Generally, it contains expectations and thoughts between the parties involved before entering into a formal contract. This vendor agreement and any attachments shall be considered the entire agreement and shall constitute the termination of any prior agreements including any written or verbal agreements. The Memorandum of Understanding template which is more commonly known as an MOU is a written document between two or more parties which explains a proposed agreement between them. Upon this vendor agreement’s termination, all unpaid debts up to the point of termination will be due to the Vendor within 30 days. TerminationĮither party may terminate this vendor agreement by providing written notice to the opposite party within 10 days of the termination requested date.
Therefore, any and all legal proceedings shall be conducted in the above state. This vendor agreement shall be under the jurisdiction of the laws of. This vendor agreement does not establish an employer/employee relationship between the Client and Vendor, and no such agreement shall be established at any time.
The Vendor shall be considered an independent contractor. This vendor agreement template clearly states that the Vendor is not an employee of the Client, and as such is not entitled to any employment benefits.
