RESELLER AGREEMENT
This Reseller Agreement (hereinafter referred to as the "Agreement") is
made, entered into and executed today (hereinafter referred to as
the "Effective Date")
BETWEEN: -
TrendyTec (hereinafter referred to as "Parent") and
you (hereinafter referred to as "Reseller"). If you are entering into this agreement on behalf of a company or other legal entity, you represent that you have the authority to bind such entity to these terms and conditions, in which case the term "Reseller" shall refer to such entity.
(The Parent and the Reseller may be referred to individually as a "Party" and collectively as the "Parties").
WHEREAS the Parent provides various Products and Services;
AND WHEREAS the Reseller wishes to purchase and resell Parent's Products and
Services
NOW, THEREFORE, for and in consideration of the mutual promises, benefits and
covenants contained herein and for other good and valuable consideration, the receipt, adequacy and sufficiency of which are hereby acknowledged, the Parent and the Reseller, intending to be legally bound, hereby agree as follows:
1. DEFINITIONS
(1) "Accounting Currency" refers to the Accounting Currency of the Parent
within the TrendyTec Database
(2) "Advance Account" refers to the credit balance maintained by the
Reseller with the Parent.
(3) "Business Day" refers to a working day between Mondays to Friday excluding all Public Holidays.
(4) "Clear Balance" refers to credit in the Advance Account after deducting
any accrued liabilities, Locked Funds and debited amounts.
(5) "Confidential Information", as used in this Agreement shall mean all
data, information and materials including, without limitation, computer software, data, information, databases, protocols, reference implementation,
documentation, functional and interface specifications, provided by Parent to the Reseller under this Agreement, whether written, transmitted, oral, through the Parent Website or otherwise, that is marked as Confidential.
(6) "Customer" refers to the customer of the Order as recorded in the
TrendyTec Database
(7) "Parent Products" refer to all products and services of Parent which it
has provided/rendered/sold, or is providing/rendering/selling through this
Reseller Program.
(8) "Parent Servers" refer to web servers, Mailing List Servers, Database
Servers, TrendyTec Servers and any other Machines / Servers that Parent or its
Service Providers Operate, for the TrendyTec, the Parent Website, the Parent
Mailing Lists, Parent Products and any other operations required to fulfill
services and operations of Parent.
(9) "Parent Website" refers to manage TrendyTec.com
(10) "TrendyTec" refers to the set of Servers, Software, Interfaces, Parent
Products and API that is provided for use directly or indirectly under this Agreement by the Parent and/or its Service Providers.
(11) "TrendyTec Database" is the collection of data elements stored on the
TrendyTec Servers.
(12) "TrendyTec Servers" refer to Machines / Servers that Parent or its Service Providers maintain to fulfill services and operations of the TrendyTec.
(13) "TrendyTec User" refers to the Reseller and any Customer, Sub-Reseller,
Agent, Employee, Contractee of the Reseller or any other Legal Entity, that has been provided access to the "TrendyTec" by the Reseller or through the Reseller's website, directly or indirectly.
(14) "Locked Funds" refers to the amount of funds temporarily debited to the Resellers Advance Account while an Order is being Modified, Deleted, Extended, Cancelled or Processed. "Confirming Locked Funds" refers to the act of permanently debiting this amount to the Reseller's Advance Account. "Canceling Locked Funds" refers to the act of recrediting the amount back to the Reseller's Advance Account.
(15) "Lower Tier Sub-Resellers" - The Reseller may make Parent Products
under this agreement available to Sub-Resellers. Further the Reseller agrees that such Sub-Resellers may make Parent Products available to their affiliates,
partners, or resellers who may make Parent Products available to their
affiliates, partners or resellers and so on (collectively known as "Lower Tier
Sub-Resellers").
(16) "Order" refers to a Parent Product purchased directly or indirectly by
a Reseller, having a unique Order ID in the TrendyTec Database.
(17) "Reseller Contact Details" refers to the Contact Details of the
Reseller as listed in the TrendyTec Database.
(18) "Reseller Control Panel" refers to the set of Web-based interfaces
provided by the Parent and its Service Providers to the Reseller which allows
him to Manage Orders, Customers, Lower Tier Resellers.
(19) "Reseller Master Agreement" refers to this Agreement.
(20) "Reseller Product Agreement Extension" refers to the latest version of
a Specific Reseller Product Agreement Extension as posted in the Reseller
Control Panel or on the Parent Website.
(21) "Reseller Transactions" refers singly and cumulatively to
credits/debits applied to the Resellers Advance Account.
(22) "Selling Currency" refers to the Selling Currency of the Parent within
the TrendyTec Database.
(23) "Service Providers" refers individually and collectively to any
Artificial Juridical Persons, Company, Concern, Corporation, Enterprise, Firm,
Individual, Institute, Institution, Organization, Person, Society, Trust or any
other Legal Entity that Parent or its Service Providers (recursively) may,
directly or indirectly, Engage / Employ / Outsource / Contract for the
fulfillment / provision / purchase of Parent Products, TrendyTec, and any other
services and operations of Parent.
(24) "Sub-Reseller" refers to any Artificial Juridical Persons, Company,
Concern, Corporation, Enterprise, Firm, Individual, Institute, Institution,
Organization, Person, Society, Trust or any other Legal Entity that is
registered as a Sub-Reseller under the Reseller as per the data in the TrendyTec
Database, or who resells Parent Products through the Reseller
2. RESELLER PRODUCT AGREEMENT EXTENSIONS
(1) The Reseller may purchase and resell various Parent Products by
executing, in a form and manner prescribed by Parent, one or more Reseller
Product Agreement Extensions, which shall then be included as a part of this
Agreement.
(2) Any conflicting definitions, terms and conditions in a Reseller Product
Agreement Extension shall take precedence over the same definition, terms and
conditions in this Agreement, and shall be applied only to that Reseller
Product Agreement Extension.
3. OBLIGATIONS OF THE PARENT
(1) Parent shall make available the latest versions of the Reseller Master
Agreement, and the Reseller Product Agreement Extensions in the Reseller
Control Panel.
(2) Parent will notify the Reseller via email whenever newer versions of
any Reseller Master Agreement, or Reseller Product Agreement Extensions are
posted in the Reseller Control Panel.
4. OBLIGATIONS OF THE RESELLER
(1) The Reseller shall be responsible for providing customer service,
billing support, and technical support to their Sub-Resellers, Lower Tier
Sub-Resellers & Customers.
(2) The Reseller acknowledges that in the event of any dispute and/or
discrepancy concerning any data element of an Order, Sub-Reseller, Lower Tier
Sub-Reseller or Customer in the TrendyTec Database, the data element in the
TrendyTec Database records shall prevail.
(3) The Reseller acknowledges that all information of the Customer in the
TrendyTec, including authentication information is accessible to Parent and its
Service Providers.
(4) The Reseller will not make any changes to any information or
configuration of an Order without explicit authorization from the customer of
that Order.
(5) The Reseller shall comply with all other terms or conditions
established by Parent and/or its Service Providers from time to time.
(6) Reseller acknowledges that Parent Products maybe obtained through
Service Providers, and as such, changes in structure, or contracts may occur,
and as a result services may be adversely affected. Reseller acknowledges and
agrees that Parent shall not have any liability associated with any such
occasion.
(7) The Reseller agrees that Parent Products under this agreement may be
made available to Customers, Sub-Resellers and Lower Tier Sub-Resellers only
after they enter into a legally binding agreement which is no less protective
of Parent than this Agreement and which contains the requirements contained
herein applicable to the Reseller. The Reseller acknowledges and agrees that
the Reseller will be responsible for ensuring Customers', Sub-Resellers' and
Lower Tier Sub-Resellers' compliance with such applicable terms and conditions
and shall be responsible for any liability resulting from Customers',
Sub-Resellers' and Lower Tier Sub-Resellers' noncompliance with such terms and
conditions.
(8) The Reseller agrees to provide, maintain and update, current, complete
and accurate information for all the data elements about the Reseller in the
TrendyTec Database.
(9) During the term of this Agreement and for three years thereafter,
Reseller (himself/herself/itself or by its Agent / authorized Representative)
shall maintain the following records relating to its dealings with Parent,
Sub-Resellers, Customers, Prospective Customers and/or their Agents or
Authorized Representatives: -
(1) In electronic, paper or microfilm form, all written communications with
respect to Parent Products.
(2) In electronic form, records of the accounts of all, current / past
Orders with the Reseller, including dates and amounts of all payments,
discount, credits and refunds.
Reseller shall make these records available for inspection by Parent upon
reasonable notice not exceeding 14 days.
5. REPRESENTATIONS AND WARRANTIES
Parent and the Reseller represent and warrant that: -
(1) they each have all requisite power and authority to execute, deliver
and perform their obligations under this Agreement;
(2) This Agreement has been duly and validly executed and delivered and
constitutes a legal, valid and binding obligation, enforceable against the
Reseller and Parent in accordance with its terms;
(3) The execution, delivery, and performance of this Agreement and the
consummation by Parent and the Reseller of the transactions contemplated hereby
will not, with or without the giving of notice, the lapse of time, or both,
conflict with or violate: -
(1) any provision of law, rule, or regulation;
(2) any order, judgment, or decree;
(3) any provision of corporate by-laws or other documents; or
(4) any agreement or other instrument.
(4) the execution, performance and delivery of this Agreement has been duly
authorized by the Reseller and Parent;
(5) No consent, approval, or authorization of, or exemption by, or filing
with, any governmental authority or any third party is required to be obtained
or made in connection with the execution, delivery, and performance of this
Agreement or the taking of any other action contemplated hereby;
The Reseller represents and warrants that:
(1) the Reseller has read and understood every clause of this Agreement
(2) the Reseller has independently evaluated the desirability of the
service and is not relying on any representation agreement, guarantee or
statement other than as set forth in this agreement; and
(3) the Reseller is eligible, to enter into this Contract according to the
laws of his country
6. RIGHTS OF PARENT AND SERVICE PROVIDERS
(1) Parent and Service Providers may change any information, including
Authentication Information of the Reseller in the TrendyTec Database upon
receiving authorization from the Reseller or any authorized representatives of
the Reseller in any form as maybe prescribed by Parent from time to time.
(2) Parent and Service Providers may provide/send any information in the
TrendyTec Database, about the Reseller, including Authentication information
(1) to the Reseller Contact Details
(2) to any authorized representative, agent, contractee, employee of the
Reseller upon receiving authorization in any form as maybe prescribed by Parent
from time to time
(3) to the Service Providers
(3) Parent and Service Providers in its own discretion can at any point of
time temporarily or permanently cease to sell a Parent Product
(4) Parent may provide/send any information in the TrendyTec Database, about
the TrendyTec Users, Customers, Sub-Resellers and Lower Tier Sub-Resellers
including Authentication Information, to the contact details of the TrendyTec
Users, Customers, Sub-Resellers and Lower Tier Sub-Resellers in the TrendyTec
Database, or to the authorized representative, agent, contractee, employee of
the corresponding TrendyTec Users, Customers, Sub-Resellers and Lower Tier
Sub-Resellers upon receiving authorization in any form as maybe prescribed by
Parent from time to time
(5) Parent reserves the right to change pricing, minimum order levels, and
discounts, of any Parent Product , at any time.
(6) Parent reserves the right to introduce promotional marketing schemes
for any Parent Product at anytime. Parent make it mandatory upon Reseller and
Lower Tier Sub-Resellers to participate in such a promotional marketing scheme
provided that the program shall only be mandatory for Reseller and those Lower
Tier Sub-Resellers who have signed up for the said Parent Product.
(7) Parent and Service Providers, in their sole discretion, expressly
reserve the right to deny any Order or cancel an Order within 30 days of
processing the same. In such case Parent may refund the fees charged for the
Order, after deducting any processing charges for the same.
(8) Parent and Service Providers, in their sole discretion, without notice,
expressly reserve the right to to fix any bugs in, modify, upgrade, freeze the
TrendyTec, Parent Products and its associated services. Parent in its sole
discretion, without notice, expressly reserves the right to modify the content
on any page within the TrendyTec and Parent product interfaces, including but
not limited to marketing content, images, html, styles, pricing information and
any other information, Reseller acknowledges that actions described in this
paragraph may occur without notification or knowledge of the Reseller. Parent
will not be held responsible or liable for any such changes under any
circumstance.
(9) Parent and Service Providers, in their sole discretion, expressly
reserve the right to, without notice or refund, freeze, delete, suspend, deny,
cancel, modify, take ownership of or transfer any Order, or to delete, Suspend,
freeze, modify TrendyTec Users' access to TrendyTec, or to modify, upgrade,
suspend, freeze TrendyTec, in order to recover any Payment from the Reseller for
any service rendered by the Parent including services rendered outside the
scope of this agreement, or to correct mistakes made by Parent or its Service
Providers in processing or executing an Order, or incase of any breach of this
agreement, or incase of violation of any Terms listed in all the Appendices, or
incase Parent learns of a possibility of breach or violation of this agreement
or its appendices which Parent in its sole discretion determines to be
appropriate, or incase of Termination of this agreement, or if Parent learns of
any such event which Parent reasonably determines would lead to Termination of
this Agreement or would constitute as Breach thereof, or to protect the
integrity and stability of the Parent Products and the TrendyTec, or to comply
with any applicable laws, government rules or requirements, requests of law
enforcement, or in compliance with any dispute resolution process, or in
compliance with any agreements executed by Parent, or to avoid any liability,
civil or criminal, on the part of Parent and/or Service Providers, as well as
their affiliates, subsidiaries, officers, directors and employees, or if the
Reseller and/or its Customers, Sub-Resellers, Lower Tier Sub-Resellers or any
other authorized representatives of the Reseller violate any applicable
laws/government rules/usage policies, including but not limited to,
intellectual property, copyright, patent, anti-spam, or Parent learns of the
possibility of any such violation, or upon authorisation from the Reseller in
any manner that Parent deems satisfactory, or for any other appropriate reason.
The Reseller agrees that Parent and Service Providers, and the contractors,
employees, directors, officers, representatives, agents and affiliates, of
Parent and Service Providers, are not liable for loss or damages that may
result from any of the above.
(10) Incase of Orders involving web services, Parent and Service Providers
can choose to redirect any Order to any IP Address including, without
limitation, to an IP address which hosts a parking page or a commercial search
engine for the purpose of monetization, if an Order has expired, or is
suspended, or does not contain valid information to direct it to any
destination. Reseller acknowledges that Parent and Service Providers cannot and
do not check to see whether such a redirection, infringes any legal rights
including but not limited to intellectual property rights, privacy rights,
trademark rights, of Reseller, or that the content displayed due to such
redirection is inappropriate, or in violation of any federal, state or local
rule, regulation or law, or injurious to Reseller or any third party, or their
reputation and as such is not responsible for any damages caused directly or
indirectly as a result of such redirection.
(11) Parent has the right to rectify any mistakes in the data in the
TrendyTec Database with retrospective effect.
7. TERM OF AGREEMENT AND RENEWAL
The term of this Agreement shall be 2 (TWO) YEARS from the Effective Date and
will automatically renew for successive 1 (ONE) YEAR Renewal Term (hereinafter
referred to each a "Renewal Term" and cumulatively the "Term"). The Term shall
continue until the earlier to occur of the following:
(1) the Agreement is terminated as provided for in Section 8 (TERMINATION
OF AGREEMENT); and
(2) The Reseller elects not to renew at the end of the Initial Term or any
Renewal Term by giving written notice 30 days in advance of the completion of
such term.
8. TERMINATION OF AGREEMENT
(1) Either Party may terminate this Agreement and/or any Reseller Product
Agreement Extension at any time by
(1) With immediate effect, if the other Party is adjudged insolvent or
bankrupt, or if proceedings are instituted by or against a Party seeking
relief, reorganization or arrangement or compromise or settlement under any
laws relating to insolvency, or seeking any assignment for the benefit of
creditors, or seeking the appointment of a receiver, liquidator or trustee of a
Party's property or assets or the liquidation, dissolution or winding up of a
Party's Business.
(2) Parent may Terminate this Agreement and/or any Reseller Product
Agreement Extension by notifying the Reseller in writing, as of the date
specified in such notice of termination under the following circumstances
(1) In the event that the Reseller or an Agent / Employee / Authorized
Representative of the Reseller materially breaches any term of this Agreement
and/or any Reseller Product Agreement Extension, including any of its
representations, warranties, covenants and agreements hereunder
(2) There was a material misrepresentation and/or material inaccuracy,
and/or materially misleading statement in Reseller's Application to Parent
and/or any material accompanying the application.
(3) By giving a 30 (Thirty) days advance written notice of termination
(4) With immediate effect if : -
(1) the Reseller is convicted of a felony or other serious offense related
to financial activities, or is judged by a court to have committed fraud or
breach of fiduciary duty, or is the subject of a judicial determination that
Parent reasonably deems as the substantive equivalent of any of these; or
(2) the Reseller is disciplined by the government of its domicile for
conduct involving dishonesty or misuse of funds of others.
(3) as provided for in Appendix 'A' and Appendix 'C'
(4) if Any officer or director of the Reseller is convicted of a felony or
of a misdemeanor related to financial activities, or is judged by a court to
have committed fraud or breach of fiduciary duty, or is the subject of a
judicial determination that Parent deems as the substantive equivalent of any
of these;
(3) Reseller may Terminate this Agreement and/or any Reseller Product
Agreement Extension by notifying Parent in writing, as of the date of receipt
of such notice, in the event that the Reseller does not agree with any revision
to the Agreement or any Reseller Product Agreement Extension made as per
Section 15 (RIGHT TO SUBSTITUTE UPDATED AGREEMENT AND RESELLER Product
Agreement EXTENSIONS) within 30 days of such revision.
(4) Any Product Agreement Extension shall terminate with immediate effect
in the event that
(1) Parent ceases to sell the particular Parent Product covered under that
Product Agreement Extension
(2) Parents contract with Service Provider for the particular Parent
Product terminates or expires without renewal
(5) Effect of Termination of this Agreement
(1) Parent shall suspend TrendyTec Users' access to the TrendyTec, Parent
Servers and all Parent Products and Services, under this agreement and all
Reseller Product Agreement Extensions, immediately upon receiving Termination
notice from the Reseller or upon learning of any event, which Parent reasonably
determines, would lead to Termination of the Agreement.
(2) Upon expiration or termination of this Agreement, all Reseller Product
Agreement Extensions signed by the Reseller shall deemed to have been
Terminated with immediate effect
(3) Upon expiration or termination of this Agreement, Parent may complete
the processing of all Orders requested to be processed, in the order that they
were requested to be processed, by the Reseller prior to the date of such
expiration or termination, provided that the Reseller's Advance Account with
Parent has Clear Balance sufficient to carry out these Orders. If Parent is
unable to fulfill these Orders then the charges levied to the Reseller for
these Orders will be reversed
(6) Effect of Termination of any Reseller Product Agreement Extension
(1) Parent may suspend TrendyTec Users' access to applicable Parent Products
and Services , and the TrendyTec immediately upon receiving Termination notice
from the Reseller or upon learning of any event, which Parent reasonably
determines, would lead to Termination of any Reseller Product Agreement
Extension
(2) Upon expiration or termination of any Reseller Product Agreement
Extension, Parent may complete the processing of all Orders, of that Parent
Product, in the order that they were requested to be processed, by the Reseller
prior to the date of such expiration or termination, provided that Parent is in
a position to fulfill these Orders, and the Reseller's Advance Account with
Parent has Clear Balance sufficient to carry out these Orders. If Parent is
unable to fulfill these Orders then the charges levied to the Reseller for
these Orders will be reversed
(3) Parent may transfer all Orders falling under the purview of the
specific Reseller Product Agreement Extension to another Reseller or Parent.
(7) Any pending balance due from the Reseller at the time of termination of
this Agreement or any Reseller Product Agreement Extension will be immediately
payable.
(8) Neither Party shall be liable to the other for damages of any sort
resulting solely from terminating this Agreement or any Reseller Product
Agreement Extension in accordance with its terms, unless specified
otherwise.The Reseller however shall be liable for any damage arising from any
breach by it of this Agreement or any Reseller Product Agreement Extension.
9. FEES / ADVANCES / RENEWALS
(1) Reseller shall pay all applicable fees/advances as per the Payment
Terms and Conditions set out in Appendix 'C'
(2) Parent will charge a non-refundable fee for an Order unless stated
otherwise in any Product Agreement Extension. The applicable fees will be
displayed in the Reseller Control Panel or on the Parent Website and during the
Ordering Process. Parent has the right to revise this pricing at anytime. Any
such revision or change will be binding and effective immediately on posting of
the revision in the Reseller Control Panel or on the Parent Website or on
notification to the Reseller via email to the Reseller.
(3) Reseller acknowledges that it is the Reseller's responsibility to keep
records and maintain reminders regarding the expiry of any Order. As a
convenience to the Reseller, and not as a binding commitment, we may notify the
Reseller of any expiring Orders, via an email message sent to the contact
information associated with the Reseller in the TrendyTec database. Should
renewal fees go unpaid for an Order, the Order will expire.
(4) Reseller acknowledges that after expiration of the term of an Order,
Reseller has no rights on such Order, or any information associated with such
Order, and that ownership of such Order now passes on to Parent. Parent and
Service Providers may make any modifications to said Order or any information
associated with said Order. Parent and Service Providers may intercept any
network/communication requests to such Order and process them in any manner in
their sole discretion. Parent and Service Providers may choose to monetize such
requests in any fashion at their sole discretion. Parent and Service Providers
may choose to display any appropriate message, and/or send any response to any
user making a network/communication request, for or concerning said Order.
Parent and Service Providers may choose to delete said Order at anytime after
expiry upon their sole discretion. Parent and Service Providers may choose to
transfer the ownership of the Order to any third party in their sole
discretion. Reseller acknowledges that Parent and Service Providers shall not
liable to Reseller or any third party for any action performed under this
clause.
(5) Parent at its sole discretion may allow the renewal of the Order after
Order expiry, and such renewal term will start as on the date of expiry of the
Order, unless otherwise specified. Such process may be charged separately. Such
renewal after the expiry of the Order may not result in exact reinstatement of
the Order in the same form as it was prior to expiry.
(6) Parent makes no guarantees about the number of days, after deletion of
an Order, after which the same Order will once again become available for
purchase.
10. LIMITATION OF LIABILITY
IN NO EVENT WILL PARENT, SERVICE PROVIDERS, OR CONTRACTORS OR THIRD PARTY
BENEFICIARIES BE LIABLE TO THE RESELLER FOR ANY SPECIAL, INDIRECT, ANCILLARY,
INCIDENTAL, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES, OR ANY DAMAGES
RESULTING FROM LOSS OF PROFITS, ARISING OUT OF OR IN CONNECTION WITH THIS
AGREEMENT, EVEN IF PARENT AND/OR SERVICE PROVIDERS, OR CONTRACTORS OR THIRD
PARTY BENEFICIARIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
PARENT FURTHER DISCLAIMS ANY AND ALL LOSS OR LIABILITY RESULTING FROM, BUT NOT
LIMITED TO:
(1) LOSS OR LIABILITY RESULTING FROM THE UNAUTHORIZED USE OR MISUSE OF
AUTHENTICATION INFORMATION;
(2) LOSS OR LIABILITY RESULTING FROM FORCE MAJEURE EVENTS;
(3) LOSS OR LIABILITY RESULTING FROM ACCESS DELAYS OR ACCESS INTERRUPTIONS;
(4) LOSS OR LIABILITY RESULTING FROM NON-DELIVERY OF DATA OR DATA
MISS-DELIVERY;
(5) LOSS OR LIABILITY RESULTING FROM ERRORS, OMISSIONS, OR MISSTATEMENTS IN
ANY AND ALL INFORMATION OR PARENT PRODUCT(S) PROVIDED UNDER THIS AGREEMENT;
(6) LOSS OR LIABILITY RESULTING FROM THE INTERRUPTION OF SERVICE.
If any legal action or other legal proceeding (including arbitration) relating
to the performance under this Agreement or the enforcement of any provision of
this Agreement is brought against Parent by the Reseller, then in no event will
the liability of Parent exceed actual amount paid by the Reseller for the Order
in question minus direct expenses incurred with respect to the Order in
question.
BOTH PARTIES ACKNOWLEDGE THAT THE CONSIDERATION AGREED UPON BY THE PARTIES IS
BASED IN PART UPON THESE LIMITATIONS, AND THAT THESE LIMITATIONS WILL APPLY
NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY REMEDY. IN NO EVENT
WILL THE LIABILITY OF THE PARENT RELATING TO THIS AGREEMENT EXCEED TOTAL AMOUNT
PAID TO PARENT BY THE RESELLER DURING THE MOST RECENT THREE (3) MONTH PERIOD
PRECEDING THE EVENTS GIVING RISE TO SUCH LIABILITY.
11. INDEMNIFICATION
(1) The Reseller, at its own expense, will indemnify, defend and hold
harmless, Parent, Service Providers and the contractors, employees, directors,
officers, representatives, agents and affiliates, of Parent and Service
Providers against any claim, suit, action, or other proceeding brought against
Parent and/or Service Providers based on or arising from any claim or alleged
claim, of third parties relating to or arising under this Agreement, Parent
Products provided hereunder or use of the Parent Products, including without
limitation:-
(1) arising out of any breach by the Reseller of this Agreement
(2) relating to any product or service of the Reseller, Sub-Resellers,
Lower Tier Sub-Resellers;
(3) relating to any actions of the Reseller, or the Reseller's employees,
contractees, agents, Customers, Sub-Resellers, Lower Tier Sub-Resellers or any
other party affiliated with the Reseller directly or indirectly;
(4) relating to any agreement and Terms and Conditions with any Customer of
the Reseller, Sub-Resellers, Lower Tier Sub-Resellers;
(5) relating to the Reseller's, Sub-Resellers, or Lower Tier Sub-Resellers
Business, including, but not limited to, the advertising, application process,
systems and other processes, fees charged, billing practices and customer
services provided
(6) relating to or arising out of any Order or use of any Order
(7) relating to any action of Parent as permitted by this Agreement
(8) relating to any action of Parent carried out on behalf of Reseller as
described in this Agreement
However, that in any such case Parent may serve the Reseller with notice of any
such claim and upon the Reseller's written request, Parent will provide to the
Reseller all available information and assistance reasonably necessary for the
Reseller to defend such claim, provided that the Reseller reimburses Parent for
its actual costs.
(2) The Reseller will not enter into any settlement or compromise of any
such indemnifiable claim without Parent's prior written consent, which shall
not be unreasonably withheld.
(3) The Reseller will pay any and all costs, damages, and expenses,
including, but not limited to, actual attorneys' fees and costs awarded against
or otherwise incurred by Parent in connection with or arising from any such
indemnifiable claim, suit, action or proceeding.
12. INTELLECTUAL PROPERTY & EMPLOYMENT
Subject to the provisions of this Agreement, each Party will continue to
independently own his/her/its intellectual property, including all patents,
trademarks, trade names, domain names, service marks, copyrights, trade
secrets, proprietary processes and all other forms of intellectual property.
Any improvements to existing intellectual property will continue to be owned by
the Party already holding such intellectual property.
Without limiting the generality of the foregoing, no commercial use rights or
any licenses under any patent, patent application, copyright, trademark,
know-how, trade secret, or any other intellectual proprietary rights are
granted by Parent to the Reseller, or by any disclosure of any Confidential
Information to the Reseller under this Agreement.
Reseller shall further ensure Reseller does not infringe any intellectual
property rights or other rights of any person or entity, or does not publish
any content that is libelous or illegal while using services under this
Agreement. Reseller acknowledges that Parent cannot and does not check to see
whether any services or the use of the services by the Reseller under this
Agreement, infringes legal rights of others.
Reseller acknowledges that
(1) Reseller and its subsidiaries;
(2) and shareholders, employees, directors, officers, agents, contractors,
of Reseller and its subsidiaries
(3) and any entity/company that Reseller or its subsidiaries or
shareholders, employees, directors, officers, agents, contractors, of Reseller
and its subsidiaries have invested in or have any form of interest or control
in, or work for, or contract with,
shall not, directly or indirectly, knowingly or unknowingly, employ, make, or
seek to make any offer of employment to Parent staff during the term of this
Agreement and for a period of twelve
(24) months following termination of same.
13. OWNERSHIP AND USE OF DATA
(1) Reseller agrees and acknowledges that Parent owns all data,
compilation, collective and similar rights, title and interests worldwide in
the TrendyTec Database, and all information and derivative works generated from
the TrendyTec Database.
(2) Parent and Service Providers and their designees/agents have the right
to backup, copy, publish, disclose, use, sell, modify, process this data in any
form and manner as maybe required for compliance of any agreements executed by
Parent or Service Providers, or in order to fulfill services under this
Agreement, or for any other appropriate reason.
14. DELAYS OR OMISSIONS; WAIVERS
No failure on the part of any Party to exercise any power, right, privilege or
remedy under this Agreement, and no delay on the part of any Party in
exercising any power, right, privilege or remedy under this Agreement, shall
operate as a waiver of such power, right, privilege or remedy; and no single or
partial exercise or waiver of any such power, right, privilege or remedy shall
preclude any other or further exercise thereof or of any other power, right,
privilege or remedy.
No Party shall be deemed to have waived any claim arising out of this
Agreement, or any power, right, privilege or remedy under this Agreement,
unless the waiver of such claim, power, right, privilege or remedy is expressly
set forth in a written instrument duly executed and delivered on behalf of such
Party; and any such waiver shall not be applicable or have any effect except in
the specific instance in which it is given.
No waiver of any of the provisions of this Agreement shall be deemed to
constitute a waiver of any other provision (whether or not similar), nor shall
such waiver constitute a waiver or continuing waiver unless otherwise expressly
provided in writing duly executed and delivered.
15. RIGHT TO SUBSTITUTE UPDATED AGREEMENT AND RESELLER PRODUCT AGREEMENT
EXTENSIONS
(1) During the period of this Agreement, Reseller agrees that Parent may: -
(1) revise the terms and conditions of; and
(2) change the services provided
under this Agreement, or any Reseller Product Agreement Extension.
(2) Any such revision or change will be binding and effective immediately
on posting of the revision in the Reseller Control Panel or on the Parent
Website or on notification to the Reseller via email.
(3) The Reseller agrees to review the Reseller Control Panel and the Parent
Website including the agreements, periodically, to be aware of any such
revisions
(4) If the Reseller does not agree with any revision, the Reseller may
terminate the Agreement or Reseller Product Agreement Extension according to
Section 8(3) of this Agreement
(5) Reseller agrees that, continuing use of the services under this
Agreement or the Reseller Product Agreement Extension following notice of any
revision, will constitute as an acceptance of any such revisions or changes
(6) The Reseller shall execute, if required by Parent, in a form and manner
prescribed by Parent, a supplementary agreement incorporating the amendments to
or revisions of the Agreement and/or Reseller Product Agreement Extension
(7) It will be the Reseller's responsibility to communicate any changes in
the agreement and any obligations/duties covered by these changes to the
Reseller's Agents / authorized Representatives.
16. CONFIDENTIALITY
All Confidential Information shall be governed by the confidentiality Agreement
as attached in Appendix 'B'.
17. PUBLICITY
The Reseller shall not create, publish, distribute, or permit any written /
Oral / electronic material that makes reference to us or our Service Providers
or uses any of Parent's registered Trademarks / Service Marks or our Service
Providers' registered Trademarks / Service Marks without first submitting such
material to us and receiving prior written consent.
The Reseller gives Parent the right to recommend / suggest the Reseller's name
and details to Customers / Visitors to the Parent Website, and Prospective
Customers and use the Resellers name in marketing / promotional material with
regards to Parent Products.
18. TAXES
The Reseller shall be responsible for sales tax, consumption tax, transfer
duty, custom duty, octroi duty, excise duty, income tax, and all other taxes
and duties, whether international, national, state or local, however
designated, which are levied or imposed or may be levied or imposed, with
respect to this Agreement and the Parent Products.
19. FORCE MAJEURE
Neither party shall be liable to the other for any loss or damage resulting
from any cause beyond its reasonable control (a "Force Majeure Event")
including, but not limited to, insurrection or civil disorder, riot, war or
military operations, national or local emergency, acts or directives or
omissions of government or other competent authority, compliance with any
statutory obligation or executive order, strike, lock-out, work stoppage,
industrial disputes of any kind (whether or not involving either party's
employees), any Act of God, fire, lightning, explosion, flood, earthquake,
eruption of volcano, storm, subsidence, weather of exceptional severity,
equipment or facilities breakages / shortages which are being experienced by
providers of telecommunications services generally, or other similar force
beyond such Party's reasonable control, and acts or omissions of persons for
whom neither party is responsible. Upon occurrence of a Force Majeure Event and
to the extent such occurrence interferes with either party's performance of
this Agreement, such party shall be excused from performance of its obligations
(other than payment obligations) during the first three months of such
interference, provided that such party uses best efforts to avoid or remove
such causes of non performance as soon as possible.
20. ASSIGNMENT / SUBLICENSE
Except as otherwise expressly provided herein, the provisions of this Agreement
shall inure to the benefit of and be binding upon, the successors and assigns
of the Parties. The Reseller shall not assign, sublicense or transfer its
rights or obligations under this Agreement to any third person(s)/party without
the prior written consent of the Parent.
21. DISCLAIMER
THE TrendyTec, PARENT SERVERS AND ANY OTHER SOFTWARE / API / SPECIFICATION /
DOCUMENTATION / APPLICATION SERVICES IS PROVIDED ON "AS IS" AND "WHERE IS"
BASIS AND WITHOUT ANY WARRANTY OF ANY KIND.
PARENT AND SERVICE PROVIDERS EXPRESSLY DISCLAIM ALL WARRANTIES AND / OR
CONDITIONS, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED
WARRANTIES AND CONDITIONS OF MERCHANTABILITY OR SATISFACTORY QUALITY AND
FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT OF THIRD PARTY RIGHTS AND
QUALITY/AVAILABILITY OF TECHNICAL SUPPORT.
PARENT AND SERVICE PROVIDERS ASSUME NO RESPONSIBILITY AND SHALL NOT BE LIABLE
FOR ANY DAMAGES TO, OR VIRUSES THAT MAY AFFECT, YOUR COMPUTER EQUIPMENT OR
OTHER PROPERTY IN CONNECTION WITH YOUR ACCESS TO, USE OF, TrendyTec OR BY
ACCESSING PARENT SERVERS. WITHOUT LIMITING THE FOREGOING, PARENT AND SERVICE
PROVIDERS DO NOT REPRESENT, WARRANT OR GUARANTEE THAT
(A) ANY
INFORMATION/DATA/DOWNLOAD AVAILABLE ON OR THROUGH TrendyTec OR PARENT SERVERS
WILL BE FREE OF INFECTION BY VIRUSES, WORMS, TROJAN HORSES OR ANYTHING ELSE
MANIFESTING DESTRUCTIVE PROPERTIES; OR
(B) THE INFORMATION AVAILABLE ON OR
THROUGH THE TrendyTec/PARENT SERVERS WILL NOT CONTAIN ADULT-ORIENTED MATERIAL OR
MATERIAL WHICH SOME INDIVIDUALS MAY DEEM OBJECTIONABLE; OR
(C) THE FUNCTIONS OR
SERVICES ERFORMED BY PARENT AND SERVICE PROVIDERS WILL BE SECURE, TIMELY,
UNINTERRUPTED OR ERROR-FREE OR THAT DEFECTS IN THE TrendyTec WILL BE CORRECTED;
OR
(D) THE SERVICE WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS OR
(E) THE
SERVICES PROVIDED UNDER THIS AGREEMENT OPERATE IN COMBINATION WITH ANY SPECIFIC
HARDWARE, SOFTWARE, SYSTEM OR DATA. OR
(F) YOU WILL RECEIVE NOTIFICATIONS,
REMINDERS OR ALERTS FOR ANY EVENTS FROM THE SYSTEM INCLUDING BUT NOT LIMITED TO
ANY ODIFICATION TO YOUR ORDER, ANY TRANSACTION IN YOUR ACCOUNT, ANY EXPIRY OF
AN ORDER
PARENT AND SERVICE PROVIDERS MAKES NO REPRESENTATIONS OR WARRANTIES AS TO THE
SUITABILITY OF THE INFORMATION, CONTENT, DATA, SERVICES, AVAILABLE OR WITH
RESPECT TO THEIR LEGITIMACY, LEGALITY, VALIDITY, QUALITY, STABILITY,
COMPLETENESS, ACCURACY OR RELIABILITY. PARENT AND SERVICE PROVIDERS DO NOT
ENDORSE, VERIFY OR OTHERWISE CERTIFY THE CONTENT OF ANY SUCH INFORMATION. SOME
JURISDICTIONS DO NOT ALLOW THE WAIVER OF IMPLIED WARRANTIES, SO THE FOREGOING
EXCLUSIONS, AS TO IMPLIED WARRANTIES, MAY NOT APPLY TO YOU.
FURTHERMORE, PARENT NEITHER WARRANTS NOR MAKES ANY REPRESENTATIONS REGARDING
THE USE OR THE RESULTS OF THE TrendyTec, TrendyTec SERVERS, PARENT WEBSITE AND
ANY OTHER SOFTWARE / API / SPECIFICATION / DOCUMENTATION / APPLICATION SERVICES
IN TERMS OF THEIR CORRECTNESS, ACCURACY, RELIABILITY, OR OTHERWISE.
22. JURISDICTION & ATTORNEY'S FEES
This Agreement shall be governed by and interpreted and enforced in accordance
with the laws of the Country, State and City where Parent is incorporated,
applicable therein without reference to rules governing choice of laws. Any
action relating to this Agreement must be brought in a court in the city,
state, country where Parent is incorporated. Parent reserves the right to
enforce the law in the Country/State/District where the
Registered/Corporate/Branch Office, or Place of Management of the Reseller is
situated as per the laws of that Country/State/District.
If any legal action or other legal proceeding relating to the performance under
this Agreement or the enforcement of any provision of this Agreement is brought
against either Party hereto, the prevailing Party shall be entitled to recover
reasonable attorneys' fees, costs and disbursements (in addition to any other
relief to which the prevailing Party may be entitled.
23. MISCELLANEOUS
(1) Any reference in this Agreement to gender shall include all genders,
and words importing the singular number only shall include the plural and vice
versa.
(2) There are no representations, warranties, conditions or other
agreements, express or implied, statutory or otherwise, between the Parties in
connection with the subject matter of this Agreement, except as specifically
set forth herein.
(3) The Parties shall attempt to resolve any disputes between them prior to
resorting to litigation through mutual understanding or a mutually acceptable
Arbitrator.
(4) Survival: In the event of termination of this Agreement for any reason,
Sections 1, 4, 6, 8(5), 8(6), 8(7), 8(8), 9, 10, 11, 12, 13, 14, 16, 17, 18,
21, 22, 23(3), 23(4), 23(6), 23(10), 24(2) and all Sections of Appendix A, and
all Sections of Appendix B, and Sections 1(5), 1(6), 1(7), 2(5), 3, 4 of
Appendix C and any Sections covered separately under a Survival clause in any
Reseller Product Agreement Extension shall survive.
(5) This Agreement does not provide and shall not be construed to provide
third parties (i.e. non-parties to this Agreement), including any Sub-Reseller,
Lower Tier Sub-Reseller Agent, Customer, and Prospective Customer with any
remedy, claim, and cause of action or privilege against Parent.
(6) The Reseller and Parent and its Service Providers are independent
contractors, and nothing in this Agreement will create any partnership, joint
venture, agency, franchise, and sales representative or employment relationship
between the parties. Reseller will have no authority to make or accept any
offers or representations on our, or our Service Providers', behalf. Reseller
will not make any statement, whether on his Website or otherwise, that
reasonably would contradict anything in this Agreement.
(7) Further Assurances: Each Party hereto shall execute and/or cause to be
delivered to the other Party hereto such instruments and other documents, and
shall take such other actions, as such other Party may reasonably request for
the purpose of carrying out or evidencing any of the transactions contemplated
/ carried out, by / as a result of, this Agreement.
(8) Construction: The Parties agree that any rule of construction to the
effect that ambiguities are to be resolved against the drafting Party shall not
be applied in the construction or interpretation of this Agreement.
(9) Entire Agreement; Severability: This Agreement, which includes Appendix
A, Appendix B, Appendix C and each executed Reseller Product Agreement
Extension constitutes the entire agreement between the Parties concerning the
subject matter hereof and supersedes any prior agreements, representations,
statements, negotiations, understandings, proposals or undertakings, oral or
written, with respect to the subject matter expressly set forth herein. If any
provision of this Agreement shall be held to be illegal, invalid or
unenforceable, each Party agrees that such provision shall be enforced to the
maximum extent permissible so as to effect the intent of the Parties, and the
validity, legality and enforceability of the remaining provisions of this
Agreement shall not in any way be affected or impaired thereby. If necessary to
effect the intent of the Parties, the Parties shall negotiate in good faith to
amend this Agreement to replace the unenforceable language with enforceable
language that reflects such intent as closely as possible.
(10) The division of this Agreement into Sections, Subsections, Appendices,
Extensions and other Subdivisions and the insertion of headings are for
convenience of reference only and shall not affect or be used in the
construction or interpretation of this Agreement.
(11) This agreement may be executed in counterparts.
(12) Language. All notices, designations, and specifications made under this
Agreement shall be made in the English Language only.
(13) Dates and Times. All dates and times relevant to this Agreement or its
performance shall be computed based on the date and time observed in the city
of the Registered office of the Parent
24. BREACH
In the event that Parent suspects breach of any of the terms and conditions of
this Agreement:
(1) Parent can immediately, without any notification and without assigning
any reasons, suspend / terminate TrendyTec Users' access to all Parent Products
and Services and the TrendyTec.
(2) Reseller will be immediately liable for any damages caused by any
breach of any of the terms and conditions of this Agreement.
25. NOTICE
(1) Any notice or other communication required or permitted to be delivered
to Parent under this Agreement shall be in writing unless otherwise specified
and shall be deemed properly delivered when delivered to the legal contact
address specified in the Reseller Control Panel or on the Parent Website, by
registered mail or courier. Any communication shall be deemed to have been
validly and effectively given, on the date of receiving such communication, if
such date is a Business Day and such delivery was made prior to 17:30 hours
local time, and otherwise on the next Business Day.
(2) Any notice or other communication required or permitted to be delivered
to the Reseller under this Agreement shall be in writing unless otherwise
specified and shall be deemed properly delivered, given and received when
delivered to contact address of the Reseller in the TrendyTec Database.
(3) Any notice or other communication to be delivered to any party via
email under this agreement shall be deemed to have been properly delivered if
sent in case of Parent to its Legal Contact mentioned in the Reseller Control
Panel or on the Parent Website and in case of the Reseller to the Reseller's
email address in the TrendyTec Database.
(4) Other than those notices mentioned in this agreement, Parent is NOT
required to communicate with the Reseller in any respect about services
provided under this agreement. As a convenience to the Reseller, Parent may
proactively send notices about aspects with regards to services rendered under
this Agreement, however these notices may be discontinued by Parent at anytime.
APPENDIX 'A'
TERMS AND CONDITIONS OF TrendyTec USAGE
This Appendix A covers the terms of access to the TrendyTec. Any violation of
these terms will constitute a breach of agreement, and grounds for immediate
termination of this Agreement.
1. ACCESS TO TrendyTec
(1) Parent may in its ABSOLUTE and UNFETTERED SOLE DISCRETION, temporarily
suspend TrendyTec Users' access to the TrendyTec in the event of significant
degradation of the TrendyTec, or at any time Parent may deem necessary.
(2) Parent may in its ABSOLUTE and UNFETTERED SOLE DISCRETION make
modifications to the TrendyTec from time to time.
(3) Access to the TrendyTec is controlled by authentication information
provided by Parent. Parent is not responsible for any action in the TrendyTec
that takes place using this authentication information whether authorized or
not.
(4) Parent is not responsible for any action in the TrendyTec by a TrendyTec
User
(5) TrendyTec User will not attempt to hack, crack, gain unauthorized
access, misuse or engage in any practice that may hamper operations of the
TrendyTec including, without Limitation temporary / permanent slow down of the
TrendyTec, damage to data, software, operating system, applications, hardware
components, network connectivity or any other hardware / software that
constitute the TrendyTec and architecture needed to continue operation thereof.
(6) TrendyTec User will not send or cause the sending of repeated
unreasonable network requests to the TrendyTec or establish repeated
unreasonable connections to the TrendyTec. Parent will in its ABSOLUTE and
UNFETTERED SOLE DISCRETION decide what constitutes as a reasonable number of
requests or connections.
(7) TrendyTec User will take reasonable measures and precautions to ensure
secrecy of authentication information.
(8) TrendyTec User will take reasonable precautions to protect TrendyTec Data
from misuse, unauthorized access or disclosure, alteration, or destruction.
(9) Parent shall not be responsible for damage caused due to the compromise
of your Authentication information in any manner OR any authorized/unauthorized
use of the Authentication Information.
(10) Parent shall not be liable for any damages due to downtime or
interruption of TrendyTec for any duration and any cause whatsoever.
(11) Parent shall have the right to temporarily or permanently suspend
access of a TrendyTec User to the TrendyTec if Parent in its ABSOLUTE and
UNFETTERED SOLE DISCRETION suspects misuse of the access to the TrendyTec, or
learns of any possible misuse that has occurred, or will occur with respect to
a TrendyTec User.
(12) Parent and Service Providers reserve the right to, in their sole
discretion, reject any request, network connection, e-mail, or message, to, or
passing through, TrendyTec
2. Terms of USAGE OF TrendyTec
(1) Reseller, or its contractors, employees, directors, officers,
representatives, agents and affiliates and TrendyTec Users, either directly or
indirectly, shall not use or permit use of the TrendyTec, directly or
indirectly, in violation of any country, state or local rule, regulation or
law, or for any unlawful purpose, or to promote adult-oriented or "offensive"
material, or related to any unsolicited bulk e-mail directly or indirectly
(such as by referencing an TrendyTec provided service within a spam email or as
a reply back address), or related to ANY unsolicited marketing efforts offline
or online, directly or indirectly, or in a manner injurious to Parent, Service
Providers or other Resellers, Customers and TrendyTec Users, or their
reputation, including but not limited to the following -
(1) Usenet spam (off-topic, bulk posting/cross-posting, advertising in
non-commercial newsgroups, etc.)
(2) Posting a single article or substantially similar articles to an
excessive number of newsgroups (i.e., more than 2-3) or posting of articles
which are off-topic (i.e., off-topic according to the newsgroup charter or the
article provokes complaints from the readers of the newsgroup for being
off-topic)
(3) Sending unsolicited mass e-mails (i.e., to more than 10 individuals,
generally referred to as spamming) which provokes complaints from any of the
recipients; or engaging in spamming from any provider
(4) Offering for sale or otherwise enabling access to software products
that facilitate the sending of unsolicited e-mail or facilitate the assembling
of multiple e-mail addresses ("spamware")
(5) Advertising, transmitting, linking to, or otherwise making available
any software, program, product, or service that is designed to violate these
terms, including but not limited to the facilitation of the means to spam,
initiation of pinging, flooding, ailbombing, denial of service attacks, and
piracy of software
(6) Harassment of other individuals utilizing the Internet after being
asked to stop by those individuals, a court, a law-enforcement agency and/or
Parent
(7) Impersonating another user or entity or an existing
company/user/service or otherwise falsifying one's identity for fraudulent
purposes in e-mail, Usenet postings, on IRC, or with any other Internet
service, or for the purpose of directing traffic of said user or entity
elsewhere
(8) Using TrendyTec services to point to or otherwise direct traffic to,
directly or indirectly, any material that, in the sole opinion of Parent, is
associated with spamming, bulk e-mail, e-mail harvesting, warez (or links to
such material), is in violation of copyright law, or contains material judged,
in the sole opinion of Parent, to be threatening or obscene or inappropriate
(9) Using TrendyTec directly or indirectly for any of the below activities:
(1) Transmitting Unsolicited Commercial e-mail (UCE)
(2) Transmitting bulk e-mail
(3) Being listed, or, in our sole opinion is about to be listed, in any
Spam Blacklist or DNS Blacklist
(4) Posting bulk Usenet/newsgroup articles
(5) Denial of Service attacks of any kind
(6) Excessive use of any web service obtained under this agreement beyond
reasonable limits as determined by the Parent in its sole discretion
(7) Copyright or trademark infringement
(8) Unlawful or illegal activities of any kind
(9) Promoting net abuse in any manner (providing software, tools or
information which enables, facilitates or otherwise supports net abuse)
(10) Causing lossage or creating service degradation for other users whether
intentional or inadvertent.
(2) Parent in its sole discretion will determine what constitutes as
violation of appropriate usage including but not limited to all of the above.
(3) Data in the TrendyTec Database cannot be used for any purpose other than
those listed below, except if explicit written permission has been obtained
from Parent: -
(1) To perform services contemplated under this agreement; and
(2) To communicate with the Sub-Reseller, Lower Tier Sub-Reseller or
Customer of an Order with respect to the Order, Support thereof, or any other
matter pertaining to Parent or its services
(4) Data in the TrendyTec Database cannot specifically be used for any
purpose listed below :-
(1) Mass Mailing or SPAM; and
(2) Selling the data
APPENDIX 'B'
CONFIDENTIALITY
The Resellers use and disclosure of Confidential Information disclosed
hereunder are subject to the following terms and conditions: -
(1) With respect to the Confidential Information, the Reseller agrees that:
(1) The Reseller shall treat as strictly confidential, and use all
reasonable efforts, including implementing reasonable physical security
measures and operating procedures, to preserve the secrecy and confidentiality
of, all Confidential Information received from Parent.
(2) The Reseller shall make no disclosures whatsoever of any Confidential
Information to others, provided however, that if the Reseller is a corporation,
partnership, or similar entity, disclosure is permitted to the Reseller's
officers and employees who have a demonstrable need to know such Confidential
Information, provided the Reseller shall advise such personnel of the
confidential nature of the Confidential Information and of the procedures
required to maintain the confidentiality thereof; and
(3) The Reseller shall not modify or remove any confidentiality legends
and/or copyright notices appearing on any Confidential Information of Parent.
(2) The obligations set forth in this Appendix shall be continuing,
provided, however, that this Appendix imposes no obligation upon the Reseller
with respect to information that:
(1) is disclosed with Parent's prior written approval; or
(2) is or has entered the public domain in its integrated and aggregated
form through no fault of the receiving party; or
(3) is known by the Reseller prior to the time of disclosure in its
integrated and aggregated form; or
(4) is independently developed by the Reseller without use of the
Confidential Information; or
(5) is made generally available by Parent without restriction on
disclosure.
(3) In the event the Reseller is required by law, regulation or court order
to disclose any of Parent's Confidential Information, the Reseller will
promptly notify Parent in writing prior to making any such disclosure in order
to facilitate Parent seeking a protective order or other appropriate remedy
from the proper authority, at the Reseller's expense. Reseller agrees to
cooperate with Parent in seeking such order or other remedy. Reseller further
agrees that if Parent is not successful in precluding the requesting legal body
from requiring the disclosure of the Confidential Information, it will furnish
only that portion of the Confidential Information which is legally required.
(4) In the event of any termination of this Agreement, all Confidential
Information, including all copies, partial copies of Confidential Information,
copied portions contained in derivative works, in the Reseller's possession
shall be immediately returned to Parent or destroyed. Within 30 (Thirty) days
of termination of this Agreement, the Reseller will certify in writing of the
Agreement, to Parent Reseller's compliance with this provision.
(5) In the event of any termination of any Reseller Product Agreement Extensions, all Confidential Information, including all copies, partial copies of Confidential Information, copied portions contained in derivative works,
pertaining to that Parent Product and the Reseller Product Agreement Extension
in the Reseller's possession shall be immediately returned to Parent or
destroyed. Within 30 (Thirty) days of termination of the Reseller Product
Agreement Extension, the Reseller will certify in writing, to Parent,
Reseller's compliance with this provision.
(6) The Reseller shall provide full voluntary disclosure to Parent of any
and all unauthorized disclosures and/or unauthorized uses of any Confidential
Information; and the obligations of this Appendix shall survive such
termination and remain in full force and effect.
(7) The Resellers duties under this Appendix shall expire five (5) years
after the information is received or earlier, upon written agreement of the
parties.
(8) The Reseller agrees that Parent shall be entitled to seek all available
legal and equitable remedies for the breach by the Reseller of all of these clauses in Appendix 'B' - CONFIDENTIALITY at the cost of the Reseller.
APPENDIX 'C'
PAYMENT TERMS AND CONDITIONS
1. ADVANCE ACCOUNT
(1) Prior to purchasing any Parent Products, the Reseller shall maintain an
Advance Account with Parent.
(2) As and when, the Reseller purchases Parent Products, the Reseller's
Advance Account balance shall be reduced as per the then current pricing of
that Parent Product as mentioned in the Reseller Control Panel or on the Parent
Website or during the ordering process.
(3) Parent shall maintain a record of Reseller's Advance Account balance,
which shall be accessible by the Reseller. If the Reseller's Advance Account
balance is insufficient for processing any Order then that Order shall not be
processed.
(4) The Advance Account will maintain the Reseller Credit in both the
Accounting Currency and Selling Currency of the Parent's choice. Parent has the
right to modify the currency at anytime.
(5) Any negative balance in the Reseller's Advance Account will be
immediately payable. If a Reseller does not remedy a negative balance in their account within 24 hours, Parent has the right to terminate this agreement with immediate effect and without any notice. Upon such termination or otherwise
Parent shall continue to have the right to initiate any legal proceedings against the Reseller to recover any negative balance in the Reseller's Advance
Account.
(6) Parent shall have the right to set-off any payment received from the
Reseller, or Sub-Reseller, or Lower Tier Sub-Reseller, or Customer against any
negative balance in the Reseller's Advance Account.
(7) Any discrepancy, mistake, error in the credit / debit / amount in the
Reseller Transactions / Advance Account maybe corrected by Parent at anytime
2. PAYMENT TERMS
(1) Parent will accept payments from the Reseller only by means specified
in the Reseller Control Panel
(2) Parent will credit all payments received to the Resellers Advance
Account after deducting all bank charges, processing charges and any other
charges which Parent may choose to levy upon its sole discretion, within
reasonable time of receiving the credit in Parent's Account. The exchange rate
will be determined by Parent through a reasonable source. The exchange rate determined by Parent shall be undisputable.
(3) A processing charge will be deducted on all Credit Card Transactions. This processing charge will be at the discretion of Parent, and will be mentioned in the Reseller Control Panel or on the Parent Website.
(4) It is the Reseller's responsibility to provide the Reseller Username to Parent to be credited for the payment. The absence of the Reseller Username along with reasonable information will delay the corresponding credit to the Advance Account.
(5) In the event that the Reseller charges back a payment made via Credit
Card or the payment instrument sent by the Reseller bounces due to Lack of Funds or any other Reason, then
(4) Parent may immediately suspend TrendyTec Users' access to the TrendyTec
(5) Parent has the right to terminate this agreement with immediate effect
and without any notice.
(6) Parent in its ABSOLUTE and UNFETTERED SOLE DISCRETION may delete,
suspend, deny, cancel, modify, take ownership of or transfer any or all of the
Orders placed by the Reseller, or Sub-Resellers or Lower Tier Sub-Resellers or
Customers as well as stop / suspend / delete / transfer any Orders currently
being processed.
(7) Parent in its ABSOLUTE and UNFETTERED SOLE DISCRETION may Transfer all
Orders placed by the Sub-Resellers or Lower Tier Sub-Resellers or Customers of
the Reseller to any other Reseller, or under Parent's account.
(8) Parent in its ABSOLUTE and UNFETTERED SOLE DISCRETION may levy
reasonable additional charges for the processing of the Charge-back / Payment Reversal in addition to actual costs of the same.
(9) Any negative balance in the Resellers Advance Account shall become
immediately payable
(10) Parent shall have the right to initiate any legal proceedings against
the Reseller to recover any such liabilities.
3. PRICING TERMS
(1) All pricing in this Agreement as well as every Reseller Product Agreement Extension refers to the price at which the Reseller may Purchase the
corresponding Parent Product. This is excluding taxes, surcharges or any other costs.
(2) Parent may at any time change the price of any Parent Product with reasonable notification to the Reseller.
4. REFUNDS AND REIMBURSEMENT TERMS
(1) All Clear Balance pending in the Advance Account maybe reimbursed fully
to the Reseller, on request of the Reseller. Such Request must be sent to Parent in the manner prescribed by Parent.
(2) All bank charges applicable and a reasonable processing fee will be
deducted from this amount. All Refunds and Reimbursements will take up to 14
Business Days from the date of receipt of the request, to process.
(3) Parent will not be responsible for any differences in the reimbursement amount due to Fluctuation in International Currency rates. Parent will determine in its sole discretion appropriate conversion rates for currency exchange.
(4) Parent will not refund any amount that has already been debited to the Resellers Advance Account under any circumstances. |