ANNEXURE A – COMMISSION STRUCTURE

This Annexure forms an integral part of the Asset Partner Agreement executed between Websequent Tech Private Limited operating under the brand name “Villestate” and the registered Asset Partner.

1. Commission Eligibility

Commission shall be payable strictly subject to:

• Successful transaction closure;
• Receipt of full and cleared payment by the Company;
• Proper documentation in CRM;
• No breach of Agreement.

No commission shall be payable on cancelled, refunded, fraudulent, or bypassed transactions.

2. Commission Slab Structure

Commission shall be calculated on the net commission actually received by the Company.

Standard Model:

• Up to 50% of Company’s net received commission for self-sourced documented transactions.
• Remaining share retained by Company as platform and operational fee.

Company may introduce variable slabs, project-specific rates, or performance incentives.

3. Payment Timeline

Commission payout shall be processed within 15–30 business days after the Company receives the commission amount, subject to submission of a valid invoice and deduction of TDS (if applicable).

4. GST & Tax Compliance

• GST invoice is required if Asset Partner is GST registered.
• TDS deducted as per Income Tax Act, 1961.
• Asset Partner responsible for tax compliance.

5. Clawback Policy

Company may recover or adjust commission in case of cancellation, refund, default, or fraud.

6. Anti-Circumvention Enforcement

If Asset Partner directly transacts builder/lead introduced by the Company within 24 months, Company may recover full commission and terminate access.

7. No Guaranteed Commission

Commission is performance-based. No income guarantee.

8. Modification Rights

Company may modify commission structure with notice. Continued usage implies acceptance.

9. Final Authority

CRM and Company transaction records shall be final in commission disputes unless legally overturned.