Long-term framework contract governing the purchase and sale of goods between a buyer and supplier, including pricing, forecasts, lead times, quality standards, warranties, and default remedies.
The Master Supply Agreement is a ready-to-use business agreements template you can send for signature in minutes. It is written for 2 signers (buyer and supplier) and, by default, expires 30 days after it is sent if left unsigned. It covers supply, procurement, goods, vendor, purchase. Like every Abundera Sign template it is a convenience draft structured for ESIGN Act and UETA compliance, not a substitute for legal advice. Each signed copy is sealed with PAdES-LTA digital signatures, dual RFC 3161 timestamps, and a tamper-evident evidence package in WORM storage.
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# Master Supply Agreement This Master Supply Agreement ("Agreement") is entered into as of ___________ by and between: **Buyer:** ___________, a ___________ organized under the laws of ___________, with its principal place of business at ___________ ("Buyer"); and **Supplier:** ___________, a ___________ organized under the laws of ___________, with its principal place of business at ___________ ("Supplier"). --- ## 1. Scope and Purchase Orders ### 1.1 Governing Framework This Agreement establishes the general terms and conditions under which Supplier will sell and Buyer will purchase goods ("Products") described in one or more purchase orders, statements of work, or product schedules issued hereunder ("Purchase Orders"). Each Purchase Order, when accepted by Supplier in writing or by commencement of performance, forms a binding contract incorporating the terms of this Agreement. ### 1.2 Product Descriptions The Products subject to this Agreement are described in **Exhibit A** (Product Schedule), which the parties may update from time to time by written amendment. Exhibit A sets out part numbers, specifications, unit prices, and minimum order quantities. ### 1.3 Order Acceptance Supplier shall acknowledge each Purchase Order within ___________ business days. Failure to reject a Purchase Order within that window constitutes acceptance. Supplier's acknowledgment of any Purchase Order constitutes Supplier's acceptance of the terms of this Agreement and that Purchase Order. Conflicting or additional terms in any Supplier acknowledgment, invoice, or form are rejected unless expressly accepted by Buyer in writing. --- ## 2. Term This Agreement commences on ___________ and continues for an initial term of ___________ year(s) ("Initial Term"), unless terminated earlier under Section 13. After the Initial Term, this Agreement automatically renews for successive one-year periods unless either party provides at least ___________ days' prior written notice of non-renewal. --- ## 3. Pricing ### 3.1 Unit Prices Unit prices for each Product are set out in Exhibit A. Prices are fixed for the Initial Term except as provided in Section 3.2. ### 3.2 Price Adjustments