First supply agreement

Abogados Civil

Extracto

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First supply agreement

This First Supply Agreement (the "Agreement") is effective [DATE],

BETWEEN: [YOUR COMPANY NAME] (the "Supplier"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:

[YOUR COMPLETE ADDRESS]

AND: [COMPANY NAME] (the "Client"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:

[COMPLETE ADDRESS]

WHEREAS the Client has been providing for its [SPECIFY PRODUCT] requirements through its [SPECIFY] division and through supply agreements entered into with suppliers not affiliated with the Client;

WHEREAS the Supplier has acquired on this day the Client's [SPECIFY] division and, in connection therewith, the parties have agreed to enter into this Agreement;

WHEREAS the Client has agreed to grant the Supplier the right to continue to supply at competitive prices such part of the Client's [SPECIFY PRODUCT] requirements as has been provided for by said [SPECIFY] division until this day;

THEREFORE, in consideration of the foregoing and mutual covenants herein contained, the parties agree as follows:

SECTION 1

Subject to the terms and conditions contained in this Agreement, the Client hereby grants to the Supplier the right to continue to supply such part of the Client's [SPECIFY PRODUCT] requirements as has been provided for by the [SPECIFY] division of the Client until the date hereof, the whole in the amounts provided in Section 2 and for a period starting on the date hereof and ending on [DATE].

SECTION 2

[if !supportLists]2.1.

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