It is an agreement to buy and sell something. A sales contract is almost always written, but theoretically it could be oral. It contains things like; what is sold, how much is sold, price, delivery information and other details. 220.127.116.11. Instinet also represents and warrants that it provides the Services in a good or professional manner, with professional diligence and expertise, in accordance with the requirements of this Agreement and the usual industry standards. Refers to the wish that two or more people or organizations agree with something. This can also be said in the past, which means that an agreement has already been reached. 12.4 GOVERNING LAW, ETC. (a) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REGARD TO PRINCIPLES OF CONFLICT OF LAWS. . . .