Hostel Mixdorm Private Limited E-Contract Agreement

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This agreement ("Agreement") is entered into as of the date of electronic signing ("Effective Date") by and between:

Hostel Mixdorm Private Limited ("MixDorm"), having its registered office at 47/7 Baskheda Main Road Kareli, Madhya Pradesh, India (hereinafter referred to as "Service Provider"),and [Hostel Name] ("Hostel Partner"), having its registered address at [Hostel Address] (hereinafter referred to as "Partner")

Terms and Conditions

1. Objective

This Agreement sets forth the terms and conditions under which the Partner will utilize MixDorm's platform and services to facilitate online booking of its hostel accommodations.

2. Commission Structure

  • 1. Standard Commission:
  • MixDorm will retain a commission of 15% on the total booking value for all bookings facilitated through the MixDorm platform.
  • 2. Exclusive Top Featured Property Commission:
  • For properties opting to be exclusively featured in top search results and promoted listings, a commission of 20% shall be applicable on the total booking value.

3. Payment Terms

  • Commissions will be automatically deducted from the booking amount before the payout is transferred to the Partner.
  • Payments to the Partner will be disbursed on a weekly basis, subject to the deduction of applicable commissions and taxes.
  • MixDorm will provide a detailed invoice for all bookings and commissions via the Partner dashboard.

4. Partner Obligations

  • Ensure accurate and up-to-date property information, including availability, pricing, and images, on the MixDorm platform.
  • Honor all bookings made through MixDorm and provide quality service to Customers.
  • Notify MixDorm immediately for any discrepansancies or cancellations.

5. Term and Termination

  • This Agreement shall remain in effect unless terminated by either party with a 30-day prior written notice.
  • MixDorm may terminate this Agreement immediately in case of breach of terms or fraudulent activity by the Partner.

6. Dispute Resolution

In the event of any dispute arising under these agreement, the parties agree to resolve the dispute through mutual negotiation. If unresolved, the dispute shall be referred to arbitration under the Indian Arbitration and Conciliation Act, 1996.

7. Liability and Indemnity

  • MixDorm is not liable for any direct, indirect or concequential damages resulting from the partner's failure to fullfill bookings.
  • The Partner agrees to idemnify and hold Mixdorm harmless for any claims arising out of the partner's non-compliance with laws or regulations.

8. Confidentiality

Both parties agree to maintain confidentiality regarding sensitive business and customer information and shall not disclose such information without prior written consent prior consent.

9. Governing Law

These agreement shall be governed by and construed in accordance with the laws of India.

Agreement and Acceptance

By signing this Agreement, the Partner acknowledges having read, understood, and agreed to the terms and conditions stated herein.

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