International Law Practice and Business Consultation
Chi-Hung A. Chan, Attorney at Law
License Contract
Manufacturing Agreement
Sample Contract Terms:
Electronic Business Transaction
Purchase orders and other transactions including, but not limited to Order Acknowledgments, change orders, invoices and forecasts may take place by Electronic Data Interchange ("EDI") transmission through a third party computer network. Each party will be in accordance with the American National Standards Institute ("ANSI") or the UN/EDIFACT standards. Specific transaction sets will be as agreed to by the parties. The parties agree not to contest the enforceability or legal sufficiency of electronically transmitted purchase orders, Order Acknowledgments or other documents placed pursuant to this Agreement on the grounds that such orders and acknowledgments fail to comply with the Statue of Frauds or similar laws requiring that contracts be in writing and signed by the party, to be bound, including but not limited to, Uniform Commercial Code Section 2-201 or its equivalent embodiment under applicable state law, OEM and COMPANY hereby agree that each will have no liability and will hold each other harmless for any and all damages, costs and expenses as a result of purchase orders, order acknowledgments, and other transmissions which are erroneously transmitted between the parties as a result of a malfunction, defect in the network's system, or due to any other cause beyond the parties' reasonable control.
