1. LISTING OF THE PRODUCT

Preliminary approval:

1. The Owner shall fill the form provided at http://rentanattire.com/earn-through-us. The Company will receive a request from the Owner containing the images of Product and its general information, the company will approve or reject the Product after checking the same.
2. On approval of the Product, the Owner will receive an email from the company. Owner then shall, after receiving such communication from the Company have to submit the Product to the Company along with other details as may be required by the Company. The Company cannot be held liable for any damages arising to the Product while it is in transit to the Company's warehouse.
3. The Owner shall not submit any Product which has not been approved by the Company. The Company shall not be liable for the loss of such Products or any damages incurred in relation thereto.

Final approval:

1. After the submission of the Product, the Company will keep the Product on an evaluation period of 7-10 days to ensure the Product is suitable for listing.
2. The Company may in its sole discretion determine to not list the Product for any reason whatsoever; and in such case, the Company shall return the Product to the Owner. The Company shall not be held liable for any damages arising to the product while it is in transit back to the Owner from the time it leaves the Company's warehouse or if the Owner is not available to accept return at the time specified by the Company's delivery partners.
3. The Company may ask owner to bring Product to retail stores. The Company is also not liable for any loss or damages arising to the Product, if it is deemed non acceptable by the Company and not picked up from the Company's retail stores within three days of the company informing the customer of such non acceptability.
4. If the Company determines to list the Product on its platform, then the Product shall be retained by the Company for the term specified ("Listed Product"). The Listed Products may henceforth be rented to the Users in the Company's usual course of business, without any prior notification to the Peer. The Listed Products may be placed at the Company's retail stores, used for marketing collateral and for shoots without any prior notification to the Peer.
5. The price at which the Listed Product shall be made available by the Company to the User, shall be determined by the Company in its sole discretion ("RENT").

2. SERVICES

1. Listing the Product at retail store and on the online Platforms;
2. Creating and editing the content for the Product;
3. Taking, editing and publishing pictures of the Product; and
4. Any other services which the Company, at its own discretion, may consider necessary to promote the product.

3. OBLIGATIONS OF THE OWNER:

1. The title to the Listed Product shall remain with the Owner at all times.
2. The Owner shall be responsible for the quality, merchantability, guarantee and warranties of the Listed Product. The Company shall not have any obligations or liabilities in relation to the Listed Product.
3. The Owner shall submit the invoice/receipt or any other documents or information, as requested by the Company from time to time.
4. The Owner shall provide his/her bank account details to the Company for the remittance of Owner Payments. If the Owner fails to provide his/her bank account details, the Company shall not be responsible for any non-payment or delayed payments. The Owner hereby confirms that the Owner has provided the Company with correct bank account details. The Company shall not be responsible for any failed payment transfers resulting from any inaccuracies in such bank account details
5. The Company shall release the Owner Payments of the preceding quarter.

4. PAYMENT TERMS

1. The amount payable to the Owner shall be decided in accordance to the prescribed format given below. A 60% of the Net Revenue shall be kept by the Company for providing Rental Services (charges) under this Agreement. “Net Revenue" shall mean the total rental proceeds received based on the Listed Price of the Listed Product after excluding any discounts that may be applied by users, dry-cleaning cost, alterations and applicable taxes included in the rental.
2. The Company shall release the Owner Payments of the preceding quarter, i.e. the payment for 1st quarter (April to June) will be made in July.
3. The Owner hereby agrees that the Company shall collect, process and release Owner Payments.
4. The Company has the right and to deduct /adjust any payments due to, or from the Owner in one or in the other transaction.
5. The Owner shall be responsible for payment of all taxes, duties, levies or any other charges that may be applicable on the Owner under this Agreement, by whatsoever name.
6. The Company shall pay to the Owner the net amount after making such deduction.
7. TDS shall be deducted from the peer share.

5. INTELLECTUAL PROPERTY RIGHTS

1. The intellectual property rights of the Company, including without limitation, the brands, any logos, trademarks, etc., of the Company cannot in any circumstances be used, or copied, or altered in any manner which is identical/ similar to the brands/logos/trademarks of the Company, by the Owner.
2. Any work product created by the Company while providing Services under this Agreement including, without limitation, content and photographs of the Listed Product shall be the intellectual property of the Company.
3. The Owner hereby grants to the Company, the right to display/delist the Listed Product along with the related logo and/or trademark and/or brand name, etc.

6. REPRESENTATIONS AND WARRANTIES

1. The Owner represents and warrants that:

• the Owner is the sole owner of the Product;
• the Owner shall act in accordance with the Terms and Conditions which are incorporated in this agreement.

2. The Company shall not guarantee the authenticity, quality, safety or legality of the Listed Product.
3. The Owner agrees that the Company is an intermediary, and its role is limited to providing a platform to display the Listed Product and facilitate transactions between the Owner and User. The Owner further agrees that the Company is performing Services under this Agreement on the instructions provided by the Owner.

7. PRODUCT LIABILITY (DAMAGES)

1. In the event if any partial and reparable damage is caused to the Product, as determined by the Company, the Company shall be liable to rectify it on its own. Such amount shall be determined by the Company on its sole discretion.
2. In the event if there is any irreparable damage is caused to the product or is lost during the term of this agreement, either by the company or by the User, then the liability of the Company shall be limited up to 30% of the listed price of the listed product. The company liability amount shall be adjusted downwards with the payments received by the owner in the form of owner payments (share), and shall become nil when total realization of the payments by the owner from the owner payments (share) becomes equivalent to the Company Liability Amount.

8. CONFIDENTIALITY

1. The Parties agree that they shall keep the terms and conditions of this Agreement and all information confidential and shall not be disclosed by the Owner without prior written consent of the Company.

9. INDEMNIFICATION

1. The Owner agrees and undertakes to indemnify and to hold harmless the Company, its affiliates, successors, agents, assigns, and each of their directors, officers, employees, agents, and representatives from and against any losses, damages, claims, costs and expenses (including, without limitation, reasonable attorneys’ fees) incurred directly or indirectly by reason of any breach or alleged breach by the Owner of the Owner obligations or any of the terms of this Agreement or of the Company’s policies, or the applicable law.

10. EXCLUSIVITY

1. The Owner hereby agrees that during the term of this Agreement, the Owner should not enter into any similar agreement with any third party engaged in similar services.

11. EVENT OF DEFAULT

1. In the event, the Owner breaches any representations and warranties then the Owner shall be liable to pay two times the Listed Price of the Product as compensation to the Company.
2. In the event the Owner breaches the provisions of this Agreement, Terms and Conditions or the Policy, the Company shall have the right to terminate this Agreement and the right of the Owner to access the User Panel.
3. The Company has the right to adjust the amount from any amount accrued to the Owner in accordance to this Agreement.

12. NON-DISPARAGEMENT

1. The Owner agrees that he/she shall not disparage, criticize or defame the Company, its affiliates and their respective affiliates, directors, officers, agents, partners, stockholders or employees, either publicly or privately. The Company agrees that it shall not, and it shall instruct its team members not to disparage, criticize or defame Owner, either publicly or privately

13. TERMS & TERMINATION

1. This Agreement shall be valid and binding for a period of Twelve (12) Months from the date of execution.
2. The Owner shall not have the right to request the Company to return the Listed Product and/or terminate the Agreement prior to the completion of 6 (six) months from the effective date of this Agreement. On the written request of the Owner, the Company shall return the Listed Product to the Owner within 45 (forty five) days of receipt of the written request. The Return Period shall commence upon completion of all client bookings received by the Company prior to receiving the return request.

14. AMENDMENT

1. No amendment or modification of any terms will be done in this Agreement unless expressly made in writing through the mutual consent of the Parties.

15. NOTICE

1. Any notices to be served by either of the Parties shall be sent and acknowledged by email. Email for the Company is etu@rentanattire.com, and email for the Owner is as provided in during registration. The Owner affirms that the email address provided herein is correct, complete and updated.

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