A product supply agreement establishes the terms on which a seller will supply products to a buyer. The agreement must be clearly written to ensure that products will reach the hands of the consumers quickly and with little complication. A well-drafted agreement will help ensure that all parties’ business requirements are satisfied on a timely and complete basis.
This package contains everything you’ll need to customize and complete your product supply agreement. Successful business deals begin with good documentation, and the enclosed document ensures that both parties understand their rights and obligations. With careful drafting, your product supply agreement will lay the foundation for a profitable (and long-lasting) relationship between supplier and buyer.
PRODUCT SUPPLY AGREEMENT This Product Supply Agreement (the “Agreement”) is entered into as of ______________, 20 _____ (the “Effective Date”) by and between ______________, a ____________ [corporation] [limited liability company] [etc.], with its principal offices at _______________ [enter address] (the “Supplier”) and _____________, a ____________ [corporation] [limited liability company] [etc.], with its principal offices at _______________ [enter address] (the “Buyer”). The Supplier and the Buyer may be referred to individually as a “Party” or collectively as the “Parties.” RECITALS WHEREAS, the Supplier is engaged in the business of ________________________________________________________________________ __________________________________________________________________; and WHEREAS, the Supplier manufactures and wishes to supply to the Buyer those certain products more particularly set forth in Exhibit A attached hereto and made a part hereof (the “Products”) on the terms and conditions set forth below; and WHEREAS, the Buyer wishes to purchase the Products supplied in accordance with the terms of this Agreement; and WHEREAS, from time to time, the Parties may enter into various agreements pursuant to which the Buyer shall purchase and Supplier shall furnish additional Products; and WHEREAS, the Parties want to establish purchasing procedures and the terms and conditions governing the above-referenced transactions; WHEREAS, each Party is duly authorized and capable of entering into this Agreement. NOW, THEREFORE, in consideration of the above recitals, and the mutual promises and benefits contained herein
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