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The Cost of Product is non refundable under any
circumstances.
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The Cost of Product may be paid in case in the form of
Bank DD in favor of SPEED RIDER MARKETING PVT. LTD., Payable at Jaipur.
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Company is selling its every product under the special
scheme in which if the purchaser filling the form given with the product
may willingly enrolled himself in the company as "Independent
Distributor".
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Distributor of the company will be part of the
Marketing Network and will be entitled company's product.
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Every distributor of the company is expected to be
sincere to commitment and be ready to put efforts towards the promotion of
the product.
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A distributor shall be entitled to receive commissions
and other incentives as applicable at the given time, subject to
fulfillment of terms and conditions of company.
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The company shall amend terms and conditions, rules and
regulations and commissions and incentives as required such changes shall
be only implemented after duly approved by the board of direction of the
company.
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All the commissions, incentive and security amount of
the distributors shall solely depend upon joining of distributors in the
company.
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Confirmation as a distributor or achieving the target
of various level i.e., leader, Team Leader, Star, Silver Star, Gold Star,
Diamond Star Honorary Directors etc. Does not create any employer /
employee relationship, agency, partnership or joint venture between the
distributor and the company.
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The distributor will not have any right / authority to
incur or debit / liabilities / Obligation for and on behalf of the company
unless duly authorized in written.
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(A) The company may terminate the independent
distributors without prior notice on the
following grounds.
(B) If an independent distributor acts against the interest of the
company.
(C) If found any statement or information made in the application to
be false or missing.
(D) If any independent distributor / family member / guardian
represent any other
network marketing company engaged in the
similar nature of business.
(E) The right of a terminated distributor to receive compensation
(in whatever form) SPEED
RIDER MARKETING (P) LTD. Ceases immediately
from the date of termination.
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The distributors is not allowed to sale / transfer his
distributor code to anybody than his / her distribution code will be
terminated with immediately effect.
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Whenever a distributor a suspended, his/her suspension
shall be imposed for a certain period, during the suspension period the
distributor shall not be allowed to participate in any development
activities / programmers of the company.
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In case of any dispute / grievances between distributor
and the company the same shall be place before the general body meeting.
The decision taken by the general body meeting shall be treated as final
and binding on all the issues.
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Upon death of a distributors code shall stand
transferred to the nominee mentioned in the registration form, who will be
entitled to receive all benefits. This will be done on submission of death
certificate and other necessary documents from the appropriate authority
to the company along with filled registration forms of nominee.
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Company have all the rights to withdraw, change or
cancelled any scheme prior to one month notice.
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The company shall deduct TDS and other taxes and when
applicable at the time of payment.
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The company shall charge Rs. 50/- to reissue
distributor duplicate ID card / receipt.
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No payments shall be released without bank account No.
and PAN under normal circumstances.
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All the dispute are shall be subject to Jaipur
(Rajasthan) jurisdiction only.