Associated Persons/Business Partner/Channel Partner or Influencer/Blogger being paid by members, will be referred as “Partners” in the following sections.
In order to sell ViniyogIndia services, Partners must be certified as an authorized seller, in accordance with the terms and conditions in the Channel Partner Program. Additionally, partners may need to undergo a limited duration trial period prior to authorization.
Partners must ensure clear disclosure regarding their role as distributors and not as advisors
Partners must apply for authorization and promote products following the terms and conditions of the channel partner agreement
Channel Partner shall train and maintain a sufficient number of capable technical and sales/pre-sales personnel having the knowledge and training necessary
ViniyogIndia will provide:
Channel Partner with all necessary documentation and information regarding the Services
Provide sales and pre-sales support to Channel Partner;
Respond to questions addressed by Partner in a timely manner.
Channel partners must be in full compliance with the following circulars and code of conduct:
Partners may use digital assets approved by ViniyogIndia for promotion. Use of unapproved assets is prohibited.
Logo or assets of other entities cannot be used unless specific approval is obtained from the respective entities.
Partners are also responsible to ensure that materials posted by them do not violate or infringe upon the rights of any third party (including, for example, copyrights, trademarks, privacy, or other personal or proprietary rights)
Any communication aimed at solicitation of clients or making claim of service or performance of IA shall constitute an advertisement irrespective of whether such communication is made to existing or prospective clients.
Advertisement may include pamphlets, circulars, brochures, notices, research reports or any other literature, document, information or material published, or designed for use in any publication or displays (such as newspaper, magazine, sign boards/hoardings at any location), in any electronic, wired or wireless communication (such as electronic mail, text messaging, messaging platforms, social media platforms, radio, telephone, or in any other form over the internet) or over any other audio-visual form of communication (such as television, tape recording, video tape recordings, motion pictures, etc.) or in any other manner whatsoever.
Any Advertisement issued by Authorized Persons/Business Partner/Channel Partner of the members or Influencer/Blogger being paid (directly or indirectly) in any form of consideration by members, shall require prior BASL approval. Any Advertisement issued by Associated Person on their own shall not be entertained.
In case of channel partner is issuing Advertisement on any platform without the consent of ViniyogIndia then ViniyogIndia may be compelled to take appropriate legal action against such entity and inform BASL regarding such action and outcome thereof.
Eligibility for commission:
For a Product sale to be eligible to earn a commission, the partner / customer must use the following link:
https://viniyogindia.smallcase.com/ (sub-domain) .
Subscriptions sold through smallcase app and directly through the smallcase.com/* website will be excluded from commission.
Reporting:
Partners need to submit details of sale made in the previous month by end of the ongoing month in the following format:
User Name, User Email, PAN No., First Subscription Date, Smallcase Name, Payment Date, Total Amount, State
ViniyogIndia will validate the details, and eligible cases will be included in the partner’s customer portfolio for subsequent pay-outs.
Commission:
30% on net sale for eligible sales. Refunds arising out of cancellations will be deducted on a proportionate/ pro-rated basis
Incentive/referral schemes
Partners shall not promote or incentivize investment advisory, in any form including but not limited to distribution of cashback/ certificates /medals /gifts /prizes/ coupons/ tokens
Either Party may immediately terminate the Agreement in cases of material breach of this Agreement by the other Party. Additionally, ViniyogIndia reserves right to immediately terminate this agreement for reasons including but not limited to regulatory violation and or violation of laws of the land.
Either Party may terminate the Agreement, for any reason or no reason, and without any liability towards the other Party, by giving the other Party a thirty (30) day prior written notice
Upon the termination of this Agreement for any reason the Channel Partner will immediately discontinue making any representations regarding its status as set forth in this Agreement and will immediately cease any activities related to this Agreement.
Penalties
Channel partners would be responsible for any penalties imposed upon ViniyogIndia due to partner’s failure to adhere to the channel partner agreement
ViniyogIndia reserves the right to modify or amend the Channel Partner Program from time to time. ViniyogIndia shall notify the Channel Partner of such modifications or amendments to Channel Partner Program. If any such modification or amendment to the Channel Partner Program is unacceptable to Channel Partner, Channel Partner’s sole and exclusive remedy shall be to terminate this Agreement within thirty (30) days after such modification.
Partners must refrain from the following: