Product Supply Agreement
Template for ongoing supply of products, covering pricing, delivery, quality standards, and warranty obligations.
This Product Supply Agreement (the "Agreement") is entered into on [Date] (the "Effective Date").
1. Parties
Supplier
- Full legal name: [Company name]
- Entity type: [Company type]
- Registered address: [Address]
- CVR No.: [CVR]
Buyer
- Full legal name: [Company name]
- Entity type: [Company type]
- Registered address: [Address]
- CVR No.: [CVR]
The Supplier and the Buyer are each a "Party" and together the "Parties".
2. Products
2.1 Product List
The Supplier agrees to supply the products described in Schedule 1 (the "Products").
2.2 Specifications
The Products shall conform to agreed specifications and applicable laws.
2.3 Changes
Any modification to specifications must be agreed in writing.
3. Term
3.1 Commencement
This Agreement shall commence on the Effective Date.
3.2 Initial Term
The Agreement shall continue for an initial term of [Number] years, unless terminated in accordance with Section 13.
3.3 Renewal
Thereafter, it shall automatically renew unless terminated with [Number] months written notice.
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