Supply Agreement
The Supply Agreement sets out the relationship between you, a supplier, and the businesses purchasing the products you are supplying.
Last updated February 3, 2025
Suitable for Australia
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Frequently asked questions
Use this Supply Agreement if:
- You are supplying products to another party;
- You want to ensure, as a supplier, that the supplying of products to your clients is accurately reported and delivered as planned; and
- You are looking to eliminate any confusion about each party’s rights and obligations.
What does the Supply Agreement cover?
- The nature of the services to be performed;
- Placement of orders and supply of products;
- Insurance;
- Termination;
- Price and payment;
- Confidentiality;
- KPIs and reporting; and
- Relevant warranties and indemnities.
Other names for Supply Agreement include:
- Product Supply Agreement;
- Supplier Agreement;
- Supply Contract.
View Sample Supply Agreement
The Legal Risk Score of a Supply Agreement Template is Medium
Our legal team have marked this document as medium risk considering:
- The document allows for unilateral changes in pricing during extended terms, which could lead to unpredictability in budgeting and financial planning for the buyer.
- The supplier is required to comply with extensive warranties and standards, which could increase operational burden and risk non-compliance penalties.
- The agreement places the responsibility for numerous costs, including packaging, handling, and insurance on the supplier, potentially increasing their operational expenses.
Users familiar with such agreements will recognize the need for careful consideration of the terms related to pricing adjustments and the extensive warranties required, which could impact the feasibility and cost-effectiveness of the agreement for the supplier.
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