First Supply Agreement

COMPANY LETTERHEAD

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

FIRST SUPPLY AGREEMENT

This First Supply Agreement (“Agreement”) is made and entered into on this {{date}} by and between:

{{supplier_company_name}}, a company duly incorporated under the laws of {{supplier_country}}, with its registered office at {{supplier_address}} (hereinafter referred to as “the Supplier”); and

{{buyer_company_name}}, a company duly incorporated under the laws of {{buyer_country}}, with its registered office at {{buyer_address}} (hereinafter referred to as “the Buyer”).

The Supplier and the Buyer are hereinafter collectively referred to as “the Parties” and individually as “Party.”

RECITALS

WHEREAS, the Supplier is in the business of supplying {{description_of_goods_services}}.

WHEREAS, the Buyer desires to procure {{description_of_goods_services}} from the Supplier for its business operations.

WHEREAS, the Parties wish to enter into this Agreement to define the terms and conditions for the first supply of goods/services.

ARTICLE 1: DEFINITIONS

1.1. "Goods" or "Services" shall mean {{specific_goods_or_services}} as further described in Schedule A.

1.2. "Order" shall mean a purchase order placed by the Buyer with the Supplier for the Goods/Services.

1.3. "Price" shall mean the total cost of the Goods/Services as specified in Clause 3.1.

ARTICLE 2: SCOPE OF SUPPLY

2.1. The Supplier agrees to supply and the Buyer agrees to purchase the Goods/Services as per the specifications outlined in Schedule A, for an initial order quantity of {{quantity}} units/hours.

2.2. The Parties acknowledge that this Agreement pertains to the initial supply only, and future supplies may be subject to a separate agreement or amendment.

ARTICLE 3: PRICE AND PAYMENT

3.1. The total price for the initial supply of Goods/Services shall be {{currency}} {{initial_order_amount}} ({{amount_in_words}}).

3.2. Payment terms are {{payment_terms}} (e.g., 30 days from invoice date).

3.3. All payments shall be made in {{currency}} to the Supplier's nominated bank account: {{bank_name}}, Account No: {{account_number}}, SWIFT Code: {{swift_code}}.

3.4. Any applicable taxes, duties, or levies shall be borne by the {{tax_responsible_party}}.

ARTICLE 4: DELIVERY AND ACCEPTANCE

4.1. The Supplier shall deliver the Goods/Services to {{delivery_address}} by {{delivery_date}}.

4.2. Delivery shall be made in accordance with Incoterms {{incoterms_version}} (e.g., EXW, FOB, CIF).

4.3. The Buyer shall inspect the Goods/Services upon receipt and notify the Supplier in writing of any defects or non-conformity within {{inspection_period}} days.

4.4. If no such notice is received, the Goods/Services shall be deemed accepted by the Buyer.

ARTICLE 5: WARRANTIES

5.1. The Supplier warrants that the Goods/Services supplied shall be free from defects in material and workmanship for a period of {{warranty_period}} from the date of delivery.

5.2. The Supplier’s liability under this warranty shall be limited to repairing or replacing the defective Goods/Services.

ARTICLE 6: CONFIDENTIALITY

6.1. Both Parties agree to keep confidential all non-public information received from each other during the course of this Agreement.

6.2. This obligation of confidentiality shall survive the termination of this Agreement for a period of {{confidentiality_period}} years.

ARTICLE 7: GOVERNING LAW AND DISPUTE RESOLUTION

7.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_country}}.

7.2. Any dispute arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of {{jurisdiction_city}}, {{jurisdiction_country}}.

ARTICLE 8: ENTIRE AGREEMENT

8.1. This Agreement constitutes the entire agreement between the Parties and supersedes all prior discussions, negotiations, and agreements, whether oral or written.

SIGNATURES

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first above written.

FOR THE SUPPLIER:

_____________________________

Name: {{supplier_authorized_signatory_name}}

Title: {{supplier_authorized_signatory_title}}

FOR THE BUYER:

_____________________________

Name: {{buyer_authorized_signatory_name}}

Title: {{buyer_authorized_signatory_title}}