Document background
The Development And Supply Agreement is a crucial commercial contract used when one party requires another to develop and subsequently supply custom products, components, or systems. This agreement is particularly relevant in the Canadian market where companies often collaborate on innovative product development while ensuring compliance with federal and provincial regulations. It combines elements of both development services and supply arrangements, making it suitable for complex, long-term business relationships. The document typically covers development specifications, acceptance criteria, intellectual property rights, supply terms, quality requirements, and commercial conditions. It's especially important in industries requiring specialized product development followed by ongoing supply, such as manufacturing, technology, and healthcare sectors. The agreement should address both Canadian commercial law requirements and industry-specific regulations, while providing clear frameworks for both the development phase and subsequent supply arrangements.
