Terms and Services Agreement
Introduction
This Terms and Services Agreement outlines the terms under which Ridgeway Refreshments provides fully stocked vending machines to location owners and managers. Our goal is to generate additional revenue for our partners while providing a convenient and seamless vending machine experience for their customers and clients.
Revenue Sharing Model
Our vending machine service operates on a flexible, percentage-based revenue-sharing model. The Location Owner will receive a percentage of the monthly sales generated by the vending machine at their location. The percentage share will be outlined in a separate agreement based on location type, foot traffic, and product sales.
Monthly Sales Reporting
To ensure full transparency, we provide a detailed monthly sales report via email. This report will outline the total sales made by the vending machine, commission earnings, and any adjustments made to the product offerings.
Vending Machine Placement & Access
- The Location Owner agrees to provide an adequate space for the vending machine along with a standard power outlet for operation.
- Ridgeway Refreshments will determine the best placement based on accessibility, visibility, and safety. Any future vending machine relocation must be mutually agreed upon.
- Ridgeway Refreshments requires access to the vending machine for restocking, maintenance, and service. The Location Owner agrees to provide reasonable access during business hours or as otherwise arranged.
Vending Product Selection & Adjustments
- The Location Owner may select the initial product assortment for their vending machine based on customer preferences.
- Ridgeway Refreshments reserves the right to modify product offerings based on sales trends at the specific location and across our vending machine service network to maximize sales and ensure optimal product availability.
Maintenance & Repairs
- Ridgeway Refreshments is fully responsible for all maintenance and repairs of the vending machines.
- In the event of a vending machine malfunction, Ridgeway Refreshments will respond promptly to repair or replace the unit.
- The Location Owner is not responsible for repair costs but must notify Ridgeway Refreshments of any observed issues.
- The Location Owner is not allowed to perform any maintenance, or repairs without prior consent from Ridgeway Refreshments.
Utility Costs
- Power consumption charges are the location owners sole responsibility.
- The vending machine requires a standard power outlet for operation. The Location Owner agrees to provide and pay for electricity, with the understanding that power consumption is minimal.
Customer Service & Refunds
- Ridgeway Refreshments will handle all customer complaints, refund requests, and operational concerns related to the vending machine.
- A customer service contact number or email will be provided to assist customers directly, reducing the Location Owner’s involvement in dispute resolution.
Term & Termination
- The Agreement is effective upon vending machine installation and continues indefinitely unless terminated by either party.
- Either party may terminate this Agreement with a 30-day written notice.
- Ridgeway Refreshments reserves the right to remove the vending machine if sales volume is insufficient or if access to the machine is consistently restricted.
Liability & Security
- Ridgeway Refreshments assumes full responsibility for any damage, vandalism, or theft of the vending machine.
- The Location Owner is not liable for any customer injuries resulting from machine operation, provided that they do not interfere with its placement or function.
Compliance with Local Regulations
- Ridgeway Refreshments is responsible for complying with all local, state, and federal vending laws and obtaining necessary permits, where applicable.
Insurance Coverage
- Ridgeway Refreshments maintains appropriate insurance coverage for its vending machines. The Location Owner may request a certificate of insurance if needed.
Miscellaneous
- This Agreement does not establish an employer-employee relationship, partnership, or joint venture between Ridgeway Refreshments and the Location Owner.
- Any disputes arising from this Agreement shall be resolved through mediation or arbitration in accordance with the laws of the state in which the vending machine is placed.
Ownership of Vending Machines
All vending machines provided by Ridge Way Refreshments remain the sole property of Ridge Way Refreshments. Placement of our vending machines at a client’s location does not transfer ownership, leasing rights, or any claim of possession to the client or any third party.
By agreeing to host a Ridge Way Refreshments vending machine, the client acknowledges that the vending machine is owned, managed, and maintained by Ridge Way Refreshments.
Failure to comply with these terms may result in the removal of the vending machine from the premises without prior notice.
