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Seller Agreement

Seller Agreement Template for Singapore

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Key Requirements PROMPT example:

Seller Agreement

"I need a Seller Agreement governed by Singapore law for my e-commerce platform that will onboard fashion retailers, with specific emphasis on quality control standards and return policies, to be implemented by March 2025."

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Document background
The Seller Agreement serves as a fundamental legal instrument for businesses operating in Singapore's dynamic commercial landscape. This document is essential when establishing formal relationships with vendors, suppliers, or marketplace sellers, providing comprehensive coverage of rights, obligations, and operational requirements. The agreement incorporates Singapore's stringent regulatory requirements, including consumer protection provisions, data privacy obligations, and fair trading practices. It typically addresses key commercial terms, quality standards, delivery commitments, and compliance requirements, making it suitable for both traditional and digital commerce operations.
Suggested Sections

1. Parties: Identification and details of the contracting parties

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Details of products/services to be provided

5. Pricing and Payment Terms: Price structure, payment schedule, and terms

6. Delivery Terms: Timing, method, and conditions of delivery

7. Term and Termination: Duration and conditions for ending the agreement

8. Warranties and Representations: Guarantees and assurances from both parties

9. Liability and Indemnification: Risk allocation and protection provisions

10. Governing Law: Applicable law and jurisdiction

Optional Sections

1. Intellectual Property Rights: IP ownership and licensing terms - include when dealing with branded products or proprietary technology

2. Confidentiality: Protection of sensitive information - include when sharing trade secrets or proprietary information

3. Insurance: Insurance requirements and coverage - include when dealing with high-value goods or significant risks

4. Force Majeure: Provisions for unforeseen circumstances - include when long-term commitments are involved

5. Quality Control: Quality standards and inspection rights - include when product quality is critical

Suggested Schedules

1. Product Specifications: Detailed description of products or services

2. Pricing Schedule: Detailed pricing structure and terms

3. Service Level Agreement: Performance metrics and standards

4. Territory Schedule: Geographic areas covered by the agreement

5. Quality Standards: Specific quality requirements and specifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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




















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Industries

Sale of Goods Act (SOGA): Primary legislation regulating contracts for sale of goods, defining rights and obligations of buyers and sellers, covering quality standards, transfer of title, and delivery terms

Contracts Act (Cap. 53): Core legislation governing contract formation, including common law principles and requirements for valid contracts (offer, acceptance, consideration, intention)

Electronic Transactions Act: Governs online selling arrangements, electronic contracts and signatures, and digital documentation requirements

Consumer Protection (Fair Trading) Act: Regulates fair trading provisions, unfair practices, and ensures consumer rights protection in commercial transactions

Personal Data Protection Act (PDPA): Governs data collection, usage, privacy obligations, and cross-border data transfer requirements

Competition Act: Regulates anti-competitive practices, price fixing restrictions, and fair competition requirements in the marketplace

Goods and Services Tax Act: Covers tax obligations, GST registration requirements, and invoice requirements for businesses

Multimodal Transport Act: Regulates supply chain and logistics aspects of goods transportation across different modes of transport

Carriage of Goods by Sea Act: Governs the maritime transportation aspects of goods, particularly relevant for international trade

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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