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{"id":18077,"date":"2020-06-25T22:10:36","date_gmt":"2020-06-25T22:10:36","guid":{"rendered":"https:\/\/www.naijaown.ng\/?page_id=18077"},"modified":"2020-07-02T10:21:56","modified_gmt":"2020-07-02T10:21:56","slug":"vendor-agreement","status":"publish","type":"page","link":"https:\/\/naijaown.ng\/vendor-agreement\/","title":{"rendered":"Vendor Agreement"},"content":{"rendered":"\n

Naijaown.ng<\/strong><\/p>\n\n\n\n

Terms and Conditions<\/strong><\/strong><\/p>\n\n\n\n

MEISTER HILLS LIMITED<\/strong>, a Limited Liability Company of Suites 7, 3rd Floor, Noble Plaza, Garki, Area 10, Abuja (Hereinafter referred to as the Company) which expression shall where the context so admits include its agents, successors-in-title, representatives and assigns of the one part;<\/p>\n\n\n\n

WHEREAS:<\/strong><\/strong><\/p>\n\n\n\n

  1. The Company is a Limited Liability Company duly registered with the Corporate Affairs Commission to among other things carry on and operate E-Commerce business.<\/li>
  2. The Company in actualization of the above objective established and owns \u201c<\/strong>Naijaown.ng<\/strong>\u201d<\/strong> an e-commerce shopping website\/online platform located at the following URL: http:\/\/www.naijaown.n<\/a>g<\/strong> (hereinafter referred to as the \u201cNaijaown\u201d<\/strong>) which provides Vendors an online platform\/store to display, advertise, market and sell their different products to willing customers who access and browse through Naijaown to shop for products.<\/li>
  3. The Company also has many registered users to whom Company offer various services.<\/li>
  4. Vendor is desirous of setting up an online store on Naijaown Shopping Website and has offered to sell its products through the Company\u2019s online store Naijaown, and hereby makes that offer to the Company.<\/li>
  5. Company accepts the Vendor\u2019s offer and hereby agrees to create the said online store for the Vendor.<\/li>
  6. The above referred Vendor and Company are hereinafter collectively referred to as \u201cParties\u201d and individually as \u201cParty\u201d<\/li>
  7. Both parties have jointly agreed to transact with each other under the terms and conditions stipulated in this agreement.<\/li><\/ol>\n\n\n\n

    NOW THIS AGREEMENT WITNESSES AS FOLLOWS:<\/strong><\/strong><\/p>\n\n\n\n

    Definitions<\/strong><\/p>\n\n\n\n

    For the purpose of this Agreement, the following words and phrases shall have the meaning assigned to them under this Article.<\/p>\n\n\n\n

    1. \u201cCompany\u201d shall mean Naijaown.
      1. \u201cCustomer\u201d shall mean any individual, group of individuals, firm, company or any other entity placing an order for the Products of the Vendor through the Online Store.<\/li><\/ol>
        1. \u201cPrice\u201d shall mean the cost at which the Products are to be delivered to the Customer inclusive of Shipping charges, if any.<\/li><\/ol>
          1. \u201cEffective Date\u201d shall mean the date on which this Agreement is executed.<\/li><\/ol>
            1. \u201cForm\u201d shall mean Form for Ecommerce Service Agreement to be filled in and executed by the Vendor at the time of execution of this Agreement annexed hereto as Annexure \u201cA\u201d.<\/li><\/ol>
              1. \u201cVendor\u201d shall mean the entity incorporated or otherwise more specifically described hereinabove, which sells its products through the Online Store and more particularly described in the attached \u201cForm\u201d.<\/li><\/ol>
                1. \u201cOnline Store\u201d shall mean a virtual electronic store created on the Naijaown Shopping online portal for sale of the Vendor\u2019s Products either through web site of the Company or any other gadget or instrument displaying the particulars of the Vendor\u2019s Products available for sale, or any other means by which the Customer places an order for the Product of the Vendor.<\/li><\/ol>
                  1. \u201cOrder\u201d shall mean an order for purchase of products wherein customer has agreed to purchase the product upon the terms and conditions and at the Price indicated on the online store of the Vendor.<\/li><\/ol>
                    1. \u201cProducts\u201d shall mean merchandise items of the Vendor put up for sale on the Online Store by the Vendor.<\/li><\/ol>
                      1. \u201cPrice\u201d means the sale price of a product inclusive of delivery charges and applicable taxes.<\/li><\/ol>
                        1. \u201cNaijaown\u201d means an online platform owned and operated by the Company that facilitates the shopping transaction between the Vendor and the Customer.<\/li><\/ol>
                          1. \u201cShipping Charges\u201d shall mean the logistics\/courier\/postal charges including all taxes incurred for delivering the product(s) to the Customer.<\/li><\/ol>
                            1. \u201cShipment Cost\u201d shall mean the cost and taxes recovered by the Company from the Vendor per order for handling the logistics.<\/li><\/ol>
                              1. \u201cSign-up Fees or Percentage\u201d shall mean the non-refundable fees payable by the Vendor at the time of execution of this Agreement towards the initial creation of online store.<\/li><\/ol>
                                1. \u201cService charge\u201d shall mean the margin per transaction charged by the Company to the Vendor at the rates agreed to between the parties, upon the sale of product on online store.<\/li><\/ol><\/li><\/ol>\n\n\n\n

                                  MODE OF OPERATION<\/strong><\/p>\n\n\n\n

                                  • The Company shall offer to the Vendor its services for facilitating online sale of the Vendor\u2019s product which shall include hosting and technology, customer support, logistics services (if availed by the Vendor), payment services and all the other related services to ensure customer satisfaction on behalf of the Vendor. For this arrangement, the Vendor shall pay service charges as specified under these presents, to the Company for the sale being effected through the Online Store created on the Naijaown website of the Company.
                                    • Based on mutual discussions, it is agreed by and between the parties hereto that the Vendor shall put up for sale its Products on the said Online Store, subject to the terms and conditions hereinafter containingned. Vendor further agrees and acknowledges that the shopping transaction shall be governed by the \u201cTerms of Use\u201d of Naijaown.ng (incorporated in this agreement by way of reference and forms part of this Agreement) along with this Agreement.<\/li><\/ul><\/li><\/ul>\n\n\n\n

                                      Consideration and Payment Terms<\/strong><\/strong><\/p>\n\n\n\n

                                      • Vendor shall either make the payment percentage or fees depending on what works for them for the creation of Online Store at the time of execution of this Agreement. The service tax if any shall be charged by the Company, at the applicable rates.
                                        • The said Online store shall be displayed on the Naijaown.ng website during the subsistence of this Agreement.<\/li><\/ul>
                                          • The Company shall collect the Payment on behalf of the Vendor in respect of the Orders received through Online Store. In consideration of the services rendered under these presents, the Company shall charge the Services charges to the Vendor at the rates specified by the Company. The Company shall pay the Vendor an amount recovered as Price minus the sum of shipping charges, service charges and shipment cost in respect of approved order(s) through the Online Store. The shipment cost will be levied at 5%<\/strong> per transaction (by a particular customer). The said Shipment cost will be independent of the Quantity shipped for a transaction by a particular customer. However, in the event, the Vendor handles the Shipment of the Products; the Company shall pay to the Vendor an amount recovered as Price minus the service charges. Any amount to be paid to the Vendor by the Company shall be paid net of reversals.<\/li><\/ul>
                                            • In the event any order is reversed due to \u201cDamaged product\u201d, or \u201cQuality Issue\u201d, Vendor agrees that the Company shall levy the Service charges, plus a penalty of the service charge of the product (up to a maximum limit of 30% of the given product) and the said charges will be deducted from the amount due and payable to Vendor.<\/li><\/ul>
                                              • Payment reimbursement of the Sale Proceeds to Vendor shall be done by Company in the following manner:
                                                • Vendor shall prepare a consolidated advice list of all orders delivered to the Company, 4 times in a month for every 7 days.<\/li><\/ul>
                                                  • The Company shall within 7 working days of receipt of advice process the amount due to Vendor and dispatch the Cheques\/Demand draft favouring the Vendor on line transfers.<\/li><\/ul><\/li><\/ul>
                                                    • The Company shall deduct charges as specified and agreed with the Vendor from the total amount collected as Price for the orders received by the customer through online store.<\/li><\/ul><\/li><\/ul>\n\n\n\n

                                                      Obligations of the Vendor<\/strong><\/strong><\/p>\n\n\n\n

                                                      The Vendor shall:<\/p>\n\n\n\n

                                                      • Through the interface provided by the Company on the creation on Online Store of Vendor, shall upload the product description, images, disclaimer, price and such other details for the products to be displayed and offered for sale through the said online store.
                                                        • Vendor shall ensure not to upload any description\/image\/text\/graphic that is unlawful, illegal, objectionable, obscene, vulgar, opposed to public policy, prohibited or is in violation of intellectual property rights including but not limited to Trademark and copyright of any third party. Vendor shall ensure to upload the product description and image only for the product which is offered for sale through the Online Store and for which the said Online Store is created.<\/li><\/ul>
                                                          • Vendor shall provide full, correct, accurate and true description of the product so as to enable the customers to make an informed decision.<\/li><\/ul>
                                                            • Vendor shall be solely responsible for the quality, quantity, merchantability, guarantee, warranties in respect of the products offered for sale through their online store.<\/li><\/ul>
                                                              • At all times have access to the Internet and its email account to check the status of approved orders,<\/li><\/ul>
                                                                • In respect of the orders for Products placed through the Online Store, Vendor shall submit proof of dispatch to the satisfaction of Company within 48 hours of the request made by Company.<\/li><\/ul>
                                                                  • In the event the products are not accepted by the Customer due to any wrong\/damaged products dispatched, then the same shall be replaced by the Vendor at no extra cost to the aggrieved customer. Since the Company is a Facilitator, the Vendor hereby authorizes the Company to entertain all claims of return of the Product in the mutual interest of the Vendor as well as the Customer.<\/li><\/ul>
                                                                    • The Vendor shall not offer any Products for Sale on the Online Store, which are prohibited for sale, dangerous, against the public policy, banned, unlawful, illegal or prohibited under the Nigeria laws.<\/li><\/ul>
                                                                      • The Vendor shall ensure that they own all the legal rights in the Products that are offered for sale on the Online Store.<\/li><\/ul>
                                                                        • The Vendor shall pass on the legal title, rights and ownership of the Products uploaded for sale on the Online Store.<\/li><\/ul>
                                                                          • The Vendor shall at all time during the pendency of this agreement endeavor to protect and promote the interests of the Company and ensure that third parties rights including intellectual property rights are not infringed.<\/li><\/ul>
                                                                            • The Vendor shall at all times be responsible for compliance with all applicable laws and regulations including but not limited to Intellectual Property Rights, Local Sales Tax, Central Sales Tax, Service tax, Value added tax, Standards of Weights & Measures legislation, Sale of Goods Act, Excise and Import duties, Drugs and Cosmetics Act, Drugs and Remedial Magic Act, Code of Advertising Ethics, etc.<\/li><\/ul><\/li><\/ul>\n\n\n\n

                                                                              Warranties, Representations and Undertakings of the Vendor<\/strong><\/strong><\/p>\n\n\n\n

                                                                              The Vendor warrants and represents that<\/p>\n\n\n\n

                                                                              • It\/he has the right and full authority to enter into this Agreement with the Company.
                                                                                • All their obligations under this Agreement are legal, valid and binding obligations enforceable in law.<\/li><\/ul>
                                                                                  • There are no legal proceedings pending, which may have a material adverse effect on their ability to perform and meet their obligations under this Agreement;<\/li><\/ul>
                                                                                    • That it\/he is an authorized business establishment and hold all the requisite permissions, authorities, approvals and sanctions to conduct their business and to enter into an arrangement with the Company. They shall at all times ensure compliance with all the requirements applicable to their business and for the purposes of this arrangement including but not limited to Intellectual Property Rights, Sales Tax, Central Sales Tax, Service tax, Standards of Weights & Measures legislation, Sale of Goods Act, Value added tax, Excise and Import duties, etc. They confirm that they have paid and shall continue to discharge all their obligations towards statutory authorities.<\/li><\/ul>
                                                                                      • That it\/he has adequate rights under relevant laws including but not limited to various Intellectual Property Legislation(s) to enter into this Agreement with the Company and perform the obligations contained herein and that it has not violated\/infringed any intellectual property rights of any third party. That they shall provide the Company with copies of any document required by the Company for the purposes of this performance of its obligations under this arrangement within 24 hours of getting a written notice from the Company.<\/li><\/ul>
                                                                                        • Vendor agrees and undertakes not to upload any text, images, graphics (for description and display of product on the online store) that is vulgar, obnoxious, inaccurate, false, incorrect, misleading, intimidating, against the public policy.<\/li><\/ul>
                                                                                          • Vendor shall pay the Company a service charge as specified by the Company on every transaction it enables and that Vendor shall provide all completed transaction details to the Company for record keeping and reconciliation.<\/li><\/ul>
                                                                                            • Vendor shall prior to release of any promotion\/advertisement material seek prior written approval for the same from the Company, in so far as the same relates to services offered pursuant to the terms of this Agreement.<\/li><\/ul><\/li><\/ul>\n\n\n\n

                                                                                              Rights of the Company:<\/strong><\/strong><\/p>\n\n\n\n

                                                                                              • Vendor agrees and acknowledges that the Company, at all times during the continuance of this Agreement, shall have the right to remove\/block\/delete any text, graphic, image(s) uploaded on the online store by the Vendor without any prior intimation to Vendor in the event the said text, image, graphic is found to be in violation of law, breach of any of the terms of this Agreement, terms and conditions of Naijaown Website. In such an event, the Company reserve the right to forthwith remove\/close the online store of the Vendor without any prior intimation or liability to the Vendor.
                                                                                                • Company reserves the right to provide and display appropriate disclaimers and terms of use on Naijaown Shopping portal.<\/li><\/ul>
                                                                                                  • At any time if the Company believes that the services are being utilized by the Vendor or its Customer in contravention of the terms and provisions of this Agreement, Terms and conditions of use of Naijaown Shopping, the Company shall have the right either at its sole discretion or upon the receipt of a request from the legal\/statutory authorities or a court order to discontinue\/terminate the said service(s) to Customer or the end user as the case may be, without liability to refund the amount to the Vendor to forthwith remove\/block\/close the online store of the Vendor and furnish such details about the Vendor and\/or its customers upon a request received from the Legal\/Statutory Authorities or under a Court order.<\/li><\/ul><\/li><\/ul>\n\n\n\n

                                                                                                    Indemnity<\/strong><\/p>\n\n\n\n

                                                                                                    • The Vendor indemnifies and shall hold indemnified the Company, its directors, officers, employees, representatives, agents from and against all losses, damages, claims, suits, legal proceedings and otherwise howsoever arising from or in connection with any claim including but not limited to claim for any infringement of any intellectual property rights or any other rights of any third party or of law, concerning quality, quantity and any claim in relation to the Vendor\u2019s product, the breach of any of the Vendor\u2019s warranties, representations or undertakings or in relation to the non-fulfillment of any of its obligations under this Agreement or arising out of the Vendor infringing any applicable laws, regulations including but not limited to Intellectual Property Rights, Local Sales Tax, Central Sales Tax, Service tax, Value Added tax, The Standards of Weights & Measures legislation, Excise and Import duties, etc. For the purpose of this clause reference to the Company shall also include the Mobile Operators and such other agencies through whom the Company shall make the Online Store available to the Customers.
                                                                                                      • The Company agrees to indemnify and to keep indemnified the Vendor in respect of all claims losses and expenses (including the cost of litigation if any) arising out of any breach or default part of the Company to perform its obligations under this Agreement.<\/li><\/ul>
                                                                                                        • This article shall survive the termination or expiration of this Agreement.<\/li><\/ul><\/li><\/ul>\n\n\n\n

                                                                                                          Company not Liable<\/strong><\/strong><\/p>\n\n\n\n

                                                                                                          • The Company on the basis of representation by the Vendor has created the online store of the Vendor on Naijaown Shopping portal to enable Vendor to offer the Vendor\u2019s products for sale through the said Online Store. This representation is the essence of the Contract.
                                                                                                            • The Company shall under no circumstances be liable or responsible for any loss, injury or damage to the Vendor, or any other party whomsoever, arising on account of any transaction under this Agreement or as a result of the Products being in any way damaged, defective, in unfit condition, infringing\/violating any laws \/ regulations \/ intellectual property rights of any third party.<\/li><\/ul>