DIRECT SELLER(S) AGREEMENT
This Rich Vision India (RVI) Direct Seller(s) Agreement (*Agreement*) shall be deemed to
be effective and valid the date of confirmation of a Person as
an Direct Seller of RICH VISION INDIA E-COMMERCE MULTISERVICES PRIVATE LIMITED (RVI)
Pursuant to execution of the Direct Seller Form, by RICH
VISION INDIA, which shall be deemed be incorporated hereunder. By successfully executing
the Form, You hereby agree to be bound by the terms and
conditions of this Agreement and give Your irrevocable consent to the process of selling
the products of RICH VISION INDIA(*Products*) in the manner
stipulated herein, and any appropriate changes that may be made to the terms and
conditions of this Agreement by RVI, including due to any legal or
regulatory requirement, business exigencies, instructions from any judicial or a
quasi-judicial body or due to any natural calamity beyond the
reasonable control of RVI, its Affiliates and associates or for any other reason. For
the purposes of this Agreement, the term “You” and
wherever the context so requires “Your” shall mean any natural or legal person who is a
Direct Seller, as defined in Section 1.1 and 3.7 of the “Policies
and Procedures” document. The term Person included any resident individual, sole
proprietorship, unincorporated association, unincorporated
organization, body corporate, it is herein clarified that this Agreement shall stand
automatically terminated in the event of termination of the Account
(defended below) of such Direct Seller on the Website shall be automatically terminated,
unless expressly permitted otherwise otherwise by RVI. You
acknowledge that you have read, understood and agreed to be bound by this Agreement at
all times. By executing the Form, You have also agreed and
accepted to be bound by the terms and conditions incorporated in the “Policies and
Procedures”, “RVI Marketing Guidelines” and “RVI Business Plan”
(*Policies*), which has been accepted by you shall be deemed to be a part this
Agreement, and in the event of any conflict between this Agreement and any
aforesaid Policies, this Agreementshall prevail. If you do not wish to adhere to the
terms and conditions herein or any of the terms of the Policies, please
do not execute the Form or forthwith terminate this Agreement in accordance with Clause
11. It is clarified that the Direct Sellers shall exclusively market,
sell and distribute only the Products of RVI, unless otherwise expressly agreed in
writing by RVI.
1. Subject to this Agreement, RVI hereby appoints the Direct Seller and the Direct Seller
hereby accepts its appointment on a principal-to-principal, nonexclusive basisto use
promote and resell the Productsin India.
2. Upon executing the Form, You agree to register on the RVI website, available at
(www.richvisionindia.com) (*Website*)with a unique Direct Seller ID
and password (*Account*). In the event of any discrepancy between the terms of
thisAgreement and the Website, the terms of this Agreementshall
prevail. You agree that you shall not be entitled to register with more than one Account
on the Website for any reason whatsoever. In the event RVI has
reason to believe that You or any Person on behalf of You has activated more than one
Account, this Agreement shall forthwith be deemed to be terminated.
In the event this Agreement is terminated for any reason whatsoever, the Direct
Sellershall not be eligible to apply for a position as an Direct Seller, for a
period of 6 (Six) months from the date of termination or for such period as RVI may in
itssole discretion decide.
3. Simultaneousto or within 15 (Fifteen) daysfrom the date of execution of the From, You
agree to submit the physical copies of the following documents
(*Registration Documents*) to RVI at its registered office located at (Mention Details)
and the same shall be acknowledged by RVI
Directin writing:
a) Duly executed version of the from; b) Photograph;
c)A self-attested PAN copy;
d)A self-attested cancelled blank cheque, as of the date
of execution of the form; and e) A self-attested copy of the address
proof.
4. In the event RVI does not receive the Registration Documents within the afore-said 14
(Fourteen)days period, the Form shall be deemed to be terminated
and Your Account shall automatically stand terminated, without any further liability on
RVI. Further, RVI may reject the form, in whole or part any reason,
at its discretion, including but not limited to the form containing incomplete,
inaccurate, false or misleading information. Any alteration or modification of
the Form will be subject to rejection. For the avoidance of doubt, this Agreementshall
be effective and valid from the date of acceptance of the form by RVI.
5. The Direct Seller(s) hereby confirms that he/she has entered into this Agreement as an
independent contractor. Nothing in the Agreementshall establish
an employmentrelationship, or any other labour relationship between the Direct Seller(s)
and RVI. Thisis not an exclusive arrangementfrom RVI and RVI
reserve the right to enter an arrangementsimilar to the arrangement contemplated under
thisAgreement with other Persons, atits discretion.
6. Upon any modification and alteration of the agreement or the Form, the latest revised
version of the agreementshall be effective and binding on the
Direct Seller(s) on the earlier of
(a) It being reflected on the Website; or
(b)In any communication sent to the Direct
Seller(s) by RVI. Continuation by the Direct Seller(s) to perform its/his/her
obligations under this agreement or
non-termination of the agreementsin accordance with in accordance with the process
detailed hereunder, shall be deemed acceptance to the modified or
changed agreement or form
7. Upon any modification or alteration of the Agreement or the form, the latest revised
version of the Agreement shall be effective and vending on the
Direct Seller(s) on the earlier of
(i) It being reflected on the Website or
(ii) In any communication sent to the
Direct Seller(s) by Rich Vision India. Continuation by the Direct Seller to perform
its/his/her obligations under this
Agreement or non-termination of the Agreement in accordance with the process detailed
hereunder shall be deemed acceptance to the modified or
changed Agreement or form.
8. Rich Vision India shall not be responsible for the conduct of the Direct Seller for
any reason whatsoever. Additionally, Rich Vision India shall be solely
responsible for any complaint, dispute, and claim regarding the Products sold by the
Direct Seller.
9. REPRESENTATIONSAND WARRANTIESOF THE DIRECTDISTRIBUTOR The Direct Seller hereby
represents and warrantsthat:
(I) He/She is authorised under applicable law to enter into and execute thisAgreement;
(ii) He/She is not an existing Direct Seller
of Rich Vision India;
(iii) He/She has not entered into an agreement with other
third party which conflicts with its obligations hereunder; (iv) He/She has taken and
completed all statutory legal, regulatory, corporate and other approvals as may be
required for the transactions contemplated under thisAgreement;
(v) The personal information submitted to Rich Vision India by the Direct Seller under
the Form or the Accountittrue and accurate to the best knowledge of
the Direct Seller;
(vi) He/She (or its directors, as maybe applicable) is not part
any ending civil or criminal proceedings under any count of low; and (vii)He/she has not
read,
understood and agreed to be bound by the terms and agreed to be bound by the terms and
conditions of the Policies, as applicable.
10. OBLIGATIONS
The Rich Vision India Direct Seller hereby undertakes and covenantsthat he/she shall:
(I) Ensure thatthe Policies are adhered to at
all time;
(ii) Ensure that the pricing of the Products are not above the maximum
retail price of the relevant Product; (iii) Ensure that he/she does not
represent the Product in any manner other than as provided in the respective Product
brochure; (iv) Ensure that the he/she does not infringe
the intellectual property rights of Rich Vision India (v) Ensure that the he/she does
not misrepresent the benefits, side -effects, constituents
or ingredient of the Products; (vi) Ensure that the he/she I in compliance with
applicable law at all times;
(vii) Ensure thatthe personal information provided to
Rich Vision India during the validity of this Agreement and the Account istrue and
accurate to the best
knowledge of the Direct Seller;
(viii) Ensure that he/she conducts him/her in a
workmanlike manner, without causing any harm to the reputation of Rich Vision India or
its Products;
(IX) Shall not enter into any arrangement similar to the arrangement contemplated under
this Agreement with any other entity or Person during the term
of thisAgreement;
(X) Shall provide a compliance certificate on a quarterly basis,
as may be required by Rich Vision India; (Xi) Maintain the confidentiality of
the information provided by Rich Vision India at all times;
(Xii) Not use market
orsell the Productsin any manner which may
(Xiii) Not modify, reverse engineer or
after the Products and the intellectual property rights of Rich Vision India in any
manner whatsoever.
11. TERMINATIONAND SET-OFF
(I) Either of the partiesto thisAgreement may terminate the Form and thisAgreement,
without cause, by giving the other party a written notice.
(ii) Upon termination of this Agreement, the Account of the Direct Seller shall be
de-activated automatically and he/she/it shall return, within a period of
2 (Two) days form the of termination, the marketing material, confidential
information of Rich Vision India, including any copies thereof, and shall
immediately stop using the trademark, trade names, service marks or logos of Rich Vision
India for the promotion and sale of the Products.
12. PAYMENT
1. All payment as applicable must be made by demand draft in favour of M/s. RICH VISION
INDIA E-COMMERCE MULTISERVICES PVT. LTD. payable
at Talegaon Dabhade,Pune. Cash payments may only be accepted at the corporate office of
Rich Vision India and other offices (Branches) designated time to
time. Additionally, Payment will also be accepted through normal banking channels.
2. The pay-outsto the Direct Seller(s)shall be as per the “Rich Vision India”. The
co-applicant acknowledges and agrees than Rich Vision India Directshall
deal exclusively with the primary applicant in respectin respectto all business matters
and also pay the pay the pay-outs and/or any other incentives to and
in the name of the primary applicant. The Direct Seller(s) shall directly comply with
the confidentiality obligations provided under the Policies and
Procedures of Rich Vision India. Any incentives as payable/paid to the Direct Seller(s)
by Rich Vision India under the Business Plan is inclusive of all
service tax and other taxes/levies on the transaction The Direct Seller(s) must make
requisite arrangements to pay all applicable taxes. Rich Vision India
shall be entitled to deducttax deducted atsource, at applicable ratesfrom time to time.
13. PRICINGANDAVAILABILITY
1. Rich Vision India the right, at its discretion, to change the prices and availability
of the Products without prior notice. The price of each Productrepresents
the full retail price of the Product, reflected in Indian Nation Rupees, as perstandard
industry practice and isinclusive of all applicable charges, cess, levies
and taxes, unlessspecified otherwise.
2. Rich Vision India hastaken due care to ensure accurate Product and pricing
information. In the event there is any errorin the pricing ofthe Product
ortypographical error on the availability and Product information, Rich Vision India
shall have the right, at its discretion, to either contact You for
instructions or cancel Your order and notify you ofsuch cancellation.
14. MARKETINGANDUSEOF BRANDNAME
1. The Direct Seller(s) shall, at own cost expense, carry out marketing and promotional
activities as may be required for the purpose ofsale of the
Products,subject to such Direct Seller(s) following the Rich Vision India Marketing's
Guidelines. For the avoidance of doubt, it is clarified that no
marketing material may be used or created by the Direct Seller(s) for marketing,
displaying to selling the Product withoutthe prior written
approval of Rich Vision India
2. Rich Vision India hereby grants the Direct Seller(s) a limited, royalty-free,
non-exclusive, non-transferable, revocable right or license to use Rich
Vision India trademarks, trade names, brand names, service marks or logos solely for the
use of the same in marketing the Products, during the
term ofthisAgreement.
5. INTELLECTUALPROPERTY
1. The Direct Seller(s) acknowledges that the intellectual property rights with respect
to the Products will respect to the Products will remain
the exclusive property of Rich Vision India. Neither the Direct Seller(s) nor any of its
representatives or agentsshall or copy the design of the
Products, trademark, trade name or other proprietary notices, symbols, marks or labels
appearing on the Products or otherwise infringe the
intellectual property rights of Rich Vision India. This Agreement does not grant right
of ownership in the Products to the Direct Seller(s). The Direct
Seller(s) hereby acknowledgesit will not remove any copyright or other proprietary
rights notices contained in the Products or marketing material
provided to it by Rich Vision India and shall not make application to any authorities
for registration of any intellectual property rights for any work
created using the logo of Rich Vision India or any other property belonging to Rich
Vision India. No rights in the products are granted to the Direct
Seller(s) except the limited license contained in this Agreement. Any right, title or
interest arising in any compilation or derivative work created
using the intellectual property rights of Rich Vision India shall not entitle the Direct
Seller(s) to use such intellectual property rights, except as
specifically permitted hereunder. All rights in Rich Vision India derivative or
compilation work created by Direct Seller(s) using the intellectual
property rights of Rich Vision India shall vest entirely with Rich Vision India.
2. The Direct Seller(s) agrees to promptly notify Rich Vision India in writing upon its
discovery of any unauthorized use or infringement or
potential infringement of the intellectual property rights in the Products by third
Party.
16. INDEMNITY
The Direct Seller(s) hereby indemnifies and agrees to keep Indemnified and harmless Rich
Vision India, its officers, employees, directors,
shareholders, customers and agents from and against any and all claims, damages, costs,
expenses, including attorney'sfees, arising out of or in
connection with
(i)Branch ofrepresentation warranties and covenants under thisAgreements; (ii)Branch of
applicable law;
(iii)Use/misuse/infringement of the intellectual property rights of Rich Vision India;
and
(iv)Non-compliance with the Rich Vision India Marketing Guidelines, Policies and
Procedures and the Rich Vision India Business Plan. The Direct
Seller(s)shall pay the indemnity amount to Rich Vision India within 14 daysfrom the date
of request.
17. LIMITATIONOF LIABILITY
Rich Vision India does not provide a warranty, implies or otherwise, on the Productsto be
purchases by the Direct Seller(s) and shall not be liable for
the Products in any manner whatsoever. Notwithstanding anything to the contrary
contained in this Agreement or the Form, in no event shall
Rich Vision India be liable to you or any other party seeking damages under this
Agreement or the Form, whether in contract, tort (including
negligence ) or otherwise, for any special, indirect, incidental, punitive or
consequential losses, damages costs or expenses whatsoever, including
without limitation damagesrelated to loss of profits or of contracts, losses of business
or of revenues, losses of operation time or goodwill or
reputation. Rich Vision India aggregate liability under or in connection with this
Agreement or the Form (whether in contract, tort including
negligence or otherwise),shall in no event exceed the incentive paid to the Direct
Seller(s) by Rich Vision India in the immediately preceding 2 (Two)
months, from the data the claim arises.
18. NOTICE
All notices, requests and other communications under this Agreement shall in writing, in
English. Any notice or information/document or
communication to be served under this Agreement may be served upon either party hereto
only by email or courier or posting by registered post
or delivering by hand or through facsimile transmission. The notice or demand to be
served on the party should atits address,facsimile number
mentioned in the form
19. GOVERNING LAW AND JURISDICTION
1. ThisAgreementshall, in allrespects be governed by and construed in accordance with the
law of India and subjectto Clause 20 below, the courts
at Maharashtra shall have the sole and exclusive jurisdiction to entertain any disputes
that may arise hereunder.
2. The parties hereto undertake to use their best efforts resolve amicably any dispute
arising out of or in connection with this Agreement or the
From and the interpretation thereof through consultation in good faith and mutual
understanding. Provided that such consultation shall not
prejudice the exercise of any right or remedy of ether party hereto by any such party in
respect of any such dispute.
20. ARBITRATION
1. In the event the parties hereunder are unable to resolve a dispute through amicable
settlement pursuant Clause 19 above within [15 (fifteen)]
daysfrom the date a party raises a dispute. The dispute shall be submitted to final and
binging arbitration at the request of either of the parties upon
written notice to that effectto the other.
2. Such arbitration shall be in accordance with the Arbitration and Conciliation Act,
1996 and shall be held at Maharashtra. All proceedings of such
arbitration shall be in the English Language. The arbitration shall be conducted by a
sole arbitrator to be appointed in accordance with the
provisions of the Arbitration and Conciliation Act, 1996. If the parties are unable to
manually agree upon the sole arbitrator within [30(thirty]) days
from the date of request for arbitration by either party, the arbitration panel shall
consist of 03(three) arbitrators, with Rich Vision India and the
Direct Seller(s) empowered to appoint one arbitrator each and the third arbitratorshall
be appointed by two other arbitrators.
21. FORCE MAJEURE
If Rich Vision India performance or any of its obligations hereunder is
prevented,restricted with by reason of fire, flood or other casualty, accident,
illness,strike or labour disputes, war or other violence, any law or regulation of any
Government, or any act or condition whatsoever beyond its
reasonable control (each such occurrence being hereinafter to as “Force Majeure
Event''), then Rich Vision India shall be excused from such
performance to the extent of such prevention, restriction and interference. Payment
obligations of the Direct Seller(s) to Rich Vision India under
this Agreement shall not be subject to this Clause 21.
22. SEVERABILITY
in case any one or more of the provisions contained in this Agreement or the From shall,
for any reason, be held to be invalid, illegal or
unenforceable in any respect,such invalidity, illegality or unenforceability shall not
affect the other provisions of this Agreement or the From, and
relevant provision shall be construed as if such invalid, illegal or unenforceable
provision had never been contained herein. Any invalid or
unenforceable provision of this Agreement or the from shall be replaced with a
provision, which is valid and enforceable and most nearly
reflects the original intent of the unenforceable Provision
23. CONFIDENTIALITYAND NON-DISCLOSURE
1. The Direct Seller(s) shall during the term of this Agreement and thereafter keep all
information and other materials exchanged with Rich
Vision India in relation to the transactions contemplated by this Agreement confidential
(including all information concerning the business
transactions, business model, client, marketing material, Product details/information,
customers, prospective customers and the financial
arrangementsrelating Rich Vision India ) which was either designated as confidential or
which was by its nature, confidential (the “ Confidential
Information''), and shall not working the prior written consent of Rich Vision India
such information to any other person or use such Confidential
Information other than for carrying outthe purposes of thisAgreement.
2. Forthe purposes of thisAgreement, Confidential Information shall not include: (a)
Information that isin the public
domain as on the date ofthisAgreement;
(b)Information that is generally available to the public otherwise than as a branch of
this Agreement; and (c)Information thatthe Direct
Seller(s) is under an obligation to disclose, pursuant to any applicable law. However,
the Direct Seller(s) shall provide sufficient documentary
evidence to the Company regarding the specific requirement under the applicable law.
3. No announcements or other disclosures concerning the transactions forming the subject
matter of this Agreement or any terms and conditions
hereof shall be made by the Direct Seller(s), without agreed by Rich Vision India in
writing.
24. ENTERAGREEMENT
This Agreement, the Form, including the Policies hereto, constitutes the entire agreement
between the You and Rich Vision India, and shall
supersede any and all previous agreements. Written or oral by the parties hereto in
relation to the subject matter hereof.
25. REFUND POLICY 1.CUSTOMER REFUND POLICY
Retail customers are guaranteed 100% product satisfaction within 30 days from the date of
purchase of the product. a.Retail customers can
obtain a new replacement for any defective product from the Direct Seller(s). b.Retail
customers can cancel the purchase,return the
products and obtain a full refund from the Direct Seller(s).Rich Vision Indiareservesthe
rightto rejectrepetitive product returns.
2.BUYBACK FROM DIRECTSELLER (S)
Rich Vision India shall buy back any unsold, saleable Rich Vision India products (other
than literature) that has been purchased within the
previous twelve months from any Rich Vision India Direct Seller(s) who terminates his
Rich Vision India Direct Sellersship.
a.The products should be returned with relevant invoices and should be unopened and in
saleable condition and must be purchased in the
previoustwelve months.
b.Upon receipt of these items, reimbursement will be issued to the distributor for the
full amount paid for the returned product by the distributor,
less 15% processing fee.
c.Shipping charges, service tax and sales tax paid on the original order will not be
reimbursed. Rich Vision India will deduct the
amount of commissions or any other earnings, benefits paid on the returned products from
the appropriate Direct Seller(s) and adjustranks as
needed.
3.PRODUCT STOCKINGAND INVENTORY LOADING
Every Direct Seller(s)shall ensure that at least 70% of the products purchased in the
prior order are retailed before placing the next product order
with the company.
a.Direct Seller(s) should keep accurate records of monthly sales to their customers and
must be produced upon company's requestfor inspection
b.Products previously certified as having been sold, consumed or retailed shall not be
subject to repurchase under the Buy back scheme.
c.The Buy back policy is designed to ensure thatthe Direct Seller(s) are buying products
wisely
26. COOLING OFF PERIOD
A 7 working days Cooling-Off Period will be extended to customers for products
transacted. During this period, the customer/Direct Seller(s)
need not pay any deposit forthe purchase made.
27 - DEFINITION OF TERMS
Active Direct Seller(s) – A Direct Seller(s) who satisfies the minimum Personal Business
Volume requirements as set forth in the Rich Vision India
Business Plan. Cancellation - Termination of an individual is Direct Seller(s)
Agreement. Cancellation may be either voluntary or involuntary.
Company - The term “Company” as it is used throughout these Policies and Procedures, and
in all Rich Vision India Material, means RICH VISION
INDIA E-COMMERCE MULTISERVICES PVT. LTD. Downline Organization – A Direct Seller(s)
Downline Organization consists of all Direct Seller(s)
below him/her. Downline Organization Report - A report generated Rich Vision India that
provides critical data relating to the identities of Direct
Seller(s) and sales information of each Direct Seller(s) Organization. This report
contains proprietary trade secret information. (See Section 3.6.2).
Direct Seller(s) - An Individual who has executed a Direct Seller(s) Application and
Agreement, which has been accepted by Rich Vision India.
Direct Seller(s) are Required to meet certain qualifications and are responsible for the
training, motivation, support, and development of the
Direct Seller(s) in them Respective Downline Organizations. Direct Seller(s) are
entitled to purchase Rich Vision India products at wholesale
prices, enroll new Direct Seller(s), and take part in all Company Direct Seller(s)
programs. Direct Seller(s) Agreement - The Term Direct Seller(s)
Agreement, as used in the Policies and Procedures, refers to the Direct Seller(s)
Application and Agreement, Rich Vision India’s Policies and
Procedures, and the Business Plan. Involuntary Cancellation - The termination of Direct
Seller(s) Agreement, which is initiated by Rich Vision
India. Level - The layers of Downline Direct Seller(s) in a particular Direct Seller(s)
Downline Organization. This term refers to the relationship of
Direct Seller(s) relative to a Particular upline Direct Seller(s), determined by the
number of Direct Seller(s) between them who are related by
sponsorship. Official Rich Vision India Material - Literature, audio or video tapes, and
other materials developed, printed, published, or
distributed by Rich Vision India. PAN Number - Permanent Account Number (PAN) is a
ten-digit alphanumeric number, issued in the form of a
laminated card, by the Official Rich Vision India Material - Literature, audio or video
tapes, and other materials developed, printed, published, or
distributed by Rich Vision India. PAN Number - Permanent Account Number (PAN) is a
ten-digit alphanumeric number, issued in the form of a
laminated card, by the Income Tax Department, for filing the taxes. Sales Volume (SV) -
The incentive able value of products purchased by a
Direct Seller(s) Introducer - A Direct Seller(s) who brings another individual into Rich
Vision India as a Direct Seller(s). TDS - Tax Deducted at
Source will be applicable on incentives Earned as per the Income Tax rules. Upline
Organization - Your Sponsor & their Sponsor & so on.
Voluntary Cancellation - The termination of a Direct Seller(s) Agreement instituted by
the Direct Seller(s) who elects to discontinue his/her
affiliation with Rich Vision India for any reason.