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SUPPLIER TERMS & CONDITIONS

AutoMaximizer, Inc. Supplier Terms & Conditions

 

Introduction

These Supplier Terms & Conditions ("Agreement") govern the relationship between AutoMaximizer, Inc. ("we," "our," or "AutoMaximizer") and its suppliers ("you," "your," or "Supplier"). By entering into this Agreement, you agree to be bound by these terms and conditions. Please read this document carefully before proceeding.
 

AutoMaximizer, Inc. is a leading provider of high-quality auto accessories and customization products. We strive to partner with reliable and reputable suppliers who share our commitment to excellence and innovation. This Agreement outlines the key terms that will govern our relationship with suppliers.
 

1. Supplier Responsibilities

As a supplier to AutoMaximizer, Inc., you are responsible for:

  • Quality Assurance: Ensuring that the products supplied meet the required quality standards, including compliance with industry regulations and applicable safety standards.

  • Delivery: Timely delivery of products as per the agreed-upon timelines. Failure to meet deadlines may result in penalties or the termination of the agreement.

  • Inventory Management: Maintaining appropriate stock levels to fulfill orders promptly and accurately.

  • Communication: Provide regular updates on product availability, stock levels, lead times, and any potential issues that could affect order fulfillment.

  • Compliance: Adhering to all applicable laws and regulations, including labor laws, environmental standards, and product safety.
     

2. Order Placement

  • Order Process: AutoMaximizer, Inc. will place orders via written communication (email or other agreed methods). Orders are subject to acceptance by the supplier, which must be confirmed within 1-3 days.

  • Order Modifications: Any modifications to the order (quantities, delivery dates, or other specifications) must be approved by both parties in writing.
     

3. Pricing and Payment Terms

  • Pricing: Prices for products must be competitive and agreed upon in advance. AutoMaximizer, Inc. reserves the right to review and adjust prices annually or as necessary.

  • Payment Terms: Payments will be made as per the agreed payment schedule (7 days after receipt of goods or as mutually agreed). Payments are subject to deductions for any penalties or issues related to product quality or delivery.

  • Currency: Payments will be made in United States Dollars.
     

4. Product Returns and Defects

  • Returns: Products that do not meet the agreed-upon specifications or quality standards may be returned for a full refund or replacement, as determined by AutoMaximizer, Inc.

  • Defective Products: If any defects are found in the products after delivery, AutoMaximizer, Inc. reserves the right to reject or return the products at the supplier's expense. The supplier will be responsible for replacing defective products or issuing a refund.
     

5. Confidentiality

  • Confidential Information: Both parties agree to keep any confidential or proprietary information disclosed during the course of this agreement confidential and not to disclose such information to any third parties without prior written consent.
     

6. Termination

  • Termination by AutoMaximizer, Inc.: AutoMaximizer, Inc. reserves the right to terminate this agreement at any time if the supplier fails to meet the terms and conditions outlined herein or breaches any contractual obligations.

  • Termination by Supplier: The supplier may terminate this agreement with 15 days written notice. In such cases, any outstanding orders must be completed and delivered before termination.
     

7. Indemnification

  • Indemnification: The supplier agrees to indemnify and hold AutoMaximizer, Inc. harmless from any claims, damages, or liabilities arising out of any failure by the supplier to comply with the terms of this agreement, including but not limited to product defects, intellectual property infringements, or regulatory violations.
     

8. Dispute Resolution

  • Governing Law: This agreement shall be governed by the laws of the United States.

  • Dispute Resolution: Any disputes arising from or in connection with this agreement shall be resolved through mediation or arbitration, as agreed upon by both parties.
     

9. Contact Information

For any inquiries or clarifications regarding this Agreement, please contact AutoMaximizer, Inc. at:

10. Acknowledgment

By agreeing to become a supplier for AutoMaximizer, Inc., you acknowledge that you have read, understood, and agree to comply with the terms and conditions outlined in this document.

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