The vendor contract management is a binding legal contract made between two parties, one whom is a company or an organization while the other party is a service provider who is responsible for managing all or specified vendors of the company.
Sample vendor contract management
Contract number: ECE/12i4j/2011
Effective Date of contact: November 23rd, 2011.
This contract is an official agreement that contains legal terms and conditions for facilitating the hiring of a marketing company or service provider to manage and oversee the operations of vendors for South Face.
Whereas the organization is located at
Address: 2102 Mimosa Drive,
Austin TX 78745
Phone: (512) 445-6697
Whereas the service provider is located at
Address: 3224 Smoky Ridge,
Austin TX 78730
Phone: (512) 901-9201
Following terms and conditions are important aspect of the vendor contract management and need to be followed:
The term of this contract is 1 year and within this period BMS Marketing will manage all vendors mentioned in Austin, TX and oversee specific vendor operations. BMS Marketing will also be responsible for procuring payments from vendors, overseeing marketing and promotional activities for vendors, and ensuring timely product delivery to the vendors.
All notices related to the vendor contract management will be in writing between South Face and BMS Marketing and between BMS Marketing and the vendors.
- Breach of contract:
Any breach of contract by BMS Marketing will lead to termination of this contract and South Face will provide a written notice within 15 days from the date of breach of contract.
- Governing Law:
This vendor contract management agreement is construed in and governed by the laws of the State of Texas.
Both the parties are requested to validate the contract:
Signature on behalf of the Organization:
Simon Bijou / South Face
Signature on behalf of the Service Provider:
Rick Mason / BMS Marketing