Supply Agreement

Company Letterhead

{{company_name}}

{{company_address}}

{{phone}} | {{email}} | {{website}}

SUPPLY AGREEMENT

This Supply Agreement ("Agreement") is made and entered into on this {{day}} day of {{month}}, {{year}} ("Effective Date"), By and Between:

{{supplier_company_name}}, a company duly incorporated and existing under the laws of {{country}}, with its registered address at {{supplier_address}} (hereinafter referred to as "the Supplier");

AND

{{buyer_company_name}}, a company duly incorporated and existing under the laws of {{country}}, with its registered address at {{buyer_address}} (hereinafter referred to as "the Buyer").

The Supplier and the Buyer hereinafter collectively referred to as "the Parties" and individually as "Party".

1. SCOPE OF SUPPLY

1.1. The Supplier agrees to supply and the Buyer agrees to purchase the goods/services as described in Schedule A (hereinafter referred to as "the Goods/Services").

1.2. The Goods/Services shall be supplied in accordance with the specifications, quality standards, and quantities set forth in Schedule A.

2. PURCHASE ORDERS

2.1. The Buyer shall issue written purchase orders ("P.O.") to the Supplier for the Goods/Services it wishes to purchase.

2.2. Each P.O. shall specify the type of Goods/Services, quantity, delivery date, delivery location, and price.

2.3. The Supplier shall confirm acceptance of each P.O. within {{number_of_days}} business days of receipt. No P.O. shall be binding on the Supplier until so accepted.

3. PRICE AND PAYMENT

3.1. The price for the Goods/Services shall be as set out in Schedule A or as mutually agreed upon in writing for each P.O. All prices are stated in {{currency}}.

3.2. The Buyer shall pay the Supplier within {{number_of_days}} days from the date of the Supplier's invoice.

3.3. Payment shall be made via {{payment_method}} to the Supplier's nominated bank account: {{bank_name}}, Account No: {{account_number}}, Swift Code: {{swift_code}}.

3.4. Overdue payments shall accrue interest at a rate of {{interest_rate}}% per month or the maximum rate permitted by law, whichever is lower.

4. DELIVERY

4.1. The Supplier shall deliver the Goods/Services to the Buyer at {{delivery_address}} by the delivery date specified in the P.O.

4.2. Time is of the essence for delivery. Any delays in delivery shall be communicated immediately by the Supplier to the Buyer.

4.3. Risk of loss or damage to the Goods/Services shall pass to the Buyer upon delivery at the specified location.

5. WARRANTIES

5.1. The Supplier warrants that the Goods/Services supplied shall be free from defects in material and workmanship and shall conform to the specifications provided in Schedule A.

5.2. The warranty period for the Goods/Services shall be {{warranty_period}} from the date of delivery.

5.3. The Buyer shall notify the Supplier of any non-conforming Goods/Services within {{number_of_days}} days of discovery of such non-conformance.

6. TERM AND TERMINATION

6.1. This Agreement shall commence on the Effective Date and shall continue for a period of {{term_duration}} unless terminated earlier in accordance with the provisions herein.

6.2. Either Party may terminate this Agreement by providing {{notice_period}} days' written notice to the other Party in the event of a material breach of any term of this Agreement by the other Party, provided such breach is not remedied within the notice period.

7. GOVERNING LAW AND DISPUTE RESOLUTION

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

7.2. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination or invalidity thereof, shall be settled by amicable negotiations between the Parties.

7.3. If the Parties are unable to resolve the dispute amicably within {{number_of_days}} days, the dispute shall be referred to mediation in accordance with the rules of {{mediation_body}}.

7.4. If mediation fails, the dispute shall be finally settled by arbitration in accordance with the arbitration rules of {{arbitration_body}}.

8. ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the Parties and supersedes all prior agreements, understandings, and negotiations, whether written or oral, relating to the subject matter hereof.

9. SIGNATURES

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

FOR THE SUPPLIER:

_____________________________

Name: {{supplier_authorized_signatory_name}}

Title: {{supplier_authorized_signatory_title}}

Date: {{date}}

FOR THE BUYER:

_____________________________

Name: {{buyer_authorized_signatory_name}}

Title: {{buyer_authorized_signatory_title}}

Date: {{date}}