International Sales Agreement

International Sales Agreement Template

This International Sales Agreement (“Agreement”) is made on [Date], by and between:

Seller:
Name: __________________________
Address: __________________________
Country: __________________________
Email: __________________________
Phone: __________________________

Buyer:
Name: __________________________
Address: __________________________
Country: __________________________
Email: __________________________
Phone: __________________________

Collectively referred to as the “Parties.”

1. Purpose

The purpose of this Agreement is to establish the terms and conditions under which the Seller will sell, and the Buyer will purchase, the goods described herein for international delivery.

2. Goods Description

The Seller agrees to supply the following goods:
[Detailed description, quantity, model numbers, and specifications].

3. Price and Currency

• Total price: $[Amount] in [Currency].

• All taxes, customs duties, and tariffs are the responsibility of the [Buyer/Seller], unless otherwise agreed.

4. Delivery Terms

• Delivery method: [Air Freight / Sea Freight / Other].

• Delivery terms shall be based on Incoterms 2020, specifically [FOB, CIF, EXW, etc.].

• Estimated delivery date: [Date].

• Risk of loss transfers upon [Specify Point of Transfer, e.g., port of shipment].

5. Payment Terms

• Payment method: [Wire Transfer / Letter of Credit / Other].

• Payment due within [X days] of invoice date or as specified in Exhibit A – Payment Schedule.

• Late payments will incur interest at [X]% per month.

6. Inspection and Acceptance

• The Buyer shall inspect goods within [X days] of delivery.

• Any defects must be reported in writing immediately.

• Failure to notify the Seller within the inspection period constitutes acceptance of goods.

7. Warranties

The Seller warrants that goods are:

• Free from defects in material and workmanship.

• Compliant with all applicable international standards and regulations.

• Fit for the intended purpose as specified by the Buyer.

8. Customs and Import Duties

• The Parties agree to clearly specify which Party is responsible for customs documentation and duties.

• Delays caused by incorrect documentation shall be the responsibility of the Party providing such documentation.

9. Force Majeure

Neither Party shall be liable for delays or non-performance due to events beyond their reasonable control, including natural disasters, war, or government actions.

10. Liability and Indemnification

• The Seller’s liability shall be limited to the total amount paid for the goods under this Agreement.

• The Buyer agrees to indemnify the Seller against claims arising from misuse or resale of goods.

11. Dispute Resolution

• Disputes shall first be resolved through negotiation.

• If unresolved, disputes shall be referred to arbitration in [Location] under the rules of [Arbitration Institution].

12. Governing Law

This Agreement shall be governed by and construed under the laws of [Jurisdiction].

13. Termination

• Either Party may terminate this Agreement with [X days] written notice for breach of contract.

• Termination does not affect obligations for goods already shipped or payments due.

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14. Entire Agreement

This Agreement constitutes the entire understanding between the Parties and supersedes all prior agreements related to the sale of goods.

Signatures

Seller Signature: ____________________________ Date: _________
Printed Name & Title: _________________________________________

Buyer Signature: ____________________________ Date: _________
Printed Name & Title: _________________________________________