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The
below mentioned and
undersigned representatives
of
AsiaTradeHub.com,
a unit of, Matrix
net-on-line Ltd., situated
at 312A- Jyoti Shikhar,
District. Centre, Janak Puri,
New Delhi - 110058 India (hereinafter
referred to as "AsiaTradeHub"
on
the one part
And
M/s_____________________________
_____________________________
_____________________________
(hereinafter referred to as
" * ")
on
the other part
On
dated
have made the
following agreement.
Article
1
1.
" AsiaTradeHub"
undertakes to develop on the
contractual territory India
Legal agency activity for
(" * ") in the
spirit of developing
Business relations. "AsiaTradeHub"
activities according to
contract to promote ("
* ") product range from
(products you deal in)
supply to all related
Facilities in India.
2.
In the Contractual territory
(" * ") has right
to conclude regarding the
contractual subject direct
business transactions,
however the copy of all
direct dealing will be
provided to "AsiaTradeHub"
for local support.
3.
"AsiaTradeHub"
will undertake discussions
on the behalf of (" *
") with local supplier
/Partners and long term
business opportunities and
other services agencies to
support (" * ") to
support business activities.
"AsiaTradeHub"
will inform all discussion
with such Parties to ("
* ") and such
association will be
finalized only subject to
final clearance from ("
* ").
4.
"AsiaTradeHub"
will support (" *
") to locate local
partners for technologies
transfer, assembling
support, technical support
and will undertake marketing
planning etc. for (" *
").
5.
(" * ") gives
authority
to("AsiaTradeHub"
to represent them self as a
Authorized Representative /
agents in India for ("
* "), related to
products they deal in and
permitted too.
Article
2
"AsiaTradeHub"
will exercise his agent's
activity with professional
care and to this aim they
will especially:
a)
"AsiaTradeHub"
will promote (" *
") and introduce their
products through their
business-to-business portal
to their regular clients as
well as to registered buyers
on regular basis.
b)
Ensure sales and see to
their enlargement and
increasement of the volume
according to the
instructions of (" *
").
c)
"AsiaTradeHub"
will mediate business
transactions only clients of
good reputation where there
is guarantee of fulfilling
of the obligations. ("AsiaTradeHub")
will follow the economic and
property situation of the
clients till the payments of
the cost price and will
inform (" * ")
d)
"AsiaTradeHub"
will send to (" *
") regularly minimally
yearly marketing analyses
and informations on the
contractual subject and
inform (" * ") on
sale possibilities.
e)
"AsiaTradeHub"
will help the staff of
(" * ") - who will
visit the contractual
territory - by advice and
arrange meetings,
presentations,
participations in exhibition
and all other services
required during their stay
to promote the (" *
") in Contractual
Territory.
F)
"AsiaTradeHub"
will inform (" *
") on all circumstances
that might have influence on
the sales (regulations
concerning prices, customs,
pricing etc.) and will
supply (" * ")
with recommendations to
remove obstacles and
difficulties, which might
result from situation at
that time in order to
protect (" * ")
interest to procure the
orders in the contractual
territory.
g)
If necessary, "AsiaTradeHub"
shall introduce (" *
") to experienced local
manufacturers and/ or
contractor with good
reputation, and steel
structure processing
facilities, so that ("
* ") could be
competitive by utilizing
local resources.
h)
"AsiaTradeHub"
will not inform third person
/ party which "AsiaTradeHub"
received in relation with
fulfilling this agreement
unless this concerns
information meant by ("
* ") to be passed on to
the clients.
Article
3
"AsiaTradeHub"
is not entitled to make on
behalf of (" * ")
and to her account any legal
actions without a special
full power given in writing,
especially to sign
contracts, to approve damage
claims etc.
Article
4
Obligations
of the (" * ")
1.
(" * "), will
supply sufficient product
information, technical
details, the company
brochure / product brochure
in sufficient quantity to
promote aggressively.
2.
(" * "), will
provide all promotional
cost, bidding cost etc. in
case (" * ") agree
to participate in bidding
process.
3.
"AsiaTradeHub"
undertake to co-operate with
(" * ") in the
field of publicity and
promotion of the subject of
the agreement and to assist
(" * ") during
participation in fairs and
exhibitions in the
contractual territory. The
expenditure must be arranged
by (" * ").
4.
"AsiaTradeHub"
undertakes to take full care
of the publicity material
"AsiaTradeHub"
receive from (" *
"), to distribute it
efficiently and to ensure
that it is not abused by the
competition.
5.
(" * ") will
furnish quotes (prices) with
minimum 3 months validity
along with the relevant
details to "AsiaTradeHub".
And in case want to change
any terms & conditions
will inform "AsiaTradeHub"
well in advance.
Article
5
1
Each party will pay itself
its own postage, telegraph
and other expenses resulting
from this agreement.
2.
If it is necessary -
according to the valid
regulations in the
contractual territory - to
register this agreement with
the authorities the agent is
obliged to provide for the
registration at his costs
and after expiration of the
contract "AsiaTradeHub"
is obliged to provide for
the deletion from the
register files and to inform
(" * ") about on
this. During his agent
activity "AsiaTradeHub"
is responsible for
respecting legal rules and
regulations valid in the
contractual territory.
3.
This agreement does not
create an employment for
"AsiaTradeHub".
4.
"AsisTradeHub"
have not the right to
register for herself the
firm's name (" *
") even after
cancellation of this
agreement.
5.
"AsiaTradeHub" has
no right to code wholly or
partially his own rights
following from the present
agreements to third party,
however authorized to
appoint consultant, if and
when need to help "AsiaTradeHub"
for promotion of (" *
") Product range in
contractual territory.
Article
6
1.
"AsiaTradeHub"
agrees for association on
commission basis, which will
be paid subject to
successful business. The
percentage shall be
determined according to the
contract price and will be
decided after mutual
discussion between "AsiaTradeHub"
and (" * ") before
quoting price offer to the
client. (" * ")
committing the commission to
"AsiaTradeHub" at
that point of time along
with payment terms etc.
2.
(" * ") agree to
pay some promotional cost to
"AsiaTradeHub".
Subject to justification of
such advance requirements to
promote (" * ")
products in Indian
Territory.
3.
In case of longterm
contracts or of contracts
with regular payments - for
instance payments in short
installments - an adequate
payment for commissions from
received payments will be
agreed between (" *
") and "AsiaTradeHub".
4.
The commission will be paid
by (" * ") within
30 Days from receiving the
payment from the client -
that means to the Bank
account about which ("
* ") will be informed
by the "AsiaTradeHub"
in writing, or another way
of payment may be agreed
between the "AsiaTradeHub"
and (" * "). The
commission will be paid in
the currency used by the
foreign client for payments
to (" * ").
5.
The commission covers all
claims of the agent
connected with his mediation
work, however additional
expenses may required and
such expenses will be
decided at the time of
contract finalization will
be included in commission
part.
Article
7
1.
This agreement is valid for
a period of 3 years and can
be prolonged by mutual
agreement.
2.
This agreement can be
cancelled before the time
for which it has been signed
either
a)
by mutual agreement or
b)
loss of the trade licence of
any of the party, in case of
declaring bankruptcy or
compounding procedure or in
case of the loss of
possibilities to realize of
this agreement through his
mediation. The notice is
realized by a registered
letter to the last known
address of the second
contractual parties. The
notice is made in time when
it was posted before the
beginning of notice term.
Article
8
The
relations resulting from
this contract and legal
consequences related to it
including the questions of
its validity or its
invalidity are governed by
the Indian La
Article
9
All
disputes which might arise
in connection with this
agreement will be settled in
an amicable way in the first
place. If the parties of
this agreement will not
reach an accord by friendly
discussion all disputes will
be referred to three
arbitrators who will be
appointed and will act in
accordance with Rules of
Arbitration Court of India.
Both parties undertake to
carry out the award of such
arbitration and take it for
final.
This
agreement is made in 2
copies for each party in
English language.
Date:
.
Authorized
Signatory
Director
for AsiaTradeHub.com, a
unit of,
("
*
")
Matrix net-on-line Ltd.
(
* ) Please write down your
company Initials.
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