1. INTERNATIONAL SALE Agreement
1. Definition
2. Parties to the Agreement
3. Main clauses
3.1 Price
3.2 Delivery conditions
3.3 Means of payment
3.4 Delivery period
3.5 Ownership
4. Law applicable
5. Model Agreement
www.globalnegotiator.com
2. This model of International Sale Agreement is used by
companies positioned in different countries for the sale
and purchase of goods. The exporter (Seller) is responsible
for delivering the stated products, and the importer
(Buyer) shall acquire them under the agreed conditions of
payment, delivery and transaction schedule.
This agreement is intended to be used for the sale of
products from business to business, not to end clients, and
where each operation represents a sale in itself, that it is
to say, it is not a long term agreement for the supply of
products. It that were the case, it is preferable to use the
model of International Supply Agreement.
1. DEFINITION
www.globalnegotiator.com
3. Usually both the Seller and the Buyer are companies. For each
party, the following has to be included:
• Name of company, full address and nationality.
• Company type: public limited company, limited liability
company, etc.
• Name and position of company representative who signs
the agreement.
• Tax ID number of both parties.
2. PARTIES TO THE Agreement
www.globalnegotiator.com
4. Some of the most important clauses in the
International Sale Agreement are as follows:
• Price
• Delivery conditions
• Means of payment
• Delivery period
• Ownership
3. MAIN CLAUSES
See sample International Sale Agreement
www.globalnegotiator.com
5. “The total price of the Products which the Buyer undertakes to pay
the Seller shall be .................... [write in numbers and letters].”
“Both Parties undertake to renegotiate the agreed price when affected
by significant changes in the international market, or by political,
economic or social situations in the country of dispatch or destination
of the Product, which may damage the interests of either party.”
3.1 PRICE CLAUSE
See sample International Sale Agreement
6. “The Seller shall deliver the Products to ................... [mention the
place: warehouse, port, airport, etc.], ..................... [city and country], under
conditions .............. [mention Incoterm].
“The goods shall be delivered at the agreed place, and to the transport
agent designated by the Buyer, at least twenty-four hours before the
deadline established in the present Agreement.”
“Should the Buyer fail to take charge of the goods on arrival, the
Seller shall be entitled to demand the fulfillment of the Agreement
and payment of the agreed price.”
3.2 DELIVERY CONDITIONS CLAUSE
See sample International Sale Agreement
7. “The Buyer undertakes to pay the total price which appears in the present
Agreement. Payment of said price shall be effected by.....
Alternative A: cash, check or bank transfer to the account and bank branch
designated by the Seller.”
Alternative B: bill of exchange or direct debit to the account and bank branch
designated by the Buyer.”
Alternative C: irrevocable and guaranteed letter of credit payable to the
account and bank branch designated by the Seller.”
3.3 MEANS OF PAYMENT CLAUSE
See sample International Sale Agreement
8. “The Seller undertakes to deliver the goods within ..... calendar days
of receipt of the confirmation in writing of the order in question,
once all payment conditions established in the present Agreement
have been fulfilled.”
“The established delivery period may be modified by either party in
case of Force Majeure or unforeseen circumstances which prevent
its fulfillment.”
3.4 DELIVERY PERIOD CLAUSE
See sample International Sale Agreement
9. “It is understood that the Products hereunder remain
the property of the Seller, until the Buyer has completed
payment completely. Until such point the Products shall be
deemed to be a deposit in possession of the Buyer, and the
Buyer shall meet all obligations incurred by receiving such
deposit, while being entitled to administer the Products
with due diligence.”
3.5 OWNERSHIP CLAUSE
See sample International Sale Agreement
10. The following standards of International Law are
applied to the International Sale Agreement:
• United Nations Convention on Agreements for the
International Sale of Goods (Vienna Convention).
• UNIDROIT Principles of International
Commercial Agreements.
• Uniform Law for the International Sale of Goods.
4. LAW APPLICABLE
See sample International Sale Agreement
11. In order to obtain the model agreement in
Word format and the user guide, click on:
International Sale Agreement
5. MODEL Agreement
See sample International Sale Agreement