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This is Going to Require All of Your Output

June 07, 2022

Gain information on output and requirement contracts under Article 2 of the Uniform Commercial Code, including the impact of material changes in the seller's output or the buyer's demand, good faith requirements, the use of estimates, and important contract terms.      

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Related Content  

  • Output Contract (Short Form) or Output Contract (Long Form)
    Use this short or long form output contract, depending on the complexity of your terms and clauses. It can be simply price, term of agreement, and description of goods, or a more detailed contract, with clauses covering patents and inventions ownership, noncompetition, indemnity, access to records, authority to buy raw materials, spare parts, and designs and specifications.
  • Requirements Contract (Short Form) or Requirements Contract (Long Form)
    Use this short or long form requirements contract, depending on the complexity of your terms and clauses. It can be simply price, term of agreement, and a description of the goods, or a more detailed contract, with clauses covering manufacturing facilities, packaging requirements, future cooperation, warranties, the buyer's right to return defective goods, indemnity and insurance, risk of loss, and governing law.

 

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