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Vendor Agreements
Vendor agreements in list form for a startup typically refer to a structured document that outlines all the agreements a startup has with its vendors. These agreements define the terms and conditions under which vendors provide goods or services to the startup.
A well-organized vendor agreement list might include:
- Vendor Name: The official name of the supplier or service provider.
- Business Address & Contact Details: Essential for communication and legal purposes.
- Services/Products Provided: A brief description of what the vendor supplies.
- Payment Terms: Details on payment methods, amounts, and deadlines.
- Agreement Duration: Start and end dates, if applicable.
- Terms & Conditions: Key clauses such as delivery expectations, quality standards, and termination policies.
Startups often use templates to streamline vendor agreements, ensuring clarity and legal protection.
Written by Swedish Ventures, Rolf Olsson. Remarks to this article could be sent to glossary@swedishventures.se.
ASO: DD-02-03