Seller Agreement Contract for the United States

Seller Agreement Contract Template for United States

A Seller Agreement Contract is a legally binding document that establishes the terms and conditions under which a seller provides goods or services to another party. Governed by U.S. federal and state laws, particularly the Uniform Commercial Code, this agreement outlines pricing, delivery terms, quality standards, warranties, and payment conditions. It includes provisions for dispute resolution and clearly defines the rights and obligations of all parties involved in the transaction.

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What is a Seller Agreement Contract?

The Seller Agreement Contract serves as a fundamental legal framework for business transactions in the United States. This document is essential when establishing a formal selling relationship between parties, whether for one-time transactions or ongoing business relationships. It encompasses crucial elements such as pricing structures, delivery terms, quality standards, and warranty provisions, while ensuring compliance with both federal and state regulations, including the UCC. The agreement provides protection for all parties involved and creates clear expectations for the business relationship.

What sections should be included in a Seller Agreement Contract?

1. Parties: Identifies and defines all parties to the agreement, including legal names and addresses

2. Background/Recitals: Sets out the context and purpose of the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Agreement: Outlines the products/services being sold and general terms of sale

5. Pricing and Payment Terms: Details pricing structure, payment methods, and payment schedules

6. Delivery Terms: Specifies delivery methods, timeframes, and responsibilities

7. Warranties and Representations: States guarantees made by both parties regarding products and capabilities

8. Term and Termination: Specifies duration of agreement and conditions for termination

9. Governing Law: Specifies which jurisdiction's laws govern the agreement

What sections are optional to include in a Seller Agreement Contract?

1. Intellectual Property Rights: Addresses ownership and usage of IP when dealing with branded products or proprietary technology

2. Exclusivity Provisions: Details any exclusive rights granted in specific territories or markets

3. Insurance Requirements: Specifies required insurance coverage for high-value or high-risk products

4. Data Protection: Addresses handling of customer data and privacy requirements when customer data will be shared or processed

What schedules should be included in a Seller Agreement Contract?

1. Product Schedule: Detailed list of products covered by the agreement

2. Price List: Comprehensive pricing information including any volume discounts

3. Service Level Agreement: Specific performance metrics and standards

4. Territory Schedule: Definition of geographical areas covered by the agreement

5. Quality Standards: Detailed quality requirements and specifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Publisher

Genie AI

Cost

Free to use
Industries

Uniform Commercial Code (UCC): Primary federal law governing commercial transactions, especially Article 2 which deals with the sale of goods. Essential for structuring sales terms and conditions.

Federal Trade Commission Act: Federal legislation that prohibits unfair or deceptive trade practices, affecting how sellers can market and sell their products.

Consumer Protection Laws: Federal regulations protecting consumer rights, including warranty requirements and fair business practices.

Antitrust Laws: Sherman Antitrust Act and Clayton Act governing competition and preventing monopolistic practices in seller-buyer relationships.

State-Specific UCC Variations: Local modifications to the UCC that vary by state, affecting how sales contracts are interpreted and enforced in different jurisdictions.

State Consumer Protection Laws: State-level regulations providing additional consumer protections and business requirements specific to each jurisdiction.

Product Safety Standards: Industry-specific safety requirements and standards that sellers must comply with when offering products.

Data Protection Requirements: Laws governing the collection, storage, and handling of customer data, including privacy protection obligations.

E-SIGN Act: Electronic Signatures in Global and National Commerce Act governing the validity of electronic signatures and records in commercial transactions.

Tax Regulations: Federal and state tax reporting obligations and sales tax requirements for sellers.

Dispute Resolution Laws: State-specific arbitration laws and requirements for jurisdiction and venue in legal disputes.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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