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Wholesale Agreement Contract Template for Saudi Arabia

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Key Requirements PROMPT example:

Wholesale Agreement Contract

"I need a Wholesale Agreement Contract for my electronics distribution business in Saudi Arabia, starting from March 2025, with specific provisions for product warranties, quality testing requirements, and SASO compliance for imported electronic goods."

Document background
The Wholesale Agreement Contract is a fundamental commercial document used in Saudi Arabia to establish and regulate bulk trading relationships between suppliers and buyers. This agreement is essential for businesses engaged in large-scale commerce within the Kingdom, providing a comprehensive framework for ongoing supply arrangements while ensuring compliance with Saudi commercial law, Islamic Sharia principles, and relevant regulatory requirements such as SASO standards. The document is particularly important in the context of Saudi Arabia's growing commercial sector and is structured to address specific local requirements including commercial registration obligations, anti-fraud measures, and competition law compliance. It typically includes detailed provisions for pricing, quality control, delivery terms, and dispute resolution mechanisms that align with Saudi judicial practices.
Suggested Sections

1. Parties: Identification of the wholesaler and buyer, including full legal names, commercial registration numbers, and authorized representatives

2. Background: Context of the agreement, business relationship, and general intent of the parties

3. Definitions: Key terms used throughout the agreement, including technical, commercial, and legal definitions

4. Scope of Agreement: Details of products/services covered, territory, and exclusivity arrangements if any

5. Ordering Process: Procedures for placing and accepting orders, minimum order quantities, and lead times

6. Pricing and Payment: Price determination, payment terms (Sharia-compliant), currency, and payment methods

7. Delivery and Logistics: Delivery terms, shipping arrangements, risk transfer, and Incoterms where applicable

8. Quality and Compliance: Product specifications, quality standards, SASO compliance, and inspection rights

9. Warranties and Representations: Product warranties, quality guarantees, and compliance with Saudi regulations

10. Term and Termination: Duration of agreement, renewal terms, and termination rights

11. Confidentiality: Protection of confidential information and trade secrets

12. Dispute Resolution: Process for resolving disputes under Saudi law, including jurisdiction and governing law

13. Force Majeure: Events excusing performance, aligned with Saudi law principles

14. General Provisions: Standard legal provisions including notices, amendments, and assignment rights

Optional Sections

1. Marketing and Promotion: Used when parties agree on specific marketing obligations or restrictions

2. Training and Support: Include when technical products require seller support or training

3. Insurance Requirements: Detailed insurance obligations when dealing with high-value or sensitive products

4. Intellectual Property: Include when branded products or licensed materials are involved

5. Non-Competition: Used when restricting parties from competing activities

6. Storage and Warehousing: Include when specific storage requirements or facilities are needed

7. Product Returns: Include detailed return policies when relevant to the business model

8. Performance Targets: Used when minimum purchase quantities or sales targets are required

Suggested Schedules

1. Schedule 1 - Product List: Detailed list of products covered under the agreement with specifications

2. Schedule 2 - Price List: Current prices, discounts, and pricing review mechanisms

3. Schedule 3 - Quality Standards: Detailed quality specifications and SASO compliance requirements

4. Schedule 4 - Territory Definition: Detailed description of geographical coverage and any exclusions

5. Schedule 5 - Service Level Agreement: Specific performance metrics and service standards

6. Appendix A - Order Form Template: Standard form for placing orders under the agreement

7. Appendix B - Technical Specifications: Detailed technical requirements and standards

8. Appendix C - Compliance Certificates: Copies of required regulatory certifications and permits

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

Relevant legal definitions








































Clauses











































Relevant Industries

Retail

Consumer Goods

Electronics

Automotive Parts

Food and Beverage

Pharmaceuticals

Construction Materials

Textiles and Apparel

Industrial Equipment

Agricultural Products

Chemical Products

Medical Supplies

Relevant Teams

Legal

Procurement

Sales

Supply Chain

Operations

Finance

Quality Assurance

Logistics

Compliance

Commercial

Business Development

Relevant Roles

Commercial Director

Procurement Manager

Sales Director

Supply Chain Manager

Legal Counsel

Compliance Officer

Operations Manager

Contract Manager

Business Development Manager

Finance Manager

Quality Assurance Manager

Logistics Manager

Managing Director

Chief Commercial Officer

Chief Operating 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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