Manufacturing Agreements
Manufacturing Agreements
A contract manufacturing agreement is a legal document that outlines the terms and conditions of a company's relationship with contract manufacturer.
The agreement defines the services to be provided, fees for production, turnaround times, quanities of production, liability, and ownership rights over intellectual property created. Contract manufacturing agreements also ensures that each party will fulfill any obligations spelled out in the agreement, such as paying certain fees specified in advance or bulk discounts on orders.
