Identify the parties involved in the transaction. 2. Set it up as a template.I'm gonna break down all the terms and conditions so you can understand what it means and we're gonna fill that out so you can have a real-life example of it. These are the terms and conditions of sale (the "Terms") for products and related materials (collectively, the "Products"). ACCEPTANCE DATE: ("Acceptance Date"). SELLER'S INFORMATION: Seller's Signature: Seller's Name (print):.