Agreement

This agreement is made on the ………… day of…………… , 2022 between ………………….. ………………………………………………………………………………… (PAN…………………………………….) (the registered office of the Company at ……………………. Chinar Park, P.O. Hatiara, Kolkata-700157) (hereinafter called the “Principal”) of the First Part and………………………… …………………………… (PAN……………………………………..) residing /located at …………………………………………………………………………………………….. (hereinafter called the “Agent”) of the Second Part.

Whereby it is agreed between the First Part and the Second Part as follows:
  • 1.That the agent is sole agent of the First Part for ………………………………….Town/Sub division City in the District of …………………………….( hereinafter called the “Agency……………………………..” ) for the purpose of Selling services, namely booking of Airways/Railways/Bus etc. tickets for travelling and also booking Suite(s)/Room(s) of farm house, resorts, hotels and motels, home stead etc. for customers and clients for a term of ……………month(s)/year(s) commencing from the date hereof on the terms and conditions set forth hereunder.
  • 2. That the agent shall not, while selling the services offered by the Principal, give any warranty after sale.
  • 3. That the agent shall be allowed commission on every sale effected by the Second Part at…………………percent on First Part’s Listed Price of all services sold on behalf of the First Part.
  • 4.That the agent shall, however, be allowed to include an “add on” service charge over and above the List Price. While charging “add on” price the Second Part must ensure that it will not be negatively impacting future business and also loyalty of the client in future days.
  • 5. That the agent shall be entitled to offer discount or rebate to any client/customer not exceeding the amount of commission accruable to the Second Part on account of a particular transaction (wherein discount or rebate will be offered).
  • 6. That the Second Part must ensure that all payments to be made through the “Payment Gate Way(s)” as specified by the First Part.
  • 7. That the agent shall not do the similar business dealing in services offered by the Principal within the limits of “Agency………………………………………”
  • 8. That either party may terminate this agreement at its own option after expiration of…………………… months/years by giving a one month notice in writing to the other party of the agreement
  • 9. That the benefits , if any, under this agreement shall not be assignable to any other person, firm, company and etc.
  • 10. The Principal (First Part) shall have the right to summarily terminate the agreement if-
    a) the agent is found guilty of misconduct, negligence of duty or breach of terms of agreement
    b) the agent commits an act of bankruptcy.
  • 11. That the Principal reserves the right to terminate this agreement by one month notice in writing to the agent.
In witness whereof the Parties have signed this Deed.:

Witness

  • 1……………………………………….. Principal
  • Address…………………………………………….. ……………………………………………..
  • 2……………………………………………. Agent
  • Address………………………………….. ……………………………………………….