Inventory Purchase Agreement Template for Hong Kong

1. Exclusive Purchase Commitment: Used when buyer commits to purchasing inventory exclusively from the seller

2. Minimum Purchase Requirements: Include when there are minimum quantity or value commitments

3. Storage and Warehousing: Required when seller provides storage services for purchased inventory

4. Consignment Arrangements: Include for arrangements where inventory is held on consignment

5. Quality Control Procedures: Detailed quality control processes for industries with strict quality requirements

6. Insurance Requirements: Specific insurance obligations beyond standard coverage

7. Intellectual Property Rights: Include when branded products or licensed items are involved

8. Export/Import Compliance: Required for international transactions

9. Environmental Compliance: Include for environmentally sensitive products or regulated industries

1. Schedule 1 - Inventory Specifications: Detailed description of inventory items, including SKUs, specifications, and quantities

2. Schedule 2 - Pricing Schedule: Detailed pricing information, including any volume discounts or price adjustment mechanisms

3. Schedule 3 - Quality Standards: Specific quality requirements and testing procedures

4. Schedule 4 - Delivery Schedule: Timing and logistics of deliveries, including delivery locations

5. Schedule 5 - Service Level Requirements: Performance metrics and service levels for delivery and quality

6. Appendix A - Order Form Template: Standard form for placing orders under the agreement

7. Appendix B - Quality Inspection Checklist: Checklist for inventory inspection and acceptance procedures

8. Appendix C - Return Procedures: Procedures for returning non-conforming inventory