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Product Supply Agreement
1. Parties: Identification and details of the supplier and buyer
2. Background: Context of the agreement and general commercial intent of the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Supply Obligations: Core obligations of supplier to provide products and buyer to purchase
5. Ordering Process: Procedures for placing and accepting orders, including lead times
6. Delivery Terms: Delivery conditions, Incoterms, packaging requirements, and transfer of risk
7. Price and Payment: Product pricing, payment terms, invoicing, and any price adjustment mechanisms
8. Quality Requirements: Product specifications, quality standards, and compliance requirements
9. Warranties: Warranties regarding product quality, fitness for purpose, and compliance with laws
10. Non-Conforming Products: Procedures for handling defective or non-conforming products
11. Liability and Indemnification: Allocation of risks and responsibilities between parties
12. Term and Termination: Duration of agreement and circumstances for termination
13. Force Majeure: Events excusing performance and related procedures
14. Confidentiality: Protection of confidential information exchanged under the agreement
15. Governing Law and Jurisdiction: Applicable law and dispute resolution procedures
1. Forecast and Minimum Purchase: Include when there are minimum purchase commitments or formal forecasting requirements
2. Exclusivity: Include when either party has exclusive rights or obligations
3. Insurance: Include when specific insurance requirements are needed based on product risk
4. Intellectual Property: Include when IP rights are relevant to the products or relationship
5. Compliance with Laws: Include when products are heavily regulated or require specific compliance measures
6. Data Protection: Include when personal data processing is involved in the supply relationship
7. Export Control: Include for international trade or restricted products
8. Sustainability Requirements: Include when environmental or social responsibility commitments are important
9. Change Control: Include when formal processes for changes to specifications or terms are needed
10. Service Levels: Include when specific performance metrics need to be maintained
1. Product Specifications: Detailed technical specifications of products
2. Pricing Schedule: Detailed pricing information, including any volume discounts
3. Quality Standards: Detailed quality requirements and testing procedures
4. Service Levels: Detailed performance metrics and measurement methods
5. Approved Manufacturing Facilities: List of approved production locations
6. Order Form Template: Standard form for placing orders
7. Compliance Requirements: Detailed regulatory or compliance requirements
8. Contact Details: Key contacts and escalation procedures
9. Shipping and Packaging Requirements: Detailed logistics and packaging specifications
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