SELLER AND FREELANCER AGREEMENT
Last Updated 7 October 2024
Welcome to Octopios!
These are the terms and conditions of the Seller Agreement ("Agreement") between you and OCTOPIOS ECOMMERCE COMPLEX - L.L.C - S.P.C and its affiliates (“Octopios”) regarding the use of Octopios.com and any mobile applications to sell your products.
By completing the registration process and clicking the “Register” button, you agree to be bound by this Agreement, the User Terms and Conditions (“Terms”), Product Listing Policy and Privacy Policy, which are incorporated by reference in this Agreement. This Agreement will not take effect unless and until you have fully activated your seller account and have been verified by Octopios.
Octopios may update this Agreement at any time. Any changes to this Agreement will be posted on this page. Once posted, the new Agreement will be effective immediately. By continuing to access Octopios.com or use its services, you will be considered to have accepted the updated Agreement.
1.1 A commission will be charged for each transaction per the commission structure set out in Annex 1, or as separately agreed between the parties.
1.2 This Agreement is between the sellers (“Seller(s)”, or “You”) and Octopios.
1.3 Your eligibility to register as a Seller and the creation of your account is described in the Terms.
2.4 In its sole discretion, Octopios has the right to remove a posting or listing or suspend or terminate any account, if it learns of a violation or suspected violation of any of the points under Clauses 2.1-2.3, or for any reason it considers appropriate. Octopios will not be liable for compensation or damages to the Seller.
3.1 Through its website and related applications, Octopios provides a marketplace for buyers and sellers to interact with one another for the sale and purchase of products. Octopios does not represent either buyers or sellers in any transaction and is not a party to any agreement between them.
3.2 Buyers and sellers must agree on and create their own contractual terms and upload the order details of each transaction to the Octopios marketplace.
3.3 Octopios does not control the quality, legality, safety, pricing or availability of the products offered for sale on octopios.com, the ability of sellers to complete a sale or the ability of buyers to complete a purchase.
3.4 By accessing or using octopios.com, You accept the risks of conducting any transaction, as well as any related activities, such as storage, shipment, delivery, and return of products.
3.5 Octopios is not liable for unsatisfactory or delayed performance, losses, damages or business interruptions as a result of products which are unavailable, damaged or not delivered.
3.6 Octopios may, but is not required to, mediate or attempt to resolve any dispute or disagreement between buyers and sellers, but will not be responsible for the resolution of such dispute.
3.7 Please Contact Us to report any issues or violations of these terms.
3.8 UAE Sellers will accept the returns of items or orders from customers within the time frame that is stipulated by Octopios, based on the return & refund policy. Octopios will have the responsibility of delivering the items back to the seller within 5 days after the return request has been approved.
4.1 The primary invoicing relationship is between Seller and Buyer; therefore, Seller will not issue any invoices to Octopios for the sale of products. Seller are solely responsible for issuing and submitting an invoice to the Buyer directly, as agreed between Seller and Buyer, but at latest at the time of delivery.
4.2 Where applicable, for Octopios to transfer the sales proceeds, you must upload a copy of each transaction tax invoice and proof of delivery to the Seller Centre. Payment will be made per Clause 5.
4.3 Octopios will issue an invoice to You for any commissions or other fees to be paid by You, with VAT included, as applicable.
NOTE: This clause applies to all purchases made through the Buy Now feature, in addition to negotiated transactions when payment is made by the Buyer through credit card, bank transfer, or cash on delivery (COD) transactions.
5.2 Octopios is only obligated to pay sales proceeds to You when the transaction payment is made by the Buyer. Under no circumstances will Octopios be liable for any claim of non-payment by the Buyer.
5.3 When Octopios receives payment from the Buyer for an order, you agree that the Buyer has fulfilled its obligation to pay You and You will not pursue the Buyer directly for payment of funds.
5.5 For orders sold by Sellers in the UAE and are delivered, and invoices that are uploaded to the Seller Centre between the 1st and 15th of each month, Octopios will pay the net amount due to You within 7 working days. Net proceeds for all orders delivered and invoices uploaded after the 15th of each month will be paid within 7 working days of the following month. Proceeds will be paid to the bank account provided to Octopios. If the bank account details that have been provided to Octopios are not correct, you will be paid per the above schedule, based on when the correct information is provided to Octopios.
5.6 For orders sold by Sellers outside the UAE, payments will be processed based on the agreed payment channel.
6.1 Octopios may give You access to third-party sites or services through hyperlinks, API or other means. You should review the third-party terms and conditions, as Octopios has no control over and does not monitor such sites. Octopios will not be liable to You for the content of these sites or your use of them.
6.2 Octopios may offer You third-party services, such as payment gateways, financing and delivery services. These services may be subject to a separate agreement between You and the service provider. Under no circumstances will Octopios be liable to You for the use of such services.
7.1 The services provided by Octopios and the products displayed on octopios.com are provided “as is”, “as available” and “with all faults”.
7.2 You agree to defend Octopios, our affiliates, directors, officers and employees against any and all third-party losses, claims and liabilities (including legal costs) which may result from (i) your violation of any applicable laws or this Agreement; (ii) use of octopios.com or its services (or third-party services or sites offered through Octopios); (iii) your products, including the offer, sale, refund, cancellation, return, or adjustments; (iv) your taxes or the collection, payment, or failure to collect or pay your taxes, or the failure to meet tax registration obligations or duties; or (v) actual or alleged breach of any representations You have made. You agree to fully compensate Octopios for such losses.
7.3 Octopios has the right to take control of any legal matter subject to Clause 7.2.
7.4 Octopios will not be liable to pay any consequential, indirect, punitive or incidental damages (including but not limited to damages for loss of profits or savings, business interruption, loss of information), resulting from your use of octopios.com, or any third-party services or sites offered through Octopios.
11.1 “Octopios” and its related logos and words on octopios.com are registered trademarks of Octopios and are protected by international trademark and other intellectual property rights and laws. Octopios’s trademarks may not be used in connection with any service or products other than Octopios, without its written consent. All other trademarks not owned by Octopios that appear on octopios.com are the property of their respective owners, who may or may not be affiliated with Octopios.
11.2 Octopios is the sole owner or lawful licensee of all the rights and interests in octopios.com and its content. octopios.com and its content contain trade secrets and other intellectual property rights protected under worldwide copyright and other laws. All title, ownership and intellectual property rights in octopios.com and its content belong to Octopios. All other rights are reserved.
13.1 Unless You have any additional agreements with Octopios, this Agreement represents the entire agreement between You and Octopios as to your use of the website and any related applications or services, overriding any prior written or verbal agreements that may have been made.
13.2 This Agreement does not create an agency, partnership, joint venture, employment or franchise relationship between You and Octopios.
13.3 If any clause of this Agreement is considered invalid or unenforceable, such clause will be deleted and the remaining clauses will remain valid and enforceable.
13.4 If Octopios does not enforce its rights or act against any breach by You under this Agreement, it does not mean that Octopios is waiving its rights to enforce actions against You in the future.
13.5 Octopios has the right to assign this Agreement to any person or entity. You may not assign this Agreement to any person or entity, without written consent from Octopios.
13.6 This Agreement is governed by and construed according to the laws and regulations of the United Arab Emirates as applied in the Emirate of Abu Dhabi. Any dispute, difference, controversy or claim arising out of or in connection with this Agreement, including any question regarding its existence, validity, interpretation, performance, discharge and applicable remedies, will be subject to the exclusive jurisdiction of Abu Dhabi Courts.