Free Startup Vendor Agreement

This Startup Vendor Agreement (hereafter referred to as "Agreement") is made and entered into this day of [Date] by and between: [Startup Company Name] (hereafter referred to as "Company") having its principal place of business at [Company Address], and [Vendor Name] (hereafter referred to as "Vendor") having its principal place of business at [Vendor Address].
1. PURPOSE OF AGREEMENT
The purpose of this Agreement is to set forth the terms and conditions under which Vendor will provide certain services and deliverables to the Company. This Agreement will cover all product/service terms, payment details, contract periods, and other necessary aspects to ensure a seamless and constructive working relationship.
2. SERVICES AND DELIVERABLES
Scope of Services: Vendor shall provide website development services to Company, including but not limited to:
Design and development of a custom e-commerce website with integrated payment gateway.
Creation of product pages, shopping cart functionality, and user account management system.
Implementation of responsive design for optimal viewing on desktop, tablet, and mobile devices.
Integration of inventory management system to track product availability and sales.
Specifications: The website shall have a modern and intuitive user interface, with fast loading times and seamless navigation. It shall support multiple payment methods and comply with relevant industry standards for security and data protection. The design shall be customizable to align with Company's branding guidelines, with options for adding new features or modules in the future.
Customization or Modifications: Any proposed changes to the website design or functionality shall be submitted to Company for approval before implementation. Vendor shall work closely with Company's team to incorporate any requested modifications in a timely manner, ensuring that they do not adversely affect the overall performance or user experience of the website.
3. COMPENSATION AND PAYMENT TERM
The Company agrees to compensate the Vendor according to the pricing plan attached in this agreement. The Company is responsible for payment within [time period] of receiving Vendor’s invoice. All payments made under this Agreement are nonrefundable.
4. TERM AND TERMINATION
This Agreement shall commence on the [Start Date] and continue until the [End Date], unless terminated earlier as provided herein. Either party may terminate this Agreement upon [time period] notice, without cause. In the event of a breach, the non-breaching party may terminate this Agreement immediately.
5. CONFIDENTIALITY
Both parties agree to keep all confidential information shared between them in the strictest confidence. Confidential Information does not include any information that (i) is or becomes generally available to the public other than as a result of a breach of this Clause; (ii) was available on a non-confidential basis prior to its disclosure.
6. GOVERNING LAW AND DISPUTE RESOLUTION
this Agreement shall be governed by the laws of [Jurisdiction]. Any disputes arising out of this Agreement shall be resolved through negotiation, mediation, or arbitration, or through appropriate legal action in a court of competent jurisdiction.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed and delivered as of the day and year first above written.
VENDOR
[Representative Name]
Representative
[Vendor Name]
COMPANY
[Representative Name]
Representative
[Company Name]
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Introducing Template.net's Startup Vendor Agreement Template: Your hassle-free solution for crafting vendor contracts. This versatile template offers editable and customizable features, ensuring seamless adaptation to your specific needs. Accessible via our online AI Editor Tool, it empowers you to tailor agreements effortlessly. Simplify your vendor negotiations with ease and precision.
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