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Sellers Agreement Form for Philippines

Sellers Agreement Form Template for Philippines

A comprehensive legal document governed by Philippine law that establishes the terms and conditions under which a seller agrees to provide goods or services to a buyer. This agreement outlines crucial elements including pricing, delivery terms, product specifications, warranties, and dispute resolution mechanisms, while ensuring compliance with Philippine commercial laws, consumer protection regulations, and tax requirements. The document incorporates necessary provisions for both business-to-business and business-to-consumer transactions, adaptable to various commercial contexts while maintaining adherence to local legal standards.

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What is a Sellers Agreement Form?

The Seller's Agreement Form serves as a vital legal instrument in Philippine commerce, designed to formalize the relationship between sellers and buyers while ensuring compliance with local regulations. This document is essential when establishing recurring sales relationships, defining terms for substantial transactions, or setting up long-term supply arrangements. The agreement incorporates key provisions required under Philippine law, including those mandated by the Civil Code, Consumer Act, and E-commerce regulations. It provides comprehensive coverage of crucial aspects such as product specifications, pricing structures, delivery terms, warranties, and dispute resolution mechanisms. The Seller's Agreement Form is particularly valuable for businesses seeking to establish clear, legally-sound commercial relationships while protecting their interests and ensuring regulatory compliance in the Philippine market.

What sections should be included in a Sellers Agreement Form?

1. Parties: Identifies and provides complete details of the Seller and Buyer, including business/tax registration numbers

2. Background: Explains the context of the agreement and the parties' intention to enter into a selling arrangement

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Scope of Agreement: Outlines the basic terms of the selling arrangement and what products/services are covered

5. Price and Payment Terms: Details the pricing structure, payment methods, and payment schedules

6. Delivery Terms: Specifies delivery arrangements, timelines, and responsibilities for shipping/handling

7. Product Specifications: Describes the products being sold, including quality standards and specifications

8. Warranties and Representations: States the warranties provided by the seller and any representations made about the products

9. Returns and Refunds: Outlines the policy and process for product returns and refund procedures

10. Term and Termination: Specifies the duration of the agreement and conditions for termination

11. Governing Law: Confirms the agreement is governed by Philippine law and specifies jurisdiction

12. Dispute Resolution: Details the process for resolving any disputes between parties

13. General Provisions: Includes standard clauses like severability, entire agreement, and amendments

What sections are optional to include in a Sellers Agreement Form?

1. Intellectual Property Rights: Required when products involve trademarks, patents, or other IP rights

2. Exclusivity: Used when the seller agrees to exclusive dealing arrangements

3. Minimum Purchase Requirements: Included when there are specific volume commitments

4. Marketing and Promotion: Added when parties agree to specific marketing arrangements or requirements

5. Confidentiality: Necessary when sensitive business information will be shared

6. Insurance Requirements: Include when specific insurance coverage is required for high-value or high-risk products

7. Force Majeure: Optional but recommended for long-term agreements to address unforeseen circumstances

What schedules should be included in a Sellers Agreement Form?

1. Schedule A - Product List: Detailed list of products covered by the agreement with specifications

2. Schedule B - Price List: Comprehensive pricing information including any volume discounts

3. Schedule C - Delivery Locations: List of approved delivery locations and specific delivery requirements

4. Schedule D - Quality Standards: Detailed quality specifications and testing procedures

5. Schedule E - Return Procedures: Step-by-step process for handling returns and claims

6. Appendix 1 - Required Documents: List of required documentation for transactions (e.g., invoices, delivery receipts)

7. Appendix 2 - Contact Details: List of key contacts and their roles for both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions






































Clauses






































Relevant Industries

Retail

Manufacturing

E-commerce

Wholesale Trade

Consumer Goods

Electronics

Food and Beverage

Textiles

Automotive

Construction Materials

Agricultural Products

Healthcare Products

Industrial Equipment

Software and Digital Products

Relevant Teams

Legal

Sales

Commercial

Procurement

Operations

Compliance

Risk Management

Supply Chain

Business Development

Contract Administration

Finance

Customer Relations

Relevant Roles

Sales Manager

Commercial Director

Business Development Manager

Contract Administrator

Legal Counsel

Procurement Manager

Supply Chain Manager

Operations Manager

Chief Commercial Officer

Compliance Officer

Risk Manager

Account Executive

Vendor Relations Manager

Distribution Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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