SALES AGREEMENT
This Sales Agreement (the “Agreement) in entered into (the “Effective Date”), by and
between _(the “Seller”) of (address) and ________(the
“Buyer” of __address BACKGROUND Seller is the manufacturer/distributor of the following product(s)_____
Buyer wishes to purchase the afore-mentioned product(s)
THEREFORE, the Parties agree as follows:
- Sale of Goods
Seller shall make available for sale and Buyer shall purchase__________________(“Goods”) - Delivery
Seller shall deliver the goods to the buyer at_______________. The Goods shall be deemed
delivered when Buyer has accepted delivery at the above-referenced location. - Purchase Price and Payments
Seller agrees to sell the Goods to the Buyer for_____________. Seller will provide an invoice to
the buyer at the time of delivery. All invoices must be paid in full, within thirty (30) days. Any
balances not paid within thirty (30) days will be subject to a five percent (5%) late payment
penalty. - Inspection of Goods and Rejection
Buyer is entitled to inspect the Good upon delivery. If the Goods are unacceptable for any
reason, Buyer must reject them at the time of delivery up to _______business days from the date
of delivery. If the Buyer has not rejected the goods within _______business days from the date
of delivery, Buyer shall have waived any right to reject that specific delivery of Goods.
In the event the Buyer rejects the Goods, Buyer shall allow Seller a reasonable time to cure the
deficiency. A reasonable time period shall be determined by industry standards for the particular
Goods, as well as the Seller and the Buyer. - Risk of Loss
Risk of loss will be on the Seller until the time when the Buyer accepts delivery. Seller shall
maintain any and all necessary insurance in order to insure the Goods against loss at Seller’s own
expense. - Title
Title to the Goods will remain with the Seller until Buyer accepts delivery. - Termination
Either Party to this Agreement may terminate this Agreement upon a written notice of
termination to the other Party. Unless otherwise mutually agreed to in writing, upon the
termination of this Agreement, any arrangement for Services then in effect will immediately
terminate. - Disputes
Except as otherwise specifically agreed in writing by both parties, any dispute relating to any
rights and or obligations arising in this Agreement which is not resolved by the parties shall be
adjudicated by any court of competent jurisdiction. - Entirety
This contract represents the entire agreement between the two parties and supersedes any
previous written or oral agreement. This agreement may be modified at any time, provided the
written consent of both the Buyer and the Seller. - Severability
The parties agree that if any portion of this contract is found to be void or unenforceable, it shall
be struck from the record and the remaining provisions will retain their full force and effect. - Jurisdiction
This contract shall be governed, interpreted, and construed in accordance with the laws of
[STATE, PROVINCE OR TERRITORY].
In Witness Whereof, this Agreement is duly executed by the duly authorized representatives of
the parties as set forth below:
Seller’s Signature Date
Buyer’s Signature Date
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