AGREEMENT

ThisAGREEMENTi smadeinKolkataonthisthe___Dayof____
______
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__,2012(eff
ecti
ve
date)ByandBetweenHALDIRAM’SBHUJI AWALALI MITED,aCompanyregister
edunderthe
CompaniesAct,1956andhavi
ngitsregi
ster
edof f
iceandheadoffi
ceatP-420,Kazi
Nazrul
I
slam Avenue,
Kolkat
a–700052, WestBengal her
einaf
terr
efer
redtoas“theCompany ”of
theONEPART

AND

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___,aRegi
ster
ed_____
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_ _
_fi
rm hav
ingi
tsregi
ster
ed
of
ficeat__
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__andcommuni cat
ionaddr
essat
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_,herei
naf
tercal
led“
theSuper
St
ockist
”oftheOTHERPART

Bot
ht heExpressionstheCompanyandt heDeposhallunl
essrepugnanttothecontext
al
waysmeanandi ncl
udethei
rrespect
ivesuccessor
sinint
erest
,administ
rator
s,execut
ors,
l
egalheir
s,assigns,et
c.

WHEREAS:

a)TheCompanyi smanufact
uri
ng,
mar keti
ng,sal
eanddi
str
ibut
ionoffoodand
beverageproductsi
nthesavour
y,snacksandsweetscat
egories(
herei
naf
ter
col
lecti
vel
yreferr
edtoas“TheProducts”)

b)TheDepohasr epresentedandwar rantedthathehast henecessar yinfrast

ructur
e/
faci
li
ti
esandi scapable/competentt oactasaDepof orandonbehal fofthe
Companyandi nthatconnecti
ontor eceiv
et heproductssentbyt heCompany ,to
storetheproduct
sunderi t
scontrol andtodeliv
erand/orf orwardthem t osuch
person(s)i
nsuchl ot
sandonsuchdi r
ecti
onsasmaybei nstr
uctedbyt heCompany
from t
imetot i
meandhasr equestedt heCompanyt oappoi ntthem asi tsSuper
Stocki
st.

c) TheCompanyafterconsi
der
ingtheaforesai
dr equestoft
heDepohasagreedto
appointt
heDepoasit
ssuperstocki
st,
ont hetermsandcondit
ionsher
einaft
er
appeari
ng.

NOW THEREFOREI
NCONSI
DERATI
ONOFTHEIRMUTUALCOVENANTSI
TISHEREBY
AGREEDBYANDBETWEENTHEPARTI
ESHERETOASFOLLOWS:

1.TheCompanyher ebyappoi ntst

heDepot ocarr
youtt hevari
ousobli
gati
onshereunder
witheffectf
rom __ __
_ __
___
_____
.Thi sAgreementshallr
emai ninf
orceandbebindingon
thepar t
iesf
oraper iodofoney ear,unl
esster
mi nat
edear l
i
erbyeit
herpart
ybygi v
ingone
mont h’snot
iceinwr i
tingtotheother.ThisAgreementshallbesubj
ecttorenewalof
anotheroney ear,atthesoleopti
onoft heCompany ,onthetermsandconditi
ons
containedherein.

2.TheDeposhal
lhavenon-excl
usi
veri
ghtofoper
ati
onsint
hefol
l
owingter
ri
tor
y:
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3.TheDeposhal
lberesponsi
blef
orappoi
ntmentofSuperi
ndemarcat
edt
err
it
ori
esf
all
i
ng
undert
heformer
’sauthori
sedt
err
it
oryasmenti
onedunderCl
ause2.

4.TheCompanyshall
provi
det heProductstotheSuperSt
ockistsonagai
nstC’
for
m basi
s
fr
om Kol
kat
aorfrom anybranches/depots/war
ehouse/factor
iesoft
heCompanyori
ts
pri
nci
pal
sorfr
om anyotherplaceinIndi
a.

5.TheDeposhal ltakedeliv
eryoftheProductsfr
om thet r
ansport
er/car
ri
eri
mmediat
elyon
thei
rarr
ivalatthedest i
nati
on.IftheconsignmentsentbytheCompanydoesnotreach
thedesti
nationwi thi
n2day sofschedul
edar r
ival
,theDeposhallgi
veawri
tt
ennoti
ceof
thesamet ot hetransport
erwit
hacopymar kedtot heCompany .TheCompany
undert
akest onot i
fytheDepoofalldi
spatchesofgoodswi thi
n24hoursofsuchdi
spatch.

6.TheDeposhal larr
angeforproperst orageoftheProductsinasepar atewar ehouse/
godownoff i
rstclassconstructi
onwi t
hadequatecapacit
y,ideall
yadmeasur i
nga
minimum of1000- 1500sq.ft
.ini
tial
ly,whichistobeenhancedev entuall
y,asper
requi
rementsandt heproductsshal lnotbemi xedupwiththepr oductsofanyot her
parti
esincl
udingthoseoft heDepoi tself
.TheDeposhallber esponsibletotheCompany
foralldamages/lossesduet oimpr operstorageand/orbadhandl i
ngoft heProduct
sor
shortageortheftoftheProductsf r
om t hei
rgodownandshal l
indemni f
yandkeep
i
ndemni fi
edtheCompanyf orallsuchl ossesanddamages..

7.TheDeposhal lkeepandstor ethestocksoft

hesaidProductsinasaf eandsecure
conditi
ont oav
oidcont aminati
onfrom anysour
ceandt opreventdamageorl ossfrom
thef
t ,
fir
e,fl
oodandot herdangers.TheDeposhallal
sokeept heproductsincleanand
hygienicpremi
sesandsur roundingsincompli
ancewiththerulesprescr
ibedbyany
Authoriti
es.

8.TheDepodeclaresandconfir
mst hatthetit
le/interestintheproductsvestinthe
Company/i t
sPrinci
palsandtheDeposhal lnotbeent i
tl
edtopledge,mortgage,charge,
hypot
hecateorinanymannerencumbert hePr oduct s.Iti
sfurtheragr
eedand
under
stoodbetweent hepart
iesthatnor i
ghtofanynat urewhatsoevershalleveraccrue
onthesaidproductstotheDepoandi fanysuchr ightdoesaccr ue,t
henthe
Depoexpressl
ywai v
essuchrightandconf i
rmst hatitshallnotclai
m anysuchr ight
.

9.TheDeposhallarr
angetopr
ocureandmaintai
ncurrentl
i
censesandper
missions
prescr
ibedbylaworbycompetentaut
hor
ityforst
orageandsaleoft
heProducts.The
l
icenseswhereverappl
i
cabl
e.

10.
TheDeposhal ldi
spatch/del
iver/sell
theProductstosuchdestinat
ions/Superwithi
n
suchterr
itor
yoranyot hersuit
ablelocat
iondulyapprovedbytheCompanyf rom t
he
respect
ivegodown.Di spat
ch/deliver
y/saleshal
lbemadewi t
hinstipulat
edtimeasper
Companypol icyofsaidSub-Depodepositi
ngadvancepay mentwitht heSuperSt
ockist
.

11.
TheDeposhalldi
spat
ch/del
i
ver
/sel
ltheProduct
sonsuchter
ms/condi
ti
onsspeci
fi
edi
n
invoi
ceandatsuchpri
ceasmaybeinti
matedbytheCompanyandaspert
he
instr
uct
ionsgi
venbytheCompanyf
rom ti
met ot
ime.

12.
Ifnecessar
yandwher
everappl
i
cabl
e,t
heCompany
,ati
tssol
edi
scr
eti
on,
wil
lent
eri
nto
 Agreement swiththecarri
ersf ordi spatchoft heproductsfrom thegodownoft he
Depotov ari
ousstati
onsi nthet errit
oriesment i
onedunderCl ause9.Howev er,
the
Deposhallberesponsibleforimpl ement ingandenf or
cingthet ermsandcondit
ionsof
suchAgr eementswi t
hthecar riers.Int heev entofanylossordamaget othestocksin
anymannerwhat soeverduringt ransshi pment ,t
heDeposhall bewhollyr
esponsibl
ef or
recoveri
ngthev al
ueofsuchl ossf r
om t hecar r
ier
swithin15day soflodgi
ngthecl ai
m
withthecarri
ers.Incaset hev aluei snotr ecoveredwithint
hi sti
me,theCompanyshal l
beent i
tl
edtodeductt hesamef rom t henextpay mentrecei
v ablebytheSuperStockist
.

13.
TheDeposhal lmaintaindaytodayst ockrecordsasadv i
sedbytheCompanyandsend
allsuchperi
odicstatement sofaccount sasarerelevanttoit
soperat
ions,
duly
countersi
gnedbyt heCompany ’sauthori
sedrepresentati
ve.TheDeposhallmakeal
l
recordsavai
lableforinspecti
on/v er
ifi
cati
onatalltimet otheaccr
edi
ted
represent
ati
ve(s)/auditor
soft heCompany /i
tsPrincipal
s.

14.
TheDeposhal lmakeav ai
labl
eanoffi
ceandaconf erencer oom inst
all
edwi t
hsuf fi
cient
tel
ephonesandf axmachinestot
heCompany ’
sempl oyeestoenablesmoot hand
eff
ici
entperformance.TheDepoalsoagr eesandundertakest oinst
all/oper
ate
computers/sof twar
eforcomputeri
zati
onofdocument ation,accounts,dat
apr ocessing
andotheroper ati
ons.TheDeposhallpr
epare/fur
nishthedocument s/data/infor
mat ion
atsuchinter
v alsandinsuchmannerassetoutbyt heCompany .

15.
TheDeposhallatal
l t
imesbeboundt ospecifi
cinstructi
onsgivenbytheCompanyatt he
expensesoftheCompany ,t
or et
urntotheCompanyort oconsigntoanyplaceorplaces
ortoanyconsigneeasrequir
edbyt heCompanyt heproductswhichshallfort
heti
me
beingbeinthecustodyorunderthecont r
oloftheSuperSt ocki
st.Thi
sclauseshal
l
pertai
ntogoodsfall
ingundertheReturnsMov ement .Furt
her,t
hemov ementshallbe
gov er
nedbytheReturnsPoli
cyasst i
pulat
edbyt heCompany .

16.
Inconsi derationoft heser vi
cesr enderedbyt heSuperSt ockist,theCompanyshal lpayto
theDepoani ncenti
v eont het ot
al i
nvoicevalue.Thisshal lbeincl usi
veofcosti ncur r
ed
byt heDepof orstorageanddi spatchofgoods, electri
calservices, document ati
on, dat
a
processi ngandf ur
nishingr eport
s, uti
li
ti
esandpr ovisi
onsofi nfr astr
ucturalfaci
li
tiesli
ke
telephone, fax,comput eret c.andot heroff
iceexpensesundert hisAgreement ,taxesand
mai ntenanceandal l ot
herexpensest owardssmoot handef fici
entdi schargeoft he
ser vicest ober ender edbyt heDepoundert hisAgreement ,exceptaspr ovidedelsewher e
int hisAgr eementandi r
respectiveoft hequantum ofst ocksst or edandv olumeofgoods
dispat ched/del i
vered/sol d.

17.
Iti
sal
sofur
theragr
eedthatl
ocal
transpor
tat
ionexpensesf
orr
ecei
ptanddel
i
ver
yof
goodst
oSupershallbebor
nebySuperStocki
st.

18.
Iti
salsofurt
heragreedt
hatl
ocalt
ranspor
tati
onexpensesfordel
i
ver
yofgoodsbyt
he
Sub-DepototheChannel
Part
nerswil
lbebornebySuperStocki
st.

19.
TheDeposhal
lbeli
abl
etoexecut
etheDamagesPoli
cyascommunicatedbyt
he
Companyfrom t
imetoti
me.TheCompanyreser
vesther
ightt
ochangethi
sPoli
cyatany
giv
enti
me

20.
TheDeposhal
lbel
i
abl
etoexecut
etheRet
urnsPol
i
cyascommuni
cat
edbyt
heCompany
 f
rom t
imet
oti
me.TheCompanyr
eser
vest
her
ightt
ochanget
hisPol
i
cyatanygi
ven
t
ime

21.
TheDeposhal
lbel
i
abl
etoexecut
etheExpi
ryPoli
cyascommunicat
edbytheCompany
from t
imet
oti
me.TheCompanyreser
vest
herightt
ochanget
hisPoli
cyf
rom t
imeto
ti
me.

22.
AllpaymentsbytheCompanyt
otheDeposhal
lbesubj
ectt
oincomet axandanyot
her
statut
oryl
eviest
hatmaybeimposedbyt
heappropr
iat
eauthor
it
ies/stat
utes.

23.
TheCompanywi ll
dispatchproductstotheDepoonlyonadv ancepayment.The
Depofurtheragreestochangeov ertoanyothermethods/systemsoftransferofmoney
coll
ected/receivedtowar dst
hesal eseff
ect
edandshal lcomplywitht
her equisi
ti
onof
theCompanyandshal lnotbeent i
tl
edtoret
ain,adj
ust,
appropriat
eanysuchmoni esof
theCompanyf oranyr easonwhat soev
er.

24.
TheDeposhal
lnotacceptorpaycashonbehal
foft
hecompany
.

25.
TheDeposhal lcoll
ectfr
om t hecust omer stheamountofVAT, SalesTax, sur
char geand
anyotherlocaltaxes/l
ev i
es, asapplicable.Itisthesol eresponsibi
l
ityoftheDepot o
coll
ectandmaket imel
ypay mentofsuchl evi
esandt axestotheconcer nedAut hori
ti
es,
alongwiththenecessar yreturnsasr equired.Anydef aul
tinthi
sconnect i
onwi llbeon
theaccountoft heSuperSt ockist.TheDeposhal l al
sokeepnecessar yaccount i
ng
document sforthatpurpose.TheDeposhal lissue/col l
ectappropri
ateSalesTaxFor ms
incomplianceoft heCentral/Local SalesTaxAct .TheDepoagr eesandunder takesthat
itshal
lensurecompl i
anceofal lappli
cablestat ut
or yobli
gati
onsundert heCent r
al/Local
SalesTaxinpur suanceoft hev ari
ousobl igat
ionsundert hi
sAgreementandshal lkeep
theCompanyi ndemni f
iedf rom allt
heconsequencesofanysuchnon- compli
ance.

26.
TheDeposhallal
somaint
ainsuchaccount
s/books/recordsstat
utor
il
yprescr
ibedf
rom
ti
met ot
ime.TheDeposhallal
lowtheCompany ’
sAuditorstoi
nspect
/examinethesaid
account
s,books,r
ecor
dsanddocument sr
elat
ingtostorage/col
l
ecti
onofmoneybyt he
SuperSt
ockist
.

27.
TheDeposhal
lbeent
it
ledforr
eimbur
sementofexpendi
tur
eincurr
edonbehalfofthe
Company,dul
yaut
hori
sedbythecompany,wi
thi
n30day sfr
om therecei
ptoftheori
ginal
document
sofpayments.

28.
Notwit
hstandi
nganythi
ngcont
ainedinthi
sAgreement
,theCompanyr
eservesit
srightt
o
ter
minatethi
sAgreementi
mmedi at
elyandwit
houtanynoti
ce,
ift
heSuperStocki
st

 Cont
ravenesanyoft
heCl
ausesorcondi
ti
onsoft
hisAgr
eementoranyst
atut
ory
pr
ovi
sions

 Suppr
essesand/orf
alsi
fi
est
hesal
esef
fect
edi
nanygi
venper
ioddel
i
ber
atel
y

 Fai
l
stor
emi
tpr
ompt
lyt
hemoni
esduet
otheCompany

 Act
sinanymannerdet
ri
ment
alt
otheCompany
’si
nter
est
s

 I
sconv
ict
edbyacompet
entAut
hor
it
yofanyof
fensei
naj
udi
cial
cour
t
  Makesanycommit
mentonbehal
foft
heCompanywithoutt
heexpresswr
it
ten
sanct
ionoft
heCompanysav
easprov
idedf
orel
sewhereint
heagreementand

 Fai
l
st otenderat
rueandcor
rectaccountoft
heCompany
’sgoodsandpr
oper
ty
ent
rustedtohim.

I
tisagr
eedthatnoconsequenti
alcostofwhat
soevermannershal
lbepayabl
ebythe
CompanytotheDepoonterminat
ionofthi
sAgreementf
oranyoftheeventsar
isi
ng
outoft
heabovereasons.

29.
Thi
sAgr eementcanbeter
minat
edatanyti
mebyeit
heroft
heparti
eswithoutassi
gni
ng
anyreasonaft
ergiv
ingt
heotherpar
tyonemont
h’swri
tt
ennot
iceofter
mi nat
ion.

30.
TheDeposhal lbewhol l
yandsol el
yresponsi bl
efori t
sempl oyeesacti
vi
ti
esandi nno
cir
cumst ancesshalltheCompanydi rectl
yori ndir
ectlybeli
ableforanyclai
ms/demands
madebyt heempl oyeesoftheSuperSt ockist,i
ncludingtheli
abil
it
y,i
fany,underthe
Employ eesProv i
dentFund,Gratui
ty,
ESIandsuchot herenactmentsofCent r
al
Government ,St
at eGovernmentandLocal Authori
tiesconcerned.Suchempl oyeesshal
l
notbeconsi deredasempl oyeesoftheCompanyandf orwhoseact ,
defaultand
omission,theDeposhal lberesponsibl
eandkeept heCompanyi ndemnifi
edatallti
mes.

31.
TheDeposhallconductsalesanddi st
ri
butionoftheproductsonsucht ermsand
condi
ti
onsatsuchr ates/pricesint
imatedbyt heCompany .Incaset heCompany
announcesschemes/gi f
ts/discountsetc.theDeposhallmakeav ai
l
ablet oSuper
,such
off
ersasperthetermsoft heCompany .TheDeposhal lmaintai
nsuchr ecor
dsinrespect
ofschemes/gift
s/discounts,asprescri
bedbyt heCompany .

32.
Ont er
minati
onofthi
sAgreement
,theDeposhal
lrendercomplet
eaccountsoft
he
productsandhandovert
hesametot heaut
hori
sedrepresent
ati
ve(
s)oftheCompany
.

33.
TheCompanyshal lbeent
it
ledtoappoi
ntanyaddit
ional
partytostock/sell
/di
str
ibut
e
theproduct
s.Nothingcont
ainedi
nthisAgreementshal
lconferanyexclusi
ver
ighton
theSuperStocki
st.

34.
Anydisputear
isi
ngortouchi
ngtheconstr
ucti
on,meaningort
heeffectofthi
sAgreement
oranyClauseherei
ncontai
nedorastotheri
ghts/l
iabi
li
ti
esofthepart
iesheret
oshall
be
underexcl
usiv
ejuri
sdi
cti
onoftheappropr
iat
eCourtsintheCi
tyofKolkata.

35.
Intheeventofanydi
sput
ear i
singbetweentheCompanyandt heDeponecessi
tat
ing
legalr
edress,
theCour
tsinKolkatashall
becompet entCour
ttodeci
detheissueand
shall
haveexclusi
vej
uri
sdict
ioninthatconnect
ion.

36.
Int
heev
entofanyar
bit
rat
ion,
theCompanyr
eser
vest
her
ightt
oappoi
ntanar
bit
rat
or.

I
NWITNESSWHEREOFthepar
ti
esher
etohav
edul
yexecut
edt
hesepr
esent
sthedayand
y
earf
ir
stabov
ewr
it
ten.