Between
Living Collective India Private Limited ("Platform")
and
The Vendor (as per business registration details) ("Vendor")
Effective Date: As per the date of acceptance by the Vendor on the platform.
This Tie-Up Agreement establishes the terms under which the Vendor will list and sell products/services on the Platform. The Platform acts solely as an intermediary providing technology, listing space, and payment facilitation.
The Vendor confirms that:
The Vendor agrees that:
The Vendor shall:
The Platform will:
The Platform is not responsible for product quality, delivery, delays, damages, or disputes between Vendor and Buyer.
Option A: Marketplace Model
The Platform will collect payments from customers and settle them to the Vendor after deducting the agreed commission and charges.
6.3 Platform Transaction Fee
The Vendor agrees to pay the Platform a transaction fee of 10% (ten percent) on the gross value of each successful sale processed through the Platform. This fee shall be deducted from the settlement amount before payment is released to the Vendor. The fee covers the use of the Platform's technology, listing space, payment facilitation, and support services.
Option B: Direct Pay (no settlement by platform)
Customers will pay the Vendor directly. The Platform does not handle money or settlement.
The Vendor accepts full responsibility for:
The Platform is not liable for any disputes arising from the transaction.
The Vendor agrees to indemnify and hold harmless the Platform from all:
arising from the Vendor's products, services, or actions.
Either party may terminate this agreement with 7 days' written notice.
The Platform may terminate immediately if:
This Agreement is governed by the laws of India.
Any disputes will be subject to the exclusive jurisdiction of courts at Chennai, Tamil Nadu.
Platform:
Name: ____________________
Designation: ____________________
Signature: ____________________
Vendor:
Name: ____________________
Business Name: ____________________
Signature: ____________________
By registering your business on Living Collective India Private Limited, you acknowledge that you have read, understood, and agree to be bound by this Tie-Up Agreement.