A vendor contract, sometimes referred to as a vendor agreement, is a document that establishes a business relationship between two parties. It makes it clear that there will be an exchange of goods or services for compensation and details each party’s obligations throughout the duration of the business relationship.
So what should it include? While the items covered will vary based on the nature of the contract and the unique relationship between the parties, here’s a checklist of the most common and important clauses to look for in a vendor contract.
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