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Company Sales Agreement

Company Sales Agreement Template for Philippines

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Key Requirements PROMPT example:

Company Sales Agreement

"I need a Company Sales Agreement under Philippine law for my manufacturing company to supply industrial equipment to a large corporation, including warranties and maintenance provisions, with delivery scheduled to begin in March 2025."

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Document background
The Company Sales Agreement is a fundamental commercial document used in the Philippine business environment for significant business-to-business transactions. This agreement is essential when companies engage in substantial sales of goods or services, requiring detailed terms and conditions that comply with Philippine law. The document addresses key aspects such as payment terms, delivery conditions, warranties, and dispute resolution mechanisms, while ensuring compliance with local regulations including the Civil Code of the Philippines and the Corporation Code. It's particularly crucial for transactions involving significant value or ongoing supply relationships, where clear documentation of rights and obligations is essential for both parties. The agreement should be tailored to reflect specific industry requirements while maintaining consistency with Philippine legal frameworks and commercial practices.
Suggested Sections

1. Parties: Identifies and provides full legal details of the parties entering into the agreement

2. Background: Sets out the context and purpose of the agreement, including brief description of the business relationship

3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation

4. Sale and Purchase: Core terms of the sale including description of goods/services, quantity, and basic commercial terms

5. Price and Payment: Detailed payment terms, including price, payment method, schedule, and currency

6. Delivery and Transfer of Title: Terms regarding delivery, shipping, risk transfer, and when title passes to the buyer

7. Warranties and Representations: Guarantees and assertions made by both parties regarding the sale

8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

9. Confidentiality: Obligations regarding protection of confidential information exchanged during the transaction

10. Force Majeure: Provisions for handling circumstances beyond parties' control

11. Governing Law and Jurisdiction: Specifies Philippine law as governing law and defines jurisdiction for dispute resolution

12. Execution: Signature blocks and execution formalities

Optional Sections

1. Intellectual Property Rights: Required when the sale involves software, branded products, or IP-heavy goods

2. Quality Control: Important for manufacturing or product-specific sales agreements

3. Export/Import Compliance: Necessary for international sales or products subject to trade regulations

4. Training and Support: Include when the sale involves technical products requiring ongoing support

5. Insurance: Required for high-value sales or where specific risks need to be covered

6. Data Protection: Include when personal data processing is involved in the transaction

7. Anti-Corruption: Important for high-value or government-related sales

8. Change Control: Necessary for long-term or complex supply arrangements

Suggested Schedules

1. Product Specifications: Detailed technical specifications of products being sold

2. Pricing Schedule: Detailed breakdown of prices, including any volume discounts or pricing mechanisms

3. Service Level Agreement: Performance metrics and service standards if applicable

4. Delivery Schedule: Detailed delivery timelines and locations

5. Quality Standards: Specific quality requirements and testing procedures

6. Warranty Terms: Detailed warranty conditions and claim procedures

7. Key Personnel: List of key contacts and responsible personnel from both parties

8. Required Certifications: Copies of necessary permits, licenses, or certifications

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions
Clauses








































Relevant Industries

Manufacturing

Wholesale Trade

Retail

Technology

Industrial Supply

Consumer Goods

Pharmaceuticals

Automotive

Construction Materials

Electronics

Food and Beverage

Telecommunications

Energy

Agricultural Products

Relevant Teams

Legal

Sales

Procurement

Finance

Operations

Compliance

Risk Management

Business Development

Supply Chain

Commercial

Corporate Secretariat

Relevant Roles

Chief Executive Officer

Commercial Director

Sales Director

Procurement Manager

Legal Counsel

Contract Manager

Business Development Manager

Operations Manager

Finance Director

Supply Chain Manager

Risk Manager

Compliance Officer

Corporate Secretary

General Manager

Chief Financial Officer

Industries








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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