Product Supply Agreement Between Manufacturer And Buyer Template for Hong Kong

1. Minimum Purchase Commitments: Include when buyer agrees to minimum purchase quantities or values

2. Exclusivity: Include when either party has exclusive rights or obligations

3. Intellectual Property: Include when IP rights are relevant to the products or manufacturing process

4. Compliance with Laws: Include detailed compliance obligations for regulated products or industries

5. Force Majeure: Include detailed force majeure provisions for supply chain disruption risks

6. Insurance: Include specific insurance requirements beyond standard coverage

7. Product Changes: Include when product modifications or updates are anticipated

8. Tooling and Equipment: Include when specific manufacturing tools or equipment are provided by either party

9. Safety Stock: Include requirements for maintaining minimum inventory levels

10. Exit Management: Include detailed transition provisions for contract termination

1. Product Specifications: Detailed technical specifications and requirements for each product

2. Pricing Schedule: Detailed pricing for each product, including any volume discounts

3. Quality Standards: Specific quality requirements, testing procedures, and acceptance criteria

4. Service Levels: Performance metrics and service level requirements

5. Order Form Template: Standard form for placing orders under the agreement

6. Delivery Locations: List of approved delivery locations and specific requirements

7. Key Contacts: Contact details for key personnel from both parties

8. Manufacturing Facilities: Approved manufacturing locations and facility requirements

9. Compliance Requirements: Specific regulatory or industry compliance requirements

10. Forecast Template: Standard form for providing demand forecasts