Chaudhary Motors (Vendorship)

Download as pdf or txt
Download as pdf or txt
You are on page 1of 7

Vendor Agreement

This Vendor Agreement (the “Agreement”) is made and entered into on this 23rd
day of October, 2023 (the “Effective Date”), by and between CAR7 GARAGE PVT
LTD (hereinafter referred to as the “Company”), having its principal place of
business at 9th Floor,940, Galaxy Blue Sapphire Plaza. 201305 and CHAUDHARY
MOTORS GHAZIABAD (hereinafter referred to as the “Vendor”), having its
principal place of business at NH 24, OPP. COLUMBIA ASIA HOSPITAL, NEAR
ORGANIC HOMES, GHAZIABAD, UTTAR PRADESH, 201001.

WHEREAS, the Company is engaged in the business of operating automobile


repair and maintenance services and has developed a successful business model;

WHEREAS, the Vendor desires to operate a workshop of the Company’s business at


NH 24, OPP. COLUMBIA ASIA HOSPITAL, NEAR ORGANIC HOMES, GHAZIABAD,
UTTAR PRADESH, 201001.

NOW, THEREFORE, in consideration of the mutual promises and covenants set


forth herein, the parties agree as follows:

Grant of Vendor:

a. The Company hereby grants the vendor a non-exclusive, non-transferable


workshop to operate a Cars7 Garage Pvt Ltd workshop at (the “vendor”). NH
24, OPP. COLUMBIA ASIA HOSPITAL, NEAR ORGANIC HOMES, GHAZIABAD,
UTTAR PRADESH, 201001.

CAR 7 GARAGE PVT. LIMITED


9th Floor,940, Galaxy Blue Sapphire Plaza. 201305
Call us- 1800 120 00 1100
b. The Vendor shall be operated strictly in accordance with the Car7 Garage Pvt
Ltd system and brand standards.

c. The Vendor acknowledges that the Company is granted for the term and
conditions specified in of this Agreement.

Vendor’s Obligations:

a. The Vendor shall use its best efforts to operate the workshop in accordance
with the operations manual and guidelines provided by the Company

b. The Vendor shall maintain the standards and quality of service associated
with the Car7 Garage Pvt Ltd brand and shall comply with all applicable laws
and regulations.

Company’s Obligations:

a. The Company shall provide initial training and ongoing support to the
vendor as outlined in the operations manual.

b. The Company shall provide the Vendor with marketing and advertising
materials to promote the Cars7 Garage Pvt Ltd brand.

c. The Company shall periodically inspect the vendor location to ensure


compliance with brand standards.

CAR 7 GARAGE PVT. LIMITED


th
9 Floor,940, Galaxy Blue Sapphire Plaza. 201305
Call us- 1800 120 00 1100
Term and Termination:

a. The initial term of this Agreement shall be 1 years, commencing on the


Effective Date. Either party may terminate this Agreement upon 90 days written
notice to the other party.

b. In the event of a material breach of this Agreement by either party, the non-
breaching party may terminate this Agreement immediately upon written notice
to the breaching party.

Terms & Condition

1. That the First Party (Company), appoints the Second Party the seller of his
company for a period of 11 months from today 23.10.2023 to 22.09.2024,
after considering and preparing in a state of sound senses to dispose of the
business, this agreement keep signature on letter.

2. The First Party will provide dress to the staff of the Second Party including
the company people as per convenience.

3. That the second party (vendor will carry out all the work ordered on the
customer's vehicle.

4. The work done by the first party (company) as per the wishes of the
customer but if warranty has been given then the said work will be done by
the second party vendor will have to do.

5. That if any part installed in the said vehicle of the customer gets damaged
then the said part will be replaced by the second party after talking to the
Director of Company Car 7. The director of the company will be the first to
tell the charges for the replacement parts/goods as to how much charge is
to be taken from the customer or not.

CAR 7 GARAGE PVT. LIMITED


9th Floor,940, Galaxy Blue Sapphire Plaza. 201305
Call us- 1800 120 00 1100
6. That the second party vendor will not charge the customer for the work
done on the customer's vehicle on warranty.

7. That after the work done on the customer's vehicle by the second party
vendor, after the customer/vehicle owner is satisfied, the payment for the
items installed in the vehicle will be paid to the second party vendor by the
first party.

8. That the second party vendor will purchase the vehicle parts from the first
party company only, which will be given by the first party to the second
party at the market rate only. In special circumstances, with the consent of
the first party, if the vehicle parts are not available in its company, the parts
can be obtained from another place, the responsibility of which will be on
the second party.

9. That if the second party vendor causes any kind of fraud and loss by
misusing the name of the first party company, then in that case the
transaction before the contract period will be immediately confiscated and
the contract will be cancelled. The first party can take legal action against
the second party to which the second party is giving consent to the first
party.

CAR 7 GARAGE PVT. LIMITED


th
9 Floor,940, Galaxy Blue Sapphire Plaza. 201305
Call us- 1800 120 00 1100
10. That if the second party vendor provides service to any customer's vehicle,
if the customer is not satisfied, if a dispute is brought, then the entire
responsibility will be on the second party vendor which will be settled by
the customer himself in the court. Or will get it done; the dispute between
the customer and the vendor will have no connection or concern with the first party.

11. RENT/ELECTRICITY BILL & SALARY are sole responsibility of the Vendor.

12. Company reserves 15% Royalty rights from The Vendor on Customer’s total
bill via The Company. That the company will take 15% of the balance
amount of the parts bill and wage income after deducting GST on the bill of
the goods of the first party in the name of the vendor

13. That the first party will provide the facility of marketing publicity of the
second party as per its convenience.

14. That the first party will get banners, posters and boards installed at the
workshop, the dress of the workers (if) the first party will be responsible for
getting payments.

15. That the first party will provide the software to the second party, the
payment for (if) the first party will be responsible for getting payments.

16. That the first party, is preparing and signing the contract by reserving to
itself the independent right to change the conditions mentioned in the
contract in special circumstances, on which the second party has no
objection.

CAR 7 GARAGE PVT. LIMITED


9th Floor,940, Galaxy Blue Sapphire Plaza. 201305
Call us- 1800 120 00 1100
17. The bill or invoice is made by the company car 7, both the parties will have
participation on the same, the company will have nothing to do with the bill
given by the vendor by any of its customers on own.

18. The vendor should pay the amount of Rs.25 ,000 (Non-Refundable), which
shall be for Dress, Branding, Marketing Publicity.

19. If the customer pays for the vehicle service to the vendor in digital form on
his account or mobile, then the vendor will pay the entire amount to the
company within 24 hours.

20. That if a customer pays for the service and parts installed in the vehicle of
the second party in the account of the company for some reason, then the
first party will deduct its share in that payment and deposit the remaining
amount in the account of the second party within 7 days.

21. That if the second party leaves the work within the contract period or wants
to terminate the contract with the first party, he will give two months’
notice to the first party and obtain NOC after accounting for all the
transactions.

22. The layout of the Garage will be decided by The Company. All garage work
should be done under the name of The Company with proper billing.

23. In case of any Offer listed to the customer given by the company the vendor
shall accept it without intervening.
*G.S.T , Material Transport will be additional added.

CAR 7 GARAGE PVT. LIMITED


th
9 Floor,940, Galaxy Blue Sapphire Plaza. 201305
Call us- 1800 120 00 1100
Confidentiality:

a. Both parties agree to keep all confidential information received from the
other party confidential and not disclose it to any third party without prior
written consent.
Governing Law and Jurisdiction:

This Agreement shall be governed by and construed in accordance with the laws
of Gautam Buddha Nagar. Any disputes arising out of or in connection with this
Agreement shall be subject to the exclusive jurisdiction of the courts of Gautam
Buddha Nagar.

Entire Agreement:

This Agreement constitutes the entire agreement between the parties and
supersedes all prior negotiations, understandings, and agreements, whether
written or oral, relating to the subject matter hereof.

IN WITNESS WHEREOF, the parties hereto have executed this Vendor Agreement
as of the Effective Date. (23-10-2023)

Franchisor:

Mr. AKASH DUTT MISHRA (CAR 7 GARAGE PVT LTD)

[ ]

VENDOR:

CHAUDHARY MOTORS (CHAUDHARY ZAKIR ALAM)

[ ]

CAR 7 GARAGE PVT. LIMITED


9th Floor,940, Galaxy Blue Sapphire Plaza. 201305
Call us- 1800 120 00 1100

You might also like