I hereby submit my Application to become an independent distributor of lakshnaa products. My application and this Agreement become effective on the date accepted by lakshanaa lifescience. Lakshanaa lifescience may accept or refuse my Application at its own discretion. I certify that I am a lawful citizen of India and that I am of legal age to enter into this agreement.
I I understand that I am contracting with lakshnaa lifescience for the right to purchase and distribute products and for the promotion of certain sales as described below. Lakshanaa the direct selling division of lakshnaa lifescience has the responsibility to promote the sale of Products. The term “Agreement” shall mean the Application and the Compensation Plan … I hereby submit my Application to become an independent distributor of lakshnaa products. My application and this Agreement become effective on the date accepted by lakshanaa lifescience. Lakshanaa lifescience may accept or refuse my Application at its own discretion. I certify that I am a lawful citizen of India and that I am of legal age to enter into this agreement.
I I understand that I am contracting with lakshnaa lifescience for the right to purchase and distribute products and for the promotion of certain sales as described below. Lakshanaa the direct selling division of lakshnaa lifescience has the responsibility to promote the sale of Products. The term “Agreement” shall mean the Application and the Compensation Plan and the Distributor Policies and Procedures. I hereby agree to be bound by the Agreement.
I I agree to comply with all applicable laws relevant to conduct of my activities as an independent Distributor under this Agreement. In particular, and without limitation, I must not make any actual or potentially misleading or deceptive claims in relation to doing business with Lakshnaa.
I I understand that as an independent Distributor of lakshnaa I have the right (but not the obligation) to: Buy from lakshnaa lifescience and offer for re-sale lakshnaa Products in accordance with the Agreement in such manner as lakshnaa lifescience may from time to time allow in relation to its independent Distributors generally and only on a direct selling basis and not through retail outlets except to the extent from time to time permitted by lakshnaa science. recommend persons for acceptance as lakshnaa independent Distributors (subject to acceptance by lakshnaa) If qualified, earn bonuses and other rewards pursuant to the Compensation Plan that will be awarded on the same basis as it allows to its independent Distributors generally in respect of legitimate sales of lakshnaa products, and not in respect of the mere introduction of new distributors to lakshnaa.
I Lakshnaa may be required to amend the Agreement from time to time. Lakshnaa agrees to notify me of the amendments, which I may accept or reject. If I reject the amendments, I agree that lakshnaa may choose not to renew the Agreement when its term expires.
I The term of this Agreement is one year, subject to earlier termination in accordance with this Agreement or in accordance with law. I may renew the Agreement when notified by lakshnaa. Lakshnaa lifescience may refuse to renew this Agreement for any reason. If this Agreement is not renewed, or if it is terminated for any reason, I understand that my right to sell lakshnaa products and receive Bonuses in respect of my activities as an independent Distributor will cease. Lakshnaa reserves the right to terminate this Agreement: At any time upon 30 days’ notice if lakshnaa elects to: (a) cease business operations; (b) dissolve as a business entity; or (c) terminate distribution of its products via direct selling channels, At any time upon not less than 7 days’ notice and without further notice if I breach this Agreement and fail to remedy the breach before the end of the stated notice period, or Within 30 days of the application date if I have failed to place any orders, or sponsor any new distributors I may cancel this Agreement at any time, and for any reason, upon emailed notice to lakshnaa at Helpdesk@lakshnaawirld.com from my email account on record with lakshnaa. To the maximum extent permitted by law, LAKSHANAA and its affiliates’ total liability in connection with this Agreement shall be limited to the sums paid by me for Products or the sum of RS. 450,000.00, whichever is the lower.
I LAKSHANAA grants to me a non-exclusive, royalty free, revocable sub-license to use the intellectual property in Lakshnaa 's licensed name, logo, trademarks (whether registered or unregistered), and other intellectual property rights in any materials or documents supplied by LAKSHANAA pertaining to the subject matter of this Agreement for the purpose of promoting the products and sourcing potential customers. I agree that LAKSHANAA may impose restrictions on my use of Lakshnaa's licensed name, trade names and trademarks, logos and other intellectual property and advertising in order to protect the rights, reputation and image of LAKSHANAA and that such restrictions are applied to all independent Distributors generally. I also agree to not apply singly or in association with any other party for registration of any intellectual property licensed or owned by Lakshnaa capable of registration but not registered and to give all reasonable assistance, at LAKSHANAA `s reasonable cost, to assist LAKSHANAA register any such intellectual property.
I I may not assign any rights or delegate my duties under the Agreement without the prior written consent of LAKSHANNA. Any attempt to transfer or assign the Agreement without the express written consent of LAKSHANAA renders the Agreement voidable at the option of LAKSHANAA and may result in termination of my business.
I To the maximum extent permitted by law, LAKSHANAA its parent or affiliated companies, directors, officers, shareholders, employees, assigns, and agents (collectively referred to as “affiliates”), shall not be liable for, and I release Lakshnaa and its affiliates from, all claims for consequential and exemplary damages for any claim or cause of action relating to the Agreement. I further agree to release Lakshnaa and its affiliates from all liability arising from or relating to: My, or any other Distributor’s, breach of the Agreement The promotion or operation of a Lakshnaa business by me or any other Distributor and any activities related to it, including, but not limited to, the presentation of Products or the Compensation Plan, the operation of a motor vehicle, the lease of meeting or training facilities, etc., and agree to indemnify LAKSHANAA and its affiliates for any liability, damages, fines, penalties, or other. Any incorrect data or information provided by me or any other Distributor to LAKSHANAA my, or any other Distributor’s, failure to provide any information or data necessary for LAKSHANAA to operate its business; or Awards arising from any unauthorized conduct that I undertake in operating my business. I further agree to indemnify LAKSHANAA India for any liability, damages, fines, penalties or other awards arising from any unauthorized conduct that I undertake in operating my LAKSHANAA business.
I The Agreement, in its current form and as amended by the Company, constitutes the entire contract between the Company and myself. Any promises, representations, offers, or other communications not expressly set forth in the Agreement are of no force or effect.
I Any variation or waiver by LAKSHANAA of any breach of the Agreement must be in writing and signed by an authorized officer of LAKSHANAA. Waiver by LAKSHANAA of any breach of the Agreement by me shall not operate or be construed as a waiver of any subsequent breach.
I If any provision of the Agreement is held to be invalid or unenforceable, such provision shall be reformed only to the extent necessary to make it enforceable and the balance of the Agreement will remain in full force and effect.
I LAKSHANAA is not responsible for delays in the performance of its obligations under this Agreement when performance is made commercially impracticable due to circumstances beyond its reasonable control.
I The parties consent to jurisdiction and venue before the courts of Harayana jurisdiction only, for purposes of enforcing an award by an arbitrator or any other matter not subject to arbitration.
I If a Distributor wishes to bring an action against LAKSHNAA India for any act or omission relating to or arising from the Agreement, such action must be brought within ninety (90) days from the date of the alleged conduct giving rise to the cause of action. Failure to bring such action within such time shall bar all claims against LAKSHNAA India for such act or omission. Distributor waives all claims that any other statutes of limitations apply.
I In order to be eligible for the payment of bonuses as described in the Compensation Plan, proof of address is required for Indian citizens (non-citizens are prohibited by law from participating). Failure to provide satisfactory proof of address within 30 days of entering into this Agreement shall be deemed a breach and LAKSHANAA may terminate the Agreement without notice. Nomonies for the LAKSHANAA Compensation Plan shall be paid if the PAN card is not verified. No payments shall be made to distributorships outside of India.