Key Clauses For Vendor

1. Vendor Registration and Account Management

• Eligibility: Vendors must confirm they are legally able to enter into contracts and comply with all applicable laws.
• Account Security: Vendors are responsible for maintaining the confidentiality of their account credentials and for all activities that occur under their account.

2. Product Listings

• Accuracy of Information: Vendors must provide accurate descriptions, prices, and images of their products. They are responsible for ensuring that product information is up-to-date and complies with relevant regulations.
• Prohibited Products: Vendors must not list prohibited items as defined by Afromart UK, including but not limited to illegal goods, counterfeit items, or any products that violate intellectual property rights.

3. Pricing and Payment Terms

• Pricing: Vendors have the right to set their prices but must adhere to any pricing guidelines set by Afromart UK. They must also inform Afromart UK of any changes to pricing in a timely manner.
• Payment Processing: Vendors will receive payments through the platform's designated payment processor, and must comply with the payment terms outlined by Afromart UK.

4. Shipping and Delivery

• Shipping Responsibilities: Vendors are responsible for shipping products in a timely manner and must provide accurate shipping information to customers. They must also adhere to Afromart UK’s shipping policies.
• Delivery Issues: Vendors must handle any delivery issues, including lost or damaged items, in accordance with Afromart UK's policies.

5. Returns and Refunds

• Return Policy Compliance: Vendors must adhere to Afromart UK's return policy and are responsible for processing returns and issuing refunds as required.
• Customer Communication: Vendors must communicate effectively with customers regarding returns and refunds, ensuring a transparent process.

6. Intellectual Property Rights

• Ownership: Vendors must confirm that they own or have the right to sell all products listed on Afromart UK and that their listings do not infringe on any third-party intellectual property rights.
• Content Usage: Vendors grant Afromart UK the right to use their product images and descriptions for marketing and promotional purposes.

7. Limitation of Liability

• Liability Waiver: Vendors agree to limit their liability for any claims arising from the sale of their products, including but not limited to personal injury or property damage, to the maximum extent permitted by law.

8. Dispute Resolution

• Dispute Process: In the event of a dispute between the vendor and Afromart UK, both parties agree to attempt resolution through mediation before pursuing legal action.

9. Termination of Agreement

• Termination Rights: Afromart UK reserves the right to suspend or terminate a vendor’s account for violations of these terms, including failure to comply with policies or laws.

10. Amendments to Terms

• Modification of Terms: Afromart UK reserves the right to modify these terms and conditions at any time. Vendors will be notified of changes, and continued use of the platform constitutes acceptance of the new terms.
• COMMISSION: Afromartuk takes a 5% commission on all sales, however, the commission is subjected to change at any given time.