What is Vendor Agreement?
A Vendor Agreement is an agreement stipulating the conditions under which the work is to be performed by the vendor. It is a comprehensive agreement covering various aspects such as the quality of goods supplied or service provided, duration of the contract, terms and mode of payment.
Such an agreement would be useful to those hosting a large event (a trade exhibition, for example) where several vendors will be selling their wares.
A comprehensive agreement covering various aspects of a relationship with a vendor, including quality of goods supplied, duration of contract and mode of payment.
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