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Sales Agreement Form
"I need a Hong Kong Sales Agreement Form for selling industrial machinery to a mainland Chinese company, with specific provisions for installment payments and pre-delivery testing requirements, to be effective from March 2025."
1. Parties: Identifies and defines the seller and buyer with their full legal names, registration details, and addresses
2. Background: Sets out the context of the sale and basic intentions of the parties
3. Definitions: Defines key terms used throughout the agreement for clarity and consistency
4. Sale and Purchase: Core terms of the sale including description of goods, quantity, and basic obligations
5. Price and Payment: Details of the purchase price, payment terms, method of payment, and any deposit requirements
6. Delivery: Terms regarding delivery method, timing, location, and transfer of risk
7. Title and Risk: Provisions regarding when ownership passes and who bears risk at different stages
8. Warranties and Representations: Standard warranties about the goods, their quality, and fitness for purpose
9. Termination: Circumstances under which the agreement can be terminated and consequences
10. General Provisions: Standard boilerplate clauses including notices, entire agreement, governing law, etc.
11. Execution: Signature blocks and execution formalities
1. Intellectual Property: Required when the goods involve IP rights, patents, trademarks, or licenses
2. Inspection and Testing: Include when goods need to be tested or inspected before acceptance
3. Insurance: Needed for high-value goods or when specific insurance requirements exist
4. Confidentiality: Include when sensitive information will be exchanged during the transaction
5. After-Sales Service: Required when maintenance, support, or warranty services are part of the deal
6. Force Majeure: Important for long-term supply arrangements or when dealing with manufacturing/supply chain dependencies
7. Export/Import Controls: Necessary for international sales or goods subject to trade restrictions
1. Schedule 1 - Specification of Goods: Detailed technical specifications, drawings, or descriptions of the goods
2. Schedule 2 - Price List: Detailed pricing information, especially for multiple items or variable pricing
3. Schedule 3 - Delivery Schedule: Detailed delivery timelines, especially for multiple shipments
4. Schedule 4 - Quality Standards: Specific quality requirements, standards, or certifications
5. Schedule 5 - Warranty Terms: Detailed warranty conditions and procedures
6. Appendix A - Required Documentation: List of documents required for the transaction (e.g., certificates of origin, test reports)
Authors
Manufacturing
Retail
Wholesale
Import/Export
Consumer Goods
Industrial Equipment
Technology
Fashion and Apparel
Electronics
Food and Beverage
Automotive
Medical Supplies
Legal
Procurement
Sales
Commercial
Finance
Operations
Compliance
Supply Chain
Business Development
Contract Management
Commercial Director
Procurement Manager
Sales Manager
Legal Counsel
Contract Administrator
Business Development Manager
Supply Chain Manager
Operations Director
Compliance Officer
Chief Financial Officer
Import/Export Manager
Vendor Relations Manager
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