The Great Indian Bazaar: Trade Point for Indian Manufacturers and exporters

Information for Business and Commerce (InfoBanc) offers various Internet related services to Indian manufacturers, exporters, importers and service providers. For details of these services and other information, please visit www.infobanc.com

While InfoBanc markets the services directly to end-users on its own, it also wishes to appoint Marketing Associates (MA) at various places in India and abroad for marketing its services. The Terms and Conditions for becoming MA are given below. While signing up as Marketing Associate, you are deemed to have read and agreed with these Terms and Conditions.

This agreement is between Information for Business and Commerce, 124-A/7, 3rd Floor, Main Road, Katwaria Sara, New Delhi - 110016 (hereinafter called "InfoBanc") and applicant for Marketing Associate Program (hereinafter called "MA") who has filled-up the on-line Marketing Associate Application Form whose link can be found on left menu panel

InfoBanc agrees to appoint the MA as its representative for marketing its products/services and book orders within agreed marketing zones for its products and services. The MA will approach potential clients through physical meeting, telephone, fax, e-mail, web-site promotion etc. and solicit sale of InfoBanc products and services.

MA will register details of such potential clients (hereinafter called "Sales Leads") in specially created web-register maintained at the web-site http://www.infobanc.com Each such Sales Lead will contain a unique Registration Number and Date of Registration. Access to this area of the web-site (MA Control Panel) needs User id and password.

MA will register a Sales Lead only after soliciting sale of InfoBanc products/services by contacting the potential client individually through physical meeting, telephone, fax, e-mail etc. No sales lead should be registered unless the potential client has been contacted individually, not through mass mailing or such general approach. InfoBanc reserves the right to demand evidence of such individual sales contact before paying any commission or other incentive. MA agrees to fully co-operate with InfoBanc in this regard and satisfy designated officer of InfoBanc with required evidence.

If any company/individual, whose details have been registered as Sales Lead by MA, buys product/service as specified in Sales Lead from InfoBanc within 60 (sixty) days from date of registration - the MA becomes entitled for agreed commission. The buyer of such product or service need not mention MA's name or any other details in the order form.

A sale will be deemed to be made when customer fulfils the specified sales procedure and InfoBanc receives 100% payment for the product/service registered in Sales Lead. A sale will be deemed invalid if the customer does not pay 100% payment within specified period or cancels order or ask for refund.

If two MAs register sales lead for same company and the said company buys infobanc services within 60 days from the date of registration of sales lead - the MA who registered sales lead first will be eligible for commission. In all cases, date of registration and validity of Sales Lead will be the deciding factor. Any other mode of registering sales lead such as Verbal communication, e-mail, postal mail etc. will not be entertained.

All sales leads will automatically expire after 60 days from the date of registration. If MA does not post any sales lead for a long time or the MA account remains inactive for 60 days - infobanc can terminate such inactive MAs. Decision of infobanc in such cases will be final

All orders will be booked using procedure/stationery of InfoBanc. All payment will be made in favour of 'Information for Business and Commerce' in form of Cheque/Demand Draft/Bank Transfer and will be sent to office of InfoBanc at 124-A/7, 3rd Floor, Main Road, Katwaria Sarai, New Delhi - 110 016. MA will never collect cash on behalf of InfoBanc or request customer to make cheque/dd payable in favour of any entity other than 'Information for Business and Commerce'.

There are three levels in MA program, with differential commission and Incentive pay-outs. Please visit Explanation section for detail explanation of every level and extent of commission and other incentives. MA can view status of all sales leads and total commission earned at MA Control Panel. MA can request withdrawal of money from accumulated commission from MA Control Panel. Minimum withdrawal amount is Rs. 1000.

MA will do their best to market the products and services of InfoBanc by identifying potential clients, contacting them individually and soliciting sale. Whenever necessary, it will make available sales plan, market report, sales target etc. to InfoBanc and keep InfoBanc abreast of all sales efforts it is making.

InfoBanc will make available information on potential clients from its database to MA depending upon level of MA and other terms and conditions. InfoBanc is free to decide the extent of such help and MA does not possess any right to dictate terms of such assistance.

InfoBanc reserves the right to market and sell its Services through its own employees or other representatives, and to appoint other sales representatives, both within and outside of the geographic areas in which Marketing Associate operates

MA agrees to bear all expenses in connection with sales, marketing, promotion and other activities related to InfoBanc products and services. MA shall not be entitled to reimbursement from InfoBanc for any such expenses and MA shall hold InfoBanc harmless therefrom.

MA agrees not to communicate false or misleading information in any form to potential clients or carry such material on their website. InfoBanc will have absolute right to determine such false or misleading propaganda which may include but not limited to : mass unsolicited mailing (spam), misleading information about infobanc products and services, false promise to garner sale, defrauding customer or infoBanc, collecting cash payment from customer or any other communication that is untrue. Any violation of this will result in immediate termination of MA agreement without any notice and being liable for damages as deemed by a court of law.

MA agrees not to register sales leads without contacting customers, inflate sales leads through questionable means such as registration of own business in the name of wife, daughter, son etc. or indulge in any other unethical means to increase their commission/incentive fraudulently (as determined solely by InfoBanc).

MA agrees not to communicate objectionable materials through letter, e-mail or any other form or carry such materials on their website which would revoke their associateship, as determined by InfoBanc. Examples of objectionable materials include but not limited to:
- Adult/sex related content or link to such sites
- Explicit, vulgar or obscene language posting
- Referencing of sexually explicit images or other offensive content
- Promotion of adult services, such as phone sex or escort services
- The content of website, newsletter or e-mail cannot infringe on any personal, intellectual property or copyrights
- Content relating to Racial, ethnic, political, hate-mongering or otherwise objectionable content
- Fraudulent investment, money-making opportunities or advice not permitted under law
- Gratuitous violence or profanity material that defames, abuses, or threatens physical harm to others or to you
- Promotion of illegal substances or activities such as illegal online gambling, how to build a bomb, counterfeiting money, etc.

InfoBanc reserves the right to terminate any MA contract for any reason whatsoever. Termination notice will be provided via e-mail and will be effective immediately. All legitimate moneys due to MA will be paid during the next billing cycle. If MA defrauds the system, then payment is revoked as determined solely by InfoBanc.

As MA, you guarantee that all content, products, and services on your website are legal to distribute and that you own or have the legal right to use any and all copyrighted material.

MA irrevocably covenants, promises and agrees to indemnify InfoBanc and to hold InfoBanc harmless from and against any and all losses, claims, expenses, suits, damages, costs, demands or liabilities, arising from any and all claims and lawsuits for copyright, slander, libel, and trademark violation as well as all other claims resulting from MA's web pages and/or e-mails or other communications.
If any MA violates or refuses to take part in their responsibilities, or commits fraudulent activity, InfoBanc reserves the right to withhold payment and take appropriate legal action to cover its damages.

InfoBanc reserves the right to change any conditions of this contract at any time. Change notices are sent to MAs by email, and MAs are responsible for complying with any changes to the contract within 10 calendar days from the date of change. Failure of the MA to terminate the agreement within those 10 calendar days will constitute acceptance of the changes to this contract.

InfoBanc gives no warranty, express or implied, for any and all services and products provided, including, but not limited to, warranty of merchantability and warranty of fitness for a particular purpose. This statement expressly includes any reimbursement for losses of income due to disruption of service by InfoBanc or its associated companies, web-sites.

MA agrees to settle any dispute under this agreement under the laws of Delhi, India. Any litigation arising under this Agreement will be brought in the courts of Delhi state.

If any provision of this agreement shall be held or made invalid or unenforceable by a court decision, statute, rule or otherwise, the remaining provisions of this agreement shall not be affected thereby.

Filling out this form constitutes an agreement between InfoBanc and the MA.