A supplier business contract is made between the owner/ supplier company and lessee organization to exchange services in order to earn more profits together. This contract lays down the rules and regulations agreed by both the parties.
Sample Supplier Business Contract
Supplier contract Number: 126/ K
This supplier business contract is made and entered into October 17th, 2010 by and between Sun Flower cosmetics Pvt. Ltd, hereinafter called as the supplier organization AND Gecko Distributors Pvt. Ltd, hereinafter known as the distributor organization.
This contract is commencing on October 27th, 2010 and is terminating on October 27th, 2011.
Whereas the Supplier organization is contacted by the distributor organization to hold the right for distributionship legally and the supplier party is interested to work with the distribution organization.
Hence, following are the legitimate covenants and terms to work together:
The distributor organization has to work according to the defined working rules and have to fulfil the assigned distribution targets. The supplier organization has to provide the supportive advertising material to the distributor organizations.
The supplier organization has agreed to pay 35% of the total profit to the distributor, whereas the distributor has to make a payment of $ 4500 to get registered with the supplier.
The contract results to the termination in case if any violation takes place in the above mentioned clauses. This condition is applicable to both the parties.
Hereby, both the parties are requested to sign this business contract:
Signature of the Supplier Party:
Signature of the Distribution Party: