You are on page 1of 2

STRATEGIC ALLIANCE AND SUPPLY AGREEMENT

Parties
This STRATEGIC ALLIANCE AND SUPPLY AGREEMENT (“Agreement”) is made as of
[_________________], by and between [_______________] of [Name of Client .] (“Company”)
and [____________] of [Name of Company] (“Client”).

In consideration of the mutual promises and covenants in this Agreement, of which the receipt
and sufficiency are hereby acknowledged, the parties agree to the terms as follows:

Service Provided
The Contractor will supply certain food products (“Products”), specified in the attached Food
Products and Stores List in this Agreement, to all branches of the Client’s stores located in
Corpus Christi, Texas, in the course of this Agreement.

This Agreement shall create a strategic alliance between Company and Client to procure, market,
distribute, and sell Products in a beneficial and cost-effective approach, which will allow parties
for collaborative research, strategic planning, and implementation of techniques to help reduce
the entire supply chain costs that will benefit both parties.

Terms and Conditions


• TERM.
This Agreement will be effective starting [_______], and will continue in full force until
its termination date which is [___________] (“Term”), unless terminated earlier by either
party.

• EXCLUSIVITY.
The Company shall be the exclusive supplier and distributor of food Products to all
convenience store branches of the Client in the specified territory.
• PURCHASE ORDERS.
The Client shall submit purchase orders containing the purchase order number, delivery
date, and product quantities for delivery, with a lead time of at least [thirty (30)] business
days to give time to the Company.

• PAYMENT.
The Client shall settle any invoices arising under this Agreement through bank wire
transfer within [fifteen (15)] business days from the invoice date to account number
________.

• FORECASTING/SALE SUMMARY.
The Client shall submit to the Company a monthly rolling forecast for the Products,
including a sales summary, every [thirty (30)] business days beginning from the effective
date of this Agreement.

• REVIEW MEETINGS.
The parties agree to meet at least once every quarter at a time, at a place and date
agreeable to both, to review performance, forecasts, sales, results, and other matters
beneficial to both parties.

• INTELLECTUAL PROPERTY RIGHTS.


All trade secrets, proprietary information, and intellectual property rights provided by the
Company to the Client shall remain the sole property of the Company.

Signature

Name of Client

Name of Company

You might also like