Sales Contract for Event Promotional Materials
SALES CONTRACT FOR EVENT PROMOTIONAL MATERIALS
THIS SALES CONTRACT (the “Contract”) is entered into on the 21st day of June, 2050, by and between [Your Company Name], a company organized and existing under the laws of the state of California, with a principal place of business located at [Your Company Address] ("Seller"), and [Your Partner Company Name / Second Party], a company organized and existing under the laws of the state of New York, with a principal place of business located at [Your Partner Company Name / Second Party Address] ("Buyer").
WHEREAS, Seller is engaged in the business of designing, manufacturing, and selling promotional materials for events; and
WHEREAS, Buyer desires to purchase such promotional materials from Seller for the upcoming [Event Name] scheduled for the 15th of August, 2050.
NOW, THEREFORE, in consideration of the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
I. Object of the Contract
A. Description of Goods
The Seller agrees to sell and the Buyer agrees to buy the promotional materials described in full detail within this section, tailored for the [Event Name].
B. Product Quality and Standards
The promotional materials shall adhere to the quality standards and specifications as mutually agreed upon and documented by both parties.
II. Terms of Sale
A. Purchase Price
The total purchase price for the Promotional Materials shall be thirty thousand dollars ($30,000).
B. Payment Schedule
-
Deposit: Upon execution of this Contract, the Buyer shall pay a deposit of ten thousand dollars ($10,000).
-
Final Payment: The remaining twenty thousand dollars ($20,000) shall be paid upon delivery of the promotional materials.
C. Payment Method
All payments shall be made in US dollars via wire transfer to the Seller’s designated bank account.
III. Production and Delivery
A. Production Timeline
The Seller shall commence the production of promotional materials upon receipt of the initial deposit and shall endeavor to complete production in accordance with the timeline set forth herein.
B. Delivery
The Promotional Materials shall be delivered to the Buyer at [Your Partner Company Name / Second Party Address] on or before the 1st of August, 2050. The Seller shall be responsible for arranging the transportation and bearing the cost of delivery.
C. Title Transfer
The title to the promotional materials shall pass from the Seller to the Buyer upon completion of delivery at the designated location.
IV. Inspection and Acceptance
A. Inspection Period
The Buyer shall have five (5) business days from the date of delivery to inspect the promotional materials to ensure they conform to the agreed specifications.
B. Non-conformance
If any of the promotional materials do not conform to the specifications, the Buyer shall inform the Seller, who shall have the option to replace the non-conforming goods or to remedy the non-conformities within ten (10) business days.
V. Warranties
A. Seller’s Warranties
The Seller warrants that the promotional materials shall be free from defects in materials and workmanship for a period of six (6) months following the delivery date.
B. Disclaimer
Except for the warranty set forth in Section 6.1, the Seller disclaims all other warranties, express or implied, including any implied warranties of merchantability or fitness for a particular purpose.
VI. Liability and Indemnification
A. Limitation of Liability
The Seller's liability under this Contract shall be limited to the purchase price of the promotional materials. In no event will the Seller be liable for any special, incidental, indirect, or consequential damages.
B. Indemnification
The Buyer shall indemnify and hold the Seller harmless from any claims, damages, or expenses arising from the Buyer's use of the promotional materials, except to the extent caused by the Seller's gross negligence or willful misconduct.
VII. Miscellaneous
A. Governing Law
This Contract shall be governed by and construed in accordance with the laws of the state of California, without regard to its conflict of law provisions.
B. Entire Agreement
This Contract constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements and understandings, both written and oral.
C. Amendments
No amendment to this Contract will be effective unless it is in writing and signed by both parties.
D. Notices
All notices, requests, consents, and other communications under this Contract shall be in writing and shall be deemed to have been delivered on the date received by the intended recipient.
IN WITNESS WHEREOF, the parties have executed this Contract as of the date first above written.
SELLER
[Your Name]
[Your Job Title]
[Month Day, Year]
BUYER
[Your Partner Company Representative's Name]
[Your Partner Company Representative's Title]
[Month Day, Year]