Welcome to 7 jewels
Vendor Agreement
This Vendor Agreement (“Agreement”) is entered into by and between 7 Jewels INC (“Company,” “7 Jewels,” “we,” “our”) and the undersigned vendor (“Vendor,” “you,” “your”), collectively referred to as the “Parties.”
1. Purpose
7Jewels provides an online marketplace that connects jewelry designers and vendors with customers worldwide. This Agreement outlines the terms under which Vendor may list and sell products through the 7Jewels platform.
2. Vendor Requirements
Vendor affirms that all products listed are authentic, original, and lawfully owned or created by Vendor. Counterfeit, infringing, or misrepresented products are strictly prohibited. Vendor must comply with all applicable laws and regulations related to the manufacture, sale, and export/import of their products.
3. Fees and Commissions
Transaction Fee: A fee of 5% of the total order value (item price + shipping) will be deducted from each sale.
Payment Processing Fee: A fee of 3% of the total order value (item price + shipping) plus $0.25 per transaction will be deducted to cover payment gateway charges.
Net Payout: The Vendor will receive the remaining balance after deductions, paid according to the payment schedule in Section 6.
4. Shipping & Fulfillment
Shipping Options: Vendors may choose one of the following:
a. Shippo Integration – Vendors may use 7Jewels' integrated Shippo service to generate labels and manage shipments. Costs are deducted from the Vendor's payout.
b. Manual Shipping – Vendors may arrange their own shipping and must provide valid tracking information to 7Jewels and the customer.
Timeliness: Orders must be shipped within the timeframe stated in the product listing. Late shipments may result in cancellation or withheld payouts.
Risk of Loss: Vendor assumes responsibility for products until delivery to the customer.
5. Returns & Refunds
Vendors must honor 7Jewels' return policy as published on the platform. Refunds for defective, counterfeit, or misrepresented items are the sole responsibility of the Vendor. In the event of disputes, 7Jewels will mediate but reserves final discretion.
6. Payments
Vendor payouts are issued [monthly/bi-weekly – specify your choice] via [Bank Transfer / PayPal / Stripe, etc.]. Payouts include completed transactions only (excluding pending, refunded, or disputed orders). Chargebacks and disputes may result in withholding or deduction from Vendor payouts.
7. Intellectual Property & Branding
Vendor retains ownership of their product designs and images but grants 7 Jewels a non-exclusive, royalty-free license to display, market, and promote their products on the platform. Vendor acknowledges that 7Jewels is the exclusive owner of all trademarks, trade names, logos, and branding ("7Jewels Marks"). Vendor may not use, imitate, or modify 7Jewels Marks without written permission, except as permitted for promoting their products on the platform. Unauthorized use of the 7Jewels Marks constitutes a material breach and may result in immediate termination.
8. Vendor Responsibilities
Maintain accurate product descriptions, pricing, and stock availability. Ensure product authenticity and quality. Provide prompt and professional customer service if contacted. Comply with all platform rules and updates communicated by 7Jewels.
9. Term & Termination
This Agreement remains in effect until terminated by either party with 30 days' written notice. 7Jewels may immediately suspend or terminate Vendor accounts for: - Fraud, counterfeit goods, or intellectual property violations. - Failure to ship or provide tracking. - Repeated customer complaints.
10. Limitation of Liability
7Jewels shall not be liable for any indirect, incidental, or consequential damages arising from Vendor's use of the platform. Maximum liability shall not exceed the total fees paid by Vendor to 7Jewels in the last 3 months.
11. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Pennsylvania, USA.
12. Entire Agreement
This Agreement constitutes the entire understanding between the Parties and supersedes all prior communications.