Acknowledgment & acceptance.
1. I acknowledge, i know the name of the company i.e."HWM Marketing.". And it is a registered company.
2. I entered into this agreement as a distributor of HWM’s products. Distributor is a separate independent entity, associated purely on the present contractual term, and i have no power of authority to incur any debt, contracts, obligation or liabilities or to make any representation of any warranties on behalf of HWM
3. I acknowledge that it is a direct selling company whose aim is to sell their product through direct marketing. And based on promoting / offering of HWM marketing there by passing the middle man and passing on the benefits of such direct contact in the form of incentive to the distributer.
4. I also understood and agree that business presentation. I am satisfied about company, company products and services, sale and marketing plan, rules of conduct, code of ethics, policies etc.
5. I have not paid any money to any body to become distributor of company's product as company distributorship is free.
6. This agreement is not intended and shall not be construed to create a relationship of employer/ employee, agency, partnership or joint venture between any representative, sponsor, and/ or HWM marketing.
7. I am not going to get any fixed monthly salary or remuneration. I may earn income on the products sold by me in the form of commission according to the company's sales and marketing plan.
8. I have clearly understood that i will not get any commission from company until i will not sell the product to consumer.
9. If any person proves to be a liability for the HWM marketing the HWM marketing has full right to terminate him/ her without notice and HWM marketing will not liable for any claims whatsoever.
10. I have clearly understood that my success and failure in this business will entirely depend upon my personal skills and hard work and will be my responsibility.
11. I have personally visited company's outlet/franchisee with my sponsor and assessed company products. I am completely satisfied with quality and price of products.
12. I have understood that the only place where i have to submit the money to buy the products of company bank account or company's office. If i pay money to any body else company will not be responsible for that.
13. No claim will be accepted from any person regarding made/ weight/ company/ colour/ design/ dimension etc. Once the product delivered it can’t be taken back check the product at the time of delivery.
14. I have understood that in case of non-availability of product. Company will not responsible for this. This is the responsibility of your sponsor or who can introduced with the company.
15. I have understood that my customer can return the products by money back guaranty i sold to him/her with in the 30 days from the entry date. Company will return the money after deduction of vat (paid by company) from the distributor price. I can also return same product to company with a condition that product should be in resalable position. The company decision will be final in this matter
16. I have understood that the commission i may earn on product sold by me and my sale team is described in business presentation and also on company website www.hwmmarketing.com.
17. I have this information that whatever business i will do in any 1ST to 15 days and 16TH to 31ST days of the month. I will receive the commission on next 7 days through cheque or bank transfer.
18. I know that, according to the instruction given by indian govt., i will receive my commission after deduction of TDS (tax deduction at source)
19. I have understood that according to indian income tax act 1961. I have to submit a photocopy of my pan (permanent account number) in the company. Company will deduct TDS as applicable and submit it to income tax department, which i can claim at the time i file my income tax return. If i do not have a pan, then company will deduct 20% and admin charges also (this percentage can vary according to indian income tax rules and regulations) of my commission as a TDS and submit it to income tax department, which i can not claim at the time i file my income tax return.
20. I have thoroughly understood that to receive commission from the company, i must have a bank account in the same name by which i have applied for distributorship.
21. I have understood that i cannot sell HWM products for a price more than maximum retail price (mrp).
22. I have understood that HWM reserves the full and absolute right, at any point of time, even without any prior notice to change/vary/amend products, products price and ip. The HWM distributorship rules and regulation, code of ethics, sales & marketing plan, rule of conduct, product presentation of company.
23. I have understood that HWM has the full and absolute right to suspend or terminate the my distributorship in case i do not comply with the rules and regulation, code of ethics, sales & marketing plan, rule of conduct, product presentation given in www.hwmmarketing.com
24. If any distributor is found doing any other distributorship for another similar company during the same period, HWM marketing reserves all rights to terminate him/her and he/ she will not have any claims whatsoever against HWM marketing. That will bring negative effects to HWM marketing.
25. This agreement constitutes the entire agreement between the distributor and HWM marketing and no other additional promises, representation, guarantees or agreements of any kind shall be valid unless in writing and approved by HWM marketing.
26. The total cost inclusive all taxes but the transportations charges and local octroi charges will be paid by the distributor.
27. Every reward will be supplied to customer within two months from the date of clearing particular level for any misunderstanding contact HWM marketing directly. (no guarantee and warranty will be given for the free gift)
28. Reward plan, terms and conditions can changed at any time without notice to any distributor. Decision on all matters will be final and binding on all the persons/ distributor.
29. NMST pendant is not a medical device. It is not intended for use in the diagnosis of diseases or other conditions, or in the cure, mitigation, treatment, or prevention of diseases. Results very with every individual, and your results may or may not be different from those depicted. No promises, guarantees or warrantees, whether stated or implied, have been made that you will produce any specific result, as a result of this purchased.
30. The sudden death case of salaried Nomine his all business and all income will be debited to the nominee.
31. All the disputes will be settled under the kapurthala (punjab) jurisdiction only.