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Looking to draft a Contract for a Vendor
06-Jan-2023 (In Startup Law)
Hi,
We run a company called Borderline Studio. We design our own furniture, carpets and table top objects.
We want to draft a contract to have with our vendors who product the objects. This would relate to manufacturers, preventing them from using our designs to sell directly to other buyers or customers. It would also ensure terms are adhered to such as - mutually agreed delivery time; certain quality level below which the vendor would take the piece back or repair it within a stipulated time, etc.
Please provide best rare for this service.
Thanks
Dear Concern,
Please take note -
01. You need to sign one contract with the one who is manufacturing your furniture, carpets and table top objects as per your order which will put an embargo upon them from selling the designs and similarly designed based products to other party. This contract will further specify the terms and conditions of manufacturing the product including quality standard, consideration, timely delivery etc.
02. You need to sign another contract with the vendors which will restrict them to act as an authorized agent for some other company dealing in the same business. It is called distribution agreement.
03. It is the distributors which ultimately sell it to the retailers from where a customer buy a product. The only way to get the distributor out of scene is to -
(a) establish an online portal from where all your customer can buy your product as well as local showrooms in all possible locations. Otherwise you will be restricting your scope of business expansion.
An ideal guy shall be asking you around ₹ 7500 to ₹10,000 per drafting of these contracts.
Besides this, it is also suggested that you should get your designs protected under Design Act so that in case someone still copies your product then you may sue him for the same. Copying of designs are IPR infringement provided you have protected under relevant IPR laws.
Please take note -
01. You need to sign one contract with the one who is manufacturing your furniture, carpets and table top objects as per your order which will put an embargo upon them from selling the designs and similarly designed based products to other party. This contract will further specify the terms and conditions of manufacturing the product including quality standard, consideration, timely delivery etc.
02. You need to sign another contract with the vendors which will restrict them to act as an authorized agent for some other company dealing in the same business. It is called distribution agreement.
03. It is the distributors which ultimately sell it to the retailers from where a customer buy a product. The only way to get the distributor out of scene is to -
(a) establish an online portal from where all your customer can buy your product as well as local showrooms in all possible locations. Otherwise you will be restricting your scope of business expansion.
An ideal guy shall be asking you around ₹ 7500 to ₹10,000 per drafting of these contracts.
Besides this, it is also suggested that you should get your designs protected under Design Act so that in case someone still copies your product then you may sue him for the same. Copying of designs are IPR infringement provided you have protected under relevant IPR laws.
Helpful?
Adv. Pulkit Prakash
Delhi | 400+ Answers
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I can offer you drafting of such 'Vendor Agreements' at Rs 8,000. Please contact me for further assistance.
The draft agreement would include clauses to protect your intellectual property as well as clauses for time bound delivery of the items.
The draft agreement would include clauses to protect your intellectual property as well as clauses for time bound delivery of the items.
Helpful?
Adv. Ritu Rajkumari
Delhi | 25+ Answers
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