Contents
In a Hardware Supply Agreement, a buyer and seller strike a deal. Typically, the seller agrees to supply the buyer with specific goods, such as computer equipment, and the buyer agrees to purchase from the seller, sometimes exclusively.
Securing a Hardware Supply Agreement can be beneficial for both parties, ensuring a favourable deal. Conversely, a poorly drafted agreement can lead to disputes and legal issues for one or both parties.
It’s crucial to formalise the supply of your hardware in a legal document to guarantee payment, limit liability, and ensure that legal protections, rights, and responsibilities tailored to your business are clearly outlined in the contract.
What Is Included In A Hardware Supply Agreement?
We’ll include the following essential clauses in a Hardware Supply Agreement:
- Payment terms and procedures
- Ordering processes
- Transfer of title and security interests under the Personal Property Securities Act 1999
- Defects and warranty provisions
- Duration of the agreement
- Delivery terms
- Limitations of liability regarding specifications, quality, and any loss incurred in relation to the agreement
- Termination procedures
We’ll also prepare a cover page so that you can utilise this agreement with various customers. With our straightforward drafting approach, our contracts will be clear and comprehensible for your customers.
Need Help?
If you’re wondering whether you need a Hardware Supply Agreement, don’t hesitate to get in touch with us at [email protected] or call us on 0800 002 184 to learn more!
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