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Supply Agreement

Ongoing supply of materials or products between supplier and buyer over time.

SUPPLY AGREEMENT

This Supply Agreement is made on [DATE] between [SUPPLIER NAME] ("Supplier") and [BUYER NAME] ("Buyer").

1. PRODUCTS AND SPECIFICATIONS

Supplier agrees to supply: [PRODUCT DESCRIPTION] meeting specifications detailed in Exhibit A.

2. QUANTITY AND DELIVERY

Minimum annual quantity: [MINIMUM QUANTITY]. Delivery schedule: [DELIVERY SCHEDULE]. Lead time: [LEAD TIME].

3. PRICING

Initial pricing: [PRICE STRUCTURE]. Price adjustments: [ADJUSTMENT MECHANISM] reviewed [FREQUENCY].

4. QUALITY ASSURANCE

Supplier shall maintain quality control systems and provide certificates of compliance with each shipment.

5. EXCLUSIVITY

This agreement [IS/IS NOT] exclusive. [If exclusive: Buyer agrees to purchase exclusively from Supplier.]

6. TERM AND RENEWAL

Initial term: [DURATION]. Automatic renewal for [RENEWAL PERIOD] unless terminated with [NOTICE PERIOD] notice.

SUPPLIER: _________________ BUYER: _________________

[SUPPLIER NAME] [BUYER NAME]

Date: ___________ Date: ___________

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What is a Supply Agreement?

A Supply Agreement establishes ongoing supplier relationships for materials or products, covering quantities, pricing, quality, and delivery terms.