Outline of a typical contract regarding the continuous sale and purchase between two parties.
1. Title
...Continuous Sale and Purchase Agreement
2. Premises
...Place of execution, date, parties are indicated to determine governing laws
3. Whereas clauses
...Background of the conclusion of agreement for interpreting provisions
4. Operative part
(1) Definition
(2) Duration
(3) Basic Agreement
..."shall" is used to mean obligations, and "may" for rights
(4) Trade terms
(a) Price
...Price list may be attached
(b) Quality
...certain quality standards are guaranteed
(c) Quantity
...Minimum purchase requirements may be stipulated
(d) Shipment
...FOB, CFR, CIF
(e) Payment
...L/C, D/P, D/A, T/T
(5) Termination
(6) Assignment
(7) Force Majeure
(8) Secrecy
(9) Notice
(10) Governing Law
(11) Jurisdiction
(12) Arbitration
(13) Entire agreement
(14) Closing
5. Signature