The Product Sales Agreement Contract serves as a foundational document for businesses engaged in the sale and purchase of products within or from the UAE. This agreement type is essential for establishing clear commercial terms while ensuring compliance with UAE legislation, including the Civil Code (Federal Law No. 5 of 1985) and Commercial Transactions Law (Federal Law No. 18 of 1993). It is particularly relevant for businesses seeking to establish long-term supply relationships, requiring detailed terms for recurring transactions, or dealing with high-value products. The document addresses crucial aspects such as product specifications, pricing mechanisms, delivery terms, warranty provisions, and risk allocation, while incorporating UAE-specific requirements such as commercial agency regulations and VAT compliance. It's designed to protect both parties' interests while providing flexibility for various commercial arrangements in the UAE market.

1. Parties: Identification and details of the seller and buyer, including full legal names, registration numbers, and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the sales arrangement

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Supply of Products: Core obligations regarding the supply of products, including ordering process and acceptance criteria

5. Price and Payment: Product pricing, payment terms, invoicing procedures, and VAT considerations under UAE law

6. Delivery and Risk: Delivery terms, timing, transfer of risk, and acceptance procedures

7. Quality and Warranties: Product quality standards, warranties, and compliance with UAE specifications and standards

8. Title and Risk: Transfer of title, retention of title provisions, and risk allocation

9. Term and Termination: Duration of agreement, renewal terms, and termination rights

10. Confidentiality: Protection of confidential information and trade secrets

11. Limitation of Liability: Liability caps and exclusions compliant with UAE law

12. Force Majeure: Events excusing performance, notice requirements, and consequences

13. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction of UAE courts

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