Free Product Supply Agreement

1. Purpose
This Agreement is made and entered into by and between [Your Company Name], herein referred to as "Supplier," and Javier Jacobs, herein referred to as "Recipient," collectively referred to as "Parties," to establish the terms and conditions under which Supplier will supply certain products to Recipient.
2. Definitions
2.1 Products
The term "Products" refers to the goods or materials described in Schedule A attached hereto, which shall be supplied by Supplier to Recipient in accordance with the terms of this Agreement.
2.2 Order
An "Order" refers to a written request or purchase order issued by Recipient to Supplier for the supply of Products.
3. Supply of Products
3.1 Orders
Recipient shall issue Orders to Supplier specifying the type and quantity of Products required. Supplier agrees to supply the Products as per the specifications and within the timelines set forth in each Order.
3.2 Delivery
Supplier shall deliver the Products to the address specified in the Order. The risk of loss or damage to the Products shall pass to Recipient upon delivery.
4. Pricing and Payment Terms
4.1 Prices
The prices for the Products are set forth in Schedule B attached hereto. Prices are subject to change upon mutual agreement of the Parties.
4.2 Payment Terms
Recipient shall make payments to Supplier within [Number of Days] days from the date of receipt of the invoice. Payment shall be made via [Payment Method].
5. Warranties and Limitations of Liability
Supplier warrants that the Products supplied under this Agreement shall be of merchantable quality and conform to the specifications. Except as provided herein, Supplier makes no other warranties, express or implied.
6. Confidentiality
Each Party agrees to treat as confidential all information acquired from the other Party, not to disclose it to any third party, and not to use it for any purpose other than that contemplated by this Agreement.
7. Term and Termination
This Agreement shall commence on the Effective Date and continue in force until terminated by either Party upon [Number of Days] days' written notice for any reason or immediately for cause.
8. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State or Jurisdiction].
9. Signature
In witness whereof, the Parties hereto have executed this Product Supply Agreement as of the date first above written.
[Your Name]
[Your Company Name]
[Date]
Javier Jacobs
[Date]
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Ensure seamless transactions with Template.net’s Product Supply Agreement Template. This customizable and editable document clearly defines terms and conditions for product supply arrangements. Editable in our AI Editor Tool, it’s easy to tailor to your business needs. Download this professional template to secure and formalize your supply agreements with clarity and precision.
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