SUPPLY AGREEMENT NO. …………….
THIS SUPPLY AGREEMENT is made and entered into as of ………………, 2022, by and between:
_________ S.p.A. (hereinafter the “Supplier”), having its registered office at …………….., VAT number …………………….., incorporated on ………………….. before …………., notary public, and registered at number ………….. with the _______ Chamber of Commerce
and
_______________(hereinafter the “Buyer”), having its registered office at ____________, tax identification number ________, incorporated on …………… registered with the Commercial Registry of _________________, represented by Mr. ______________, identification card number ____________ by virtue of the power of attorney granted to him on __________ before Mr. _______________, notary public.
1. Subject of the Agreement
1.1 The Buyer shall purchase from the Supplier the following products (the “Products”) in the quantities and at the prices indicated herein:
| QUANTITY | DESCRIPTION | UNIT PRICE IN EUROS | TOTAL PRICE IN EUROS |
| € | € | ||
| € | € | ||
| € | € |
TOTAL: €
1.2 All other costs, including but not limited to transportation and insurance costs, customs duties and taxes, relating to this agreement shall be borne by the Buyer.
1.3 The parties may amend this agreement to include products in addition to those set forth in Article 1.1 above, provided that they agree in writing on the quantity and price of said additional products.
1.4 The technical specifications of the Products are set forth in Annex 1 hereto.
2. Payment
2.1 The Products supplied by the Supplier to the Buyer hereunder shall be paid for in full by the Buyer on or before 30 days following the date on which the relevant invoice is issued by the Supplier, by wire transfer to the bank and account number specified by the Supplier in writing from time to time.
2.2 Should the Buyer fail to effect payment in accordance with the provisions of this Article 2.1, then the Supplier shall be entitled, in its sole discretion, and without incurring any liability for damages, to refuse to deliver any Products ordered by the Buyer and not yet delivered or to postpone delivery and/or to declare this agreement terminated.
2.3 The Buyer shall inform the Supplier in writing of any defects or non compliance of the Products within …… days following delivery thereof, failing which all claims of the Buyer in respect of said Products shall be deemed to have been waived.
2.4 Title to the Products shall pass to the Buyer only when the Buyer has effected payment in full of the price thereof. If the Buyer fails to pay for the Products in full, the Supplier shall be entitled to collect the Products in question, while reserving the right to seek any other judicial remedies available to it in respect of the damages suffered.
3. Assignment
3.1 Neither party shall assign any right or delegate any obligation arising out of this agreement without the other party’s prior written consent.
4. Delivery terms
The entire draft agreement is available to the companies that will demand it. Any dissemination, publishing and reproduction in internet, on the social media and in any other form is expressly prohibited without the prior consent of LEX IBC.