The below
mentioned and undersigned representatives of
AsiaTradeHub.com,
a unit of, Matrix net-on-line Ltd., situated at 26/25 IInd Floor, Old
Rajender Nagar, New Delhi- 110060 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.