Executive Summary
The RD Group of Industries and Colortouch India form a collaboration where Colortouch will resell The RD Group's web, app, and cybersecurity services and jointly market products. Colortouch may sell services as a Development Partner or under white-label terms. Product sales (as agreed product offerings) are split 50/50. For standard projects Colortouch receives 10–20% of the project fee (exact percent negotiated per-project). RD Group remains responsible for product maintenance, updates, and future development. Payment terms are flexible — instalments allowed, EMI options through the company producer, and a 26-day credit period for delayed payments.
Partnership & Reseller Agreement
Parties
This Agreement is between:
The RD Group of Industries
RD Group
Colortouch India
Colortouch
— effective as of the date both parties sign.
1Definitions
- "Services" = web development, app development, cybersecurity, maintenance, and related products.
- "Products" = any packaged software or SaaS product offered by RD Group and agreed for resale.
2Appointment & Scope
RD Group appoints Colortouch as a reseller, development partner, and white-label partner for the Services and designated Products. Colortouch can market, propose, close, and resell Services and Products per this Agreement.
3White-Label & Branding
- Colortouch may brand Services/Products as its own (white-label) only for offerings explicitly agreed in writing.
- RD Group grants Colortouch a limited, non-transferable license to use product assets, documentation, and marketing materials for resale and support.
4Revenue Sharing & Pricing
Product Sales
50% of net revenue to RD Group and 50% to Colortouch for any jointly sold product specified in Appendix A.
Standard Projects
Colortouch revenue share = 10%–20% of the project value (exact percent agreed per-project and written in the project quote).
High-value Projects
Colortouch can secure high-value projects using RD Group's pre-defined quotes. This allows Colortouch to earn additional revenue above the standard commission, which is calculated based on the project's final invoice amount.
("Net revenue" = collected amount after taxes, refunds, and third-party gateway fees.)
5Payment Terms
- Payments may be taken in instalments as per the signed project schedule.
- A 26-day credit period applies to delayed payments (i.e., late payments are allowed up to 26 days).
- Colortouch may offer EMI options to clients through the company producer / financing partner. RD Group will cooperate to enable EMI (e.g., invoice structuring), but financing terms are between the client, Colortouch, and the financing partner.
- RD Group issues invoices to Colortouch or the end client (as applicable). Payment due dates, milestones, and invoicing details will be written in project SOWs.
6Responsibilities
RD Group
- Product development
- Maintenance & updates
- Bug fixes & security patches
- Major releases
- Technical support per agreed SLA
Colortouch
- Sales & client acquisition
- First-level client communication
- Initial demos & marketing
- Payment collection per agreed method
7Support & SLA
RD Group provides support levels and SLAs in Appendix B. For client support handed over by Colortouch, Colortouch will triage and escalate to RD Group as per process.
8Intellectual Property
RD Group retains IP ownership for Products and underlying code, except where a written transfer is agreed. Colortouch receives a license to resell/white-label as specified.
9Confidentiality
Both parties agree to keep confidential business, product, and customer information private during and for 3 years post-termination (or longer if required by law).
10Warranties & Liability
Each party warrants it has authority to enter this Agreement. RD Group warrants Products substantially conform to documentation.
11Indemnity
Each party indemnifies the other for breaches of confidentiality, IP infringement caused by its materials, and third-party claims arising from its negligence.
12Term & Termination
Term: 5 Year, renewable automatically unless either party gives 30 days written notice. Termination for material breach if not cured within 30 days after notice. Post-termination, outstanding invoices remain payable; white-label licenses end.
13Dispute Resolution & Governing Law
Attempt amicable resolution; failing that, mediation/arbitration in India (location: New Delhi) under Indian law.
14Miscellaneous
- Amendments must be in writing and signed by both parties.
- Neither party may assign this Agreement without written consent from the other party.
Agreement Signatures
For The RD Group of Industries
Founder & CEO
Name:
Date:
Signature:
Co-Founder & MD
Name:
Date:
Signature:
For Colortouch India
Founder & CEO
Name:
Date:
Signature:
Co-Founder & MD
Name:
Date:
Signature:
Appendices
AProduct List
Detailed list of products available for resale and white-label distribution.
BSLA & Support Levels
Service level agreements and technical support specifications.
CPricing & Commission Matrix
Detailed pricing structure and commission calculation methods.