Wholesale Sales Contract
This contract applies to bulk commodity transactions between suppliers and distributors/retailers. It specifies the quantity, quality, price, delivery, and payment terms to ensure that both parties’ business cooperation is legal and compliant.
Contract Body
Party A (Seller): ___________________________
Address: _______________________________________
Contact Information: ____________________________
Party B (Buyer): ___________________________
Address: _______________________________________
Contact Information: ____________________________
Article 1. Subject Matter of the Contract
Party A agrees to sell the following goods in bulk to Party B, and Party B agrees to purchase them in accordance with the terms of this contract:
- Product Name: __________________
- Specification/Model: __________________
- Quantity: __________________
- Unit Price: ¥_________ (or USD ________)
- Total Price: ¥_________ (or USD ________)
Article 2. Delivery Method and Time
- Delivery Date: No later than ________ (Year) ____ (Month) ____ (Day).
- Delivery Location: ______________________________.
- Mode of Transportation and Responsibility for Costs: To be borne by (Seller / Buyer).
Article 3. Quality and Acceptance
- The goods shall comply with national standards or the specifications agreed upon in this contract.
- The Buyer shall complete inspection within ______ days after receipt of the goods. If any issues are found, the Buyer shall promptly notify the Seller in writing.
Article 4. Payment Terms
- Payment Method: □ Bank Transfer □ Letter of Credit □ Others: __________.
- Payment Time: The Buyer shall pay ____% of the total contract price (before delivery / within ____ days after delivery).
Article 5. Rights and Obligations of Both Parties
- The Seller shall ensure that the goods supplied are from legal sources and of qualified quality.
- The Buyer shall make payment on time and shall not delay without valid reason.
- Any disputes arising from the performance of this contract shall be resolved through friendly negotiation; if negotiation fails, the case shall be submitted to the People’s Court (or arbitration institution) at the place where this contract is signed.
Article 6. Liability for Breach of Contract
- If the Seller fails to deliver on time, for each day of delay, the Seller shall pay ____% of the total contract amount as liquidated damages.
- If the Buyer delays payment, for each day of delay, the Buyer shall pay ____% of the overdue amount as liquidated damages.
Article 7. Other Provisions
Signatures
Party A (Signature/Seal): ___________ Date: ____ (Year) __ (Month) __ (Day)
Party B (Signature/Seal): ___________ Date: ____ (Year) __ (Month) __ (Day)