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Contract for Sale of Goods

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Contract for Sale of Goods
Contract for Sale of Goods
Contract for Sale of Goods
This Contract for Sale of Goods is made this __ day of _______, 20__ by and between _______________
(“Seller”) with its principal place of business at ___<location>________, and ______________________,
(“Buyer”) with its principal place of business at ___<location>________, for the purchase of the goods
described below:
Item #
1. Term. This Contract shall begin on __________, 20__, and end upon the last delivery for the quantity
specified in this agreement, unless the parties agree otherwise. However, if, as of such date, Buyer is in
arrears on the account, Seller may then cancel this Contract and sue for damages, including lost profits,
offsetting the deposit there against, and further recover its cost of suit including attorney fees.
2. Delivery. Buyer will give Seller _____ days’ advance notice regarding the quantity requested for
delivery. Upon receipt of the request for delivery, Seller will arrange for delivery through a carrier chosen
by Seller, the costs of which shall be F.O.B. Origin Freight Prepaid & Added To Invoice.
3. Risk Of Loss. The risk of loss from any casualty to the Goods, regardless of the cause, will be the
responsibility of the Buyer once the goods have been shipped by the Seller.
4. Acceptance. Buyer will have the right to inspect the goods upon receipt, and within two (2) business
days after delivery, Buyer must give notice to Seller of any claim for damages on account of condition,
quality, or grade of the goods, and Buyer must specify the basis of the claim in detail. Failure of Buyer to
comply with these conditions will constitute irrevocable acceptance of the goods by Buyer.
5. Charges. Seller shall invoice Buyer upon and for each shipment. Buyer shall pay all charges on terms
of Net 30 Days Receipt of Goods. Overdue invoices shall also bear interest at the rate of ___% per
______. If Seller undertakes collection or enforcement efforts, Buyer shall be liable for all costs thereof,
including attorney fees. If Buyer is in arrears on any invoice, Seller may, on notice to Buyer, apply the
deposit thereto and withhold further delivery until the deposit and all arrearages are brought current.
6. Warranty. Seller warrants that the goods sold hereunder are new and free from substantive defects in
workmanship and materials. Seller's liability under the foregoing warranty is limited to replacement of
goods or refund of the purchase price at Seller's sole option. No other warranty, express or implied, is
made by Seller, and none shall be imputed or presumed.
7. Taxes. All sales taxes, tariffs, and other governmental charges shall be paid by Buyer and are Buyer's
Responsibility except as limited by the law.
Contract for Sale of Goods