The International Sales Contract serves as the primary legal framework for businesses engaging in cross-border trade of goods. This document is essential when companies based in different countries need to establish clear terms for the sale and purchase of products, ensuring compliance with US and international trade laws. It includes detailed provisions for payment, delivery, risk transfer, and dispute resolution, while addressing specific requirements of international commerce such as customs, export controls, and shipping terms. The contract is particularly important for protecting both parties' interests in international transactions where different legal systems may apply.
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1. Parties: Identification and details of contracting parties, including full legal names, addresses, and registration details
2. Background: Context and purpose of the agreement, including the intention to enter into an international sales arrangement
3. Definitions: Key terms used throughout the agreement, including technical terms, payment terms, and shipping terms
4. Product Specifications: Detailed description of goods being sold, including quantity, quality, and technical specifications
5. Price and Payment Terms: Pricing, payment schedule, currency, method of payment, and any letter of credit requirements
6. Delivery Terms: Shipping arrangements, Incoterms designation, delivery schedule, and transfer of risk
7. Title and Risk: Transfer of ownership provisions and allocation of risk during transit
8. Warranties: Product quality guarantees, performance warranties, and warranty period
9. Governing Law: Applicable law, jurisdiction, and dispute resolution mechanisms
1. Insurance: Insurance requirements and obligations for goods in transit, to be included when shipping high-value goods
2. Intellectual Property: IP rights and protections, relevant when proprietary technology or branded products are involved
3. Force Majeure: Provisions for unforeseen circumstances affecting contract performance
4. Confidentiality: Non-disclosure provisions for protecting sensitive business information
5. Export Compliance: Specific provisions relating to export controls and trade regulations
1. Schedule A - Product Specifications: Detailed technical specifications of products including drawings, dimensions, and materials
2. Schedule B - Pricing Schedule: Detailed pricing structure, volume discounts, and payment milestones
3. Schedule C - Quality Standards: Specific quality requirements, testing procedures, and acceptance criteria
4. Schedule D - Shipping Requirements: Delivery timeline, packaging specifications, and logistics details
5. Schedule E - Compliance Documents: Required certifications, permits, and compliance documentation
Relevant legal definitions
Agreement
Buyer
Seller
Products
Specifications
Delivery Date
Delivery Location
Delivery Terms
Effective Date
Force Majeure Event
Incoterms
Intellectual Property Rights
Order
Price
Purchase Order
Quality Standards
Shipping Documents
Term
Territory
Trade Documents
Warranty Period
Working Day
Letter of Credit
Bill of Lading
Certificate of Origin
Commercial Invoice
Customs Duties
Export License
Import License
Inspection Certificate
Packing List
Payment Terms
Unit Price
Defective Products
Confidential Information
Buyer
Seller
Products
Specifications
Delivery Date
Delivery Location
Delivery Terms
Effective Date
Force Majeure Event
Incoterms
Intellectual Property Rights
Order
Price
Purchase Order
Quality Standards
Shipping Documents
Term
Territory
Trade Documents
Warranty Period
Working Day
Letter of Credit
Bill of Lading
Certificate of Origin
Commercial Invoice
Customs Duties
Export License
Import License
Inspection Certificate
Packing List
Payment Terms
Unit Price
Defective Products
Confidential Information
Clauses
Product Specifications
Price and Payment
Delivery Terms
Title and Risk Transfer
Warranties
Quality Assurance
Inspection and Testing
Shipping and Packaging
Insurance
Export/Import Compliance
Documentation Requirements
Force Majeure
Confidentiality
Intellectual Property
Indemnification
Limitation of Liability
Term and Termination
Dispute Resolution
Governing Law
Assignment
Notices
Amendment and Modification
Entire Agreement
Severability
Customs and Duties
Product Returns
Defective Products
Trade Compliance
Currency and Exchange Rates
Bank Guarantees
Letters of Credit
Change Orders
Representations and Warranties
Compliance with Laws
Record Keeping
Price and Payment
Delivery Terms
Title and Risk Transfer
Warranties
Quality Assurance
Inspection and Testing
Shipping and Packaging
Insurance
Export/Import Compliance
Documentation Requirements
Force Majeure
Confidentiality
Intellectual Property
Indemnification
Limitation of Liability
Term and Termination
Dispute Resolution
Governing Law
Assignment
Notices
Amendment and Modification
Entire Agreement
Severability
Customs and Duties
Product Returns
Defective Products
Trade Compliance
Currency and Exchange Rates
Bank Guarantees
Letters of Credit
Change Orders
Representations and Warranties
Compliance with Laws
Record Keeping
Relevant Industries
Relevant Teams
Relevant Roles
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