Parties & Recitals
Identify full legal names, entity type, and addresses; state the contract purpose and date; include contact persons for notices and commercial communications to avoid ambiguity about who binds each party.
A well-drafted contract reduces cross-border uncertainty by allocating commercial risks, clarifying delivery and payment expectations, and minimizing disputes. It protects commercial interests by stating Incoterms, currency, customs responsibilities, and inspection procedures and by defining remedies for nonperformance.
Commercial sellers, importers, exporters, trade compliance teams, and legal counsel commonly draft or review these agreements before first shipment.
Chiefly responsible for accurate goods description, export compliance, providing commercial documents (invoice, packing list, export declaration), and meeting delivery obligations under chosen Incoterms; seller signs to accept payment and will usually warrant title and conformity.
Responsible for payment per contract, import clearance, duties/taxes if contract so provides, and inspection/acceptance within agreed windows; buyer signs to confirm purchase and to accept remedies and dispute-resolution clauses.
Identify full legal names, entity type, and addresses; state the contract purpose and date; include contact persons for notices and commercial communications to avoid ambiguity about who binds each party.
Provide precise specifications, part numbers, quantities, packaging, and acceptable tolerances; attach technical exhibits where needed to prevent inspection disputes and mismatched expectations on conformity.
Specify currency, payment method (wire, letter of credit), payment schedule, late payment interest, and who bears bank charges; for letters of credit include documentary requirements and allowed discrepancies.
State the agreed Incoterm (e.g., FOB, CIF) and edition, delivery dates or windows, place of delivery, and responsibilities for transport, insurance, and customs formalities to allocate risk and cost.
Define when risk passes (shipment vs. delivery), inspection rights and timeframes, rejection procedures, and who pays return shipment or storage during dispute resolution.
Specify whether CISG applies or is excluded, select governing law, and choose arbitration or litigation venue, including seat of arbitration and language to ensure enforceable remedies.
| Field | Configuration |
|---|---|
| Signature Type | Electronic signature with audit trail |
| Authentication | Email link, optional SMS code or ID verification |
| Document Format | PDF/X or DOCX preserved for archive |
| Retention | Store signed copy and certificate of completion |
Choose a platform that supports common file types, strong audit trails, and enterprise integrations to reduce manual handoffs.
| Criteria | CISG Contract | UCC / Domestic Contract |
|---|---|---|
| Scope of application | applies cross-border sales | applies domestic sales |
| Default rules | uniform international defaults | state-specific ucc provisions |
| Option to exclude | parties may exclude cisg explicitly | ucc not subject to exclusion |
| Remedies and damages | internationally harmonized remedies | remedies vary by state law |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes (Business Premium+) | Yes | Yes | Yes | Limited |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes (BAA available) | Yes | Yes | No | No |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies | Varies | Varies |
Date when obligations begin
Defined calendar days or specific dates
Number of days for buyer inspection (e.g., 30 days)
Specify net days from invoice (e.g., net 30)
Notice and cure periods before remedies
Final terms agreed and draft approved
Export, sanctions, and customs checks completed
Signatures collected and documents dated
Signed copies stored with retention metadata
A global IT services team automated contract signing to reduce cycle time and reduce manual handling.
Centralized eSignature workflows replaced paper routing and sped approvals across regions.