SUPPLY AGREEMENT This Supply Agreement (the “Agreement”) is executed and effective from [DATE], BETWEEN [COMPANY NAME], 2 company incorporated under [LAW] with registered office at [ADDRESS], through [NAME] as an authorized representative, hereinafter to be referred to as ‘the Supplier” AND. [COMPANY NAME], a company incorporated under [LAW] with registered office at [ADDRESS], through [NAME] as an authorized representative, hereinafter to be referred to as “the Purchaser” WHEREAS the Supplier currently supplies and distributes [SPECIFIC GOOD], hereinafter to be referred to as ‘the Product’; WHEREAS the Supplier, for the pri and subject to the terms and conditions contained herein, desires to sell and deliver the Product to the Purchaser, on an ongoing basis and as its exclusive supplier and fulfill all of the Purchaser's Product requirement; WHEREAS the Purchaser is prepared to buy the Product from the Supplier as per the terms set forth in the Agreement; Therefore, in consideration of the mutual covenants and promises contained herein, the parties hereto agree as follows: 1. SALE AND PURCHASE OF PRODUCTS 1. The Supplier hereby agrees and undertakes to sell to the Purchaser, and the Purchaser agrees and undertakes to purchase from The Supplier, for the price and subject to the terms and conditions contained he . the total requirements of Product needed by the Purchaser for its daily manufacturing and distributing activities for the term of this Agreement. The purchaser at the time of signing o this agreement estimates the annual requirement to be [QUANTITY].2._ TERM, 2.1. The agreement commences from the date of signing and shall be for a term 4 years unless terminated by either party in accordance to the provisions contained herein. 3._ORDER AND DELVERY OF GOODS LL. The Purchaser shall raise a demand of the goods for the coming month through a written communication by 21" of every calendar month, The consignment of goods shall be ready to be dispatched by the Supplier by 5® of every calendar month, ‘3.2. It shall be the obligation of the Supplier to arrange for the delivery from its warehouse to the Purchaser's registered office on its own cost which shall not be shared by the Purchaser. If the Supplier is unable to dispatch the items due to events beyond its control, the Purchaser may use its recourses for the purpose and later claim for the cost ineurred. ‘3.3. The Purchaser may amend or modify or cancel the purchase order within 5 days of the issuance of the same, beyond which the Purchaser shall be liable to pay the amount to the Supplier as per the original purchase order 4. PRICE & PAYMENT 4.1. The rates of the goods shall remain consistent for 1* year of the Agreement, as decided by the parties. Beyond which it may be revised mutually. 4.2. The payment shall be made by the Purchaser within 10 days of the delivery of the goods by cheque in the name of the authorized representative 4.3. In event where the payment is delayed, the Supplier shall be entitled to interest of 5% (five) for cach day of delay. S_DESCRIPTION OF GOODS SLL. The goods delivered to the Purchaser shall as per the description provided in the brochures of the Supplier and shall not be damaged or subpar. 5.2. If the Purchaser receives ay goods that are damaged or sub-par, then the Supplier shall be informed within a period of 3 days, who, after due inspection, shall replace the delivered good at the earliest 6_WARRANTY 6.1. The Supplier warrants that, for a period of 6 months from the date of delivery (warranty period), the Goods shall conform in all material respects with the Specification and be free from material defects in design, material and workmanship.7._TERMINATION ‘LL If the Supplier fails to observe or perform any of the conditions on its part to be observed and performed and fails to remedy any such breach within 45 Days of notice thereof from the Purchaser, then the Purchaser shall be entitled to serve a written notice to the Supplier declaring that this Contract stands terminated with immediate effect. &_ CONFIDENTIALITY 8.L. The parties shall keep strictly confidential and shall to disclose to any other third party, without the other party's prior consent, any document or information that may be commercial or of technical nature which is furnished by the other party as required by the Agreement. 8.2. GOVERNING LAW AND JURISDICTION This Agreement and any dispute or claim arising out of or in connection with it shall be governed by, and construed in accordance with the law of (Law), 83. Each party irrevocably agrees that the matter relating to clause 9.1 shall be adjudicated at the [cry], 9, MODIFICATION TO THE AGREEMENT 9.1.No amendment, variation or modification to this Agreement shall be effective unless it is in writing and signed by the parties (or their authorised representatives). 10, ENTIRE AGREEMENT. 0. This agreement shall superseded and extinguish all previous agreements, promises, warranties, representation and undertakings between the parties, relating to the subject matter, whether be written or oral. 10.2. ‘The parties agree that they shall have no remedy, in respect of any statement, promises, warranties, representation and undertakings, not set out in this agreement, IN WITNESS HEREOF, each party to this Agreement has caused it to be executed at [PLACE OF EXECUTION] on the date as indicated above. ‘THE COMPANY ‘THE FIRM AUTHORIZED SIGNATURE AUTHORIZED SIGNATURELEGAL NAME AND TITLE OF LEGAL NAME AND TITLE OF AUTHROPIZED REPRESENTATIVE AUTHRORIZED REPRESENTATIVE