SayPro Vendor Agreement Form

SayPro Monthly January SCMR-13 SayPro Monthly Selection: Choose items that reflect brand values (e.g., branded mugs, tote bags) by SayPro Brand Material Office under SayPro Marketing Royalty SCMR

1. Introduction

This Employee Vendor Agreement Form establishes a formal contract between SayPro and its suppliers or vendors to ensure the procurement of quality goods and services while maintaining compliance with SayPro’s standards, pricing agreements, and delivery expectations.

2. Vendor Information

The vendor is required to provide the following details:

• Company Name
• Business Registration Number
• Tax Identification Number (TIN)
• Contact Person Name
• Phone Number & Email Address
• Physical & Postal Address
• Banking Details (for payment processing)

3. Scope of Agreement

This contract defines the scope of work, responsibilities, and expectations between SayPro and the vendor. The agreement must include:

• A detailed description of the goods/services to be provided.
• Pricing structures agreed upon for different items.
• Delivery timelines and expectations.
• Quality and compliance requirements.

4. Pricing & Payment Terms

Vendors must agree to:

• The fixed pricing for products/services for the contract duration.
• Payment terms (e.g., 30-day net payment after invoice approval).
• Penalty clauses for delays or non-compliance.
• Discount agreements (if applicable).

5. Delivery & Logistics

• Vendors must adhere to scheduled delivery times.
• Ensure packaging aligns with SayPro branding requirements.
• Responsibility for damages/losses in transit.
• Compliance with SayPro Monthly Selection (SCMR-13), where selected products (e.g., branded mugs, tote bags) must reflect SayPro brand values.

6. SayPro Brand & Marketing Royalty Compliance

Vendors must:

• Follow SayPro Brand Material Office guidelines.
• Ensure all products align with SayPro Marketing Royalty SCMR standards.
• Obtain approval before manufacturing branded merchandise.

7. Legal & Compliance Requirements

Vendors must submit:

• Business Registration Certificate
• Tax Clearance Certificate
• Bank Verification Letter
• Compliance Certificates (where applicable)
• Confidentiality Agreement

8. Termination & Breach of Contract

• SayPro reserves the right to terminate the agreement if the vendor fails to comply with contract terms.
• Vendors must rectify any breach within a stipulated timeframe or face penalties.

9. Signatures & Acknowledgment

Both parties must sign the agreement, acknowledging understanding and acceptance of all terms and conditions.