Term and Conditions for Appointment of distributors for marketing of Hafed Consumer Products

  • 1 The supplies to the distributor will be made on F.O.R basis, if the indented quantity is in the multiples of canter/ truck load.
  • 2 The goods will be supplied to the distributors against 100% payment through bank draft drawn in favour of hafed.
  • 3 The Retail Sale price will not exceed the MRP fixed by hafed From time to time.
  • 4 Replacement of hafed products on account of complaint regarding quality and packing will be made only after certification of genuineness of such complaints by hafed officers no replacement will be given of the stocks after their expiry date.
  • 5 Hafed will have the right to make direct supply of goods to cooperative Societies, state and central agencies /institutions in the area of distributors and he will not be entitled to any commission on this account.
  • 6 The distributors is supposed to have all the requisite licenses and follow the statutorv provisions relating to his business, For any violation on this account,Hafed will be not be responsible.
  • 7 The distributor will be required to deposit interest free security of Rs.5000/
  • 8 Distributor shall be required to arrange proper display of hafed products and keep reasonable inventories to maintain the supply line> he must create necessary infrastructure (delivery Van Etc.)for ensuring timely supplies and he will achieve monthly sales targets set for him in sace , he fails to achieve the targets for three consecutive months, his disbutorship is liable to be canceled
  • 9 Hafed reserves the right to alter /armed or change these terms and conditions from time to time without prior notice
  • 10 For violation of any of the aforesaid terms and conditions or non achievement of targets ,Hafed reserves the right terminate the distributorship after giving a notice of one month similarly ,distributor can also choose to get the distributorship cancelled after giving one month notice to hafed.
  • 11 All distributors between hafed and the the distributor touching or arising out of the agreement for distributorship or the subject matter thereof (expect as to matters, the decision where of has been specifically provided here in before ) shall be referred to the arbitration of the Managing director ,Hafed,Panchkula or any person nominated by him and the decision of such arbitrators shall be final and binding on both the parties

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