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1. Definition:
1.1 In this agreement the “Company” means ARL Parivar Multitrade
Limited. The “IBD” means the person who enters in an Agreement
with the Company and registers by way of first purchase of products..
The “PACKAGE” means the Product Range for First Purchase containing
Fabric products. The “PRODUCT” means the product of ARL brand,
other/imported brands FMCG products shown in our catalogue and other products
which may be added to the collection from time to time.
2. IBD’s Obligations: The IBD shall
2.1 Present and Market the products ethically and professionally.
2.2 The IBD endeavors to promote the sales of the products.
2.3 Comply fully with the Company procedures in accordance with the current
Rules and Regulations and ensure that IBD is always up to date with any
changes in the rules.
2.4 Pay for all orders only by Demand Draft.
2.5 Only purchase Products directly from the Company.
2.6 Not at any time and in any manner suggest or imply that he or she
is employed by or is an agent of the Company.
2.7 Not use the data for the benefit of another Company. For example,
selling another Company’s products or services to those registered
with ARL Parivar Multitrade Limited.
2.8 Not make any misinterpretation of the Company, in any manner.
2.9 Not operate as ARL Parivar Multitrade Limited’s IBD if you yourself
is working or are an IBD for a direct competitor.
2.10 Not engage directly or indirectly in an activity or sell other goods
which are in the same product category as Company’s product range.
2.11 No IBD shall sell Company’s Products, Services or Utilities
at a price exceeding the price as fixed by the Company.
2.12 Any payment collected by an IBD on behalf of Company, should be deposited
with the company before next closing of accounts. Failing which strict
disciplinary action leading to suspension / termination will be taken
& legal action can be initiated.
3. IBD Rights:
3.1 No IBD will be given an exclusive territory or exclusive franchise.
3.2 An IBD may cancel this agreement with immediate effect at any time,
notifying the Company in writing by registered letter.
3.3 Company’s Business Registration data is confidential. IBD may
not make this information available to any other person or entity.
3.4 The Company reserve the right to terminate this agreement at anytime
forthwith upon giving notice in writing to the concerned IBD.
4. IBD Status:
4.1 The IBD is not an agent, employee, partner or in joint venture with
the Company and the IBD must not represent themselves as such.
4.2 Under very special circumstances and upon extraordinary sales performance
& leadership qualities the Company may put forward an option to an
IBD to be Employee, Shareholder or Director of the Company. Any IBD who
has given this option may or may not accept the same.
4.3 All IBDs are responsible for their own business decisions and expenditure
and the Company will not be responsible for any loss, cost, claim or liability
put forward by a third party arising from their activities as an IBD.
5. The Company’s Obligations: The Company
shall
5.1 Use its best endeavors to supply the Company’s IBDs with the
current products ordered thru the Company.
5.2 Recompense the IBDs in accordance with the Marketing Strategy.
6. Commission:
Commissions will be calculated in 10 days cycle (3 times in month) and
accrued to the pertinent IBDs in respect to the packages promoted following
the compliance of the below mentioned guidelines:
6.1 Realization of payments made towards the package in its totality including
all fee and taxes.
6.2 TDS as applicable will be deducted from the commissions paid to IBDs
as per the income tax rules.
7. Transfer of Independent Business Distributorship:
This contract is personal and shall not be assigned or transferred by
the IBD.
8. Age:
The IBD must be at least 18 years of age.
9 Conflicts:
9.1 The parties agree to refer all their disputes and differences as may
arise to the interpretation of the terms herein or the performance or
breaches of either party, settlement of accounts and whatsoever other
disputes to arbitration under the provisions of the Arbitration and Conciliation
Act 1996.
9.2 The IBD will not hold liable in any way the person who has introduced
him / her into the Company’s Marketing Business. The IBD agrees
that his / her decision has been made directly by him / her and not under
any influence.
9.3 All judiciary proceedings if any will be in the jurisdiction of National
Capital Territory of Delhi.
10 Waiver:
The waiver by the Company of any breach or non-enforcement by the Company
of any terms and conditions of this Agreement shall not prevent the subsequent
enforcement of that item of condition and shall not be deemed a waiver
of any subsequent breach.
[THE COMPANY DOES NOT CLAIM HIGH OR EASY EARNINGS]
Declaration of Understanding, to be signed at the time of registration.
I do hereby declare and confirm that I am above 18 years of age. I have
read all the Terms and Conditions mentioned above and fully agree to abide
by the same. I understand that I am submitting my registration with the
Company for the Product and also may promote Company’s various products
in future. I willingly wish to become an Independent Business Distributor
for Product Marketing Business. I understand that commission will be calculated
on the basis of sale of products. Only by fulfilling the sales condition
the Company will pay me my due commission. I shall never over commit,
distort or misrepresent the Company in any form. I shall not hold the
Company liable in any form for my breach of rules. I shall make it clear
to the interested prospective IBD about the correct product pricing that
he/ she would like to purchase to become an IBD. I shall not make tall,
bogus or false claims of high & easy earnings.
STATUTORY INFORMATION
This is a traditional business of sale of products and
should not be looked as “get-rich-quick” opportunity in which
it is easy to achieve success with little or no expenditure of efforts
or time. Do not be misled by claims that high earnings are achieved easily.
Success in this business commensurate quality effort and time invested.
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