Yes, such a contract can be entered in to.What is the name of your state? Michigan
Specifically, we have a customer that claims this is in our contract:
CustomerA requires Suppliers to supply Goods to Authorized Third Party Providers at the same prices available to CustomerA, if applicable.
Well, I don't know if that is in your contract. Read it and find out.What is the name of your state? Michigan
Specifically, we have a customer that claims this is in our contract:
CustomerA requires Suppliers to supply Goods to Authorized Third Party Providers at the same prices available to CustomerA, if applicable.
Strange that you don't seem to know what is in your contract.What is the name of your state? Michigan
Specifically, we have a customer that claims this is in our contract:
CustomerA requires Suppliers to supply Goods to Authorized Third Party Providers at the same prices available to CustomerA, if applicable.
Yes, that was basically my question. Can we be forced to sell to these third party providers at the same price that we sell to CustomerA.If your question is whether that kind of provision in a contract is enforceable, in general the answer is yes.
To be absolutely accurate, you can't be forced to do it, but if you don't, then you may be found in breach of the contract and be forced to pay damages, per the contract.Yes, that was basically my question. Can we be forced to sell to these third party providers at the same price that we sell to CustomerA.
There is some confusion about what we have "signed". No one that I work with has signed the document where the above wording is located.Strange that you don't seem to know what is in your contract.
I can think of a reason I'd want that in a contract I had with vendors but I wouldn't think for a second that I should ask the vendor to write it in such a broad way.
But if you signed it there is nothing illegal about it.
Nice thinkingDoes the agreement require that you sell to these third parties under the same terms? If not, you could always demand cash in advance.
It is nice that you find information provided other posters helpful to your own legal issues. If you have a legal question of your own, please start your own thread. Thanks.Thanks for the information. Really helpful.