Please read all terms carefully before accepting
This agreement is agreed upon and accepted electronically & online by and between the executing parties (hereinafter mentioned and referred to as Direct Seller and the Direct Selling Entity, which expressions shall mean and include their respective legal heirs, assigns, successors, administrators, and undertakers).
Be known that this Contract agreement is executed and entered into under the provisions of the Indian Contract Act and Consumer Protection (Direct Selling) Rules, 2021 (hereinafter referred to as the Rules).
WHEREAS the Direct Seller has voluntarily out of his/her own accord, sweet will, and without any coercion whatsoever, mental or physical, offered to join the Direct Selling Network business of the Direct Selling entity named ASTONEA ONE PRIVATE LIMITED.
AND WHEREAS the Direct Selling entity is engaged in "Direct selling business" which means marketing, distribution, and sale of goods or providing of services through a network of Direct Sellers at Multi-levels as per its prescribed Business/Compensation Plan (which may be read as part and parcel of this agreement as the same is not being reproduced here for the sake of brevity) not falling under the Pyramid or Money circulation scheme.
AND WHEREAS the Direct Seller, named below along with his/her KYC particulars therein has, after being explained all the provisions of the said Business/Compensation Plan, product details, and the present E-contract Agreement has duly ascertained himself/herself and satisfied by visiting the Direct Selling entity's website: www.astoneaone.com, has voluntarily offered to join the business of the Direct Selling entity and resolved to enter into this E-contract agreement, hence this deed.
Now therefore this deed covenants as under:
Cooling Off Policy: That the Direct Selling entity allows or provides to the Direct Seller herein a reasonable cooling off period in accordance with clause 3(b) of the Rules, as per the Cooling Off policy annexed herewith which may be read as part and parcel of these covenants as the same is not being reproduced here for the sake of brevity.
Buyback Policy: The Direct Selling entity allows or provides for a buy-back or repurchase policy for "currently marketable" products sold to the participant at the request of the participant, as per the "Buy-back Mechanism" annexed which may be read as part and parcel of these covenants as the same is not being reproduced here for the sake of brevity.
That the KYC shall include but not be limited to verified proof of address, proof of identity, and PAN as per the provisions of the Income Tax Act, 1961, as follows, duly issued by the Government of India or a State/UT government:
Additional Documents required for Applicant in case of Company or Firm:
The Direct Seller herein declares that he/they has/have not been declared bankrupt by a competent court of law as provided under clause (3) of section 79 of the Insolvency and Bankruptcy Code, 2016 and that he/she is neither in litigation nor convicted by any court of law in preceding five years of the date of joining the Direct Selling entity's business herein.
The Direct Seller will not be authorized to collect any type of cash/cheque/demand draft in his own name, on behalf of the Direct Selling entity. All cheques/demand drafts etc. should be drawn in the name of the Direct Selling entity only and the same should be deposited with the Direct Selling entity's office or other offices as may be specified by the Direct Selling entity, within 24 hours of the time of receipt. The Direct Seller shall hold the said cash collection/cheque/DD in trust for and on behalf of the Direct Selling entity. Upon failure to deposit the said cash collection/cheque/DD, the Direct Seller shall be liable for damages/compensation and Mesne-profit, if any. The receipt/invoice issued by the Direct Selling entity only would be valid documentary evidence in the hand of the consumer. It means the Direct Seller would not be authorized to issue any receipt/invoice on behalf of the Direct Selling entity.
The Direct Selling entity may open the following facilities for the sale of its products:
A Direct Seller is not authorized to sell any product of the Direct Selling entity herein on an e-commerce platform/marketplace without prior written consent, permission, or authorization of the entity herein. The Direct Seller is also prohibited from listing, marketing, advertising, promoting, discussing, or selling any product, or the business opportunity on any website or online forum that offers auction as a mode of selling.
During the term of this Agreement, the Independent Business Associate (IBA) shall not, directly or indirectly, promote, sell, or solicit any other business opportunity, product, or service that competes with, or diverts the attention of, the Company's network.
Furthermore, the IBA shall not maintain any association with a competitor company or individual through any means of financial gain. This includes, but is not limited to, the receipt of commissions, consulting fees, dividends, profit-sharing distributions, equity stakes, or any form of monetary or non-monetary compensation. This prohibition extends to any indirect involvement or financial interest which has competitive in nature of direct selling business (Referrals to earning model) held through a family member residing in the same household (spouse, mother, father, son, daughter, brother, sister & in-laws) or any dependent family member, relatives, friends and vice versa.
Additionally, the IBA is strictly prohibited from promoting, selling, or charging any fees to Company-associated distributors for any external education system, training model, or learning program. This includes charging for services labelled as 'Skills Development,' 'Network Marketing Education,' or any other form of professional or personal training. The IBA shall not solicit or accept payment from fellow distributors for such programs, whether under their own name or through any third party.
The IBA acknowledges that the Company's distributor database is a proprietary trade secret. Any attempt to influence, recruit, or 'cross-patch' fellow distributors into a personal project or external venture — regardless of whether it is a direct competitor — is strictly prohibited and constitutes a material breach of contract, subject to immediate suspension or termination.
The term of this E-contract agreement is at will, subject to earlier termination in accordance with this E-contract agreement or in accordance with the law. If this E-Contract Agreement is terminated for any reason whatsoever, the Direct Seller understands that his/her right to sell the products and receive incentives with respect to his/her activities as a Direct Seller will cease immediately. The Direct Selling entity reserves the right to terminate this E-contract agreement if any condition(s) of this E-Contract Agreement is violated by a Direct Seller.
Limitation of Action: If a Direct Seller wishes to bring any grievance to the notice of the Direct Selling entity he can do so as per the "Grievance Redressal Mechanism" annexed to this agreement may be read as part and parcel of this agreement as the same is not being reproduced here for the sake of brevity.
The Direct Seller herein declares that neither he has been convicted nor faced any litigation or has been declared Bankrupt by a competent court of law during the five years preceding to entering into this contract agreement.
Suspension, revocation or termination: That the Direct Selling entity reserves the right to suspend the operation of this E-contract agreement, at any time, due to change in its own license conditions or upon directions from the competent government authorities. In such a situation, the Direct Selling entity shall not be responsible for any damage or loss caused or arising out of aforesaid action.
That in case of violation of any of the provisions of this agreement stated hereinbefore and agreed upon by the Direct Seller, the Direct Selling entity may, without prejudice to any other remedy available, issue a fifteen days' written notice and call upon the Direct Seller to explain his/her conduct in writing failing which or if the explanation is found unsatisfactory and unacceptable in the ordinary course of business, suspend/block/terminate the Direct Seller from further conducting the business of the Direct Selling entity. The violations of this agreement and grounds of termination of the services of a Direct Seller, not limited to, shall be as under:
That the Direct Seller may terminate this agreement at any time by giving a written notice of fifteen (15) days to the Direct Selling entity at the Registered Office/Head Office address of the Direct Selling entity.
Actions pursuant to Suspension/Blocking/Termination: Notwithstanding any other rights and remedies provided elsewhere in the agreement, upon termination of this agreement:
Dispute Settlement: The Direct Seller herein agrees and accepts that the remedial action available to him/her in the event of any interpretation of any question of law, dispute, or difference arising under this agreement or in connection therewith (except as to the matters, the decision to which is specifically provided under this agreement), the same shall be as under:
Indemnification: That the Direct Seller agrees to protect, defend, indemnify and hold harmless the Direct Selling entity and its employees, officers, directors, agents or representatives from and against any and all liabilities, damages, fines, penalties and costs (including legal costs and disbursements) arising from or relating to: