Mandate to Procure and Advertise – B000

B000 - MANDATE TO PROCURE AND ADVERTISE
VER: 3.0
A Non-exclusive (Not a sole mandate) agreement that outlines MSM and a buyer's responsibility towards each other.
In short - MSM will do their best to procure according to the buyer's requirements and it is the buyer's obligation to immediately notify MSM of any changes in the buyer's listed procurement/order requirements, volumes, pricing, specifications and/or scheduling.

If you have previously submitted a "Mandate to Procure and Advertise" then this one will supercede any previous submissions. This should be confirmed by MSM on the confirmation of receipt for this document.

BUYER DETAILS

This agreement is entered into between the party named above ("Buyer") and Macadamia Services Management (MSM) ("Agent"), collectively referred to as the "Parties."

The Buyer grants MSM the right to list, advertise, facilitate bidding and procure specified products under agreed terms, subject to the conditions outlined below, and MSM’s standard Terms and Conditions according to the procurement schedule, to be provided to MSM, and its revisions and/or the actual listing on the platform.

The Buyer further confirms that the Authorised Person named above is designated by the undersigned as the primary contact for MSM and is authorised to act on behalf of the Buyer, including issuing and receiving instructions, approvals, and communications relating to procurement schedules and platform listings, unless MSM is notified in writing of a change.

The Buyer agrees to:
• Immediately notify MSM directly of any changes to product requirements, quantities, pricing, specifications or quality that would affect a seller's obligations. This can be done by making the required changes to the procurement schedule and sending it to sales@macsm.org or via changes to the actual platform listings. Receipt and acknowledgement of any instructions after sending it must be confirmed, mentioning the schedule that was revoked and the revision number of the schedule in force, if not directly applied to the platform.

MSM agrees to:
• Advertise the Buyer’s requirements in good faith, leveraging MSM’s trading platform and other marketing channels to secure optimal procurement of product.
• Provide regular updates on market conditions, seller interest, and trade outcomes.
• Notify the Buyer of any material changes affecting their procurement, including seller preferences and market trends.

Both parties shall comply with applicable laws, including the Protection of Personal Information Act (POPIA). MSM will handle any data provided in connection with this agreement in accordance with its Cyber Security and Data Protection Policy.

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