Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Forward Sale Agreement
"Need a Forward Sale Agreement for the purchase of 10,000 metric tons of wheat, with delivery scheduled for March 2025, including quality specifications for food-grade wheat and price adjustment mechanisms for market fluctuations."
1. Parties: Identification and details of contracting parties
2. Background: Context and purpose of the forward sale agreement
3. Definitions: Key terms used throughout the agreement
4. Subject Matter: Description of goods/assets being sold forward
5. Price and Payment Terms: Purchase price, payment schedule, and method
6. Delivery Terms: Timing, location, and method of delivery
7. Representations and Warranties: Statements of fact and assurances by parties
8. Term and Termination: Duration and termination provisions
9. Governing Law and Jurisdiction: Specification of Singapore law and jurisdiction
10. Notices: Communication procedures between parties
1. Force Majeure: Events beyond parties' control affecting performance - used for long-term or international contracts
2. Hedging Provisions: Risk management mechanisms - used when price volatility is a concern
3. Quality Specifications: Detailed product requirements - used when dealing with commodities or specialized goods
4. Compliance with Laws: Specific regulatory compliance requirements - used when dealing with regulated products or industries
5. Insurance: Insurance requirements and obligations - used for high-value transactions or specific risk scenarios
1. Schedule 1 - Product Specifications: Detailed description of goods/assets including technical specifications
2. Schedule 2 - Pricing Formula: Detailed calculation method for forward price including any adjustments
3. Schedule 3 - Delivery Schedule: Detailed timeline and logistics for delivery including any specific requirements
4. Schedule 4 - Quality Standards: Technical specifications, quality standards, and testing procedures
5. Schedule 5 - Form of Notice: Template forms for various notices required under the agreement
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.