Free Sales Contract Finalization Notice Template
SALES CONTRACT FINALIZATION NOTICE
Date: [Date]
To: [Client Name]
From: [Your Name]
Subject: Finalization of Sales Contract for [Product Name]
Dear [Client Name],
We are writing to inform you that the sales contract for [Product Name] has been finalized. We appreciate your commitment and partnership with [Your Company Name]. This notice serves as the official communication to outline the finalized terms, conditions, and deliverables.
I. Contract Summary
|
Contract ID |
CID-6512 |
|
Product/Service |
[Product Name] |
|
Total Cost |
$50,000 |
|
Start Date |
Jan 1, 2051 |
|
End Date |
Dec 31, 2051 |
|
Payment Due Date |
Jan 15, 2051 |
II. Terms and Conditions
-
Delivery Schedule: Outlines the timeline for product delivery, ensuring both parties are aligned. The product will be delivered in 4 phases, each due at the end of each quarter.
-
Payment Terms: Specifies when payments are expected to avoid confusion and maintain financial transparency. Payments should be made within 15 days of each phase completion.
-
Warranty: Provides assurance to the client about the quality and reliability of the product. A 12-month warranty is included, covering defects and malfunctions.
-
Liability: Clarifies the extent of [Your Company Name]'s responsibility in case of unforeseen circumstances. [Your Company Name] will not be liable for any indirect damages.
III. Responsibilities
|
Party |
Responsibility |
|---|---|
|
[Your Company Name] |
Deliver the product/service as per the contract. |
|
[Client Name] |
Make timely payments. |
IV. Performance Metrics and Milestones
A. Milestones
-
Phase 1 Completion: March 31, 2051
-
Phase 2 Completion: June 30, 2051
-
Phase 3 Completion: September 30, 2051
-
Phase 4 Completion: December 31, 2051
B. Performance Metrics
|
Metric |
Target |
Completion Date |
|---|---|---|
|
Quality Rating |
Above 95% |
Quarterly |
|
On-Time Delivery |
100% |
Quarterly |
V. Acknowledgment
By receiving this notice, you acknowledge the finalization of the sales contract for [Product Name] with [Your Company Name].
Please contact us for any further clarification.
Email: [Your Company Email]
Phone Number: [Your Company Number]
Website: [Your Company Website]
Social Media: [Your Company Social Media]
Best Regards,
[Your Name]
[Your Position]
