Common use of Product Source Clause in Contracts

Product Source. 1. At least 30 percent of all products that a Vendor sells must have been produced by that Vendor excluding concessions if allowed. 2. However, the other 70 percent of product or products that a Vendor may sell but that the Vendor did not produce must have been purchased by the Vendor directly from the producer of the product, excluding concessions if allowed. 3. Vendors may not sell any products that they purchased from wholesalers, distributors, retailers, or in an auction, provided that concessions, if allowed for sale, need not be purchased directly from their producers. Before each market season begins, Vendors must provide to the Market Master the name, address and telephone number of each farmer or other producer whose products the Vendors intend to sell in accordance with the foregoing. Exceptions may be made in the event of acts of God.