Wholesale Agreement
Scope of Agreement
Supplier agrees to sell and Wholesaler agrees to purchase $1500 of product to buy in at wholesale value on your first purchase (any quantity to follow). If nothing is purchased in a 13-month period, your account becomes inactive, and the buy-in resets.
Wholesaler agrees to sell at Minimum Advertised Price (MAP). All TERRAWAGEN Products have a MAP that must be followed by all of our dealers. Having a MAP protects the value of the product/brand and ensures that it’s profitable to sell. Without MAP, sellers may undercut each other, leading to unsustainable pricing.
Wholesaler agrees not to rename or resell TERRAWAGEN products under any other brand name.
Ordering Process
Orders shall be placed via the wholesale portal at www.terrawagen.com. The portal allows specifying item, quantity, product code, pricing, and other relevant details. Supplier will confirm the order and provide an estimated delivery date.
For all emailed sales orders, Wholesaler should direct them to parts@terrawagen.com and include a valid purchase order number.
Drop Shipping
Drop shipping requires a valid credit card on file and incurs a $5 drop ship handling fee per order.
Pricing & Payment
Prices are set in our price list or as agreed upon. Payment terms are due at purchase unless otherwise negotiated. Late payments may incur an interest charge. Net 30 terms require a $10,000 minimum purchase.
Delivery & Shipment
Shipping costs are borne by the Wholesaler. Risk of loss or damage transfers to the Wholesaler upon delivery.
Quality Control & Returns
Wholesaler has the right to inspect products upon receipt and must notify Supplier within 5 days if products are defective. Supplier will replace or refund defective products. Drop-ship returns processed by TERRAWAGEN incur a minimum fee of $5 per return.
Intellectual Property
Trademarks, logos, or intellectual property remain the property of TERRAWAGEN and cannot be used without prior written consent.
Confidentiality
Both parties agree to keep non-public information confidential, including pricing, product details, and business practices. Breaches result in termination of the agreement and account.
Term & Termination
This agreement starts on the effective signing date and continues until terminated by either party with 30 days' written notice.