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1. Parties: Identification of the contracting parties with full legal names and addresses
2. Background: Context of the agreement and business relationship between parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Agreement: Description of the tools covered and their intended use
5. Ownership and Title: Provisions regarding ownership of tools, transfer of title, and retention of title
6. Payment Terms: Financial provisions including pricing, payment schedule, and invoicing
7. Delivery and Acceptance: Terms for tool delivery, acceptance testing, and criteria
8. Use and Maintenance: Rights and obligations regarding tool usage and maintenance requirements
9. Quality Requirements: Quality standards, specifications, and compliance requirements
10. Intellectual Property Rights: IP ownership, licenses, and restrictions
11. Liability and Indemnification: Allocation of risks, limitations of liability, and indemnification obligations
12. Term and Termination: Duration of agreement and termination provisions
13. Confidentiality: Protection of confidential information and trade secrets
14. General Provisions: Standard legal provisions including governing law, notices, and amendments
1. Insurance: Required when tools are of high value or present significant risks
2. Security Interest: Include when tools serve as collateral or security
3. Export Control: Required when tools may be subject to export regulations
4. Environmental Compliance: Include for tools involving environmental risks or regulations
5. Training and Support: Required when supplier provides training for tool usage
6. Warranty: Optional extended warranty provisions beyond statutory requirements
7. Force Majeure: Detailed force majeure provisions if standard clause insufficient
8. Step-In Rights: Include when alternative manufacturing arrangements needed
1. Tool Specifications: Detailed technical specifications and drawings of tools
2. Pricing Schedule: Detailed breakdown of costs and payment milestones
3. Quality Standards: Specific quality requirements and testing procedures
4. Maintenance Schedule: Detailed maintenance requirements and schedules
5. Acceptance Criteria: Specific criteria and procedures for tool acceptance
6. Service Levels: Performance metrics and service level requirements
7. Authorized Users: List of personnel authorized to use or access tools
8. Security Procedures: Specific security requirements for tool storage and usage
Manufacturing
Automotive
Aerospace
Electronics
Industrial Equipment
Medical Devices
Consumer Goods
Plastics and Polymers
Metal Processing
Precision Engineering
Defense Industry
Semiconductor Manufacturing
Legal
Procurement
Manufacturing
Operations
Engineering
Quality Assurance
Supply Chain
Technical Operations
Production
Risk Management
Commercial
Maintenance
Manufacturing Manager
Production Engineer
Procurement Manager
Supply Chain Director
Legal Counsel
Contract Manager
Quality Assurance Manager
Operations Director
Technical Director
Chief Operations Officer
Tooling Engineer
Industrial Designer
Project Manager
Maintenance Manager
Risk Manager
Commercial Director
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