An online dealership contract is a written legal contract which is formed between two parties where transactions are done online. Here both the parties communicate via the internet and form the contract too through the web. The terms and conditions of such a dealership contract are legal by nature.
Sample online dealership contract
This contract has been made effective as on 24th July 2011
Period of contract: 24 months
Termination date of contract: 24th July 2013
This contract has been made between Mr. Rad Raymond who is hereby known as the COMPANY and Mr. Daniel Timothy who is hereby known as the online DEALER.
Details of the involved parties are given as follows:
Company name: Raymond footwear
Address: FG-78, ground floor, Max tower, New Jersey
Email address: firstname.lastname@example.org
Store name: Foots and apparels
Address: R-90, firstmount mall, New Jersey
Email address: email@example.com
This contract is made on online registration law no 5.6/m and is governed by online fraud rules and regulations.
The total amount to be paid by dealer: $30000
Terms and conditions:
- The amount must be paid by submitting equal monthly payments on the account number of the COMPANY.
- In case of late or no payment, the company can stop delivering slots of footwear at any given point in time.
- The DEALER cannot grant the dealership to any third party without written prior permission of the COMPANY.
- Both the parties must correspond on regular basis through online video conferencing regarding sale of the footwear.
Validation of contract: