Determination Date and only if no Success Event has occurred.
The Client must send a written refund request to the notice email in Clause 15 within 90 days after the Refund Determination Date.
Within 15 business days after receiving the request, the Service Provider may reasonably verify completion of the Eligible Seasons and the Client’s compliance with Clause 6.
If eligible, the Service Provider shall pay the Refund Amount within 45 business days after verification, to the same bank account from which payment was received or another account held in the Client’s legal name.
No interest, opportunity cost, loss of profits, financing cost or consequential amount is payable on the Refund Amount.
Banking, payment-gateway, remittance and currency-conversion charges actually incurred in receiving or returning funds are non-refundable.
GST and statutory levies will be handled as stated in the definition of Refund Amount and subject to applicable tax law, credit-note rules and government processing.
9. WHAT DOES AND DOES NOT COUNT AS SUCCESS
9.1 What counts as Success: Official Final Shoot Selection for any one Covered Show counts as a Success Event. Actual attendance at, participation in, recording of or airing of the Final Shoot is not required once Final Shoot Selection has been officially communicated.
9.2 What does not count by itself: Unless the communication itself constitutes Final Shoot Selection under Clause 1, the following do not constitute a Success Event:
application submission or registration;
shortlisting or screening approval;
telephone, virtual or producer interview;
document verification
bootcamp, workshop, orientation or rehearsal;
selection for a preliminary or non-panel recording;
any publicity, press coverage, investor meeting or event that is not an official Final Shoot Selection.
11. FORCE MAJEURE AND SHOW-LEVEL CHANGES
Neither Party is liable for delay caused by events beyond reasonable control, including natural disasters, epidemic/pandemic restrictions, war, governmental action, platform outages, broadcaster decisions, production shutdowns, strike, serious illness or similar events. Show cancellation, delay or non-renewal before any Success Event does not create an immediate refund; the guarantee is determined under Clause 5 and the Long-Stop Date. If a Success Event has already occurred, subsequent show cancellation, postponement, rescheduling or production change does not reverse the Success Event.
12. CONFIDENTIALITY AND PUBLICITY
Each Party shall keep confidential all non-public commercial, financial, strategy, application, preparation and other confidential information received from the other Party and shall use such information only for this engagement.
Notwithstanding the above, the Client authorises the Service Provider to identify the Client’s company name and brand name as a client of Become Tank Ready in the Service Provider’s website, presentations, social media, advertisements and other marketing materials.
The Service Provider shall not publish the Client’s confidential financial information, application documents, private communications, screenshots, unpublished business information, founder photographs, testimonials, videos or selection communications without the Client’s prior written approval.
13. TERMINATION
The Agreement automatically ends on a Success Event, completion of refund obligations, or written mutual termination.
Voluntary Withdrawal by Client: The Client may discontinue the mentorship at any time. However, if the Client voluntarily terminates, withdraws from, or ceases to participate in the Program before a Success Event or before completion of the required two Eligible Seasons for all Covered Shows, the Selection-or-Money-Back Guarantee shall cease to apply and the Base Fee shall not be refundable.
For clarity, the Client cannot accelerate the Refund Determination Date by terminating or discontinuing the mentorship early.
The Service Provider may terminate for a material Client breach that remains uncured after the cure period in Clause 6. If the breach materially prejudiced the guarantee, the money-back guarantee may cease to apply.
Termination does not affect accrued payment obligations, confidentiality, dispute resolution, tax obligations or rights that by their nature survive termination.
14. LIMITATION OF LIABILITY
To the maximum extent permitted by law, neither Party shall be liable to the other for indirect, special, punitive or consequential losses, loss of profit, loss of opportunity or reputational loss arising from this Agreement. Nothing in this Agreement excludes liability for fraud, wilful misconduct, breach of confidentiality, infringement of intellectual property, or any liability that cannot lawfully be excluded.
15. NOTICES
Formal notices under this Agreement shall be sent by email to the addresses stated below and will be treated as received on the next business day after successful transmission, unless a delivery failure notice is received.
| Party | Notice Email | Copy / Contact |
| Service Provider | [●] | [●] |
| Client | [●] | [●] |
16. GOVERNING LAW, ARBITRATION AND DELHI JURISDICTION
This Agreement shall be governed by the laws of India. The Parties shall first attempt in good faith to resolve any dispute through senior-level discussion for 30 days after written notice of dispute. If unresolved, the dispute shall be finally resolved by arbitration by a sole arbitrator mutually appointed by the Parties in accordance with the Arbitration and Conciliation Act, 1996, as amended. The seat and legal place of arbitration shall be New Delhi, NCT of Delhi, India; the proceedings shall be conducted in English. Courts at New Delhi, NCT of Delhi shall have exclusive jurisdiction for interim measures, enforcement and matters not capable of arbitration.
17. GENERAL
Entire Agreement. This Agreement, including its Schedules, constitutes the entire agreement on this Guaranteed Plan and supersedes prior oral or written discussions on the same subject.
Amendments. Any amendment must be in writing and signed or electronically accepted by both Parties.
No Waiver. Failure to enforce a right immediately does not waive that right.
Severability. If any provision is held invalid or unenforceable, the remaining provisions continue to the fullest extent permitted by law.
Assignment. The Client may not assign the Agreement or guarantee rights without the Service Provider’s written consent, except as part of a genuine corporate restructuring that does not materially change the founders or business. The Service Provider may use employees/contractors to support delivery while remaining responsible for the mentorship engagement.
Independent Parties. Nothing creates a partnership, employment, agency, fiduciary relationship or joint venture between the Parties.
Electronic Execution. The Agreement may be signed electronically and in counterparts, each treated as an original.
Authority. Each signatory represents that they have full authority to bind the Party they sign for. The Client shall provide board/authorised-signatory evidence on request.
Stamping. The Parties shall execute the Agreement on appropriate stamp paper/e-stamp and complete any formalities required under applicable law.
SERVICE PROVIDER DETAILS
| Legal Name | Raghav Mahajan |
| Trade Name | KIMCHI Industries |
| Constitution | Proprietorship |
| GSTIN | 07DCDPM9751C1ZJ |
| Principal Place of Business | First Floor, 170, Liberary Road, Azad Market, Central Delhi, Delhi - 110006 |
SCHEDULE A — COVERED SHOWS AND ELIGIBLE SEASONS
Complete this Schedule at signing and update it by written confirmation as official season/application information becomes available. Do not rely only on informal social-media announcements.
| Covered Show | Eligible Season | Eligible Season |
| Shark Tank India | [●] | [●] |
| Adani Vande Bharatam | [●] | [●] |
| Bharat Ke Super Founders | [●] | [●] |
| Pitch To Get Rich | [●] | [●] |
| Ideabaaz | [●] | [●] |
| Startup Singam | [●] | [●] |
SCHEDULE B — COMMERCIAL SUMMARY
| Plan | Become Tank Ready — Guaranteed Selection or Money-Back Plan |
| Base Fee | ₹9,90,000 |
| GST | Included in programme fee; itemised on tax invoice |
| Payment | 100% upfront unless a signed addendum states otherwise |
| Coverage | 6 Covered Shows × up to 2 Eligible Seasons each |
| Success Event | Official Final Shoot Selection for any 1 Covered Show; actual attendance/recording/airing is not required |
| Refund Trigger | No Success Event by the Refund Determination Date, subject to Client compliance |
| Refund Timing | Within 45 business days after eligibility verification |
SIGNATURES
By signing below, the Parties confirm that they have read, understood and accepted this Agreement and its Schedules.
| For the Service Provider | For the Client |
| KIMCHI Industries | [CLIENT PRIVATE LIMITED LEGAL NAME] |
| Proprietor: Raghav Mahajan | Authorised Signatory: [NAME / DESIGNATION] |
| Signature: __________________________ | Signature: __________________________ |
| Date: ______________________________ | Date: ______________________________ |
| Place: New Delhi | Company Seal (if used): ______________ |
Optional witness signatures:
| Witness 1: __________________________ | Witness 2: __________________________ |
| Name: ______________________________ | Name: ______________________________ |
| Address: ____________________________ | Address: ____________________________ |