SUPPLY AGREEMENT TERM SHEET
VI. Confidentiality and Intellectual Property
- Confidentiality:
Both parties agree to maintain the confidentiality of all proprietary information exchanged.
- Intellectual Property:
All intellectual property rights related to the supplied products/services remain with the Supplier.
VII. Dispute Resolution
- Governing Law:
Laws of the State of [Your State]
- Dispute Resolution:
Any disputes shall be resolved through mediation followed by binding arbitration if necessary.
VIII. Miscellaneous
- Force Majeure:
Events beyond reasonable control shall not be considered a breach of contract.
- Assignment:
Neither party may assign rights or obligations without prior written consent.
- Entire Agreement:
This Term Sheet constitutes the entire agreement between the parties.
IX. Signatures
Both parties acknowledge their agreement to the terms and conditions outlined in this Supply Agreement Term Sheet.
Signed by:
![](https://editors-cdn.template.net/004e8e8b3a318-3c70f32d-42e8-4504-bdcc-a6a7c849a9dc.png)
[Your Name]
[Your Title]
[Date]
![](https://editors-cdn.template.net/004e8e8b3a318-3c70f32d-42e8-4504-bdcc-a6a7c849a9dc.png)
[Buyer's Contact Person Name]
[Buyer's Title]
[Date]
This Supply Agreement Term Sheet is valid from January 1, 2050, until December 31, 2054, unless terminated earlier as per the terms herein.
Restructuring Term Sheet Template