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students who have contributed to drafting the contract:

Babushkina Lola, Karlova Dasha, Poptsova Sasha

This AGREEMENT is made on November, 15 2023.

between

RADIANTGEMS, a jewelry brand, hereinafter referred to as Supplier.

AISLE AFFAIR CO., a wedding agency hereinafter referred to as Buyer.

RECITALS

WHEREAS the Supplier is engaged in the manufacture and distribution of jewelry.

AND WHEREAS the Buyer is involved in organizing events for bridesmaids.

DEFINITIONS

In this Contract, the following terms shall have the meanings set out below:
- Supplier — RadiantGems.
- Buyer — Aisle Affair Co.
- Contract — the agreement dated 15 November 2023 entered into between the Supplier and the
Buyer to supply goods/services to the Buyer.
- Jewelry — refers to a special jewelry collection (rings, necklaces, hairpins, earrings, bracelets)
designed and created for Buyer.
- Services — discounts for Buyer’s clients.
- PR Campaign — joint social media advertising on Instagram, Twitter, Pinterest in order to increase
audience awareness and loyalty.

KEY OBLIGATIONS

The Supplier agrees to:


- Ensure timely production and delivery of Jewellery as per the Schedule.
- Participate in the PR Campaign as agreed upon.
- Guarantee product quality as per industry standards.
- Provide renewal and maintenance services for purchased goods, in case of damage or need for
repairs.
- Maintain confidentiality of any sensitive information shared by the Buyer.
- Provide 10% discount for Buyer’s clientele.

The Buyer agrees to:


- Make timely payments to the Supplier as per the prices listed in the Schedule.
- Participate in and promote the PR Campaign.
- Inform its clients about Services provided by the Supplier via the Buyer's social media and website.
- Maintain confidentiality of any sensitive information shared by the Supplier.

Both Parties agree to organize and host Bridal Workshops:


- Attendees will work with makeup and hair artists, florists, and add jewelry items from the bridal
collection of RadiantGems;
- The workshop will last for approximately 2 hours.
- There will be 4 seasonal workshops overall.

SCHEDULE

Prices:
- Mentioned on Supplier’s official website.
- Discount: 35% off the price for any jewelry piece produced by the Supplier specified on the
Supplier’s official website.
- Each Party will provide $7,000 for the delivery of goods and services.

Timeline:
- Goods creation and delivery: Will be individually discussed and agreed upon.
- PR strategy development: To commence immediately after the Contract's effective date.
- PR strategy implementation, content creation: To be arranged and implemented as per the PR
Campaign.
- Regular review meetings: To be held monthly.
- Promotional activities schedule: 10 advertising posts per month to be published on agreed
platforms.

DELIVERY OF GOODS AND SERVICES

Goods will be delivered no later than 20 working days from the date of the order. Time of delivery shall be of
the essence in this agreement.

PENALTIES

1. Delayed payment penalty: If the Buyer fails to make payments to the Supplier as per the
agreed-upon schedule, the Buyer shall be liable to pay an additional 10% of the overdue amount for
each day of delay.
2. Delivery delay penalty: Should the Supplier fail to deliver goods within the agreed-upon timeframe,
the Supplier shall be liable to provide the Buyer with a 10% discount on the total value of the
delayed order for each day exceeding the specified delivery period.
3. Non-compliance with PR Campaign: If either Party fails to actively participate in the mutually
agreed-upon PR Campaign, they shall be subject to a penalty of 100$ per occurrence, and the
defaulting Party shall bear the cost of any additional promotional activities deemed necessary to
fulfil the campaign objectives.
4. Quality assurance breach: In the event of a lapse in the guaranteed product quality, the Supplier
shall be obligated to replace or repair the defective items at their expense, and the Buyer may be
entitled to a 70% discount on the affected products.
5. Confidentiality breach: Any breach of confidentiality obligations outlined in this agreement may
result in legal action and the defaulting Party being liable for any damages incurred, including but
not limited to legal fees.
6. The Buyer hereby agrees and acknowledges that the products purchased under this Agreement are
for their own use and not for resale. Unauthorized distribution, resale, or transfer of the products is
expressly prohibited. If it is found that the Buyer is reselling or otherwise transferring the products
without the express written consent of the Supplier, the Supplier reserves the right to impose a
penalty upon the Buyer and/or terminate the Contract immediately and/or file a lawsuit. This penalty
will be determined solely by the Supplier and may be up to the full retail price of the resold products
plus an additional infringement fee set at the Supplier’s discretion. This provision will survive the
termination of this Contract.

TERMINATION

Both parties have the right to terminate the Contract if any of the first 5 key obligations listed above are
violated more than two times. The Parties may terminate this Contract by written notice, given 30 days in
advance. Either Party may terminate this Contract immediately upon written notice if the other Party is in
material breach of this Contract and fails to cure that breach within 15 days after receipt of written notice.

Signed, Sealed, and Delivered in the presence of:

__________________ ___________________
Supplier (RadiantGems) Buyer (Aisle Affair Co.)

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