Create a bespoke document in minutes,聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Vendor Agreement
I need a vendor agreement for a supplier providing office supplies on a monthly basis, with terms including a 30-day payment period, quality assurance measures, and a clause for termination with a 60-day notice period.
What is a Vendor Agreement?
A Vendor Agreement creates clear rules between a business and its suppliers in the UAE, spelling out what each side will do, how much things cost, and when payments happen. These contracts follow UAE Commercial Law and set quality standards, delivery schedules, and ways to handle any problems that come up.
The agreement protects both parties by putting everything in writing - from basic price lists to complex terms about confidentiality and dispute resolution. In Dubai and other emirates, these contracts often need specific clauses about local business practices, VAT compliance, and rules for dealing with government entities when applicable.
When should you use a Vendor Agreement?
Use a Vendor Agreement when starting any significant supplier relationship in the UAE, especially for ongoing services or regular product deliveries. This contract becomes essential before sharing confidential information, setting up payment terms, or beginning work with new suppliers who will access your facilities or systems.
The right time to draft this agreement is during vendor negotiations, before any money changes hands or work begins. Companies in Dubai and Abu Dhabi typically need these contracts for technology purchases, facilities maintenance, raw materials supply, and professional services - particularly when dealing with amounts above AED 50,000 or contracts lasting beyond six months.
What are the different types of Vendor Agreement?
- Vendor NDA: Focuses solely on protecting confidential information when sharing sensitive data with suppliers
- Vendor Contract Agreement: Comprehensive agreement covering all aspects of ongoing supplier relationships
- Preferred Vendor Agreement: Establishes special terms and priority status for key suppliers
- Vendor Contract For Event: Short-term agreement specific to exhibitions, conferences, or temporary installations
- Food Truck Space Lease Agreement: Specialized contract for mobile food vendors operating in specific locations
Who should typically use a Vendor Agreement?
- Business Owners: UAE companies and establishments who need supplies or services, responsible for initiating and approving vendor relationships
- Procurement Officers: Handle vendor selection, negotiate terms, and manage the contracting process in larger organizations
- Legal Teams: Draft and review Vendor Agreements to ensure compliance with UAE commercial laws and company policies
- Suppliers/Vendors: Local or international businesses providing goods or services, must comply with UAE business regulations
- Finance Departments: Manage payment terms, invoicing procedures, and financial compliance aspects
- Operations Managers: Oversee day-to-day vendor relationships and ensure delivery meets agreed standards
How do you write a Vendor Agreement?
- Vendor Details: Gather complete business information, trade license number, and VAT registration for UAE compliance
- Scope Definition: List specific products/services, quantities, quality standards, and delivery schedules
- Payment Terms: Document pricing, payment methods, and schedules aligned with UAE banking practices
- Duration & Renewal: Set clear contract periods and automatic renewal terms if applicable
- Performance Metrics: Define measurable service levels and quality benchmarks
- Compliance Check: Verify vendor's local permits and ensure agreement follows UAE commercial laws
- Final Review: Use our platform to generate a compliant agreement that includes all required elements
What should be included in a Vendor Agreement?
- Party Information: Full legal names, trade license numbers, and authorized signatories under UAE law
- Scope of Services: Detailed description of goods/services with specific performance standards
- Payment Terms: Clear pricing, VAT details, and payment schedules following UAE commercial practices
- Duration & Termination: Contract period, renewal options, and termination conditions
- Confidentiality: Data protection measures aligned with UAE privacy regulations
- Dispute Resolution: Specified UAE courts jurisdiction and applicable emirate laws
- Force Majeure: Local circumstances qualifying as force majeure under UAE law
- Signature Block: Space for authorized signatures, company stamps, and witness details
What's the difference between a Vendor Agreement and a Construction Agreement?
A Vendor Agreement differs significantly from a Construction Agreement in several key aspects, though both are common in UAE business operations. While Vendor Agreements focus on ongoing supply relationships, Construction Agreements specifically govern building projects and related services.
- Scope and Duration: Vendor Agreements typically cover recurring deliveries or services, while Construction Agreements detail one-time project specifications and completion timelines
- Payment Structure: Vendor Agreements usually involve regular payments on fixed schedules, whereas Construction Agreements often use milestone-based payments and retention amounts
- Risk Allocation: Construction Agreements require specific insurance coverage and defect liability periods under UAE law, while Vendor Agreements focus more on supply chain and quality assurance risks
- Regulatory Compliance: Construction Agreements must align with UAE building codes and municipality regulations, while Vendor Agreements primarily address commercial law requirements
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.