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Wholesale Contract

Wholesale Contract Template for United Arab Emirates

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Key Requirements PROMPT example:

Wholesale Contract

"I need a Wholesale Contract for my Dubai-based electronics distribution company to supply smartphones and tablets to retailers across the UAE, with a minimum order quantity of 500 units and payment terms of 60 days from delivery, starting from March 2025."

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Document background
The Wholesale Contract is a fundamental commercial agreement used in the United Arab Emirates for establishing and governing bulk trading relationships between businesses. This document is essential for companies engaged in large-scale buying and selling of goods, particularly in Dubai and other UAE commercial hubs. The contract incorporates provisions compliant with UAE commercial law, including the Civil Code and Commercial Transactions Law, making it suitable for both local and international trade relationships. It typically includes detailed terms on pricing, minimum order quantities, delivery arrangements, payment terms, and quality standards. The agreement is particularly relevant for businesses operating in free zones and mainland UAE, and can be customized for various industries while maintaining compliance with UAE regulatory requirements.
Suggested Sections

1. Parties: Identification of the wholesaler and buyer, including full legal names, licenses, and registered addresses

2. Background: Context of the wholesale arrangement and brief description of each party's business

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Agreement: Details of products covered and nature of wholesale relationship

5. Ordering Process: Procedures for placing and accepting orders, including minimum order quantities

6. Pricing and Payment Terms: Product pricing, payment methods, credit terms, and currency specifications

7. Delivery and Logistics: Terms for delivery, shipping, risk transfer, and acceptance of goods

8. Quality Standards: Product specifications, quality requirements, and inspection rights

9. Warranties: Product warranties and quality guarantees

10. Term and Termination: Duration of agreement and grounds for termination

11. Confidentiality: Protection of confidential information and trade secrets

12. Compliance: Obligations to comply with UAE laws and regulations

13. Dispute Resolution: Process for resolving disputes under UAE law

14. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law

Optional Sections

1. Exclusivity: Terms of exclusive distribution rights, if applicable

2. Marketing and Promotion: Requirements for marketing and promoting products, if agreed

3. Storage Requirements: Specific storage conditions and requirements, particularly for sensitive products

4. Returns Policy: Procedures for handling returns and defective products

5. Insurance: Insurance requirements for higher-value products

6. Training: Product handling and sales training provisions, if required

7. Performance Targets: Minimum purchase requirements or sales targets

8. Territory Restrictions: Geographic limitations on sales activities

9. Force Majeure: Provisions for unforeseen circumstances affecting performance

Suggested Schedules

1. Schedule 1 - Product List: Detailed list of products covered under the agreement with specifications

2. Schedule 2 - Price List: Comprehensive pricing information including any volume discounts

3. Schedule 3 - Delivery Terms: Detailed delivery procedures, timeframes, and Incoterms

4. Schedule 4 - Quality Standards: Detailed product quality specifications and testing procedures

5. Schedule 5 - Service Level Agreement: Performance metrics and service standards

6. Appendix A - Order Form Template: Standard form for placing orders

7. Appendix B - Technical Specifications: Detailed technical requirements for products

8. Appendix C - Compliance Certificates: Required regulatory and quality certifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Definitions and Interpretation
Scope of Agreement
Term and Duration
Supply Obligations
Ordering Process
Pricing
Payment Terms
Delivery
Title and Risk
Quality Control
Product Specifications
Warranties
Product Returns
Storage Requirements
Documentation Requirements
Compliance
Intellectual Property
Confidentiality
Data Protection
Insurance
Liability
Force Majeure
Termination
Indemnification
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendment
Third Party Rights
Anti-Corruption
Export Control
Record Keeping
Relevant Industries

Consumer Goods

Electronics

Food and Beverage

Textile and Apparel

Construction Materials

Automotive Parts

Industrial Equipment

Medical Supplies

Pharmaceuticals

Home and Garden Products

Office Supplies

Telecommunications Equipment

Chemical Products

Agricultural Products

Luxury Goods

Relevant Teams

Legal

Procurement

Sales

Supply Chain

Operations

Commercial

Finance

Logistics

Compliance

Business Development

Contract Management

International Trade

Relevant Roles

Procurement Manager

Commercial Director

Supply Chain Manager

Sales Director

Business Development Manager

Operations Manager

Contract Manager

Legal Counsel

Chief Commercial Officer

Trading Manager

Purchasing Officer

Logistics Manager

Import/Export Manager

Wholesale Operations Director

Regional Sales Manager

Industries
UAE Federal Law No. 5 of 1985 (Civil Code): Governs the general principles of contracts, including formation, validity, interpretation, and termination of contracts
UAE Federal Law No. 18 of 1993 (Commercial Transactions Law): Regulates commercial transactions between merchants and establishes rules for commercial contracts and obligations
UAE Federal Law No. 18 of 1981 (Commercial Agency Law): Regulates commercial agency relationships and distribution agreements in the UAE
UAE Federal Law No. 24 of 2006 (Consumer Protection Law): While primarily for consumer protection, certain provisions may affect wholesale relationships, especially regarding product quality and safety
UAE Federal Law No. 4 of 2012 (Competition Law): Regulates anti-competitive practices and ensures fair competition in commercial transactions
UAE Federal Decree-Law No. 8 of 2017 (VAT Law): Governs Value Added Tax obligations in commercial transactions including wholesale trade
UAE Free Zone Regulations: Specific regulations that apply if either party operates within a UAE free zone, affecting trading terms and conditions
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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