Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{company_phone}}
Email: {{company_email}}
Website: {{company_website}}
MANUFACTURING AND SUPPLY AGREEMENT
This Manufacturing and Supply Agreement ("Agreement") is made and entered into on this {{date_of_agreement}}
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
{{customer_company_name}}, a company duly incorporated under the laws of {{customer_country}}, with its registered office located at {{customer_address}} (hereinafter referred to as "Customer").
Collectively, the Manufacturer and Customer may be referred to as “Parties” and individually as “Party.”
1. PRODUCTS
1.1 The Manufacturer agrees to manufacture and supply to the Customer the products specified in Schedule A (hereinafter referred to as the "Products").
1.2 The Products shall conform to the specifications, quality standards, and other requirements set out in Schedule B (the "Specifications"). Any changes to the Specifications must be agreed upon in writing by both Parties.
2. ORDERS AND FORECASTS
2.1 The Customer shall provide the Manufacturer with written purchase orders for the Products, specifying the quantity, delivery dates, and delivery location.
2.2 The Customer shall provide the Manufacturer with a [e.g., quarterly, monthly] rolling forecast of its anticipated requirements for the Products for the subsequent {{number_of_months}} months. This forecast shall be for planning purposes only and shall not constitute a binding commitment to purchase, except as explicitly stated in a firm purchase order.
3. DELIVERY
3.1 The Manufacturer shall deliver the Products to the Customer at the delivery location specified in the purchase order on or before the agreed delivery date(s).
3.2 Delivery shall be made {{INCOTERMS_rule}} (Incoterms 2020). Title and risk of loss for the Products shall pass to the Customer upon delivery in accordance with the agreed Incoterms rule.
4. PRICE AND PAYMENT
4.1 The price for the Products shall be as set out in Schedule C ("Prices"). All prices are exclusive of any applicable taxes, duties, or levies, which shall be borne by the Customer.
4.2 The Manufacturer shall invoice the Customer upon {{invoicing_event_e.g., shipment, delivery}}. Payment terms shall be {{number_of_days}} days from the date of invoice. All payments shall be made in {{currency}}.
4.3 Overdue payments shall accrue interest at a rate of {{interest_rate_percentage}}% per annum or the maximum rate permitted by applicable law, whichever is lower.
5. QUALITY AND INSPECTION
5.1 The Manufacturer warrants that the Products will be free from defects in material and workmanship and will conform to the Specifications for a period of {{warranty_period_in_months}} months from the date of delivery.
5.2 The Customer shall inspect the Products upon receipt and notify the Manufacturer of any non-conformities or defects within {{number_of_days}} days of delivery. Failure to give notice within this period shall constitute acceptance of the Products.
6. CONFIDENTIALITY
6.1 Both Parties acknowledge that during the course of this Agreement, they may have access to confidential information of the other Party. Confidential information includes, but is not limited to, trade secrets, business plans, product designs, and pricing information.
6.2 Neither Party shall disclose such confidential information to any third party without the prior written consent of the other Party, except as required by law.
7. TERM AND TERMINATION
7.1 This Agreement shall commence on the Effective Date and shall continue for a period of {{initial_term_in_years}} years, unless terminated earlier in accordance with the provisions of this Agreement.
7.2 Either Party may terminate this Agreement by providing {{number_of_days}} days’ written notice to the other Party if the other Party materially breaches any of its obligations hereunder and fails to cure such breach within {{cure_period_in_days}} days after receiving written notice thereof.
8. GOVERNING LAW AND DISPUTE RESOLUTION
8.1 This Agreement shall be governed by and construed in accordance with the laws of {{governing_country_or_state}}.
8.2 Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration administered by the {{arbitration_institution_e.g., Arbitration_Foundation_of_Southern_Africa}} in accordance with its Arbitration Rules for the time being in force, which rules are deemed to be incorporated by reference in this clause.
9. 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 discussions, negotiations, and agreements, whether oral or written.
Signature Block
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above.
FOR THE MANUFACTURER:
_____________________________
Name: {{manufacturer_signatory_name}}
Title: {{manufacturer_signatory_title}}
FOR THE CUSTOMER:
_____________________________
Name: {{customer_signatory_name}}
Title: {{customer_signatory_title}}
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