MANAGED SERVICES AGREEMENT

This Agreement sets forth the terms and conditions of the arrangement under which (insert customer name) will utilize SupplyOne as its primary source for innovative packaging solutions. This includes, but is not limited to, corrugated containers, packaging materials, labels, thermoformed plastic, fabricated foam, janitorial and other miscellaneous supplies. This agreement also provides for (insert customer name)to utilize specific services offered by SupplyOne.

PRODUCTS

(Insert customer name) agrees to continue purchasing from SupplyOne all current part numbers (attachment A) as well as additional items mutually agreed to be supplied (attachment B). If SupplyOne cannot provide a quality product in a timely fashion, (insert customer name) has the right to acquire that product from another vendor.

MANAGED SERVICES

(Insert customer name) agrees to utilize the following “Managed Services” offered by SupplyOne upon the execution of this Agreement:

  • (List Managed Service)
  • (List Managed Service)
  • (List Managed Service)

AGREEMENT PERIOD

This Agreement shall be effective (INSERT START DATE) and will automatically renew annually.

Either party has the right to cancel this agreement upon providing sixty (60) days prior written notice to the other. If either party cancels this Agreement, (insert customer name) agrees to purchase, within sixty (60) days, all inventories that are not saleable in the ordinary course of business to other customers of SupplyOne. Purchase prices for such inventory shall be those in effect at the date notice of termination was delivered.

PAYMENT TERMS

Payments shall be made on the basis of (insert local terms).

PRODUCTION AUTHORIZATION

Prior to the production of any custom-made corrugated containers or any other custom-produced product, (insert customer name) agrees to provide written authorization for SupplyOne to produce and store all such products.

ORDER ENTRY

(Insert customer name) will utilize (insert desired order method here) for order entry.

PRICING MANAGEMENT

Corrugated carton pricing adjustments will be based on Pulp & Paper (White Sheet), 42 lb. Kraft linerboard “Open market price” index, which is published each month, which for <DATE> is $_____ per ton. Pricing will be adjusted whenever the index changes an aggregate minimum of $20 per ton. For every $___ per ton change in the index, the sell prices will be adjusted ___%. The adjusted prices will take effect the 1st day of the month following the index change, with a minimum 60-day notification.

For all other products, pricing will be protected for 60 days minimum and will only be changed with written notification from SupplyOne. Written notification of increases will be supported by market and/or manufacturer documentation.

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SLOW MOVING OR OBSOLETE INVENTORY

Any manufactured or purchased inventory that is on hand at SupplyOne for more than three (3) months shall be shipped and billed to (insert customer name).

CONFIDENTIALITY

Both parties agree that the terms of this Agreement are completely confidential, and neither party will disclose such terms to anyone outside of their respective companies, other than as may be required by law. The terms of this Agreement are not generally available to other customers of SupplyOne and disclosure could be detrimental to SupplyOne.

TITLE AND RISK OF LOSS

Title to all product covered by this Agreement shall pass to the (insert customer name), FOB, (insert customer name)receiving dock, if delivered by SupplyOne owned or contracted delivery vehicles, or FOB SupplyOne shipping dock if delivered by public common carrier at the request of (insert customer name).

SupplyOne’s liability for loss or damage shall be limited to the replacement of product in an expedited manner, or for other damages, limited to the value of the product.

Agreed to on (insert date), by

(INSERT CUSTOMER NAME)SUPPLYONE

By:By:

(Printed Name)(Printed Name)

Title:Title

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