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The Master Supplier Agreement serves as a foundational document for businesses engaging in regular supply relationships in India. It is particularly useful when parties anticipate multiple transactions over time and want to avoid negotiating terms for each individual order. This agreement type is designed to comply with Indian contract law, including the Indian Contract Act, 1872, and related commercial legislation. The Master Supplier Agreement typically includes comprehensive terms covering commercial, operational, and legal aspects of the supply relationship, with flexibility to accommodate specific requirements through schedules and purchase orders. It is commonly used in various industries where businesses require a structured framework for recurring supply arrangements, incorporating provisions for quality control, risk management, and dispute resolution in accordance with Indian legal requirements.

1. Parties: Identification and details of the supplier and customer entities, including registered addresses and company registration numbers

2. Background: Context of the agreement, relationship between parties, and purpose of the master agreement

3. Definitions: Comprehensive list of defined terms used throughout the agreement

4. Scope of Agreement: Overview of the supply arrangement, including process for placing orders and acceptance

5. Supply Obligations: Detailed supplier responsibilities, quality standards, and delivery requirements

6. Customer Obligations: Customer's responsibilities, including cooperation, access, and information provision

7. Ordering Process: Procedures for purchase orders, forecasting, and order amendments

8. Pricing and Payment: Price determination, payment terms, invoicing process, and price adjustment mechanisms

9. Quality and Compliance: Quality standards, inspection rights, compliance with laws and regulations

10. Delivery and Risk: Delivery terms, transfer of risk, acceptance procedures, and rejection rights

11. Warranties: Supplier warranties regarding goods/services, compliance, and general warranties

12. Intellectual Property: IP ownership, licenses, and protection of pre-existing IP

13. Confidentiality: Protection and handling of confidential information

14. Liability and Indemnification: Limitation of liability, indemnification obligations, and insurance requirements

15. Term and Termination: Duration, renewal, termination rights, and consequences of termination

16. Force Majeure: Events excusing performance and related procedures

17. Dispute Resolution: Process for resolving disputes, including escalation, mediation, and arbitration

18. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law