Inventory Purchase Agreement Template for Nigeria

1. Import/Export Provisions: Required if inventory involves international trade, covering customs, duties, and compliance

2. Storage Requirements: Needed if specific storage conditions must be maintained for the inventory

3. Insurance: Detailed insurance requirements if specific coverage is needed beyond standard provisions

4. Intellectual Property: Required if the inventory involves branded products or proprietary items

5. Exclusivity: Optional provisions for exclusive supply or purchase arrangements

6. Minimum Purchase Requirements: Include if there are minimum quantity commitments

7. Performance Metrics: Optional KPIs and performance measurement criteria

8. Environmental Compliance: Required for inventory subject to environmental regulations

9. Return and Replacement: Detailed procedures for handling defective or excess inventory

10. Training and Support: Include if seller must provide training on inventory handling or use

1. Schedule A - Inventory Specifications: Detailed technical specifications of all inventory items

2. Schedule B - Pricing Schedule: Comprehensive pricing details, including any volume discounts

3. Schedule C - Delivery Locations: List of approved delivery locations and specific requirements

4. Schedule D - Quality Standards: Detailed quality requirements and testing procedures

5. Schedule E - Order Form Template: Standard format for submitting purchase orders

6. Schedule F - Key Contacts: List of key personnel and their roles from both parties

7. Appendix 1 - Service Level Agreement: Performance metrics and service standards if applicable

8. Appendix 2 - Compliance Certificates: Required regulatory or quality certifications

9. Appendix 3 - Return Procedures: Detailed procedures for product returns and replacements

10. Appendix 4 - Handling Instructions: Specific instructions for inventory handling and storage