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1. Parties: Identifies and provides full details of the seller and buyer, including registration numbers for companies
2. Background: Brief context of the sale and the parties' intention to enter into the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Sale and Purchase: Core terms of the sale including description of goods and agreed purchase price
5. Delivery: Terms and conditions for delivery of goods, including timing and location
6. Payment Terms: Payment amount, method, and schedule
7. Title and Risk: When ownership and risk in the goods passes from seller to buyer
8. Warranties and Representations: Standard warranties about the goods' quality, condition, and fitness for purpose
9. Termination: Circumstances under which the contract can be terminated
10. Governing Law and Jurisdiction: Confirms Nigerian law governs the agreement and specifies jurisdiction for disputes
11. Execution: Signature blocks and execution details
1. Import/Export Terms: Required for international sales, including relevant Incoterms
2. Insurance: Include when specific insurance requirements are needed for high-value goods
3. Inspection Rights: Include for goods that require quality inspection before acceptance
4. Intellectual Property: Include when the goods involve any IP rights or licenses
5. Confidentiality: Include when sensitive information will be shared during the transaction
6. Force Majeure: Include for longer-term or high-value sales where risk allocation is important
1. Schedule 1 - Goods Specification: Detailed technical specifications of the goods being sold
2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices if multiple items or pricing components
3. Schedule 3 - Delivery Schedule: Detailed delivery timeline if multiple deliveries are involved
4. Appendix A - Quality Standards: Specific quality standards or certifications required for the goods
5. Appendix B - Return Policy: Detailed procedures for returns or rejections of goods
Sale and Purchase
Price and Payment
Delivery
Title and Risk
Quality and Description
Warranties and Representations
Inspection of Goods
Return of Goods
Payment Terms
Force Majeure
Termination
Liability and Indemnity
Insurance
Confidentiality
Notices
Assignment
Waiver
Severability
Entire Agreement
Variation
Third Party Rights
Governing Law
Dispute Resolution
Retail
Manufacturing
Wholesale Trade
Agriculture
Consumer Goods
Industrial Equipment
Electronics
Textiles
Food and Beverage
Construction Materials
Automotive
General Merchandise
Legal
Procurement
Sales
Commercial
Operations
Supply Chain
Finance
Business Development
Administration
Compliance
Procurement Manager
Sales Manager
Legal Counsel
Business Development Manager
Commercial Director
Contract Administrator
Supply Chain Manager
Operations Manager
General Manager
Company Secretary
Purchasing Officer
Sales Representative
Business Owner
Managing Director
Finance Manager
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