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(INDIA)
PARTNER AGREEMENT
WITH
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THIS AGREEMENT is made and entered into this …….. day of ……Month Year 200..,
by and between PEOPLELINK CORPORATE SOLUTIONS PRIVATE LIMITED (referred
to herein as "PLCS"), located at 202-203, BMR COMPLEX, MIYAPUR, HYDERABAD,500059
and ……………………………………………("PARTNER"), located at ---------------------------------
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In consideration of the mutual promises contained herein, the parties agree as follows:
2.1 Use its best efforts and abilities to purchase, promote, market, distribute and
sell, at its own expense, the Products;
2.2 Provide competent customer service and technical assistance relative to the
Products, and obtain from PLCS adequate initial and ongoing training in the Products to be
able to provide such customer service and technical assistance; PLCS shall provide
reasonable consultation and assistance to PARTNER during normal business hours
addressing customer service and technical assistance issues that PARTNER is unable to
adequately address itself;
2.3 Conduct its business in a manner that reflects favorably upon PLCS and the
Products (including, but not limited to, conducting business in a way that does not cause any
harmful pricing practices to the market for the Products);
2.8 Operate its business in compliance with all applicable local and national laws
and regulations.
2.9. PARTNER shall not sell or re-distribute any Product outside the Territory
without the prior written consent of PLCS. Any such permitted sales shall comply fully with
all applicable local, national, and Indian export laws and regulations.
2.10 On or before the tenth day of each calendar month, PARTNER shall provide
PLCS a written statement of Products received during that the preceding month and
statement of products held in stock at month end including ageing of stock and a statement
of sales made in that month by Product and by destination.
3. OBLIGATIONS OF PLCS. During the term of this Agreement, PLCS agrees to:
3.1 Use its best efforts to deliver the Products necessary to fulfill all sales orders from
PARTNER.
3.2 Furnish and deliver to PARTNER reasonable quantities of Product samples, advertising,
promotional, technical literature/materials, and training information as are customarily made
available to PARTNER by PLCS.
3.3 Price Protection. If PLCS reduces the prices and/or rates contained in Exhibit A, price
protection will apply as follows:
3.3.1 PLCS will credit Partners account for reductions related to stock held in inventory by
PARTNER at the time the reduction comes into effect provided that:
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a)PARTNER has timely provided a monthly stock statement to PLCS on an ongoing basis pursuant
to Section 2.10 above;
b)PARTNER has taken delivery of the Products within the last 30 days and they remain in an
unwrapped, unopened condition;
c)PARTNER claims credit within 15 days of price reduction by means of a new offset order for an
equivalent amount of Product; and
PARTNER pays all freight and duties (if applicable)for returning Products;
After notification and request, PARTNER receives from PLCS a Return Material Authorization
(RMA) number prior to return
4. TERMS AND CONDITIONS OF SALE. It is agreed that PLCS shall sell the
Products to PARTNER solely upon the following terms and conditions:
4.1 Prices and Rates. PLCS shall sell the Products to PARTNER at the prices
and rates set forth in price list PLCS reserves the right to make changes to the attached price
and rate list upon thirty (30) day written notice to PARTNER. PLCS in its sole discretion
may offer PARTNER Product promotions, which may be amended or discontinued by PLCS
after thirty days' written notice to PARTNER.
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4.3 Purchase Orders. PARTNER shall submit purchase orders to PLCS for
the Products. All purchase orders for Products shall be sent by fax and or e-mail directly to
PLCS and shall include the description and quantity of the Products to be purchased, and the
address to which the purchased Products are to be shipped. All purchase orders shall be
subject to acceptance by PLCS and shall not be binding on PLCS until so accepted. PLCS
shall have the right to reject a purchase order in the event PARTNER fails to meet or
maintain PLCS established creditworthiness requirements. In the event of a conflict between
the terms of this Agreement and any purchase order submitted to PLCS, the terms of this
Agreement shall govern.
4.4.2 All invoices sent by PLCS to PARTNER for Products shall be due
net 30 days from the date of invoice in case the credit is granted otherwise Partner needs to
pay 100% advance. For the first 3 transactions PARTNER will have to pay 100% advance.
Unpaid invoices over 30 days shall be assessed and shall accrue interest at the lesser of (i)
3% per month (36% APR), or (ii) the highest rate permitted by applicable law. Invoices
unpaid after sixty (60) days may be submitted for collection, and PLCS may terminate this
Agreement in accordance with the provisions governing termination herein. PARTNER
agrees that it shall be responsible for any costs incurred by PLCS in collecting any amount
payable from PARTNER, including costs of court and reasonable attorneys' fees.
4.5 Changes or Discontinuance. PLCS reserves the right during the term of
this Agreement either to vary or to discontinue the sale or distribution of any of the Products
upon ninety (90) days prior written notice to PARTNER. PLCS shall incur no liability to
PARTNER by reason of any such change.
4.6 Credit. PLCS may, at its option and at any time, establish a credit limit for
Partners account and may refuse to provide Products to PARTNER if such provision would
cause Partners credit limit to be exceeded. PLCS may increase or decrease such credit limit
from time to time, in its sole discretion. In lieu of extending credit, PLCS, at its option, shall
be entitled to require from PARTNER a cash-in-advance deposit or a standby letter of credit
or other credit instruments prior to the supply of any Products.
4.7 Taxes, Duties, etc. PLCS prices to PARTNER do not include taxes, duties,
assessments, fees or other similar charges of any kind or nature that may be levied by any
governmental authority on the shipment and/or sale of the Products. The collection and
payment of all such taxes and fees shall be the sole responsibility of PARTNER, and
PARTNER shall indemnify and hold PLCS harmless from and against any and all such
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taxes, fees and charges. PARTNER represents and warrants to PLCS that all
Products acquired hereunder are for redistribution in the ordinary course of Partners
business.
4.8 Shipment. All Products sold to PARTNER shall be sold Ex Works PLCS
HYDERABAD. Upon the placement of the Products with a common carrier, the title and all
risk shall pass to PARTNER. PARTNER acknowledges that it is Partners sole
responsibility to pay all and any tariffs, taxes, duties, levies, and any other fee or charge
associated with the importation of the Products into the jurisdiction it designates for delivery.
Although PARTNER shall pay for all costs associated with the transportation and insurance
of the Products, PLCS shall arrange for such transportation and insurance of the Products.
PARTNER shall, at its own expense, take such steps as may be required to satisfy any laws
or requirements with respect to declaring, filing, recording, or otherwise rendering this
Agreement valid within any jurisdiction into which the Products are delivered pursuant to a
purchase order.
4.9 Cancellation of Orders. PLCS reserves the right to cancel any orders
placed by PARTNER and accepted by PLCS as set forth above, or to refuse or delay
shipment thereof, if PARTNER (i) fails to make any payment as provided herein or under
the terms of payment set forth in any invoice or otherwise agreed to by PLCS and
PARTNER, (ii) fails to meet credit or financial requirements established by PLCS, including
any limitations on allowable credit, or (iii) otherwise fails to comply with the terms and
conditions of this Agreement. PLCS also reserves the right to discontinue the manufacture
or sale of any or all PLCS Products at any time , and to cancel any orders for such
discontinued products without liability of any kind to PARTNER or to any other person. No
such cancellation, refusal or delay will be deemed a termination (unless PLCS so advises
PARTNER) or breach of this Agreement by PLCS
4.11 Acceleration for Default. PLCS reserves the right, upon written notice to
PARTNER, to declare all sums on open account immediately due and payable in the event
of a breach by PARTNER of any of its obligations to PLCS, including the failure of
PARTNER to comply with credit terms and limitations. Furthermore, PLCS reserves the
right at all time to vary, change or limit the amount or duration of credit to be allowed to
PARTNER, either generally or with respect to any particular order.
4.12 Price Adjustments. If the prices the PLCS Products are sold to PARTNER
have been reduced based on a representation or commitment by PARTNER that it will make
certain quantity purchases from PLCS, and PARTNER fails to make such purchases as
represented or committed, then PLCS may, in its sole discretion, adjust the prices to the
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otherwise appropriate price for the quantity of PLCS Products actually purchased, and
PARTNER will pay PLCS such price difference upon receipt of an invoice from PLCS for
such amounts.
4.13. Attornetys’ Fees/Interest. In the event that it becomes necessary for PLCS
to institute proceedings to collect sums owed by PARTNER for PLCS products purchased
hereunder, PARTNER shall be responsible for reasonable attorney’s fees and other costs
incurred by PLCS in connection with such proceedings. Interest shall accrue on any
delinquent amounts owed by PARTNER for PLCS Products at the maximum rate permitted
under applicable law.
5.1 Term. This Agreement shall become effective upon the date given above
and shall continue for a period of one (1) year, unless terminated earlier as set forth below.
Upon the expiration of the initial or any subsequent term, this Agreement may be renewed
for additional one-year periods upon the written consent of both PLCS and PARTNER,
subject to the terms and conditions of this Agreement and any amendments thereto.
5.2 Termination without Cause. Either party hereto may terminate this
Agreement without cause at any time by providing sixty (60) days written notice of
termination to the other party.
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5.4 Obligations at Termination. Upon termination of this Agreement the
PARTNER shall no longer be an authorized PARTNER for PLCS or its Products.The
PARTNER further agrees
(a) Neither party shall be liable to the other because of any termination of this
Agreement, including compensation, reimbursement, damages due to any loss of prospective
profits, anticipated sales, expenditures, investment leases, commitments in connection with
the business or goodwill of PLCS or PARTNER, or for any other reason whatsoever arising
out of such termination.
(b) The PARTNER shall promptly pay all amounts owing to PLCS, including
any amounts that might have become due at a future date because of deferred payment of
credit.
(c) All unshipped orders shall be cancelled without liability of either party to the
other.
(f) PARTNER will remove and discontinue the use of any sign or other
designation containing any of PLCS trademarks or trade names. Should such trademarks or
trade names by printed on any of the Partners letterhead or other written documents, the
written documents shall promptly be reprinted so al so remove any such trademarks or trade
names of PLCS.
(e) PARTNER shall return to PLCS all material containing any Confidential
Information relating to PLCS business or Products.
6. INDEMNIFICATION.
6.1 PLCS shall indemnify PARTNER against any claim that any Product as
delivered by PLCS directly infringed any third parties’ patent, copyright, or trade secret
under the laws of the India or any state of the India, If an infringement claim is asserted, or
it PLCS believes one is likely, PLCS shall have the right, but not the obligation: (i) to
procure a license from the person claiming or likely to claim infringement; (ii) to modify the
Product as appropriate to avoid the claim of infringement, as long as such modification does
not materially impair the operation thereof, (iii) to accept the return of the Product subject to
or likely to be subject to the claim, and to refund to PARTNER the price paid for it, less a
reasonable amount for any depreciation; or (iv) to assume the defense of any proceeding
with counsel of its choice, provided that PLCS will pay the costs thereof, and provided
further that PARTNER will cooperate fully with PLCS in connection with such proceedings.
THE FOREGOING STATES PLCS EXCLUSIVE OBLIGATION WITH RESPECT TO
CLAIMS OF INFRINGEMENT OF PROPRIETARY RIGHTS OF ANY KIND.
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6.2 PARTNER shall indemnify and hold PLCS harmless from and against any
and all claims, damages, and liability whatsoever asserted by any person or entity, resulting
directly or indirectly from (I) any breach of the Agreement by PARTNER or any of its
employees or agents; (ii) any claim that a Product sold by PARTNER infringes any third
party’s rights as used in combination with any other goods not supplied by PLCS; and (iii)
the negligence of the PARTNER or its agents, employees, or representatives in the
installation, use, sale or servicing any of the Products. Such indemnification shall include
the payment of al reasonable attorneys’ fees and other cost incurred by PLCS in defending
any such claims.
7.1 In the event the Products sold by PLCS to the PARTNER are defective in
any way, PLCS agrees to help the Partner to set up a Return with the Principal Company
although the One side Shipping cost needs to be Bourne by the Partner from there office to
the Principal Company’s Technical Support centre. The product warranty will be for a
period of One (1) years after PARTNER purchase date, to, at its sole option (i) provide an
appropriate adjustment in the sales price, (ii) repair any defective products, or (iii) replace
any defective Product. Prior to the return of any product claimed to be defective,
PARTNER shall first contact PLCS to obtain a return authorization number. Only returns
of Products accompanied by such a return authorization number shall be accepted for return.
7.4 PLCS reserves the right to change the warranty and service policy set forth in
its limited warranty for Products at any time without further notice and without liability to
PARTNER or to any other person.
7.5 PLCS liability to any person whatsoever arising out of or in connection with
any sale or use of any of the Products provided to PARTNER and/or its PARTNERs and/or
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retail customers hereunder, whether such liability arises from any claim based upon any
contract, warranty, tort or otherwise, shall in no case exceed the actual amount paid to PLCS
for Products delivered pursuant to this Agreement.
10. FORCE MAJEURE. Any delay in or failure of performance by either party under
this Agreement (other than payment obligations) shall not be considered a breach of this Agreement
and shall be excused if and to the extent it is caused by any occurrence beyond the reasonable
control of the party affected, including, but not limited to: acts of God or the public enemy; fire;
flood; embargoes; governmental restrictions; strikes or labor difficulties; riots; acts of terrorism;
wars or other military action; civil disorders; shortages of labor, fuel, power, materials, supplies or
transportation; or delays or interruptions in the production and delivery of the Products from the
manufacturer(s) or other delays or interruptions caused by third parties outside the control of the
parties. The affected party shall use reasonable commercial efforts to mitigate or eliminate the cause
of such delay or its effects. The affected party shall notify the other in writing promptly of any
failure or delay in, and the effect on, its performance under this Agreement.
12. NOTICE. All notices given pursuant to this Agreement shall be in writing and
addressed as set forth below. Addresses may be modified at any time by written notification to the
other party. Any such notice or other communication shall be deemed given and effective when
delivered personally, or by fax, or three (3) days after the postmark date if mailed by certified or
registered mail, postage prepaid, return receipt requested.
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If to Peoplelink Corporate Solutions Pvt. Ltd If to PARTNER
20-2-203,BMR COMPLEX -------------------------------------------------------------
MIYAPUR
HYDERABAD-500049 ------------------------------------------------------------
ANDHRA PRADESH
INDIA ------------------------------------------------------------
13.3 Waiver. The failure of either party at any time to require performance by
the other party of any provision hereof, shall in no way affect the full right to require such
performance at any time thereafter. Nor shall the waiver by either party of a breach of any
provision hereof be taken or held to be a waiver of any succeeding breach of such provision
or as a waiver of such provision itself.
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by
their duly authorized representatives.
PLCS ___________________________________________________
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