The Seller's Agreement serves as a foundational document for commercial transactions in the United States, providing legal protection and clarity for both parties involved in the sale of goods or services. This contract type is essential for businesses engaging in regular sales activities and needs to comply with federal regulations including the Uniform Commercial Code and state-specific commercial laws. It typically includes detailed terms about product specifications, pricing, delivery, warranties, and dispute resolution procedures, helping prevent misunderstandings and providing a clear framework for the business relationship.
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1. Parties: Identifies all parties to the agreement, including legal names and addresses
2. Background/Recitals: Explains the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Products/Services: Detailed description of products or services being sold
5. Pricing and Payment Terms: Details of pricing, payment methods, and payment schedules
6. Delivery Terms: Shipping, delivery timeframes, and transfer of risk
7. Term and Termination: Duration of agreement and termination conditions
8. Governing Law: Specifies jurisdiction and applicable laws
1. Warranties: Product/service warranties and limitations - use when offering specific guarantees or warranties
2. Intellectual Property: IP rights and protections - use when dealing with branded products or proprietary information
3. Insurance Requirements: Required insurance coverage - use when dealing with high-value or high-risk products
4. Confidentiality: Protection of confidential information - use when sharing sensitive business information
5. Force Majeure: Provisions for unforeseen circumstances - use when long-term commitments are involved
1. Product Schedule: Detailed list of products with specifications and prices
2. Service Level Agreement: Specific performance metrics and standards
3. Quality Standards: Required quality specifications and testing procedures
4. Return Policy: Procedures for handling returns and refunds
5. Compliance Requirements: Industry-specific compliance obligations
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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