Common Contracts
1 similar Development Agreement contracts
ENTERPRISE AND SUPPLIER DEVELOPMENT AGREEMENTDevelopment Agreement • August 24th, 2023
In order to give effect to the Broad-Based Black Economic Empowerment Codes of Good Practice (the B-BBEE Codes) issued in accordance with the Broad-Based Black Economic Empowerment Act 53 of 2003, the Measured Entity is embarking on a process to provide Supplier Development support to Exempted Micro-Enterprises (EMEs) and Qualifying Small Enterprises (QSEs). In this regard, the Measured Entity identified the Beneficiary as an entity which the Measured Entity can assist with Supplier Development as provided for in the B-BBEE Codes. This Enterprise and Supplier Development Agreement sets out the rights and obligations of the respective parties in order to facilitate meaningful transformation for the Beneficiary as required in terms of the B-BBEE Codes.
