Sales Agreement for Multi-Phase Deal Closure
This Sales Agreement ("Agreement") is entered into effective as of [Effective Date], by and between [Your Company Name] ("Seller"), a company organized and existing under the laws of [Your Company's Jurisdiction], with its principal place of business at [Your Company's Address], and [Client Name] ("Buyer"), a company organized and existing under the laws of [Client's Jurisdiction], with its principal place of business at [Client's Address], collectively referred to as the "Parties".
1. Agreement Overview
1.1 Purpose
This Agreement aims to establish a structured multi-phase closure procedure between Seller and Buyer for the provision of goods and/or services, outlining the terms and conditions under which the Seller will fulfill its obligations to the Buyer.
1.2 Scope
The Parties agree to abide by the terms and conditions outlined herein for the duration of the agreement, encompassing all phases of the deal closure process.
2. Products and Services
2.1 Description
The goods and/or services to be provided by the Seller to the Buyer are as detailed in Exhibit A attached hereto, including specifications, quantities, quality standards, and any other pertinent information.
2.2 Delivery Phases
The Seller agrees to supply goods or provide services in multiple stages, as agreed upon by the Parties, with each phase correlating to specific deliverables and milestones.
3. Payment Terms
3.1 Total Price
The total price for goods and/or services to be delivered under this Agreement is [Total Price], inclusive of all applicable taxes and fees.
3.2 Payment Schedule
Payments shall be made in accordance with the payment schedule outlined in Exhibit B, with specific amounts and due dates specified for each phase of delivery or service provided.
4. Delivery Timeline
4.1 Phased Approach
Delivery of goods and/or services will be split into multiple phases, each with its own timeline and deliverables, as outlined in the detailed delivery schedule attached hereto as Exhibit B.
4.2 Milestones
The Parties agree to mutually agreed-upon milestones and delivery dates, with progress tracked and reported in accordance with the agreed-upon schedule.
5. Governing Law and Jurisdiction
5.1 Applicable Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction], excluding any conflict of law provisions.
5.2 Jurisdiction
Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of [Jurisdiction], to the exclusion of any other venue.
6. Termination
6.1 Breach of Agreement
Either party may terminate this Agreement upon written notice if the other party breaches any material provision of this Agreement and fails to remedy such breach within thirty (30) days of receiving written notice.
7. Confidentiality
7.1 Non-Disclosure
Both parties agree to keep the terms, conditions, transactions, and any information obtained from this Agreement confidential, except as required by law or with the express written consent of both parties.
8. Force Majeure
8.1 Definition
The Parties shall not be liable for any failure or delay in performing their obligations under this Agreement if such failure or delay is caused by circumstances beyond their reasonable control, including but not limited to acts of God, natural disasters, strikes, or government actions.
9. Entire Agreement
9.1 Integration Clause
This Agreement, including all attachments, exhibits, and other documents incorporated by reference, constitutes the entire agreement between the Parties regarding the subject matter herein and supersedes all prior negotiations, agreements, and understandings, whether written or oral.
IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date first above written.
Seller: [Your Company Name]
By:
[Your Name], [Your Position]
[Your Company Name]
Date:
Buyer: [Client's Name]
By:
[Client's Name], [Client's Position]
[Client's Company Name]
Date:
Exhibit A: Description/Details of Goods and Services
Exhibit B: Detailed Delivery Schedule
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