Price and Payment
Specify unit pricing, discounts, payment terms, late fees, currency, and invoicing procedures with examples of accepted payment methods.
A well-drafted Wholesale Agreement clarifies obligations, limits disputes, and preserves margin by specifying pricing, delivery, inspection, and payment terms. It supports enforceability under the ESIGN Act and UETA when executed electronically, helps manage tax and compliance exposure, and provides an auditable record for inventory planning and financial reconciliation.
These agreements often involve cross-functional reviewers — sales, finance, compliance, and legal — before final signature.
An authorized corporate officer or an agent with written authority should sign. Ensure the signer has board- or manager-level authority where required to bind the entity and meet internal delegations of authority.
A purchasing manager, CEO, or authorized agent may sign for the reseller. Verify corporate resolution or purchasing authority to avoid later claims the signature lacked authority.
Specify unit pricing, discounts, payment terms, late fees, currency, and invoicing procedures with examples of accepted payment methods.
State minimum quantities, reorder intervals, and consequences for failing to meet minimums, including repricing or termination rights.
Define Incoterms or delivery point, freight responsibility, risk of loss, inspection windows, and title transfer events.
List product warranties, remedies for defects, time limits for claims, and procedures for returns, credit, or replacement.
Describe termination for cause/for convenience, cure periods, liquidated damages if appropriate, and dispute resolution methods.
Protect trade secrets, specify permitted use of trademarks, and include carve-outs for compliance or required disclosures.
| Field | Configuration |
|---|---|
| Signer Order | Supplier then reseller |
| Authentication | Email plus optional SMS code |
| Required Fields | All signature, date, and price fields required |
| Audit Trail | Capture IP, timestamp, and signature events |
Ensure your chosen platform offers retention, role-based access, and HIPAA or SOC 2 controls if your industry requires them.
Start date in MM/DD/YYYY; renewal or expiry terms specified
Dates or lead times for shipments and acceptance periods
Net terms (Net 30, Net 60) and late fee accrual
Time allowed for buyer inspection and rejection
Days allowed to cure breaches before termination
Term sheet final and pricing agreed
Legal and finance sign-off obtained
Authorized signers sign and date
ERP setup, inventory planning, and supplier onboarding
| Criteria | Wholesale Agreement | Distribution Agreement |
|---|---|---|
| Primary Focus | pricing and resell terms | channel development and exclusivity |
| Volume Commitments | often yes | |
| Territorial Rights | sometimes | frequently |
| Sales Support | limited | often included |
| 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 trial | No | No | Yes, limited | Yes, limited |
| Bulk Send | Yes (Premium) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
Attach price schedules, product specifications, and delivery matrices as numbered exhibits for clarity and reference.
Link or append standard purchase order templates to confirm ordering mechanics and acceptance.
Include quality or compliance certificates (e.g., COA) when required by product specifications.
Save signed documents as PDF/A for archival; keep a DOCX editable version for internal updates.
A regional electronics supplier standardized pricing and minimum orders
A building materials wholesaler added delivery and acceptance terms