To begin the enrollment process, the applicant will complete and submit a Distributor Application. The applicant will become an authorized distributor (“Distributor”) of Zen Veda upon Zen Veda’s acceptance of the application.
Distributor agrees to purchase Zen Veda products at the stipulated distributor prices and agrees to make payment using the payment methods provided by Zen Veda.
Distributor is granted non-exclusive rights to promote and distribute Zen Veda products within an agreed-upon territory.
Distributor must meet the quarterly minimum sales target set by Zen Veda to maintain distributorship status.
Distributor agrees not to sell Zen Veda products at a price lower than the minimum suggested retail price set by Zen Veda.
Distributor agrees to adhere to Zen Veda’s branding and marketing guidelines and shall not undertake any branding or marketing activity that is not approved by Zen Veda.
Zen Veda will provide necessary training and support to the Distributor to ensure a proper understanding of the products.
All pricing, technical specifications, strategies, and other proprietary information provided by Zen Veda remains the intellectual property of Zen Veda and should not be shared or distributed without Zen Veda’s written consent.
Either party may terminate this agreement with a 30-day written notice. In case of breach of any terms by the Distributor, Zen Veda reserves the right to terminate immediately.
The Distributor agrees to indemnify Zen Veda against any losses, damages, or expenses incurred by Zen Veda arising out of the Distributor’s actions or representations.
For the duration of this agreement, and for 1 year after its termination, the Distributor agrees not to represent, promote, or sell any product that competes with Zen Veda’s offerings.
Any disputes or disagreements between Zen Veda and the Distributor will be settled through arbitration in a location determined by Zen Veda.
Zen Veda reserves the right to amend the terms and conditions of this agreement as it deems necessary.
This agreement shall be governed by the laws of the jurisdiction in which Zen Veda is headquartered.