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Raw Material Supply Agreement Template for Nigeria

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Key Requirements PROMPT example:

Raw Material Supply Agreement

"I need a Raw Material Supply Agreement for my manufacturing company in Lagos to source industrial-grade aluminum from a Nigerian supplier, with strict quality control requirements and monthly delivery schedules starting from January 2025."

Document background
The Raw Material Supply Agreement is essential for businesses operating in Nigeria that require a steady and reliable supply of raw materials for their operations. This document is particularly crucial in the Nigerian context where local content requirements, quality standards, and environmental regulations must be carefully considered. It establishes a legally binding framework that governs the commercial relationship between suppliers and buyers, covering crucial aspects such as material specifications, delivery terms, quality control procedures, and payment conditions. The agreement is designed to comply with Nigerian legislation, including the Sales of Goods Act, Standards Organization of Nigeria regulations, and relevant environmental laws. It's particularly important for businesses involved in manufacturing, processing, or large-scale industrial operations where consistent raw material quality and supply reliability are critical to operations.
Suggested Sections

1. Parties: Identification and details of the supplier and buyer, including registration numbers and addresses

2. Background: Context of the agreement and brief description of the parties' business relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Supply Obligations: Core obligations of the supplier regarding the provision of raw materials

5. Quality Requirements: Specifications and quality standards that the raw materials must meet

6. Ordering Process: Procedures for placing and confirming orders

7. Delivery Terms: Delivery schedules, locations, and responsibilities

8. Price and Payment: Pricing structure, payment terms, and invoicing procedures

9. Title and Risk: Transfer of ownership and risk in the raw materials

10. Quality Control and Inspection: Rights and procedures for quality inspection and rejection of non-conforming goods

11. Warranties: Warranties regarding the quality and condition of the raw materials

12. Term and Termination: Duration of the agreement and termination provisions

13. Confidentiality: Protection of confidential information exchanged between parties

14. Force Majeure: Provisions for handling events beyond parties' reasonable control

15. Governing Law and Jurisdiction: Nigerian law as governing law and jurisdiction for disputes

16. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment

Optional Sections

1. Minimum Purchase Commitment: Used when buyer commits to purchasing minimum quantities - include when there's a volume-based pricing structure

2. Exclusivity: Include when either party requires exclusive rights in specific territories or for specific materials

3. Storage and Handling: Include for materials requiring special storage conditions or handling procedures

4. Insurance: Detailed insurance requirements - include for high-value or hazardous materials

5. Environmental Compliance: Include for materials subject to specific environmental regulations or requiring special disposal

6. Import/Export Compliance: Include for international supply arrangements

7. Local Content Requirements: Include when Nigerian local content laws apply to the supply arrangement

8. Price Adjustment Mechanism: Include for long-term agreements or materials subject to market price fluctuations

9. Security of Supply: Include when the materials are critical to buyer's operations requiring backup supply arrangements

Suggested Schedules

1. Schedule 1 - Material Specifications: Detailed technical specifications of the raw materials

2. Schedule 2 - Pricing Schedule: Detailed pricing structure, including any volume discounts or surcharges

3. Schedule 3 - Delivery Locations: List of approved delivery locations and specific delivery requirements

4. Schedule 4 - Quality Control Procedures: Detailed quality control and testing procedures

5. Schedule 5 - Key Performance Indicators: Performance metrics and measurement criteria

6. Schedule 6 - Health and Safety Requirements: Safety procedures and requirements for handling materials

7. Schedule 7 - Forms and Documentation: Standard forms for purchase orders, delivery notes, and quality certificates

8. Appendix A - Contact Details: Key contact persons and their details for both parties

9. Appendix B - Compliance Certificates: Copies of required regulatory certificates and permits

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions









































Clauses








































Relevant Industries

Manufacturing

Mining

Agriculture

Chemical Processing

Construction

Food and Beverage

Textile

Pharmaceutical

Oil and Gas

Industrial Processing

Automotive

Electronics Manufacturing

Relevant Teams

Procurement

Supply Chain

Operations

Legal

Quality Control

Production

Compliance

Risk Management

Commercial

Logistics

Manufacturing

Relevant Roles

Procurement Manager

Supply Chain Director

Operations Manager

Production Manager

Quality Control Manager

Legal Counsel

Commercial Director

Contract Manager

Purchasing Officer

Supply Chain Analyst

Chief Operations Officer

Manufacturing Manager

Logistics Manager

Compliance Officer

Risk Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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