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Basic Sales Agreement
"I need a Basic Sales Agreement for my technology company to sell software licenses to corporate clients in India, with specific clauses for software updates and maintenance support through January 2025."
1. Parties: Identifies and provides full legal details of the seller and buyer, including registered addresses and company registration numbers
2. Background: Provides context for the agreement and briefly describes the intention of the parties to enter into a sales arrangement
3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent ambiguity
4. Scope of Sale: Clearly outlines what is being sold, including quantity, specifications, and quality standards
5. Price and Payment Terms: Details the purchase price, payment schedule, method of payment, and any applicable taxes
6. Delivery Terms: Specifies delivery timeline, location, method, and responsibility for shipping costs
7. Title and Risk: Establishes when ownership and risk of loss transfers from seller to buyer
8. Warranties and Representations: Lists standard warranties regarding product quality, ownership, and fitness for purpose
9. Termination: Outlines circumstances under which either party can terminate the agreement and the consequences
10. Governing Law and Jurisdiction: Specifies that Indian law governs the agreement and establishes jurisdiction for dispute resolution
11. Notice: Details how and where official communications between parties should be sent
12. Entire Agreement: Confirms that this document represents the complete agreement between parties
1. Intellectual Property Rights: Include when the sale involves products with associated intellectual property rights or licensed technology
2. Confidentiality: Add when sensitive information will be shared during the course of the sale relationship
3. Insurance: Include when specific insurance requirements need to be maintained by either party
4. Force Majeure: Add when parties want to address circumstances beyond their control that might affect performance
5. Export/Import Compliance: Include for international sales or when products are subject to export/import regulations
6. Quality Control and Inspection: Add for sales involving technical or specialized products requiring specific quality standards
7. Return and Refund Policy: Include when dealing with retail sales or when specific return conditions need to be established
8. After-Sales Service: Add when the sale includes maintenance, support, or warranty services
1. Schedule A - Product Specifications: Detailed technical specifications, drawings, or descriptions of the products being sold
2. Schedule B - Pricing Schedule: Detailed breakdown of prices, including any volume discounts or pricing tiers
3. Schedule C - Delivery Schedule: Specific delivery timelines and locations if multiple deliveries are involved
4. Schedule D - Quality Standards: Detailed quality parameters, testing procedures, and acceptance criteria
5. Schedule E - Warranty Terms: Detailed warranty terms, conditions, and claim procedures
6. Appendix 1 - Form of Purchase Order: Standard format for purchase orders to be used under the agreement
7. Appendix 2 - Contact Details: List of key contacts from both parties for various aspects of the agreement
Authors
Applicable Law
Business Day
Buyer
Confidential Information
Delivery Date
Delivery Location
Effective Date
Force Majeure Event
Goods
GST
Intellectual Property Rights
Invoice
Notice
Order
Parties
Price
Product Specifications
Purchase Order
Quality Standards
Seller
Specifications
Term
Territory
Warranty Period
Working Hours
Sale and Purchase
Price and Payment
Delivery
Title and Risk
Product Quality
Warranties and Representations
Inspection and Testing
Confidentiality
Intellectual Property
Indemnification
Insurance
Force Majeure
Term and Termination
Assignment
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Waiver
Relationship of Parties
Counterparts
Compliance with Laws
Tax
Liability Limitation
Records and Audit
Retail
Manufacturing
Wholesale Distribution
E-commerce
Consumer Goods
Industrial Products
Technology
Automotive
Electronics
Textiles
Food and Beverage
Construction Materials
Agricultural Products
Pharmaceuticals
Small and Medium Enterprises
Legal
Sales
Procurement
Commercial
Operations
Supply Chain
Finance
Compliance
Business Development
Vendor Management
Sales Manager
Procurement Manager
Legal Counsel
Contract Manager
Business Development Manager
Commercial Director
Supply Chain Manager
Chief Commercial Officer
Operations Manager
Vendor Relations Manager
Purchasing Officer
Sales Director
General Counsel
Compliance Officer
Chief Financial Officer
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