The Wholesale Purchase Agreement serves as the primary contractual framework for businesses engaged in bulk purchasing arrangements in Australia. It is typically used when establishing ongoing supply relationships between wholesalers and business purchasers, where regular orders of significant quantity are anticipated. The agreement encompasses critical commercial terms including pricing mechanisms, minimum purchase commitments, delivery schedules, and quality standards, while ensuring compliance with Australian legal requirements including the Competition and Consumer Act 2010 (Cth), state-based sale of goods legislation, and industry-specific regulations. This document is essential for businesses seeking to formalize their supply chain relationships and manage risk in wholesale trading operations.
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1. Parties: Identification of the supplier and purchaser, including ABN/ACN and registered addresses
2. Background: Context of the agreement, relationship between parties, and general purpose of the arrangement
3. Definitions and Interpretation: Defined terms used throughout the agreement and rules of interpretation
4. Term and Renewal: Duration of the agreement and conditions for renewal
5. Supply Obligations: Core obligations of the supplier regarding product provision and delivery
6. Purchase Obligations: Core obligations of the purchaser, including minimum purchase commitments if applicable
7. Ordering Process: Procedures for placing, accepting, and modifying orders
8. Delivery and Acceptance: Terms regarding delivery, inspection, and acceptance or rejection of goods
9. Price and Payment: Pricing structure, payment terms, invoicing, and payment methods
10. Quality Requirements: Product specifications, quality standards, and compliance requirements
11. Title and Risk: Transfer of ownership and risk in the goods
12. Warranties: Supplier warranties regarding products and standard of service
13. Compliance with Laws: Obligations to comply with relevant laws and regulations
14. Liability and Indemnity: Limitation of liability and indemnification provisions
15. Termination: Grounds for termination and consequences of termination
16. Dispute Resolution: Process for resolving disputes between parties
17. General Provisions: Standard boilerplate clauses including notices, assignment, and governing law
1. Product Development: Include when parties collaborate on product development or customization
2. Intellectual Property: Include when dealing with branded products or when IP rights need protection
3. Exclusivity: Include when granting exclusive distribution or purchase rights
4. Marketing and Promotion: Include when parties have specific marketing obligations or restrictions
5. Insurance: Include when specific insurance requirements need to be maintained
6. Confidentiality: Include as separate section when extensive confidentiality provisions are required
7. Force Majeure: Include when specific force majeure events need detailed treatment
8. Change Control: Include when formal process for changes to products/specifications is needed
9. Sustainability Requirements: Include when environmental or sustainability obligations are important
10. Data Protection: Include when personal data processing is involved in the relationship
1. Schedule 1 - Product Specifications: Detailed technical specifications of products covered by the agreement
2. Schedule 2 - Pricing Schedule: Detailed pricing information, including any volume discounts or pricing mechanisms
3. Schedule 3 - Service Levels: Specific performance metrics and service level requirements
4. Schedule 4 - Order Form Template: Standard form for placing orders under the agreement
5. Schedule 5 - Quality Control Procedures: Detailed quality assurance and control processes
6. Schedule 6 - Delivery Requirements: Specific delivery timeframes, locations, and procedures
7. Schedule 7 - Key Contacts: List of key personnel and their roles for both parties
8. Appendix A - Compliance Checklist: Checklist of regulatory and quality compliance requirements
9. Appendix B - Return Procedures: Procedures for handling product returns and replacements
Authors
Relevant legal definitions
Clauses
Relevant Industries
Retail
Manufacturing
Fast-moving consumer goods (FMCG)
Food and beverage
Electronics
Pharmaceuticals
Automotive parts
Construction materials
Textiles and apparel
Industrial equipment
Agricultural products
Chemical products
Relevant Teams
Legal
Procurement
Supply Chain
Operations
Finance
Quality Assurance
Logistics
Risk and Compliance
Commercial
Relevant Roles
Procurement Manager
Supply Chain Director
Commercial Manager
Contract Administrator
Legal Counsel
Chief Operating Officer
Purchasing Officer
Operations Manager
Category Manager
Vendor Relations Manager
Quality Assurance Manager
Logistics Manager
Finance Manager
Risk Manager
Compliance Officer
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