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Mission Statement and Philosophy. Hind Biotech Inc. is dedicated to creating a profitable enterprise through manufacturing and marketing the finest quality organic fertilizer and by increasing awareness about natural soil management practices.

 

Terms and Condition for Distributorship


This document including the Distributor Application Overleaf, if fully Completed, signed by the applicant(s) and accompanied by payment of Rs.1999/- favoring Hind Biotech when duly accepted by Hind Biotech constituting the Distributor agreement (”Agreement”) between Hind Biotech and the applicant(s) whose signature and other identification date appear overleaf.

1. Hind Biotech appoints the overleaf - identified applicant(s) as distributor of Hind Biotech products and the applicant(s) (here in after individually and collectively referred to as the “Distributor”) accept(s) such appointment. Distributor may, on a non-exclusive basis, purchase Hind Biotech products from Hind Biotech, to resell, distribute and Market in the territory of India.

2. Distributor hereby confirms that he/she has entered into this Agreement as an independent contractor. Nothing in this Agreement shall establish an employment relationship, or any other labor relationship between the Distributor and Hind Biotech, and nothing shall establish the Distributor’s position as procurer, broker and commercial agent, contracting representative or other representative of Hind Biotech. When purchasing and selling Hind Biotech products the Distributor
shall act as an independent vendor, acting in his/her own name, at his/her own responsibility and his/her own account.

3. Distributor shall not sell any Hind Biotech product for a price exceeding the Maximum Retail Price. Distributor may charge, at his discretion, any price that is lower then the Maximum Retail Price indicated on the label of any product then applicable, price list issued by Hind Biotech.

4. Relation between Hind Biotech and Distributor and all his/her activities hereunder shall be governed, in addition to this Agreement, by the rules contained in 1) Hind Biotech Sales and Marketing Plan and 2) Rules of Conduct (hereinafter collectively referred to as “Official Documents”. The Distributor confirms that he/she has received a copy of Official Documents and has read the terms and condition thereof and agrees to be bound by them in addition to this Agreement. Hind Biotech may amend from time to time, through notice by publication in Print media and in house distributor circulations any of the terms and conditions of the Official documents. If any Distributor does not agree to be bound by such amendment he/she may terminate this Agreement within 45 days of such publications by giving a written notice to Hind Biotech. Distributor’s continued relationship with Hind Biotech would constitute an affirmative 1) acknowledgment by the Distributor of the amendment and 2) agreement by Distributor to abide and be found by this Agreement, Official Documents and its modifications.

5. This Agreement becomes effective from the date of acceptance by Hind Biotech of the applicant’s contractual offer in the forms of this Distributor Application to gather with the sum of Rs. 1999/-. Such acceptance shall be communicated by sending to the Distributor, a Distributor Identification Card or Company news circulations upon entering the particulars of the Distributor in Hind Biotech Distributor Database, whichever is earlier. The Distributor Identification Card is and shall remain the property of Hind Biotech and Distributor shall return it to Hind Biotech without any delay upon termination or expiration of this agreement.

6. The Co-Applicant/Second Authorized Representative acknowledge that Hind Biotech will deal exclusively with the Primary Applicant/First Authorized Representative in respect of all business Matters, and also pay commission and / or any other incentives to and in the name of Primary Applicant/Entry.

7. Hind Biotech will make all the payments on account of returns or refunds through account payee cheques drawn in the favors of Primary Applicant/Entity only.

8. The Distributor hereby express authorize Hind Biotech to make available, release and disseminate all or part of the information set forth herein to other Distributors within or outside of India.

9. This Agreement is effective for an initial definitive period of one (1) year, from the date of acceptance hereof by Hind Biotech. However, incase of acceptance by Hind Biotech of the Applicant’s contractual offer on or after September 1st, this Agreement will be effective till December 31st of the following year.

10. The Distributor may terminate this Agreement at any time by giving a written notice to Hind Biotech. Hind Biotech may terminate this agreement by giving a written notice (1) pursuant to the provisions of the rules of Conduct: (2) for reasons of non-performance and (3) for the breach of any terms and conduct of this agreement.

11. Hind Biotech may reject this application for any reason, at its discretion, including if the application contains incomplete, inaccurate, false, or misleading information. Any alteration or modification will be subjected to verification.

12. All Distributors are required to renew their distributorship for the following year on or before December 31 of each year. Hind Biotech reserves the right, at its complete discretion, to reject any application for renewal.

13. This Agreement is entered into on a personal basis and neither this agreement nor any of the rights or obligations of Distributor arising under this Agreement may be assigned or transferred without the prior written consent of Hind Biotech.

14. Hind Biotech’s liability, whether in contract, tort or otherwise arising out of or in connection with this agreement and/or relationship arising there from shall not exceed the lesser of 1) actual damages or loss assessed by the arbitrator as any other dispute resolution mechanism adopted by the parties or: 2) the total commission earned by the distributor during the preceding six months of the date of dispute.

15. Any dispute, differences or claim arising out of as in connection with this agreement shall be submitted to binding arbitration and shall be referred to the sole Arbitrator appointed in accordance with the rules and regulation of Indian Alternate Dispute Resolution as fast track arbitration. The venue of such arbitration shall be at Ghaziabad and the award of the Arbitrator shall be final and binding on all parties. The court at Ghaziabad shall alone have jurisdiction in relation to this Arbitration Agreement and any award arising there from.

Please note: To avail benefit of monthly commission on Group turnover, Distributors at level specified in Rules of Conduct as amended from time to time, must have personally done purchase of Hind Biotech’s Products for sale of at least 1100 B.V. during that month.
 

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