DISTRIBUTOR/DEALERSHIP AGREEMENT
This Distributor/Dealership Agreement (this "Agreement") is made at Chandigarh on 1 April 2026.
BETWEEN
Northline Industries Private Limited, an individual, of Plot No. 8, Phase 8-B, Industrial Area, S.A.S. Nagar (Mohali) 160055, acting through Rohit Nair, Director (the "Principal");
AND
Bansal Trading Co., an individual, of Shop No. 22, Sector 22-C, Chandigarh 160022, acting through Kavita Bansal, Proprietor (the "Distributor").
The Principal and the Distributor are each a "Party" and together the "Parties".
RECITALS
A. The Principal manufactures or supplies: The Principal's range of packaged snack food products, as listed in the Principal's current price list. (the "Product").
B. The Distributor wishes to purchase the Product from the Principal and resell it within the Territory defined below.
C. The Distributor buys the Product on its own account, and this Agreement is a buy-and-resell appointment and not a contract of agency: title and risk in the Product pass to the Distributor on delivery, the Distributor resells at its own risk and for its own profit, and the Distributor has no authority to bind the Principal or to sell in the Principal's name.
NOW THIS AGREEMENT WITNESSES AS FOLLOWS.
- 1. APPOINTMENT
1.1 The Principal appoints the Distributor, and the Distributor accepts appointment, to purchase and resell the Product within The districts of Mohali, Chandigarh and Panchkula (the "Territory"), for the Term.
1.2 Exclusive — the Principal shall not appoint another distributor for the Product, or itself sell the Product directly to a reseller, within the Territory during the Term
- 2. NATURE OF THE RELATIONSHIP
2.1 As Recital C states, the Distributor buys the Product as principal, on its own account, and resells it in its own name and at its own risk. This Agreement does not create a relationship of agency, employment, partnership or joint venture between the Parties, and clause 14 applies.
- 3. MINIMUM PURCHASE
3.1 The Distributor shall purchase at least the value or quantity of Product stated below in each period stated below, failing which the Principal may convert the appointment to non-exclusive, reduce the Territory, or terminate under clause 13
3.2 That target is: Rs 10,00,000 of Product, at list price before discount, per calendar quarter
- 4. PRICE
4.1 The Distributor shall purchase the Product at the Principal's price list as published and revised from time to time, less the discount stated below
4.2 That discount is 15% off the Principal's price list current at the date of the order.
4.3 The Principal may revise its price list from time to time on reasonable prior written notice to the Distributor; a revision applies to orders placed after the notice takes effect, and not to an order already accepted.