Basic Order Agreement Sample

When it comes to business transactions, having a basic order agreement can help clarify the terms and conditions of a sale. An order agreement, also known as a purchase agreement or sales agreement, is a legally binding contract that outlines the details of a transaction between a buyer and a seller.

One of the most important aspects of an order agreement is the purchase price, which should be clearly stated along with any applicable taxes and fees. Delivery terms, such as when and where the goods will be delivered, should also be included in the agreement.

Another important component is the payment terms. This may include the payment method, the due date for payment, and any penalties or fees for late payment.

Product specifications should also be detailed in the agreement, including the quantity, quality, and any warranties or guarantees that apply. If the product is being customized or personalized in any way, those details should also be included.

Finally, it`s important to address any legal issues that may arise from the transaction. This may include a clause stating which state or jurisdiction`s laws will govern the agreement, as well as provisions for dispute resolution or arbitration.

To help get you started, here is a basic order agreement sample that can be customized to fit your specific needs:

[Company Name]

[Address]

[City, State ZIP]

[Phone number]

[Email]

Order Agreement

This Order Agreement (“Agreement”) is made on [Date], by and between [Seller Name], located at [Seller Address], (“Seller”) and [Buyer Name], located at [Buyer Address], (“Buyer”).

1. Product

Seller agrees to sell and deliver to Buyer the following product(s):

[Description of product(s)]

2. Price

The purchase price for the product(s) shall be [Price], plus any applicable taxes and fees.

3. Payment

Payment shall be made via [Payment Method] on or before [Due Date], unless otherwise agreed upon in writing by both parties.

4. Delivery

Delivery shall be made on or before [Delivery Date], to the following address:

[Buyer Address]

5. Specifications

The product(s) shall be delivered in the quantity and quality specified by Buyer, and shall conform to any applicable warranties or guarantees.

6. Legal

This Agreement shall be governed by the laws of [State or Jurisdiction]. Any disputes arising from this Agreement shall be resolved through [Dispute Resolution or Arbitration].

By signing below, both parties acknowledge that they have read and agree to the terms of this Agreement.

Seller`s Signature: _______________________________

Buyer`s Signature: _______________________________