The Tripartite Agreement For Supply of Goods is a specialized commercial contract used in Australian business contexts where three parties need to formalize their relationships and obligations in a supply chain arrangement. This document is particularly relevant when there's a need to establish clear lines of responsibility and coordination between a supplier, an intermediary, and an end customer, or in situations where additional parties play crucial roles in the supply chain. The agreement comprehensively addresses all aspects of the supply relationship, including ordering mechanisms, quality control, risk transfer, pricing structures, and performance obligations. It is designed to comply with Australian commercial law requirements, including the Competition and Consumer Act 2010 (Cth) and relevant state-based legislation. The document is commonly used in complex supply arrangements where direct supplier-to-customer relationships need to be supplemented with additional party involvement, such as distributors, logistics providers, or quality assurance entities.
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1. Parties: Identifies and provides full legal details of all three parties to the agreement
2. Background: Explains the context and purpose of the agreement, including the relationships between the three parties
3. Definitions and Interpretation: Defines key terms and establishes rules for interpreting the agreement
4. Term and Commencement: Specifies when the agreement starts and its duration
5. Supply Obligations: Details the core obligations regarding the supply of goods, including quantity, quality, and specifications
6. Ordering and Delivery: Specifies the process for ordering goods and delivery requirements
7. Price and Payment: Details the pricing structure, payment terms, and invoicing process
8. Quality and Inspection: Establishes quality standards and inspection rights
9. Risk and Title: Specifies when risk and title in the goods passes between parties
10. Warranties and Representations: Sets out warranties regarding the goods and general representations by each party
11. Liability and Indemnities: Establishes liability limits and indemnification obligations
12. Termination: Details circumstances and processes for ending the agreement
13. Dispute Resolution: Establishes process for resolving disputes between parties
14. General Provisions: Includes standard boilerplate clauses such as notices, governing law, and assignment
15. Execution: Formal signing section for all three parties
1. Insurance: Required when specific insurance coverage needs to be maintained by parties
2. Intellectual Property: Needed when the goods involve IP rights or licensed technology
3. Confidentiality: Required when parties need to share sensitive commercial or technical information
4. Force Majeure: Optional provision for dealing with events beyond parties' control
5. Security Interests: Required when retention of title or other security arrangements are needed
6. Performance Guarantees: Include when specific performance guarantees or parent company guarantees are required
7. Customs and Import/Export: Required for international supply arrangements
8. Transition and Implementation: Needed for complex supply arrangements requiring specific implementation phases
1. Schedule 1 - Goods Specification: Detailed technical specifications of the goods to be supplied
2. Schedule 2 - Pricing and Payment Terms: Detailed pricing structure, including any volume discounts or price adjustment mechanisms
3. Schedule 3 - Service Levels: Performance metrics and service levels for supply and delivery
4. Schedule 4 - Ordering Procedure: Detailed process for placing and fulfilling orders
5. Schedule 5 - Key Contacts: Contact details for key personnel from each party
6. Schedule 6 - Delivery Locations: List of approved delivery locations and specific requirements
7. Schedule 7 - Quality Standards: Detailed quality requirements and testing procedures
8. Appendix A - Form of Purchase Order: Standard form for placing orders under the agreement
9. Appendix B - Acceptance Testing Procedures: Procedures for testing and accepting delivered goods
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