A toll processing agreement is a contract between two parties in which a toll milling service provider, contract processor or “toller” agrees to manufacture a customer’s product for an agreed upon fee or “toll”.
Toll Processing Agreement; Toll Manufacturing Agreement PDF Sample. The sample toll manufacturing agreement below details an agreement between ‘Alex Pally’ and the manufacturer, ‘Ivan Martinez.’ Alex Pally agrees to retain Ivan Martinez as the manufacturer of T-shirts and agrees to a set of rules regarding their production and delivery.
TOLL MANUFACTURING AGREEMENT . THIS TOLL MANUFACTURING AGREEMENT (the “Agreement”), signed on September 30 th, 2010, is made and entered into by and among Agro Industrie Recherches et Développements, S.A., a French entity (“ARD”), Bioamber, S.A.S., a French entity (“Bioamber”) and DNP Green Technology, Inc., a Delaware corporation ...
Toll processing is also commonly referred to as contract processing, tolling, toll milling, toll conversion, toll manufacturing, or custom manufacturing. It is a process that can be defined as performing a specific service on the product of a client.
TOLL PROCESSING AGREEMENT THIS AGREEMENT is made this 16th day of August, 1999, by and between EMERGE INTERACTIVE, INC., (formerly EMERGE VISION SYSTEMS, INC.) a Delaware corporation ("EMERGE"), and ADM ANIMAL HEALTH & NUTRITION, a division of ARCHER-DANIELS-MIDLAND COMPANY, a Delaware corporation ("ADM").
Similar to toll manufacturing, contract manufacturing involves outsourcing production processes to a third-party company. In contract manufacturing, however, the third-party company hired to produce the goods is supplying the manufacturing process as well as sourcing all of the raw materials.
What Is a "toll Manufacturing Agreement"? Toll manufacturing occurs when one company processes goods or raw materials on behalf of another company through an agreement, according to BusinessDictionary. Toll manufacturing is also known as toll processing.
In case of any conflict between the Toll Manufacturing Agreement and the Annual Contract Order, the content and agreements of the Toll Manufacturing Agreement shall be binding. Gilead and APO will up-date the Annual Contract Order on regular basis during [ * ] of each calendar year. The next up-date will take place in year 2006. 2.
1.01 "Agreement" shall mean this Toll Manufacturing Agreement dated the date. first above written. 1.02 "Anniversary Date" shall mean the date falling on the same day of the. Month as the Commencement Date at intervals of twelve (12) Months. 1.03 "Commencement Date" shall mean the date hereof.
A key buzz word in the business world for years has been outsourcing, and specifically the upsides and downsides of it for both companies and countries.