sample-student-contracts

 

Contract for the Sale of Goods

This Contract for the Sale of Goods is made on 11/09/15 between Jordan Enterprises, a corporation in the technology industry organized under the laws of the State of California and Tech Corporations, a technology development corporation also governed under the laws of the State of California.

1.  Sale of Goods

Seller shall sell, transfer and deliver to the buyer on or before February 1^st, 2016, 100 Neuron Microchip Components at $150.00 each; total of $15,000.00 

 

1.  Consideration

Buyer shall accept the goods and pay the sum of $15,000.00.

 

1.  Identification of Goods

100 Microchip Components used in a headgear hardware used for neurology researching

 

1.  Payment on Receipt

Payment shall be made in form of a cashier check or electronic transfer upon delivery to the buyer at buyer’s location of business at:

 

Jordan Enterprises
143 Hart Lane
Los Angeles, California 91210

 

1.  Risk of Loss

Seller shall take responsibility of any damaged goods until physical delivery is made to the buyer where a signature will be required.  Upon delivery and signature seller’s responsibility for damaged goods will dissolve. 

 

1.  Warranty

Seller warrants that the goods sold are new and free of any defects and are replaceable within 7 days following delivery regardless of it being used or not.  After 7 days, warranty for replacement will distinguish.  No other warranties such as implied warranties shall be presumed.

 

1.  Taxes

Buyer shall retain all sales taxes and shipping fees associated with the purchase of the goods in this Agreement.

 

1.  Attorney’s Fees Clause

In the scenario of litigation due to a breach of contract by either party from this sale of goods agreement, the prevailing party shall be reimbursed of all attorney fees that arose from the suit by the non-prevailing party. 

 

1.  Arbitration Clause

Any dispute from the agreement shall be arbitrated and settled in Los Angeles, California.

 

10.  Choice of Law

Any dispute in the agreement shall be governed under the laws of the State of California.

 

11.  Severability

Any terms or provisions in this Agreement violating any state or federal statutes shall be stricken from this Agreement but shall not affect the legality or enforceability of the remainder of this Agreement.  If any terms or provision are deemed to be stricken, a legal replacement similar in tenor shall be utilized to satisfy the Agreement.

 

12.  Waiver

There will be no waivers of breaches of any provisions in this Agreement except with the express written consent of the non-breaching party.

 

13.  Force Majeure

In the event of an act of God where riot, war, civil unrest, flood, earthquake, or any natural catastrophes, no party shall be liable for failure to perform their obligations with respect to this Agreement. 

 

14.  Assignment

Neither party shall assign or transfer any rights/obligations to a third party without the other party’s expressed written consent. 

 

15.  Execution

This Agreement may be executed in counterparts and by fax or e-mail.

 

16.  Modification of Agreement

This Agreement may be modified ONLY if both parties mutually agree and give consent in written form where both parties’ signatures are documented on the agreed document.

 

 

 

17.  Integration Clause

This Agreement encompasses the entire agreement between the parties involved and will take precedence over all prior understandings and agreements oral or written.  The parties hereby recognize that by signing this Agreement, they understand all terms and are bound to all provisions listed.

 

            _X___________________________                                                            _____________

   Buyer : Jordan Enterprises                                                                              Date

 

_X___________________________                                                            _____________

               Seller :                                                                 Date