Supply Agreement
This Supply Agreement (the "Agreement") is made and entered into, effective as of March 27,
2024 (the "Effective Date"), by and between:
Parties:
Supplier:
Legal Entity Name: Acme Manufacturing Inc.
Registered Office Address: 123 Main Street
Contact Person(s): Eva Smith
Buyer:
Legal Entity Name: Acme Retail Corp.
Registered Office Address: 456 Market Avenue
Contact Person(s): Jane Doe
Background
The Buyer desires to purchase certain goods from the Supplier for its business operations, and the
Supplier agrees to supply such goods in accordance with the terms and conditions set forth herein.
Definitions:
a) "Goods" shall mean all products or materials supplied by the Supplier under this Agreement.
b) "Purchase Order" shall refer to an order issued by the Buyer specifying details about quantity,
price, delivery date, etc., for specific Goods.
c) "Delivery Schedule" refers to a schedule agreed upon between both parties outlining when
deliveries are expected.
This Supply Agreement (the "Agreement") is made and entered into, effective as of March 27,
2024 (the "Effective Date"), by and between:
Parties:
Supplier:
Legal Entity Name: Acme Manufacturing Inc.
Registered Office Address: 123 Main Street
Contact Person(s): Eva Smith
Buyer:
Legal Entity Name: Acme Retail Corp.
Registered Office Address: 456 Market Avenue
Contact Person(s): Jane Doe
Background
The Buyer desires to purchase certain goods from the Supplier for its business operations, and the
Supplier agrees to supply such goods in accordance with the terms and conditions set forth herein.
Definitions:
a) "Goods" shall mean all products or materials supplied by the Supplier under this Agreement.
b) "Purchase Order" shall refer to an order issued by the Buyer specifying details about quantity,
price, delivery date, etc., for specific Goods.
c) "Delivery Schedule" refers to a schedule agreed upon between both parties outlining when
deliveries are expected.
Term:
This Agreement shall commence on the Effective Date mentioned above and continue until
terminated as per Clause 9 below ("Term").
Purchase Orders:
a) The Buyer will issue Purchase Orders electronically or in writing detailing their requirements
regarding Goods.
b) Each Purchase Order must be accepted within five (5) working days after receipt thereof unless
otherwise specified.
Delivery Terms & Conditions:
1. Incoterm FCA Amsterdam.
2. Delivery Schedule:
a) The supplier shall deliver the goods as per the agreed-upon delivery schedule mentioned in the
supply agreement.
b) Any changes to the delivery schedule must be communicated by either party in writing, with
reasonable notice.
3. Packaging and Labeling:
a) The supplier is responsible for ensuring that all goods are properly packaged to prevent damage
during transit.
b) Each package should be clearly labeled with relevant information such as product name,
quantity, batch number, and any handling instructions.
4. Shipment Method:
Unless otherwise specified in the supply agreement, it is at the discretion of the buyer to choose
an appropriate shipment method.
5. Risk of Loss or Damage:
a) The risk of loss or damage to goods passes from the supplier to buyer upon acceptance of
delivery by buyer's authorized representative.
b) In case of damaged or defective goods received by buyer, prompt notification must be given
within five (5) days after receipt.
This Agreement shall commence on the Effective Date mentioned above and continue until
terminated as per Clause 9 below ("Term").
Purchase Orders:
a) The Buyer will issue Purchase Orders electronically or in writing detailing their requirements
regarding Goods.
b) Each Purchase Order must be accepted within five (5) working days after receipt thereof unless
otherwise specified.
Delivery Terms & Conditions:
1. Incoterm FCA Amsterdam.
2. Delivery Schedule:
a) The supplier shall deliver the goods as per the agreed-upon delivery schedule mentioned in the
supply agreement.
b) Any changes to the delivery schedule must be communicated by either party in writing, with
reasonable notice.
3. Packaging and Labeling:
a) The supplier is responsible for ensuring that all goods are properly packaged to prevent damage
during transit.
b) Each package should be clearly labeled with relevant information such as product name,
quantity, batch number, and any handling instructions.
4. Shipment Method:
Unless otherwise specified in the supply agreement, it is at the discretion of the buyer to choose
an appropriate shipment method.
5. Risk of Loss or Damage:
a) The risk of loss or damage to goods passes from the supplier to buyer upon acceptance of
delivery by buyer's authorized representative.
b) In case of damaged or defective goods received by buyer, prompt notification must be given
within five (5) days after receipt.
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