A commercial contract format refers to a document which lays down the design of any commercial contract. The contract may refer to an agreement between two or more parties for commercial purposes such as sale of purchase of certain items/ service/ commodity etc. The commercial contract format provided here is a sample document which can be used by anyone.
Sample Commercial Contract Format
Date on which contract is being signed: ________________ [dd/mm/yy]
This contract being signed between ___________ and _____________________ [mention the names of all the parties who are involved in signing of the contract].
[This space is used to detail the arrangement which is being made by the way of the contract. Specify the service which is required to be fulfilled by the parties and also mention deadlines if any].
Details of first party:
Official Name: ______________ [name of the business i.e. buyer etc.]
Authorized Personnel: ______________ [name of authorized personnel from the business]
Position: _______________ [position in the company]
Contact No: ______________ [contact no. of the personnel]
Details of second party:
Business Name: _________________ [name of the business i.e. the second party/ seller]
Authorized personnel: _______________ [name of the authorized personnel from the business]
Position: ____________________ [position in the company]
Contact No: ________________ [contact number of the personnel]
Terms and Conditions of the contract:
[This part is used to specify the terms and conditions of the contract i.e. the conditions which must be followed in the process of complying with the contract.]
_______________________________ [Signature of authorized personnel from Party 1]
_______________________________ [Signature of authorized personnel from Party 2]