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TVA TRADE LINK LLP
Independent Distributor Agreement
1. The applicant must be 18 years or above of age and shall be competent to enter into contract as provided in the Indian Contract Act, 1872.
2.
TVA Trade Link LLP (herein
after referred as the “My Fishfa”) reserves all rights whether to accept the
application of applicant to become an Independent Distributor (herein after referred
as the “Distributor”) or reject whatsoever and it is final and binding on the applicant.
On selection as Distributor a unique identification no. will be issued. He/She
from thenceforth is eligible for certain incentives like Discount, Bonuses, Rewards
or any other income as detailed in the business plan of the My Fishfa.
3.
An individual can have
only one Distributor ID on his/her name with the My Fishfa.
4.
Distributor is a non-exclusive
contractor. Distributor is not an agent, employee, partner or legal
representative of the My Fishfa for any purpose whatsoever. He/She shall be
responsible for his/her own business and compliance of the central, state and
local statues and regulations and all applicable laws including any products
related laws.
5.
Distributor shall
abide by sales policy, Rules, Procedures, Terms and Conditions of the My Fishfa
in vogue or as amended anytime in the future.
6.
There is no any kind
of fixed income. Discount, Bonuses, Awards & Rewards etc. all are based on
the sale volume generated by the Distributor himself/herself as well by his/her
team and are calculated as per pay plan of the My Fishfa. My Fishfa reserves
the right to change Distributor Price of the products, Business Volume Points
(BV) and other components of pay plan and method of Pay Plan at any point of
time without prior notice.
7.
Power leg &
unmatched business volume in pay plan computation will get carried forward till
the end of financial year only (i.e. 31st March). With the start of new financial year, fresh
business volume only will be considered for all income pay-outs computation as
well for the computation of all awards & rewards shown in the applicable
distributor compensation plan.
8.
Without prior approval
from the My Fishfa, Distributor shall refrain from:
a) Promoting
My Fishfa’s products/activities through any form of advertisement.
b) Recruiting
new Distributor through any type of media.
9.
My Fishfa shall no way
be responsible for any past, present or future liability incurred by the Distributor
while conducting business with the My Fishfa.
10. Distributor can
purchase My Fishfa’s products at Distributor price and shall sale to customers
at MRP (Maximum Retail Price) printed on the product pack label.
11. All taxes, duties, government levies
applicable to sales made by the Distributor shall be payable by the Distributor
as per the procedure and law of the land.
12.Goods and Services Tax (GST) on the income of
the Distributor (if applicable) will be duly paid by the Distributor to the
Government on due basic as per applicable norms.
13. Any other taxes,
levies on and above the income of the Distributor earned from the My Fishfa
will be borne and duly paid by the Distributor to the concern authorities as
per applicable norms.
14.Distributor shall
promote My Fishfa’s products in accordance with the contents of My Fishfa’s
printed document & support material supplied by the My Fishfa and
prohibited to make any amendments thereto or revision thereof by the
Distributor.Distributor
will not make any false commitment or do any false advertisement about My
Fishfa’s products, if he/she do so, he/she is solely liable for any
consequences arising out of this.
15.Distributor will seek
prior permission of the My Fishfa before selling or supplying products to or
through E-Comm. Companies and Online Marketplace, as well through retail
outlet/shops.
16.TDS will be deducted
as per the prevailing rules and regulations formulated by the Government.
17.My Fishfa is having the absolute rights to
terminate the Distributorship, in the event of failure on part of the Distributor,
to comply with the terms and conditions, Rules and Regulations and code of
ethics without any prior notice.
18. Both My Fishfa as well
the Distributor can terminate this agreement with 30 Days prior notice to each
other. Upon termination of the distributorship, the Distributor will
immediately stop working as a Distributor of My Fishfa and his/her all income
from My Fishfa will be stopped with immediate effect.
19. Upon termination, he/she
will be paid all income till the date of termination. He/she will lose all type
of awards & rewards benefit, whether due, undue or due earlier from the
date of termination but pending for transfer or delivery on the date of termination.
20.A terminated
Distributor can join fresh with a new application only after 3 months from the
date of termination.
21.If terminated
distributor want to restart with the same distributor ID, he/she can restart
with My Fishfa permission only. Upon termination his/her distributor ID will be
blocked. Upon restart this distributor ID will be treated as fresh ID. Only
fresh Business Volume (BV) will be considered from the date of restart.
22. Return Policy:
a) In
case Distributor has received any damaged product, he/she can exchange it from where
he/she has got the delivery of the same within 7 Days of the delivery.
b) Distributor
can return unsold products to My Fishfa within 7 days from the date of purchase
with original Invoice as per return policy of the My Fishfa. Such products are
must be into resalable condition.
23.Cooling off Period: Distributor can surrender his/her business within 30 days from the date of sign up under Cooling off Period without any prior notice as well without any penalty being charged.
24.Distributor will never make any false claims of high incentives, income and about business opportunities. He/she has to communicate My Fishfa’s business plan in Toto without any changes.
25.For all purposes, only English version of printed material from the My Fishfa will be taken as an official copy.
26.Distributor is bound to resell, distribute and market My Fishfa’s products within the territory of India only.
27.My Fishfa is the authority to interpret the rules, regulations, instructions and sales policy applicable to and governing the conduct of the Distributor.
28.Before visiting any prospect, for product selling or business presentation, Distributor will always take prior appointment as well will carry his/her Distributor identity card.
29.If there is no any business transaction continuously for 1 Year, the Distributorship will be terminated.
30.Distributor cannot become distributor with as well actively participate in any role into activity of any other direct selling entity, violation of this will result into termination from being a Distributor with the My Fishfa.
31.Distributor must not make any negative or disparaging remarks about the My Fishfa.
32.My Fishfa reserve the right to change, modify and alter the business plan, rules, regulations, prices, terms, conditions and code of ethics without any prior notice or intimation to the Distributor.
33.The applicant should read, understand all the Rules, Policies, Terms, Conditions and code of ethics mentioned in this agreement and seek all clarification and explanations from his sponsor before signing up this online agreement.
34. Any dispute, differences or claims arising out of as in connection with this agreement is subject to Arbitration and shall be referred to the sole Arbitrator under the Arbitration Act and Rules. The venue of such arbitration shall be at Rajkot - Gujarat and the award of the Arbitrator shall be final and binding on all parties. The courts at Rajkot - Gujarat shall alone have jurisdiction in relation to this Arbitration Agreement and any award arising there from.
35.TVA Trade Link LLP is a Limited Liability Partnership Firm incorporated under The Limited Liability Partnership Act, 2008 and registered with the Registrar of Companies, and having its registered office at Rajkot - Gujarat. All disputes or differences shall be adjudicated upon by a court of an appropriate jurisdiction at Rajkot - Gujarat only.