Common use of Framework agreements Clause in Contracts

Framework agreements. 1. If a framework agreement has been agreed between S+P and the Client, where the entire annual requirement is manufactured and kept in stock for call-off, the Client shall take delivery of the entire quantity that remains in stock or that is still to be manufactured at the end of the year. During the term of the framework agreement the ordered product or service can only be changed, if a separate agreement is concluded by S+P and the Client. 2. Unless otherwise agreed, delivery of all call-off orders shall be taken within a year from placing the order, without requiring a request to take delivery. Once this period has elapsed, S+P is entitled to issue an invoice for the goods and to despatch the goods at the Client’s expense and risk or to withdraw from the contract immediately.