Agriculture Supply Contract

This Agriculture Supply Contract ("Contract") is made and entered into on this [Date] by and between [Your Company Name], having its principal place of business at [Your Company Address] ("Supplier"), and [Buyer Name], having its principal place of business at [Buyer Address] ("Buyer"). This Contract sets forth the terms and conditions under which Supplier agrees to sell and deliver, and Buyer agrees to purchase and receive, the agricultural products specified herein.

I. Contract Duration

A. Start Date: The term of this Contract shall commence on [Start Date] ("Start Date"), upon which Supplier shall begin supplying the agricultural products to Buyer in accordance with the terms set forth herein.

B. End Date: This Contract shall continue in effect until [End Date] ("End Date"), unless terminated earlier in accordance with the provisions of this Contract.

C. Renewal Terms: This Contract may be renewed for successive one-year terms upon mutual written agreement of the parties. Either party must provide written notice of its intention to renew or not renew at least sixty (60) days prior to the End Date.

II. Supply Obligations

A. Description of Products: Supplier agrees to supply and deliver to Buyer the following agricultural products: wheat, corn, rice, soybeans, and barley ("Products"). The Products shall conform to the specifications and descriptions set forth in Exhibit A attached hereto and incorporated by reference.

B. Quantity Specifications: Supplier shall supply Buyer with the following quantities of the Products. The quantities specified herein shall be delivered in accordance with the delivery schedule set forth in Section IV(A).

1. Wheat - 1,000 metric tons

2. Corn - 500 metric tons

3. Rice - 800 metric tons

4. Soybeans - 300 metric tons

5. Barley - 400 metric tons

C. Quality Standards: All Products supplied under this Contract shall meet the quality standards specified in Exhibit B attached hereto and incorporated by reference. Supplier guarantees that the Products shall be free from defects, fit for human consumption, and in compliance with all applicable laws and regulations.

III. Pricing and Payment Terms

A. Unit Price: The unit price for each Product supplied under this Contract shall be as follows. These prices are fixed for the duration of the Contract and are inclusive of all taxes, fees, and charges.

1. Wheat - $300 per metric ton

2. Corn - $250 per metric ton

3. Rice - $400 per metric ton

4. Soybeans - $350 per metric ton

5. Barley - $280 per metric ton

B. Total Price: The total price payable by Buyer to Supplier for the Products supplied under this Contract shall be determined based on the quantities specified in Section II(B) and the unit prices specified in Section III(A).

C. Payment Schedule: Buyer shall pay Supplier in accordance with the following payment schedule. Payments shall be made within thirty (30) days from the date of receipt of Supplier's invoice.

1. Initial Payment: Upon delivery of each shipment, Buyer shall pay 20% of the total invoice amount.
   

2. Progress Payments: Buyer shall pay 30% of the total invoice amount upon completion of each subsequent delivery.
   

3. Final Payment: The remaining 50% of the total invoice amount shall be paid upon completion of the entire order.

D. Payment Methods: All payments due under this Contract shall be made by wire transfer to the following bank account. Alternatively, payments may be made by check or other mutually agreed-upon methods.

• Bank Name:                               

• Account Number:                               

IV. Delivery Terms

A. Delivery Schedule: Supplier shall deliver the Products to Buyer in accordance with the following delivery schedule. Any changes to the delivery schedule must be mutually agreed upon in writing by both parties.

1. The first delivery shall be made on or before [Date].

2. Subsequent deliveries shall occur monthly, with each delivery scheduled for the [Day] of each month.

B. Delivery Locations: The Products shall be delivered to the following locations. Buyer reserves the right to designate additional delivery locations upon providing written notice to Supplier at least thirty (30) days in advance.

• Main Warehouse Facility at [Address]

• Distribution Center at [Address]

• Retail Store at [Address]

C. Transportation Responsibilities: Supplier shall be responsible for all transportation and related costs associated with delivering the Products to the delivery locations specified in Section IV(B). Supplier shall ensure that all Products are properly packaged and transported in a manner that preserves their quality and integrity.

D. Risk and Title Transfer: Risk of loss and title to the Products shall transfer from Supplier to Buyer upon delivery to the delivery locations specified in Section IV(B). Supplier shall bear all risk of loss or damage to the Products until such delivery has been completed and accepted by Buyer.

V. Inspection and Acceptance

A. Inspection Procedures: Buyer shall have the right to inspect the Products upon delivery to the designated locations. Such inspection shall take place within five (5) business days of delivery. Buyer shall verify that the Products meet the quality standards and quantity specifications outlined in this Contract.

B. Acceptance Criteria: The Products shall be deemed accepted by Buyer if they conform to the quality standards specified in Exhibit B and the quantity specifications in Section II(B). Acceptance shall be communicated to Supplier in writing within five (5) business days of inspection.

C. Rejection of Goods: If the Products fail to meet the acceptance criteria, Buyer shall notify Supplier in writing within five (5) business days of inspection. Supplier shall, at Buyer's option, either replace the non-conforming Products at no additional cost or refund the price of the non-conforming Products.

VI. Warranties and Guarantees

A. Product Warranties: Supplier warrants that all Products supplied under this Contract shall be free from defects in material and workmanship, conform to the quality standards specified in Exhibit B, and be fit for their intended purpose. This warranty shall remain in effect for a period of ninety (90) days from the date of delivery.

B. Performance Guarantees: Supplier guarantees that the Products will perform in accordance with the specifications and requirements outlined in this Contract. If the Products fail to meet these performance standards, Supplier shall take corrective actions, including replacement or repair, at no additional cost to Buyer.

VII. Liability and Indemnification

A. Supplier's Liability: Supplier shall be liable for any and all damages, losses, or expenses incurred by Buyer as a result of Supplier's failure to comply with the terms of this Contract, including but not limited to defective Products or delays in delivery.

B. Buyer's Liability: Buyer shall be liable for any and all damages, losses, or expenses incurred by Supplier as a result of Buyer's failure to comply with the terms of this Contract, including but not limited to failure to make timely payments.

C. Indemnification Clauses: Each party shall indemnify, defend, and hold harmless the other party from and against any and all claims, damages, losses, liabilities, and expenses (including reasonable attorney's fees) arising out of or resulting from any breach of this Contract or any negligent or wrongful acts or omissions of the indemnifying party.

VIII. Force Majeure

A. Definition of Force Majeure: For the purposes of this Contract, "Force Majeure" shall mean any event or circumstance beyond the reasonable control of either party, including but not limited to natural disasters, acts of war, terrorism, labor strikes, or governmental actions.

B. Obligations During Force Majeure Events: In the event of a Force Majeure, the affected party shall be excused from its obligations under this Contract to the extent that performance is prevented or delayed. The affected party shall use all reasonable efforts to mitigate the effects of the Force Majeure event.

C. Notification Requirements: The affected party shall notify the other party in writing as soon as reasonably possible, but no later than ten (10) days after the occurrence of the Force Majeure event. The notice shall describe the nature of the Force Majeure event, its expected duration, and the steps being taken to mitigate its impact.

IX. Confidentiality

A. Confidential Information: For the purposes of this Contract, "Confidential Information" shall mean any non-public, proprietary information disclosed by one party to the other in connection with this Contract, including but not limited to business plans, financial data, and technical specifications.

B. Non-Disclosure Obligations: Each party agrees to keep all Confidential Information received from the other party confidential and shall not disclose such information to any third party without the prior written consent of the disclosing party, except as required by law or as necessary to perform its obligations under this Contract.

X. Termination

A. Grounds for Termination: This Contract may be terminated by either party upon the occurrence of any of the following events: (1) material breach of any term or condition of this Contract by the other party, which breach is not cured within thirty (30) days of written notice; (2) the insolvency or bankruptcy of either party; or (3) mutual written agreement of the parties.

B. Termination Procedures: Upon termination of this Contract, the terminating party shall provide written notice to the other party specifying the effective date of termination. Both parties shall cooperate to ensure an orderly transition of responsibilities.

C. Consequences of Termination: Upon termination of this Contract, all outstanding payment obligations shall become immediately due and payable. Any Products delivered and accepted by Buyer prior to the termination date shall be paid for in accordance with the terms of this Contract. Each party shall return or destroy all Confidential Information of the other party in its possession.

XI. Dispute Resolution

A. Negotiation and Mediation: In the event of any dispute arising out of or relating to this Contract, the parties shall first attempt to resolve the dispute through good faith negotiations. If the dispute cannot be resolved through negotiation, the parties agree to attempt to resolve the dispute through mediation before resorting to arbitration or litigation.

B. Arbitration: If the dispute is not resolved through mediation, the parties agree to submit the dispute to binding arbitration in accordance with the rules of the [Arbitration Organization]. The arbitration shall take place in [Location], and the decision of the arbitrator(s) shall be final and binding on the parties.

C. Governing Law: This Contract shall be governed by and construed in accordance with the laws of the State of [State], without regard to its conflict of laws principles.

XII. Miscellaneous Provisions

A. Amendments: This Contract may only be amended or modified by a written agreement signed by both parties.

B. Assignment: Neither party may assign or transfer its rights or obligations under this Contract without the prior written consent of the other party.

C. Entire Agreement: This Contract constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous agreements, understandings, and representations, whether written or oral.

D. Notices: Any notice required or permitted to be given under this Contract shall be in writing and shall be deemed to have been duly given if delivered personally or sent by registered or certified mail, return receipt requested, to the addresses specified in the Preamble.

E. Severability: If any provision of this Contract is found to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect.

F. Waiver: No waiver of any term or condition of this Contract shall be effective unless made in writing and signed by the party against whom enforcement is sought. No waiver of any breach shall be deemed to be a waiver of any subsequent breach.

Signatures

IN WITNESS WHEREOF, the parties hereto have executed this Agriculture Supply Contract as of the day and year first above written.

Supplier

[Name]

[Title]

[Date]

Buyer

[Name]

[Title]

[Date]

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