Requirements
contract.
This contract of sale is made in duplicate _________[date]
between the parties, for goods, and on terms, following:
1. Seller: _________, a _________[state]
corporation [or as the case may be] located at _________.
2. Buyer: _________, a _________[state]
corporation [or as the case may be], located at _________.
3. Goods: Quantity and quality: A minimum of
_________[e.g., pounds] of _________ per _________[e.g., week],
or more, as required by buyer for actual use in its business. The _________ is to be of the same _________
grade and uniform quality as _________ sold buyer by seller, in _________[date].
4. Price and delivery: Price ____¢ per _________ net
f.o.b. _________; delivery to be made in installments of a minimum of _________
daily. Price to vary only in the event of war, riot, rebellion, or other
contingencies of extraordinary nature affecting the market; then price to be
market price.
5. Terms: Each minimum installment of _________ per
day to be paid for net _________ days after shipment.
6. Life of contract: To commence on _________[date]
and to expire on _________[date].
7. Notice of increase of minimum: In the event buyer
seeks to increase the requirement of _________ per _________, deliverable in
installments of _________ per day, buyer is to give seller _________ days'
written notice at its office.
8. Guarantee of supply: Seller reserves to itself
the right to sell _________ to whomever it sees fit but at all times to keep
the requisite stocks to meet the requirements of buyer.
9. Excuses for delays in deliveries: Deliveries are
subject to delay on account of strikes, lockouts, floods, fires, accidents,
repairs to machinery, weather, or transportation conditions, and other causes
beyond seller's control.