1. draw up the contract agreements based on your final negotiated outcomes. Each contract must contain the following details: you are encouraged to identify legal requirements based on your own research or legal advice. The following websites provide basic information thereto: url_placeholder_0 url_placeholder_1 > names of contracting parties including trading names and abn/acn, as well as their contact details > supply conditions, including volume, price, discounts, ordering periods, take or pay and delivery times > payment terms > specifications of goods or services supplied ( scope of goods ) > warranty periods for defective goods or services > limited liability ( risk of loss or damage ) > intellectual property > confidentiality > insurance > dispute resolution > termination and exclusion clauses > signature provisions