1) The promoter will display Allied Blenders & Distillers products and be responsible for contractual issues with retailers.
2) The promoter will receive consideration from ABD's designated bank account, and will designate authorized signatories for the account. The promoter must submit monthly reconciliations of the account and report any errors.
3) In exchange for promotion services, ABD will pay the promoter a monthly cost per case, plus applicable tax. The promoter will initially fund ABD Rs. 4.5 crores for 90 days to cover the cost per case computation. ABD will credit the promoter's consideration only after verifying the promoter disbursed the retailer's consideration for that month.
1) The promoter will display Allied Blenders & Distillers products and be responsible for contractual issues with retailers.
2) The promoter will receive consideration from ABD's designated bank account, and will designate authorized signatories for the account. The promoter must submit monthly reconciliations of the account and report any errors.
3) In exchange for promotion services, ABD will pay the promoter a monthly cost per case, plus applicable tax. The promoter will initially fund ABD Rs. 4.5 crores for 90 days to cover the cost per case computation. ABD will credit the promoter's consideration only after verifying the promoter disbursed the retailer's consideration for that month.
1) The promoter will display Allied Blenders & Distillers products and be responsible for contractual issues with retailers.
2) The promoter will receive consideration from ABD's designated bank account, and will designate authorized signatories for the account. The promoter must submit monthly reconciliations of the account and report any errors.
3) In exchange for promotion services, ABD will pay the promoter a monthly cost per case, plus applicable tax. The promoter will initially fund ABD Rs. 4.5 crores for 90 days to cover the cost per case computation. ABD will credit the promoter's consideration only after verifying the promoter disbursed the retailer's consideration for that month.
to be paid and other contractual issues with the Retailers.
from the designated bank account of the
2.2 The Retailer's Consideration will be disbursed PROMOTER ("Designated Bank Account")' details of which are as under:
signatories for the
2.3 pRoMoTER shall designate only agreed persons as authorized Designated Bank Account'
Account shall be submitted io Altied Blenders
2.4 The reconciliation of the Designated Bank report any error or omission (if occurred on authorized personal on monthly basis and for any funds misapproPriated, loss to immediate basis) and shall be solely responsible its employees' Allied Breweries due to error, omission of
will not be changed by the PRoMoTER for
2.s The particulars of the Designated Bank Account prior written consent of the Principal' any reason whatsoever without the
3. PROMOTER,SCONSIDERATION
to the Principal pursuant
3.1 - lnconsideration for the services being rendered by the PROMOTER has agreed to remunerate the PROMOTER to the provisions of this Agreement, the Principal (cPC) payable monthty plus applicable tax' if any by way of the following cost per case ("PROMOTEPs Consideration")' (Refer grid below)
\,
the extent of Rs 4'50 crs (Rupees
It is to be noted that the promoter will fund ABD to is equivalent to 3 month scheme' The Four crore Fifty Lakhs only) for 90 days which per case computation' above has been considered in the cost
3.2 The PROMOTER's Consideration will be credited
to the other Bank Account of the pRoM9TER by the principal only after the Principal has verified solely to its satisfaction that