Long Term Supplier Agreement

Long Term Supplier Agreement Template for Denmark

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Long Term Supplier Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Document background

A Long Term Supplier Agreement is a crucial commercial document used to establish and govern ongoing supply relationships between businesses operating under Danish law. This agreement is particularly relevant when parties anticipate a sustained business relationship involving regular supply of goods or services, typically spanning multiple years. It provides comprehensive coverage of commercial, operational, and legal aspects of the supply relationship, including detailed terms for ordering, delivery, quality control, pricing, and risk allocation. The document ensures compliance with Danish legal requirements while incorporating international best practices in supply chain management. It's especially suitable for businesses seeking to establish stable, long-term supply arrangements with strategic partners, where certainty and clarity of terms are essential for successful cooperation.

Suggested Sections

1. Parties: Identification of the supplier and customer, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, relationship between parties, and general purpose of the supply arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Supply: Detailed description of products/services to be supplied, including quality standards and specifications

5. Ordering Process: Procedures for placing and accepting orders, including lead times and minimum order quantities

6. Delivery Terms: Delivery conditions, Incoterms, packaging requirements, and transfer of risk

7. Price and Payment: Pricing structure, payment terms, invoicing process, and price adjustment mechanisms

8. Quality Requirements: Quality standards, inspection rights, acceptance criteria, and quality control procedures

9. Warranties: Product/service warranties, warranty period, and remedy procedures

10. Liability and Indemnification: Allocation of risks, limitation of liability, and indemnification obligations

11. Term and Termination: Duration of agreement, renewal terms, and termination rights

12. Confidentiality: Protection of confidential information and trade secrets

13. Force Majeure: Events excusing performance and related procedures

14. Governing Law and Jurisdiction: Danish law as governing law and jurisdiction for disputes

15. General Provisions: Standard boilerplate clauses including assignment, severability, and entire agreement

Optional Sections

1. Exclusive Supply: Used when supplier is granted exclusivity or customer commits to minimum purchase obligations

2. Innovation and Development: Include when parties collaborate on product development or improvements

3. Environmental Compliance: Required for environmentally sensitive products or when customer has specific sustainability requirements

4. Data Protection: Include when personal data processing is involved in the supply relationship

5. Insurance: Detailed insurance requirements for high-value or high-risk supplies

6. Business Continuity: Include for critical supplies requiring disaster recovery and business continuity plans

7. Compliance with Laws: Detailed compliance obligations for regulated products or services

8. Key Performance Indicators: Include when specific performance metrics are tracked with consequences

Suggested Schedules

1. Product Specifications: Detailed technical specifications of products to be supplied

2. Pricing Schedule: Detailed pricing information, including volume discounts and price adjustment formulas

3. Service Levels: Specific performance metrics and service level requirements

4. Quality Manual: Detailed quality control procedures and requirements

5. Operating Procedures: Detailed procedures for ordering, delivery, and returns

6. Key Contacts: List of key personnel and escalation procedures

7. Approved Production Facilities: List of authorized manufacturing or service delivery locations

8. Form of Purchase Order: Standard form for placing orders under the agreement

Authors

Relevant legal definitions

Clauses

Relevant Industries

Relevant Teams

Relevant Roles

Find the exact document you need

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.

Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research

Oops! Something went wrong while submitting the form.

�ұ�Ծ��’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; �ұ�Ծ��’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.

��������Ƶ

How a Sales & Marketing Lead uses ��������Ƶ to reduce contract drafting time by 95%

Let's create your Long Term Supplier Agreement

Authors

Find the exact document you need

Supply Framework Agreement

Private Label Supply Agreement

Equipment Supply Agreement

Product Supply Contract

Module Supply Agreement

Supply And Service Agreement

Supply Chain Agreement