If you are here, you possibly want to go for a Private Label Agreement, but before that you must know what exactly is a Private label Agreement, it is a deed where products or services are manufactured or provided by one company, but are sold under another company’s brand or name. Such goods and services are offered in a wide range of industries from foodstuff and cosmetics to web hosting. The best example of a Private Label Agreement is a retailer, who sells so many brands under his own.
If you are looking forward to making up a Private Label Agreement then you need a lot of guidelines and course of action so that you can create a precise yet excellent Private Label Agreement. Let us help you there.
Private Label Agreement Guidelines
Follow our simple and easily understandable guidelines before jotting anything down on the paper. Make sure you cover the points we are going to discuss at first. Mention the complete names of both companies in capital letters and you may highlight them too for a better and standing vision. Addresses of both companies, in capitals again and the date of the agreement should be mentioned at the top of the paper or where it is completely visible.
The clauses to write in an agreement like this must contain the things we are going to discuss. First of all, make sure that both companies agree to keep the information strictly private and confidential. Other points to discuss include, any repair or fine for possible damage or loss, details about any possible ways in which the contract can be changed according to the needs, termination or breaching, an explanation of terms and conditions already discussed between the two parties, laws defined by the state and timings, payment mode and other details about cash. Apart from that, any mutual obligations and/or duties for their good should also be presented on the face of the agreement. Do not forget to mention the period of this agreement. Another important thing about drafting an agreement is that it should be made up on a legal stamp paper that is approved by the government.
Take the following tips and draft the best possible agreement. The language you use must be very simple apart from a few law jargon (fewer if you are not familiar with it). Make sure you keep it to the point and merely not talk to the other party via that legal document. Be very particular about the subject you are mentioning and should not create confusion. Also, be very positive while making up the clauses and you will give a positive impression. Be definite that you have made your agreement clear and easily understandable.
Free Private Label Agreement Templates
Read your agreement thoroughly and try to remove all the little points that can cause misunderstandings. Take help from any legal adviser if you can. Sign it only after both parties have fully understood and agreed to it. These are just Private Label Agreement Guidelines, follow them and you will certainly do well.
Here is a preview of This First Sample Private Label Agreement Template in MS Word format.
