Consumables contracts are valid for two years, which can be described as one year. For example, the validity period of this supply agreement is one year, that is, from a certain day to a certain day. In case of any dispute during the execution of this contract, both parties shall settle it through friendly negotiation; if negotiation fails, they shall bring a lawsuit to the court where Party A is located. This contract shall come into effect from the date of signing and shall be valid for one year. This contract is made in duplicate, with the same legal effect.
An agreement between the parties or between the parties to establish, change or terminate a civil relationship is a contract.