Sales Price Agreement Rubric

Sales Price Agreement Rubric

Agreement Title: Annual Product Pricing Agreement

Parties:

  • Seller: [Your Company Name]

  • Buyer: [Second Party]

Effective Date: [Month, Day, Year]

Term: This Price Agreement shall be in effect for a period of one (1) year, commencing on the Effective Date and ending on October 31, 2050

1. Pricing and Discounts

1.1 Product Categories: The pricing and discounts under this agreement are applicable to the following product categories:

a. [Product / Event Name]

b. [Product / Event Name]

c. [Product / Event Name]

1.2 Pricing Structure: The prices for each product category are set as follows:

a. [Product / Event Name] : [$100 per unit]

b. [Product / Event Name] :

c. [Product / Event Name] :

1.3 Discounts: The following discounts are applicable based on order volume:

a. [5%] discount for orders of [100] units or more

b. [10%] discount for orders of [500] units or more

c. [15%] discount for orders of [1,000] units or more

2. Payment Terms

  • Invoicing: Invoices will be issued upon delivery and must be paid within 30 days of the invoice date.

  • Late Payment: Late payments will incur a 2% interest charge per month on the outstanding balance.

3. Delivery and Lead Time

  • Delivery Terms: All products will be delivered to the Buyer's designated location at Seller's expense.

  • Lead Time: The Seller will make its best effort to ensure delivery within 10 business days of order confirmation.

4. Quality Assurance

  • Quality Standards: All products supplied under this agreement must meet the quality standards set by the industry and agreed upon by both parties.

  • Returns: In case of defective products, the Buyer has the right to request a return or replacement within [30 days] of delivery.

5. Confidentiality

  • Confidential Information: Both parties agree to keep all pricing and business-related information confidential and not to disclose it to any third party.

6. Termination

  • Termination for Convenience: Either party may terminate this agreement with [30 days] written notice.

  • Termination for Cause: This agreement may be terminated immediately in the event of a material breach of its terms by either party.

7. Governing Law

  • Governing Law: This agreement shall be governed by and construed in accordance with the laws of the state of [Your Company Address].

8. Entire Agreement

Entire Agreement: This Price Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations and understandings.

In witness of their agreement to the terms above, the Parties hereto have executed this Price Agreement as of the Effective Date.

[Your Company]

[Seller]

[Month, Day, Year]

[Your Partner Company Name / Second Party]

[Client]

[Month, Day, Year]

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