V3STAY VENDOR SERVICE AGREEMENT

Effective upon acceptance. This Agreement is between V3Stay ("Platform") and you ("Vendor").

1. COMMISSION STRUCTURE
• V3Stay charges guests a total booking amount that includes a 16% platform fee.
• As a Vendor, you may earn a referral commission of 5% of V3Stay's 16% share (effective ~0.8% of total booking value) ONLY when you are the referring vendor — i.e., a guest registers or books through YOUR unique QR code or referral link.
• If you provide services (transport, food, experiences, etc.) for a booking referred by someone else, you will be paid your full negotiated service fee. You do NOT receive referral commission on bookings you did not refer.
• Only ONE vendor receives the 5% referral commission per booking — the vendor whose QR code or link was used first.

2. GUEST ATTRIBUTION & LOCK PERIOD
• When a guest first registers via your QR code or referral link, they are attributed to you for 2 (two) years from the date of registration.
• During this lock period, you earn the 5% referral commission on ALL bookings made by that guest — even at different properties across India.
• Attribution is first-come: if a guest has already been attributed to another vendor, your link will not override their attribution.

3. SERVICE FEE & PAYMENTS
• For services you provide (transport, food, local experiences, etc.), you will be paid your agreed service fee minus the platform commission rate set in your vendor profile.
• Payouts are processed on a T+1 cycle after guest checkout.
• All payments are subject to applicable GST deductions.

4. OBLIGATIONS
• Maintain quality standards as per V3Stay's service guidelines.
• Respond to booking requests within 2 hours during operating hours.
• Provide accurate pricing and availability information.
• Maintain valid KYC documentation (PAN, GST if applicable, bank details).

5. TERMINATION
• Either party may terminate with 30 days written notice.
• V3Stay may suspend or terminate immediately for quality violations, fraud, or guest complaints.
• Pending payouts will be settled within 15 business days of termination.

6. JURISDICTION
• This agreement is governed by the laws of India. Disputes shall be subject to the jurisdiction of courts in Goa, India.