This Material Supply Agreement ("Agreement") is entered into as of the [Effective Date], by and between [Your Company Name], with a principal place of business at [Your Company Address] ("Supplier"), and DexTrium, with a principal place of business at Durham, NC 27701 ("Purchaser").
The purpose of this Agreement is to establish the terms and conditions under which the Supplier agrees to provide and deliver certain materials to the Purchaser, as specified herein, and the Purchaser agrees to purchase such materials from the Supplier.
For the purpose of this Agreement, the following terms shall have the meanings set forth below:
"Materials" shall mean the items outlined in Schedule A attached hereto and as amended from time to time.
"Delivery Date" shall mean the date on which materials are to be delivered to the Purchaser, as specified in each purchase order.
Purchaser shall issue a purchase order for each order of Materials. Each order shall include the type and quantity of Materials being ordered, applicable prices, and the required Delivery Date.
Supplier agrees to deliver the Materials to Purchaser at the address specified in each purchase order, by the specified Delivery Date.
Prices for the Materials are as set forth in Schedule B attached hereto, and as amended from time to time. Purchaser agrees to pay Supplier the amounts due for each purchase order within thirty (30) days of receipt of an invoice.
Supplier warrants that all Materials supplied under this Agreement shall conform to the specifications provided by Purchaser and shall be free from defects in material and workmanship.
Both parties shall be responsible for their own acts and omissions and the acts and omissions of their respective employees, agents, and contractors during the performance of this Agreement.
This Agreement shall commence on the Effective Date and shall continue until terminated by either party giving thirty (30) days written notice to the other party.
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
This Agreement, including all schedules and attachments hereto, constitutes the entire agreement between the parties and supersedes all prior agreements and understandings.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
[Your Name]
[Your Company Name]
[Date]
Lance Nader
DexTrium
[Date]
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