Agreement Provisions:
The Distributor wishes to display products from the Supplier for resale on the Distributor's official website (www.alnajmalraed.com), and the Supplier agrees to provide the products according to the terms and conditions outlined in this Agreement.
1. Products:
- The Supplier agrees to provide the following products to the Distributor as listed on the Distributor's official website (www.alnajmalraed.com) by the Supplier, and in accordance with the specified standards.
2. Ordering and Delivery:
- The Distributor shall place purchase orders for products through the official website of the Distributor (www.alnajmalraed.com).
- The Supplier commits to delivering the requested products within two days from the date of receiving the purchase order.
3. Prices and Payment:
- Payment shall be due from the Distributor within fifteen days from the date of receiving the invoice from the Supplier.
4. Delivery and Shipping Terms:
- The Supplier is responsible for any delay in delivering the products to the Distributor as per the order placed through the Distributor's official website (www.alnajmalraed.com). Accordingly, the Supplier shall bear any potential losses if the product is not provided within the agreed time frame in Clause 2.
- Shipping is handled by the Distributor, who shall bear all shipping costs to deliver the products to the customer.
5. Quality and Inspection:
- The Supplier guarantees that the products meet the agreed specifications and are free from defects.
- The Distributor has the right to inspect the products upon receipt and notify the Supplier of any defects within one day from the date of receipt.
- The Supplier shall be responsible for any issues related to the product's quality, suitability, and descriptions provided by the Supplier, as well as honoring the warranty provided for each product.
6. Ownership and Risk:
- The Distributor has the right to sell the products on other commercial platforms under the Distributor's ownership without the Supplier’s permission once they are listed on the Distributor's official website (www.alnajmalraed.com).
7. Confidentiality:
- Each party commits to maintaining the confidentiality of all business information obtained from the other party and shall not disclose it to any third party without prior written consent.
8. Agreement Duration and Termination:
- This Agreement shall commence on the date of its execution and shall continue for one year from the date of signing.
- Either party may terminate this Agreement by giving written notice to the other party at least 30 days before the intended termination date.
9. Governing Law:
- This Agreement shall be governed by and construed under the applicable laws of the United Arab Emirates.
10. Dispute Resolution:
- Both parties agree to attempt to resolve any disputes arising from this Agreement amicably. If an amicable resolution cannot be reached, the dispute shall be referred to the relevant authorities in the United Arab Emirates for resolution.