TERMS & CONDITIONS OF IBC 4.

1. Bada Business Private Limited (BBPL) authorizes an Independent Business Consultant (IBC) to
sell, the Products and Services on the prices and guidelines on incentive basis.
2. IBC hereby agrees and acknowledges that such authorization and appointment is non-exclusive
and that the Products and/or Services may be sold or provided to end customers by BBPL or
other IBCs of BBPL within the Territory or otherwise.
3. The Products and/or Services, Pricing, Incentive Slab, Targets, Guidelines may be changed or
amended at any time in by BBPL on its sole discretion.
4. IBC agrees and acknowledges that any and all Products and/or Services provided by BBPL shall
be governed by, and in accordance with, the General Terms and Conditions of Sale of BBPL.
5. The applicable Commercial Terms of BBPL shall apply to all transactions between BBPL and IBC.
6. IBC understands and accepts that he/she shall be required to undergo a Special Online Training
and Consultation by the BBPL Team to be qualified as the Independent Business Consultant of
BBPL.
7. IBC understands and accepts that the fee paid is non-refundable and is non-transferable.
8. The IBC shall receive and make all the payments through Bank Draft/ Cheque/ NEFT/ RTGS in the
name of “Bada Business Pvt Ltd”
9. IBC shall not assign its rights and obligations under to any third-party without the prior written
consent of BBPL.
10. Disputes, remedies and obligations, if any including matters of construction, validity, and
performance, shall be governed exclusively by the laws of the India and the Courts in Delhi shall
have the sole jurisdiction to decide any kind of dispute between the parties.
11. All notices pertaining this arrangement shall be sent to –
Bada Business Private Limited
D - 6/8, Okhla Industrial Area, Phase – II, 110022
info@badabusiness.com; 93101-44443
12. IBCs Loan Default
I. Non adherence to the Repayment Schedule; Any installments or portion of the principal
monies and/or interest being unpaid upon the due date for payment thereof.
II. Bada Business reserves all rights to withhold all inventory, payouts/ commissions
immediately.
III. All applications and/ or services shall suspend with immediate effect.
IV. Any commissions or payouts will not be made until the IBC clears all his dues with the
financing partners of Bada Business.
V. The entire Loan Amount along with Interest for the entire period shall immediately
become due and payable, and Bada Business shall have the right to recall the entire loan
together with interest for the entire period, the overdue interest arising on account of
default. All charges are payable by the Borrower together with applicable taxes.
VI. Bada Business reserves all rights to take the Tablet handed over back in its original
condition.
VII. Bada Business shall be entitled to proceed against and take any action against the
Borrower and / or the Guarantor(s) in order to realize the Loan Amount along with
Interest, Charges and expenses.