Wholesale Agreement

A Wholesale Agreement is a contractual document which creates a series of legal obligations that are concerned with wholesale transactions between the parties to the contract; these parties are usually a supplier/seller and a customer/purchaser. As the name of the document suggests, wholesale agreements are commonly used in commercial settings with respect to wholesaling, a process that involves the buying and selling of goods in large quantities. 

This legal document sets out the rights and obligations of the parties to the transaction; which includes, but is not limited to, the payment, returns, warranties, liability and nature of the goods. 

Use this Wholesale Agreement If:

• You are engaging another person or business for the purchase of goods in large quantities

• You want to ensure that both parties are aware of their obligations and the consequences of non-compliance with the agreement. 

What does this Wholesale Agreement Cover?

• Prices

• Payment terms

• Minimum orders

• Quotations and pre-orders

• Overdue accounts

• Product details

• Freight and order dispatch details

• Returns and cancellations 

• Liability and warranty

• Waivers and severance

Further Information:

• Retail and Wholesale Clients: How Do They Differ?

• How to Start a Distribution Business