The General Supply Agreement serves as a foundational document for businesses engaged in regular supply relationships. It is particularly useful when establishing long-term supply arrangements where consistency and clarity are essential. This agreement, governed by English and Welsh law, typically includes detailed provisions on ordering processes, quality requirements, delivery schedules, pricing mechanisms, and risk allocation. It ensures compliance with relevant legislation while providing flexibility for ongoing commercial relationships.
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1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Supply Obligations: Core obligations regarding supply of goods/services
5. Pricing and Payment: Payment terms, pricing mechanism, invoicing
6. Delivery: Delivery terms, timing, and logistics
7. Quality Requirements: Quality standards and specifications
8. Term and Termination: Duration and termination provisions
1. International Trade Terms: Additional terms for cross-border supply arrangements
2. Intellectual Property: IP rights and protections when IP transfer or licensing is involved
3. Change Control: Process for managing changes in complex or long-term supply arrangements
4. Service Levels: Performance metrics and standards for service-heavy agreements
1. Products/Services Schedule: Detailed description of goods/services to be supplied
2. Pricing Schedule: Detailed pricing structure and calculations
3. Service Levels Schedule: Detailed performance metrics and KPIs
4. Technical Specifications: Detailed technical requirements
5. Change Control Procedure: Detailed process for managing changes
Relevant legal definitions
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