PRODUCT DELIVERY AGREEMENT
THIS PRODUCT DELIVERY AGREEMENT is made and entered into this ____ day of
_______________, 20 _____, by and between _____________________, hereinafter referred to
as the COMPANY, and _________________________________________________,
hereinafter referred to as SUPPLIER
WHEREAS, COMPANY is organized for the purposes of [_____________________; and,
WHEREAS, COMPANY, in order to
___________________________________________[insert purpose], must ensure the
availability of _______________________(“Product”) for processing on a yearly basis; and,
WHEREAS, the SUPPLIER is in the business of ______________________and ensures the
COMPANY has sufficient Products for processing.
NOW, THEREFORE, in consideration of the above the parties agree as follows:
Processing Year: means a ____ month period commencing ______ of each year and ending on
______ the following year.
Market Value/Base Price: [Describe how market value and/or base price of COMPANY Product
will be determined.]
2. Sale and Delivery of COMPANY Product.
The SUPPLIER hereby agrees to sell and deliver to the COMPANY, at a facility acceptable to
and designated by the COMPANY, ___________ number of Products during each processing
year of this Agreement in accordance with delivery schedule annexed hereto as “Schedule1”.
The first processing year of this Agreement shall commence on _______________________.
3. Product Quality Standards.
All Products to be sold and delivered by the SUPPLIER to the COMPANY shall adhere to
commercially acceptable standard as graded by a qualified employee and in accordance with
___________________[describe origin of standards for COMPANY Product here]. If the
Products that are delivered to the COMPANY do not meet with the COMPANY's standards of
quality, the COMPANY may:
a. Reject the Product delivered by SUPPLIER. In such an event SUPPLIER shall bear all costs
relating to the rejection and return of said Product to SUPPLIER; or,
b. Accept the Product with appropriate deductions and allowances made and charged against
SUPPLIER because of the inferior grade, quality or condition of the Product at delivery.
4. Risk of Loss.
SUPPLIER agrees that the risk of loss for the Product to be sold and delivered to the
COMPANY shall remain with the SUPPLIER until delivery of the Product is