Free Professional Sales Contract Agreement Template

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Free Professional Sales Contract Agreement Template

Professional Sales Contract Agreement


I. Introduction

This Professional Sales Contract Agreement (“Agreement”) is entered into on this 5th day of March, 2050, by and between:

  • [Your Company Name], a corporation registered under the laws of the State of Florida, with its principal office located at [Your Company Address], represented by [Your Name], Sales Director ("Seller").

  • SurePlus, a corporation registered under the laws of the State of Florida, with its principal office located at Orlando, FL 32801, represented by Lester Nolan, CEO ("Buyer").

The parties hereby agree as follows:


II. Sale of Goods

1. Description of Goods

Seller agrees to sell, and Buyer agrees to purchase the following goods:

  • Product: Industrial-grade CNC Milling Machines

  • Model Number: CNC-MILL-5000

  • Quantity: 100 units

  • Specifications:

    • Precision: ±0.01 mm

    • Workpiece Capacity: 800 mm x 500 mm x 500 mm

    • Motor Power: 15 kW

    • Control System: Siemens 840D SL

    • Spindle Speed: 15,000 RPM

    • Features: Tool changers, coolant system, touch screen, remote diagnostics.

    • Capabilities: Ideal for heavy-duty machining, aerospace, automotive, and precision manufacturing.

The total price for the goods is $500,000, excluding taxes, shipping, and handling.


III. Payment Terms

1. Payment Schedule

Buyer agrees to pay Seller in the following installments:

  • Initial Deposit: 25% of the total purchase price, amounting to $125,000, due immediately upon signing this Agreement.

  • Second Payment: 50% of the total purchase price, amounting to $250,000, due within 30 days from the date of delivery.

  • Final Payment: 25% of the total purchase price, amounting to $125,000, due within 60 days from the date of delivery.

All payments shall be made to Seller via wire transfer or other mutually agreed-upon method. Payment instructions will be provided separately.

2. Late Payments

In the event of late payment, a 5% late fee will be charged for each month the payment remains overdue. If payment is delayed for more than 90 days, Seller reserves the right to terminate this Agreement and seek damages.


IV. Delivery and Shipment

1. Delivery Terms

The delivery of the goods will take place at the following location:

  • Delivery Address: 789 Industrial Park Blvd, Orlando, FL 32801

  • Delivery Method: The goods will be shipped via freight forwarding, with the cost of shipping borne by the Buyer unless otherwise agreed.

The estimated delivery date is 30 days from the date the initial deposit is received. Seller will inform Buyer of any changes to the delivery schedule. Buyer will be responsible for all applicable duties, taxes, and shipping charges.

2. Risk of Loss

The risk of loss or damage to the goods passes to the Buyer upon delivery at the specified location.


V. Inspection and Acceptance of Goods

1. Inspection

Upon delivery, Buyer shall have a period of 10 business days to inspect the goods and notify Seller of any defects, damages, or discrepancies from the agreed-upon specifications. If no such notice is provided within this period, the goods shall be deemed accepted by the Buyer.

2. Acceptance

If Buyer does not reject the goods within the inspection period, the goods will be considered accepted, and payment obligations will be due as specified.


VI. Warranties and Representations

1. Warranty of Goods

Seller warrants that the goods are new, of good quality, and free from defects in materials and workmanship for a period of 12 months from the delivery date. If the goods are found to be defective during this warranty period, Seller will replace or repair the goods at no additional cost to the Buyer.

This warranty does not cover damage caused by misuse, improper handling, or modifications made by the Buyer.

2. Warranty of Title

Seller warrants that it has the legal right to sell the goods and that the goods are free from any liens, encumbrances, or claims by third parties.


VII. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Florida. Any disputes arising under or in connection with this Agreement shall be resolved in the courts located in Orlando, Florida.


VIII. Confidentiality

Both parties agree to maintain the confidentiality of any proprietary or confidential information shared during the course of this Agreement. This obligation of confidentiality will remain in effect both during and after the term of this Agreement.


IX. Termination

1. Termination for Convenience

Either party may terminate this Agreement with 30 days’ written notice to the other party. In the event of termination, the Buyer shall pay for any goods delivered up to the termination date, and Seller shall refund any unearned deposits to the Buyer.

2. Termination for Breach

In the event of a material breach of the terms of this Agreement, the non-breaching party may terminate this Agreement with 15 days’ written notice to the breaching party, provided that the breach remains uncured during this period. In such a case, the breaching party shall be liable for any damages resulting from the breach.


X. Force Majeure

Neither party shall be held liable for failure or delay in performance due to events beyond their control, including but not limited to natural disasters, war, strikes, or government actions.


XI. Miscellaneous Provisions

1. Entire Agreement

This Agreement constitutes the entire understanding of the parties with respect to the sale of the goods and supersedes all prior discussions, agreements, or understandings, whether written or oral.

2. Amendments

Any amendments or modifications to this Agreement must be made in writing and signed by both parties.


XII. Signatures

IN WITNESS WHEREOF, the parties have executed this Agreement as of the 5th day of March, 2050.


[Your Company Name]


[Your Name], Sales Director
Date: 5th March, 2050


SurePlus


Lester Nolan, CEO
Date: 5th March, 2050


For any inquiries, please contact [Your Name] at [Your Email] or reach out to [Your Company Name] at [Your Company Email].

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