SlideShare a Scribd company logo
1 of 1
Download to read offline
Annexure 1
Vendor Annexure Agreement
This Annexure forms part of the Vendor Agreement (“Vendor Agreement”) entered into between
Reignonline Internet Private Limited, a company incorporated under the Companies Act, 2013 having its
registered office at 1st FLOOR, A-4, No. 61/1806, PADMAKSHI BUILDING, MG ROAD, KOCHI, Ernakulam,
Kerala, 682015 ("Company") and you, the Vendor ("Vendor"). The Vendor Annexure Agreement
constitutes part of the binding Vendor Agreement executed between the Company and the Vendor by
clicking on the Terms & Conditions.
Pricing, Fees, Commission
Sellers have the right to price their products, but you must account for commission and fees. There will
be commission on all categories at the rate of 15%. All payments collected by the Company are remitted
by NEFT to the seller’s bank account on 7th
day from the date of delivery.
Instance of settlement
Price of the product 1000/-
Less Commission Fee (15%) 150/-
Less GST on Commission 27/-
Total amount retained by the Company 177/-
Total payment to the Vendor 823/-
The above charges can be revised at the discretion of the Company at any time by giving 1 month notice
to the Vendor. Otherwise it is eligible for revision on yearly basis.
Seller Protection and Returns
If buyer returns products in a damaged condition the seller can raise a claim and be eligible for
reimbursement of cost of product at Company’s discretion. Sellers are protected against buyer frauds
and must raise a claim and supply adequate proof. The seller will get 3 return credits in every month and
it will not carry forward every month. With this 3 return credit, the shipment & return cost – two way-
will be paid from the side of the Company. Any other returns more than 3 would be charged from the
Vendor.

More Related Content

Similar to Vendor annexure agreement 1

111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
RAJU852744
 
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
aulasnilda
 
IAS 18
IAS 18IAS 18
IAS 18
RS P
 
Ibfs presentation
Ibfs presentationIbfs presentation
Ibfs presentation
jyoti singh
 
The_Client_Contract_Official.docx.pdf
The_Client_Contract_Official.docx.pdfThe_Client_Contract_Official.docx.pdf
The_Client_Contract_Official.docx.pdf
Lectah
 
4700015754 ENDRESS + HAUSER ( INDIA ) Flow meter Lance May 2018 Hoaphat.pdf
4700015754 ENDRESS + HAUSER ( INDIA ) Flow meter Lance May 2018 Hoaphat.pdf4700015754 ENDRESS + HAUSER ( INDIA ) Flow meter Lance May 2018 Hoaphat.pdf
4700015754 ENDRESS + HAUSER ( INDIA ) Flow meter Lance May 2018 Hoaphat.pdf
Dharamvir -
 

Similar to Vendor annexure agreement 1 (20)

Revenue recognition-14th-edition (1)
Revenue recognition-14th-edition (1)Revenue recognition-14th-edition (1)
Revenue recognition-14th-edition (1)
 
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
 
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
111CORPORATE AWARD PROGRAMMEASSIGNMENT FRONT S.docx
 
IAS 18
IAS 18IAS 18
IAS 18
 
Ibfs presentation
Ibfs presentationIbfs presentation
Ibfs presentation
 
Revenue from Contracts with Customers- Tom Eiseman
Revenue from Contracts with Customers- Tom EisemanRevenue from Contracts with Customers- Tom Eiseman
Revenue from Contracts with Customers- Tom Eiseman
 
23-2-2011
23-2-201123-2-2011
23-2-2011
 
Consumer Finance overview from Phoenix Financial Consultants
Consumer Finance overview from Phoenix Financial Consultants Consumer Finance overview from Phoenix Financial Consultants
Consumer Finance overview from Phoenix Financial Consultants
 
ADVERTISING AGENCY AGREEMENT
ADVERTISING AGENCY AGREEMENT ADVERTISING AGENCY AGREEMENT
ADVERTISING AGENCY AGREEMENT
 
IFRS-15 Updated(Amendment in 2020) .pptx
IFRS-15 Updated(Amendment in 2020) .pptxIFRS-15 Updated(Amendment in 2020) .pptx
IFRS-15 Updated(Amendment in 2020) .pptx
 
Wireless Shop
Wireless ShopWireless Shop
Wireless Shop
 
As9 revenue
As9 revenueAs9 revenue
As9 revenue
 
The_Client_Contract_Official.docx.pdf
The_Client_Contract_Official.docx.pdfThe_Client_Contract_Official.docx.pdf
The_Client_Contract_Official.docx.pdf
 
VENDOR AGREEMENT
VENDOR AGREEMENT VENDOR AGREEMENT
VENDOR AGREEMENT
 
Flx cardholder agreement_v_16_qc_en_2021_07_23_final_0e0c62d007 (1)
Flx cardholder agreement_v_16_qc_en_2021_07_23_final_0e0c62d007 (1)Flx cardholder agreement_v_16_qc_en_2021_07_23_final_0e0c62d007 (1)
Flx cardholder agreement_v_16_qc_en_2021_07_23_final_0e0c62d007 (1)
 
Ind as 115
Ind as 115Ind as 115
Ind as 115
 
After sales service
After sales serviceAfter sales service
After sales service
 
4700015754 ENDRESS + HAUSER ( INDIA ) Flow meter Lance May 2018 Hoaphat.pdf
4700015754 ENDRESS + HAUSER ( INDIA ) Flow meter Lance May 2018 Hoaphat.pdf4700015754 ENDRESS + HAUSER ( INDIA ) Flow meter Lance May 2018 Hoaphat.pdf
4700015754 ENDRESS + HAUSER ( INDIA ) Flow meter Lance May 2018 Hoaphat.pdf
 
SOW T&C.pdf
SOW T&C.pdfSOW T&C.pdf
SOW T&C.pdf
 
Presentation on Accounting Standard 9
Presentation on Accounting Standard 9Presentation on Accounting Standard 9
Presentation on Accounting Standard 9
 

Recently uploaded

@Abortion clinic tablets Kuwait (+918133066128) Abortion Pills IN Kuwait
@Abortion clinic tablets Kuwait (+918133066128) Abortion Pills IN Kuwait@Abortion clinic tablets Kuwait (+918133066128) Abortion Pills IN Kuwait
@Abortion clinic tablets Kuwait (+918133066128) Abortion Pills IN Kuwait
Abortion pills in Kuwait Cytotec pills in Kuwait
 
2024_Rupantara Jogare Namajapa II Nishitharanjan
2024_Rupantara Jogare Namajapa II Nishitharanjan2024_Rupantara Jogare Namajapa II Nishitharanjan
2024_Rupantara Jogare Namajapa II Nishitharanjan
Nishitharanjan Rout
 
SINGLE PARENTS LONE PARENTHOOD: RESPONSIBILITY
SINGLE PARENTS LONE PARENTHOOD: RESPONSIBILITYSINGLE PARENTS LONE PARENTHOOD: RESPONSIBILITY
SINGLE PARENTS LONE PARENTHOOD: RESPONSIBILITY
NgcNguyn951014
 

Recently uploaded (14)

@Abortion clinic tablets Kuwait (+918133066128) Abortion Pills IN Kuwait
@Abortion clinic tablets Kuwait (+918133066128) Abortion Pills IN Kuwait@Abortion clinic tablets Kuwait (+918133066128) Abortion Pills IN Kuwait
@Abortion clinic tablets Kuwait (+918133066128) Abortion Pills IN Kuwait
 
Style Victorious Cute Outfits for Winners
Style Victorious Cute Outfits for WinnersStyle Victorious Cute Outfits for Winners
Style Victorious Cute Outfits for Winners
 
"Paltr Packaging: Streamlined Order Process for Seamless Deliveries"
"Paltr Packaging: Streamlined Order Process for Seamless Deliveries""Paltr Packaging: Streamlined Order Process for Seamless Deliveries"
"Paltr Packaging: Streamlined Order Process for Seamless Deliveries"
 
UNIVERSAL HUMAN VALUES - Harmony in the Family and Society
UNIVERSAL HUMAN VALUES - Harmony in the Family and SocietyUNIVERSAL HUMAN VALUES - Harmony in the Family and Society
UNIVERSAL HUMAN VALUES - Harmony in the Family and Society
 
2024_Rupantara Jogare Namajapa II Nishitharanjan
2024_Rupantara Jogare Namajapa II Nishitharanjan2024_Rupantara Jogare Namajapa II Nishitharanjan
2024_Rupantara Jogare Namajapa II Nishitharanjan
 
Navigating Hypnotherapy Training: 7 Essential Considerations
Navigating Hypnotherapy Training: 7 Essential ConsiderationsNavigating Hypnotherapy Training: 7 Essential Considerations
Navigating Hypnotherapy Training: 7 Essential Considerations
 
Shining Bright: Diya Jain Represents Delhi As Miss Teen India Finalist-2024
Shining Bright: Diya Jain Represents Delhi As Miss Teen India Finalist-2024Shining Bright: Diya Jain Represents Delhi As Miss Teen India Finalist-2024
Shining Bright: Diya Jain Represents Delhi As Miss Teen India Finalist-2024
 
Top 10 Moisturising Cream Brands In India - Stelon Biotech
Top 10 Moisturising Cream Brands In India - Stelon BiotechTop 10 Moisturising Cream Brands In India - Stelon Biotech
Top 10 Moisturising Cream Brands In India - Stelon Biotech
 
UNIVERSAL HUMAN VALUES -Harmony in the Human Being
UNIVERSAL HUMAN VALUES -Harmony in the Human BeingUNIVERSAL HUMAN VALUES -Harmony in the Human Being
UNIVERSAL HUMAN VALUES -Harmony in the Human Being
 
SINGLE PARENTS LONE PARENTHOOD: RESPONSIBILITY
SINGLE PARENTS LONE PARENTHOOD: RESPONSIBILITYSINGLE PARENTS LONE PARENTHOOD: RESPONSIBILITY
SINGLE PARENTS LONE PARENTHOOD: RESPONSIBILITY
 
PRINCESS OF DESIRE: MISADVENTURES OF A YOUNG GIRL
PRINCESS OF DESIRE:  MISADVENTURES OF A YOUNG GIRLPRINCESS OF DESIRE:  MISADVENTURES OF A YOUNG GIRL
PRINCESS OF DESIRE: MISADVENTURES OF A YOUNG GIRL
 
Ladies kitty party invitation messages and greetings.pdf
Ladies kitty party invitation messages and greetings.pdfLadies kitty party invitation messages and greetings.pdf
Ladies kitty party invitation messages and greetings.pdf
 
Lesotho history, Basotho languages, Basotho mode of transport
Lesotho history, Basotho languages, Basotho mode of transportLesotho history, Basotho languages, Basotho mode of transport
Lesotho history, Basotho languages, Basotho mode of transport
 
UNIVERSAL HUMAN VALUES - INTRODUCTION TO VALUE EDUCATION
 UNIVERSAL HUMAN VALUES - INTRODUCTION TO VALUE EDUCATION UNIVERSAL HUMAN VALUES - INTRODUCTION TO VALUE EDUCATION
UNIVERSAL HUMAN VALUES - INTRODUCTION TO VALUE EDUCATION
 

Vendor annexure agreement 1

  • 1. Annexure 1 Vendor Annexure Agreement This Annexure forms part of the Vendor Agreement (“Vendor Agreement”) entered into between Reignonline Internet Private Limited, a company incorporated under the Companies Act, 2013 having its registered office at 1st FLOOR, A-4, No. 61/1806, PADMAKSHI BUILDING, MG ROAD, KOCHI, Ernakulam, Kerala, 682015 ("Company") and you, the Vendor ("Vendor"). The Vendor Annexure Agreement constitutes part of the binding Vendor Agreement executed between the Company and the Vendor by clicking on the Terms & Conditions. Pricing, Fees, Commission Sellers have the right to price their products, but you must account for commission and fees. There will be commission on all categories at the rate of 15%. All payments collected by the Company are remitted by NEFT to the seller’s bank account on 7th day from the date of delivery. Instance of settlement Price of the product 1000/- Less Commission Fee (15%) 150/- Less GST on Commission 27/- Total amount retained by the Company 177/- Total payment to the Vendor 823/- The above charges can be revised at the discretion of the Company at any time by giving 1 month notice to the Vendor. Otherwise it is eligible for revision on yearly basis. Seller Protection and Returns If buyer returns products in a damaged condition the seller can raise a claim and be eligible for reimbursement of cost of product at Company’s discretion. Sellers are protected against buyer frauds and must raise a claim and supply adequate proof. The seller will get 3 return credits in every month and it will not carry forward every month. With this 3 return credit, the shipment & return cost – two way- will be paid from the side of the Company. Any other returns more than 3 would be charged from the Vendor.