STANDARD TERMS AND CONDITIONS (STC) v. 01/12/2026
FOR SUPPLIERS

Upon receipt of the herein Purchase Order, you agree to be bound by the following standard terms and conditions (“STC”):

  1. DEFINITION OF TERMS:
    1. Disclosing Party refers to the party who discloses personal or confidential information.
    2. Receiving Party refers to the party who receives such information.
    3. Confidential Information refers to all information designated as confidential, including personal data processed under this STC.
    4. SONAK refers to SONAK CORPORATION, its subsidiaries and affiliates.
    5. SUPPLIER refers to the party transacting with SONAK for goods or services.
    6. Party refers to SONAK or the SUPPLIER individually.
    7. Parties refers to both SONAK and the SUPPLIER collectively.
    8. Transaction refers to the delivery of services or goods indicated in the Purchase Order.
    9. Defective Product refers to goods not fit for intended use due to defects or flaws.
  2. DELIVERY AND DELAY
    Supplier shall deliver only goods conforming to SONAK’s specifications. Counterfeit items are a material breach. Delivery terms, inspection rights, penalties for delay, and risk of loss are defined in detail.
  3. PAYMENT AND TAXES
    Payments are due within 30 days unless otherwise stated. SONAK may pay via cash, transfer, or check. Taxes and duties are each party’s responsibility.
  4. REPLACEMENT POLICY
    SONAK may reject, deduct, replace, or terminate transactions for defective goods or services, and recover damages or costs from the supplier.
  5. PENALTY, INTERESTS AND LIQUIDATED DAMAGES
    Breaches such as counterfeit goods or IP violations trigger liquidated damages equal to transaction value.
  6. CONFIDENTIALITY
    Receiving Party must not disclose confidential information without consent. Obligations survive termination.
  7. DATA PRIVACY
    Both parties must comply with the Data Privacy Act of 2012 and related regulations.
  8. INTELLECTUAL PROPERTY
    Supplier cannot use SONAK’s trademarks, logos, or IP without written consent. Infringement is prohibited.
  9. WARRANTIES
    Supplier warrants authority, quality of goods, compliance with laws, and competence of personnel.
  10. INDEMNIFICATION
    Supplier indemnifies SONAK against claims, damages, and losses arising from performance of the transaction.
  11. TERMINATION
    SONAK may terminate with notice or immediately for breach, insolvency, fraud, misconduct, or failure to perform. Liquidated damages may apply.
  12. MISCELLANEOUS
    Includes arbitration, relationship disclaimers, non‑assignability, binding effect, amendments, governing law (Philippines), jurisdiction (Muntinlupa City), non‑waiver, applicability, and severability clauses.