# Tender Back Rule Agreement
**This Tender Back Rule Agreement ("Agreement") is made and entered into as of [Insert Date], by and between:**
**[Insert Name of Party A]**
Address: [Insert Address]
("Party A")
and
**[Insert Name of Party B]**
Address: [Insert Address]
("Party B")
**Collectively referred to as "the Parties."**
---
## 1. Purpose
The purpose of this Agreement is to outline the terms and conditions under which Party A will accept tenders from Party B and the subsequent obligations pertaining to the "Tender Back Rule."
## 2. Definitions
- **"Tender"** shall mean any proposal or bid submitted by Party B to Party A for the provision of goods or services.
- **"Tender Back"** refers to the requirement for Party A to return all submitted tenders to Party B after the tender process has concluded, regardless of the outcome.
## 3. Obligations of the Parties
### 3.1 Party A’s Obligations
- Party A agrees to notify Party B of the outcome of each tender within [Insert Number of Days] days of the tender evaluation.
- Party A will return all tenders submitted by Party B within [Insert Number of Days] days after the outcome notification.
### 3.2 Party B’s Obligations
- Party B agrees to submit tenders in accordance with the requirements set forth by Party A.
- Party B will ensure that all tenders submitted do not infringe on any third-party rights and comply with all applicable laws.
## 4. Confidentiality
The Parties agree to keep all information related to the tenders confidential and not disclose any information to third parties without prior written consent, except as required by law.
## 5. Termination
This Agreement may be terminated by either party upon written notice if the other party breaches any material term of this Agreement and fails to rectify the breach within [Insert Number of Days] days after receiving written notice of such breach.
## 6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Insert State/Country], without regard to its conflict of law principles.
## 7. Entire Agreement
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, and negotiations between the Parties.
## 8. Amendments
No modification or amendment to this Agreement shall be effective unless in writing and signed by both Parties.
**IN WITNESS WHEREOF, the Parties have executed this Tender Back Rule Agreement as of the date first above written.**
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**Party A:**
_____________________________
[Insert Name]
[Insert Title]
Date: _______________
**Party B:**
_____________________________
[Insert Name]
[Insert Title]
Date: _______________
---
**Note:** It is advisable to consult with a legal professional to ensure compliance with local laws and applicability to specific circumstances.