This agreement is between the applicant (which term shall mean and include its heirs, successors, and assigns) on one part; and, "Beam" which term shall mean and include Beam Money (P) Limited, with its registered office at Enterprise, D-128-129, 402, Terrace Floor, Okhla Industrial Area, Phase 1, New Delhi, 110020, India, its affiliates, group companies, successors, licensees, and assigns, on the other part.

I. Becoming Beam Loyalty Rewards Member: Applicant confirms that he/she has signed the application overleaf after going through and having fully understood the terms and conditions which have been explained in the language known to him/her and accepts this agreement. On accepting the application and registering the applicant, Beam shall allot a Beam Loyalty Rewards Account number (BLRA) whereafter the applicant shall become and be referred as Beam Loyalty Rewards Member. The Beam Loyalty Rewards Member's BLRA shall be updated, as per rules in vogue from time to time, whenever any transaction is made by the Beam Loyalty Rewards Member using his/her Beam Customer/Subscriber Account (BSA) that was established on the applicant registering with Beam and becoming Beam Customer/Subscriber. The mobile number and Email ID mentioned by the applicant in the application shall, on registration, become the Registered Mobile Number (RMN) and Registered Email (REM) of the Beam Loyalty Rewards Member. The Beam Loyalty Rewards Member's username shall be the BLRA or the RMN; and password shall be the SPIN (as amended) that was established on the applicant registering with Beam and becoming Beam Customer/Subscriber. Every time Beam Customer/Subscriber does a transaction that qualifies the transaction for awarding Beam Loyalty Reward Points (BLRP) the applicable BLRP shall be credited to the BLRA. It is clearly understood by the applicant that the BSA and BLRA and independent accounts which cannot be intermingled in any manner or circumstance whatsoever.

II. Acceptance of Terms of Use for Beam Loyalty Rewards Membership/Account: Please read these terms and conditions carefully. Availing the Beam Loyalty Rewards Membership, BLRA as defined herein as also on Beam's website www.beam.co.in (Beam Website), expressly means that you accept and agree to abide by these terms and conditions as well as any other which might be stipulated by Beam from time to time without prior notice. In case you do not agree to abide by these terms and conditions as also the aforesaid, please do not avail Beam Loyalty Rewards Membership.

TERMS OF USE :

1. You must be 18 years or above age for being eligible for applying and obtaining Beam Loyalty Rewards Membership.

2. You must provide all information in the application form as well as provide required valid documents including for Know Your Customer (KYC) for becoming Beam Loyalty Rewards Member.

3. You will be solely responsible for maintaining the confidentiality about the information of Beam Loyalty Rewards Membership including keeping password i.e. SPIN secure.

4. Beam will not be liable / responsible for any loss or damage caused to any individual from failure by you to maintain the confidentiality of BLRA and SPIN.

5. You do not have any authority to use Beam's Loyalty Rewards system for any illegal or unauthorized purpose / intention nor may he/she, violate any laws and/or terms and conditions issued from time to time by Beam - including but not limited to those mentioned on Beam Website.

6. You will be solely responsible for all activities and contents (data, graphics, photos, and links) that is uploaded/maintained/published in your BLRA.

7. You must not transmit any worms or viruses or any code of destructive nature.

8. These terms and conditions as well as any subsequent amendments thereof are part of a contract between Beam and you.

9. Any duplication / modification / alteration / change / addition of Beam Loyalty Rewards Membership Card without prior written consent of Beam will be subject to its cancellation.

10. Beam shall not be liable / responsible in any manner for any defects / damages whatsoever in the product/merchandise/goods / tools/services provided by Beam/Beam's merchant, which shall include and not be limited to any deficiency in services/skill. Beam does not warranty/guarantee in any manner whatsoever, against any damage, defect, pilferage or loss for the aforementioned goods/services.

11. BLRP is not subject to exchange or withdrawal by way of cash.

12. Beam Loyalty Rewards Membership Card contents / data in the card (electronic and/or physical) is the exclusive property of Beam only. You unconditionally agree to surrender / destroy the Beam Loyalty Rewards Membership Card on its cancellation/termination as per the direction/ instructions of Beam.

13. You agree to pay the full amount of consideration of Beam Loyalty Rewards Membership fee as per schedule stipulated by Beam from time to time.

14. Beam shall not be responsible for any misuse/misappropriation of the BLRP.

15. Beam reserves the unconditional and exclusive right to amend/ change / modify / alter or withdraw the Beam Loyalty Rewards Membership programme without any prior notice.

16. All disputes pertaining to defect in the product/merchandise/goods / tools/services provided by Beam and/or any deficiency in product/services/skill availed through the Beam Loyalty Rewards Membership programme will be resolved by Beam only at its sole discretion. Decision of Beam in this regard shall be without prejudice, full and final and binding on you.

17. It is mutually agreed that you will pay all the taxes / levies / assessment / charge / duty applicable as per code of taxation.

18. The Beam Loyalty Rewards Membership Card can be used by you only, and that transfer of said card in any manner whatsoever is not allowed under any circumstance. Beam hereby reserves the right to cancel / terminate the said card without any prior notice.

19. The Beam Loyalty Rewards Membership card is valid initially for one year from the date of activation.

20. Non use of the Beam Loyalty Rewards Membership card up to twelve (12) continuous months will render the same for deactivation.

21. Beam Loyalty Rewards Membership and BLRP will be valid for transactions at Beam authorized merchants and franchisees only. BEAM LOYALTY REWARDS MEMBERSHIP POINTS CALCULATION

22. BLRP points which you will earn through transactions will be added to your BLRA account within seven (7) days of transaction or as per schedule decided by Beam from time to time.

23. In case of Refund and Return transaction BLRP points will not be added.

24. Beam Loyalty Rewards Points calculation table:

25. BLRP will be calculated in a whole and will not be considered as fractions/decimals. In case of fractions/decimals the BLRP points will be round off with previous number.

26. BLRP points from the your BLRA cannot be pooled or combined and or intermingled with the BLRP points of another Beam Loyalty Rewards Member's BLRA.

27. If you do not use your Beam Loyalty Rewards Memberships card to accumulate and/ or redeem BLRP points for a continuous period of twenty four (24) months, the Beam Loyalty Rewards Memberships points accumulated by you and your Beam Loyalty Rewards Membership account will expire without any notice. All BLRP points collected by you which may be lying unused at the time of expiry shall lapse.

REDEMPTION OF BEAM LOYALTY REWARD POINTS - TERMS AND CONDITIONS:

28. Beam Loyalty Rewards Memberships customer rewards program is managed, operated, developed, promoted and marketed by Beam and offers benefits, facilities or arrangements to members by reason of their membership into the program, whereby certain BLRP points are collected on every transaction qualified to earn BLRP activity made by you within Beam network and such BLRP points may be used by you for redemption through the Beam Loyalty Rewards rewards catalog published on Beam Website.

WARRANTIES / GUARANTEE:

29. The warranty and guarantees as applicable on the products/services is the sole responsibility of the vendor/merchant supplying the product/service/skill. Beam shall not be liable /responsible in any manner whatsoever pertaining to any defect/damage/deficiency in service in the product/merchandise/goods/tools/services/skill provided by Beam Loyalty Rewards Membership or any deficiency in services/skill availed through the Beam Loyalty Rewards programme. However guarantee and warranty of the product/service shall be transferred as received from the manufacturer/distributor/vendor/merchant. You must contact the respective manufacturer/vendor/distributor/merchant in case of any complaint including deficiency in service.

30. All products/services displayed on the Beam Website's section pertaining to Beam Loyalty Rewards / catalogue and the same are subject to availability of the goods/services and supplier warranties/guarantee at the time of their redemption. Beam will not be responsible by whatsoever manner with respect to the services/ product/merchandise/goods / tools/skill provided under Beam Loyalty Rewards programme including any deficiency in services/skill availed through Beam Loyalty Rewards obtained under the said program.

PRODUCT DELIVERIES:

31. All redemption orders received / placed through the Beam Website's Beam Loyalty Rewards section will be delivered within sixty (60) working days however Beam will not be responsible in any manner whatsoever in case of further delay caused due to (a) of the whole or any part of the performance by of Beam, or its vendor/merchant, of its obligations under this agreement is prevented, hindered or delayed or otherwise made impracticable by reason of any event beyond the reasonable control of Beam including but not limited to strikes, labor disputes, floods, fires, accidents, earthquakes, riots, explosions, wars, hostilities, acts of government or any other cause of like or different character ("Force Majeure Event"), the party whose performance is thus prevented, hindered or delayed shall be excused from such performance during the continuance of such Force Majeure Event. On the happening of such Force Majeure Event, the parties shall immediately consult each other in order to find an equitable solution and shall use all reasonable effort to minimize the consequences of the Force Majeure Event.

32. Redemption orders from members once given to Beam cannot be canceled or changed. Goods /services i.e. Beam Rewards once delivered cannot be returned, or cancelled or exchanged for cash by you.

33. You are to ensure that your mailing address details given in the attached application are legible and correct. If not, please contact Beam Customer Care and have the details updated by providing valid relevant supporting documents as required.

34. If you have not mentioned correct residential address or is not available at the mentioned address at the time of delivery of product/service the said product/service will be delivered to the person available at the mentioned address and Beam will not be responsible for such delivery of product/merchandise/goods / tools/service/skill provided under Beam Loyalty Rewards Membership programme or any services / skill availed under the same.

RETURN / EXCHANGE POLICY:

35. If any product/merchandise/goods / tools/service are found damaged condition or if any deficiency / defect in the services / skill is found, you will be liable to communicate the same fact to Beam on the registered address in written or through electronic communication within seven days of receipt of the product/service/skill.

36. All damaged product /merchandise/goods / tools/services need to be sent by you only. You will have to send the damaged/deficient product/service from where the same was received and intimate Beam of the same.

37. Beam will not be responsible for products/service or vouchers stolen, damaged/mutilated/destroyed or lost in transit before delivery to you. The aforesaid responsibility entirely lies with the fulfillment agency and/or courier company which is used for fulfillment of the Beam Reward.

38. You must strictly follow the Beam Rewards merchant/vendor/partner's designated procedures to exchange defective merchandise.

39. Under any circumstances will the Beam Rewards be either refunded or exchanged for BLRP points or cash.

INDEMNITIES

40. Product/service availability and points of the products/service under the Beam Loyalty Rewards programme's reward catalogue are subject to change without prior notice.

41. There will be slight changes in model, color and/or features of the product/service subject to availability that might be sent to you by vendor.

42. Selection of products/services offered for redemption under the Beam Loyalty Rewards programme are and will be at the sole discretion of Beam and is liable to changed without prior notice.

43. Beam will not be responsible in any manner whatsoever where any supplier/vendor/merchant of the products/service under Beam Loyalty Rewards programme, withdraws, cancels, alters or amends the said products/service in any manner.

44. Product/service image displayed on the Beam Loyalty Rewards catalogue are representative picture, colors and specifications only and are subject to change as per availability.

45. Beam shall not be responsible for changes to, or discontinuance of, any merchant or partner product, merchandise, or service, of if any merchant or partner/vendor withdrawals from the Beam Loyalty Rewards programme, or for any effect on or devaluation of rewards caused by such change, discontinuance, or withdrawal. You may not rely upon the continued availability of any Beam Loyalty Reward or award/redemption level.

GENERAL

46. This Agreement can be terminated by either party giving a written notice of thirty (30) days to this effect.

47. Neither party hereto shall be liable to the other for its failure to comply with any of the covenants contained herein provided where such a failure is the result of the force majeure, interalia lockouts, strike, fire, floods, earthquakes, storm, act of God, governmental action, or any other reason beyond control of the parties (Force Majeure).

48. This agreement cancels and supersedes any and all prior agreement written or oral, expressed or implied between you and Beam.

49. That any indulgence and or forbearance accorded to you by Beam shall not deemed to have modified and or forgone Beam's rights and remedies as contained in this agreement as amended and absolve you from discharging your obligations and duties contained in this agreement as amended.

50. All disputes pertaining to this agreement and transactions hereunder will be resolved by Beam and the decision of Beam in this regard shall be final and binding on you.

51. Beam reserves its absolute right to modify, add/delete the terms and conditions, as amended, at its sole discretion without prior notice and any liability to any person.

52. Any notice or intimation required to be given by either party shall be deemed to have been duly served if sent by electronic mail, registered post to the respective parties by their name and styles and address contained herein/in the application attached.

53. In case of any dispute arising out of this Agreement the same shall be settled through arbitration by a Sole Arbitrator. The Sole Arbitrator shall act as per the provisions of the Indian Arbitration and Conciliation Act 1996 as amended, and his decision shall be binding upon the parties. It is understood and agreed by both the parties that Chairman of Beam who is nominated by both you and Beam to nominate the Sole Arbitrator. The venue of arbitration shall be Delhi, India only and each party shall equally share the cost of the Sole Arbitrator unless awarded otherwise.

54. The arrangements under this agreement are subject to the exclusive jurisdiction of Delhi Courts only. Further all transactions between the parties mentioned herein shall be deemed to have been made exclusively in Delhi only. Laws of India will only apply.

55. You agree to receive promotional SMS and calls from Beam.