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GLS Checklist: Supply of Goods Agreement
US$99
The Problem: You need to review/prepare a Supply of Goods Agreement.
You need to know what to look for when reviewing a Supply of Goods Agreement.
Related challenges include:
- the agreement may allocate significant delivery, quality or supply risk to your business
- you may not realise the pricing or volume commitments are commercially unsustainable
- you may miss obligations relating to forecasts, stockholding or minimum purchase requirements
- you may not know whether the product specifications are clear, measurable or achievable
- you may overlook broad rejection, return or replacement rights favouring the other party
- you may not identify liability exposure relating to delays, defects or supply chain disruptions
- you may fail to spot gaps around title, risk transfer or ownership of goods
- you may assume supply agreements are operational documents when they often contain major legal exposure
- you may not know what supply positions are market standard versus commercially aggressive
- the problem becomes worse when reviewing large customer, distributor or procurement-driven paper
The web has lots of checklists – but are they any good?
The GLS Solution: An intuitive checklist to guide you through the key issues in a Supply of Goods Agreement.
GLS Checklists™ flag the key issues you need to be aware of in a wide range of commercial agreement so you can be confident in the agreement that you are reviewing/signing.
This checklist is for a Supply of Goods Agreement.
Useful to both legal teams and lay-persons, this GLS Checklist™ flags the issues that ought to be considered when reviewing an agreement of this type.
GLS Checklists™ distill years of professional legal experience into a simple and easy to follow checklist that helps you step through the issues.
Remember, its not what you know that is usually the problem - its what you don't know. So let this checklist help you conduct your review.
Be sure also to carefully explore the Trading Line on the GLS Startup Legal Journey Map - all the intelligence presented there is available to you for free and answers a wide range of common Supply of Goods related queries Founders might have.
In particular, check out the Sales Agreements Station.
There are plenty of checklists found on the Web but few are regularly maintained by a legal services group dedicated to empowering you to achieve more yourself.
Check out the solution sample on the right to decide if this checklist is what you are looking for.
Problem solved.
Deliverables: A world class Supply of Goods Agreement Checklist
Checklist Assets & Benefits
| GLS Checklist: | You will receive a high-quality GLS Checklist structured for efficient and practical legal review - comprising an intuitive Y/N review framework, drafting tips, recommendations, and examples. It couldn't be easier to follow. |
| Delivery: | In most cases, your checklist will be delivered instantly to your dedicated “My Legal Department” channel within the GLS Startup Support Centre. |
| GLS Discount: | As a purchaser of a GLS Checklist, you will be entitled to a 10% credit on any subsequent GLS review solution (i.e. Overflow or Kickstarter) that you purchase in relation to the relevant Agreement or Issue Checklist. |
| GLS Legal On Call (Free) | Following your purchase, you will instantly qualify for inclusion in the GLS Legal On Call (Free) solution - giving you, in effect, access to up to 30 minutes of in-house lawyer time. |
| Checklist Voucher: | We will also provide you with a 20% discount voucher code for any additional GLS Checklists that you purchase within 90 days of your initial checklist order. |
| Constant Updates: | All our templates are regularly updated to track emerging market practices. |
Pricing Comparison
| Big Law Review | US Rate | GLS Cost | Minutes |
|---|---|---|---|
| Partner | $850 | $99 | 7 mins |
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US$99.00
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Sample Solution
