Private Label Supply Contract
This Private Label Supply Contract (the "Contract") is entered into on this 20th day of January 2055, by and between [Your Company Name] (hereinafter referred to as the "Supplier"), having its principal place of business at [Your Company Address], and [Retailer Name] (hereinafter referred to as the "Retailer"), having its principal place of business at [Retailer Address].
1. TERMS OF SERVICE
1.1 Product Specifications: The Supplier shall produce and supply goods as per the specifications agreed upon by both parties. Any changes to the specifications must be mutually agreed upon in writing.
1.2 Production Timelines: The Supplier shall adhere to agreed production timelines specified in the attached schedule or as mutually agreed upon in writing.
1.3 Pricing: The pricing for the supplied goods shall be as outlined by the supplier. Prices are subject to change with prior written notice.
1.4 Quality Control: The Supplier shall maintain quality control measures to ensure that the supplied goods meet the standards agreed upon by both parties. The Retailer reserves the right to inspect the goods and reject any non-conforming products.
1.5 Branding Requirements: The Supplier shall produce goods under the Retailer's label under the branding guidelines attached hereto and incorporated herein by reference.
1.6 Distribution Arrangements: The parties shall agree upon distribution arrangements, including but not limited to shipping terms and delivery schedules, in writing.
2. CONFIDENTIALITY
Both parties agree to maintain the confidentiality of any proprietary information disclosed during the term of this Contract. Neither party shall disclose such information to any third party without the other party's prior written consent.
3. INDEMNIFICATION
The Supplier shall indemnify the Retailer from any claims, losses, damages, or liabilities arising from the goods supplied under this contract.
4. TERMINATION
Either party may terminate this Contract upon 30 days written notice to the other party for any material breach of the terms herein. In the event of termination, the parties shall settle any outstanding obligations following the terms of this Contract.
5. DISPUTE RESOLUTION
Any disputes arising out of or relating to this Contract shall be resolved through good faith negotiations between the parties. If the parties are unable to resolve the dispute amicably, either party may initiate legal proceedings.
6. GOVERNING LAW
This Contract shall be governed by and construed following the laws of [Jurisdiction], without regard to its conflict of law principles.
7. SIGNATURES
This Contract may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute the same instrument.
IN WITNESS WHEREOF, the parties have executed this Contract as of the date first above written.
[Your Company Name]
Supplier
[Date Signed]
[Retailer Name]
Retailer
[Date Signed]
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