Vendor Agreement Template

VENDOR SUPPLY AGREEMENT This Vendor Supply Agreement ("Agreement") is entered into on [DATE] between [COMPANY_NAME] ("Buyer") and [VENDOR_NAME] ("Vendor"). 1. Products and Services. Vendor agrees to provide the following products/services: [PRODUCT_DESCRIPTION]. Vendor warrants that all products shall be of merchantable quality and fit for the intended purpose. 2. Pricing and Payment Terms. Vendor shall provide products/services at the prices specified in the attached Price Schedule. Payment shall be due within [PAYMENT_TERMS_DAYS] days of invoice. All prices are inclusive of [taxes/exclusive of taxes]. 3. Delivery Terms. Vendor shall deliver products by [DELIVERY_DATE/TIMEFRAME]. Risk of loss passes to Buyer upon delivery. If delivery is delayed, Buyer may impose [CONSEQUENCES: liquidated damages/termination rights]. 4. Quality Standards. All products must meet the following quality standards: [SPECIFY STANDARDS]. Vendor shall be responsible for quality assurance and shall immediately replace any defective products at no additional cost. 5. Warranty. Vendor warrants that all products shall be free from defects in materials and workmanship for a period of [WARRANTY_PERIOD] months from delivery. 6. Compliance. Vendor represents that all products comply with applicable laws, regulations, and standards, including safety and environmental requirements. 7. Confidentiality. Vendor agrees to maintain confidentiality regarding any proprietary information shared by Buyer and to use such information solely for the purpose of fulfilling this Agreement. 8. Insurance. Vendor shall maintain appropriate liability insurance and shall provide Buyer with proof of coverage upon request. 9. Term and Termination. This Agreement shall continue for [INITIAL_TERM] unless terminated earlier. Either party may terminate for material breach with [NOTICE_PERIOD_DAYS] days written notice. [COMPANY_NAME] By: ______________________ [VENDOR_NAME] By: ______________________