Terms and Conditions
This Ready Buy Independent Distributor(s) Agreement shall be deemed to
be effective and valid from the date of confirmation of a Parson as an
Independent Distributor of Ready Buy Private Limited.
By successfully executing the Form, You hereby agree to be bound by the
terms and conditions of this Ready Buy and give Your irrevocable consent to the
process of selling the products of Ready Buy in the manner specified herein,
and any appropriate changes that may be made to the terms and conditions of
this Agreement by Ready Buy, including due to any legal or regulatory
requirement, business emergencies, instructions from any judicial
body or due to any calamity beyond the control of Ready Buy, Its
affiliates and associates or for any other reason.
For the resolutions of this Agreement, the term "You" and
wherever the context so requires "Your" shall mean any natural or
legal person who is an Independent Distributor· The term Person includes any
resident individual, sole proprietorship, organization, corporation,
company, partnership, limited liability company, limited liability partnership,
joint venture or any other resident entity or organization. It is herein
clarified that this Agreement shall stand automatically terminated In the event
of termination of the partnership deed of an Independent Distributor, if such
Independent Distributor Is registered as a partnership firm with Ready Buy.
You acknowledge that you have read, understood and agreed to be bound by
the Agreement at all times. By executing the Form, You have also agreed and
accepted to be bound by the terms and conditions Incorporated In this
“Agreement”. If you do not wish to adhere to the terms and conditions herein,
please do not execute the Form or forthwith terminate this Agreement In
accordance with Clause 11. It is clarified that the Independent Distributors
shall exclusively market, sell and distribute only the Products available in
www.readybuy.in, using the company name and business process.
1. Subject to this
Agreement, Ready Buy hereby appoints the Independent Distributor and the
Independent Distributor hereby accepts its appointment. On a
principal-to-principal, non-exclusive basis to use, promote and resell the
Products.
2. Upon executing the
Form, You agree to registering on the www.readybuy.in with a unique distributor
ID and password. You agree that you shall not be entitled to register with more
than one Account on the Website for any reason whatsoever without company
consent. In the event Ready Buy has reason to believe that you or any Person on
behalf of you activated more than one Account without company consent, this
Agreement shall deemed to be terminated. In the event this Agreement is
terminated for any reason whatsoever, the Independent Distributor shall not be
eligible to apply for a position as an Independent Distributor, for a
period of 6 (Six) months from the date of termination or for such a
period decided by Ready Buy.
3. Within 15
(Fifteen) days from the day of executing this Form, You agree to submit the
physical copies of the following documents to Ready Buy at its any of the
registered offices. In the event Ready Buy does not receive the Registration
Documents within the aforesaid 14 (Fourteen) days period, the Form shall be
deemed to be terminated and Your Account shall automatically stand terminated,
without any further liability on Ready Buy. Further, Ready Buy may reject the
Form, In whole or part for any reason, at its option, Including but not limited
to the Form containing Incomplete, inaccurate, false or misleading information.
Any alteration or modification of the Form wilt be subject to rejection. For
the avoidance of doubt, this Agreement shaII be effective end valid from the
date of acceptance of the Form by Ready Buy submitted by You along with: (a)
Duly completed version of the Form; (b) Photograph; (c) A
self-attested PAN card 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. The Independent
Distributor(s) hereby confirms that he/she has entered into this Agreement as
an independent contractor. Nothing in the Agreement shall establish an
employment relationship, or any other labor relationship between the
independent Distributor(s) and Ready Buy. This is not an exclusive arrangement
from Ready Buy and Ready Buy reserves the right to enter an arrangement similar
to the arrangement expected under this Agreement with other Persons, at its
discretion.
5. VERIFICATION: You
hereby irrevocably grant a right to Ready Buy to conduct document verification
and a background verification on you and your business activities if required.
6. TERMINATION: Breach
of this Agreement will lead to Termination of the Agreement. Upon termination
of this Agreement, the Account of the Independent Distributor shall be
de-activated automatically and He/she/it shall return, within a period of
2 (Two) days from the date of termination, the marketing material, confidential
information of Ready Buy, Including any copies thereof, and shaII immediately
stop using the trademarks, trade names. Brand names, service marks or logos of Ready
Buy for the promotion and sale of the Products. Upon termination of this
Agreement, in the event that You have not Paid any sum or sums which are due
and payable to Ready Buy, either in the capacity of the Independent Distributor
or other Wise, Ready Buy shall have the right at its sole discretion to reduce
Your indebtedness by setting off against each indebtedness any sums due and
payable to You by Ready Buy or any of its affiliates. Either of the parties to
this Agreement may terminate the Form and this Agreement, without cause, by
giving the other Party a written notice.
7. PAYMENTS: All
payments as applicable must be made by online transaction or by bank deposit to
company Bank accounts. Ready Buy has not authorized any
representatives or leaders to collect cash from any individual for product
purchase. The pay-outs to the Independent Distributor(s) shall be as per the
"Ready Buy Business Plan". Any incentive indicated as payable/paid to
the Independent Distributor by Ready Buy under the Business Plan Is inclusive
of all Service tax and other taxes/levies on the transaction, the independent
Distributor must make requisite arrangements to pay all applicable taxes. Ready
Buy shall be entitled to deduct tax deducted at source, at applicable rates
from time to time.
8. Ready Buy shall not
be responsible for the conduct of the Independent Distributor for any reason
whatsoever.
9. REFUND POLICY: If
the delivered product is found defective while delivered the customer should
immediately contact the customer care and report the issue and arrange to send
back the product for replacement of the product. Once the product is
found unsatisfactory customer can send back for refund within 30 days from the
receipt of the product. (Dress Materials and other related items should be
inspected before removing its tags or making any alteration to smoothen the
refund policy and procedures. consumable products payback will be based on the
balance quantity available while submitting for refund. Refund will be done
only after product received in the company office and after inspection)
10. Distributors will be automatically terminated and removed from all company records and all the pending payments will be blocked if the independent distributor engages in promotion of similar competitive business similar to Ready Buy.
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