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Contract for the Manufacture and Sale of Goods

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

Updated 15d ago
manufacturing contractsale of goodssupply agreementB2B contractgoods manufacturingcommercial agreement

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{current_date}}

Parties

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

{{manufacturer_company_name}}, a company duly incorporated under the laws of {{manufacturer_country}}, with its principal place of business at {{manufacturer_address}} (hereinafter referred to as “Manufacturer”); and

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

Collectively, the Manufacturer and the Buyer may be referred to as the “Parties,” and individually as a “Party.”

Recitals

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

WHEREAS, the Buyer desires to purchase from the Manufacturer, and the Manufacturer desires to manufacture and sell to the Buyer, certain goods as described herein (the “Goods”);

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

1. Manufacture and Sale of Goods

1.1. The Manufacturer agrees to manufacture and sell, and the Buyer agrees to purchase, the Goods described in Schedule A, attached hereto and incorporated by reference.

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

1.3. The Manufacturer shall use its best efforts to ensure that the Goods comply with all applicable laws, regulations, and industry standards in {{country_of_manufacture}} and {{country_of_sale}}.

2. Price and Payment

2.1. The Buyer shall pay the Manufacturer the price for the Goods as specified in Schedule B, attached hereto and incorporated by reference.

2.2. All prices are stated in {{currency}}.

2.3. Payment terms shall be {{payment_terms}} from the date of invoice. Invoices shall be issued upon {{milestone_for_invoice}}.

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

3. Delivery and Acceptance

3.1. The Manufacturer shall deliver the Goods to the Buyer at {{delivery_address}} by {{delivery_date}}.

3.2. Delivery shall be made in accordance with the Incoterms {{incoterms_version}} as specified in Schedule C, attached hereto and incorporated by reference.

3.3. The Buyer shall inspect the Goods upon receipt and shall notify the Manufacturer in writing of any defects, shortages, or non-conformities within {{inspection_period}} days of delivery. Failure to do so shall constitute acceptance of the Goods.

4. Warranties

4.1. The Manufacturer warrants that the Goods manufactured hereunder will be free from defects in material and workmanship and will conform to the specifications set forth in Schedule A for a period of {{warranty_period}} from the date of delivery.

4.2. The Manufacturer's sole obligation and the Buyer's sole remedy under this warranty shall be, at the Manufacturer's option, to repair or replace the non-conforming Goods.

5. Limitation of Liability

5.1. In no event shall either Party be liable to the other for any indirect, incidental, consequential, special, or punitive damages, including but not limited to loss of profits, revenue, data, or use, incurred by the other Party or any third party, whether in an action in contract or tort, even if the other Party has been advised of the possibility of such damages.

5.2. The Manufacturer’s total liability arising out of or in connection with this Agreement shall not exceed the total amount paid by the Buyer to the Manufacturer under this Agreement.

6. Governing Law and Dispute Resolution

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

6.2. Any dispute, controversy, or claim arising out of or in connection with this Agreement, or the breach, termination, or invalidity thereof, shall be submitted to mediation in {{city_for_mediation}}.

6.3. If the dispute is not resolved through mediation, it shall be finally settled by arbitration in accordance with the rules of the {{arbitration_institution}} in {{city_for_arbitration}}.

7. Signature Block

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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