General Terms, Privacy Policy and Conditions of Merchant Contract

1. Definition and interpretation

1.1 Definitions

In these General Terms and Conditions of Merchant Contract, unless the context specifies otherwise, the following definitions have the meaning as follows.

2. Entire Agreement

3. Term

These General Terms and Conditions of Merchant Contract, including those as may be amended from time to time, are in force for the effective period of the Merchant Contract specified in Merchant Contract.

4. Services and Goods Ordering Equipment

5. Rights and duties of Parties

5.1 Rights and duties of Red Ant

5.2 Rights and duties of the Merchant

6. Marketing

7. Service Fee

Red Ant is entitled to amend Service Fee as specified in Merchant Contract and/or Addendum to Merchant Contract due to commercial justification and business necessity, including, without limitation, the cost and turnover of Red Ant, characteristics, cost, quantity or Price of the Goods, volume of Goods order from Merchant through Red Ant Application, commercial reputation, and others. Red Ant will notify Merchant of such amendment in writing by giving a prior notice at least 60 (sixty) days in advance. In the event that Merchant does not accept the amendment of Service Fee, Merchant shall be entitled to terminate this Contract by serving a prior written notice to Red Ant (including email) at least 30 (thirty) days.

8. Representations and Warranties

9. Termination of Contract

10. Indemnity

11. Confidentiality

12. Force Majeure

The parties shall be released from their obligations (save for obligation to make a payment) and their delay in performing any obligations as a result of Force Majeure. In the event that Force Majeure persists for a period exceeding sixty (60) days (or other period as mutually agreed by the Parties) and both Parties had negotiated in good faith and fail to properly resolve, either Party shall be entitled to terminate Merchant Contract by serving a written notice (including email) to the other Party.

13. Costs and Expenses

Unless otherwise specified in Merchant Contract, Addendum to Merchant Contract and/or these General Terms and Conditions of Merchant, each Party shall be responsible for its own costs and expenses in connection with the negotiation of, the preparation of, the entry into, and the implementation of the terms and conditions in Merchant Contract, Addendum to Merchant Contract and/or these General Terms and Conditions of Merchant.

14. Non-waiver

Failure or delay by a Party to exercise any right, including the indemnification right, under Merchant Contract or the governing law, shall not constitute a waiver by, or estoppel of, such Party’s right or indemnification right, and shall not preclude the exercise of any right, rights to be indemnified from such Party.

15. Notice

Unless otherwise specified in Merchant Contract, Addendum to Merchant Contract and/or these General Terms and Conditions of Merchant, notice issued or served under Merchant Contract, Addendum to Merchant Contract and/or these General Terms and Conditions of Merchant Contract must be in writing (including email) and shall be deemed to have been given if delivered in person to the representative of the other Party, sent by registered post or email to the other Party at the address or email address specified in Merchant Contract, Addendum to Merchant Contract and/or these General Terms and Conditions of Merchant or other address or email address as may be notified by a Party to the other Party.

16. Amendment

Red Ant reserves its right to amend, change, add, and remove any part of these General Terms and Conditions of Merchant contracts in accordance with business reason and necessity of Red Ant at Red Ant’s sole discretion. Red Ant shall notify Merchant of the amendment within a reasonable period, by the method determined by Red Ant (including email, Red Ant Application, and Merchant Application). However, Merchant agrees that Merchant is obliged to monitor and examine the amendment details of General Terms and Conditions of Merchant Contract through the term of this Contract.

17. Governing Law

18. Privacy Policy