Document background
The Master Development And Supply Agreement is essential for businesses engaging in complex manufacturing relationships where custom development precedes ongoing supply arrangements. This agreement type is particularly relevant in the Philippine context, where it must comply with local commercial, intellectual property, and industry-specific regulations. It is commonly used when a customer requires specially developed products or components that will be supplied on a long-term basis after the development phase. The agreement covers crucial aspects such as development specifications, acceptance criteria, supply terms, quality requirements, pricing mechanisms, and intellectual property rights. It's designed to protect both parties' interests while ensuring compliance with Philippine laws, including the Civil Code, Intellectual Property Code, and relevant industry regulations. The document is particularly important for businesses operating in regulated industries or dealing with complex technical requirements that necessitate a structured development process followed by systematic supply arrangements.
