Supply Agreements Explained (with 5 examples)

 

A supply agreement is a document used in a purchase between a vendor/supplier and a buyer. Supply agreements usually contain the terms and conditions regarding the purchase and outline each party’s obligations in the transaction as well as the effective dates of the life of the transaction. The agreement may include terms such as a party’s rights to termination of the agreement, what actions constitute breach of contract and the repercussions if either party breaches the agreement.

Complex agreements for consumer products may include indemnification for loss, legal actions, damage and liabilities, in addition to conflict of interest statements. A supply agreement may contain an estimated timetable of delivery of the supplier’s products, a confidentiality clause, site of delivery, and any information regarding the price of goods.

If a supplier is offering a discounted rate for purchase to the buyer, the supply agreement typically includes information on the reduced rates. Payment sections of an agreement may include conditions of payment, interest and penalties if payment is late, due dates and other related information.

 

Here are 5 Supply Agreements available on RealDealDocs:

1) Supply Agreement-SUPPLY CONTRACT

WITS BASIN PRECIOUS MINERALS INC

CHINA GLOBAL MINING RESOURCES LIMITED

2) SUPPLY AGREEMENT

Adams Laboratories, Inc

ADAMS LABORATORY, INC

Cardinal Health PTS, LLC

Pharmaceutical Technologies & Services

3) SUPPLY AGREEMENT

PPG Industries, Inc PPG Industries, Inc

Universal Display Corporation

4) SUPPLY AGREEMENT

Conergy AG

Cypress Semiconductor Corp

SunPower Corporation

5) SUPPLY AGREEMENT

MARTEK BIOSCIENCES CORP

Mead Johnson & Company

 

 

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