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WITNESSETH :
“Intellectual Property” shall mean and include all property in any name,
signature, word, letter, numeral or any combination thereof, trademark, brand
name, service mark, trade name, design, logo, whether registered or not,
belonging to either Party;
“Offer” shall mean the offer of Free Holiday Voucher as gifted by COMPANY
to recipients.
“Free Holidays” means and includes 3 Days / 2 Nights stay available to a couple
and two children till the age of eight years at selected destination in Asia.
“Free Holiday Voucher” means Kalpavruksha Voucher for Free Holidays which
may be redeemed against free Accommodation.
1.2 Except where the context requires otherwise, this agreement will be
interpreted as follows:
(a) In this Agreement headings are for convenience only and shall not
affect the interpretation of the covenants hereof.
(c) Words importing the singular shall include plural and vice versa.
1.3 APPOINTMENT
The COMPANY hereby appoints the DISTRIBUTOR as its exclusive distributor of the
products specified in the Discount Schedules, which are attached to and form a part of
this agreement. Note: We make it a rule to appoint one Distributor each District with the
exception of Bangalore District.
a. The COMPANY shall bear the expenses of the rent for the premises as identified
by the DISTRIBUTOR to a maximum of Rs. 5000 per month.
b. The DISTRIBUTOR shall bear the expenses of COMPANY appointed customer
care executives working at the above-mentioned premises.
c. The DISTRIBUTOR shall agree for deduction of the payment to these two
executives from his earnings or commissions. This would be maximum amount
of Rs. 13,000 per month.
d. The COMPANY shall pay upfront/reimburse the DISTRIBUTOR any amount
paid as DEPOSIT for the above-mentioned premise to a maximum limit of Rs.
25,000, within a period of three months from the date of signing of this
agreement.
Article 2. DISTRIBUTOR'S RESPONSIBILITIES
The DISTRIBUTOR agrees that so long as this distributorship is in effect it will :
e. The DISTRIBUTOR shall purchase at least Rs. 100,000 worth of the products
from the COMPANY per month.
f. The DISTRIBUTOR shall use its best efforts to develop business in, to promote
the sale of, and to sell the products covered by this agreement.
g. The DISTRIBUTOR shall maintain a sales organization, which actively solicit
the sale of products covered by this agreement.
3. OBLIGATIONS OF COMPANY
3.1 COMPANY shall supply Holiday Vouchers initially to DISTRIBUTOR for an offer.
3.2 COMPANY shall make all necessary arrangements to ensure effective redemption
of vouchers by the recipients as per the terms.
3.3 COMPANY shall honor all reservations made by the recipients. COMPANY
reserves the right to dishonor any booking stating the reasons as under:
a. Non receipt of full payment of Utility Charges or non-compliance of terms to use the
offer;
b. Non ‘full & final’ payment by DISTRIBUTOR to COMPANY within 30 Days from
the date of this agreement.
c. Force Majure.
In event that either Party hereto shall be rendered wholly or partly unable to carry out its
obligations under this Agreement by reason of causes beyond its control including (not
by way of limitation) fire, flood, unusual weather conditions, heavy rains, epidemics,
insurrections , riots or other civil commotion, war, enemy action, acts or demands,
requirements of the Governments in state or by other causes which it could not
reasonably be expected to avoid, then the performance of the obligations of either Party
or both as they are effected by such causes shall be excused during the continuance of
any inability so caused, but such inability shall as soon as possible be remedied.
3.4 All customers’ complaints / grievances / escalations / issues / claim shall be handled
by COMPANY, provided DISTRIBUTOR makes ‘full & final’ payment to COMPANY
as per the payment terms of this agreement.
3.5 COMPANY will manage and respond to any/all queries received from the recipients
immediately, politely and accurately.
3.6 COMPANY must ensure the completion of its obligation of the recipient to
accommodation as per his preferences. For any reason if this is not done, COMPANY
agrees to purchase the hotel accommodation at any applicable rate and complete its
obligation as per the issued voucher.
3.7 COMPANY will pay Rs.2000/- Cash Back on amount spent on food at the
confirmed destination by COMPANY. The amount of Rs.2000/- towards food expense
will be paid by Cheque in favor of the recipient on submitting of original bills of food
expenses. In case, recipient does not avail the holiday offer at the confirmed destination
due to any reason whatsoever, he/she will not be entitled for Cash Back offer. Customer
will also get complimentary Reebok Travel Bag MRP: Rs.599/- on availing this offer.
4.1 DISTRIBUTOR shall not give any verbal commitments to the recipients with
regards to reservations.
4.2 DISTRIBUTOR ensures COMPANY that all customers will get the Holiday Offer in
the form of Vouchers printed by COMPANY and issued to DISTRIBUTOR to gift to its
customers for a particular offer. No any other form to make the customer eligible for the
offer will be used by DISTRIBUTOR.
4.3 CONFIDENTIALITY
Both Parties agree to keep the terms of this Agreement along with any information
whether technical, business or otherwise that may come to the knowledge of the other
Party private and confidential.
Article 5. PAYMENT
The DISTRIBUTOR shall pay the price to the COMPANY before the date of the
shipment of the products by way of wire transfer/cash to the bank account of the
COMPANY.
Article 6. DELIVERY
Unless otherwise specifically provided in the Discount Schedules, delivery of the
products shall be F.O.B. BANGALORE, and the date of the bill of lading shall be taken
to be the date of delivery of the products. The COMPANY shall not be liable for delays
in delivery or failure to manufacture due to strikes, lock-outs, riots, civil commotions,
insurrections, wars, acts of God, operation of law or any other causes beyond its control.
Article 7. WARRANTY
The COMPANY warrants the DISTRIBUTOR that the products to be delivered on any
order will be the kind designated or specified. If it appears within six(6) months from
date of shipment by the COMPANY that the products delivered on any order are not of
the kind designated or specified, and the DISTRIBUTOR notifies the COMPANY
immediately, the COMPANY shall thereupon correct the defect or defects, at its option,
by sending a replacement(s).
7.1 INDEMNITY
The availability of hotel accommodation as per the issued vouchers is the sole
responsibility of COMPANY. DISTRIBUTOR shall not be liable to COMPANY,
Recipients or any third party for any consequences arising out of use of the Holiday
Voucher. COMPANY hereby indemnifies DISTRIBUTOR against any claims,
damages, losses suffered by it on accounts of the acts or omissions by COMPANY or its
employees, representatives, agents, associates that are in contravention to the terms of
this Agreement.
This Agreement shall be interpreted and construed in accordance with the laws of India.
13.1. MISCELLANEOUS
Both Parties shall act at all time with integrity and commitments to fair dealing and
shall not engage in any or deceptive trade practice.
No right and/or obligation arising from this Agreement shall be assigned, either in part
or whole except with the express prior written consent of the Parties.
Effective Date :
DISCOUNT SCHEDULES