This Agreement is signed on _____ between Active World, a Direct Selling Entity having its Registered Office at Berhampore, Murshidabad, West Bengal, India.PIN - 742101 (hereinafter referred to as the "Direct Selling Entity" or "Company"), which expression shall include its successors, administrators, liquidators, assigns, and legal representatives of the FIRST PARTY;
AND
Shri/Smt. ______ aged __ years, S/o D/o W/o ______, House/Post ______, Street ______, Area ______, District ______, State ______, PIN ______ (hereinafter referred to as the "Direct Seller"), which expression shall include his/her heirs, executors, administrators, assigns, and legal representatives of the SECOND PARTY.
The Company hereby appoints the Independent Distributor/Direct Seller to market, promote, and sell the Company's products in accordance with the terms and conditions mentioned in this Agreement.
The Distributor agrees to:
The Company agrees to provide:
The Distributor shall earn commissions and bonuses based on sales generated.
Compensation shall be governed strictly according to the Company's Compensation/Business Plan.
Payments shall be made as per the Company's payment schedule and policies.
This Agreement shall commence from the Effective Date and remain valid until terminated.
Either party may terminate this Agreement by providing 30 days' prior notice.
The Company reserves the right to terminate the Agreement immediately in case of:
The Distributor shall maintain confidentiality of all Company information.
The Distributor shall not misuse the Company's:
Unauthorized use of Company intellectual property is strictly prohibited.
This Agreement shall be governed by the laws of India.
Any dispute arising under this Agreement shall first be resolved through mediation in Berhampore, West Bengal, India.
If unresolved, the matter shall be settled through arbitration as per applicable Indian laws.
If the performance of obligations under this Agreement is prevented or delayed due to events beyond reasonable control, including but not limited to:
then neither party shall be held liable for such delay or non-performance during the affected period.
Services under this Agreement shall resume as soon as reasonably possible after such event ceases.
This Agreement constitutes the complete understanding between the parties and supersedes all previous oral or written agreements related to the subject matter.
Signature of Applicant/Distributor
Sign and Seal of Active World.
Name ______ Signature ______
Name ______ Signature ______
This Agreement ensures clarity and mutual understanding between the Company and the Independent Distributor and establishes a professional framework for their business relationship within the Direct Selling Industry.