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Logistic Partner Agreement – I Tigershop.com
This Logistic Partner (LP) Agreement (the “Agreement”) is made on TODAYDATE at-New Delhi
BETWEEN:
M/s. Rural Innovation Labs Private Limited, a company incorporated under the Companies Act, 1956, having its registered office at “7th Floor, Plot 14A, Viom Building, Sector 18, Maruti Industrial Complex, Gurgaon-122 015 and Corporate Office at D-2, 5th Floor, Southern Park, Saket Place, Saket, New Delhi-110 017 (hereinafter referred to as “RIL / Franchisor”, which expression shall, unless it be repugnant to the context or meaning thereof, mean and include its successors, executors, administrators, legal representatives and permitted assigns) of the One Part
AND
Mr / Ms. FULLNAME, S/o. / W/ o SNAME R/o RNAME
(hereinafter referred to as the “Logistic Partner (LP)”, which expression shall, unless it be repugnant to the context or meaning thereof, mean and include his respective heirs, nominees, executors, administrators, successors, legal representatives and permitted assigns) of the Other Part.
Both RIL and the Logistic Partner (LP) shall hereinafter be collectively referred to as “Parties” and individually as “Party”.
Whereas:
And Whereas, RIL has established substantial reputation and goodwill and have acquired intellectual property (IP) rights in the said business. Whereas the Logistic Partner (LP) desires to do the said business maintaining the identity and the reputation of RIL’s network identified by the name and symbol. And whereas the Logistic Partner (LP) recognizes the benefit and desires to deliver the services, confirming the standards and the uniform system of the said business.
Now this agreement witnesseth as follows:-
(a) To permit the Logistic Partner (LP) to operate and promote the business under the trade name “iTigershop.com” in accordance with the terms of this Agreement.
(b) To provide to the Logistic Partner (LP) with the entire know-how and assistance in carrying out the said business.
(c) To roll out products and / or services from time to time through this centre as per specifications defined by RIL.
To intimate revenue sharing models to the Logistic Partner (LP) from time to time for its various services / products. RIL will decide the commission module on sale of products or services as per Annexure-1.
(a) That the “iTigershop.com” is an exclusive brand name/domain of RIL as granted under this agreement to be used exclusively and irrevocably within the specified territory and the Logistic Partner (LP) is not to dispute/claim or impugn the validity of the said brand name/domain.
(b) To comply with and follow exactly RIL methods of operating the said business and the manner in which the same is to be carried out and in accordance with the system as implemented by RIL and not to claim any right of ownership to the brand name of RIL.
(c) To ensure that the he is well equipped with adequate infrastructure and resources to fulfill all the obligations contained herein.
(d) To engage such number of staff of skilled and competent people that will be required for the successful operation of this business and also to ensure that such staff including their time to time replacements is trained in the system for carrying out RIL business operation effectively.
(e) To use only such signs, display materials, promotional literature, equipment and other items in connection with this e-business as approved in writing by RIL.
(f) Not to operate this e-business or any part of the system at any location other than the premises approved by RIL, without RIL’s approval in writing.
(g) Not to sell, assign, transfer, charge, hypothecate or sub-license the business and / or the brand name thereof, without the prior written consent of RIL in accordance with the terms of this Agreement.
(h) Not to use or publish any advertisements, signs, direct entries or other forms of publicity at the premises without prior written consent of RIL.
(i) Not to use any of the intellectual property rights of RIL as part of its corporate or business name other than in accordance with the terms of this agreement.
(j) To be solely liable for any claim, monetary or otherwise arising out of any wrongful, illegal or fraudulent use of the portal and / or the products / services provided by RIL.
Rural Innovation Lab Pvt. Ltd; Logistics Partner
“7th Floor, Plot 14A, Viom Building, STREET
Sector 18, Maruti Industrial Complex, TEHSIL, DISTRICT
Gurgaon- 122015 (Haryana). STATE, POSTCODE
Email Id: info@itigershop.com EMAILID
Tel.:- 0124 6633400 TELEPHONE
In witness whereof, the parties hereto have duly signed the same on the date mentioned hereinabove.
For Rural Innovation Lab Pvt. Ltd; Witnesses:
(Director/Authorized Signatory) 1.
For M/s………………………………………………..
2.
(Proprietor/Authorized Signatory)
Annexure-1
Job Role, Revenue Source and Obligations
Entry Fees: - Rs.2,000/- (Non Refundable)
Role:- Re-distribution & Logistics (Forward delivery, reverse pickups, and Returns to Origin)
These retailers will be primarily from following sectors
Payout:-
Product margin- Will vary from product to product and category which will range from 1.5% to 15%
Logistic margin- Between RIL and Logistics Partner
Obligations
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Regular Price: Rs.1,250
Special Price Rs.299