The Vendor Supplier Agreement is essential for businesses establishing formal supply relationships in England and Wales. It provides a structured framework for ongoing supply arrangements, protecting both parties' interests while ensuring compliance with UK commercial law. This agreement is particularly valuable when regular or significant supply of goods or services is contemplated, requiring clear terms on quality, delivery, pricing, and risk allocation. It incorporates key protections required under English law and can be customized for specific industry requirements.
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1. Parties: Identification and details of contracting parties including registered addresses and company numbers
2. Background: Context of the agreement, relationship between parties, and purpose of the contract
3. Definitions: Defined terms used throughout the agreement including interpretation rules
4. Supply Obligations: Core obligations of supplier regarding goods/services, delivery terms, and performance standards
5. Quality Standards: Required quality levels, specifications, and compliance with applicable standards
6. Pricing and Payment: Price, payment terms, invoicing requirements, and late payment consequences
7. Term and Termination: Duration of agreement, renewal terms, termination rights, and consequences of termination
8. Warranties and Representations: Standard and specific warranties regarding goods/services and capability to perform
9. Liability and Indemnities: Limitation of liability, indemnification obligations, and risk allocation
10. Confidentiality: Protection of confidential information and trade secrets
11. Force Majeure: Events beyond reasonable control and their consequences
12. Governing Law and Jurisdiction: Application of English and Welsh law and jurisdiction of courts
1. Service Levels: Specific performance metrics and measurement criteria for service delivery
2. Change Control: Process for implementing changes to goods, services, or agreement terms
3. Insurance: Required insurance coverage and minimum limits
4. Environmental Compliance: Environmental obligations and sustainability requirements
5. Data Protection: GDPR compliance and data processing obligations
6. Anti-Corruption: Compliance with Bribery Act and anti-corruption measures
7. Modern Slavery Compliance: Supply chain transparency and modern slavery prevention measures
1. Schedule 1 - Goods/Services Specification: Detailed description of goods/services to be supplied including technical specifications
2. Schedule 2 - Pricing Schedule: Detailed pricing structure, rates, and payment milestones
3. Schedule 3 - Service Levels: Detailed performance metrics, measurement methods, and service credits
4. Schedule 4 - Form of Purchase Order: Template for ordering goods/services under the agreement
5. Schedule 5 - Data Processing Agreement: GDPR-compliant data processing terms and requirements
6. Schedule 6 - Key Personnel: List of key supplier personnel and their roles
7. Schedule 7 - Exit Management: Procedures and obligations for contract termination and transition
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