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Product Supply Agreement
"I need a Product Supply Agreement under German law for supplying automotive parts to a major car manufacturer, including strict quality control measures and compliance with industry safety standards, with the agreement planned to commence in March 2025."
1. Parties: Identification and details of the supplier and buyer, including full legal names, registration details, and addresses
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including German law-specific terminology
4. Supply Obligations: Core obligations of the supplier, including product specifications, quantities, and delivery terms
5. Ordering Process: Procedures for placing and accepting orders, including lead times and order modifications
6. Delivery and Risk: Delivery terms, Incoterms, transfer of risk, and delivery documentation requirements
7. Price and Payment: Product pricing, payment terms, invoicing procedures, and price adjustment mechanisms
8. Quality Requirements: Product quality standards, testing procedures, and quality assurance obligations
9. Warranties: Product warranties, quality guarantees, and warranty claim procedures
10. Non-Conforming Products: Procedures for handling defective or non-conforming products and remedies
11. Liability and Indemnification: Liability provisions, limitations, and indemnification obligations compliant with German law
12. Term and Termination: Duration of agreement, renewal provisions, and termination rights
13. Force Majeure: Events constituting force majeure and consequences
14. Confidentiality: Protection of confidential information and trade secrets
15. Governing Law and Jurisdiction: Confirmation of German law governance and jurisdiction for disputes
16. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Minimum Purchase Obligations: Used when buyer commits to minimum purchase quantities or values
2. Exclusivity: Include when either party has exclusive rights or obligations
3. Intellectual Property Rights: Required when IP rights are relevant to the products or relationship
4. Compliance with Laws: Detailed compliance obligations for regulated products or industries
5. Insurance: Specific insurance requirements beyond standard coverage
6. Product Development: Include when parties collaborate on product development or modifications
7. Forecast Requirements: Used when buyer must provide regular forecasts
8. Storage and Warehousing: Include for consignment stock or specific storage requirements
9. Change Management: Procedures for handling product or specification changes
10. Exit Management: Include for complex supply relationships requiring detailed termination procedures
1. Product Specifications: Detailed technical specifications and requirements for each product
2. Pricing Schedule: Detailed pricing information, including any volume discounts or special pricing terms
3. Quality Standards: Specific quality requirements, testing procedures, and acceptance criteria
4. Service Levels: Delivery timeframes, performance metrics, and related penalties/bonuses
5. Ordering Procedures: Detailed procedures for order placement, modification, and cancellation
6. Key Contacts: Contact details for key personnel from both parties
7. Packaging Specifications: Detailed packaging and labeling requirements
8. Compliance Certificates: Required certifications, permits, and compliance documentation
9. Form of Purchase Order: Standard form of purchase order to be used
10. Form of Quality Report: Template for quality reporting and documentation
Authors
Manufacturing
Automotive
Electronics
Consumer Goods
Industrial Equipment
Chemical
Pharmaceutical
Food and Beverage
Retail
Technology
Medical Devices
Textiles
Construction Materials
Agriculture
Energy
Legal
Procurement
Supply Chain
Operations
Quality Assurance
Commercial
Sales
Compliance
Finance
Logistics
Risk Management
Business Development
Procurement Manager
Supply Chain Director
Commercial Director
Legal Counsel
Contract Manager
Operations Manager
Quality Assurance Manager
Purchasing Director
Sales Director
Business Development Manager
Supply Chain Analyst
Vendor Manager
Category Manager
Chief Operating Officer
General Counsel
Compliance Officer
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