The following words used in these presents shall have the meaning as defined here under;
The Company upon verification of the Application may consider the Applicant as “Customer / Sales associate” for the products and services marketed by the Company.
The Sales associate, after marking tick wherever asking to read the Terms and Conditions and to confirm and upon confirming through online in the company’s official website, shall be deemed to have accepted the Sales associate and agreement as follows:
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1.That he has clearly understood that it is not compulsory to participate in the Marketing plan.
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2.That he has clearly understood the Business Opportunity, marketing program, the compensation plan, its limitations and conditions and, he is not depending upon any representation or promises that is not set out in these terms and conditions or other officially printed or published materials of the company.
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3.That he shall act as an independent body and shall not commit any misconduct or wrongdoing to create any liability or obligation over the company of whatsoever nature. Any misconduct will be dealt with severe action.
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4.He has completed 18 years of age as per the Indian Majority Act and is capable to enter into a contract as provided in the "Indian Contract Act". Proof of age should be submitted to the Company.
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5.He shall go through the KYC process.
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6.A Sales associate is not an Employee or any other Legal representative of the company or its service providers.
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7.A Sales associate hereby undertake not to accept cash from any new buyer introduced by him for buying the products and services, and discourage his team members from accepting cash from any buyers.
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8.A Unique ID and password shall be awarded to each Sales associate for viewing of their respective business account. The Sales associate should not disclose the password to anyone and preserve it securely.
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9.The title “Sales associate” is awarded without any commitment/or promise from the company in terms of possible earning potentials.
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10.There shall be no specific targets; however earnings shall be in proportion to the volume of sales done by the Customer / Sales associate by self or through team as specified.
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11.The Company shall maintain sales account of the Customer / Sales associate and shall be made available for viewing through their official website.
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12.The company under no circumstances will accept payment in cash for product and services sales.
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13.The company may appoint any Third Party for Collection/distribution services. Sales associate is required to keep himself updated by visiting the company's official website regularly.
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14.The Products and services can be ordered online through our website. If the payment has been done through Credit Card/Debit Card using payment gateway process or through Terminal Swiping machine, a clear photocopy of the transaction has to be sent with the Unique ID and ID proof to the company, by the purchaser.
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15.Neither it is compulsory nor mandatory to participate in the business/marketing plan of Erudite Marketing private limited.
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16.Sales associate may refer new buyers through ‘Registration Process’.
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17.To participate in the marketing plan of the company the Sales associate has to purchase the products and services of the company and then only he will be eligible towards commission, depending on the volume of sale of products and services done by him, subject to the eligibility norms formulated by the company from time to time. The company does not guarantee any commission to the Sales associate for becoming just a “Sales associate” of the Company.
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18.Unique ID has to be quoted by the Sales associate in all his transactions and correspondence with the company. The Unique ID once chosen cannot be altered at any point of time.
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19.No communication will be entertained without unique ID and basic information, if he is contacting company other than logging in online. Sales associate shall preserve the ID and password properly as it is before logging on to website.
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20.The company will deduct TDS and any other applicable charges on the commission generated as per the existing norms at the time of making payment.
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21.The Sales associate is required to remain active to participate in the marketing plan to earn commission on his sales. To remain active he has to generate minimum of five sales under him within a period of one year. If the Sales associate fails to do so and the business and / or commission of his sponsor is affected, then the sponsor can report to the company on the company’s registered e-mail ID for the termination of the Unique ID of such non-active Sales associate. The sponsor has to obtain the consent of the non-active Sales associate for the termination of his Unique ID if it has to be done within one year of the joining of the non –active Sales associate with the company. If the non-active Sales associate remains non-active for one year then his sponsor doesn’t have to take the consent of the non –active Sales associate, he has to report to the company on the company’s registered e-mail ID for the termination of the Unique ID of such non-active Sales associate. The termination of the Unique ID of any Sales associate is at the discretion of the company.
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22.The non–active Sales associate whose Unique ID has been terminated ceases to be in the marketing plan of the company and will not be entitled to any commission, rewards, etc that are associated with the marketing plan, but such non –active Sales associate whose Unique ID has been terminated still remains to be the part of the company and can utilize the other additional benefits of the company.
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23.The non – active Sales associate whose Unique ID has been terminated, if at a later date wants to participate in the marketing plan of the company he can do so through a sponsor by registering and purchasing the products and services of the company.
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24.The website of the company has contents and materials which is owned by or licensed to the company. The contents or portion of the contents, picture, audios, videos, graphics or presentation in this site should not be used without permission in writing from the author of this site. Any unauthorized usage of contents or parts thereof without permission from Erudite Marketing Private limited will attract legal consequences. Only authorized downloads from website are permitted.
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25.The Sales associate pledges to adhere to the policies, rules & regulations formed by the company.
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26.The Sales associate shall be faithful to the company and his team and shall maintain the integrity and decorum of the company and also maintain good relations with other Sales associates and other clients.
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27.The Sales associate understands that, the company reserves the right to accept or reject his application to become a Sales associate.
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28.The sales associate pledges to maintain confidentiality about company’s information including but not limited to company’s policies, details about product and services, commission, etc.
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29.The Company reserves its right to modify the terms and condition, products and services, marketing plans, business and policies with/without giving prior notice. Such notice may be published through the official website of the company, and any such modification/amendment shall be applicable and binding upon the Sales associate from the date of such publication.
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30.The sales associate will be entitled to receive rewards as and when decided by the company. The rewards are an additional benefit to the compensation plan and are to be given or terminated at the discretion of the company.
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31.Returnable Business Amount (RBA): The sales associate will be entitled to receive Returnable Business Amount (RBA) as and when decided by the company. The Returnable Business Amount (RBA) is an additional benefit to the compensation plan and is to be given or terminated at the discretion of the company. The sales associates availing this benefit will have to return the Returnable Business Amount (RBA) to the company as per the repayment plan decided by the company.
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32.Emergency fund: The sales associate will be entitled to receive Emergency Fund as and when decided by the company. The sales associate availing this benefit will have to disclose and prove the nature of emergency. The Emergency Fund is an additional benefit to the compensation plan and is to be given or terminated at the discretion of the company.
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33.Tie ups: Tie ups are service providers that the company will bind under a memorandum of understanding. The Company is providing this additional facility for the benefit of the sales associates of the company. These tie ups will provide their services to the sales associates of the company at the agreed discounted rate. The sales associates must produce their ID card issued by the company at the tie ups for availing the services of the tie ups. Any dispute arising between the sales associates and the tie ups regarding any matter like financial transaction, services of the tie ups or any kind of fraud or loss of money, etc the company will not be responsible in any possible way. The company has the right to add or remove any tie ups as and when it is deemed necessary by the company.
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34.It is important to note that The Company does not collect any Registration Fees or membership charges.
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1.The Company reserves its right, notwithstanding anything stated or provided herein, to modify the terms and condition, products and services, marketing plans, business and policies in any manner whatsoever the company decides with or without giving prior notice. Such notice may be published through the official website of the company or shall be communicated through any other mode as the company may decide, and any such modification/amendment shall be applicable and binding upon the Sales associate from the date of such publication.
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2.If there are any objections on such amendment those should be intimated in writing to the company within 7 days from the date of such modification/amendment. If the company doesn’t receive any written objection within the specified period, all such amendments to the agreement shall be considered as carried with the consent and thereafter any objection shall be rejected without conditions or limits.
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3.The Company shall not be held liable i.e. responsible by law or legally answerable for any failure to perform its obligations and duties where such failure has resulted due to Acts of Nature (including fire, flood, earthquake, storm, hurricane or other natural disaster), act of foreign enemies, war, invasion, hostilities (whether war is declared or not), civil war, rebellion, revolution, insurrection, military or usurped power or confiscation, terrorist activities, national emergency, demonetization, nationalization, government sanction, blockage, embargo, labour dispute, strike, lockout or interruption or failure of electricity.
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4.The company may at any time, in its sole discretion and without advance notice to you, cease operation of the website and sale of the Products and services.
The Company reserves its rights to pursue legal action and to terminate the Unique ID of the Sales associate for any reason not limited to the breach of terms as specified herein.
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1.I am 18 years old and am eligible to do business.
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2.That I have read and understood the terms and conditions to be the ‘Sales associate" of the Company.
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3.That I have visited the official website of the company and thoroughly read the policies, brochures and understood the Business Opportunity, marketing program, the compensation plan, its limitations and conditions and I am convinced about the business and I have applied to be the Sales associate on my own decision.
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4.That I have not been given any guarantee or promise by the company or by its Sales associates as to any income on account of the product and service purchased made by me. However, I understand that I will be eligible for commission depending upon the volume of business generated by me, as per terms and the Company reserves the right to change the Business Plan and Marketing Plan at any point of time.
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5.I pledge not to misguide or persuade anyone to become a Sales associate to join the company.
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6.That I have understood the Company has rights to take legal action on me and terminate my Unique ID for any misconduct and any reason not limited to the breach of terms as specified, on my part, and on such termination my name would be removed from the system and I will not attend any of the company meetings and will not enter the company premises at any locations and all my transactions will be terminated and I would not be entitled to receive any compensation.
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7.I understand that the company may update or amend their terms and conditions, policies and related materials and contents from time to time without prior intimation to me.
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8.I agree to receive all information from the company through email, SMS, phone call, etc.
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9.I agree to submit all disputes to arbitration as provided in the terms and conditions of the company.
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10.I hereby agree to the terms and conditions as specified along with the application form and as mentioned above I agree to purchase the product and services and join as Sales associate to do the business.