The company is involved in research, production, marketing and sales of various plant growth promoters, pesticides & fertilizers. The company is interested in marketing its products and is willing to appoint a dealer for selling its products. Both parties agree to the following terms:

General Terms

This agreement may be terminated by either side with one month’s written notice and settlement of all accounts.
The company will supply its products to the dealer for marketing strictly in the allotted territory.
The dealer must have valid licenses from the concerned authorities to conduct the relevant business.
Damage, breakage or leakage must be reported within 3 days of receipt. Claims will be verified by company staff.
No verbal commitments are binding unless confirmed in writing and signed by both parties.
The dealer shall actively promote and sell Bilss Agro India Pvt. Ltd. products in the territory as per the given targets.
Company branding and publicity materials must be displayed prominently at the dealer’s premises.
Dealer shall not sell products above the maximum retail price recommended by the company.
Payments by cheque are valid only from the date proceeds are realized.
Credit facility up to 45 days may be given against a letter of guarantee or credit. Delay beyond this will attract 18% interest p.a.

Payments & Financial Terms

The company may adjust payments towards any earlier dues.
All payments must be via cheque/demand draft. Cash is only valid if deposited at company sales offices against an official receipt.
RTGS Details: Bilss Agro India Pvt Ltd, IDFC FIRST Bank, A/C No: 10105239344, Branch: Sangli, IFSC: IDFB0042662.
The dealer must sell products only in original packaging and shall not misuse company trademarks.
The dealer is responsible for all taxes and levies (Sales Tax, Octroi, Excise, bank charges, etc.).
A register of company certificates issued must be maintained and made available to company officials on demand.
A refundable security deposit of ₹25,001/- at 15% p.a. interest must be provided, with a minimum lock-in of one year.

Dealer Obligations

The company may appoint additional dealers in or near the territory if the dealer’s performance is unsatisfactory.
The dealer must maintain adequate stock levels and achieve a minimum turnover of ₹2,00,000 per year.
Financial investment at any time should be at least 10% of the annual sales target.
No changes or overwriting in this agreement are valid unless signed by both parties.
The dealer must maintain proper infrastructure (manpower, office, godown, vehicles, etc.) for smooth operations.
The dealer will comply with all statutory/legal formalities required.
The dealer agrees to keep confidential the company’s schemes and strategies.
Monthly statements of accounts must be reconciled and confirmed within 15 days.

Jurisdiction

This agreement is subject to the jurisdiction of Sangli, Maharashtra.