Commercial Law > QUESTIONS & ANSWERS > Negotiating and Building a Term Sheet: Partner A – Executive of Coastal Coffee Corporation, Partne (All)
ASSIGNMENT TEMPLATE Date: Names of both Partners: Roles: Partner A – Executive of Coastal Coffee Corporation:________________________________ Partner B – Executive of Canada Coffee Roasters C... orp.: _________________________________ PART A – Term Sheet (20 marks) Name of CONTRACT TERM or CLAUSE DETAILS of how the term will operate in the contract (use simple English as you would want it reflected in the contract) (1 mark) REASONS why the term is important to include (1 mark) Pre-Paying Option Canada Coffee Roasters Corp should have an option to pay for the future orders. Its important for Canada Coffee Roasters as the payments are directly related to international foreign exchange 2. Contract Length This term sheet stays valid for 1 year, post which performance review would be done. Canada Coffee Roasters would have a year to assess their supplier based on several factors and decide whether to review the contract or find another supplier [Show More]
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Mar 23, 2023
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