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Fmcg Super Stockist Agreement


11. The rights conferred by this contract may not be assigned or transferred to another person without the prior written consent of the procuring entity. 15. On the expiry or earlier of this contract, the distributor shall immediately supply the contracting authorities with all stocks of unsold goods, all books of accounts and other documents of the principals and pay the contracting entities for the lack or absence of stocks at list prices, less the commissions granted to the trader. (16) In the event of a dispute between the parties adcoming from or in connection with the agreement, it shall be referred to the exclusive arbitration procedure of an arbitrator who may be appointed by mutual agreement between the parties. The proceedings initiated by the arbitrator when awarding the award are in accordance with the provisions of the Indian Arbitration and Conciliation Act 1996 or an amendment thereto. The arbitrator`s arbitral award is final and binding on the parties. 14. Either Party may denounce this Agreement by a period of three months to the other Party. Invoices between the parties are definitively settled and adjusted within the aforementioned period of three months. (17) This Agreement is executed in duplicate. The original is kept by the principals and the duplicate of the distributor.

13. The dealer guarantees a minimum sale of a value of Rs. ……. per year. In the event of failure of the sale of 25% or more for two consecutive years, the contracting authorities may terminate this contract. 3. The distributor shall from time to time fix the retail price in consultation with the contracting authorities and shall sell the undertaking`s products against cash registers. 2. The trader works conscientiously and in a commercial type for the promotion and sale of the company`s products. 5. The dealer may not sell the goods, directly or indirectly, outside the district of the Agency. The distributor who sells the company`s products to persons in the trade undertakes in writing that the company`s products will not be resold outside the district agency and that these products will not be resold to the public below the fixed retail price.

1. Contracting authorities shall appoint M/s……. as the sole representative for the district of Agra for the purpose of advertising and selling the company`s products for a period of two years from the date of this Agreement, under the conditions set out in this Agreement. 12. In the event of a dispute between the distributor and a customer concerning the purchase of the undertaking`s products, the trader shall immediately inform the contracting entities, which shall inform the trader of the appropriate measures he must take in that regard. Thank you, for example. I will use it. 7. The trader shall make all cash sales and keep records of all sales and has transferred the amount he has received to the contracting authorities every Saturday. .

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