Distributors having bank account with ABN Amro Bank, Citibank, Deutsche Bank, HDFC Bank, HSBC, ICICI Bank, IDBI Bank, Kotak Mahindra Bank, Standard Chartered Bank or AXIS Bank will receive brokerage payments directly into their bank account. For Distributors banking with any other bank apart from the above mentioned banks, the Asset Management Company/ Mutual Fund (AMC/MF) will endeavor to credit the payout directly to the bank account through the electronic mode; however, the AMC/MF shall not be responsible if payout through ECS / Direct Credit does not get effected because of incomplete or incorrect information or any other operational reasons. The AMC/MF, reserves the right to use any other mode of payment as deemed appropriate.

I hereby declare that the information furnished is true and correct to the best of my knowledge and belief.

I undertake to abide by the Terms and Conditions stated overleaf and the changes in Terms & Conditions from time to time relating to the empanelment of distributor. I am not an Employee or a relative of a Director / Employee of the AMC / Sponsor / or any of its associates.

1. Any term referred hereunder will have the same meaning as attributed under the Offer Documents of the respective schemes launched by Mirae Asset Mutual Fund.
2. The relationship between the AMC and the Distributor is that of principal to principal. The Distributor and/or its personnel shall not be entitled to, by act, word, deed or otherwise, make any statement on behalf of AMC/MF or in any manner bind the AMC/MF except to the limited extent as expressly provided in herein or otherwise in writing. The activities of the Distributor and its personnel shall not be construed to be activities of the AMC/MF.
3. This Agreement is a non-exclusive agreement and the AMC may at its sole discretion appoint other Distributor to distribute the Units of the MF.
4. The appointment of the Distributor shall be subject to the terms and conditions stipulated herein and to any guidelines, notifications, regulations policies, procedures that may by framed or issued from time to time by the MF/ AMC, Association of Mutual Funds in India ("AMFI"), SEBI or any other regulatory body / authority. Further Distributor undertakes to comply with the Advertisement guidelines and Advertisement Code prescribed by SEBI (Mutual Funds) Regulation, 1996. Subject to Advertising Guidelines and disclosure requirements as specified by SEBI, the Financial Advisor shall not use any advertising or sales material relating to the Distributor other than sales material released by the Company and unless approved in writing by the Company advance of such use. Furthermore the Distributor will comply with SEBI's circulars no. MFD/CIR/06/210/02 dated June 26, 2002, and MFD/CIR No. 10/310/01dated September 25, 2001. Further, the Distributor also agrees to comply with SEBI Circular no. MFD/CIR/20/23230/2002 dated November 28, 2002 read with AMFI Guidelines Ref. No.CIR/ARM-01/02-03 dated January 15, 2003, as amended from time to time.
5. The Broker agrees to comply with the relevant provisions of the Money-Laundering Act, 2002, as may be applicable in respect of Broker / Investors and will assist the AMC in complying with provisions of the Money-Laundering Act, 2002, as may be notified by the Regulatory authorities / AMC.
6. The Distributor shall ensure that the Distributor, its employees or representatives have and at all times shall continue to hold all valid and subsisting approvals / registrations / certifications as may be required by law to perform its obligations hereunder during the term of appointment and that they have not and shall not violate / breach any of the terms and conditions subject to which such approvals / registrations / certifications have been granted.
7. The Distributor shall mobilise the funds under each scheme of the MF in accordance with the Offer Documents of the respective schemes & operating instructions, if any, provided by the AMC / MF.
8. The Distributor agrees that the Distributor, its employees or representatives will always provide each investor/unit holder with a copy of the abridged offer document / Key Information Memorandum with respect to the relevant scheme of the MF and will be given a copy of the offer document if requested with respect to the relevant scheme of the MF.
9. The Distributor shall do all acts, deeds and things necessary on behalf of the MF / AMC to enhance the investors' confidence and interest in the MF and ensure that the interests and reputation of the MF and the AMC are fully protected at all times. 10. The Compensation (i.e. commission or brokerage or fee) and the periodicity of its payments for each scheme of the MF will be decided by the AMC at its discretion. Further, the AMC has the right to revise the same from time to time as it thinks fit. The Distributor shall be eligible to receive commission based on the amounts mobilised by such Distributor under each scheme of the MF subject to such other terms and conditions as may be applicable.
11. The Distributor shall not have any right or claim against the MF / AMC, for any loss incurred by it due to any revision made by the AMC in Compensation or any change of terms and conditions of distribution.
12. In case the Distributor receives any Compensation or any other amount which is not due or payable to the Distributor, the AMC / MF shall be entitled to recover the same or adjust all such amounts as are paid wrongly or by mistake to the Distributor.
13. The Distributor shall only make representations / statements concerning units of scheme as contained in the current Offer Document and Abridged Offer Document and printed information issued by the MF / AMC as information supplemental to such documents. 14. The Distributor shall only use advertising / sales material for distributing / selling the units of the MF as provided / approved by the MF / AMC.
15. The Distributor shall not indulge in any kind of malpractice or unethical practice to sell, market or induce any investor to buy the units of the scheme(s) of the MF.
16. The Distributor shall neither use nor display the logo or mark of the AMC / MF (or any logo or mark similar thereto) in any manner whatsoever, without the AMC's prior written approval.
17. The Distributor shall take adequate steps to obtain information and identify the investors/unit holders who invest in the MF through the Distributor and shall maintain all information / documents / records in respect of services provided hereunder e.g. customer data base etc.
18. The Distributor shall provide such assistance as may be required by the investors / unit holders / the Registrar / the AMC to redress any complaints received therefrom.
19. The Distributor (including all its employees, Distributor and representatives) undertakes to maintain strict confidentiality with regard to all matters, documents, reports and information given to the Distributor on confidential basis by the AMC / MF.
20. The Distributor shall ensure that the terms and conditions mentioned herein or as agreed from time to time are also complied with the Distributors' employees, Distributor (including sub-Distributor) and representatives.
21. The Distributor shall protect and keep harmless and indemnify the MF / AMC, against and in respect of any loss, claim, cost, charges, expenses (including legal fees and expenses), penalties whatsoever which the MF / AMC, may incur as a result of:
a) reach of any term or condition mentioned herein by the Distributor or any of its employees, Distributor (including sub-Distributor) and representatives;
b) fraudulent, improper, incorrect, wrongful or negligent performance, work, service, act or omission by the Distributor including any of its employees, and representatives;
c) wilful misconduct of the Distributor or any of its employees, Distributor (including sub-Distributor) and representatives.
22. The Distributor shall promptly provide on periodic basis such written declaration / confirmations along with supporting documents as required by the AMC to ensure compliance with all applicable laws/rules/regulations/guidelines/SEBI/ AMFI circulars.
23. The Distributor shall give its no objection to the change of name of Distributor / transfer of Agency code, in case such request has been received by the investor voluntarily, and shall not withhold such consent without assigning any valid reason.
24. The AMC shall have the right to terminate the appointment of a Distributor at any time without assigning any reason thereof. A Distributor may also terminate his / her /its relationship at any time after informing the MF / AMC, through a letter by giving prior written notice of 30 days.
25. Disputes arising out of this arrangement will be subject to the jurisdiction of the courts in Mumbai City only.
26. The AMC may provide infrastructure facilities at its office premises to the distributors on best effort basis. In such case, the AMC has the right to recover from the distributor any damage/ loss occurred either to the Office premises or any asset of the company.
27. The commission / brokerage payable by the AMC in respect of distribution of Mutual Fund Units by the Distributor will be per the brokerage structure as may be notified by AMC from time to time and will be inclusive of all taxes, cesses, charges and levies.
28. I the Distributor, agree and accept that these terms and conditions constitute a valid and binding contract enforceable under law and I having fully read and understood these terms hereby agree to comply with and be bound by the same.