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Contract for the Manufacture and Sale of Goods

This contract template outlines the terms and conditions for the manufacturing and sale of goods between a manufacturer and a buyer. It is suitable for businesses engaging in custom production or supply agreements.

Updated 15d ago
manufacturing contractsales agreementgoods supplyB2B contractSouthern Africacommercial agreement

{{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 (hereinafter referred to as the 'Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:

{{manufacturer_company_name}}, a company duly incorporated under the laws of {{manufacturer_jurisdiction}}, 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_jurisdiction}}, with its principal place of business at {{buyer_address}} (hereinafter referred to as 'Buyer').

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

1. SCOPE OF AGREEMENT

The Manufacturer agrees to manufacture and sell, and the Buyer agrees to purchase, the goods (hereinafter referred to as the 'Goods') as described in Schedule A, attached hereto and forming an integral part of this Agreement. The Goods shall be manufactured in accordance with the specifications, designs, and quality standards mutually agreed upon by the Parties and detailed in Schedule B.

2. ORDER PLACEMENT AND ACCEPTANCE

Buyer shall place orders for Goods by submitting written purchase orders ('Purchase Order') to Manufacturer. Each Purchase Order shall specify the type and quantity of Goods, desired delivery date, and any other relevant delivery instructions. Manufacturer shall confirm acceptance of each Purchase Order within {{number_of_days}} business days. No Purchase Order shall be binding upon Manufacturer until accepted in writing.

3. PRICE AND PAYMENT TERMS

The price for the Goods shall be as set forth in Schedule C, attached hereto. All prices are exclusive of any applicable taxes, duties, and shipping costs, which shall be borne by the Buyer unless otherwise agreed in writing. Payment shall be made by Buyer to Manufacturer within {{number_of_days}} days of the date of invoice. Manufacturer reserves the right to charge interest at a rate of {{interest_rate}}% per annum on any overdue amounts.

4. DELIVERY AND ACCEPTANCE

Manufacturer shall deliver the Goods to the Buyer's designated address as specified in the Purchase Order by the agreed delivery date. Risk of loss or damage to the Goods shall pass to the Buyer upon delivery. Buyer shall inspect the Goods upon receipt and notify Manufacturer of any defects, damages, or discrepancies within {{number_of_days}} days of delivery. Failure to provide such notice shall constitute acceptance of the Goods.

5. WARRANTIES

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. This warranty does not cover defects arising from improper use, maintenance, or storage by the Buyer. Manufacturer's sole obligation under this warranty shall be, at its option, to repair or replace the defective Goods.

6. LIMITATION OF LIABILITY

To the maximum extent permitted by law, Manufacturer shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, arising out of or in connection with this Agreement or the use of the Goods, even if Manufacturer has been advised of the possibility of such damages. Manufacturer's total liability under this Agreement shall not exceed the total amount paid by Buyer for the Goods giving rise to the claim.

7. FORCE MAJEURE

Neither Party shall be liable for any failure or delay in performing its obligations under this Agreement if such failure or delay is caused by circumstances beyond its reasonable control, including but not limited to acts of God, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, or strikes (a 'Force Majeure Event'). The Party affected by a Force Majeure Event shall promptly notify the other Party and shall use commercially reasonable efforts to mitigate the effect of the event.

8. GOVERNING LAW AND DISPUTE RESOLUTION

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

The language of the arbitration shall be English. The place of arbitration shall be {{arbitration_city}}, {{arbitration_country}}.

9. ENTIRE AGREEMENT

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

SIGNATURES

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

FOR: {{manufacturer_company_name}}

_____________________________

Name: {{manufacturer_signer_name}}

Title: {{manufacturer_signer_title}}

Date: {{manufacturer_signature_date}}

FOR: {{buyer_company_name}}

_____________________________

Name: {{buyer_signer_name}}

Title: {{buyer_signer_title}}

Date: {{buyer_signature_date}}

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