Business policy
Business policy
Certainly! Below is a reference business policy for resellers that you can adapt for your pharmacy company. This policy outlines the terms and conditions under which resellers can operate, ensuring clarity and alignment between your company and its resellers.
1. Introduction
This Reseller Business Policy ("Policy") outlines the terms and conditions under which resellers ("Resellers") may distribute, market, and sell products offered by BIONIZE® PHARMATECH Ltd. ("Company"). By joining as a Reseller, you agree to comply with this Policy and all applicable laws and regulations.
2. Eligibility Criteria
To become a Reseller, applicants must:
- Be a legally registered business entity in their respective country.
- Possess the necessary licenses and permits to distribute pharmaceutical or healthcare products.
- Demonstrate experience in the pharmaceutical or healthcare industry (preferred but not mandatory).
- Agree to comply with all applicable laws, including but not limited to pharmaceutical regulations, export/import laws, and intellectual property rights.
3. Reseller Responsibilities
Resellers are required to:
- Promote and sell Company products in a professional and ethical manner.
- Adhere to the Company's pricing guidelines and avoid unauthorized discounts or price manipulation.
- Maintain accurate records of sales, inventory, and customer information.
- Provide timely feedback to the Company regarding market trends, customer needs, and product performance.
- Comply with all applicable laws, including those related to the sale and distribution of pharmaceutical products.
- Refrain from engaging in any activity that could harm the Company's reputation or brand.
4. Product Pricing and Payment Terms
- The Company will provide Resellers with a recommended retail price (RRP) for all products.
- Resellers are not permitted to sell products below the minimum advertised price (MAP) set by the Company.
- Payment terms will be outlined in the Reseller Agreement, including payment deadlines, methods, and currency.
5. Intellectual Property
- Resellers may use the Company's trademarks, logos, and marketing materials only as authorized in writing.
- Resellers must not alter, modify, or misuse the Company's intellectual property.
- All intellectual property rights remain the sole property of the Company.
6. Marketing and Advertising
- Resellers must obtain prior written approval from the Company before using any marketing or advertising materials.
- All promotional materials must comply with local laws and regulations, including those related to pharmaceutical advertising.
- Resellers must not make false or misleading claims about the Company's products.
7. Order Fulfillment and Shipping
- Resellers are responsible for ensuring timely delivery of products to customers.
- The Company will provide Resellers with product availability and lead times.
- Resellers must handle customer complaints and returns in accordance with the Company's policies.
8. Termination of Reseller Agreement
The Company reserves the right to terminate the Reseller Agreement at any time for the following reasons:
- Breach of this Policy or the Reseller Agreement.
- Failure to meet sales targets or performance expectations.
- Engaging in unethical or illegal business practices.
- Upon termination, the Reseller must cease all use of the Company's intellectual property and return any unsold inventory.
9. Confidentiality
Resellers agree to maintain the confidentiality of all proprietary information provided by the Company, including but not limited to pricing, product formulations, and customer data.
10. Governing Law and Dispute Resolution
- This Policy shall be governed by the laws of.
- Any disputes arising under this Policy shall be resolved through arbitration in accordance with the rules of [Arbitration Institution].
11. Amendments
The Company reserves the right to amend this Policy at any time. Resellers will be notified of any changes, and continued participation in the Reseller program constitutes acceptance of the revised Policy.
12. Contact Information
For questions or concerns regarding this Policy, please contact:
BIONIZE® PHARMATECH Ltd.
info @ bionizepharmatech.com
