SUPPLIER QUALITY AGREEMENT

This Supplier Quality Agreement (henceforth "Agreement") made this day of [Date], is entered into by and between [Your Company Name], (hereinafter referred to as "the Company") located at [Your Company Address] and [Supplier’s Name] (hereinafter referred to as "the Supplier") located at [Supplier's Address].

I. PURPOSE

This agreement has been drafted and put into place with the primary intention of creating a structured framework. The main purpose of this framework is to consistently maintain, as well as ensure, the quality of any and all products or services that are being provided by the Supplier. This Agreement specifically delineates the necessary standards, methods, as well as responsibilities that are inherently associated with the process of quality assurance.

The ultimate objective is to steadfastly ensure that any goods that the Supplier delivers are in strict compliance with the specifications outlined by the Company. At the same time, this Agreement also aims to make sure that these goods manage to meet, if not exceed, the Company's expectations in terms of quality and overall performance.

II. QUALITY STANDARDS AND COMPLIANCE

The Supplier agrees to continually meet and exceed the quality standards set forth by the Company. The Supplier guarantees that all goods or services provided shall be in compliance with all local, state, national, and international regulatory requirements.

The Supplier shall maintain quality control and quality assurance processes, as well as an appropriate system for recalling products that fail to meet the agreed-upon standards, all at its expense.

III. RESPONSIBILITIES

The Supplier shall be responsible for maintaining high quality in all aspects related to the goods or services. This includes sourcing and selection of components, production processes, packaging, storage, and delivery.

The Company's Quality Assurance/Quality Control Team shall coordinate with the Supplier to monitor compliance with the quality standards set forth. This team shall also be responsible for conducting inspections and addressing any quality-related issues that may arise.

IV. LEGAL COMPLIANCE

In compliance with legal principles and statutes, both parties shall have legal counsel available to review the terms of this Agreement to ensure that it is legally binding and serves to protect each party's interests.

V. CONFIDENTIALITY

Both the Company and the Supplier agree to maintain strict confidentiality regarding any proprietary information exchanged during the course of their business relationship. This includes but is not limited to product specifications, manufacturing processes, quality control procedures, and any other sensitive information. Neither party shall disclose such information to third parties without the express written consent of the other party, except as required by law.

VI. AUDITS

The Company reserves the right to conduct periodic audits of the Supplier's facilities, processes, and records to ensure compliance with the terms of this Agreement and applicable quality standards. The Supplier shall cooperate fully with such audits, providing access to relevant facilities, documentation, and personnel as requested by the Company.

VII. NON-COMPLIANCE AND REMEDIES

In the event of any non-compliance with the quality standards outlined in this Agreement, the Company reserves the right to implement appropriate remedies, including but not limited to:

• Issuing non-conformance reports detailing the nature of the non-compliance and required corrective actions.

• Implementing temporary or permanent corrective measures at the Supplier's expense.

• Withholding payments for non-compliant products or services until satisfactory resolution is achieved.

• Terminating the Agreement in accordance with the termination clause outlined herein.

Any costs incurred by the Company as a result of the Supplier's non-compliance shall be the responsibility of the Supplier.

VIII. TERMINATION

This Agreement shall remain in effect until [End Date], unless it is amended by both parties in writing or terminated earlier by either party for any reason, including but not limited to, a breach of the Agreement, by providing [Number of Days] written notice.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date:

Name: [Your Name]

Company: [Your Company Name]
Date: [Date Signed]

Name: [Supplier’s Name]
Date: [Date Signed]

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