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Prime Vendor Agreement
"Need a Prime Vendor Agreement for a technology hardware supplier who will be our exclusive provider of server equipment in Singapore, with quarterly volume commitments and specific performance metrics, starting from March 2025."
1. Parties: Identification and details of the vendor and purchaser
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement including relevant Singapore law definitions
4. Scope of Services: Detailed description of products/services to be provided under the agreement
5. Term and Renewal: Duration of agreement and renewal provisions
6. Pricing and Payment Terms: Price structure, payment schedule, GST considerations and invoicing requirements
7. Delivery and Performance: Standards, timelines, and logistics for delivery
8. Quality Requirements: Quality standards, inspection rights and compliance with Singapore standards
9. Warranties: Vendor warranties regarding products/services and compliance with Singapore law
10. Termination: Circumstances and procedures for contract termination
1. Exclusivity: Terms of exclusive arrangement and compliance with Competition Act requirements
2. Volume Commitments: Minimum purchase obligations and related commercial terms
3. Service Levels: Specific performance metrics and service level requirements
4. Technology Requirements: IT systems, integration requirements and compliance with Electronic Transactions Act
5. Business Continuity: Disaster recovery and business continuity requirements for critical supply relationships
1. Product/Service Specifications: Detailed technical specifications and compliance requirements
2. Pricing Schedule: Detailed pricing structure, terms and GST considerations
3. Service Level Agreement: Detailed performance metrics, measurements and penalties
4. Key Performance Indicators: Specific performance targets and measurement criteria
5. Contact Details: Key personnel and escalation procedures for both parties
6. Data Protection Requirements: Specific PDPA compliance requirements and data handling procedures
Authors
Affiliate
Business Day
Commencement Date
Confidential Information
Customer
Delivery Location
Effective Date
Force Majeure Event
Goods
Intellectual Property Rights
Key Performance Indicators
Minimum Order Quantity
Order
Personnel
Price
Prime Vendor
Products
Purchase Order
Quality Standards
Representatives
Services
Service Levels
Specifications
Subsidiary
Term
Territory
Third Party
Working Hours
Audit Rights
Change Control
Compliance with Laws
Confidentiality
Data Protection
Delivery Terms
Dispute Resolution
Environmental Compliance
Exclusivity
Force Majeure
Governing Law
Health and Safety
Indemnification
Insurance
Intellectual Property
Liability Limitations
Non-Competition
Notices
Payment Terms
Performance Standards
Price Adjustment
Quality Control
Reporting Requirements
Representatives and Warranties
Service Levels
Subcontracting
Supply Obligations
Termination
Title and Risk
Training and Support
Volume Commitments
Warranty
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