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Long Term Supplier Agreement

Long Term Supplier Agreement Template for Philippines

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Key Requirements PROMPT example:

Long Term Supplier Agreement

"I need a Long Term Supplier Agreement for my pharmaceutical manufacturing company based in Manila, covering the supply of raw materials from multiple international suppliers, with specific quality control requirements and compliance with Philippine FDA regulations, starting from March 2025."

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Document background
The Long Term Supplier Agreement is essential for businesses seeking to establish stable, ongoing supply relationships in the Philippines. This document is particularly useful when parties anticipate a continuous supply arrangement extending beyond one year, requiring detailed terms for regular ordering, delivery, and quality control. It addresses key aspects of Philippine commercial law, including provisions from the Civil Code, Consumer Act, and Price Act, while incorporating international best practices in supply chain management. The agreement typically includes comprehensive terms on pricing mechanisms, quality standards, compliance requirements, and risk allocation, making it suitable for both domestic and international trade relationships. It's designed to provide clarity and certainty in long-term business relationships while ensuring compliance with Philippine regulatory requirements and business practices.
Suggested Sections

1. Parties: Identification of the supplier and buyer entities, including full legal names and addresses

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

3. Definitions: Detailed definitions of terms used throughout the agreement

4. Supply Obligations: Core obligations of the supplier including quality, quantity, and delivery requirements

5. Term and Renewal: Duration of the agreement and conditions for renewal

6. Ordering Process: Procedures for placing and accepting orders

7. Pricing and Payment Terms: Price structure, payment terms, invoicing requirements, and price adjustment mechanisms

8. Delivery and Acceptance: Delivery terms, timelines, inspection rights, and acceptance procedures

9. Quality Requirements: Quality standards, specifications, and quality control procedures

10. Warranties: Warranties regarding products, services, and general performance obligations

11. Title and Risk: Transfer of ownership and risk allocation

12. Compliance and Regulations: Regulatory compliance requirements and applicable standards

13. Confidentiality: Protection of confidential information and trade secrets

14. Intellectual Property: IP rights, licenses, and protections

15. Liability and Indemnification: Limitation of liability and indemnification obligations

16. Force Majeure: Events excusing performance and related procedures

17. Termination: Termination rights, procedures, and consequences

18. Dispute Resolution: Process for resolving disputes, including jurisdiction and governing law

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

Optional Sections

1. Insurance: Specific insurance requirements - include when high-value goods or significant risks are involved

2. Environmental Compliance: Environmental standards and obligations - include for industries with environmental impact

3. Security Requirements: Security protocols and requirements - include for sensitive products or information

4. Business Continuity: Business continuity and disaster recovery requirements - include for critical supply relationships

5. Anti-Corruption: Anti-corruption and ethical business practices - include for international trade or high-risk markets

6. Data Protection: Data protection and privacy requirements - include when personal data is processed

7. Performance Metrics: KPIs and performance measurement - include for complex service arrangements

8. Training and Support: Training and technical support provisions - include for technical products or services

9. Customs and Export: Customs and export control provisions - include for international supply arrangements

Suggested Schedules

1. Product Specifications: Detailed technical specifications of products or services

2. Pricing Schedule: Detailed pricing information, including any volume discounts or special pricing arrangements

3. Service Levels: Detailed service level requirements and measurement criteria

4. Key Personnel: List of key personnel from both parties responsible for managing the relationship

5. Approved Locations: List of approved manufacturing, storage, or delivery locations

6. Quality Control Procedures: Detailed quality control and testing procedures

7. Order Form Template: Standard form for placing orders under the agreement

8. Reporting Templates: Templates for required performance or quality reports

9. Business Continuity Plan: Detailed procedures for managing supply disruptions

10. Change Control Procedure: Process for managing changes to specifications or requirements

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions










































Clauses
















































Relevant Industries

Manufacturing

Electronics

Automotive

Fast-Moving Consumer Goods

Pharmaceuticals

Food and Beverage

Retail

Telecommunications

Industrial Equipment

Chemical Industry

Construction Materials

Textiles and Apparel

Agriculture and Food Processing

Relevant Teams

Procurement

Legal

Operations

Quality Assurance

Finance

Supply Chain

Compliance

Risk Management

Production

Logistics

Commercial

Vendor Management

Relevant Roles

Procurement Manager

Supply Chain Director

Legal Counsel

Commercial Director

Operations Manager

Quality Assurance Manager

Contract Administrator

Chief Financial Officer

Sourcing Manager

Vendor Relations Manager

Compliance Officer

Risk Manager

Production Manager

Logistics Manager

Business Development 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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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