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DEALERSHIP AGREEMENT

THIS PARTNERSHIP AGREEMENT IS MADE AT CHENNAI ON THIS

DAY OF Between:

M/s. INTELLITHINK INDUSTRIAL IOT LABS PVT LTD.


The company duly established and incorporated under the Companies Act, 1956 and
has its registered office at No. 2 Lady Madhav Road, Mahalingapuram, Chennai.

AND

M/s So-and-so Company Pvt Ltd

Hereinafter referred to as the Channel Partner (Which expression shall always mean
and include, unless repugnant to the context or meaning thereof his Legal
Representatives, Heirs Successors, Administrators, Executors, and Assigns), THE
PARTY OF THE OTHER PART.

WHEREAS Intellithink is Developing and marketing various patented and non-


patented Industrial and commercial Iot Solutions. AND WHEREAS in order to
expand its selling activities Intellithink is looking for good and reliable Channel
Partners and WHEREAS the partner has offered to sell and deal in the services of
Intellithink and WHEREAS “Intellithink” has accepted the said offer of the Partner on
the following mutually agreed terms and conditions.

NOW THEREFORE THE PARTIES HERETO AND HEREUNDER MUTUAL


AGREE AND DECLARE AS BELOW: -

1. “Intellithink” has appointed the Partner for City Area State


for sell promotion, marketing and servicing in its Iot Solutions.

2. This partner shall sell, market all the Services of Intellithink & do all such
acts, deeds, things which will generate sales.

SECRECY:
The Partner shall keep all the communication made with the Intellithink under
high Secrecy, any information, technical data, know-how supplied / disclosed
by Intellithink as a trade secret and shall not divulge the same to any third
party, without prior written permission obtained from the Intellithink, in any
manner, whatsoever and either directly or indirectly.

4 RESPONSIBILITY OF THE PARTNER


i) To achieve minimum sales target fixed by the Intellithink from time to
time.
ii) Maintain due Diligence of Intellithink’s Product and service offerings.

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iii) Do all such acts, deeds & things, which will generate customer sales.
iv) Invest necessary finance in this business.
v) Employ required manpower in this business.
vi) Intellithink will be billing all Solutions to the end client and the partner
would be paid with commission percentage which has been discussed
earlier.
vii) Intellithink shall have right to appoint any other partner in addition to
dealer appointed under this agreement.
viii) The agreement is terminable prematurely by issuing one-month prior
written notice by either party without assigning any reason.

5 PRINITNG ON STATIONERY:
The Dealer shall ensure that all the letter heads, Collaterals, advertisement
material, leaflets, brochures and any other correspondence relating to our
product shall contain Brand Name and Logo of Intellithink Industrial Iot labs
Pvt ltd.

6 JURISDICTION
Any dispute pertaining to interpretation, application, fulfillment / breach of
any condition of this agreement shall be subject to exclusive Chennai City
jurisdiction only and Intellithink shall have right to withhold all money till the
final decision of the dispute by the Competent Court.

IN WITNESS WHEREOF SIGNED, SEALED AND DELIVERED ON DAY AND


PLACE MENTIONED HEREINABOVE.

For INTELLITHINK INDUSTRIAL IOT LABS PVT LTD For

DIRECTOR CHANNEL PARTNER

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