What you need in your vending contacts
A contract creates legal obligations between two or more “parties” (individuals, businesses, institutions, etc) involved in the contract. Contracts are agreements to exchange something of value (usually goods or services) that are enforceable in court. It is important to include the appropriate information in a contract to protect all parties and ensure fairness.
When drafting a contract the Vendor should always include;
Where the Location can contact the Vendor.
-Acknowledgement that the equipment provided is the sole property of the vendor.
-A lease period. It can be very costly to move equipment. So, getting a one to two year lease is ideal.
-would like you to remove the machines, this will give you time to find another location.