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For use where a Principal contracts with a Manufacturer to manufacture electro-mechanical sub-assemblies for Principal in accordance with
mutually agreed upon Device Specifications. For example, a computer manufacturer desires to contract for the manufacture of "mother" boards for the
Principal's computers.
Master agreement provides for a possible series of manufacturing projects, each defined by separate Work Order (thereby eliminating the need to
enter into separate manufacturing agreements for each project).
This is not a static downloadable form -- my embedded logic selects, orders, arranges, and formats my carefully worded clauses from the ContractMaker database and "intelligently" assembles your document -- you're empowered to create a near-custom agreement with 1000's of meaningful variations.
- The key to a successful Hardware Sub-Assembly Manufacturing Agreement is providing for a "signable" agreement that covers the
basic terms and conditions -- this agreement provides for the basic terms and conditions concisely, permitting the parties to focus on the
business issues in Work Orders.
- Work Orders for production and delivery on an as-needed basis
- Provides for forecasting of assembly needs
- Option for component cost to be adjusted to reflect any previously agreed upon charge for overhead and profit that the parties may
agree from time to time is attributable to such adjustment in direct cost
- Provides for email to be used for notices and Work Orders
- Confidential Information exchange may be either unilateral or reciprocal
- Change Orders for modifications to Device Specifications
- Option for dispute resolution by arbitration
One of the great benefits of our ContractMaker service is that if you're not sure how to structure your transaction, or if you want to develop "fall back" positions for negotiation purposes, you may draft alternate variations of this document at no extra charge to assist you in developing your strategies.
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