Minutes of Meeting Sample

Template / Example of MOM between company & Supplier in word/ .doc Format

ROCKET SALES LTD

Minutes of Meeting on Coke supplier held on 01.04.2013 at Mumbai

Present :      

From RSL :                         From Coke Suppliers :

Shri Anil Jain                          Shri Lalu Prasad

Shri Akhil Sen                         Shri Vinayak Singh

Detailed discussion has been carried out regarding supply and price for the season 2013-14 and it has been agreed that suppliers will continue to supply the total quantity of 100000 MT in respect of each supplier totaling 200000 MT. The total new area quantity 100000 MT which was supposed to be procured from new area will be supplied by them and if there is any shortfall, the same will be made through regular area so that total commitment of 200000 MT from both the suppliers will be achieved by them.

As far as price is concerned, after mutual discussion both have been agreed to reduce bonus by Rs.100.00 per MT for the quantity slab and the revised slab on quarterly basis will be applicable from April 2013 onwards as under :

80 Km radius of RSL from April’13 to September’13

Quantity slab	Basic Price (Rs.per MT) Order Rate	Bonus (Rs.per MT)
0 – 50000	4500/-	NIL
50001-80000	4500/-	100/-
80001-100000	4500/-	200/-
100001-150000	4500/-	300/-
150001-180000	4500/-	400/-
180001-200000	4500/-	500/-

Both the suppliers have agreed to perform very well and they will complete the obligation of quantity during the season 2013-14. Also they have mentioned that they want long term relations.

For Rocket Sales Ltd.                                                        For Coke Suppliers

Anil Jain                                                                                 Lalu Prasad

           

Akhil Sen                                                                               Vinayak Singh