Alexandra Palace
Commercial Agreement
Between the undersigned:
[Your company name], located at [Address], represented by [Representative’s Name], hereinafter referred to as “the Supplier”,
And
[Partner/Client’s name], located at [Address], represented by [Representative’s Name], hereinafter referred to as “the Client”.
1. Purpose
This agreement aims to define the terms and conditions under which the Supplier agrees to provide the Client with the following products or services: [Describe the products/services].
2. Duration
This agreement shall be effective from [Start Date] for a period of [Duration], and may be renewed or terminated according to the conditions set forth below.
3. Financial Terms
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Price: The products/services will be invoiced at the rate of [Amount] excluding VAT/including VAT.
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Payment Terms: Payment must be made within [Deadline, e.g., 30 days] after receipt of the invoice.
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Late Payment Penalties: In the event of late payment, a penalty of [Interest rate, e.g., 5%] will be applied.
4. Obligations of the Parties
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Supplier: Ensure the delivery of products/services in accordance with the agreed specifications.
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Client: Comply with the payment terms and cooperate to ensure the proper execution of the agreement.
5. Confidentiality
The parties agree not to disclose any confidential information obtained under this agreement.
6. Termination
In case of non-compliance with obligations, either party may terminate the contract after providing written notice with a notice period of [Deadline, e.g., 30 days].
7. Disputes
Any dispute will be submitted to the competent courts of [City or jurisdiction].
Made in two copies, signed by the parties:
The Supplier:
Name: __________________________
Signature: _____________________
The Client:
Name: __________________________
Signature: _____________________