The Master Supply Agreement serves as the primary contractual framework for establishing and managing ongoing supply relationships between businesses operating under Belgian law. This document is essential when parties intend to enter into a long-term supply arrangement that requires a comprehensive framework rather than individual purchase contracts. It addresses key aspects of the supply relationship including commercial terms, operational procedures, quality standards, and risk allocation, while ensuring compliance with Belgian commercial law and relevant EU regulations. The agreement is particularly useful for businesses seeking to standardize their supply chain relationships and establish clear governance frameworks for regular transactions, incorporating specific requirements of Belgian contract law and EU commercial regulations.
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1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement and business relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Supply: Detailed description of products/services to be supplied
5. Ordering Process: Procedures for placing and accepting orders
6. Delivery Terms: Delivery conditions, timelines, and Incoterms
7. Price and Payment: Pricing structure, payment terms, and invoicing requirements
8. Quality Requirements: Quality standards, specifications, and quality control procedures
9. Warranties: Product/service warranties and quality guarantees
10. Liability and Indemnification: Allocation of risks and responsibilities between parties
11. Term and Termination: Duration of agreement and termination provisions
12. Confidentiality: Protection of confidential information
13. Force Majeure: Provisions for unforeseen circumstances and their handling
14. Governing Law and Jurisdiction: Applicable law and dispute resolution mechanisms
15. General Provisions: Standard legal provisions including notices, amendments, and assignment
1. Intellectual Property Rights: Include when IP rights are relevant to the supply relationship
2. Data Protection: Required when personal data processing is involved
3. Insurance: Include when specific insurance requirements need to be imposed
4. Compliance with Laws: Include for regulated industries or when specific regulatory compliance is crucial
5. Environmental Requirements: Include for environmentally sensitive products or industries
6. Audit Rights: Include when supplier audits may be necessary
7. Business Continuity: Include for critical supply relationships
8. Exit Management: Include for complex supply relationships requiring detailed termination procedures
9. Anti-Corruption: Include for international supply relationships or high-risk markets
10. Sustainable Procurement: Include when sustainability is a key requirement
1. Product Specifications: Detailed technical specifications of products
2. Pricing Schedule: Detailed pricing information and any volume-based discounts
3. Service Levels: Performance metrics and service level requirements
4. Key Performance Indicators: Specific performance metrics and measurement criteria
5. Quality Standards: Detailed quality requirements and testing procedures
6. Approved Locations: List of approved manufacturing or service delivery locations
7. Contact Details: Key contacts and escalation procedures
8. Form of Purchase Order: Standard form for placing orders
9. Compliance Requirements: Detailed regulatory or industry-specific compliance requirements
10. Business Continuity Plan: Detailed procedures for ensuring business continuity
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Technology
Automotive
Pharmaceuticals
Food and Beverage
Electronics
Chemical
Consumer Goods
Industrial Equipment
Telecommunications
Energy
Construction Materials
Medical Devices
Aerospace
Relevant Teams
Legal
Procurement
Supply Chain
Operations
Finance
Quality Assurance
Risk Management
Compliance
Commercial
Vendor Management
Business Development
Contract Administration
Relevant Roles
Procurement Manager
Supply Chain Director
Legal Counsel
Commercial Director
Operations Manager
Quality Assurance Manager
Contract Manager
Chief Financial Officer
Sourcing Manager
Vendor Manager
Supply Chain Analyst
Purchasing Director
Business Development Manager
Risk Manager
Compliance Officer
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