THIS AGREEMENT is made on this 20th day of August 2024 between:
M/s Dime Innovations Private Ltd (Dime), a private Limited company (CIN U62099TN2024PTC169694) having its office at Iqrah Enclave, No. 40/44-B, Silanthi Kuttai, Kolathur Main Road, Chennai - 600099 Represented by its Managing Director Mr. ……. , duly authorized by directors of the firm to enter in to present agreement of First Part (Hereinafter referred to as “The Company/ Dime” which expression shall mean and include his/her/its nominees, heirs, executants, representatives, successors, administrators and assignees) of the First Part,
AND
Mr. ………………. , S/o. ………………, aged …………….., Office at ‘……………………. M/s (Farmhouse/resort), Address- ……………………………. (Hereinafter referred to as “Affiliate” which expression shall mean and include his/her/its nominees, heirs, executants, representatives, successors, administrators and assignees) of the Second Part,
(The parties above referred are individually known as “the party”/ “the company” /“the Affiliate” as the case may be and collectively referred to as “the parties”)..
WHEREAS ‘Way2Village’ is an online technology platform (Online platform) accessible through web (www.way2village.in) (“Website”) and the mobile application ‘way2village’ (“App”) (collectively “Platform”) owned and operated by Dime as an Online travel and tourism booking and marketing platform for the display, advertising and booking of farm house, resorts and tourism and other packages by Dime and/or various affiliates to the end customers [Visitor/users” (means a person who accesses the ‘Dime’ Platform and/or ‘Way2Village’ Platform. )] and provides related services to the affiliates and to users of the Platform on behalf of the affiliates (as the affiliate’s service provider). The Company operates an online accommodation and tourism package reservation system, acting as booking facilitator (the " Platform "), through which participating Accommodations can make their rooms/packages available for reservation, and through which Visitor/users” can make reservations at such Accommodations. The Company shall act as Affiliate’s service provider for providing various services in relation to the booking of its farmhouse, resorts and other facilities as agreed under the Affiliation Agreement (“Services”), and the use of the platform for enabling promotion / advertisement of the its services (“Services”).
WHEREAS the Affiliate is an authorized service provider by way of providing farmhouse, villas, resorts and tourism packages “under the brand name as mentioned in the “Annexure I (Brand name of affiliate, Address and communication details of affiliate and facilities/services providing by affiliate)” and is desirous of listing, displaying and selling their services facilitated through Online platform to such customers who visit the Platform. The Affiliate and Company desire for Affiliate to make the Service (directly or indirectly) available to its customers/ visitors of the Affiliate and in such form and on such terms and conditions as set out in this Agreement
WHEREAS the parties hereto have after mutual discussions have come to an agreement that the services of the affiliates will be marketed by the Company on their online platform;
AND WHEREAS parties have agreed to reduce their terms in writing;
The term of this Agreement shall begin as of 01/09/2024 (the "Effective Date"). The term of this Agreement shall expire on 31/08/2025, unless terminated as per the terms of Section….. The agreement may be renewed further on the terms and conditions as may be agreed by and between the two parties. All renewals of the agreement shall be express and in writing. No oral agreement shall be binding on either of the party.
As part and parcel of the Services, way2village shall carry out the following functions for and on behalf of the affiliate.
The Affiliates authorizes way2village to, on behalf of the Affiliate, provide to Visitors / users of the Platform:
The Affiliate agrees and undertakes to fully co-operate with way2village as reasonably required, in connection with any customer-service functions undertaken by way2village. Such services can be provided by the Affiliate either on its own or through the management, as the case may be.
The affiliate authorizes way2village to place;
Affiliate represents and warrants to the way2village that:
The Affiliate indemnifies and shall hold indemnified the Dime, its partners, officers, employees, representatives, agents from and against all losses, damages, claims, suits, legal proceedings and otherwise howsoever arising from or in connection with any claim including but not limited to claim for any infringement of any intellectual property rights or 21 | w a y 2 v i l l a g e any other rights of any third party or of law, concerning quality, quantity and any claim in relation to the Affiliate’s service, the breach of any of the Affiliate’s warranties, representations or undertakings or in relation to the non-fulfillment of any of its obligations under this Agreement or arising out of the Affiliate infringing any applicable laws, regulations including but not limited to Intellectual Property Rights, General Sales Tax, Service tax, etc .
In no event shall either Party be liable to the other Party for any incidental, indirect, remote special, consequential or punitive damages, loss of goodwill or business profits, regardless of the nature of the claim, even if such Party knew or should have known of the possibility of such damages or claims. The Company under no circumstances will be liable to the Affiliate for loss and/or anticipated loss of profits, or for any direct or indirect, incidental, consequential, special or exemplary damages arising from the subject matter of this Agreement, regardless of the type of claim and even if the Affiliate has been advised of the possibility of such damages, such as, but not limited to loss of revenue or anticipated profits or loss business, unless such loss or damages is proven by the Affiliate to have been deliberately caused by the Company
In the event of non-adherence of these Terms & Conditions by the Affiliate resulting into the occurrence of either of the following instances shall attract a penalty of Rs …… (Rupees ………Only) per instance: 22 | w a y 2 v i l l a g e Inability to meet the booked/reserved facilities/services, whether due to inadequacy of the same or otherwise, in which case the penalty shall be per booking;
. The Affiliation Agreement may be terminated by either Party in accordance with the following:
Upon termination of the Affiliate Agreement:
Affiliate agrees that the Dime has a proprietary interest in any information provided to Affiliate by the Dime, whether in connection with this Agreement or otherwise, whether in written or oral form, which is: (i) a trade secret, confidential or proprietary information; (ii) not publicly known; and (iii) annotated by a legend, stamp or other written identification as confidential or proprietary information (hereinafter referred to as "Proprietary Information"). The contents of the agreement and any information passed on by the Dime to the Affiliate is highly confidential in nature and the Affiliate agrees and undertakes to maintain the confidentiality of the information and Visitor/user data disclosed, generated or made available to affiliate under this Agreement. The said information shall not be used by the Affiliate or its agents, servants, representatives or any person acting through or claiming through the Affiliate for any purpose other than for the performance of its obligations under this Agreement. The Affiliate agrees that the unauthorized disclosure or use of such information would cause irreparable harm and significant injury, the degree of which may be difficult to ascertain. Accordingly, Affiliate agrees that the Dime shall have the right to obtain an immediate injunction from any court of law ensuing breach of this Agreement and/or disclosure of the Confidential Information. The Dime shall also have the right to pursue any other rights or remedies available at law or equity for such a breach.
Nothing in this Agreement will be construed as creating a relationship of partnership, joint venture, agency or employment between the Parties. The Dime shall not be responsible for the acts or omissions of the Affiliate and Affiliate shall not represent the Dime, neither has, any power or authority to speak for, represent, bind or assume any obligation on behalf of the Dime.
All notices and other communication under this Agreement shall be in writing, in English language and shall be caused to be delivered by hand or sent by telex, fax, email or courier in each case to the addresses as set out at the beginning of this Agreement.
The Dime shall have the right to assign or transfer any of its rights or delegate any of its obligations under this agreement in whole in part to any person, firm, corporation. As to Affiliate, however, this agreement, or the rights granted hereunder, may not be assigned, sold, leased or otherwise transferred in whole or part by affiliate, without prior written consent of the Dime.
The Affiliate acknowledges and agrees that the Dime may from time to time hereafter add to, subtract from, modify or otherwise change the Platform system, including, without limitation, the adoption and use 26 | w a y 2 v i l l a g e of new or modified web platform, mobile application, trademarks or trade names, new products or services and new techniques in connection therewith, and the Affiliate agrees, at its own cost, to promptly accept, implement, use and display all such alterations, modifications and changes.
None of the terms of this Agreement shall be deemed to have been waived by any act or acquiescence of the Firm. Only an additional written agreement can constitute waiver of any of the terms of this Agreement between the Parties. No waiver of any term or provision of this Agreement shall constitute a waiver of any other term or provision or of the same provision on a future date. Failure of the Dime to enforce any term of this Agreement shall not constitute waiver of such term or any other term
Neither Party is liable for any failure to perform due to causes beyond its reasonable control including, but not limited to, acts of God, acts of civil authorities, acts of military authorities, riots, embargoes, acts of nature and natural disasters, and other acts which may be due to unforeseen circumstances
Any disputes arising out of this Agreement shall, as far as possible, be settled amicably between the Parties hereto failing which the following shall apply:
This Agreement and all issues arising out of the same shall be construed in accordance with the law of India. IN WITNESS WHEREOF, the Parties hereto have executed this Agreement on the day, month and the year first written above.
First Party :
M/s Dime Innovations Private Ltd (Dime)
(Brand name of affiliate, Address and communication details of affiliate and facilities/services providing by affiliate)”
[means the total amount payable or paid for a affiliate’s facilities/services after the affiliate discounts but excluding any amount charged by the way2village
1 the Affiliate shall respond to the booking/reservation order within 10 minutes
1- Commission Percentage:
The affiliate shall pay the amount of Commission in accordance
with the following table;
US Dollar
USD - $
Pound Sterling
GBP - £
Europe
EUR - €
Australian Dollar
AUD - $
Singapore
SGD - $
Swedish Krona
SEK - kr
Danish Krone
DKK - kr
Mexican Peso
MXN - $
Brazilian Real
BRL - R$
Malaysian Ringgit
MYR - RM
Philippine Peso
PHP - P
Swiss Franc
CHF - €
India
INR - ₹
Argentine Peso
ARS - $
Canadian Dollar
CAD - $
Chinese Yuan
CNY - ¥
Czech Republic Koruna
CZK - Kč
Hong Kong Dollar
HKD - $
Hungarian Forint
HUF - Ft
Indonesian Rupiah
IDR - Rp
Israeli New Sheqel
ILS - ₪
Japanese Yen
JPY - ¥
South Korean Won
KRW - ₩
Norwegian Krone
NOK - kr
New Zealand Dollar
NZD - $
Polish Zloty
PLN - zł
Russian Ruble
RUB - p
Thai Baht
THB - ฿
Turkish Lira
TRY - ₺
New Taiwan Dollar
TWD - $
Vietnamese Dong
VND - ₫
South African Rand
ZAR - R