Agent Terms and Conditions

These Terms and Conditions (“Agreement”) govern your B2B enrolment and participation as a Business Associate with M/s. GOLDEN LIFE MANAGEMENT PRIVATE LIMITED (“GLM”). By clicking “Agree & Continue”, ticking the acceptance checkbox, or any similar confirmation button, completing the online B2B registration, or by accessing or using any part of the GLM Business Associate program through the website/portal, you acknowledge that:

• you have read and understood this Agreement in full;
• you are legally competent to contract;
• if you are accepting on behalf of a company, firm, LLP or other business entity, you are duly authorised to bind such entity, and all references to “you” / “Business Associate” shall mean such entity;
• you are entering into this Agreement in the course of business, on a principal‑to‑principal, business‑to‑business (B2B) basis; and
• you agree to be legally bound by all the terms and conditions set forth herein.

The Effective Date of this Agreement shall be the date on which you click “Agree & Continue” / tick the acceptance checkbox on the website/portal (“Effective Date”).

M/s. GOLDEN LIFE MANAGEMENT PRIVATE LIMITED, a company incorporated under the Companies Act, 2013, having its registered office at GLM HOUSE 6, NEW SHREYAS APPARTMENT, NEHRUNAGAR CIRCLE, OPP TAGOR PARK JAIN DERASAR, AMBAWADI, AHMEDABAD-380015, GUJARAT, acting through its authorised signatory Mr. _____ _____; (which expression shall unless be repugnant to the context or meaning thereof, shall be deemed to mean and include its Partners, executors, administrators and assigns), hereinafter referred to as the “GLM” of the “FIRST PART” AND The business entity (including company, LLP, partnership, proprietorship or other organisation) completing the online B2B registration form and accepting these Terms and Conditions by clicking “Agree & Continue” / ticking the acceptance checkbox (“you” / “your”), having its address as provided in the registration form (which expression shall, unless repugnant to the context or meaning thereof, be deemed to mean and include, where applicable, its partners, directors, officers, executors, administrators and assigns), is hereinafter referred to as the “BUSINESS ASSOCIATE” of the “SECOND PART”.

“GLM” and “BUSINESS ASSOCIATE” are individually referred to as a “Party” and jointly as the “Parties.”

1. This Agreement is valid only for online course admissions and shall remain in force for a period of one (1) year from the date of digital acceptance and shall be mandatorily renewable every year upon payment of a renewal fee of Rs. 500/-, and non-payment of such renewal fee shall automatically terminate all rights, access, commission entitlements and privileges of the Business Associate without any notice.
2. The Business Associate is appointed primarily for the limited purpose of identifying, sourcing, introducing and referring genuine Prospective Students as Leads to GLM and may carry out only such preliminary orientation, introduction and first-level communication strictly in accordance with the scripts, information and guidelines expressly approved and provided by GLM from time to time, however the Business Associate shall have no authority whatsoever to provide counselling, academic advice, eligibility confirmation, collect any fees, fill, submit or verify application forms or documents, make any promise, commitment, representation or assurance relating to admission, scholarships, placements or results, contact any institution directly, or represent GLM in any official capacity in any manner whatsoever.
3. All Leads shall be genuine, consent-based and generated through lawful, ethical and legitimate means including but not limited to personal networks, educational institutions, coaching centres, digital platforms and other legitimate channels, and the Business Associate shall provide complete and accurate preliminary information of such Leads to GLM within a reasonable time in the manner and format prescribed by GLM from time to time, and all student data, lead pipelines, CRM entries, scripts, institutional mappings and related information shall constitute proprietary trade secrets and exclusive and absolute property of GLM.
4.  The Business Associate shall strictly maintain the confidentiality of all Lead data and shall comply with all applicable data protection and privacy laws, including the Information Technology Act, 2000 and related rules.
5. The Business Associate irrevocably undertakes that he/she/it shall at no time, whether during the Term of this Agreement or at any time thereafter, directly or indirectly solicit, contact, approach, induce, divert, deal with or engage with any Lead, Prospective Student, Referred Student, parent, guardian, institution or Partner Institution introduced, generated or handled through GLM, shall not operate, assist or be associated with any competing education consultancy, shall not use GLM’s name, logo, branding, systems, CRM, databases or Confidential Information without prior written authorisation, shall not directly or indirectly negotiate or deal with any Institution on behalf of any Lead, shall not refer any Lead to any competing consultancy during the Term, and shall not engage in any misleading, deceptive, fraudulent or unethical practice, and all such obligations shall be perpetual, irrevocable and shall survive termination of this Agreement for any reason whatsoever.
6. Any diversion of students, misuse of data, submission of fake or duplicate Leads, unethical conduct, breach of this Agreement or failure to renew shall result in immediate automatic termination without notice and GLM shall have the absolute right to permanently blacklist the Business Associate and notify institutions and third parties.
7. All student information, business data, institutional relationships, commission structures, CRM systems and operational processes shall be treated as confidential information and trade secrets and shall not be disclosed, copied, sold, reused or misused in any manner whatsoever.
8. GLM shall pay the Business Associate a referral commission only in respect of such Leads that result in a confirmed online admission, and such Commission shall be calculated strictly and exclusively on the tuition fee actually received by GLM or the concerned Partner Institution, and no Commission shall be payable on any registration, application, processing, or any other non-tuition charges whatsoever. No Commission shall be payable in respect of Leads not resulting in admission, admissions obtained through misrepresentation or unethical means, or admissions which are cancelled, withdrawn or rendered void, and any Commission paid in respect of such cases shall be liable to be adjusted and recovered by GLM.
9. The applicable rate and structure shall be as mutually recorded between the Parties, and the Commission payable to the Business Associate shall be equal to seventy percent (70%) of the commission actually received by GLM from the concerned Partner Institution in respect of the referred student, and such Commission shall become payable only after confirmation of admission and actual receipt of tuition fee by GLM or the concerned Partner Institution and shall be released within forty-five (45) days thereafter after deduction of applicable taxes.
10. In the event any referred student withdraws, cancels admission, seeks refund, is de-enrolled, is declared ineligible or in any manner becomes liable for refund, reduction, reversal or forfeiture of commission in accordance with the policies, rules, refund guidelines or directions of the concerned Partner Institution, University, statutory or regulatory authority, and as a result GLM is required to refund, reverse, forfeit or return any commission or part thereof to such Institution or authority, then any Commission paid to the Business Associate in respect of such student shall automatically stand reversed and shall be liable to be adjusted against future Commission payable to the Business Associate, and in the absence of any future payable Commission, the Business Associate shall refund the same to GLM within seven (7) days of written demand.
11. Either Party may terminate this Agreement by giving thirty (30) days’ prior written notice to the other Party in the event of a breach of any material term of this Agreement, which breach remains uncured during the notice period. Upon issuance of a termination notice, the Business Associate shall immediately cease sourcing, soliciting or referring any new Leads and shall not represent itself as being associated with GLM in any manner. GLM shall have the right to continue processing, counselling, and closing any Leads already referred prior to the effective date of termination.
12. Termination of this Agreement shall not affect the Business Associate’s right to receive Commission for Leads validly referred prior to termination that subsequently result in Confirmed Admissions. For avoidance of doubt, in cases where the tuition fee for a Referred Student is payable in instalments, the Commission shall be calculated and released to the Business Associate proportionally as and when GLM receives each instalment of the tuition fee from the Partner Institution or student. The Associate shall continue to be entitled to receive Commission for any remaining instalments in accordance with this Agreement, even after termination, until the full tuition fee applicable to the Referred Student has been received by GLM.
13. This Agreement shall be governed by the laws of India and subject to the exclusive jurisdiction of the courts at Ahmedabad, Gujarat, and any dispute shall be resolved by arbitration under the Arbitration and Conciliation Act, 1996.
14. GLM reserves the absolute right to modify, upgrade or amend this Agreement at any time by updating the digital version on its platform, and continued usage by the Business Associate shall constitute acceptance of such modifications.
15. The Business Associate shall indemnify and hold GLM harmless from any claims, penalties, damages, losses or legal actions arising due to the Business Associate’s conduct, misrepresentation or breach.
16. Nothing contained herein shall be construed to create any agency, partnership, employment or franchise relationship between GLM and the Business Associate.
17. In the event of any breach, GLM shall be entitled to seek immediate injunctive relief, account of profits and damages to actual loss suffered by GLM.

By clicking “I Agree”, the Business Associate acknowledges THAT YOU HAVE READ, UNDERSTOOD AND AGREED TO BE BOUND BY THE ABOVE B2B TERMS AND CONDITIONS AS A BUSINESS ASSOCIATE OF GLM.