Farmerz Market Terms and Conditions

1. Purpose

The Client agrees to purchase one or more Meat Boxes from Farmerz Market for resale by Farmerz Market under a profit-sharing resale model. Farmerz Market undertakes to manage the sale of the meat and distribute profits based on the selected option.

Disclaimer:
Farmerz Market (Pty) Ltd is not an investment company, a financial service provider, or a collective investment scheme. It is a licensed retail meat shop and distribution business. This Agreement does not constitute an investment contract or financial return guarantee.

The Client purchases a product (Meat Box), and may either:

1. Take physical delivery of the product (like a normal customer); or

2. Leave the product with Farmerz Market for resale under this optional profit-sharing model.

2. Product Description

Each Meat Box is valued at R3000 and includes a curated selection of premium-quality meat. The Client retains full ownership of the product until it is resold by Farmerz Market under agreed terms.

3. Profit-Share Options

The Client must choose one of the following options at the time of purchase:

Option 1: 3-Month Profit Share

• Purchase Amount: R3000

• Profit: R1500 after 3 months

• Total Payout: R4500

• Farmerz Market retains: R4500

Option 2: 6-Month Profit Share

• Purchase Amount: R3000

• Profit: R5000

• Payouts: R4000 at month 3 and R4000 at month 6

• Total Payout: R8000

• Farmerz Market retains: R20,000

Option 3: 12-Month Profit Share

• Purchase Amount: R3000

• Profit: R12,000

• Payout: R12,000 at the end of month 12

• Total Payout: R15,000

• Farmerz Market retains: R48,000

4. Obligations of Farmerz Market

Farmerz Market shall:

• Resell the Meat Boxes on behalf of the Client

• Make profit share payouts as per selected option

• Keep internal records of all transactions

• Provide updates, if requested

• Retain the right to reschedule payments or adjust terms in case of agricultural crises, such as Foot and Mouth Disease (FMD) or other force majeure events

5. Obligations of the Client

The Client shall:

• Pay R3000 per Meat Box upon registration

• Choose a profit-share option at time of purchase

• Understand and accept that:

  • This is a product purchase, not a financial investment

  • No returns or refunds are allowed after purchase

  • The agreement is non-transferable and non-negotiable

• Refrain from disruptive conduct including defamation, false accusations, intimidation, or undue pressure on Farmerz Market staff

6. Risk Acknowledgement & Force Majeure

The Client acknowledges that meat resale is affected by:

• Market fluctuations

• Livestock health alerts (e.g., FMD)

• Weather disruptions

• Supply chain delays

In the event of such occurrences:

• Payouts may be delayed or restructured

• Farmerz Market shall notify Clients via official platforms

• Clients agree not to institute legal action or demand early payouts

This clause is enforceable under the common law principles of Force Majeure.

7. Non-Investment Clause

This Agreement shall not be interpreted as a financial product.

• Clients are not entitled to access internal financials or claim any form of equity, dividends, shares, or guarantees.

• The profit shared is a voluntary business arrangement based solely on the performance of resale activities.

• Farmerz Market has no fiduciary duty to the Client beyond what is expressly stated herein.

8. Payment Terms

• Payments will be made via EFT to the Client’s verified bank account.

• A 10-business-day grace period is allowed beyond the listed payout date.

• Clients must ensure banking details are correct; Farmerz Market is not liable for misdirected payments.

9. Conduct & Defamation Clause

Any Client who:

• Uses public platforms to defame the company;

• Spreads misinformation about company operations or payouts;

• Threatens staff or partners;

Will be in material breach of this agreement. Farmerz Market reserves the right to:

• Terminate the agreement immediately

• Forfeit any unpaid profits

• Seek legal recourse under civil or criminal law

10. Termination

This Agreement will:

• End once full payouts have been made per the selected option

• Be subject to a 25% early withdrawal penalty if terminated by the Client

• Be voidable by Farmerz Market without refund if the Client breaches any clause

11. Dispute Resolution

• All disputes must be reported in writing.

• If not resolved amicably, disputes will be referred to an independent arbitrator.

• Arbitration shall be held in Gauteng or a neutral location, in accordance with South African law.

12. Governing Law

This Agreement is governed by the laws of the Republic of South Africa. Any legal action must be instituted within jurisdictional courts located in Gauteng.

13. Entire Agreement

This document represents the entire agreement between the parties. No verbal or written representations not contained herein shall be binding.

14. Confidentiality & Non-Disclosure

The Client agrees to maintain strict confidentiality regarding:

• Farmerz Market’s business model

• Sales strategies, pricing structures, supplier networks

Any breach may result in legal claims for damages and loss of business reputation.

15. No Partnership, Shareholding or Employment

The Client understands and agrees that:

• This agreement does not constitute a partnership

• The Client is not a shareholder or investor

• There is no employment relationship

• The Client’s role is limited to that of a customer participating in a resale option

16. Online Orders & Electronic Signature

16.1 If this Agreement is entered into through an online platform, including but not limited to the Farmerz Market website, official WhatsApp channels, Google Forms, or e-commerce portals:

• It shall be deemed a legally binding agreement, enforceable under the Electronic Communications and Transactions Act, 2002 (ECTA) of South Africa;

• The Client’s act of clicking “Submit,” “Accept,” or “Purchase” constitutes a valid electronic signature;

• The Client consents to the use of electronic records and communication for all matters related to this Agreement.

16.2 Farmerz Market shall maintain digital records of all transactions, including:

• Order confirmations

• Bank proof of payments

• Combo selection

• Payment preferences

16.3 In the event of any dispute, the company’s electronic records and logs will be considered prima facie evidence of the Client’s consent, agreement, and actions.

16.4 The Client waives the right to claim non-binding status on the grounds that the agreement was concluded electronically.

With this section, all online orders are:

• Legally binding

• Covered under South African electronic law

• Enforceable just like signed physical contracts