Mutual Agreement

1. INTRODUCTION

This Agreement defines the partnership between Hydron E2V Mobility Pvt. Ltd. (“Company”) and the Partner for the sale, distribution, and supply of EV components through the Company’s platform and network.

The Company operates as a dedicated EV sales and distribution ecosystem, connecting Partners with B2B and B2C customers across India.


2. DEFINITIONS

Company: Hydron E2V Mobility Pvt. Ltd. (including EV Nexo Mart platform)
Partner: Manufacturer / Supplier / Distributor / Service Provider
Products: EV components, systems, and accessories
Platform: Company’s online + offline sales ecosystem


3. SCOPE OF PARTNERSHIP

The Company acts as a sales, demand generation, and distribution facilitator.

Company Responsibilities:

  • Demand generation (online + offline channels)
  • Lead management and customer handling
  • Conversion of demand into structured Purchase Orders (PO-based system)
  • Logistics coordination and delivery management

Partner Responsibilities:

  • Product supply and order fulfillment
  • Quality assurance and compliance
  • Warranty and after-sales support
  • Timely dispatch and documentation

The Partner focuses on product and fulfillment, while the Company manages demand, sales, and customers.


4. BENEFITS TO THE PARTNER

  • Zero upfront cost (no onboarding or listing charges)
  • Access to a dedicated EV ecosystem
  • Exposure to B2B + B2C markets (garages, retrofitters, institutions, customers)
  • Sales without expanding the internal sales team
  • Online + offline order generation
  • Logistics and delivery coordination
  • Performance insights and market feedback
  • Scalable model for bulk and recurring orders

5. COMMERCIAL MODEL

The partnership follows an Advanced PO-Based Model:

  • Orders generated via online and offline channels
  • Demand aggregated into structured purchase orders
  • Flexible commercial structure based on:
    • Order volume
    • Product category
    • Project scope

6. COMMISSION STRUCTURE

A. Onboarding Phase (First 6 Months)

  • Reduced / flexible commission
  • Typical range: 3% – 5%
  • Focus on market entry and demand generation

B. Post-Onboarding Phase

  • Commission structured based on:
    • Product category
    • Order volume
    • Bulk/project requirements

Indicative Range:

  • Batteries / Motors / Chargers: up to 12%
  • Electronics / Accessories / Testing Kits: up to 8%

Final terms will be mutually aligned before order confirmation


C. Bulk Orders & Special Terms

  • Large orders, warehouse integration, or inventory allocation may have separate commercial structures
  • Terms will be defined based on order size and operational scope

7. PRICING

  • Pricing shall be mutually aligned based on market demand and feasibility
  • The Company may recommend pricing strategies to improve sales performance
  • GST applicable as per law

8. PAYMENT TERMS

Standard structure (unless otherwise agreed):

  • 50% on order confirmation
  • 30% on dispatch/pickup
  • 20% after successful delivery
  • Commission shall be adjusted before final payout
  • Payments subject to delivery and documentation verification

9. LEAD & CUSTOMER MANAGEMENT

  • All leads generated through the platform remain part of the Company ecosystem
  • Direct bypass of platform-generated customers without approval is not permitted

10. PARTNER OBLIGATIONS

  • Compliance with BIS, AIS, and EV standards
  • Maintain product quality and packaging
  • Ensure timely delivery
  • Provide accurate specifications
  • No subcontracting without approval

11. RETURNS, WARRANTY & SERVICE

Returns:

  • Must be accepted and resolved within 7 working days
  • Resolution: replacement/repair/refund

Warranty:

  • Applicable only for manufacturing defects
  • Standard period: 12 months

Not Covered:

  • Physical damage
  • Improper installation
  • Electrical faults due to external issues
  • Misuse or overloading

Service Responsibility:

  • Partner responsible for repair/replacement
  • Warranty claims resolved within 10 working days

12.1 LOGISTICS & DAMAGE HANDLING

  • Logistics handled through Company partners
  • In case of damage/loss, the Company will coordinate claims
  • Partner must support the required documentation

12.2 TERMINATION
Either party may terminate with 30 days’ written notice if the terms are violated.
Termination will not affect accrued obligations.

12.3 FORCE MAJEURE
Neither party shall be liable for failure due to uncontrollable events such as natural disasters, strikes, or government restrictions.

If a product is damaged, lost, or involved in an accident due to natural causes or unforeseen circumstances during transit (including incidents such as fire, flood, mishandling, or road accidents), the Company, along with its partnered logistics agencies such as Ekart, Shiprocket, or any authorized delivery partner, shall take responsibility for handling the dispute process


13. DISCOUNTS & PROMOTIONS

  • All discounts, campaigns, and offers shall be mutually agreed upon.

14. AGREEMENT STRUCTURE

  • First 6 Months: Onboarding Phase
  • Next 1 Year: Standard Commercial Agreement
  • Long-Term Partnership based on performance

The company may provide:

  • Bulk order allocation
  • Warehouse support
  • Priority access

15. LEGAL TERMS

  • Confidentiality must be maintained
  • Company IP protected
  • Non-exclusive partnership
  • Termination with 30 days’ notice
  • Jurisdiction: Bengaluru, Karnataka

16. LIMITATION OF ROLE

The Company acts as a facilitator of sales, demand, and logistics coordination and does not manufacture products


17. ACCEPTANCE

This Agreement becomes valid upon mutual acceptance and signing