VENDOR AGREEMENT FORMAT

This Vendor Agreement (here in after termed as “Agreement”) is made and entered into on [day] day of [month] of [year]  (here in after termed as “Said Day”) by and between [name] with its principal place of business located at [address] (hereinafter referred as “Vendor”) and [name] with [his/her/business] located at [address] (herein after referred as “customer” and collectively as “the customers”).

 WHEREAS, the vendor undergoes the business of [description of business];

WHEREAS, the vendor has offered the customer to provide [insert description of goods and services];

WHEREAS, the vendor will commence the selling of goods or services to the customer from [date];

NOW, THEREFORE, the Parties hereby agree as follows:

1. The vendor will provide [goods or service] to the customer on [date] on consideration paid by customer.
2. The agreement has to commence from [commencement period], and shall terminate by [termination period]
3. The vendor must provide invoice of purchase on ____ day of [every month or mention the month].
4. Customer is obliged to make payment as prescribed on ___ day after the delivery of goods/services through [mode of payment]
5. The law which governs the agreement will be [state the law that governs].
6. The work shall be conducted at [location of work]
7. The goods are high quality good certified by [mention the certification]
8. When dispute arises the parties shall use arbitration as a mode to redressal.
9. Return of any invoice will not qualify the party to move for an arbitration.
10.  [confidentiality clause]
11. [other terms and conditions]

NOW WHEREAS, by signing below, the vendor acknowledges their understanding of the terms of doing business with his or her client, and agrees to abide by these terms at all times.

 For Vendor:                                                                               For Client:

Name                                                                                          Name

_________________                                                           ________________

Signature                                                                                    Signature                                                                                                                                                                                              _________________                                                            _________________

Date                                                                                              Date

­­­­­­__________________                                                              ___________________

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