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Contract for the Manufacture and Sale of Goods

This contract template is for businesses that manufacture and sell goods to another party. It outlines the terms and conditions governing the manufacturing process, quality control, delivery, payment, and other essential aspects of the agreement.

Updated 15d ago
manufacturingsalesgoodscontractB2Bsupply agreementproductioncommercial

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Contract for the Manufacture and Sale of Goods

This Contract for the Manufacture and Sale of Goods ("Agreement") is made and entered into on this {{day}} day of {{month}}, {{year}}, ("Effective Date")

BETWEEN:

{{manufacturer_company_name}}, a company duly incorporated under the laws of {{manufacturer_country}}, with its registered office located at {{manufacturer_address}} (hereinafter referred to as "Manufacturer");

AND

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

The Manufacturer and the Buyer are hereinafter collectively referred to as the "Parties" and individually as a "Party".

1. Recitals

WHEREAS, the Manufacturer is in the business of manufacturing and supplying {{type_of_goods}} goods; and

WHEREAS, the Buyer desires to purchase, and the Manufacturer desires to manufacture and sell, such goods in accordance with the terms and conditions set forth herein.

2. Goods to be Manufactured and Sold

2.1. The Manufacturer agrees to manufacture and sell to the Buyer, and the Buyer agrees to purchase from the Manufacturer, the goods specified in Schedule A attached hereto and incorporated by reference herein (the "Goods").

2.2. The Goods shall be manufactured in accordance with the specifications, quality standards, and designs mutually agreed upon by the Parties and detailed in Schedule B attached hereto and incorporated by reference herein.

3. Price and Payment

3.1. The Buyer shall pay the Manufacturer the price for the Goods as specified in Schedule A (the "Purchase Price").

3.2. Payment terms shall be {{payment_terms}}, with initial payment of {{initial_payment_percentage}}% due on signing this Agreement, and the remaining balance due upon {{balance_payment_condition}}.

3.3. All payments shall be made in {{currency}} to the bank account specified by the Manufacturer: {{manufacturer_bank_details}}. All prices are exclusive of any applicable taxes, duties, and tariffs, which shall be borne by the Buyer.

4. Delivery and Acceptance

4.1. The Manufacturer shall deliver the Goods to the Buyer at {{delivery_address}} by the delivery date specified in Schedule A.

4.2. Delivery shall be made in accordance with the Incoterms {{incoterms_version}} {{incoterm_rule}} rule.

4.3. The Buyer shall have {{inspection_period}} days from the date of delivery to inspect the Goods for conformity with the specifications. Any defects or non-conformities must be reported to the Manufacturer in writing within this period. Failure to do so shall constitute acceptance of the Goods.

5. Warranties

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

5.2. This warranty does not cover defects arising from normal wear and tear, misuse, alteration, or improper storage by the Buyer.

6. Intellectual Property

6.1. All intellectual property rights in the Goods, including but not limited to patents, trademarks, and copyrights, shall remain the sole property of the Manufacturer, unless otherwise agreed in writing.

6.2. The Buyer agrees not to reverse engineer, decompile, or disassemble the Goods, or to otherwise infringe upon the Manufacturer's intellectual property rights.

7. Confidentiality

7.1. Both Parties agree to keep confidential all non-public information obtained from the other Party during the performance of this Agreement.

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

8. Limitation of Liability

8.1. To the maximum extent permitted by law, neither Party shall be liable to the other for any indirect, incidental, special, consequential, or punitive damages arising out of or in connection with this Agreement.

8.2. The Manufacturer's total liability under this Agreement shall not exceed the Purchase Price paid by the Buyer for the Goods.

9. Governing Law and Dispute Resolution

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

9.2. Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof, shall be settled by arbitration in accordance with the rules of {{arbitration_institution}}.

9.3. The seat of arbitration shall be {{arbitration_city}}, {{arbitration_country}}, and the language of the arbitration shall be English.

10. Entire Agreement

This Agreement, including its Schedules, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, and representations, whether written or oral.

11. Signatures

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

FOR THE MANUFACTURER:

_____________________________

Name: {{manufacturer_signer_name}}

Title: {{manufacturer_signer_title}}

FOR THE BUYER:

_____________________________

Name: {{buyer_signer_name}}

Title: {{buyer_signer_title}}

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