Bulk Sales Agreement Template for Malaysia

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Key Requirements PROMPT example:

Bulk Sales Agreement

"I need a Bulk Sales Agreement under Malaysian law for my manufacturing company to purchase industrial chemicals from a supplier, with minimum quarterly orders of 10,000 liters and delivery to multiple facilities starting March 2025."

Document background
A Bulk Sales Agreement is essential for businesses engaged in high-volume trading of goods in Malaysia. This document is typically used when parties plan to establish a long-term relationship involving regular large-quantity purchases, where standardized terms for ordering, delivery, quality control, and payment need to be clearly defined. The agreement must comply with Malaysian commercial law, including the Contracts Act 1950 and Sale of Goods Act 1957, while addressing practical business requirements such as volume-based pricing, delivery schedules, and quality standards. It's particularly relevant for manufacturers, wholesalers, and large-scale retailers who need a robust legal framework for their bulk trading operations.
Suggested Sections

1. Parties: Identification of seller and buyer, including registration numbers and addresses

2. Background: Context of the agreement, business relationship, and purpose of the bulk sales arrangement

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

4. Scope of Agreement: Overview of products, quantities, and nature of bulk sales arrangement

5. Order and Delivery: Process for placing orders, minimum quantities, delivery terms, and timeframes

6. Price and Payment: Pricing structure, payment terms, invoicing, and any volume-based discounts

7. Quality and Specifications: Product specifications, quality standards, and inspection rights

8. Title and Risk: Transfer of ownership and risk in goods

9. Warranties: Product warranties, quality guarantees, and fitness for purpose

10. Term and Termination: Duration of agreement and termination provisions

11. Confidentiality: Protection of confidential information and trade secrets

12. Force Majeure: Events beyond parties' control affecting performance

13. Governing Law: Application of Malaysian law and jurisdiction

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

Optional Sections

1. Exclusivity: Used when parties agree to exclusive supply/purchase arrangements

2. Forecast and Planning: Include when regular supply planning and forecasting is required

3. Storage and Warehousing: Required when seller provides storage facilities or maintains inventory

4. Insurance: Detailed insurance requirements beyond standard coverage

5. Intellectual Property: Needed when branded products or licensed materials are involved

6. Compliance with Standards: For regulated industries or specific certification requirements

7. Export/Import Requirements: For international bulk sales transactions

8. Performance Metrics: When specific KPIs or service levels are to be maintained

9. Change Control: For agreements requiring formal process for changes to specifications or terms

Suggested Schedules

1. Schedule 1 - Product Specifications: Detailed technical specifications of products

2. Schedule 2 - Pricing Schedule: Detailed pricing structure, including volume discounts and price adjustment mechanisms

3. Schedule 3 - Delivery Locations: List of approved delivery points and specific delivery requirements

4. Schedule 4 - Quality Standards: Detailed quality requirements, testing procedures, and acceptance criteria

5. Schedule 5 - Order Procedures: Detailed procedures for ordering, including forms and timeframes

6. Schedule 6 - Key Contacts: List of key personnel and their roles for both parties

7. Schedule 7 - Service Level Requirements: Specific performance metrics and service levels if applicable

8. Appendix A - Form of Purchase Order: Standard form for placing orders under the agreement

9. Appendix B - Quality Control Certificates: Required forms and certificates for quality assurance

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

Clauses
Relevant Industries

Manufacturing

Wholesale Trade

Agriculture

Mining

Chemical Industry

Food and Beverage

Construction Materials

Textiles

Commodities Trading

Retail (Supply Chain)

Industrial Supplies

Pharmaceuticals

Relevant Teams

Legal

Procurement

Supply Chain

Operations

Finance

Quality Assurance

Logistics

Commercial

Risk Management

Compliance

Relevant Roles

Procurement Manager

Supply Chain Director

Commercial Director

Legal Counsel

Chief Operating Officer

Purchasing Manager

Operations Manager

Contract Manager

Business Development Manager

Logistics Manager

Quality Assurance Manager

Finance Director

Industries
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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