SITXMGT002 - Establish and Conduct Business Relationships Contract

This document presents a comprehensive contract agreement created for a hotel complex, addressing the requirements of the SITXMGT002 module, focusing on establishing and conducting business relationships. The agreement details the intention of both parties, the specific offer for supplying bar equipment, and the terms, conditions, and warranties associated with the supply. It includes crucial clauses such as termination, breach, and default, along with indemnity and exclusion clauses. The contract also outlines negotiation strategies, dispute resolution mechanisms, and bonus/penalty provisions, ensuring a well-structured framework for the business relationship. The agreement is signed by authorized representatives from both the hotel complex and the supplier, with witness signatures and dates, making it a complete and legally sound document.

Contract
AGREEMENT
This agreement is made 10th day of June 2018
BETWEEN
Beach Front Hotel Complex of 123-600 Melbourne
ABN [insert number]
Systems Suppliers Ltd
AND
Systems Suppliers Ltd
ABN
1435-2222 Victoria
IT IS HEREBY AGREED THAT
Intention
 Both parties intend to create legal relations.
 Both parties intend to abide by the contract.
 Both parties understand and intend that the agreement be enforced by law.
Agreement
1. To supply Large or small bar equipment for the external bar
Offer
To offer supply of Large and Small bar equipment at $ 150,000
Terms
1. Supply of large and small equipment
2. Service of small and Large equipment in the hotel bistro
Conditions
1. Supply the required amount and equipment
2. 2. Supply at a given fee
3. 3. Supply within the timeframe negotiated
4. 4. Quality equipment
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Contract
Warranties
The warrantees for the Equipment are 2 years
Termination clause
In case of breach of the contractual agreement, the contract will be terminated effectively.
Breach will be in this case
1. Supply of faulty equipment
2. Lapse in time for delivery
3. Contractual dishonesty
Default clauses
Will implement the achieved results of the negotiations. It is argued by the assessment of the
benefits of the decision; making contact. There are always people who clear the way to the
goal. They often provide recommendations for further action.
Indemnity clauses
Set the start time, duration and place of negotiations. The receiving party always receives a
psychological advantage. Therefore, the venue of the negotiations is important. Psychological
advantage is also obtained not by the initiators of business negotiations, but by those who
receive an offer of them. Therefore, give partners the opportunity to name the time of
negotiations. Negotiations are negotiated no later than two or three days. It is necessary to
clarify in advance the issues that will be discussed, and clarify the duration of the meeting. At
this stage of the meeting, they agree on the materials to be discussed, clarifying the oral
declarations and the final documents
Exclusion clauses
Problem questions - identifying the needs of the opponent. Removing questions - allow you to
understand the satisfaction of the identified needs for the client. Due to this, your proposal will
be perceived with great interest: “How justified are the costs for training operators with such a
staff turnover?”. Guiding questions allow us to provide a logical transition from discussing
customer needs to discussing a product or service:
Director’s guarantee
In case of debt, I the director will be fully liable in case of anything as a guarantee to the debt incurred.
Negotiable terms
Negotiable terms include time and price factors
Dispute resolution clauses, mediation and arbitration processes
Mediation will be used in case of any dispute arising as a dispute mechanism.
Bonus and penalty provisions
The bonus to the contractor and the hotel manager will be 5% of the entire contract shared between
the two if the contract is handled at the best quality ever.
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Contract
Supplier acceptance
The above prices/specifications and conditions of work are hereby accepted by
John Grisham , authorised representative/owner of System Supplies Ltd
This agreement shall become effective from 10th Feb 2019.
John Grisham
SIGNATURE
J.G.M
DATE
10/ 2/2019
WITNESS NAME
Walter Barwesa
SIGNATURE
w.b
DATE
10/2/2019
Agent acceptance
The above prices/specifications and conditions of work are hereby accepted by
Cardi Bee Offsets, authorised representative/owner of Beach Front Complex Hotel.
This agreement shall become effective from 10/2/2019
C.b.o
SIGNATURE
10/2/2019
DATE
Walter Smith
WITNESS NAME
w.s
SIGNATURE
10/2/2016
DATE
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