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NANA suggests newsagents delay signing with Hubbed

Here’s an announcement from NANA published  yesterday in relation to Hubbed:

NANA suggests delay in signing
Hubbed contracts/agreements for now

The Newsagents Association of NSW & ACT (NANA) has received legal advice expressing concerns about the Hubbed contracts/agreements that NANA has received.

As NANA is legally not able to instruct NANA Members what to do, NANA is suggesting to NANA Members that they delay signing Hubbed’s contracts/agreements until Hubbed has made appropriate amendments.

Some of the key concerns that NANA has learned are:

their requirement to use insurer(s) approved by Hubbed for public and product liability insurance for Hubbed’s equipment at the Newsagent’s premises;
their exclusivity clause; and
their rental and service agreement that is independent of Hubbed.
Naturally, NANA urges NANA Members to use their own commercial judgement when considering Hubbed’s Connect Premium or Connect Lite.

From the outset, NANA remains very supportive of Hubbed’s offerings as it can significantly propel Newsagents into the lucrative parcel shipments business, bill payments, gift cards, and many other current and future products and service offerings.

Notwithstanding, NANA is firstly committed to ensuring that NANA Members’ business/commercial interests are protected. NANA will continue to update NANA Members of its progress with Hubbed in the coming days and weeks.

For any further information, NANA Members are welcome to contact the NANA office on (02) 9744 0400 or by e-mail at nana@nana.com.au.

Regulars here would know these topics are among the questions I raised here.

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