

Partner with Confidence: Draft vendor agreements to establish clear terms, define deliverables, and grow your business relationships from start to finish.
Jim Clark Co.
This Vendor Agreement ("Agreement") is made and entered into on , by and between:
1. Term of Agreement
This Agreement shall commence on and shall:
End on
Continue on a month-to-month basis until terminated by either party with days' written notice.
2. Scope of Goods or Services
Vendor agrees to provide the following goods and/or services (the “Deliverables”):
All Deliverables shall conform to the specifications listed above and shall be subject to quality standards detailed in Section 6.
3. Delivery Schedule
Deliverables shall be:
Delivered in a single installment by
Delivered in recurring installments according to the following schedule:
Delivered upon request within days of written notice by the Client.
Delivery Location (if applicable):
Time is of the essence in the performance of this Agreement unless otherwise agreed upon in writing.
4. Payment Terms
Total Contract Value: $
Payment shall be made as follows:
Lump sum payment of upon completion
Installments of $ due on
50% deposit of $ due upon signing, balance due on
Payment Method:
Late payments shall incur a penalty of $ or % per month, whichever is greater.
5. Performance Standards
Vendor agrees to perform all services and deliver all goods:
6. Vendor Responsibilities
Vendor shall:
7. Client Responsibilities
Client shall:
8. Confidentiality and Non-Disclosure
If either party gains access to confidential or proprietary information of the other, it shall:
This clause shall survive termination of the Agreement for a period of years.
9. Intellectual Property and Usage Rights
All intellectual property created by the Vendor in the course of this Agreement shall be:
The sole property of the Client
Licensed to the Client for use under .
Vendor shall not reproduce, sell, or use the Client’s branding, content, or data without written consent.
10. Amendments
This Agreement may only be amended in writing, signed by both Parties. No oral modifications shall be binding.
11. Termination
This Agreement may be terminated:
Upon termination, the Client shall pay for all completed work or delivered goods to date, unless terminated due to Vendor’s default.
12. Insurance and Legal Compliance
Vendor represents and warrants that it maintains:
General liability insurance in the amount of $
Workers’ compensation coverage (if applicable)
Additional:
Vendor shall comply with all applicable laws and regulations including labor, tax, and safety codes.
13. Force Majeure
Neither Party shall be liable for failure to perform due to unforeseen circumstances beyond their control, including but not limited to natural disasters, war, government orders, strikes, or power outages.
Obligations shall resume as soon as performance becomes possible.
14. Limitation of Liability and Indemnification
To the fullest extent permitted by law:
15. Dispute Resolution
In the event of a dispute, the Parties agree to:
Attempt to resolve disputes through informal negotiation
Proceed to mediation or binding arbitration prior to litigation
Litigate in the courts of
The prevailing party shall be entitled to recover reasonable attorneys' fees and costs.
16. Entire Agreement
This document constitutes the entire agreement between the Parties and supersedes all prior or contemporaneous agreements. No oral statements or prior written materials shall alter the meaning or intent of this Agreement.
By signing below, both parties acknowledge that they have read, understood, and agreed to the terms of this Agreement.
A vendor agreement is an agreement made between a business (client) and its vendors supplying the products or services. It spells out everything clearly, from what will be provided to the cost and when it will occur. Everything in black and white upfront reduces the risk of conflicts and paves the way for a smooth, drama-free partnership that keeps a business running like a well-oiled machine!
A vendor supplies the goods and services a business needs to keep firing on all cylinders! But who exactly qualifies as a vendor?
Not all vendor agreements are created equal! Just like businesses have different strengths, there are different vendor agreements to suit specific needs.
Vendor agreements are blueprints for building a dream team of suppliers and service providers. They ensure everyone's in sync and working towards the same goals. But what exactly should be included in these agreements? Let's break it down!
Including these important things in an agreement with a vendor creates a clear and safe plan for a successful business relationship!
Even the best business partners (vendors) might have disagreements. That's where these vendor-specific terms come in—they're like special clauses that ensure a smooth partnership:
Understanding these terms is like having a secret decoder ring for your vendor agreement. They help ensure everyone's expectations are clear, responsibilities are well-defined, and the business relationship thrives!
With vendors as partners, nothing can hold a business back, except drafting up that paperwork! With Butterscotch's customizable templates, you can streamline the contract drafting process. Here's why you'll love us:
With Butterscotch, managing vendor agreements becomes a breeze, freeing you to focus on what matters—building a thriving business!
Answers to our most asked questions about vendor agreement templates
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