International Supply Agreement
|
Description
The International Supply Agreement is used to establish long-term agreements (i.e. over a year) between a manufacturer (referred as the Supplier) and its client (the Buyer) for the supply of products in international markets. This Agreement template is not intended for use when the products are supplied to a distributor for resale; in these situations the International Distribution Agreement should be used. In this type of agreement transactions are carried out through regular orders (every week, every month, every two months, etc.) at prearranged prices. The Agreement establishes the minimum and maximum amounts to be supplied, as well as a number of alternatives to adjust the price at the end of each year within the term of the contract. The agreement template may be used for two different kinds of supply: (a) the regular acquisition of products (components, raw materials, etc.) which the Buyer must incorporate into the manufacturing process of its own products; (b) the regular acquisition of products which the Buyer must sell elsewhere under its own brand, and without any considerable modifications, in order to complete its range of products. For some specific clauses (amounts and orders, formula for adjusting prices, payment terms, etc.) the Agreement offers a number of options to choose from, according to who drafts the Agreement (Supplier or Buyer). The language of this contract is English. It is also available in Spanish, French and German. |
Index of the contract
Parties
|
Annexes |