Agreement between Purchaser and Supplier

This package contains everything you need to customize and complete your product delivery contract. Successful business transactions start with good documentation, and the attached document ensures that both parties understand their rights and obligations. With careful elaboration, your product supply contract lays the foundation for a profitable (and sustainable) relationship between supplier and buyer. There are different types of dealer contracts, although most contain similar provisions. Which regulation makes the most sense for your specific business situation? A contract for the supply of products defines the conditions under which a seller delivers products to a buyer. The agreement must be clearly formulated to ensure that products reach consumers quickly and easily. A well-designed agreement will help ensure that the operational needs of all parties are met in a timely and comprehensive manner. A supply contract is a document between two parties, a supplier and a buyer. The supplier may be an individual or a business and is the party that “delivers” or sells the goods to the buyer. The buyer may also be an individual or a company and is the party that purchases the goods supplied by the supplier for their use. In these agreements, the supplier and the buyer describe their expectations regarding the sale and acquisition of the goods, as well as the general conduct and limits of the relationship between them. Both parties may retain a signed copy of the supply contract. To do this, two different copies can be signed, or if only one copy is signed, it can be photocopied and then distributed between the parties.

These General Terms and Conditions of Purchase (“General Terms and Conditions”) govern and form an integral part of all agreements concluded by the Buyer for the delivery of goods and/or services by your company (hereinafter referred to as the “Supplier”). Such an agreement or order is hereinafter referred to as the “Contract”. As used herein, the term “Goods” includes both physical and intangible assets, including software, service requests, spare parts and any related software and/or documentation that may accompany the Goods. The reference to “goods” is, where appropriate, considered as a service. In the event that the Supplier is in default of an agreement, the Buyer may inform the Supplier of its intention to manufacture (or have exported) the Goods directly by the manufacturer or subcontractor designated by the Supplier (hereinafter referred to as the “Subcontractor”) or by a third party designated by the Buyer as described below if such defect is not corrected within fourteen (14) days or if, within the same period, the Supplier does not do so Precautions are taken to the reasonable satisfaction of the buyer to avoid future breaches. with the same or substantially similar cause. If the Supplier does not remedy this delay within this period of fourteen (14) days, the Buyer has the right to have the goods or services concerned manufactured directly by the subcontractor for the Buyer. At the same time as the Buyer informs the Supplier, the Buyer has the right to contact the Subcontractor and to cooperate with the Subcontractor to ensure that the Subcontractor is willing to ship goods to the Buyer or provide services to the Buyer immediately if the Supplier does not remedy the delay or take precautions to the reasonable satisfaction of the Buyer, to prevent future failures for the same or substantially similar reason during the fourteen (14) period above. Days. In the event that the Supplier does not use a subcontractor for the manufacture of the Goods or the provision of services, or if the Subcontractor is unable or unwilling to manufacture and sell the Goods directly to the Buyer or provide services directly to the Buyer, the Supplier shall immediately provide the Buyer with all materials, Provide specifications and other elements necessary to enable Buyer or a third party designated by Buyer to manufacture, support, distribute, license and sell the Goods or provide the Services (“Materials”).

In addition, Supplier grants Buyer a worldwide, royalty-free, irrevocable, non-exclusive right to use, export, reproduce and prepare derivative works of the Materials for the purpose of producing, manufacturing and supporting the Goods and providing the Services, (ii) distributing and selling such Goods, and (iii) authorizing third parties to: do the above on behalf of the Buyer. The Materials are provided to Buyer`s third-party manufacturer or service provider under a non-disclosure agreement, and such third party or service provider is only permitted to use the Materials to manufacture the Goods or provide the Services to Buyer. Supplier agrees to extend its warranty and indemnification obligations under sections 4 and 10 of these Terms and Conditions to all goods or services manufactured or provided by the Subcontractor or a third party in accordance with the provisions of this Section 14. The supply contract is legally binding if it is printed on an extrajudicial stamp paper or an electronic stamp paper and if it has been signed and dated by the supplier and the buyer. The value of the buffer paper depends on the state in which it is executed. Each state of India has provisions regarding the amount of stamp duty payable on these agreements. Information about the stamp duty to be paid can be found on the websites of the state government. For example, the website of the State of Karnataka provides details on the stamp duty payable on the agreements, as well as the Delhi website.

2.7 All third party products sold by the Seller may bear their own warranties and the Seller will fully disclose all such warranties to the Buyer. The exercise of this guarantee takes place directly between the seller and the third party. The terms and conditions set forth herein apply to the contract between Buyer and Seller to the exclusion of any other conditions that Supplier wishes to impose or incorporate or that are implied by trade, habit, practice or course of trade. For the avoidance of doubt, the pre-printed Supplier Terms and Conditions created, signed or stamped by the Supplier or Customer and for any purpose during the term of this Agreement are not hereby permitted. The following deployment instructions will help you understand the terms of your product supply contract. These Terms and Conditions and the Order (collectively, the “Agreement”) apply in connection with an agreement between CWT set forth in the Order (“Buyer”) and seller (as defined below) with respect to an Order or Work Schedule and apply in addition to the terms of the Order (as defined below). Except for the terms of the Order which are applicable, the terms of this Agreement between buyer and Seller shall be binding and shall supersede all of Seller`s Terms and Conditions or prior agreements for the Goods (as defined below) within the scope of application. Any modification or addition to this Agreement will only become binding if agreed in writing in the Order between the parties governing each transaction covered by this Agreement. Except as expressly provided in this Agreement or required by applicable law, Buyer expressly disclaims any attempt by Seller to incorporate any other terms, whether by Seller or industry practice, and if such attempt is made in connection with the offer, correspondence, website, acceptance of the order, counterparty`s compliance claims, invoicing or other means….