Utah Sample Purchase Agreement between Organichem Corporation and Albany Molecular Research, Inc.

• Category: Corporations - Public - Purchase
• State: Multi-State
• Control #: US-EG-9393
• Format: Word; Rich Text

Description

Debenture Purchase Agreement between Organichem Corporation and Albany Molecular Research, Inc. regarding the sale and purchase of convertible subordinated debentures dated December 21, 1999. 19 pages. Utah Sample Purchase Agreement between Organic hem Corporation and Albany Molecular Research, Inc. This Utah Sample Purchase Agreement (the "Agreement") is entered into on [Date], between Organic hem Corporation, a corporation organized and existing under the laws of the State of Utah, with its principal place of business at [Address] ("Organic hem"), and Albany Molecular Research, Inc., a corporation organized and existing under the laws of the State of New York, with its principal place of business at [Address] ("MRI"). 1. Purpose and Scope: This Agreement outlines the terms and conditions under which Organic hem agrees to purchase certain products and services (hereinafter referred to as the "Products") from MRI, as detailed in the attached purchase order. 2. Product Specifications: The specifications of the Products, including quantity, quality, packaging, delivery instructions, and any additional requirements, shall be specified in the purchase order or as otherwise agreed upon by both parties. 3. Purchase Price and Payment Terms: MRI agrees to sell the Products to Organic hem at the agreed-upon purchase price, as stated in the purchase order. Payment terms, including the currency, mode of payment, and due dates, shall be as agreed upon by both parties. 4. Delivery and Acceptance: MRI shall be responsible for delivering the Products to the specified delivery location within the agreed-upon timeframe. Organic hem shall inspect the Products upon receipt and notify MRI of any discrepancies or damages within [number] days. Failure to report any defects within the specified timeframe shall be deemed as acceptance of the Products. 5. Title and Risk of Loss: Ownership and risk of loss shall transfer to Organic hem upon delivery of the Products in accordance with the agreed-upon delivery terms. 6. Confidentiality: Both parties acknowledge and agree to maintain confidentiality regarding any non-public information obtained during the course of this Agreement, as outlined in the separate confidentiality agreement attached hereto. 7. Term and Termination: This Agreement shall commence on [Date] and continue until terminated by either party upon [number] days' written notice. Either party may terminate this Agreement for material breach by the other party after providing written notice and a reasonable opportunity to cure such breach. 8. Governing Law and Dispute Resolution: This Agreement shall be governed by and construed in accordance with the laws of the State of Utah. Any disputes arising out of or in connection with this Agreement shall be subject to binding arbitration in the State of Utah or the jurisdiction agreed upon by both parties. This Utah Sample Purchase Agreement represents a framework for the procurement of Products between Organic hem Corporation and Albany Molecular Research, Inc. Specific terms and conditions may vary based on the actual agreement negotiated between the parties. Other types of Utah Sample Purchase Agreements that may exist between Organic hem Corporation and Albany Molecular Research, Inc. include: — Utah Sample Purchase Agreement for Research Chemicals — Utah Sample Purchase Agreement for Laboratory Equipment — Utah Sample Purchase Agreement for Contracted Services — Utah Sample Purchase Agreement for Intellectual Property Transfer.

Utah Sample Purchase Agreement between Organic hem Corporation and Albany Molecular Research, Inc. This Utah Sample Purchase Agreement (the "Agreement") is entered into on [Date], between Organic hem Corporation, a corporation organized and existing under the laws of the State of Utah, with its principal place of business at [Address] ("Organic hem"), and Albany Molecular Research, Inc., a corporation organized and existing under the laws of the State of New York, with its principal place of business at [Address] ("MRI"). 1. Purpose and Scope: This Agreement outlines the terms and conditions under which Organic hem agrees to purchase certain products and services (hereinafter referred to as the "Products") from MRI, as detailed in the attached purchase order. 2. Product Specifications: The specifications of the Products, including quantity, quality, packaging, delivery instructions, and any additional requirements, shall be specified in the purchase order or as otherwise agreed upon by both parties. 3. Purchase Price and Payment Terms: MRI agrees to sell the Products to Organic hem at the agreed-upon purchase price, as stated in the purchase order. Payment terms, including the currency, mode of payment, and due dates, shall be as agreed upon by both parties. 4. Delivery and Acceptance: MRI shall be responsible for delivering the Products to the specified delivery location within the agreed-upon timeframe. Organic hem shall inspect the Products upon receipt and notify MRI of any discrepancies or damages within [number] days. Failure to report any defects within the specified timeframe shall be deemed as acceptance of the Products. 5. Title and Risk of Loss: Ownership and risk of loss shall transfer to Organic hem upon delivery of the Products in accordance with the agreed-upon delivery terms. 6. Confidentiality: Both parties acknowledge and agree to maintain confidentiality regarding any non-public information obtained during the course of this Agreement, as outlined in the separate confidentiality agreement attached hereto. 7. Term and Termination: This Agreement shall commence on [Date] and continue until terminated by either party upon [number] days' written notice. Either party may terminate this Agreement for material breach by the other party after providing written notice and a reasonable opportunity to cure such breach. 8. Governing Law and Dispute Resolution: This Agreement shall be governed by and construed in accordance with the laws of the State of Utah. Any disputes arising out of or in connection with this Agreement shall be subject to binding arbitration in the State of Utah or the jurisdiction agreed upon by both parties. This Utah Sample Purchase Agreement represents a framework for the procurement of Products between Organic hem Corporation and Albany Molecular Research, Inc. Specific terms and conditions may vary based on the actual agreement negotiated between the parties. Other types of Utah Sample Purchase Agreements that may exist between Organic hem Corporation and Albany Molecular Research, Inc. include: — Utah Sample Purchase Agreement for Research Chemicals — Utah Sample Purchase Agreement for Laboratory Equipment — Utah Sample Purchase Agreement for Contracted Services — Utah Sample Purchase Agreement for Intellectual Property Transfer.