Food Truck Vendor Agreement
Food Truck Vendor Agreement
This Food Truck Vendor Agreement ("Agreement") is made and entered into as of the 1st day of January 2050, by and between [Your Company Name] ("Company") and [Vendor Name] ("Vendor"). The parties hereby agree as follows:
1. Purpose
The purpose of this Agreement is to outline the terms and conditions under which the Vendor will operate a food truck at events organized by the Company. These events may include festivals, fairs, private parties, corporate events, and other similar gatherings where food and beverages are offered for sale to attendees.
2. Term
This Agreement shall commence on the 1st day of January 2050 and shall continue in effect until terminated by either party in accordance with the provisions set forth herein. The Agreement may be renewed or extended by mutual written consent of both parties.
3. Vendor Obligations
3.1 Compliance
The Vendor agrees to comply with all local, state, and federal laws and regulations applicable to the operation of the food truck, including but not limited to health and safety regulations, food handling guidelines, and labor laws. The Vendor shall ensure that all employees and agents adhere to these requirements.
3.2 Licensing
The Vendor shall obtain and maintain all necessary permits, licenses, and insurance as required by law for the operation of the food truck. This includes but is not limited to food service permits, business licenses, and liability insurance with coverage of at least [$1,000,000].
3.3 Service Delivery
The Vendor agrees to provide food and beverage services at designated events as outlined in Schedule A of this Agreement. The Vendor shall maintain a clean and sanitary food truck and shall ensure that all food is prepared and served in accordance with health and safety standards.
4. Company Obligations
4.1 Event Coordination
The Company will coordinate events at which the Vendor will operate and provide reasonable notice to the Vendor of event dates and locations. The Company agrees to provide logistical support, including information on event attendance expectations and setup times.
4.2 Promotion
The Company agrees to promote the Vendor’s services during the events and in any promotional materials, including social media posts, flyers, and email newsletters. The Company will feature the Vendor in pre-event advertising to maximize exposure.
5. Compensation
The Vendor shall pay the Company a fee based on the following structure:
|
Description |
Amount ($) |
|---|---|
|
Event Participation Fee |
[$500] per event |
|
Percentage of Sales |
[10%] of gross sales for the event |
5.1 Payment Structure
The Event Participation Fee shall cover logistical support provided by the Company, including marketing, space rental, and event coordination. The percentage of sales will be calculated based on the gross sales made by the Vendor during the event.
6. Payment Terms
6.1 Payment Schedule
Payments are due to the Company as follows:
-
Event Participation Fee: Due [10] days prior to the event date.
-
Percentage of Sales: Due within [7] days following the conclusion of each event. An itemized sales report must accompany the payment.
6.2 Late Payments
Any payment not received by the due date will incur a late fee of [$50] per day until paid in full. The Company reserves the right to suspend the Vendor's participation in future events until all outstanding payments are received.
7. Indemnification
The Vendor agrees to indemnify and hold harmless the Company from any and all claims, damages, liabilities, and expenses arising from the Vendor’s operation of the food truck. This includes any claims related to foodborne illnesses, personal injuries, or property damage caused by the Vendor's operations.
8. Termination
8.1 Termination for Cause
Either party may terminate this Agreement for cause if the other party fails to perform any material obligation under this Agreement, and such failure is not cured within [15] days after written notice is provided.
8.2 Termination Without Cause
Either party may terminate this Agreement without cause by providing [30] days written notice to the other party. In such a case, the Vendor shall be entitled to any fees paid for events not yet held, minus any costs incurred by the Company for event preparation.
9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State Name]. In the event of a dispute, both parties agree to seek resolution through mediation before pursuing any legal action.
10. Miscellaneous
10.1 Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements or understandings, whether written or oral. Any modifications to this Agreement must be made in writing and signed by both parties.
10.2 Amendments
No amendment to this Agreement shall be effective unless in writing and signed by both parties. This ensures that all changes are documented and agreed upon.
10.3 Notices
All notices required under this Agreement shall be in writing and sent to the addresses set forth below:
-
Company Address: [Your Company Address]
-
Vendor Address: [Vendor Address]
10.4 Assignment
Neither party may assign this Agreement without the prior written consent of the other party. This ensures that both parties maintain control over who is bound by the terms of the Agreement.
11. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Food Truck Vendor Agreement as of the day and year first above written.
[Your Company Name]
[Your Name]
Title:
Date:
[Vendor Name]
[Vendor Representative Name]
Title:
Date:
