SUPPLY AGREEMENT

SAMPLE DOCUMENT — fictional, written by AbrahamMoses for demonstration. The parties, products and figures are invented.

This Supply Agreement is made on 2 June 2026 between Nordkap Components AS, a company registered in Norway (the "Supplier"), and Vireo Mobility AB, a company registered in Sweden (the "Buyer").

1. Supply of Goods
1.1 The Supplier shall manufacture and deliver to the Buyer the battery enclosures described in Annex A (the "Goods") in the quantities stated in each purchase order accepted by the Supplier.
1.2 The Buyer shall purchase at least 40,000 units of the Goods in each contract year.
1.3 The Buyer shall purchase the Goods exclusively from the Supplier and shall not source equivalent goods from any other supplier during the term.

2. Orders and Delivery
2.1 The Buyer shall place purchase orders at least eight (8) weeks before the requested delivery date.
2.2 The Supplier shall deliver the Goods DAP Buyer's plant in Trollhättan (Incoterms 2020).
2.3 If the Supplier delivers late, the Supplier shall pay liquidated damages of 0.5% of the value of the late Goods per week of delay, up to 5% of that value.

3. Prices and Payment
3.1 The price per unit is EUR 212.00, fixed until 31 December 2026.
3.2 From 1 January 2027 the Supplier may adjust prices in its sole discretion to reflect changes in raw material costs.
3.3 The Buyer shall pay each invoice within ninety (90) days of the date of the invoice.

4. Quality and Warranty
4.1 The Supplier warrants that the Goods will conform to the specifications in Annex A and be free from defects in materials and workmanship for twenty-four (24) months from delivery.
4.2 The Buyer shall inspect the Goods within five (5) Business Days of delivery and notify the Supplier of any visible defect.

5. Liability
5.1 The Supplier shall have unlimited liability for any defect in the Goods.
5.2 The Supplier's total liability under this Agreement shall not exceed EUR 500,000 in any contract year.

6. Intellectual Property
6.1 All tooling paid for by the Buyer is the property of the Buyer.
6.2 The Supplier assigns to the Buyer all intellectual property in the Goods, including any pre-existing intellectual property of the Supplier used in the Goods.

7. Term and Termination
7.1 This Agreement commences on 1 July 2026 and has an initial term of three (3) years.
7.2 Either party may terminate this Agreement for material breach that is not remedied within thirty (30) days of notice.

8. Force Majeure
Neither party is liable for failure to perform caused by events beyond its reasonable control, provided it notifies the other party promptly.

9. Governing Law
This Agreement shall be governed by the laws of Sweden, and disputes shall be resolved by the courts of Sweden.

Annex A — Specifications
Battery enclosure type VB-7, aluminium alloy 6061-T6, dimensions 820 x 540 x 130 mm, IP67 rated.