
MARCOS SERVICES BUISNESS SOLUTION AGREEMENT AND SSI-ID TERMS & CONDITIONS
Use of Marcos Platform /
Marcos Services
Welcome to Marcos Services Business Solutions, wherein a range of optional services are provided for merchants, service providers, business owners to grow their business online and off line selling on website e-commerce website www.marcos.in, mobile applications and associated administrative services (together the “Marcos Platform”).
Please read the following terms and conditions carefully before registering on, accessing, browsing, downloading or using the Marcos website located at www.marcos.in and all associated sites linked to www.marcos.in or the Marcos mobile application or any similar platform (hereinafter collectively, the Marcos Platform run by MARCOS GLOBAL ONLINE SERVICES PRIVATE LIMITED, having its registered and corporate office at Plot 39/B, Ground Floor, Flat No 1, Sindhi Society, Chembur, Mumbai 400071 (hereinafter referred to as Marcos) on any device and/or before availing any services offered by Marcos on the Marcos Platform which may include services such as pay via Cash on Delivery (if provided) or online, digital products, business solution and marketplace service or any other service that may be offered by Marcos on the Marcos Platform (hereinafter individually, and collectively, the Marcos Services). For the avoidance of doubt, it is clarified that these terms and conditions shall apply to all Marcos Services, whether offered by MARCOS GLOBAL ONLINE SERVICES PRIVATE LIMITED or its affiliates.
THIS AGREEMENT CONTAINS
THE TERMS AND CONDITIONS THAT GOVERN YOUR ACCESS TO AND USE OF THE SERVICES
THROUGH A PARTICULAR ACCOUNT OR ACCOUNTS AND IS AN AGREEMENT BETWEEN YOU OR THE
BUSINESS YOU REPRESENT ("YOU") AND MARCOS GLOBAL
ONLINE SERVICES PRIVATE LIMITED. BY REGISTERING FOR OR USING THE SERVICES,
YOU (ON BEHALF OF YOURSELF OR THE BUSINESS YOU REPRESENT) AGREE TO BE BOUND BY
THE TERMS OF THIS AGREEMENT, INCLUDING THE SERVICE TERMS AND PROGRAM POLICIES
FOR EACH SERVICE YOU REGISTER FOR OR USE IN CONNECTION WITH THE MARCOS SITE.
As used in this
Agreement, "we," "us," and "Marcos"
means the MARCOS GLOBAL ONLINE SERVICES PRIVATE LIMITED. If there
is any conflict between these General Terms and the applicable Service Terms
and Policies, the General Terms will govern and will prevail over the others.
General Terms
YOU acknowledge that it is independent and in
the business of selling products and/or services and that it is not employed
by Marcos and its affiliates. By accessing or using the
Platform, YOU acknowledge that it has read, understood and agree to be bound by
this Agreement.
Marcos and YOU has mutually agreed to enter into an arrangement whereby
MARCOS shall publish information & details about the products and services,
cost structures etc. YOU provide and as may be mutually agreed between the
Parties from time to time. In return, YOU shall provide the necessary products
and services to the customers of the platform. By accessing or using the
Platform, YOU acknowledge that it has read, understood and agree to be bound by
this Agreement.
1.
Enrolment
To
begin the enrolment process, You must complete the registration process for one
or more of the Services. Use of the Services is limited to parties that can
lawfully enter into and form contracts under applicable Law. As part of the
application, You must provide us with Your (or Your business') legal name, address,
phone number, e-mail address, applicable tax registration details as well as
any other information we may request.
2. Acceptance
By registering on, accessing, browsing, downloading or using the Marcos Platform for any general purpose or for the specific purpose of availing any Marcos Service, You agree to be bound by the single-sign-in ID (hereinafter SSIID) terms and conditions set forth below as well as by the service-specific terms and conditions applicable to each Marcos Service (hereinafter collectively, the T&Cs). These T&Cs shall also include any additional or modified terms and conditions in relation to the SSIID or any additional or modified service-specific terms and conditions in relation to any Marcos Service or any future service that may be offered by Marcos on the Marcos Platform. By registering on, accessing, browsing, downloading or using (as applicable) the Marcos Platform or availing any Marcos Service or the SSIID, You automatically and immediately agree to all the T&Cs. If at any time You do not accept or agree with any of the T&Cs or do not wish to be bound by the T&Cs, You may not access, browse or use the Marcos Platform and immediately terminate Your availing the Marcos Services. Accepting or agreeing to the T&Cs will constitute a legal contract (hereinafter Agreement) between You, being at least 18 years of age and an individual user of the Marcos Platform or a customer or beneficiary of the Marcos Services, and Marcos. All services are rendered by Marcos through the Marcos Platform under the brand name “Marcos” (or any derivatives or variations thereof). Consequently, all the rights, benefits, liabilities and obligations under the T&Cs shall, as the case may be, accrue to the benefit of, or incurred by, Marcos, regarding Your use of Marcos’s digital services, business solutions, third party payment gateway, the marketplace service or any such other services which may be added on the Marcos Platform and which will henceforth be a Marcos Service, from time to time. The Marcos Services shall be used by You subject to Your adherence with the T&Cs. As long as You accept and comply with these T&Cs, Marcos grants You a personal, non-exclusive, non-transferable, limited, revocable privilege to enter and use the Marcos Platform and/or avail the Marcos Services.
3. Eligibility
The Marcos Services are not available to persons under the age of 18 or to anyone previously suspended or removed by Marcos from availing the Marcos Services or accessing the Marcos Platform. By accepting the T&Cs or by otherwise using the Marcos Services on the Marcos Platform, You represent that You are at least 18 years of age and have not been previously suspended or removed by Marcos, or disqualified for any other reason, from availing the Marcos Services or using the Marcos Platform. In addition, You represent and warrant that You have the right, authority and capacity to enter into this Agreement and to abide by all the T&Cs as part of this Agreement. You shall not impersonate any person or entity, or falsely state or otherwise misrepresent Your identity, age or affiliation with any person or entity. Finally, in the event of any violation of the T&Cs, Marcos reserves the right to suspend or permanently prevent You from availing Marcos Services or using the Marcos Platform.
4. Other Terms and Condition
Additional terms and conditions may apply in order for You to avail specific Marcos Services and to specific portions or features of the Marcos Platform, including contests, promotions or other similar features, all of which terms are made a part of these T&Cs by this reference. You agree to abide by such other terms and conditions, including where applicable representing that You are of sufficient legal age to use or participate in such service or feature. If there is a conflict between these T&Cs and the terms posted for or applicable to a specific portion of the Marcos Platform or for any Marcos Service offered on or through the Marcos Platform, the latter terms shall control with respect to Your use of that portion of the Marcos Platform or the specific Marcos Service. Marcos may make changes to any Marcos Services offered on the Marcos Platform, or to the applicable terms for any such Marcos Services, at any time, without notice. The materials on the Marcos Platform with respect to the Marcos Services may be out of date, and Marcos makes no commitment to update the materials on the Marcos Platform with respect to such Marcos Services.
5. SSIID Service, Participating Platforms
For the use of Marcos’s SSIID service, the You must
register. Registration as a user (You) is only allowed if the user meets the
eligibility criteria as set out in these T&Cs. Each user can set up only
one user account. You is obliged to provide correct and complete information
during the registration and use of the SSIID service. The login data is
intended solely for personal use by You and therefore always to be kept secret
and safe. You is not entitled to share login details with third parties to use
the SSIID service or to disclose them otherwise. You is obliged to inform
Marcos immediately on becoming aware of and/or suspecting a case of any
unauthorized use, disclosure and/or misuse of their access data or of their
user account. Furthermore, You is obliged not to use account of another person.
Submission of the duly completed registration form by You is a confirmation
that you have read, understood and agreed to everything that is mentioned
herein and this agreement enters into force
Marcos is entitled to reject individual users without giving reasons. You guarantees that the data submitted for their user account (and any other information that is otherwise left for Marcos) are in all respects complete, true, accurate and not misleading. Any changes to user’s data should be promptly updated correctly in its account.
6. Communication Policy
By accepting the T&Cs, You also accept the
following:
7. Use of Marcos Platform, Scope and Purpose
You understand that except for information,
products or services clearly indicated as being supplied by Marcos, we do not
operate, control,or endorse any information, products or services on the
Internet in anyway. You also understand that Marcos cannot and does not
guarantee or warrant that files available for download through the Marcos
Platform will be free of viruses, worms or other code that may be damaging. You
are responsible for implementing procedures to satisfy Your particular
requirements of Internet security and for accuracy of data input and output.
8. Prohibited Conduct
By accessing or
using the Marcos Platform or by availing Marcos Services, You agree not to:
9. Term & Termination of the Agreement
The term of this Agreement will start on the date of Your registration for use of one or more of the Services and continue until terminated by us or You. You may at any time terminate Your use of any Service immediately on notice to us via email, the Contact Us Form. On termination of this Agreement, all related rights and obligations under this Agreement immediately terminate, except that You will remain responsible for performing all of Your obligations in connection with transactions entered into before termination and for any liabilities that accrued before or as a result of termination. You agree that Marcos, in its sole discretion, for any or no reason, and without penalty, may suspend or terminate Your account (or any part thereof) or Your use of the Marcos Services/Marcos Platform and remove and discard on the Marcos Platform all or any part of Your account, Your user profile, or Your recipient profile, including Your SSIID, at any time. Marcos may also in its sole discretion and at any time discontinue providing access to the Marcos Services, or any part thereof, with or without notice. You agree that any termination of Your access to the Marcos Services/Marcos Platform or any account You may have or portion thereof may be effected without prior notice, and You agree that Marcos will not be liable to You or any third party for any such termination or interruption. Any suspected fraudulent, abusive or illegal activity may be referred to appropriate law enforcement authorities. These remedies are in addition to any other remedies Marcos may have at law or in equity. Upon termination for any reason, You agree to immediately stop using the Marcos Services/Marcos Platform.
10. Obligations of You
10.1 When using the MarcosPay feature, all fees contracts between YOU and customers of the Marcos shall be directly between them and Marcos shall not be an involved party or liable in any way for recovery of such fee. It is clarified that Marcos shall not be liable for any losses, liabilities or damages on account of any deficiency in the services provided by YOU to the customer.
10.2 YOU shall ensure to set-up a separate “Co-ordination Desk” in Your Premises for customers of Marcos.
10.3 YOU shall notify and share with Marcos the cost/rate list detailing the costs of each service, which can be suitably displayed on the platform of the MARCOS. In case of any changes/modification to such costs/rates YOU shall notify the same within 15(Fifteen) days prior to such changes are to be made effective.
10.4 YOU agree to Services to the customers of Marcos with the same degree of care and skill as customarily provided those are not customers of Marcos.
10.5 YOU agree not to
discriminate against customers of Marcos on the basis of race, ethnicity,
gender, creed, ancestry, lawful occupation, age, religion, marital status,
sexual orientation, mental or physical disability, medical history, color,
national origin, place of residence, health status, or any other grounds
prohibited by law
10.6 For any products ordered online which are cancelled by the customer, YOU will promptly accept the same and not dispatch the product and no payment for the same will be made to YOU in accordance with this Agreement. However, If the product has been dispatched and subsequently the order has been cancelled and not accepted by user, You will recall and take back the product and Marcos shall bear the transport cost of the same.
10.7 YOU also agree to allow Marcos to audit the relevant bills/ documents pertaining to this Agreement; as and when requested by Marcos. Such auditing shall be scheduled mutually between the parties.
10.8 YOU shall ensure that the information provided to Marcos for display on its designated website shall be up to dated, true and correct. In this context, YOU will not hold Marcos (including its affiliated companies and related website) liable for any information relied upon by Marcos as provided by YOU.
10.9 YOU authorizes Marcos
to collect and receive monies towards the amounts payable y customer for the products and services availed, on behalf of YOU. Further, settlement of monies to YOU shall be in accordance with the terms as
mutually agreed between the Parties for which the invoice is raised by YOU.
11.0 Representations &
Declarations by You
11.1 YOU declare and undertakes that it has all the necessary registrations/ licenses/ approvals/ authorizations required by the law in order to provide the necessary services pursuant to this agreement and that it has adequate ability, knowledge, experience and equipment required in order to provide the said service as required in this agreement.
11.2 YOU undertake to uphold all of the requirements of the law as applicable to it from time to time and shall keep updated Marcos, in case of any significant change in the present status of the Provider. YOU also undertake that it shall provide the said services in accordance with the provisions of the law and the regulations, which are enacted, from time to time, by the central or the state government or the local administration/ bodies.
11.3 YOU has and will continue to have its facilities covered by proper indemnity policy, including error, omission and professional indemnity and agrees to keep such policies in force during the currency of this Agreement. YOU release the MARCOS from, and agree to indemnify, defend and hold harmless us ( and our officers, directors, employees, agent, affiliates ) against any expense, claim, loss, damage, settlement cost, taxes, alleged infringement of any intellectual property rights by any, personal injury or death, any property damage or any other liability including attorney fees arising from or related to sale of products and services through the platform.
11.4 YOU declare that it has not been prevented from providing the service and that no criminal charge of any kind has ever been filed against it and/ or no civil claim has ever been filed against it due to damage inflicted during performing the service. The Provider also undertakes to inform Marcos in the event of any complaint filed against it during the currency of this Agreement.
11.5 YOU acknowledge that it is not an agent of Marcos and has no authority, express or otherwise implied, (and must not hold himself or herself out as having authority) to bind Marcos. YOU cannot, must not and will not enter into or make any agreements, arrangements, representations or warranties on behalf of Marcos without the prior written consent of Marcos.
11.6 Marcos will be providing YOU some tools to help customers avail the services on the platform at Your own risk. YOU has been provided access to edit whatever information it wants to display on the platform and Marcos will not be responsible for any errors, mistakes, breakdown, service failure or system interruptions or disputes that may occur. Marcos is not involved in any dealings between YOU and users (i.e. customers of Marcos) and any dispute arising between the YOU and customers of Marcos, each of You release Marcos (and its agents, affiliates and employees) from any claims, demands, damages of every kind and nature known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes.
11.7 Tax Matters - as between the parties, You will be responsible for the collection and payment of any and all of Your taxes together with filing of all relevant returns, such as service tax, VAT/CST, any other taxes and issuing valid invoices / credit notes / debit notes where required. YOU are solely responsible for preparing, filing any tax audit report and statuary reports and other filings and responding to any tax or financial audits. In case of any discrepancy in the reporting / returns filed by You and Marcos, You agree that You will resolve such discrepancy immediately and indemnify Marcos against any tax, interest and penalty payable in this regard.
If for any reason, any income tax or withholding tax or tax collection at source or such other taxes under applicable Law are determined to be deducted and deposited on any payments or remittances to You, Marcos will have the right to deduct and deposit any such applicable taxes with the appropriate regulatory authority. No claim in respect of the taxes deposited would be made by You against Marcos.
It is Your responsibility as a seller on the Marcos Site to choose the most applicable product tax codes and assign Harmonized System of Nomenclature / Service accounting Code applicable for Your listing, such that the correct tax rate is applied on all listings offered for sale by You. If we determine that You are not in compliance with this section, then we may suspend the services provided to You on the Marcos Site.
11.8 If the Sales Proceeds from Your Transactions by Marcos Service in connection with the Marcos Site You will maintain at Your expense throughout the remainder of the Term public third party liability insurance in connection with the Marcos Site with at least the Insurance Limits per occurrence/aggregate covering liabilities caused by or occurring in conjunction with the operation of Your business in connection with the Marcos Site, including products liability and bodily injury, naming Marcos and its assignees as additional insureds. At our request, You will provide to us certificates of insurance for the coverage to the following address: MARCOS GLOBAL ONLINE SERVICES PRIVATE LIMITED, Plot 39/B, Ground Floor, Flat No 1, Sindhi Society, Chembur, Mumbai 400071
12.0 Representations of You
YOU represents and warrants that:
13. Confidentiality
13.1 YOU undertake to maintain in absolute confidence and not to reveal to any person or body, any information or data which it receives through and subsequent for providing the services pursuant to this Agreement and which pertains; directly or indirectly; to Marcos or its customers, including the and without derogating from the generality of the aforesaid names, addresses, details and medical background of clients of Marcos, information which pertains to business of Marcos or any other data which is proprietary to Marcos and its customers. You may not use any customer personal data (including contact information) for any purpose other than fulfilling orders or providing customer service in connection with a Service. Generally, You may not use such data in any way inconsistent with applicable law. You must keep customer personal data confidential at all time.
13.2 It is further agreed that the contents of Section 6.1 above YOU cannot derogate from the duty in reporting Marcos of any data, information or medical background which may be relevant to Marcos in determination of its scope of work. The transfer of information shall be in accordance to the procedures established by Marcos.
13.3 YOU acknowledge that its
undertakings given in this Agreement with regard to the confidentiality shall
be valid throughout the Term of this Agreement and it shall abide by the same
even after the expiry of this Agreement.
14.0 Intellectual
Property Rights
14.1 The Parties hereby acknowledge that each Party is the legal and beneficial owner of and has exclusive right, title and interest over its own Intellectual Property and all other proprietary information in relation to its business. Nothing in this Agreement shall be deemed in any way to constitute a transfer or assignment of any Intellectual Property by either Party.
14.2 YOU hereby grant permission
to Marcos a limited, non-exclusive, non-transferable right, only for the Term
of this Agreement, to use and display Intellectual Property, including its
marks, logos and brand/trade names, (including permission to re-size
trademarks to the extent necessary for presentation) solely for in
relation to the products and Services to be rendered by YOU in accordance with
the terms of this Agreement on its web portals / platform.
14.3 YOU also grant permission
to Marcos to publish Information and data provided by YOU or if taken from Your
website.
15.
Modification of this Agreement
Marcos reserves the right to change, modify, add, or
remove portions of this Agreement (each, a change and
collectively, changes) at any time by posting notification on the
Marcos Platform or otherwise communicating the notification to You. The changes
will become effective, and shall be deemed accepted by You, 24 hours after the
initial posting and shall apply immediately on a going-forward basis with
respect to Your use of the Marcos Platform, availing the Marcos Services or for
payment transactions initiated after the posting date. If You do not agree with
any such change, Your sole and exclusive remedy is to terminate Your use of the
Marcos Services/Marcos Platform. For certain changes, Marcos may be required
under applicable law to give You advance notice, and Marcos will comply with
such requirements. Your continued use of the Marcos Platform following the
posting of changes will mean that You accept and agree to the changes.
16.
Waiver
Incase of
any failure of Marcos to
exercise or enforce any right or provision of this Agreement will not
constitute a waiver of such right or provision. Any waiver of any provision of this
Agreement will be effective only if in writing and signed by competent
authority of Marcos
17.
Digital Services & Payment
Marcos through its website www.marcos.in and
mobile application uses a third party payment gateway for online payments.
Other digital products available on the Marcos Platform also include certain offer and their redemption services.
18. Returns and Refunds
For all of Your Products that are returned by the
customer, you will accept and process returns, refunds and adjustments in
accordance with these Service Terms and the Marcos Refund Policies published at
the time of the applicable order, and we may inform customers that these
policies apply to Your Products. You will determine and calculate the amount of
all refunds and adjustments (including any taxes, shipping and handling or
other charges) or other amounts to be paid by you to customers in connection
with Your Transactions. You will route all such payments through Marcos. We
will provide any such payments to the customer (which may be in the same
payment form originally used to purchase Your Product), and you will reimburse
us for all amounts so paid. For all of Your Products returned, the Marcos
Refund Policies published at the time of the applicable order will apply and
you will comply with them. You will promptly provide refunds and adjustments
that you are obligated to provide under the applicable Marcos Refund Policies
and as required by Law, and in no case later than thirty (30) calendar days
following after the obligation arises. For the purposes of making payments to
the customer (which may be in the same payment form originally used to purchase
Your Product), you authorize us to make such payments or disbursements from
your available balance. In the event your balance with us is insufficient to
process the refund request, we will process such amounts due to the customer on
your behalf, and you will reimburse us for all amounts so paid.
19. Consideration
Platform Charges
19.1 In consideration of the digital services, tracking and business solution, services facilities, third party payment facility provided by Marcos Platform, YOU agree to compensate Marcos in accordance with the rates as specified under and may be revised by Marcos from time to time. Marcos reserves the right to change, modify, add, or remove the fees / platform charges (each, a change and collectively, changes) at any time by posting notification on the Marcos Platform or otherwise communicating the notification to You. The changes will become effective, and shall be deemed accepted by You, 24 hours after the initial posting and shall apply immediately on a going-forward basis with respect to Your use of the Marcos Platform, availing the Marcos Services or for payment transactions initiated after the posting date. If You do not agree with any such change, Your sole and exclusive remedy is to terminate Your use of the Marcos Services/Marcos Platform.The fees for using the Marcos Platform (platform charges) are applicable on the full bill/sales amount. All platform charges will be subject to TDS, as may be applicable at the prevailing rates from time to time.
Sr
No |
Category |
Fees
for Platform Charges on total sales/bill amount ( including GST) |
1 |
Kirana / Supermarket /
Grocer / Pharmacy |
3% |
2 |
Travel house / Hospital / Tangible
product manufacturers and dealers / Retailers / Shop keeper/ Wholesaler / Distributor who don’t come
under serial no 1 of this table |
5% |
3 |
Bakery / Eatery /
Restaurant / Sweet Shop |
8% |
4 |
Salon, Beauty Parlor,
Gym, Courier |
8% |
5 |
Housekeeping, Cleaning
& AC Servicing, Pest Control Services, Plumbing &
Electrical Services, Wellness Centre, Spas, Clinic, Path Lab and Health
Care related, Any other service provider |
12% |
To ensure that You are charged the correct platform charges, You will need to categorize your items / service as precisely as possible when you list them on the platform / website. Categorization of products is subject to the sole discretion of Marcos.
All prices quoted / uploaded on the website will be inclusive of all taxes applicable. It will be the sole responsibility of You to ensure the correct prices displayed, wherever applicable. Marcos will not be responsible for any errors, mistakes in the prices. Incase of any orders due erroneous low pricing, You will honor the prices quoted against which the customer has booked the order / service and incase of any erroneous higher pricing, You will refund the excess amount collected to Marcos within 4 working days. Marcos in turn will arrange for a refund of the excess amount to the customer.
19.2
All fees/platform charges are exclusive Goods and Services Tax
(GST) which will be charged extra.
19.3
All claims for incorrect
platform charges must be notified to Marcos in writing within thirty calendar
days of the order being shipped and/or the service rendered to the customer. If
no such claim is filed within the prescribed timeline, the fee charged will be
deemed correct and accepted by the sellers. No claim filed after the expiry of
this timeline will be entertained and Marcos will not be liable for any claims
brought / damages suffered by You.
19.4 Incase if the customers of the Marcos pays directly to Marcos through our third party payment gateway, then Marcos will deduct platform charges as specified and make payment of the balance amount to YOU in 7 to 15 working days. Incase if the monies from the customers of Marcos is directly collected by YOU for transactions done through the Marcos Platform, all payments due to Marcos shall be made by You to MARCOS as per platform charges specified within 4 working days of the transaction date failing which You agree to pay the penalty charge of Rs 10/- (Rupees ten only per day) plus GST levied from the 5th day of non-receipt of the platform charges till the day the payment has been received (both days included).
20.0. Indeminity
YOU hereby covenants to indemnify and hold harmless Marcos (and its affiliates, employees, servants and agents) from and against all actions, claims, demands, losses, damages, costs and expenses for which Marcos shall or may be or become liable in respect of and to the extent that they arise from:
Committing any breach by YOU or contravention of the terms and conditions of this Agreement, its obligations under this Agreement applicable Laws, applicable permits, codes, ordinances or regulations, bye laws;
Committing any breach by YOU or contravention of the terms and conditions of this Agreement, its obligations under this Agreement applicable Laws, applicable permits, codes, ordinances or regulations, bye laws;
Any act of commission or omission, or default on the part of YOU and/or its personnel, representatives, officers, agents, affiliates;
The negligent use, misuse, by YOU or any of its employee, servant, agent, with respect to the products and services provided to the user (i.ecustomers of Marcos);
YOU also agree to indemnify and hold harmless Marcos (and its affiliates, employees, servants and agents) from time to time and at all times hereafter, from and against, all notices, claims, demands, action, suits or proceedings given, made or initiated against Marcos on account of YOU, as also against all costs, charges and expenses suffered or incurred by Marcos as a result of any proceeding or legal action filed by the customer or any third party.
21 .0. Non- Exclusivity
Marcos reserves the right to enroll/ appoint other business owner in similar business as YOU for similar products and services as envisaged herein and YOU shall have no objection for the same and vice-versa.
22.0 . Insurance
YOU hereby agree and confirm, it is the sole responsibility of YOU to
maintain in full force and effect adequate workers’ compensation, liability,
and other forms of insurance, in each case with insurers, with policy limits
sufficient to protect and indemnify Marcos and its affiliates, and each of
their officers, directors, agents, employees, subsidiaries, partners, members,
controlling persons, and successors and assigns, from any losses resulting from
the conduct, acts, or omissions of YOU or Your personnel, assistants, agents,
contractors, servants, or employees.
23.0.
Notices
• Any notice pursuant to this Agreement shall be in writing signed by (or by any person duly authorized by) the Party giving it and may be served by hand delivery or courier.
• All notices given in
accordance with this Clause shall be deemed to have been served as follows:
• if
delivered by hand, at the time of delivery; or
• if
delivered by courier, 3 (three) business days after mailing by courier.
Governing Law; Dispute Resolution
This Agreement shall be governed by, and construed in accordance with, the laws of India, without regard to the principles of conflict of laws of any other jurisdiction.
Any dispute, controversy or claims arising out of or relating to this Agreement or the breach, termination or invalidity thereof shall be settled by conciliation in accordance with the provisions of The Arbitration and Conciliation Act, 1996 failing which the dispute shall be resolved through arbitration by a sole arbitrator mutually appointed by both Parties. In the event the Parties are unable to mutually agree on the identity of the sole arbitrator in the manner specified above, then the arbitration proceedings shall be conducted by 3 (three) arbitrators of which the first arbitrator shall be appointed by Marcos, the second arbitrator by YOU and both such arbitrators appointed shall mutually appoint the third presiding arbitrator. The place of arbitration and conciliation shall be Mumbai and any settlement or award shall be made and deemed for all purposes to be made by the Parties in Mumbai. The award of the arbitrator shall be final and binding upon the Parties. The language of arbitration shall be English.
Subject to the foregoing provisions of this Clause 11(b)(ii),
nothing will preclude the Parties to approach courts of Mumbai, India which
shall have exclusive jurisdiction, for remedies available at law to such Party.
Force Majeure
Neither Party shall be liable for any loss or damage caused to the other, provided that the Party experiencing the delay promptly notifies the other Party of the delay for its failure to perform any or all of its obligations under this Agreement during any period in which such performance is delayed or rendered impractical or impossible occasioned by or caused due to events which are beyond the reasonable control of Parties such as Acts of God which includes natural calamities, fire, floods and droughts; wars, riots, insurrection, acts of the public enemy, terrorism (“Force Majeure Event”); provided, however, that in the event a Force Majeure Event persists for 60 (sixty) days or more, either Party shall have the right, but not the obligation, to terminate this Agreement.
Relationship of Parties
The Parties are independent contracting parties and will
have no power or authority to assume or create any obligation or responsibility
on behalf of each other. This Agreement will not be construed to create or
imply any partnership, agency, or joint venture, or employer-employee
relationship.
Binding Effect; Severability
• All terms and
conditions of this Agreement shall be binding upon, inure to the benefit of,
and be enforceable by the legal representatives, successors and assigns of the
Parties.
• Any term or
provision of this Agreement that is invalid or unenforceable in any
jurisdiction will, as to that jurisdiction, be ineffective to the extent of
such invalidity or unenforceability without rendering invalid or unenforceable
the remaining terms and provisions of this Agreement or affecting the validity
or enforceability of any of the terms or provisions of this Agreement in any
other jurisdiction. If any provision of this Agreement is so broad as to
be unenforceable, the provision will be interpreted to be only so broad as is
enforceable.
No Partnership, Agency or Third Party Beneficiaries
Nothing in this Agreement shall be deemed to
constitute a partnership between the Parties or constitute any Party as the
agent of the other Party for any purpose or entitle any Party to commit or bind
the other Party in any manner or give rise to fiduciary duties by a Party in
favor of another.
Assignment and Waiver
• Neither Party can assign or transfer any of its rights or obligations under this Agreement without the prior written consent of the other Party.
• No failure or delay
by any Party in exercising any right, power or privilege hereunder shall
operate as a waiver thereof nor shall any single or partial exercise of any
other right, power or privilege. The rights and remedies herein provided shall
be cumulative and not exclusive of any rights or remedies provided by law.