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Tooling Agreement
"Need a Tooling Agreement for manufacturing custom injection molds for our new automotive parts production line, with detailed quality standards and a phased delivery schedule starting March 2025, governed by Singapore law."
1. Parties: Identification and details of contracting parties, including registered addresses and company registration numbers
2. Background: Context of the agreement, including the purpose of the tooling arrangement and relationship between parties
3. Definitions: Key terms used throughout the agreement including 'Tools', 'Specifications', 'Deliverables', etc.
4. Scope of Work: Detailed description of tooling to be manufactured/supplied and associated services
5. Specifications and Quality Requirements: Technical requirements, quality standards, and acceptance criteria
6. Intellectual Property Rights: Ownership and usage rights of designs, modifications, and improvements
7. Payment Terms: Pricing, payment schedule, and invoicing requirements
8. Delivery and Timeline: Delivery schedule, milestones, and completion dates
9. Warranties: Quality guarantees and performance warranties
10. Term and Termination: Duration of agreement and termination provisions
1. Maintenance and Support: Terms for ongoing maintenance and support services when maintenance is part of the arrangement
2. Training: Provisions for training customer personnel when tools require specialized training for operation
3. Escrow Arrangements: Terms for holding designs or specifications in escrow for critical tools where backup access to designs is needed
4. Export Control: Compliance with export control regulations when tools or technology are subject to export restrictions
1. Technical Specifications: Detailed technical requirements and drawings
2. Pricing Schedule: Detailed breakdown of costs and payment milestones
3. Quality Standards: Specific quality requirements and testing procedures
4. Acceptance Test Procedures: Detailed procedures for testing and accepting the tools
5. Maintenance Schedule: Schedule of maintenance activities and responsibilities
6. Key Personnel: List of key personnel involved in the project from both parties
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