Vendor Terms & Conditions
These Standard Terms and Conditions constitute the terms and conditions of the Purchase Order between Smithfield Foods, Inc. or any of its subsidiaries identified on the Purchase Order (“BUYER”) and the selling party identified on the Purchase Order (“SELLER”). Each Purchase Order of BUYER is subject to these Standard Terms and Conditions. Such Purchase Order becomes a contract, subject to the terms and conditions of this Agreement, when acknowledgement has been signed and returned by the SELLER or upon commencement of performance by SELLER; provided, however, that failure of such Purchase Order to become a contract shall not relieve SELLER of any liability, or deprive BUYER of any rights or remedies, pursuant to the this Agreement for SELLER’s failure to sign and return such an acknowledgement or to commence such performance, unless such failure is excused under the terms of this Agreement.