1. Draw up the contract agreements based on your final negotiated outcomes. Each contract must contain the following details: 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