Supply agreement

This supply agreement governs the ongoing supply of goods by a supplier to a buyer in India. It records the parties, the products and specifications, ordering and forecasting, pricing and payment terms, delivery, packaging, title and risk, quality and inspection, and minimum or exclusive supply commitments. It also covers warranties, defective goods and returns, confidentiality, intellectual property, limitation of liability, term and termination, force majeure, indemnity, dispute resolution and governing law. Manufacturers, distributors and businesses use it to secure reliable, clearly-priced supply with defined obligations on both sides.