When negotiating a commercial agreement with a supplier, their contract must include key terms and conditions. This helps you ensure that:
It includes:
Part I - Commercial Considerations:
- the supplier's service or product will meet your needs;
- should an issue arise, you have clear rights and consequences for the supplier; and
- the risk of supplier underperformance is reduced.
It includes:
Part I - Commercial Considerations:
- Goods and/or Services
- Price
- Service
- Levels
- Milestones
- Warranty
- Term and Termination.
- Indemnities
- Modern Slavery
- Data and Privacy
- Intellectual Property
- Liability.
About LegalVision
LegalVision is a market disruptor in the commercial legal services industry. Our innovative business model and custom-built technology assist our lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and New Zealand and has assisted over 150,000 businesses.The firm has won Law Firm of the Year at the Australasian Law Awards and named fastest-growing law firm in the Asia-Pacific by the Financial Times.