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Mutual agreement and assurances:
Transparent and reliable agreement between the sole proprietor Mr. K. Nagarajan and the founder agent, B.Francis Xavier in the presence of the God the almighty.
Agent commission for dhoties and shirtings 4%. Readymades 5%. "EVERY DAY" Brand marketing rights whole Tamil Nadu. When the company becomes limited company, company’s board member. A retail Ramraj showroom in Nagercoil.
Because of old age if the agent desires to quit, or the proprietor wants to terminate, all pending agent commissions as agreed initially to be settled and goodwill lump sum for vests and briefs and readymade shirts, which is equialant to the commission drawn during the agent’s service since 1989. And 1% of the sales commission in the agency area till life time. If death occurs the above said benefit will be given to the heir (or next of kin).
The company will not and should not contact parties for any reasons. Agent is responsible for every thing.
His Assurance to me that marketed area will not be Snatched forcibilly with the help of Muscle power, Money power, Goondas or by Police, or in the form of Forcble Bias Agreement advised by company Auditor and Lawyer.
Untill the agent is willing to Disassociate himself with a honest settlement between him and the Proprietor, the present Commission system will continue.
All that I and my Family members Done to the Proprietor of Ramraj Mr. K. Nagarajan for all his products Marketing will not go un Rewarded. Including the Ramraj’s Silver Jubilee Gift. Even by wrong ideas given to him by some for their selfish ends.
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