Sole Supply Agreement Template for Austria

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Key Requirements PROMPT example:

Sole Supply Agreement

"I need a Sole Supply Agreement for our Austrian manufacturing company to be the exclusive supplier of automotive components to a major car manufacturer, starting March 2025, with strict quality control requirements and minimum purchase commitments."

Document background
The Sole Supply Agreement is a crucial commercial contract used when establishing exclusive supply relationships in the Austrian market. It is particularly relevant when a business seeks to secure a reliable, exclusive source of products, materials, or components, or when a supplier wants to establish a dedicated supply channel. The agreement must carefully balance commercial objectives with legal compliance, particularly regarding Austrian and EU competition laws. It typically includes comprehensive terms covering supply obligations, exclusivity provisions, quality requirements, pricing mechanisms, and risk allocation. This document is essential for businesses operating in Austria who want to formalize long-term, exclusive supply arrangements while ensuring regulatory compliance and commercial certainty.
Suggested Sections

1. Parties: Identification and details of the supplier and buyer

2. Background: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Supply Obligations: Core obligations of exclusive supply, including minimum purchase commitments

5. Exclusivity Provisions: Terms of exclusivity, territorial scope, and any permitted exceptions

6. Ordering Process: Procedures for placing and accepting orders

7. Pricing and Payment: Price calculation, payment terms, and price adjustment mechanisms

8. Delivery and Risk: Delivery terms, transfer of risk, and Incoterms where applicable

9. Quality Requirements: Product specifications, quality standards, and compliance requirements

10. Warranties: Product warranties and quality guarantees

11. Term and Termination: Duration, renewal, and termination provisions

12. Confidentiality: Protection of confidential information and trade secrets

13. Force Majeure: Events excusing performance and related procedures

14. Governing Law and Jurisdiction: Austrian law application and dispute resolution provisions

15. General Provisions: Standard boilerplate clauses including assignment, severability, and entire agreement

Optional Sections

1. Compliance with Competition Law: Detailed provisions ensuring compliance with EU and Austrian competition laws, required for high-value or market-significant agreements

2. Intellectual Property Rights: IP ownership and licensing provisions, needed when branded or proprietary products are involved

3. Storage and Warehousing: Requirements for product storage, relevant for perishable goods or special storage needs

4. Marketing and Promotion: Terms for joint marketing activities or promotional requirements

5. Insurance Requirements: Specific insurance obligations, important for high-value or high-risk products

6. Data Protection: GDPR compliance provisions, required when personal data processing is involved

7. Environmental Compliance: Environmental standards and sustainability requirements, relevant for environmentally sensitive products

8. Import/Export Compliance: International trade compliance provisions, needed for cross-border supply arrangements

Suggested Schedules

1. Product Specifications: Detailed technical specifications of products covered by the agreement

2. Pricing Schedule: Detailed pricing structure, including any volume discounts or special pricing arrangements

3. Quality Standards: Specific quality requirements, testing procedures, and acceptance criteria

4. Service Levels: Performance metrics and service level requirements

5. Approved Production Facilities: List of authorized manufacturing or production locations

6. Delivery Locations: Approved delivery points and associated requirements

7. Key Personnel: Contact details for key representatives from both parties

8. Form of Purchase Order: Standard form for placing orders under the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Manufacturing

Automotive

Chemical

Pharmaceutical

Food and Beverage

Electronics

Industrial Equipment

Consumer Goods

Raw Materials

Textiles

Agriculture

Construction Materials

Medical Devices

Packaging

Relevant Teams

Legal

Procurement

Supply Chain

Operations

Commercial

Compliance

Quality Assurance

Business Development

Finance

Risk Management

Relevant Roles

Procurement Manager

Supply Chain Director

Commercial Director

Chief Operating Officer

Purchasing Manager

Legal Counsel

Contract Manager

Business Development Manager

Operations Manager

Quality Assurance Manager

Supply Chain Analyst

Vendor Relations Manager

Strategic Sourcing Manager

Chief Commercial Officer

Compliance Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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