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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."
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
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
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
Retail
Consumer Goods
Electronics
Automotive Parts
Food and Beverage
Pharmaceuticals
Construction Materials
Textiles and Apparel
Industrial Equipment
Agricultural Products
Chemical Products
Medical Supplies
Legal
Procurement
Sales
Supply Chain
Operations
Finance
Quality Assurance
Logistics
Compliance
Commercial
Business Development
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
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