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Sponsored by Lorman Education
Product ID: 405855EAU
 
Credit & Course Provided by:

Critical Terms In Supply Chain Agreements

OnDemand Webinar (90 minutes)

Gain a better understanding of supply chain contract provisions how to negotiate them to your advantage.Almost every business has suppliers. But have you taken the time to look at the provisions of the contracts governing those supply chain relationships? Can you even identify every contract to which your business is currently committed within its supply chain? This topic will identify the key issues and contract terms currently challenging companies with their suppliers (and customers). You will learn what supply chain contract provisions have been most vexing to companies recently and how to negotiate them to their advantage. Relying on boilerplate in your contracts with a focus only on price and quantity will leave your company and your clients at a distinct disadvantage when things go wrong.

Authors

Steven (Steve) R. Cade, Foley & Lardner LLP Jeffrey (Jeff) A. Soble, Foley & Lardner LLP

Agenda

Pre-Drafting Considerations

• Internal Coordination

• Due Diligence

• How to Evaluate Upstream and Downstream Parties and Minimizing Exposure

Drafting Considerations

• Do You Have a Contract?

• How to Adequately Draft Pricing Provisions, Including Various Price Adjustments

• Key Considerations for Exclusivity Provisions

• Term and Termination Rights

• Protection of IP, Confidential Information and Tooling

• Warranties and Remedies:

• Indemnification and Insurance

• Dispute Resolution Options

• Force Majeur

Relationship Mistakes - Managing the Contract Negotiated

• Internal Owner

• Failure to Address Issues

• Failure to Understand the Contract