Super Stockist Agreement India

15. At the expiry or the old provision of this agreement, the distributor provides all stocks of unsold goods, accounting documents and other Agency documents to the contracting entities with the expiry or the old provision of this agreement, and pays the contracting entities the costs of scarcity or inventory shortfall at list prices less commissions authorized by the distributor. 13. The distributor guarantees a minimum sale of the value of Rs……. per year. If the sale fails by 25% or more in the two consecutive years, the contracting entities may terminate this contract. 11. The rights of this contract are not transferred or transferred to another person unless the contracting powers have received written authorization in advance. 14. Each party may terminate this contract by giving the other party a three-month period. Accounts between the parties are definitively settled and adjusted during the above three-month period.

17. This agreement is executed in two copies. The original is kept by the contractors and duplicated by the distributor. 16. In the event of a dispute between the parties or in the context of the agreement, the agreement is referred to the exclusive arbitration of an arbitrator who can be appointed by mutual agreement by the parties. The adjudicator`s proceedings in awarding the award are consistent with or amend the Indian Arbitration and Conciliation Act, 1996. The arbitrator`s decision is final and involves the parties. 3. The trader occasionally sets the sale price in agreement with the awarding entities and proceeds to sell the company`s products for cash listings.

Now it is here by agreement between the parties as sub: 7. The distributor keeps all cash sales and keeps records of all sales and transfers the amount it receives each Saturday to the contractors. The distributor can pay the commission up to ……… Percent, during the transfer of the proceeds of the sale. The distributor sends weekly reports on sales, net realization, stock, etc. to the contractors. The trader is entitled to ……… Commission on the sale price of products made on the basis of accounts it holds.

Thank you, for example. I`ll use it. of this ACCORD to ………. thereupon……… Day of ……… 2000, between M/s ……… a partnership company based in ……… (hereafter referred to as “the contractors”, which is the expression, unless, repugnant in the context, are considered the partners for now and from time to time form this partnership company, the survivor of them, the legal representatives, heirs, executors and administrators of these latter survivors) of the ONE PART and M/s ……. Owner Shri……………… (called here in the “distributor” which is the expression, unless it is repugnant in the context, are considered its heirs, directors, executors, legal representatives, successors and beneficiaries of the assignment) of the other PART. Ltd., for the whole of India and under the agreement of the …….. executed between ………

Ltd. and contractors are empowered to agents, distributors for the marketing of products of ……… Ltd., as the company. CONSIDERING that the distributor of M/s… ……………… has a big showroom… and asked the contractors to designate them as distributors for the marketing of the company`s products. CONSIDERING that the directors have agreed to appoint M/s……….

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