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.
- Sale of Goods
Seller shall sell, transfer and deliver to the buyer on or before February 1st, 2016, 100 Neuron Microchip Components at $150.00 each; total of $15,000.00
- Consideration
Buyer shall accept the goods and pay the sum of $15,000.00.
- Identification of Goods
100 Microchip Components used in a headgear hardware used for neurology researching
- 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
- 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.
- 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.
- Taxes
Buyer shall retain all sales taxes and shipping fees associated with the purchase of the goods in this Agreement.
- 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.
- 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
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Seller : Date
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