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    Agreement Between Manufacturer and Wholesaler

    Uploaded by

    AIYERR
    1. This agreement is between a manufacturer of toilet goods called A.B. Ltd. and a wholesaler called B.C. Partnership to push sales of the manufacturer's products in Northern India. 2. The manufacturer agrees to supply goods to the wholesaler on demand and send railway receipts through a nominated bank for payment collection. The wholesaler can return unsold goods within a month for a refund. 3. The agreement is for 5 years where the wholesaler exclusively sells the manufacturer's goods in designated states and receives commissions and bonuses on sales above a threshold. Any disputes will be resolved by arbitration in Mumbai.

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    © All Rights Reserved
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    Agreement Between Manufacturer and Wholesaler

    Uploaded by

    AIYERR
    83 views2 pages
    1. This agreement is between a manufacturer of toilet goods called A.B. Ltd. and a wholesaler called B.C. Partnership to push sales of the manufacturer's products in Northern India. 2. The manufacturer agrees to supply goods to the wholesaler on demand and send railway receipts through a nominated bank for payment collection. The wholesaler can return unsold goods within a month for a refund. 3. The agreement is for 5 years where the wholesaler exclusively sells the manufacturer's goods in designated states and receives commissions and bonuses on sales above a threshold. Any disputes will be resolved by arbitration in Mumbai.

    Original Description:

    deed

    Original Title

    Form_03

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    1. This agreement is between a manufacturer of toilet goods called A.B. Ltd. and a wholesaler called B.C. Partnership to push sales of the manufacturer's products in Northern India. 2. The manufacturer agrees to supply goods to the wholesaler on demand and send railway receipts through a nominated bank for payment collection. The wholesaler can return unsold goods within a month for a refund. 3. The agreement is for 5 years where the wholesaler exclusively sells the manufacturer's goods in designated states and receives commissions and bonuses on sales above a threshold. Any disputes will be resolved by arbitration in Mumbai.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
    Download as rtf, pdf, or txt
    83 views2 pages

    Agreement Between Manufacturer and Wholesaler

    Uploaded by

    AIYERR
    1. This agreement is between a manufacturer of toilet goods called A.B. Ltd. and a wholesaler called B.C. Partnership to push sales of the manufacturer's products in Northern India. 2. The manufacturer agrees to supply goods to the wholesaler on demand and send railway receipts through a nominated bank for payment collection. The wholesaler can return unsold goods within a month for a refund. 3. The agreement is for 5 years where the wholesaler exclusively sells the manufacturer's goods in designated states and receives commissions and bonuses on sales above a threshold. Any disputes will be resolved by arbitration in Mumbai.

    Copyright:

    © All Rights Reserved
    Download as RTF, PDF, TXT or read online from Scribd
    Download as rtf, pdf, or txt
    of 2

    No.

     3
    Agreement between Manufacturer and Wholesaler
    THIS AGREEMENT is made the . . . . . . . . . . . . . . . . day of . . . ., 20 . . , BETWEEN A.
    B. Ltd., a joint stock limited liability company being registered under the Indian Companies
    Act, 1956, having its registered office at No. 3 . . . . . Road in the city of Mumbai, (hereinafter
    called the ‘‘Manufacturer’’) of the one part, AND B. C. a partnership firm duly registered
    under the Indian Partnership Act, 1932 having its head office in Chandni Chowk, Delhi,
    (hereinafter called the ‘‘Wholesaler’’) of the other part.
    WHEREAS, the Manufacturers are making toilet goods and are desirous of pushing the
    sales of their products in Northern India and the Wholesalers are running their business in
    Delhi and several other towns in Northern India and are willing to undertake the exploitation
    of the said territory and push up the sale of the Manufacturer’s goods in the said territory.
    NOW, THEREFORE, IT IS AGREED AS FOLLOWS: 
    1. That the Manufacturer shall supply to the wholesaler all goods indented for at the time
    and place indicated by the Wholesaler.
    2.   That   all   goods   will   be   despatched   by   the   Manufacturer   per   Rail   and   the   Railway
    Receipt sent through some bank, nominated by the Wholesaler, with instructions to the said
    Bank to deliver the Railway Receipt on payment of the sum due.
    3. That all goods indented will be sold at listed price by the Wholesaler but on a discount
    of. . . . . . . . .to the retailers. No retail sales will be effected by the Wholesaler.
    4. That the Wholesaler will be allowed a commission of. . . . % on all listed prices.
    Railway freight will have to be borne by the Wholesaler.
    5. That the goods indented but not sold within one month of delivery will be returnable at
    the cost and risk of the Wholesaler and the actual price paid thereof refunded.
    6. That the Wholesaler will adequately advertise and appoint travelling agents, for which
    the Manufacturer shall pay a bonus of. . . . . . % on all sales above Rs . . . . . . . . . . . . . .per
    month.
    7. That the territory within which the Wholesaler will work shall consist of the States of. .
    . . . . . . . .and. . . . . . . .and all sales effected, whether through the Wholesaler or otherwise,
    within   the   said   territory   shall   be   credited   for   purposes   of   commission   and   bonus   to   the
    account of the Wholesaler.
    8. That the Wholesaler undertakes to sell within his territory, goods of the value of at least
    Rs . . . . . . . . . . . . . . lakhs per year. If, however, the sales in the first year fall short of their
    expectation by more than 25% this agreement will be, at the option of the Manufacturer,
    terminated.
    9. That the Manufacturer undertakes not to appoint any other person, firm or company
    as Wholesaler within the territory entrusted to the Wholesaler.
    10. That this agreement is made for a period of five years subject to the exercise of the
    option by the Manufacturer mentioned in clause 8 above and subject to the condition that
    the Wholesaler will not, during the currency of this agreement, sell or encourage the sale of
    toilet goods of any other Manufacturer.
    11. That the expressions ‘‘Manufacturer’’ and ‘‘Wholesaler’’ herein used shall be given
    the   widest   meaning   and   scope,   and   unless   inconsistent   with   the   context,   include   the
    representatives, successors and assigns of the parties.
    12.   That   any   dispute   or   difference   which   may   arise   between   the   parties   or   their
    representatives with regard to the construction, meaning and effect of this deed or any part
    thereof or in respect of any sales, indent of supply under this deed, or any other matter, will
    be referred to two arbitrators, one to be nominated by each party, and in case of difference
    of opinion between them, by the umpire selected by them. Such proceedings  shall take
    place in Mumbai.
    IN   WITNESS   whereof   the   parties   have   hereto   set   their   hands   and   seal   on   the   dates
    respectively appearing under their signatures.
    Witnesses:  Sd.
    A. B.
    1.  
     Manufacturer.
    2.
    Sd. C. D.
     
     Wholesaler.

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