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EXPORT CONTRACT TEMPLATE
An Export Contract is entered into between and exporter and an importer belonging
to two different countries for selling and purchasing of goods. This contract is used for
the international sale of certain products (industrial supplies, raw materials,
manufactured goods) which are projected for resale, where the buyer is a trader,
importer, distributor or wholesaler that will sell the products to another company or
merchant. The Export Contract includes the requirements for a successful transactions
such as quantity order, price per unit, delivery conditions, payment terms, documents,
retention of title, etc.
EXPORT CONTRACT
DATE: ..............................................................................................................................................
BETWEEN:
................................. [ company legal name ] whose registered office is at .....................................
[ address, city and country ] and registration/fiscal number is .............................. , represented by
..................................................................... [ name and surname, position ] (hereinafter referred to as "the Seller”),
AND:
................................. [ company legal name ] whose registered office is at .....................................
[ address, city and country ] and registration/fiscal number is .............................. , represented by
..................................................................... [ name and surname, position ] (hereinafter referred to as “the Buyer”).
Both Parties declare an interest in the sale and purchase of goods under the present Contract and undertake to observe the following Contract:
1. GOODS SOLD
[ Description of the goods: type of products, features, quantities, units, etc. ] ......................................................................................................................................................... ......................................................................................................................................................... .........................................................................................................................................................
1.1 It is agreed that any information relating to the goods and their use, such as weights, dimensions, volume, colour, price, and other data contained in catalogues, leaflets,
circulars, newsletters, advertisements, price-lists of the Seller, shall not take effect as terms of the Contract unless expressly referred to in the Contract.
1.2 Unless otherwise agreed, the Buyer does not acquire any industrial or intellectual property rights in which may have been available to him. The Seller also remains the exclusive owner of any industrial or intellectual or industrial property rights relating to the goods.
2. CONTRACT PRICE
The price of the products hereunder is:
CURRENCY
AMOUNT IN NUMBERS
AMOUNT IN LETTERS
2.1 The price indicated under this clause (Contract price) includes any costs which are borne by the Seller according to this Contract. However, should the Seller have borne any costs which, according to this Contract are payable by the Buyer (e. g. for international transportation or transportation insurance under EXW o FCA delivery terms), such sums shall not be considered as having been included in the price under this clause and shall be reimbursed by the Buyer to the Seller.
2.2 Unless otherwise agreed in writing, the price does not include VAT or other taxes, and is not subject to price adjustment.
3. DELIVERY TERMS
Delivery of goods shall be done according to Incoterms 2010 rules. The rule and delivery lace agreed between the Parties is:
[ Mark with X in the box the Incoterm chosen and insert the name of the place o port designated for delivery of products ]
Incoterms for any mode or modes of transport (multimodal transport)
EXW Ex Works Place: ................................................... FCA Free Carrier Place: ................................................... CPT Carriage Paid To Place: ................................................... CIP Carriage and Insurance Paid to Place: ................................................... DAT Delivered At Terminal Place: ................................................... DAP Delivered At Place Place: ................................................... DDP Delivered Duty Paid Place: ...................................................
This is a sample of 2 pages out of 8 of the Export Contract.
To get more information about this contract click here:
EXPORT CONTRACT
Example of blank space (........) with options to select between brackets:
Orders handled before completion of the present Contract which produce sales transactions within .......... [1, 2, 3, 6] months shall entitle the Agent to receive the corresponding commission. In this case the user must choose between options 1, 2, 3 or 6 months and insert one in the blank space (........).
When the text between brackets is in italics the user has to insert the data and information requested and eliminate the bracketed text.
Example of blank space - (.........) to insert text:
Both parties, by mutual consent, resolve to refer any dispute to the Rules of Conciliation and Arbitration of the International Chamber of Commerce by one or more arbitrators appointed in accordance with said Rules. The place of arbitration shall be ........... [ city and country ]. In this case the user must insert in the blank space (...........) the city and country chosen to conduct the arbitration and afterwards eliminate the bracketed text [city and country].
Notices Clause
Sometimes it may happen that the official address of the Parties which appear at the beginning of the contract is different from which is to be used for communications between the Parties during the terms of the contract. In this case the user should include at the end of the contract a Notices Clause.
Example of Notices Clause:
Notices. - In order to comply with their contractual obligations, the Parties establish the following address for the provision of notices related to this contract:
- Party 1 ............................................................. [ insert full address ].
- Party 2 ............................................................. [ insert full address ].
ANNEXES
The contracts incorporate some Annexes, each of them, referenced to the corresponding Clause. Annexes are drafted in commonly used formats, although the user must adapt these formats and the text inserted in them to each particular situation.
SIGNATURES
People who sign
Persons signing the contract on behalf of the company must have the authority to do so and preferably, be entitled on the basis of a power of attorney. Below the signature, in addition to the full name of the person that signs his/her position must be inserted. When one of the Parties who signs is a natural person (for example a commercial agent in a Agency Contract) obviously he or she is the person that has to sign the contract.
The laws of some countries require that contracts, to be valid, shall be signed in front of witnesses or a public notary. Therefore, before signing a contract you should be informed about the requirements that may exist in each country.
Place and date of signature
Usually contracts are signed by both Parties on the same date and place. Nevertheless, in international contracts, due to physical distance, it is common that each of the Parties sign in different dates and places. This contract provides for both alternatives so it comes to choosing the most appropriate to each situation.
Number of copies
Usually, the Parties sign two copies of the contract, each Party retaining one of them, but cal also arise the need to sign more copies. In this case all you have to do is mention explicitly the number of copies to be signed in the paragraph that is included at the end of the contract (Both Parties declare their conformity to the present contract, which is signed in ...... copies, each of which shall be considered an original).
GENERAL RECOMMENDATIONS
The Parties must sign all pages of the contract, including Annexes, so they are also valid. It is better to use ball point or pen (not pencil) in a color other than black (e.g.: blue); this makes it easier to distinguish an original document from a photocopy.
It is preferable (although no mandatory) to express sums of money and percentages in words and figures. Of course, the words and figures for a given amount must match exactly. You also must insert the currency in which the amounts are expressed. It is advisable to use the rules establish by ISO that name each currency by three capital letters (EUR for euro, USD for dollar, GBP for sterling pound, JPY for Japanese yen, etc. - you can get the acronyms of every currency in the website www.oanda.com).
Once you have chosen the best alternatives of each clause and have completed the blank spaces you should revise the whole contract to remove remaining paragraphs and correct any errors.
