Experts in carbide tooling

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1. Appointment of Distributor

Alumina Carbides Inc hereby appoints the Distributor as a non-exclusive authorized distributor to market, sell, and support Alumina Carbides Inc. products within the designated territory, as mutually agreed in writing.

2. Validity of Agreement

This agreement remains valid for one (1) year from the date of signing and may be renewed or terminated upon mutual consent or as per the terms herein.

3. Orders and Confirmations

All orders shall be placed in writing and confirmed by the Alumina Carbides Inc before production or dispatch. The Alumina Carbides Inc reserves the right to accept or reject orders based on stock availability, credit standing, or company policies.

4. Pricing and Taxes

Prices shall be as per the official price list or quotations issued by the Alumina Carbides Inc. Applicable duties/ courier charges shall be borne by the Distributor unless otherwise stated.

5. Payment Terms

a) New Distributors: First three orders shall be on 100% advance payment basis.
b) Approved Distributors: Net 30 days from invoice date, subject to satisfactory payment history.
c) Delayed Payments: Interest at 5% per month from due date until cleared.
d) The Company reserves the right to suspend dispatches in case of overdue payments or default.

6. Delivery and Risk

Delivery shall be Ex-Works / FOB unless otherwise specified. Risk transfers to the Distributor upon dispatch. The Company shall not be liable for delays due to transportation, customs, or force majeure conditions.

7. Warranty and Claims

Products are warranted against manufacturing defects for six (6) months under normal usage. Claims must be submitted with supporting documentation within 7 days of detection. Alumina Carbides Inc.’s liability is limited to replacement or credit only.

8. Marketing and Brand Usage

The Distributor shall promote products in accordance with Company guidelines and use official marketing materials, branding, and trademarks responsibly. Unauthorized alteration of brand identity is strictly prohibited.

9. Confidentiality

The Distributor agrees to maintain strict confidentiality of all trade, technical, and pricing information shared by the Company during the course of this agreement.

10. Termination

Either party may terminate this Agreement with 30 days’ written notice. The Company may terminate immediately in case of breach of payment terms, misconduct, or actions that may damage brand reputation.

11. Governing Law and Jurisdiction

This Agreement shall be governed by and construed under the laws of India. All disputes are subject to the exclusive jurisdiction of the courts of Bengaluru, Karnataka.

12. Acceptance of Terms

By signing below, both parties acknowledge that they have read, understood, and agreed to the terms of this Agreement and the accompanying Payment Terms and Conditions.

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