General purchasing agreement – extensive strategic long-term supply, incl. IPR

A long-term agreement for the supply of strategic components, spare parts, ingredients or other products that are to be incorporated in the customer's end-product or used in its processes. Used in B2B context, for large corporates.

By | 16 October 2018|0 Comments

Corporates (large or multinational)
English
Extensive (detailed and elaborate)
Purchasing (long-term)

Long lead time components and cancelling purchase orders – clause library

Long lead time components may frustrate or disproportionally complicate cancellation of a purchase order prior to the product’s delivery. A clause addressing compensation for components ordered before cancellation may meet both customer’s and supplier’s interests.

By | 19 September 2017|0 Comments

Corporates (large or multinational)
English
Medium size (addresses all key topics)
Purchasing (long-term)