Document background
This Preferred Vendor Agreement template is designed for use under Belgian law when a company wishes to establish a strategic, long-term relationship with a key supplier. It is particularly relevant when the customer wants to secure preferential treatment, such as priority supply, preferred pricing, or dedicated support, while the vendor benefits from a committed revenue stream and preferred status. The document incorporates essential elements required under Belgian commercial law and EU regulations, including compliance with the Belgian Code of Economic Law, competition law requirements, and GDPR provisions. It typically includes detailed schedules for pricing, service levels, and operational procedures, making it suitable for complex supply relationships where the parties intend to develop a close commercial partnership. The agreement is structured to accommodate both domestic Belgian transactions and cross-border relationships within the EU framework.
