- Payment terms: _% Deposit, _% upon 1st Shot, __% Upon Production of approved sample
- Tool/ mold location and Ownership (buyer owns). Tool/ mold/ jigs subject to be moved at Buyer discretion at any time.
- Number of lifetime shots (they quoted 500,000). Factory shall perform all maintenance and/or replacement to meet this number.
- General expectations that the tool be made of quality steel and will confirm and manufacture a product to the engineering designs and approved prototype. Mold accessories shall fit and function as designed and specified
- Right to engage 3rd party inspectors at any notice including during tooling, pre-production, production and post production. If tool or product fails quality expectations based on pre-approved samples, factory shall immediately fix the problem and pay for the cost of the inspector and future visit of the inspector to ensure the problem is fixed.
- Supplier will not market or sell buyer's product or similar variations (including excess stock and defects) to any other individuals or companies in China or any overseas country.
- Buyer's product is not to be shows at supplier's website, sample room, brochures, trade shows and other marketing activities without prior written notice.
- Must pass all applicable safety testing requirements (will list out)What am I missing? What Penalties can i put in and how can I enforce them?
- AQL (acceptance quality limits). In the event product is discovered to be defective and a retailer reports anything over 4%(?) defectives, factory shall be responsible for the cost to destroy each unit including.
- Product should be of high quality similar to (name similar brand)
- Raw Materials shall be purchased immediately in order to hit the agreed ship date