Title: Buyer Terms of Reference (TOR) for Natureshire B2B Marketplace

1. Introduction:

Welcome to Natureshire, a B2B marketplace connecting buyers and suppliers in the realm of natural products. These Buyer Terms of Reference (TOR) delineate the guidelines and responsibilities for buyers engaging in procurement activities on the Natureshire platform. The TOR serves to ensure transparency, efficiency, and ethical conduct in all transactions conducted through natureshire.com.

2. Objective:

The primary objective of these TOR is to establish a standardized framework for buyers to follow during procurement processes on the Natureshire platform. The TOR aims to: - Ensure compliance with legal and regulatory requirements governing B2B transactions. - Foster trust and integrity among buyers and suppliers within the Natureshire community. - Facilitate seamless and efficient procurement processes. - Promote fair and ethical business practices. - Enhance the overall user experience for buyers on the Natureshire platform.

3. Definitions:

- Buyer: An individual or entity registered on natureshire.com for the purpose of purchasing natural products from suppliers. - Supplier: A registered entity on natureshire.com offering natural products for sale to buyers. - B2B Marketplace: An online platform (natureshire.com) where businesses can buy and sell natural products. - Procurement: The process of acquiring goods or services from suppliers. - TOR: Buyer Terms of Reference governing buyer conduct on the Natureshire platform.

4. Responsibilities of Buyers:

- Compliance: Buyers must comply with all applicable laws, regulations, and policies governing B2B transactions on the Natureshire platform. - Integrity: Buyers should conduct themselves with honesty, fairness, and transparency in all interactions with suppliers and other users of the platform. - Due Diligence: Before making a purchase, buyers are responsible for conducting thorough due diligence on suppliers, including verifying product quality, pricing, and terms of sale. - Communication: Buyers should communicate promptly and clearly with suppliers regarding their requirements, expectations, and any issues that may arise during the procurement process. - Feedback: Buyers are encouraged to provide constructive feedback on their purchasing experience, including supplier performance and product quality, to help improve the overall marketplace ecosystem. - Confidentiality: Buyers must maintain the confidentiality of sensitive information obtained during procurement transactions, including pricing negotiations and supplier communications.

5. Procurement Process on Natureshire:

The procurement process on Natureshire typically involves the following steps: - Product Search: Buyers browse natureshire.com to find natural products that meet their specific requirements. - Supplier Evaluation: Buyers evaluate supplier profiles, product listings, and ratings to select suitable suppliers for their procurement needs. - Order Placement: Buyers place orders through the Natureshire platform, specifying quantity, delivery terms, and any other relevant details. - Payment: Buyers make payments securely through the platform using the available payment methods. - Delivery and Inspection: Upon receipt of the ordered products, buyers inspect them to ensure they meet quality and quantity specifications. - Feedback: Buyers provide feedback on their purchasing experience and the quality of products received, contributing to the reputation of suppliers on the platform.

6. Code of Conduct:

Buyers on the Natureshire platform are expected to adhere to the following code of conduct: - Respect: Treat suppliers and other users with respect, professionalism, and courtesy. - Transparency: Be transparent in all transactions and communications, providing accurate information to suppliers and fellow buyers. - Fairness: Conduct business dealings with fairness and integrity, avoiding any unfair or discriminatory practices. - Compliance: Adhere to all terms and conditions specified by Natureshire, as well as relevant laws and regulations governing B2B transactions.

7. Compliance and Enforcement:

Non-compliance with these TOR may result in disciplinary action, including suspension or termination of the buyer's account on the Natureshire platform. Natureshire reserves the right to take appropriate action against any buyer found to have violated these TOR or engaged in fraudulent or unethical behavior.

8. Amendments and Review:

These TOR may be amended or updated by Natureshire as necessary to reflect changes in business practices, regulatory requirements, or platform policies. Any amendments will be communicated to buyers through the platform, and buyers are expected to review and adhere to the updated TOR.

9. Conclusion:

By adhering to these Buyer Terms of Reference, buyers contribute to the integrity, trustworthiness, and success of the Natureshire B2B marketplace. We thank you for your commitment to ethical and responsible procurement practices on our platform. Signed: Natureshire Management Date: 2025-05-02 Business Name: Natureshire Website: natureshire.com