Vendors Agreement

 

This Vendor Agreement (“Agreement”) is made and entered into as of the date of the Vendor’s account creation on the Kaymazon.com platform (“Effective Date”),

 

 

Kaymazon.com, a business operating in the Cayman Islands (“Kaymazon”),

AND

The individual or entity registering as a vendor on Kaymazon.com (“Vendor”).

 

The purpose of this Agreement is to set out the terms and conditions under which the Vendor is permitted to list and sell products on the Kaymazon.com online marketplace and under which Kaymazon provides marketplace, payment processing, and optional logistics and delivery services.

 

Kaymazon operates an online marketplace platform that facilitates transactions between Vendors and customers. Unless expressly agreed otherwise in writing, Kaymazon does not act as the seller, manufacturer, distributor, or importer of the Vendor’s products.

 

Six percent (6%) commission on all sales for the first six (6) months following account activation.

Eight percent (8%) commission on all sales after nine (9) months.

 

All credit card payments shall be processed through Kaymazon’s systems. Funds shall be remitted to the Vendor upon request, provided the balance equals or exceeds KYD $100.

 

Where cash-on-delivery is permitted, the Vendor authorises Kaymazon to deduct applicable commission amounts from credit card sales or other sums payable to the Vendor.  If no credit card sales are processed, the vendor shall pay Kaymazon the applicable commission for the cash sales.

 

Kaymazon may offer logistics and delivery services. Such services do not constitute acceptance of responsibility for product quality, safety, or legality.

Kaymazon shall not be liable for delays or failures caused by circumstances beyond its reasonable control, including weather events, traffic, or force nature.

 

The Vendor is solely responsible for product accuracy, compliance with laws, fulfillment, customer service, and quality control.

 

To the fullest extent permitted under Cayman Islands law, Kaymazon shall not be liable for vendor-related claims. The Vendor shall indemnify and hold Kaymazon harmless from all claims arising from the Vendor’s products or conduct.

 

Either party may terminate this Agreement for material breach upon written notice.

 

This Agreement shall be governed by the laws of the Cayman Islands.

 

By creating an account, the Vendor agrees to be bound by this Agreement.