MANUFACTURING / JOB WORK AGREEMENT
This Agreement is made on [Effective Date] between [Principal Name] and [Job Worker Name].
1. Parties. This Manufacturing / Job Work Agreement is made between [Principal Name], of [Principal Address], GSTIN [Principal GSTIN] (the "Principal"), and [Job Worker Name], of [Job Worker Address], GSTIN [Job Worker GSTIN] (the "Job Worker"), together the "Parties".
2. Scope of Job Work. The Job Worker shall manufacture/process the goods described in Schedule A using raw materials, components and specifications supplied or approved by the Principal, and deliver the finished goods as per agreed quality and quantity.
3. Term. This Agreement is effective from [Effective Date] for [Number] years, renewable by mutual consent.
4. Charges, Payment and GST. The Principal shall pay job work charges of Rs. [Amount] per [unit / batch], exclusive of GST, which shall be charged at the applicable rate on a valid tax invoice. Goods sent for job work shall move under a delivery challan and GST job-work provisions; inputs shall be returned within the statutory period. Payment terms are [Number] days. TDS applies as per law.
5. Materials and Obligations. Materials supplied by the Principal remain the Principal's property. The Job Worker shall account for materials, minimise wastage within agreed norms, maintain quality standards, and not divert materials. The Principal shall supply timely inputs and specifications.
6. Intellectual Property. All designs, moulds, tooling and specifications supplied by the Principal remain its exclusive property and shall be used only to perform this Agreement.
7. Confidentiality. The Job Worker shall keep confidential the Principal's designs, processes and business information, during and after the Term.
8. Indemnity. The Job Worker shall indemnify the Principal against losses from defective workmanship, material misuse or breach of this Agreement.
9. Termination. Either Party may terminate on [Number] days notice, or immediately for material breach uncured within [Number] days. On termination the Job Worker shall return all materials, tooling and finished goods.
10. Governing Law, Jurisdiction and Arbitration. This Agreement is governed by the laws of India, subject to the exclusive jurisdiction of the courts at [City]. Disputes shall be referred to a sole arbitrator under the Arbitration and Conciliation Act, 1996, seated at [City], in English.
For [Principal Name]
Authorised Signatory
For [Job Worker Name]
Authorised Signatory