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Exclusive Supplier Agreement
"I need an Exclusive Supplier Agreement for my technology manufacturing company based in Singapore, where we will be the sole supplier of custom semiconductor components to a major electronics manufacturer, with the agreement starting from March 2025 and including minimum purchase commitments."
1. Parties: Identification and details of the supplier and buyer
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Supply Obligations: Core obligations of supplier including exclusivity terms and compliance with Singapore Competition Act
5. Purchase Obligations: Minimum purchase commitments and ordering process
6. Pricing and Payment: Price setting mechanism, payment terms and conditions
7. Quality and Standards: Product specifications and quality requirements under Singapore standards
8. Term and Termination: Duration of agreement and termination provisions
9. Governing Law: Singapore law provisions and jurisdiction
1. Performance Metrics: KPIs and service levels for measuring supplier performance
2. Insurance: Insurance requirements and liability coverage provisions
3. Intellectual Property: IP ownership and licensing arrangements under Singapore IP laws
4. Data Protection: Compliance provisions with Singapore Personal Data Protection Act 2012
1. Product Specifications Schedule: Detailed technical specifications of products and compliance requirements
2. Pricing Schedule: Detailed pricing structure, mechanisms and review processes
3. Service Levels Schedule: Detailed performance metrics and measurement methods
4. Territory Schedule: Definition of geographical coverage and exclusivity zones
5. Key Contacts Appendix: List of key personnel and communication protocols for both parties
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