By submitting this form, both parties agree to the following terms & conditions:-

OWNERSHIP

1.    The consigned goods are to remain at the property of the Consignee until they are all sold. No specific duration is required, for as long as the products are still needed there and not yet expired.

COMMISSION

2.    Upon sales of the consigned products, the Consignee is entitled to a commission of 30% of the retail selling price set by the Consignor.

SERVICE CHARGE

3.    A service charge of RM20 will be charged every month if The Consignor has made any sales and will be deducted automatically from your monthly sales report.

4.     The Consignor may also pay for the service charge for one (1) year for only RM15 per month.

BILLING

5.   The Consignee shall forward to the Consignor the amount equal to the retail selling price minus the Consignee’s commission before the 10^th of each calendar month, along with the sales report. For example, the Consignor shall receive the payment for the September sale before the 10^th of October, along with the sales report.

PRODUCT

6.     A minimum of ten (10) units per product type is required.

a.    Each product should include one (1) bigger size item for tester and marketing purposes.

b.   The Consignee will not bear all the costs of shipping products from the Consignor.

c.   The Consignee will bear all the promotional costs for each product.

d.   The Consignee will bear the cost of returning the product for any purpose.

PRODUCTS WARRANTY

7.   The Consignee must be aware of all the products expiry dates and notify the Consignor at least two (2) months before the expiry date. The Consignor, upon notification, will arrange to collect the said returned products as soon as possible and to replace the same quantity with expiry dates no sooner than 12 months.

SHIPMENT

8.  The Consignor is to send/ship the products as soon as possible, as per the quantity requested and agreed by the Consignee. All shipping costs for the products are to be paid by the Consignor. The Consignor is to provide a proper Consignment Note with company stamp and signature for every product shipment, for Consignee’s records.

9.     The Consignee will bear all management costs and delivery to customers.

SALES/PROMOTION/EVENTS

10. The Consignor is to inform the Consignee of any sales & promotion programme,, especially on festive seasons, special holidays, and occasions. In the event of any promotion made by the Consignor, commission will be reduced according to the selling price during the promotional period.

11. The Consignee also will inform the Consignor of any sales & promotion programme, especially on festive seasons, special holidays and occasions. No slashing of the price will be made without the Agreement from both parties. In the event of any promotion made by the Consignee, commission will be according to the normal retail selling price.

RETURN OF PRODUCTS

12.  Should a product need to be returned due to expiry, damage or anything that happened beyond the Consignor’s control during shipment or discovered upon inspection after taking delivery, the products are to be neatly packed for collection by the Consignor or securely shipped back to the Consignor as determined and agreed upon between the Consignor and the Consignee. Products that are not moving or very slow moving can be returned to the Consignor, provided that it still has no less than 3 months of expiry.

TERMINATION OF AGREEMENT

13.  Should any of the above terms be breached by any party, this Agreement is deemed void and a new agreement should be signed by both parties.

14.  The cancellation of this Agreement will take effect immediately if :

a.    The Consignor failed to maintain the good name of both parties,

b.    There is fraud in terms of product transparency,

c.     Failed to provide minimum stock within an acceptable time frame,

d.    The use of prohibited substances in the product,

e.     Inconsistent product quality, and

f.      Difficult to reach.