Agreement

Fleet Partner Agreement

Fleet management mandate for owners of multiple vehicles, with service levels, reporting and clean handover on termination.

This document is a draft template prepared for internal review. It must be examined, adapted and executed under the guidance of a qualified advocate practising in India, and stamped as required under the applicable State Stamp Act before it becomes binding.

1. Scope

1.1The Partner appoints the Operator to manage the fleet listed in the Fleet Schedule.
1.2Fleet ownership is unchanged; the Operator acts as manager only.
1.3Scope covers driver recruitment, utilisation, maintenance, charging, insurance, collection, GPS, analytics and support.

2. Service levels

2.1Target fleet utilisation and maximum permissible downtime are stated in the SLA Schedule.
2.2Breakdown response within defined hours and replacement vehicle cover as per the Maintenance Policy.
2.3Monthly MIS covering utilisation, collections, cost per vehicle and incident log.

3. Fees

3.1Management fee per vehicle per month or agreed revenue share, benchmarked to utilisation and collection performance.
3.2Fee adjustments require written agreement and take effect prospectively.

4. Termination

4.1Termination on the notice period in the Commercial Schedule, or immediately for material breach.
4.2Operator transfers all operational records: driver files, trip data, GPS history, maintenance logs and collection ledgers.
4.3Deposits and undisputed balances are settled within 30 days of a supervised handover.

5. General

5.1Governing law: the laws of India. Courts at Bengaluru, Karnataka shall have exclusive jurisdiction, subject to the Dispute Resolution Policy.
5.2Notices shall be delivered by email to the addresses recorded in the Registration Form and by registered post for termination or settlement notices.
5.3No provision of this document creates an employment, partnership or agency relationship beyond what is expressly stated.
5.4If any clause is held unenforceable, the remainder survives unaffected.
5.5This document, together with the Registration Form and annexed schedules, constitutes the entire understanding between the parties.