SayPro Sales Agreement Template
This Sales Agreement template is designed to outline the terms and conditions of the sale of dictionary products between SayPro and wholesalers (the Buyer). This agreement ensures that both parties have a clear understanding of their roles, responsibilities, pricing, payment terms, delivery, and dispute resolution processes.
SALES AGREEMENT
This Sales Agreement (“Agreement”) is made and entered into as of the [Date] by and between:
- Seller: SayPro (hereinafter referred to as “Seller”),
located at [Seller’s Address]; and - Buyer: [Buyer’s Full Legal Name] (hereinafter referred to as “Buyer”),
located at [Buyer’s Address].
Both Seller and Buyer are collectively referred to as the “Parties”.
1. SALE OF PRODUCTS
1.1 Products Sold: The Seller agrees to sell, and the Buyer agrees to purchase, the following dictionary products (collectively, the “Products”):
| Product Name | Description | Quantity | Unit Price | Total Price |
|---|---|---|---|---|
| [Product 1 Name] | [Description of Product 1] | [Qty] | [Price] | [Total] |
| [Product 2 Name] | [Description of Product 2] | [Qty] | [Price] | [Total] |
| [Product 3 Name] | [Description of Product 3] | [Qty] | [Price] | [Total] |
1.2 Total Purchase Price: The total amount payable by the Buyer for the Products is [Total Amount] USD.
2. PAYMENT TERMS
2.1 Payment Method: Buyer agrees to pay for the Products via one of the following methods:
- [Bank Transfer]
- [Credit Card]
- [PayPal]
- [Other] (Specify)
2.2 Payment Schedule:
- Deposit: An initial deposit of [Deposit Amount] (percentage or fixed amount) is required upon execution of this Agreement.
- Final Payment: The balance of the purchase price, [Remaining Amount], shall be due [number of days] after the delivery date or upon receipt of invoice.
2.3 Late Payment: If Buyer fails to make any payment on time, the Buyer will incur a late fee of [Late Fee Percentage] per month on the unpaid balance, starting on the [Day] following the due date.
3. DELIVERY TERMS
3.1 Delivery Method: Seller shall ship the Products to the Buyer using a reputable shipping company. Delivery will be made to the following address:
- Shipping Address: [Buyer’s Shipping Address]
3.2 Shipping Costs: The Buyer is responsible for all shipping costs, unless otherwise agreed. Shipping fees will be calculated and added to the final invoice.
3.3 Delivery Timeline: The expected delivery date for the Products is [Date], subject to availability of stock. The Seller will make reasonable efforts to deliver by this date but is not liable for any delays outside of its control.
3.4 Risk of Loss: The risk of loss or damage to the Products passes to the Buyer upon delivery to the shipping company.
4. WARRANTIES AND RETURNS
4.1 Product Warranties: The Seller warrants that the Products are free from defects in materials and workmanship. If any Product is found to be defective within [Warranty Period] from the delivery date, the Buyer may request a replacement or refund.
4.2 Returns: Buyer may return the Products within [Return Period] days of receipt if they are defective or not in accordance with the specifications outlined in this Agreement. Return shipping costs will be borne by the Buyer unless the return is due to a defect in the Products.
5. TERMS AND CONDITIONS
5.1 Title and Ownership: Title to and ownership of the Products shall pass to the Buyer upon full payment of the purchase price.
5.2 Confidentiality: Both Parties agree to maintain confidentiality concerning all proprietary and confidential information disclosed during the term of this Agreement. This obligation shall continue for [number of years] years after the termination of the Agreement.
5.3 Indemnification: The Buyer agrees to indemnify and hold harmless the Seller from any liability, loss, or damage arising out of the Buyer’s misuse or unauthorized distribution of the Products.
6. TERM AND TERMINATION
6.1 Term: This Agreement shall be effective as of the date it is executed and shall remain in force until all Products have been delivered, and payment has been made in full.
6.2 Termination for Breach: Either Party may terminate this Agreement if the other Party fails to perform any material obligation and does not cure such failure within [number of days] days after receiving written notice of the breach.
6.3 Termination for Convenience: Either Party may terminate this Agreement for convenience with [number of days] days’ written notice to the other Party.
7. DISPUTE RESOLUTION
7.1 Arbitration: Any dispute or claim arising out of or relating to this Agreement shall be resolved through binding arbitration conducted in [Location] under the rules of the [Arbitration Organization]. The decision of the arbitrator shall be final and binding.
7.2 Governing Law: This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
8. MISCELLANEOUS
8.1 Force Majeure: Neither Party shall be held liable for failure to perform their obligations under this Agreement due to events beyond their reasonable control, including but not limited to natural disasters, wars, strikes, or government actions.
8.2 Entire Agreement: This Agreement constitutes the entire understanding between the Parties regarding the subject matter herein and supersedes any prior agreements, whether written or oral, relating to the same.
8.3 Amendments: Any amendments or modifications to this Agreement must be made in writing and signed by both Parties.
8.4 Severability: If any provision of this Agreement is found to be invalid or unenforceable, the remainder of the Agreement will continue in full force and effect.
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the date first written above.
Seller:
Name: ___________________________
Title: ___________________________
Signature: _______________________
Date: ___________________________
Buyer:
Name: ___________________________
Title: ___________________________
Signature: _______________________
Date: ___________________________
Conclusion
This Sales Agreement template provides a clear, legally binding structure for the sale of dictionary products between SayPro and wholesalers. It includes essential details such as payment terms, delivery methods, warranties, and dispute resolution. Both parties are encouraged to review and modify this template according to specific needs, legal requirements, and business practices.
Leave a Reply