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the important elements of contract with vendors really arent any different than any act but I always like to say you want a document who what and where and win and sometimes how so in a contract with vendors the who would be who are the parties to the contract whos buying whos selling the what would be exactly whats being bought or sold the when would be the timing is this going to happen contemporaneous is it going to happen right now is it going to happen in a month is it going to be on an ongoing agreement how is this going to work and then the how would be you know the actual delivery of the product or service so those are the the bare-bones basics that need to be covered in a vendor agreement