home news forum careers events suppliers solutions markets expos directories catalogs resources advertise contacts
 
News Page

The news
and
beyond the news
Index of news sources
All Africa Asia/Pacific Europe Latin America Middle East North America
  Topics
  Species
Archives
News archive 1997-2008
 

New tool to help U.S. companies better develop and fine tune seed contracts


Alexandria, Virginia, USA
August 10, 2010

“Basic Terms, Conditions and Standards for Seed Sales Contracts” a white paper and PowerPoint® presentation developed by the American Seed Trade Association’s Brokers and Agents Division, is available to help seed companies write more comprehensive contracts and better protect themselves.

“At times, ASTA is asked to help arbitrate seed trade disputes,” said Ann Jorss, ASTA vice president of administration and division staff liaison. “Occasionally we are not able to help a party with their request because there is either no formal contract or the existing agreement does not contain the essential elements needed in order for a seed trade agreement to go to arbitration.”

Arbitration requests fit well within the scope and goals of ASTA. Requests are facilitated by the American Arbitration Association or the ASTA International Arbitration Chamber using International Seed Federation rules.

The white paper and PowerPoint® presentation, available at http://www.amseed.com/news_SeedSalesContracts.asp, are designed to help alleviate this situation and outline items that should be included in a seed trade contract.

“We hope this information will help prevent seed companies from getting into legal disputes and at the same time put them in a legally sound place if problems do occur,” Jorss said.
A few of the many topics touched upon in the document include:

• Reference to governing rules
• Quantity
• Species and variety of seeds
• Description of seed quality
• Shipping timelines and terms
• Payment conditions

The materials are not meant to serve as legal advice and do not replace the need for competent legal council when contracts are being formalized between parties and should only be considered for advisory purposes.

For questions and additional information, contact Jorss at 703-837-8140 or ajorss@amseed.org.
 



More news from: ASTA - American Seed Trade Association


Website: http://www.amseed.org

Published: August 10, 2010

The news item on this page is copyright by the organization where it originated
Fair use notice

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

  Archive of the news section

 

 


Copyright @ 1992-2024 SeedQuest - All rights reserved