A Vendor Agreement is an agreement which specifies the conditions under which the vendor will perform the work.
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A Vendor Agreement is an agreement which specifies the conditions under which the vendor will perform the work. It is a detailed agreement which covers various aspects such as the quality of goods supplied or service provided, duration of the contract, terms and mode of payment. This type of agreement would be useful to those who willhost large event such as a trade exhibition where several vendors will be selling their products.
The risk of future litigation will be minimised if we use a well drafted vendor agreement because all the rights and duties of both parties are clearly written down in the agreement.
The agreement can be made to specify exactly how will the vendor work. The vendor also can specify the space to be allotted, any amenities available to him and the mode of payment.
After reviewing the draft, if you have any clarifications or changes to make, the assigned lawyer will discuss it with you and implement them. Two rounds of such modifications will be provided at no extra cost.