Supplier Contract
SUPPLIER CONTRACT
THIS SUPPLIER CONTRACT ("Contract ") is entered into as of [Effective Date], by and between [Your Company Name], a corporation with its principal place of business located at [Your Company Address] ("Buyer"), and [Supplier's Company Name], a corporation with its principal place of business located at [Supplier's Company Address] ("Supplier").
1. SCOPE OF AGREEMENT
Buyer agrees to purchase, and Supplier agrees to supply and deliver the products/services more specifically described in the attached Exhibit A ("Products"), and this Agreement governs the purchase, supply, and delivery of the Products.
2. TERM AND TERMINATION
This Agreement commences on [Start Date] and shall continue until [End Date] unless earlier terminated as provided herein. Either party may terminate this Agreement for any or no reason upon [Notice Period] days' written notice.
3. DELIVERY AND ACCEPTANCE
Supplier agrees to deliver the Products to Buyer on the specified delivery date(s) outlined in Exhibit A under the delivery terms stated therein.
4. PRICING AND PAYMENT
Prices for the Products shall be outlined in Exhibit B and shall be fixed for the duration of the Agreement. Payment shall be due by Buyer [Payment Days Due] days after receipt and acceptance of the Products.
5. QUALITY STANDARDS
Supplier warrants and guarantees that all supplied Products meet the quality requirements, specifications, and standards outlined in Exhibit A.
6. INDEMNIFICATION
Each party will indemnify and hold harmless the other from and against any claim arising from or relating to the breach of this Agreement.
7. GOVERNING LAW AND DISPUTE RESOLUTION
This Agreement will be governed by the laws of [Jurisdiction]. Any dispute arising out of or relating to this Agreement shall be settled by arbitration in [Location of Arbitration].
IN WITNESS WHEREOF, this Agreement has been executed and delivered by the duly authorized representatives of the parties as of the date first above written.
[Your Company Name]
[Your Name]
Date: [Date]
[Supplier's Company Name]
[Supplier's Name]
Date: [Date]
