Document background
The Toll Manufacturing Agreement is essential for businesses looking to outsource their manufacturing operations while maintaining control over their product specifications and intellectual property. This document is commonly used when a company wants to leverage external manufacturing capabilities without investing in production facilities, particularly in scenarios involving specialized manufacturing processes or when scaling production capacity. The agreement, governed by New Zealand law, includes detailed provisions for quality control, regulatory compliance, risk management, and commercial terms. It's particularly relevant in industries requiring specialized manufacturing capabilities or those dealing with proprietary formulations. The document ensures clear delineation of responsibilities between the principal and the toll manufacturer while protecting both parties' interests through carefully structured terms and conditions.
