Draft of Trade Agreement

[Your Company Name], a company organized and existing under the laws of [Your Jurisdiction], with its principal place of business at [Your Company Address] ("Seller"), and

[Client's Name], a company organized and existing under the laws of [Client's Jurisdiction], with its principal place of business at [Client's Address] ("Buyer").


1. Sale of Goods

Seller agrees to sell, and Buyer agrees to purchase, the following goods ("Goods"):

Description of Goods: [Provide a detailed description of the goods being sold]

Quantity: [Specify the quantity of goods to be sold]

Price: [Specify the price per unit or total price for the goods]

 

2. Payment Terms

Buyer agrees to pay Seller the total amount of [Total Amount] for the Goods in accordance with the following payment terms:

Payment Method: [Specify the accepted payment methods, such as bank transfer, check, or credit card]

Payment Schedule: [Specify the schedule for payment, including any installment payments or milestones]

 

3. Delivery

Seller shall deliver the Goods to Buyer at the following location: [Delivery Address]. The delivery shall be completed by [Delivery Date].

 

4. Inspection and Acceptance

Upon delivery, Buyer shall have a period of [Number] days to inspect the Goods and notify Seller of any defects or non-conformities. If Buyer does not notify Seller of any defects within the specified period, the Goods shall be deemed accepted.

 

5. Title and Risk of Loss

Title to the Goods shall pass to Buyer upon delivery, and risk of loss or damage to the Goods shall pass to Buyer upon delivery.

 

6. Warranties

Seller warrants that the Goods shall conform to the description provided herein and shall be free from defects in materials and workmanship.

 

7. Limitation of Liability

Seller's liability under this Agreement shall be limited to the total amount paid by Buyer for the Goods.

 

8. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of [_____Jurisdiction_____].

 

10. Inspection and Testing

Outline the procedures for inspection and testing of the goods, including any requirements for third-party inspection or testing if necessary. Specify who will bear the costs associated with inspection and testing.

 

11. Packaging and Shipment

Detail the packaging requirements for the goods to ensure safe transport and delivery. Specify whether the seller or buyer is responsible for providing packaging materials and covering associated costs. Include provisions for shipment, such as transportation method, shipping terms and who is responsible for freight charges.

 

12. Intellectual Property

Address any intellectual property rights associated with the goods, including ownership of trademarks, patents, copyrights, or trade secrets. Specify whether the buyer will have the right to use any intellectual property associated with the goods and any restrictions on such use.

 

13. Force Majeure

Include a force majeure clause to address unforeseen events or circumstances beyond the control of the parties that may affect their ability to perform under the agreement. Specify the rights and obligations of the parties in the event of a force majeure event, including any extensions of time for performance or termination rights.

 

14. Confidentiality

 

Include provisions to protect the confidentiality of any proprietary or confidential information exchanged between the parties in connection with the sale of goods. Specify the scope of confidentiality obligations and any exceptions to confidentiality.

 

15. Dispute Resolution

Outline the procedures for resolving disputes that may arise under the agreement, including negotiation, mediation, and arbitration. Specify the governing law and jurisdiction for any legal proceedings related to the agreement.

 

16. Amendments

Include provisions specifying how the agreement may be amended or modified, including requirements for written consent from both parties.

 

17. Severability

Include a severability clause to ensure that if any provision of the agreement is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

 

18. Waiver

Specify that any waiver of rights or remedies under the agreement must be in writing and signed by the party granting the waiver.

 

9. Entire Agreement

This Agreement constitutes the entire agreement between the parties with respect to the sale of the Goods and supersedes all prior agreements, understandings, and representations, whether oral or written.

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

 

[Your Company Name]

 

By: ____________________________

[Your Name], [Your Position]

 

[Client's Name]

 

By: ____________________________

[Client's Name], [Client's Position]