Common use of Background of Agreement Clause in Contracts

Background of Agreement. A. The parties have signed an agreement in principle to enter into a purchase order assignment program under which the Manufacturer will assign customer purchase orders to the Contractor and request the Contractor to purchase the required materials to fulfill such purchase orders; the Contractor will retain the Manufacturer to manufacture, process and ship ordered goods; and fees will be paid to the Manufacturer for its services upon payment to the Contractor for the goods.

Appears in 3 contracts

Samples: Master Purchase Order Assignment Agreement (Driftwood Ventures, Inc.), Master Purchase Order Assignment Agreement (Notify Technology Corp), Master Purchase Order Assignment Agreement (Bam Entertainment Inc)

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Background of Agreement. A. The parties have signed an agreement in principle to enter into a purchase order assignment program under which the Manufacturer Distributor will assign customer purchase orders to the Contractor and request the Contractor to purchase the required materials to fulfill such purchase orders; the Contractor will retain the Manufacturer Distributor to manufacture, process and ship ordered goods; and fees will be paid to the Manufacturer Distributor for its services upon payment to the Contractor for the goods.

Appears in 2 contracts

Samples: Master Purchase Order Assignment Agreement (SouthPeak Interactive CORP), Master Purchase Order Assignment Agreement (MPC Corp)

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