Ƶ

Vendor Agreement for New Zealand

Vendor Agreement Template for New Zealand

A comprehensive legal agreement governed by New Zealand law that establishes and regulates the commercial relationship between a business and its vendor/supplier. The document outlines the terms and conditions for the supply of goods and/or services, including pricing, delivery terms, quality standards, warranties, and risk allocation. It incorporates key requirements under New Zealand commercial law, including the Contract and Commercial Law Act 2017 and Fair Trading Act 1986, while providing clear mechanisms for dispute resolution and contract management.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Vendor Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Vendor Agreement?

The Vendor Agreement serves as a foundational document for establishing and managing supplier relationships in the New Zealand business context. It is essential for organizations seeking to formalize their procurement arrangements and ensure clear understanding of rights, obligations, and commercial terms with their suppliers. This document type is particularly important as it helps ensure compliance with New Zealand commercial law while protecting both parties' interests. The agreement typically covers critical aspects such as supply terms, payment conditions, performance standards, and risk allocation. It's particularly valuable for ongoing supply relationships rather than one-off purchases, and can be customized for various industries and supply arrangements while maintaining compliance with local regulations.

What sections should be included in a Vendor Agreement?

1. Parties: Identifies and provides full legal details of all parties to the agreement

2. Background: Sets out the context and purpose of the agreement, including brief description of the parties' businesses and their intentions

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

4. Appointment and Scope: Establishes the vendor's appointment and defines the scope of goods/services to be provided

5. Supply Terms: Details the terms and conditions for ordering, delivery, and acceptance of goods/services

6. Payment Terms: Specifies pricing, payment schedules, invoicing requirements, and payment methods

7. Vendor Obligations: Lists the vendor's key responsibilities, service levels, and performance standards

8. Customer Obligations: Outlines the customer's responsibilities and requirements to enable the vendor's performance

9. Quality and Compliance: Sets quality standards, compliance requirements, and inspection/acceptance procedures

10. Warranties: States warranties provided by the vendor regarding goods/services

11. Liability and Indemnities: Addresses risk allocation, liability limitations, and indemnification obligations

12. Term and Termination: Specifies agreement duration, renewal provisions, and termination rights

13. General Provisions: Contains standard legal clauses including governing law, notices, and dispute resolution

What sections are optional to include in a Vendor Agreement?

1. Intellectual Property: Required when the supply involves creation, licensing, or use of intellectual property

2. Confidentiality: Needed when parties will exchange sensitive business information

3. Insurance: Important for high-risk supplies or when specific insurance coverage is required

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

5. Business Continuity: Important for critical suppliers or long-term strategic relationships

6. Change Control: Needed for complex or long-term arrangements where scope changes are likely

7. Performance Reviews: Useful for ongoing relationships requiring regular performance monitoring

8. Environmental Compliance: Important when supply involves environmental risks or compliance requirements

9. Anti-Bribery and Corruption: Required for international trade or high-risk jurisdictions

10. Subcontracting: Needed when vendor may need to engage subcontractors

What schedules should be included in a Vendor Agreement?

1. Schedule 1 - Goods and Services Description: Detailed specification of goods/services to be supplied

2. Schedule 2 - Pricing and Payment: Detailed pricing structure, rates, and payment terms

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

4. Schedule 4 - Key Personnel: Details of key staff assigned to provide the goods/services

5. Schedule 5 - Implementation Plan: Timeline and milestones for implementation if applicable

6. Schedule 6 - Technical Requirements: Detailed technical specifications and requirements

7. Schedule 7 - Forms and Procedures: Standard forms for ordering, acceptance, reporting etc.

8. Appendix A - Insurance Requirements: Detailed insurance coverage requirements and limits

9. Appendix B - Compliance Requirements: Specific regulatory or compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

New Zealand

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions

























































Clauses

















































Relevant Industries

Manufacturing

Technology

Retail

Professional Services

Construction

Healthcare

Financial Services

Telecommunications

Energy

Transportation

Agriculture

Education

Hospitality

Mining

Real Estate

Relevant Teams

Procurement

Legal

Finance

Operations

Supply Chain

Risk Management

Compliance

Commercial

Vendor Management

Strategic Sourcing

Relevant Roles

Procurement Manager

Commercial Manager

Contract Manager

Supply Chain Manager

Chief Financial Officer

Operations Manager

Legal Counsel

Risk Manager

Purchasing Officer

Vendor Relations Manager

Category Manager

Chief Operating Officer

Sourcing Manager

Business Unit Manager

Commercial Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Videography Contract

A New Zealand-compliant contract governing professional videography services, outlining service terms, deliverables, and legal obligations between videographers and clients.

Download

Warrant Agreement

A New Zealand-governed agreement establishing terms for the purchase of securities at a predetermined price and time period, compliant with local financial markets legislation.

Download

Triple Net Lease Agreement

A New Zealand-compliant commercial lease agreement where tenant pays all property operating expenses including taxes, insurance, and maintenance in addition to base rent.

Download

Surety Agreement

A New Zealand law-governed agreement where a guarantor assumes responsibility for another party's obligations or debts to a creditor.

Download

Subscription Agreement

New Zealand-governed agreement establishing terms and conditions for subscription-based services, detailing service delivery, payment terms, and mutual obligations.

Download

Sub Tenancy Agreement

A legal agreement under New Zealand law that enables a tenant to rent out all or part of their rental property to a subtenant, establishing rights and obligations for all parties involved.

Download

Short Term Contract

New Zealand-compliant contract template for fixed-term employment or temporary service arrangements, incorporating all essential elements required under NZ employment law.

Download

Scheduling Agreement

A New Zealand-governed agreement that establishes terms and conditions for scheduled services or deliveries between parties, including timing, performance requirements, and operational procedures.

Download

Production Contract

A New Zealand-law governed agreement setting out terms and conditions for production of goods or content, including specifications, quality standards, and delivery requirements.

Download

Probationary Contract

A New Zealand-compliant employment agreement establishing a probationary period for new employees, outlining terms, conditions, and evaluation criteria.

Download

Private Road Maintenance Agreement

A New Zealand-compliant agreement establishing maintenance responsibilities and cost-sharing arrangements for shared private roads.

Download

Purchase Proposal

A formal New Zealand business document outlining proposed terms and conditions for purchasing assets, businesses, or properties under NZ law.

Download

One Year Contract

A one-year contract template compliant with New Zealand law, designed for fixed-term business relationships.

Download

Novation Agreement

A New Zealand law-governed agreement that transfers contractual rights and obligations from one party to another with the consent of all involved parties.

Download

Material Contract

A New Zealand law-governed agreement setting out terms and conditions for the supply of materials, including specifications, quality standards, and commercial terms.

Download

Installment Contract

A New Zealand-compliant agreement for the purchase of goods or services through scheduled installment payments.

Download

Labor Contract

A New Zealand-compliant employment agreement establishing terms and conditions between employer and employee under NZ employment law.

Download

Lease Deed

A New Zealand lease deed establishing formal property rental terms between lessor and lessee under NZ property law.

Download

Informal Contract

A simplified contract template compliant with New Zealand law, designed for basic commercial and service agreements.

Download

Individual Contract

New Zealand-compliant individual employment agreement establishing terms and conditions between employer and employee.

Download

Franchise Agreement

A New Zealand-governed agreement establishing the rights and obligations between a franchisor and franchisee for operating a franchised business.

Download

Form For Independent Contractor

A New Zealand-compliant agreement establishing terms and conditions for engaging independent contractors, defining services, payments, and maintaining contractor status.

Download

Encroachment Agreement

A New Zealand law-governed agreement that establishes rights and obligations between property owners regarding structural or physical encroachment on neighboring property.

Download

Executive Contract

A New Zealand-compliant employment agreement for executive-level appointments, establishing comprehensive terms and conditions for senior management roles.

Download

Deed Of Lease

A formal legal document under New Zealand law establishing the terms and conditions between a landlord and tenant for the lease of property, executed as a deed.

Download

Contingency Contract

A New Zealand-governed agreement that establishes conditions for payment or performance based on specific triggering events or outcomes.

Download

Contractor Form

A New Zealand-compliant agreement establishing terms and conditions for engaging independent contractors, including service scope, payment terms, and legal obligations.

Download

Consent Agreement

A New Zealand-compliant agreement establishing explicit consent for data handling and specific rights between parties under NZ privacy laws.

Download

Common Agreement

A standardized legal agreement template for business relationships under New Zealand law, suitable for various commercial transactions.

Download

Business To Business Contract

A New Zealand-governed business-to-business contract template for establishing commercial relationships between organizations.

Download

Barter Agreement

A New Zealand-compliant agreement facilitating the direct exchange of goods and/or services between parties without monetary payment.

Download

Agreement To Lease

A New Zealand-compliant preliminary agreement that establishes the terms and conditions for a future lease between landlord and tenant.

Download

Master Contract

A New Zealand-law governed framework agreement establishing core terms for ongoing business relationships and future transactions.

Download

Land Lease Agreement Form

A New Zealand-compliant legal agreement establishing terms and conditions for land lease arrangements between landlord and tenant.

Download

Basic Ordering Agreement

A New Zealand-governed framework agreement establishing terms and conditions for future orders between parties, streamlining recurring procurement processes.

Download

Franchise Agreement Draft

A New Zealand-governed agreement establishing the rights and obligations between a franchisor and franchisee for operating a franchised business.

Download

Engagement Contract

A New Zealand-governed contract establishing an independent contractor relationship between a principal and contractor, defining services, terms, and obligations.

Download

Contract Agreement Form

A standard contract agreement template compliant with New Zealand law, establishing terms and conditions for business relationships.

Download

Cross Purchase Buy Sell Agreement

A New Zealand-governed agreement establishing terms and procedures for business owners to purchase each other's interests upon specified trigger events.

Download

Written Agreement

A formal Written Agreement under New Zealand law that establishes legal rights and obligations between parties, ensuring clear terms and enforceable commitments.

Download
See more related templates

ұԾ’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; ұԾ’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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

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