Framework Purchase Agreement Archivy | Mgr. ANNA VEJMELKOVÁ, advokát

Penalty Clauses in Purchase Contracts: When They Work — and When They Don’t

contract law, Contracts / Anna Vejmelková

Print Content: “We had a deal. He paid — but never picked up the goods. And now he’s vanished.”Purchase contracts sound simple: pay and take the thing. But when one party delays, defaults or disappears, it’s the penalty clause that can turn an empty promise into actual leverage.If it’s done right. Purchase agreements are everywhere […]

Penalty Clauses in Purchase Contracts: When They Work — and When They Don’t Read More »

Framework Purchase Agreement

Print Content: Learn how to set up a framework agreement for goods supply in the Czech Republic. Ideal for vendors, resellers and wholesalers. Template inside. What it is A contract that sets general terms for recurring purchases or deliveries of goods between two parties (typically businesses). When to use long-term B2B supply recurring reseller/vendor relationships