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International Supply Contract

International Supply Contract
Pages: 9 + 4 (User Guide)
Word Format
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Language: English
45,00 €

This contract is used for establishing long-term agreements (i.e. one year or more) between a manufacturer (referred to here as the Supplier) and its client (the Buyer) for the supply of products at predetermined prices. Transactions are carried out through regular orders (every month, or every three months, etc.). In the contract, the minimum and maximum amounts to be supplied are established, as well as a number of alternatives for the adjustment of the price at the end of each year within the term of the contract.

The contract is valid for two different kinds of supply: (a) the regular acquisition of products (raw materials, components, etc.) which the Buyer is to incorporate in the manufacturing process of its own products; (b) the regular acquisition of products which the Buyer is to sell on elsewhere under its own brand, and without any significant modifications, in order to complete its range of products.

In the most important aspects of the contract (amounts and orders, formula for adjusting prices, payment terms, etc.), a number of alternatives have been suggested in order that the most appropriate version may be chosen for the purposes of whoever writes up the contract (i.e. the Supplier or the Buyer).

The language of this contract is English. It is available also in French, Spanish and German and in a bilingual version English-Chinese.

This model of International Supply Contract is used for international supplies, when the Supplier and the Purchaser are based in different countries. If Supplier and Distributor are based in the same country the Supply Contract should be used. If the Supplier is based in China is advisable to use the Supply Contract China (English-Chinese).

Index of the Contract

1. Agreement to supply
2. Duration
3. Quality
4. Quantities and ordering procedures
5. Deliveries risk & ownership
6. Prices
7. Payment terms
8. Intellectual Property
9. Claims
10. Termination
11. Force Majeure
12. Resolution of disagreement
13. Aplicable law and competent jurisdiction
14. Language