E commerce Vendor Agreement

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What is Ecommerce Vendor Agreement ?

In this guide we will let you know about ecommerce vendor agreement format, advantages and common disclosure. If you are thinking of selling your products on the website like Amazon and Flipkart then you have to make an E-commerce Vendors Agreement to tie up with them. This article talks about the Format of E-commerce vendor’s agreement so you will get an idea about this.

E-commerce Vendor is an agreement between the seller and the service provider for e.g. if you want to sell your product on a website then you have to enter into an agreement with that website. In general terms, the agreement is a promise or set of promises which forms consideration for both parties.

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What is Ecommerce Vendor Agreement Format in India?

If you are thinking of selling your products online then you have to make an E-commerce Vendor Agreement. Here is the format –

  • You have to write a title at the beginning of the agreement. You can write the purpose of the agreement at the beginning of the agreement. For e.g. Vendor Agreement for terms and condition of E-Commerce services.
  • Then you have to write the date on which you are making this agreement and you have to write your company/partnership/sole proprietorship firm name along with the registered address of your office. Then you have to write the name of the director of a company/partnership firm/LLP and have to agree that you are entering into an agreement with the service provider. Then you have to write a description of your business and what do you want to sell on that website.
  • Then you have to write the terms and condition of the business. You should write all the terms and condition so in future you don’t have to face any legal problem regarding terms and condition. You have to write the commencement date of agreement and term of the agreement. You can also add a point of renewal of the agreement.
  • Then you have to write about the tools/support, about the product which you want to sell, availability of products, etc. You should write about the details of the product so it will be clear which product you will sell on the website. Then you have to write about your fee/commission so it will be clear. You should also add a point that how you will receive your payment and when the website is bound to pay and period of the due date.
  • Then you have to add a point that how you will take orders and how you will supply that order and when will you deliver the product. Then you have to write about the warranty, representations, and Undertakings of the vendor. You can write about the warranty period and how a person can avail the service of warranty from a vendor.
  • Then you can write about the rights of the firm, in this section, you can write about the rights of the firm. For e.g. a vendor has the right to remove the product from the online store. So you can write about your rights.
  • Then you can write about indemnity and the liability. You can limit your liability through the agreement. For e.g, you can write that you will not replace any product after a period of time.
  • Then you can write about the termination of the agreement or date of the termination or renewal of the agreement.
  • Then you have to make a clause for jurisdiction that if any dispute will arise between parties then who has the jurisdiction.
  • Then you can write any additional terms and condition, for e.g. you can add a condition of intellectual property rights, confidentiality, the relationship of parties, arbitration clause, and any other important terms and condition.After writing about all things in the agreement you both have to sign the agreement. Two witness’s sign is also required. So as you can see above that you have to write all the required terms and conditions in the agreement so in future, you don’t have to face legal problems.

Advantages of Ecommerce Vendor Agreement

There are so many advantages of E commerce vendor agreement and it will protect under the contract laws. It will limit your liability and it will enhance your rights. Both parties shall be protected under the laws. It will determine the rights and duties of both parties.

Common Disclosure or Clause of a Ecommerce Agreement

You have to take care of common disclosure or Clause of an E commerce agreement, you have to write all terms and condition and you can make clauses whatever you want.

Download E Commerce Vendor Agreement Format

You can make your own terms and condition and it will be easy for you but if you want to make a format of agreement then you can download E-commerce Vendor agreement format from the internet.