10 Essential Clauses to Include in Your Vendor Agreement

A vendor agreement is a crucial document that outlines the terms and conditions of a business relationship between a company and a vendor. It's essential to include specific clauses in your vendor agreement to protect your business interests and ensure a successful partnership. Here are 10 essential clauses to include in your vendor agreement:

1. Scope of Work

2. Payment Terms

3. Delivery Schedule

4. Warranty and Liability

5. Confidentiality

6. Intellectual Property

7. Termination

8. Dispute Resolution

9. Governing Law

10. Entire Agreement

By including these essential clauses in your vendor agreement, you can ensure a successful and profitable partnership with your vendor.