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Feedstock Supply Agreement
1. Parties: Identification of the supplier and buyer, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, brief description of parties' businesses, and purpose of the supply arrangement
3. Definitions: Defined terms used throughout the agreement, including technical terms related to feedstock specifications
4. Supply Obligations: Core supply commitments, including quantities, delivery schedules, and any minimum/maximum volume requirements
5. Quality Requirements: Specifications and standards that the feedstock must meet, including testing procedures and acceptance criteria
6. Delivery Terms: Delivery locations, timing, transportation responsibilities, and Incoterms
7. Price and Payment: Pricing structure, payment terms, invoicing requirements, and any price adjustment mechanisms
8. Title and Risk: Point of transfer of ownership and risk in the feedstock
9. Term and Termination: Duration of agreement, renewal provisions, and termination rights
10. Quality Control and Inspection: Rights and procedures for quality inspection, sampling, and testing
11. Warranties: Supplier's warranties regarding feedstock quality, compliance with specifications, and regulatory requirements
12. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification obligations
13. Force Majeure: Events excusing performance and procedures for handling force majeure situations
14. Confidentiality: Protection of confidential information exchanged during the relationship
15. Governing Law and Disputes: Choice of Danish law and dispute resolution procedures
1. Exclusivity: Used when parties agree to exclusive supply arrangements or volume commitments
2. Storage Requirements: Include when specific storage conditions or facilities are required for the feedstock
3. Sustainability Requirements: Include when feedstock must meet specific sustainability or environmental criteria
4. Insurance: Detailed insurance requirements beyond standard coverage
5. Compliance with Food/Feed Safety: Include when feedstock is intended for food or animal feed production
6. Change Control: Include when formal procedures are needed for changing specifications or processes
7. Security of Supply: Include when alternative supply arrangements or buffer stocks are required
8. Intellectual Property: Include when proprietary processes or technologies are involved in production/handling
1. Technical Specifications: Detailed technical specifications and quality parameters for the feedstock
2. Pricing Schedule: Detailed pricing mechanisms, including any formulae or adjustment mechanisms
3. Delivery Schedule: Specific delivery times, locations, and quantities
4. Quality Control Procedures: Detailed procedures for sampling, testing, and quality verification
5. Key Performance Indicators: Metrics for measuring supply performance and quality compliance
6. Contact Details: List of key contacts and escalation procedures for both parties
7. Compliance Requirements: Detailed regulatory and certification requirements
8. Emergency Procedures: Procedures for handling supply disruptions or quality issues
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