agreemet kanpur

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AGREEMENT FOR SUPER STOCKIST Agreement between ALKUSH INDUSTRIES having its registered office at Anand Palace, Airport Road, DAMAN-396 210 through its Managing Director .(FIRST PARTY) AND M/S. BHAVYA AGROEDIBLES 200 Rajendra Puram, Nauubasta , KANPUR NAGAR U.P. INDIA AND Office Address. 73/5 Collector ganj 208001 Kanpur U.P. INDIA (SECOND PARTY) Whereas the first party is a manufacturing unit at plot No -32,sec- 1B ,IIE, Ranipur, Haridwar & second party deals in business of FMCG products as a Super Stockiest whose office is situated at above address. NOW THIS AGREEMENT WITNESS IT IS HEREBY AGREED BY AND BETWEEN BOTH THE PARTIES HERE TO AS FOLLOWS: 1. Whereas the second party is hereby appointed as Super Stockiest for the ( Kanpur, Kanpur dehat, hamirpur, Fatepur , Farukkhapur, Kanoj , Etawa, Mainpuri ) IN Uttar Pradesh state of this Agreement. 2. That Super Stockiest while selling the principal’s goods will not make any representation in the trade or give any warranty other than those committed in the Principal brochure or confirmed in writing by the Principal. 3. The stock from Principal towards the Super Stockiest will be sent on sale invoice and Super Stockiest will be provide destination basis with transit insurance.

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Page 1: Agreemet Kanpur

AGREEMENT FOR SUPER STOCKIST

Agreement between ALKUSH INDUSTRIES having its registered office at Anand Palace, Airport Road, DAMAN-396 210 through its Managing Director .(FIRST PARTY)

AND

M/S. BHAVYA AGROEDIBLES 200 Rajendra Puram, Nauubasta , KANPUR NAGAR U.P. INDIA AND Office Address. 73/5 Collector ganj 208001 Kanpur U.P. INDIA (SECOND PARTY)

Whereas the first party is a manufacturing unit at plot No -32,sec-1B ,IIE, Ranipur, Haridwar & second party deals in business of FMCG products as a Super Stockiest whose office is situated at above address.

NOW THIS AGREEMENT WITNESS IT IS HEREBY AGREED BY AND BETWEEN BOTH THE PARTIES HERE TO AS FOLLOWS:

1. Whereas the second party is hereby appointed as Super Stockiest for the ( Kanpur, Kanpur dehat, hamirpur, Fatepur , Farukkhapur, Kanoj , Etawa, Mainpuri ) IN Uttar Pradesh state of this Agreement.

2. That Super Stockiest while selling the principal’s goods will not make any representation in the trade or give any warranty other than those committed in the Principal brochure or confirmed in writing by the Principal.

3. The stock from Principal towards the Super Stockiest will be sent on sale invoice and Super Stockiest will be provide destination basis with transit insurance.

4. That the second party will do advance payment sum of Rs:51000-/- (In word :- Fifty One Thousand). Principal will Sale stocks as per requirement by Super Stockiest.

I) That in Commission for Super Stockiest discharging the functions mentioned above for the Principal. The Principal will pay of sale margin total @9% ( 6% margin, 2% transportation 1% go down charges).

II) IF CSA give to super stockiest against payment extra goods than super stockiest will reliable to balance payment within 20 days without any dispute. If super stockiest not pay timely balance payment than CSA will authorized to against action of super stockiest.

III) Its responsibility of super stockiest and first party responsible for per district one lac monthly sale.

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5. That Super Stockiest will sell the goods of the Principal only to the authorized /distributor as per the price list given by the Principal from time to time. I) That Super Stockiest will keep the record of sales & stocks and shall submit all

such details deemed necessary every month.II) Arrange for suitable premises to enables themselves to perform satisfactorily their

obligation under this agreement and for storage of the Principal’s product as are acceptable to the Principal.

III) Super Stockiest will provide such other facilities as the Principal will require from time to time.

IV) Super Stockiest shall pass on scheme; gift to Distributors with consult Concerned mangers and directions of Principal.

6. That the Super Stockiest will Transfer the payment in favor of:- our authorized CSA. 7. The Super Stockiest will execute all orders received from the Distributors within 48 hours

on receiving the order.

IV) That the Principal will give replacement or settle of the defective goods if the same is found defective due to manufacturing process. All such replacements will be sent to CSA within one month reasonable time. This replacement statement should be submitted to the principal every month.

8. That Super Stockiest will send their Monthly claim to Principal after verifying of concerned Manager in end of month.

9. That Super Stockiest will submit following documents regularly:-I) Monthly consolidated statement as per prescribed format of principal.II) Monthly sampling statement, trade promotion and offer statement etc (if any).III) Any other statement as may be require by the principal.

10. The Parties reserve rights to enforce the terms & Condition or the provision of this agreement at any time at the non compliance of the provision of this agreement.

11. No modification or amendment of this agreement shall be binding unless agreed to by both the parties in writing.

12. The agreement will be governed by the laws of India.

13. Any financial transaction carried out with the field staff or personal of the Principal form will be treated as personal transaction between the Super Stockiest and the concerned individual, the Principal will not be liable for any such transaction.

14. The Super Stockiest will hold the stock and the goods and all the records and documents pertaining to the transaction absolutely in proper order and harmless. The Principal shall not be liable towards any dispute, damages or cause of action arose between Super Stockiest and distributors and super retailers etc.

15. That if Super Stockiest fails to Principal with the terms and conditions of the agreement or unable to perform the business in the stipulated areas under this agreement , his appointment as Super Stockiest can either be amended or reduced or cancelled by giving one month prior notice .

16. It is agreed that principal shall not be liable towards any delay, breach or failure in complying with the terms and conditions of this agreement caused due to the act of God, Fire, Floods, Explosions, War, Civil commotion ,Strikes, Lock out and statutory prohibitions etc.

17. In case, Super Stockiest wishes to terminate this agreement, he will have to serve two months prior notice containing the reasons for terminating the agreement and in such situation, the principal shall have every right to appoint another Super Stockiest before the expiry of the notice period, the Super Stockiest will hand over all the records and due

Page 3: Agreemet Kanpur

payments to the principal and Super Stockiest will be fully responsible to settle entire accounts relating to the transaction under this agreement.

18. The Principal and Super Stockiest will Responsible for sale growth. Principal will be provide Field forces, POP, schemes and Advertising Material.

19. The Principal reserves the right to terminate the agreement with Super Stockiest herein before the expiry of the term and in such case, the Principal will have authority to transfer the due stocks as per his records to another Super Stockiest and the settlement of any type of dues will be made before the termination of the agreement.

20. Arbitrations: In the event of any dispute, controversy or claims arising out of or relating to this agreement or the breach, termination or invalidity thereof, the parties shall endeavor to resolve the same in an amicable manner is consonance with the spirit of the transaction recorded in this agreement. If, however, parties fail to resolve such dispute through discussion as above, the same shall at the request of either party, be referred to and settled by arbitration in accordance with. The provisions of Arbitration and Conciliation Act, 1996. The place of Arbitration shall be at Haridwar /DAMAN and the language to be used in such Arbitration Proceedings shall be English. Any judgment, decision or award of the Arbitrator shall be final and binding on the parties and shall be enforceable in any court of competent jurisdiction.

IN WITNESS WHEREOF THE PARTIES HERETO MAKE AND SUBSCRIBE THEIR RESPECTIVE SIGNATURES ON THIS DATE : 21/06/2014 this agreement will be effective after received payment.

Signed, Sealed & Delivered Sign, Sealed & Delivered

Director/Proprietor

M/S Alkush Industries M/s:

Presence of

1 Witness: 2- Witness:

Signature Signature