Basic Vendor Agreement


A basic vendor agreement is an agreement which is made when a vendor agrees to sell products produced by him to the vendee in return for a certain amount of money. This agreement is legal by nature and is usually drafted for a fixed period of time.

Sample basic vendor agreement:

This agreement has been made effective as on 19th May 2011

This agreement shall remain into effect for 24 months

Termination date: 19th May 2013

This agreement has been made between Mr. Jack Fredrick who is hereafter referred to as the Vendee and Mr. Larry White who is hereafter referred to as the vendor in the entire agreement.

The details of the parties are given as follows.

VENDEE

Address: 23-j, F block, Middleton Street, LA

Contact number: 498350935094

VENDOR

Name of organisation: White cosmetics

Official address: Q-9, first floor, T tower, LA

The Vendor agrees to provide cosmetic product delivery to the vendee for 24 months on the basis of customer demand of different items.

The cost of products ordered shall vary depending upon the number of products ordered.

The following are the terms and conditions:

  • The vendor must send delivery within 2 days after the vendee places agreement.
  • The vendee must make payment as soon as order is received in order to avoid compensation charges.
  • The vendor must only deliver top quality products and any defects or complaints from customers can lead to termination of agreement from vendee’s side.

Both parties hereby agree to the terms of the agreement and validate as follows:

Jack Fredrick

Larry White

Category: Vendor Agreements

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