Manufacturing and Assembly Agreement

Document Sample
Manufacturing and Assembly Agreement
Manufacturing and Assembly Agreement

This Manufacturing and Assembly Agreement ("Agreement") is entered into as of the

Day of , by and between

("Company") and ("Manufacturer").



STATEMENT OF BACKGROUND FACTS



A. Company is engaged in the business of developing, manufacturing and marketing

certain products;



B. Manufacturer is in the process of establishing a manufacturing facility in

for the purpose of manufacturing and other products;



C. Company wishes to engage Manufacturer to manufacture certain products for

Company, in accordance with the terms and conditions set forth herein.



NOW, Therefore, the parties agree as follows:



ARTICLE 1. CERTAIN DEFINITIONS



Certain of the terms referred to in this Agreement shall be defined as set forth in this

Article 1.



1.01 Company Products. The term "Company Products" shall mean devices, tests and

related supplies developed by Company for .



1.02 Unit Price List. The term "Unit Price List” shall mean the price for the Company

Products to be charged by Manufacturer to Company for purchases of the Company Products.

The Unit Price List in effect as of the date of this Agreement is attached hereto as Exhibit A.



ARTICLE 2. NATURE OF RELATIONSHIP



2.01 Manufacturing Rights Nonexclusive. The manufacturing rights set forth herein

are nonexclusive and nontransferable, and Company reserves the right to manufacture the

Company Products and to contract with others to manufacture the Company Products.



2.02 Exclusive Sales To Company. Except as provided herein, without the prior

written approval of Company, Manufacturer shall not manufacture, market, sell, distribute, or

otherwise dispose of Company Products except on behalf of Company in accordance with the

terms of this Agreement.



2.03 Authority and Capacity. Manufacturer is an independent contractor and is not

authorized to waive any right or to incur, assume or create any debt, obligation, contract, or

release of any kind whatsoever in the name of or on behalf of Company.









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ARTICLE 3. REPRESENTATIONS AND WARRANTIES OF MANUFACTURER



3.01 Representations of Manufacturer. Manufacturer represents and warrants to

Company as follows:



(a) Manufacturer has all the requisite right, legal capacity and authority,

corporate or otherwise, to enter into, deliver, and perform this Agreement, to manufacture

the Company Products and to consummate the transactions contemplated herein. This

Agreement has been duly and validly authorized by all necessary action, corporate or

otherwise, which authorizations remain in full force and effect, and no other proceedings

are required for the authorization, delivery, or performance of this Agreement by

Manufacturer. This Agreement constitutes a legal, valid, and binding obligation of

Manufacturer enforceable in accordance with its terms.



(b) No authorizations, consents, licenses, or approvals of any public body or

authority of California or of any other jurisdiction is necessary for the execution,

delivery, or performance of this Agreement by Manufacturer.



(c) Neither the execution and delivery of this Agreement, nor consummation

by Manufacturer of the transactions contemplated herein, nor compliance with any of the

provisions hereof, will conflict with or result in a breach or violation of, a default under,

any of the terms, conditions, or provisions of any note, license, lease, or other agreement

or other instrument or obligation to which Manufacturer is a party or by which it is

bound;



(d) Manufacturer holds all licenses, franchises, permits and authorizations

necessary for the lawful conduct of its business, and has not violated, and is not in

violation of, any applicable statutes, laws, ordinances, rules and regulations of all federal,

state and local governmental bodies, agencies and subdivisions having, asserting or

claiming jurisdiction over it or over any part of its operations.



(e) There is no fact which materially and adversely affects this Agreement or

the business prospects, conditions, affairs, or operations of Manufacturer or Company, or

any of their respective properties or assets, which has not been fully described in this

Agreement or in any written materials delivered to Company.



ARTICLE 4. TERM AND RENEWAL



4.01 Term. This Agreement shall be effective for the period commencing on the date

hereof and ending on the first anniversary of the date hereof, unless sooner terminated in

accordance with the provisions of Article 10.



4.02 Renewal. After the expiration of the initial period set forth in Section 4.01, this

Agreement shall be automatically renewed for successive additional one-year periods if:









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(a) Manufacturer and Company have mutually agreed upon a Unit Price List

governing the sale of Products during the renewal term and the new Unit Price List shall

have been substituted for Exhibit A hereto, or have determined to continue use of the

Unit Price List for the succeeding year; and



(b) Neither party has notified the other prior to the expiration of the initial

term of such notifying party's intention not to renew this Agreement.



ARTICLE 5. LIMITED MANUFACTURING LICENSE; PROPRIETARY

TECHNOLOGY



5.01 Grant of Limited Manufacturing License. Company hereby grants to

Manufacturer a nonexclusive, nontransferable, limited license to use Company's proprietary

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