First Supply Agreement

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

DATE AND PARTIES

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

BETWEEN:

{{supplier_company_name}}, a company duly incorporated under the laws of {{supplier_jurisdiction}}, with its principal place of business at {{supplier_address}} (hereinafter referred to as "Supplier");

AND

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

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

DEFINITIONS

"Goods" means the products to be supplied by the Supplier to the Buyer as described in Schedule A.

"Services" means the services to be performed by the Supplier for the Buyer as described in Schedule A.

"Order" means a purchase order or similar document issued by the Buyer to the Supplier for the purchase of Goods or Services.

"Price" means the amount payable by the Buyer to the Supplier for the Goods or Services, as specified in Schedule B.

SCOPE OF AGREEMENT

This Agreement governs the initial supply by the Supplier of the Goods and/or Services to the Buyer, as detailed in Schedule A. The Buyer agrees to purchase the Goods and/or Services from the Supplier, and the Supplier agrees to provide the Goods and/or Services to the Buyer, in accordance with the terms and conditions set forth herein.

ORDERS

All Orders for Goods or Services shall be issued by the Buyer in writing. The Supplier shall confirm acceptance of each Order within {{number_of_days_for_order_confirmation}} business days of receipt. No Order shall be binding upon the Supplier until confirmed in writing.

Each Order shall specify the type, quantity, and requested delivery date of the Goods or Services.

DELIVERY AND ACCEPTANCE (GOODS)

The Supplier shall deliver the Goods to the Buyer at {{delivery_address}} by the delivery date specified in the Order. Delivery shall be made in accordance with the Incoterms {{incoterm_version}} designation of {{incoterm_term}}.

The Buyer shall inspect the Goods upon receipt. Any visible defects, shortages, or non-conformities must be reported to the Supplier in writing within {{number_of_days_for_inspection}} business days of delivery. Failure to do so shall constitute acceptance of the Goods.

PERFORMANCE AND ACCEPTANCE (SERVICES)

The Supplier shall perform the Services at {{service_location}} or remotely as agreed, in a professional and workmanlike manner, utilising suitably qualified personnel. The Supplier shall use its best endeavours to complete the Services by the date specified in the Order.

The Buyer shall review the Services upon completion. Any non-conformities or deficiencies must be reported to the Supplier in writing within {{number_of_days_for_service_review}} business days of completion. Failure to do so shall constitute acceptance of the Services.

PRICE AND PAYMENT

The Price for the Goods and/or Services shall be as set out in Schedule B. All prices are stated in {{currency}}.

The Supplier shall issue invoices to the Buyer upon {{invoicing_event, e.g., delivery, completion, monthly}}. The Buyer shall pay all undisputed invoices within {{payment_days}} days from the date of the invoice.

Late payments may be subject to interest at a rate of {{interest_rate_percentage}}% per annum, calculated daily from the due date until the date of actual payment.

WARRANTIES

The Supplier warrants that: (a) it has the right and authority to enter into this Agreement and to supply the Goods and/or Services; (b) the Goods will be free from defects in material and workmanship for a period of {{warranty_period_goods}} from the date of delivery; (c) the Services will be performed with reasonable skill and care and in accordance with generally accepted industry standards.

The Buyer warrants that: (a) it has the right and authority to enter into this Agreement and to purchase the Goods and/or Services; (b) it will provide all necessary information and assistance to the Supplier for the performance of this Agreement.

CONFIDENTIALITY

Each Party agrees to keep confidential all non-public information disclosed by the other Party in connection with this Agreement, including but not limited to business plans, financial information, product designs, and customer lists. This obligation shall survive the termination of this Agreement for a period of {{confidentiality_period}}.

GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of {{governing_jurisdiction}}. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of {{dispute_resolution_jurisdiction}}.

SIGNATURES

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

FOR THE SUPPLIER:

_____________________________

Name: {{supplier_authorized_signatory_name}}

Title: {{supplier_authorized_signatory_title}}

Date: _____________________________

FOR THE BUYER:

_____________________________

Name: {{buyer_authorized_signatory_name}}

Title: {{buyer_authorized_signatory_title}}

Date: _____________________________