IFFCO LIMITED Dealership Contract

A dealership agreement may be drawn somewhat on the following pattern:

THIS AGREEMENT is made on the .................. day. IFFCO limited was registered incorporated under
the Companies Act, 1956 and it was registered with IFFCO SADAN C- 1 DISTT.CENTRE,SAKET PLACE
NEW DELHI - 110017 and its sole manufacturing unit is Dr.Udai Shanker Awasthi, Company Secretary.
(hereinafter referred to as "the Company", unless the context otherwise requires,A group of devotees and
representatives of the poor will be included a book containing pharm which contains shree ...................... ,
shree ........................s..in
..gaur ............................ Partners, his mai.n
., business .
place is at……………………..................................................... ...................
(hereinafter referred to as "pharm") es
(unless the context is otherwise accepted, it is expressed in the following words, nishpaadak, prashaasak,
pratinidhi and other bhaag's pratinidhi will be included).

AND WHEREAS the firm has its own marketing network and is selling goods of various branches and is
desirous of selling the goods of the company at a new sales outlet recently taken on rent by it for the
purpose and has communicated the same to the company;

AND WHEREAS the company, after having considered the proposal of the firm, has agreed to
appoint the firm as its dealer on the terms and conditions as contained in this agreement.
NOW THIS AGREEMENT WITNESSETH as under:
1. That the company hereby appoints the firm as its dealer to sell its products, more specifically
defined in the Schedule to this agreement, in the areas also clearly defined in the said Schedule.
2. This Agreement will remain in force for five years commencing from .................................. and will
be renewable for similar periods on agreed terms and conditions.
3. The firm will maintain minimum stock of the company's product. The quantities will be reviewed
every quarter in view of the demand from users/consumers, sales during the previous quarter
and market trends.
4. The Company will be required to supply its products on credit basis after fifteen days from the date
of invoice and if no payment is made during the credit period, interest at the rate of 2% Will be
charged and the same . Payment will start from the sixteenth day of challan.
5. The company shall supply to the firm sufficient quantities of publicity and advertisement material
for display at the firm's sales outlet and for distribution in its area of operation.
6. The company shall bear 50% of the cost of maintaining the sales outlet of the firm including rent
thereof subject to a maximum of 5% of the invoice value of the firm of all the products of the
company, which amount shall be credited to the firm's running account in the books of the
company at the end of each quarter.
7. The company and the firm shall settle their accounts every six months and the balance
credit/debit shall be squared by making payment by the party owing to the other.
8. The firm shall make all efforts to promote the sale of the company's products and in the event of
the company forming an opinion on the basis of sale records that the firm is not properly
performing its duty as dealer, the company shall be at liberty to terminate this agreement by
giving the firm one month's notice in writing and at the end of the notice period, this agreement
shall stand terminated and the parties shall settle their accounts within seven days of such
termination.
9. The company agrees and undertake to supply to the firm its products as per the firm's orders
and in the event of the company failing to supply the ordered goods within fifteen days of receipt
of each purchase order, the firm shall be entitled to terminate the agreement by giving the
company one month's notice in writing and at the end of the notice period, this agreement shall
stand terminated and the parties shall settle their accounts within seven days of such
termination.

.........................
Signature
The company will give you the salary of two staff, Rs 9000 for each staff and rent for the outlet
Rs 12000 to 15000.Rs 15000 for the urban outlet and Rs 12000 for the rural outlet.
10. The firm shall not sell any product of the company at a price higher than the one indicated by the
company from time to time.
11. The firm shall be at liberty to appoint sub-dealers, salesmen, commission agents or other sales
personnel on salary, commission or any other basis, so long as they function in accordance with
the provisions of this agreement and do not do anything which is detrimental to the interest of the
company, or the firm and the collective interest of both
12. Products! The Products shall be defined as the following products with Franchisor sells
through the business or sells through Dealership businesses: IFFCO Product
13. Commitment Fee: The Initial Fee of Rs. 5,00,000 has been paid as follows:(50% an
advance payment to purchase stock of rupees 10,00,000 lacks).
Note: Any additional terms and conditions of the appointment may be incorporated.
IN WITNESS THEREOF the parties aforementioned have signed this agreement in the presence of
the witnesses:
SCHEDULE OF PRODUCTS
1. …………..….…………. 3. …………..….………….
2. …………..….…………. 4. …………..….………….
Witnesses:
(1) Name : for IFFCO Ltd.
Father's Name :
Address : (… ................................ )
Signature : Company Secretary
(2) Name : Mr…………..….………….
Father's Name : Mr…………..….………….
Address : Mr…………..….………….
Signature :
Partners,
......................................... Messrs…………..….………….
Dealer Signature