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Letter of intent to sell on ZedVault

Version 2026-10-28. This is the letter you sign when you claim a seller place.

Between [your business], represented by [your name] ("you"), and ChillTech Innovations, which runs ZedVault ("we", "us").

  1. What this letter is

    • You intend to sell your products on ZedVault when it opens in Lusaka.
    • This letter is not a contract. It does not oblige you to sell, or us to approve your shop. The only promises in it are ours: the Founding Seller terms in section 3 and how we look after your details in section 5.
    • You can withdraw at any time by messaging or emailing us.

  2. What happens next

    • Before launch we contact you on the phone number you gave us to help you get ready.
    • You apply as a seller on ZedVault. We check your business and products against our seller terms before your shop goes live.
    • To withdraw money you will need to pass an identity check. You do not need it to sign this letter or to list products.

  3. Founding Seller terms, for the first 20 sellers to sign

    • 10% commission on each sale instead of the standard 12.5%. We will confirm in writing how long this rate lasts before you list your first product.
    • No listing fees and no monthly fees.
    • A Founding Seller badge on your shop page.
    • Help from our team to set up your shop and your first products.
    • The chance to list your products before the public opening.
    • Places are given in the order letters are signed. Sellers who sign after the first 20 get our standard terms.

  4. How selling on ZedVault works

    • Buyers pay us first. You never chase a payment.
    • Once a payment is confirmed, 80% of your earnings from that sale can be withdrawn. The other 20% follows when the buyer confirms delivery, unless that item is in dispute.
    • Your earnings are the item price less the commission. Payment processing fees come out of our commission, not your earnings.
    • We check every item before it goes to the buyer. Items that are damaged, wrong or not as described come back to you.
    • Food, medicine and cosmetics cannot be sold at launch.

  5. Your details

    • We use your details to contact you about our launch and your seller application, as our Privacy Policy explains.
    • If you tick the box, we may show your business name on our website as a Founding Seller. Ask us and we remove it.

  6. Signing

    • You sign by typing your full name. We keep the date, time, internet address and browser used as the record of your signature, and email you a copy if you give us an email address.

When you sign, your name, business and the date and time are added to this letter, and we keep it as the record. You get a copy by email if you give us an email address.

Sign the letter