Agriculture Supplier Agreement
Agriculture Supplier Agreement
This Agriculture Supplier Agreement (“Agreement”) is made effective as of October 1, 2050, between [Your Company Name], located at [Your Company Address] (“Supplier”), and [Buyer Name], located at [Buyer Address] (“Buyer”). This Agreement outlines the terms and conditions under which the Supplier will supply various agricultural products to the Buyer, establishing a clear framework for the responsibilities and expectations of both parties over the duration of the contract.
1. Product Specifications
1.1 Description of Products
The Supplier agrees to provide the following agricultural products, which have been selected based on the Buyer's operational needs and market demand:
|
Product Name |
Description |
Quantity (per order) |
Unit Price ($) |
|---|---|---|---|
|
Corn |
Organic yellow corn, suitable for food and feed production, ensuring non-GMO certification |
[10,000] lbs |
[0.75] |
|
Wheat |
Whole grain wheat for milling and baking purposes, meeting high-quality standards for food use |
[8,000] lbs |
[0.65] |
|
Soybeans |
Non-GMO soybeans, ideal for oil extraction and animal feed, ensuring sustainable farming practices |
[5,000] lbs |
[0.85] |
|
Rice |
Long-grain rice, processed and packaged for retail, adhering to premium quality control measures |
[7,500] lbs |
[1.10] |
1.2 Quality Standards
All products supplied under this Agreement must meet the following quality standards to ensure customer satisfaction and compliance with applicable regulations:
-
Pest and Disease-Free: All agricultural products must be inspected and certified to be free from any pests and diseases prior to delivery to guarantee safe consumption and usability.
-
Organic Certification: Products labeled as organic must conform to the standards set forth by the relevant certification authorities, ensuring they are produced without synthetic fertilizers or pesticides.
-
Industry Standards Compliance: All supplied products must meet or exceed the quality benchmarks established within the industry, including freshness, taste, and nutritional value.
2. Delivery Terms
2.1 Delivery Schedule
The Supplier agrees to deliver products according to the following detailed schedule, which has been developed to meet the Buyer’s operational needs effectively:
|
Delivery Date |
Product |
Quantity |
Delivery Location |
|---|---|---|---|
|
January 15, 2051 |
Corn |
[10,000] lbs |
456 Market St, Chicago, IL 60601 |
|
February 20, 2051 |
Wheat |
[8,000] lbs |
456 Market St, Chicago, IL 60601 |
|
March 25, 2051 |
Soybeans |
[5,000] lbs |
456 Market St, Chicago, IL 60601 |
|
April 30, 2051 |
Rice |
[7,500] lbs |
456 Market St, Chicago, IL 60601 |
2.2 Shipping and Handling
-
Shipping Costs: All shipping costs associated with the delivery of products will be the responsibility of the Buyer. The Buyer will ensure that all shipping fees are paid promptly to avoid any delays in delivery.
-
Timeliness of Delivery: The Supplier commits to ensuring that products are delivered within a maximum of [14] days from the date of receiving a purchase order. Delays must be communicated in writing to the Buyer as soon as they are known.
3. Payment Terms
3.1 Pricing
The Buyer agrees to pay the Supplier according to the prices listed in Section 1.1. Prices will be reviewed annually, taking into account market conditions and inflation rates, to ensure they remain competitive and fair for both parties.
3.2 Payment Schedule
Payments will be structured as follows to facilitate a smooth transaction process:
-
Initial Payment: [30%] of the total order amount is due upon order confirmation. For example, for an order of [10,000] lbs of corn at [$0.75] per lb, the initial payment would be [$2,250].
-
Final Payment: The remaining [70%] balance is due upon delivery of the products. The Buyer is expected to make this payment within [15] days of receiving the shipment.
4. Term and Termination
4.1 Duration
This Agreement will commence on October 1, 2050, and will remain in effect for a period of five years, ending on September 30, 2055.
4.2 Termination
Either party may terminate this Agreement with [30] days' written notice if the other party fails to comply with the terms of this Agreement, including failure to make timely payments or failure to deliver products as agreed.
5. Liability and Indemnification
5.1 Liability
The Supplier shall not be liable for any indirect, incidental, or consequential damages arising from the use or inability to use the products supplied. The Supplier’s total liability shall not exceed the total amount paid by the Buyer for the products.
5.2 Indemnification
The Buyer agrees to indemnify and hold harmless the Supplier from any claims, losses, or damages arising from the Buyer’s use of the supplied products. This includes any legal fees incurred by the Supplier in defending against such claims.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of Illinois.
7. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Agriculture Supplier Agreement as of the date first above written.
[Your Company Name]
Authorized Signature
[Buyer Name]
Authorized Signature
