Chinese foreign parts assembly contract

laws and regulations 230 1044 Isabella

ASSEMBLY CONTRACT This contract (hereinafter referred to as the Contract) is entered into as of this date by and between [COMPANY NAME], a [STATE] corporation (hereinafter referred to as Company), and [CONTRACTOR NAME], a [STATE] corporation (hereinafter referred to as Contractor). RECITALS: WH......

ASSEMBLY CONTRACT

This contract (hereinafter referred to as the Contract) is entered into as of this date by and between [COMPANY NAME], a [STATE] corporation (hereinafter referred to as Company), and [CONTRACTOR NAME], a [STATE] corporation (hereinafter referred to as Contractor).

RECITALS:

WHEREAS, Company desires to have the services of Contractor to perform certain assembly and related activities (hereinafter referred to as the Services); and

WHEREAS, Contractor is desirous of entering into this Contract to provide the Services to Company.

NOW, THEREFORE, in consideration of the mutual promises and conditions herein contained, the parties do hereby agree as follows:

Scope of Work. Company has requested that Contractor perform the assembly and related Services for the products that Company manufactures. The Services will include the assembly of components and products, testing, packaging, shipping, and related services.

Compensation. In consideration of the Services provided by Contractor hereunder, Company shall pay Contractor [PER HOUR OR PER ASSEMBLY FEE]. Payment will be made on [WEEKLY, BI-WEEKLY, ETC.] basis.

Independent Contractor. Contractor shall perform the Services as an independent contractor. Contractor shall not be an employee of the Company.

Taxes. Contractor shall be responsible for the payment of all taxes and other governmental assessments applicable to the Services provided to Company under this Contract.

Insurance. Contractor is required to obtain and maintain, at its own expense, liability insurance in an amount at least equal to that required by law. If applicable, Contractor shall also maintain Worker’s Compensation insurance in accordance with applicable laws.

Indemnification. Contractor shall indemnify and hold harmless Company, its officers, directors, employees, and agents from any and all claims, losses, damages, or expenses which may arise out of or be related to performances or nonperformance by Contractor of the Services.

Term. The term of this Contract shall commence on the date of this Contract, and shall remain in effect until [INSERT DATE], unless otherwise extended by the parties or terminated earlier in accordance with the terms of this Contract.

Default & Termination. If either party defaults on any term or condition of this Contract, the non-defaulting party shall have the right to terminate this Contract immediately.

Governing Law. This Contract shall be governed by the laws of the [STATE], without giving any effect to any choice of law rules.

Miscellaneous. Neither party may assign this Contract without the prior written consent of the other party. This Contract constitutes the entire agreement between the parties and replaces any prior written or oral agreements between them.

IN WITNESS WHEREOF, the parties have executed this Contract as of the date first set forth above.

[COMPANY NAME]

By: ________________

Name: _____________________

Title: _____________________

[CONTRACTOR NAME]

By: ________________

Name: _____________________

Title: _____________________

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