Sourcing statement Clause Samples
A sourcing statement is a clause that identifies the origin or source of materials, products, or information referenced in a contract or document. It typically specifies where goods are procured from, such as particular suppliers, countries, or production facilities, and may require the party to disclose or certify the source upon request. The core function of a sourcing statement is to ensure transparency and traceability in the supply chain, helping parties manage compliance, ethical sourcing, or quality assurance concerns.
Sourcing statement. 6.1 Roche further agrees that the packaging and promotional materials for Products marketed by Roche and on which Roche is obligated to pay royalties shall identify Helicon as a licensor, wherever such identification is not prohibited by law. Helicon hereby agrees to indemnify and hold Roche harmless from any use hereunder of the Helicon name which occurs with the consent of Helicon, provided that Roche provides Helicon with prompt notice of any such claim and grants to Helicon the exclusive ability to defend (with reasonable cooperation of Roche) and settle such claim. If only one name is allowed to be on any specific item of packaging or promotional material pursuant to governmental laws or regulations, then Roche may use its name alone on such item, without identifying Helicon as licensor.