Sample C&F Draft Agreement India

Example / Template for Guidelines, Terms & Condition for C F Agent Agreement Format in Word / Doc

NOTE, MINUTES OF MEETING REGARDING APPOINTMENT OF C & FA

10^th September 2012 

PRESENT

1.           Mr N Chandra (Director Commercials)

2.           Mr N Rao ( President Marketing)

3.           Mr M Lal ( Manager Accounts )

4.           Mr K Khan ( CFA Director) 

A detailed discussion was held regarding appointment of C&FA and the terms & conditions are to be fixed/revised for the existing C&FAs.

1)        The firm to whom C&FA work will be assigned shall bring in Security Deposit of Rs. 15.00 Lacs carrying interest of 10% per annum.  The existing C&FAs, who have deposited Security Deposit less than Rs. 15.00 Lacs shall bring in the balance of Security Deposit by 31^st December, 2012.

2)     The following expenditures will be borne by ABC Corporation Limited (ABCCL) (Your Company Name):

a)     Godown Rent

b)     Godown Electricity Bill will be paid on actual basis.

c)     Local freight/delivery charges

i)     The freight/delivery charges for full truck load will be reimbursed by the Company.

ii)     The freight/delivery charges for part truck/small load will be paid by the customer on cash and carry basis.

d)  All printed stationery like Invoice, Letter Head, etc., where Company’s name/Logo is printed will be to Company’s Account.

e)  Marketing team of the branches will be responsible for procurement of ‘C’ Forms.

f)     The commission will be paid as follows:

i)      1% of the Merchandise value upto a sale of Rs. 200 Lacs.

ii)     0.75% of Merchandise value from Rs. 200-300 Lacs.

iii)    0.60% on Merchandise value from Rs. 300-400 Lacs.

iv)    0.50% on Merchandise value from Rs. 400 Lacs & above.     

g)    The Octroi charges wherever applicable will be paid on actual basis.

3) The following expenditures will be borne by C&FA:

a)    All unloading/handling and loading charges shall be borne by C&FA.

b)   All Conveyance, phone, fax, postage, courier and all other Misc. charges will be borne by C&FA.

c)    The C&FA team will be responsible and organize all ‘F’ Forms.

d)   The C&FA will provide adequate staff and labour for proper functioning of the stock godown work and work related to Invoice making and any other allied work.

e) The C&FA team will be responsible for submission of sales tax/VAT return/Excise Return and all liaison work with statutory bodies on behalf of the Company.