2 parties      Purchase order      Delivery     Samples     Insurance      Renewal and termination      Liability

What is a Sale of Goods agreement?

A Sale of Goods Agreement, also known as a Sales Agreement or Purchase Agreement, is a legal contract between a seller and a buyer that outlines the terms and conditions governing the sale and purchase of goods. This type of agreement is commonly used in commercial transactions where goods are being bought and sold. Sale of Goods Agreement helps establish clear expectations and responsibilities for both parties, protects their interests, and promotes a smooth and successful transaction.

Tips

• Specify Pricing, discounts and delivery times: Clearly outline the purchase price for the goods, including any applicable taxes, fees, or shipping costs.
• Address Delivery and Acceptance: Define the terms and conditions for the delivery of the goods, including the delivery date, shipping method, and location of delivery. Specify the procedures for inspecting and accepting the goods upon delivery.

 2 parties      Collaborative working principles      Targets     Parterships level     Insurance      Renewal and termination

What is a Reseller Agreement?

A Reseller agreement is a legal contract between a manufacturer, distributor, or service provider (the “supplier”) and an independent party or company (the “reseller”) who agrees to purchase and resell the supplier’s products or services to end customers. The reseller essentially acts as an intermediary between the supplier and the end customers, buying products or services from the supplier at a wholesale price and then selling them to customers at a retail price.

Tips

• Protect Intellectual Property: Clearly define ownership rights to trademarks, logos, copyrights, and other intellectual property associated with the products or services. Specify how the reseller may use or display the supplier’s intellectual property.
• Include Termination Provisions: Define the circumstances under which the agreement may be terminated, such as breaches of contract, insolvency, or changes in business conditions. Specify any notice periods and procedures for termination.