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Contract

Sales Contract

A comprehensive sales contract covering product sales terms, delivery, warranties, and payment obligations.

Sales Contract

This Sales Contract (the "Contract") is entered into by and between seller_name (the "Seller") and buyer_name (the "Buyer"), collectively referred to as the "Parties" and individually as a "Party."

WHEREAS, Seller is in the business of selling and distributing certain goods and products; and WHEREAS, Buyer desires to purchase from Seller certain goods as described herein; NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:


1. Products

1.1 Description

Seller agrees to sell and Buyer agrees to purchase the following goods and products (collectively, the "Products"): product_description. The Products shall conform to the specifications, descriptions, and quality standards set forth in this Contract and any attached exhibits or schedules.

1.2 Specifications

The Products shall meet or exceed the specifications set forth in Exhibit A attached hereto and incorporated herein by reference. In the event of any conflict between the specifications in Exhibit A and this Contract, the terms of this Contract shall control unless the Parties agree otherwise in writing.

1.3 Samples and Prototypes

If Seller has provided samples or prototypes of the Products to Buyer prior to the execution of this Contract, the Products delivered under this Contract shall be substantially similar in quality, composition, and performance to such samples or prototypes, unless the Parties have agreed to modifications in writing.

1.4 Changes to Specifications

Buyer may request changes to the Product specifications by providing written notice to Seller. Seller shall evaluate such requests and provide Buyer with a written response, including any impact on pricing, delivery schedule, or other terms, within ten (10) business days. No changes to specifications shall be binding unless agreed to in writing by both Parties.

2. Purchase Price and Payment

2.1 Price

The total purchase price for the Products shall be total_price (the "Purchase Price"). The Purchase Price is inclusive of all costs associated with the manufacture and production of the Products but excludes shipping, insurance, and applicable taxes unless otherwise stated herein.

2.2 Payment Terms

Buyer shall pay the Purchase Price according to the following schedule: (a) twenty-five percent (25%) of the Purchase Price shall be due upon execution of this Contract as a non-refundable deposit; (b) fifty percent (50%) of the Purchase Price shall be due upon Seller's written notification that the Products are ready for shipment; and (c) the remaining twenty-five percent (25%) shall be due within thirty (30) days of delivery and acceptance of the Products.

2.3 Payment Method

All payments shall be made in United States Dollars by wire transfer, ACH, or check to the account designated by Seller. Seller shall provide Buyer with appropriate invoices for each payment installment, and Buyer shall pay each invoice within the time period specified in Section 2.2.

2.4 Late Payments

Any payment not received by the due date shall accrue interest at the rate of one and one-half percent (1.5%) per month, or the maximum rate permitted by applicable law, whichever is less, from the due date until the date of actual payment. Buyer shall also be responsible for all costs of collection, including reasonable attorneys' fees, incurred by Seller in collecting any overdue amounts.

2.5 Taxes

The Purchase Price does not include any sales, use, excise, value-added, or similar taxes. Buyer shall be responsible for all such taxes applicable to the purchase of the Products, except for taxes based on Seller's income. If Seller is required by law to collect any such taxes, Buyer shall pay such taxes to Seller in addition to the Purchase Price.

2.6 Set-Off

Buyer shall not withhold, set off, or deduct any amounts from payments due to Seller under this Contract without Seller's prior written consent, except to the extent expressly permitted by this Contract or required by applicable law.

3. Delivery

3.1 Delivery Date

Seller shall deliver the Products to Buyer on or before delivery_date (the "Delivery Date"). Seller shall use commercially reasonable efforts to meet the Delivery Date but shall not be liable for delays caused by events beyond Seller's reasonable control, as described in the Force Majeure section of this Contract.

3.2 Delivery Location

The Products shall be delivered to the location specified by Buyer in writing (the "Delivery Location"). If Buyer does not specify a Delivery Location, the Products shall be delivered to Buyer's principal place of business as set forth in this Contract.

3.3 Shipping and Insurance

Unless otherwise agreed in writing, all Products shall be shipped FOB Seller's facility. Title to and risk of loss of the Products shall pass from Seller to Buyer upon delivery of the Products to the common carrier at Seller's facility. Seller shall arrange for shipping and insurance at Buyer's expense, and Buyer shall reimburse Seller for all shipping and insurance costs within fifteen (15) days of receipt of Seller's invoice therefor.

3.4 Partial Deliveries

Seller may make partial deliveries of the Products, and each partial delivery shall constitute a separate sale. Seller's failure to deliver any installment shall not entitle Buyer to cancel any other installment. Seller shall invoice Buyer for each partial delivery in accordance with the payment terms set forth in Section 2.2, adjusted pro rata for the quantity delivered.

3.5 Delivery Delays

If Seller anticipates that it will be unable to deliver the Products by the Delivery Date, Seller shall promptly notify Buyer in writing, specifying the reasons for the delay and the estimated revised delivery date. If the delay exceeds thirty (30) days beyond the original Delivery Date (other than a delay caused by Force Majeure), Buyer may, at its option, cancel the affected portion of the order by providing written notice to Seller within ten (10) days of receiving notice of the delay.

4. Inspection and Acceptance

4.1 Inspection Period

Buyer shall have a period of fifteen (15) business days following delivery of the Products (the "Inspection Period") to inspect the Products and determine whether they conform to the specifications set forth in this Contract. During the Inspection Period, Buyer may test and examine the Products in a manner consistent with industry standards and Buyer's normal business practices.

4.2 Acceptance

The Products shall be deemed accepted by Buyer upon the earlier of: (a) Buyer's written notice to Seller that the Products conform to the specifications; (b) Buyer's use of the Products in the ordinary course of its business (other than for testing purposes); or (c) expiration of the Inspection Period without Buyer providing written notice of rejection to Seller.

4.3 Rejection

If Buyer determines during the Inspection Period that any Products do not conform to the specifications set forth in this Contract, Buyer shall provide Seller with written notice of rejection specifying in reasonable detail the nature of the non-conformity. Upon receipt of such notice, Seller shall, at its option and expense: (a) repair or replace the non-conforming Products within a reasonable time; or (b) refund the portion of the Purchase Price attributable to the non-conforming Products. This shall be Buyer's sole and exclusive remedy for non-conforming Products.

4.4 Cure Period

Seller shall have thirty (30) days from receipt of Buyer's notice of rejection to cure any non-conformity by repairing or replacing the non-conforming Products. If Seller is unable to cure the non-conformity within such period, Buyer may return the non-conforming Products to Seller for a full refund of the portion of the Purchase Price attributable to such Products.

5. Warranties

5.1 Product Warranty

Seller warrants that the Products shall: (a) conform to the specifications set forth in this Contract; (b) be free from defects in materials and workmanship for a period of twelve (12) months from the date of delivery (the "Warranty Period"); (c) be merchantable and fit for the ordinary purposes for which such Products are used; and (d) comply with all applicable federal, state, and local laws, regulations, and standards.

5.2 Title Warranty

Seller warrants that it has good and marketable title to the Products, free and clear of all liens, encumbrances, and security interests, and that Seller has full right, power, and authority to sell and transfer the Products to Buyer.

5.3 Warranty Claims

If any Product fails to conform to the warranties set forth in this Section during the Warranty Period, Buyer shall notify Seller in writing within thirty (30) days of discovering the defect. Upon receipt of such notice, Seller shall, at its option and expense: (a) repair the defective Product; (b) replace the defective Product with a conforming Product; or (c) refund the Purchase Price attributable to the defective Product. Seller shall bear all costs of shipping defective Products to Seller and shipping repaired or replacement Products to Buyer.

5.4 Warranty Exclusions

The warranties set forth in this Section shall not apply to any Products that have been: (a) modified, altered, or repaired by anyone other than Seller or its authorized representatives; (b) subjected to misuse, abuse, neglect, or abnormal conditions of use; (c) damaged by accident, acts of God, or other causes beyond Seller's control; or (d) used in a manner inconsistent with Seller's written instructions or specifications.

5.5 Disclaimer

EXCEPT AS EXPRESSLY SET FORTH IN THIS CONTRACT, SELLER MAKES NO WARRANTIES, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. THE WARRANTIES SET FORTH IN THIS CONTRACT ARE THE SOLE AND EXCLUSIVE WARRANTIES GIVEN BY SELLER WITH RESPECT TO THE PRODUCTS.

6. Intellectual Property

6.1 Ownership

All intellectual property rights in and to the Products, including patents, copyrights, trademarks, trade secrets, and other proprietary rights, shall remain the exclusive property of Seller. Nothing in this Contract shall be construed as granting Buyer any rights in Seller's intellectual property, except as expressly set forth herein.

6.2 Indemnification

Seller shall indemnify, defend, and hold harmless Buyer from and against any and all claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to any claim that the Products infringe or misappropriate any third party's intellectual property rights, provided that Buyer promptly notifies Seller of any such claim and provides Seller with reasonable cooperation in the defense thereof.

7. Limitation of Liability

IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, REVENUE, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR RELATING TO THIS CONTRACT, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

SELLER'S TOTAL AGGREGATE LIABILITY UNDER THIS CONTRACT SHALL NOT EXCEED THE TOTAL PURCHASE PRICE PAID OR PAYABLE BY BUYER UNDER THIS CONTRACT. THIS LIMITATION SHALL APPLY REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE.

8. Indemnification

8.1 Seller Indemnification

Seller shall indemnify, defend, and hold harmless Buyer and its officers, directors, employees, agents, and affiliates from and against any and all third-party claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (a) any breach by Seller of its representations, warranties, or obligations under this Contract; (b) any defect in the Products, including product liability claims; or (c) Seller's negligence or willful misconduct in performing its obligations under this Contract.

8.2 Buyer Indemnification

Buyer shall indemnify, defend, and hold harmless Seller and its officers, directors, employees, agents, and affiliates from and against any and all third-party claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to: (a) any breach by Buyer of its representations, warranties, or obligations under this Contract; (b) Buyer's misuse of the Products or use of the Products in a manner inconsistent with this Contract or Seller's written instructions; or (c) Buyer's negligence or willful misconduct.

9. Confidentiality

Each Party acknowledges that, in connection with this Contract, it may receive confidential and proprietary information of the other Party. Each Party agrees to hold such information in strict confidence and not to disclose it to any third party without the prior written consent of the disclosing Party. This obligation shall survive the termination or expiration of this Contract for a period of three (3) years.

Confidential information shall not include information that: (a) is or becomes publicly available through no fault of the receiving Party; (b) was known to the receiving Party prior to disclosure; (c) is independently developed by the receiving Party without use of confidential information; or (d) is rightfully obtained from a third party without restriction on disclosure.

10. Term and Termination

10.1 Term

This Contract shall be effective as of the date of execution and shall remain in effect until all obligations of the Parties hereunder have been fully performed, unless earlier terminated in accordance with this Section.

10.2 Termination for Cause

Either Party may terminate this Contract immediately upon written notice to the other Party if: (a) the other Party materially breaches this Contract and fails to cure such breach within thirty (30) days after receiving written notice thereof; (b) the other Party becomes insolvent, files for bankruptcy, or makes an assignment for the benefit of creditors; or (c) the other Party ceases to conduct business in the normal course.

10.3 Termination for Convenience

Buyer may terminate this Contract for convenience upon thirty (30) days' prior written notice to Seller. In the event of such termination, Buyer shall pay Seller for all Products delivered and accepted prior to the effective date of termination, as well as all reasonable costs incurred by Seller in connection with the manufacture or procurement of Products not yet delivered, including any cancellation charges imposed by Seller's suppliers.

10.4 Effect of Termination

Upon termination of this Contract for any reason: (a) all rights and obligations of the Parties shall cease, except for those that by their nature are intended to survive termination; (b) Buyer shall pay all amounts due to Seller for Products delivered and accepted; and (c) each Party shall return or destroy all confidential information of the other Party in its possession.

11. Force Majeure

Neither Party shall be liable for any failure or delay in performing its obligations under this Contract to the extent such failure or delay results from circumstances beyond the Party's reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, epidemics, pandemics, quarantine restrictions, strikes, labor disputes, or shortages of transportation, facilities, fuel, energy, labor, or materials (each, a "Force Majeure Event").

The affected Party shall promptly notify the other Party in writing of the Force Majeure Event and its expected duration, and shall use commercially reasonable efforts to minimize the impact of the Force Majeure Event and resume performance as soon as practicable. If a Force Majeure Event continues for more than ninety (90) days, either Party may terminate this Contract upon written notice to the other Party.

12. Dispute Resolution

12.1 Negotiation

In the event of any dispute, controversy, or claim arising out of or relating to this Contract, the Parties shall first attempt to resolve the dispute through good faith negotiations. Either Party may initiate such negotiations by providing written notice to the other Party describing the dispute in reasonable detail.

12.2 Mediation

If the Parties are unable to resolve the dispute through negotiation within thirty (30) days of the initial notice, either Party may submit the dispute to mediation administered by the American Arbitration Association in accordance with its Commercial Mediation Procedures. The mediation shall take place in a mutually agreed location, and the costs of mediation shall be shared equally by the Parties.

12.3 Arbitration

If the Parties are unable to resolve the dispute through mediation within sixty (60) days of the submission to mediation, either Party may submit the dispute to binding arbitration administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules. The arbitration shall be conducted by a single arbitrator selected in accordance with such Rules. The arbitrator's decision shall be final and binding, and judgment upon the award may be entered in any court having jurisdiction thereof.

13. General Provisions

13.1 Entire Agreement

This Contract, together with all exhibits and schedules attached hereto, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, negotiations, representations, and communications, whether oral or written.

13.2 Amendments

This Contract may not be amended, modified, or supplemented except by a written instrument signed by both Parties. No waiver of any provision of this Contract shall be effective unless in writing and signed by the Party granting the waiver.

13.3 Assignment

Neither Party may assign or transfer this Contract or any of its rights or obligations hereunder without the prior written consent of the other Party, except that either Party may assign this Contract to a successor in connection with a merger, acquisition, or sale of all or substantially all of its assets, provided that the assignee agrees in writing to be bound by the terms of this Contract.

13.4 Severability

If any provision of this Contract is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect, and the invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable while preserving the Parties' original intent.

13.5 Notices

All notices required or permitted under this Contract shall be in writing and shall be deemed effectively given: (a) upon personal delivery; (b) upon confirmed transmission by email; (c) one (1) business day after deposit with a nationally recognized overnight courier; or (d) three (3) business days after deposit in the United States mail, postage prepaid, certified or registered, return receipt requested, addressed to the Party at the address set forth herein or such other address as the Party may designate by written notice.

13.6 Governing Law

This Contract shall be governed by and construed in accordance with the laws of the state in which Seller's principal place of business is located, without regard to its conflict of laws principles.

13.7 Counterparts

This Contract may be executed in one or more counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. Electronic signatures shall be deemed original signatures for all purposes.


IN WITNESS WHEREOF, the Parties have executed this Sales Contract as of the date last signed below.

Seller

seller_name

[Electronic signature will be collected via zsign]

[Date will be recorded automatically]

Buyer

buyer_name

[Electronic signature will be collected via zsign]

[Date will be recorded automatically]

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