SALE OF GOODS AGREEMENT (TYPE 2)
 
Agreement made _______________ (date), between ______________________, of __________________________________ (address), ___________________ (city), ______________ County, _________________ (state), a corporation organized and existing under the laws of __________________ (state), in this agreement referred to as seller, and _________________, of _______________________________ (address), ___________________ (city), __________________ County, _____________ (state), in this agreement referred to as buyer. 

SECTION ONE:  SALE 
 
Seller hereby agrees to sell and deliver, and buyer agrees to buy, receive and pay for during the term of this agreement and in accordance with the provisions of this contract, the quantity set forth below of the products named below, and at the prices specified below. 

SECTION TWO:  PRODUCTS 
 
In the performance of their respective obligations, seller will deliver and buyer will receive and pay for the following grades andor brands of products of the kind and quality marketed by seller at the time and place of delivery, all as determined by seller: _________________________________________________________________
_____________________________________________________ (insert detailed description of grades, brands, etc.). 
 
If the products covered by this agreement are not described by brand names or other specific designations, then the products to be delivered and accepted hereunder shall be such of such classes of products as seller shall from time to time be selling to other customers similar to buyer in buyers territory, all as determined by seller. 

SECTION THREE:  QUANTITIES 
 
__________ (insert quantities). 

SECTION FOUR:  METHOD AND PLACE OF DELIVERY 
 
__________ (Insert destination of shipments). 
 
__________ (Insert transportation charges). 
 
Title to products shipped by rail or vessel shall pass on loading at point of shipment. 

SECTION FIVE:  TERRITORY FOR DISTRIBUTION 
 
Buyers distribution of products purchased under this agreement shall not, without sellers written consent, extend beyond the limits of the following territory: __________ (insert detailed description of territory). 
 
This provision shall not be deemed to give buyer any exclusive territorial rights or any other exclusive rights of any nature whatsoever. 

SECTION SIX:  TERMS OF PAYMENT 
 
__________ (Insert details of terms of payment); provided, however, that if credit is extended and if at any time buyers financial responsibility shall become impaired or unsatisfactory to seller, advance cash payment or satisfactory security shall be made or given by buyer on demand by seller, which may withhold further deliveries until such payments or security is received, or on any failure to receive same, seller may at its option terminate this contract. 
 
Discounts for cash, if any, shall not be allowed from or applied to or computed on taxes or freight. 

SECTION SEVEN:  DURATION OF CONTRACT 
 
This contract shall continue in effect for a period of __________ (number of months, or as the case may be), from __________ (date) to __________ (date). 
 
In addition to all other available remedies, seller may terminate this contract forthwith on any default by buyer hereunder. Any termination shall be without prejudice to accrued rights of seller. All rights and remedies of seller are cumulative. Without prejudice to other rights or remedies, seller may, during any default by buyer, suspend deliveries. 

SECTION EIGHT:  OTHER PROVISIONS 
 
The provisions of contract printed at the end of this instrument, together with such other provisions as are contained in any rider attached to it, to the extent applicable, are incorporated and made a part of this instrument. 

SECTION NINE:  APPROVAL 
 
This contract shall not be binding on seller unless signed by an officer or manager of seller; likewise no modification shall be binding on seller unless in writing and similarly signed. Commencement of performance prior to compliance with the preceding sentence shall not be construed as a waiver of this agreement. 

SECTION TEN:  ADJUSTMENT 
 
__________ (Insert any adjustment provisions desired, as for increases caused by new or higher taxes, or government regulations, etc. Add any further provisions such as compliance with industry codes, presumption, arbitration, quantity and quality tests, price revision, alternative deliveries, etc.). 
 
In witness whereof, the parties have executed this agreement at __________ (designate place of execution) the day and year first above written. 

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