Appointment of Distributor
SCOPE OF WORK
The Company ReinTech® (ReinTech Electronics Pvt. Ltd.) here-in-after called “The Company” shall offer their various products to the Distributors for its selling, promoting in the territory authorized.
The Company shall appoint you as Distributor for the region: _____________and you will be authorized to sell Company’s products within your authorized territory/region.
1.The monthly target of selling product is to be assessed and would be fixed mutually. The target committed is to be completed on monthly basis and the performance would be reviewed on quarterly basis. The monthly target of Distributor is 10lac.
2.In the case of service part Distributor can hire a technician on contract basis which is paid by company.
ORDER OF SUPPLY
Company will arrange to supply the product as per requirements to be given in order form time to time during the period of contract, to the given destination by any mode of transportation. Order for supply of product will be the Distributor’s responsibility and the logistics/transportation charges will be borne by them.
RATE OF PRODUCTS
Company shall supply the products at the notified prices and Distributor would be intimated immediately on any revision of the price.
All Distributors have to submit their KYC documents i.e., PAN Card, Aadhar Card, Security Cheque, GST Certificate, billing address proof (electricity bill) etc.
All Distributors have to release 50% payment (Cheque/NEFT/RTGS) while placing order and balance 50% payment before dispatch of goods.
TERMS OF APPOINTMENT
Initially you will be appointed as Distributor for the region: __________________for One Year. But the same can be extended, if performance is found good/up to the mark. However in case of unsatisfactory performance of this contract may set aside the contract/appointment by giving 30 days notice.
In case of any disputes, matter shall be tried to resolve by mutually agreed arbitrator.
In case of any disputes, which remained unresolved in arbitration proceedings shall be referred in the appropriate court at Noida, Uttar Pradesh only.
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