PURCHASE AND SALE AGREEMENTWord格式.docx
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THISPURCHASEANDSALEAGREEMENTisenteredintothisdayof
200_,byandbetween____________________(hereinafter"
Buyer"
),anot-for-profitMarylandcorporation,600NorthWolfeStreet,Baltimore,Maryland,21287,and_________________________(hereinafter"
Company"
),a________________corporation,_____________________________________.
RECITALS:
WHEREAS,Companyisinthebusinessofsellingandservicing__________equipment;
and
WHEREAS,Buyerdesirestopurchasesuchequipment.
NOW,THEREFORE,inconsiderationofthemutualagreementsandcovenantscontainedthereinandforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichherebyareacknowledged,itismutuallyagreedandcovenantedbyandbetweenthepartiestothisAgreement,underseal,asfollows:
1.SaleofEquipment.CompanyherebysellstoBuyerandBuyerherebypurchasesfromCompanytheequipmentdescribedonExhibitAattachedheretoandincorporatedherein,andlicensesthesoftwarecontainedtherein(hereinafter"
Equipment"
).SuchEquipmentshallbeshippedFOBInstallationSite(ashereinafterdefinedinParagraph6),freightpre-paidandabsorbedbyCompany.
2.PurchasePrice.BuyershallpaytoCompanyfortheEquipmentandforallobligationsspecifiedherein,asfullandcompleteconsiderationtherefore,thesumof__________________($__________)(hereinafter"
PurchasePrice"
).
3.Payment.PaymentofthePurchasePriceshallbemadebyBuyertoCompanyinaccordancewiththefollowingschedule:
A.TenPercent(10%)ofthePurchasePricewithinthirty(30)daysaftertheexecutionofthisAgreement;
B.EightyPercent(80%)ofthePurchasePricewithinthirty(30)daysafterDeliveryoftheEquipment(asdefinedinParagraph7oftheAgreement);
C.TenPercent(10%)ofthePurchasePricewithinthirty(30)daysafterBuyer'
sAcceptanceoftheEquipment.
IntheeventthatBuyerdoesnotaccepttheEquipment,Companyshallrefundallpriorpaymentswithinfifteen(15)daysofreceiptofnotificationfromBuyerthatitdoesnotaccepttheEquipment.
AllinvoicessubmittedtoBuyerbyCompanyshalllisttheitemsofEquipmentpurchasedthereunderinthesamesequenceusedinBuyer'
sPurchaseOrderforsuchEquipment.Buyer'
sPurchaseOrderNumbershallappearonallinvoicessubmittedtoBuyerhereunder.
4.Taxes.Buyerrepresentsthatitisatax-exemptcorporationunderSection501(c)(3)oftheInternalRevenueCodeoftheUnitedStates,asamended,andunderapplicablelawsoftheStateofMaryland.TheStateofMarylandtax-exemptnumberforBuyeris________________.CompanyshalltakeallactionrequiredtocausethepurchaseoftheEquipmenthereundertobetreatedasatax-exempttransaction,andinnoeventshallBuyerberesponsibleforanysales,use,property,grossreceipts,orsimilartaxesleviedagainstanypartytothisAgreement.
5.SiteEvaluation.AtnocostorexpensetoBuyer,CompanyshallfurnishBuyerwithsitepreparationstudies,whichshallinclude,butnotbelimitedto,power,airconditioning,andoperationalconsiderationswithrespecttotheEquipment.Company'
spersonnelshallcoordinatetheiractivitieswithandavoidinterferencewithBuyer'
semployeesandconstructioncontractorsworkingtopreparetheInstallationSite(ashereinafterdefined)forreceiptoftheEquipment.Apre-installationinstructionmanualwillbeprovidedtoBuyerbyCompanyuponrequest.
6.SitePreparation.BuyershallberesponsibleforpreparingasitesuitablefortheinstallationandoperationoftheEquipment(hereinafter"
InstallationSite"
7.Delivery.DeliveryoftheEquipmenttoBuyerbyCompany,atCompany'
ssolecostandexpense,shallbemadewithintwo
(2)weeksafterreceiptofapurchaseorder(hereinafter"
DeliveryDate"
).TheEquipmentshallbepackagedappropriatelyandallcartonsshallbeclearlystampedwithBuyer'
sPurchaseOrderNumber.BuyermustbeabletoidentifyeasilyallitemsoftheEquipmentcontainedwithineachcarton.DeliveryoftheEquipmentinanundamagedconditiontoBuyer'
sInstallationSiteshallconstitute"
Delivery"
toBuyer.RiskoflossduringtransitshallremainwithCompany.
Apackingslipindicatingeachitemanditemquantityshippedshallaccompanyeveryshipment.Thepackinglistshallbeattachedtotheexteriorofoneofthecontainersineachshipmentinaconspicuousmanner.
Thepurchaseordernumbermustalsoappearonallpackingslips,invoicesandcorrespondence.
Allitems"
notfound"
shallbenotedandtheanticipatedavailabilityoftheitemsshallbeindicatedclearlyonthepackinglist.NosubstitutionsshallbemadewithoutpriorauthorizationbyBuyer'
sCorporatePurchasing.
8.Installation.CompanyshallinstalltheEquipmentattheInstallationSiteinaccordancewiththeinstallationschedulesetforthinExhibitBattachedheretoandincorporatedherein(the"
InstallationSchedule"
),andconnectthesametothesafetyswitchesorelectricaloutletstobeprovidedandinstalledbyBuyer.CompanyshallberesponsibleforallcostsassociatedwithdeliveryandinstallationoftheEquipment.TimeisoftheessencetothisAgreement.
CompanyshallcomplywithallpermitsandlicensesrequiredbyFederal,State,orlocalauthoritiesinconnectionwiththedeliveryandinstallationoftheEquipment.
9.TestingandCertification.UponcompletionofinstallationoftheEquipment,CompanyshallperformprescribedteststodeterminethattheEquipmentisoperatinginconformancewithCompany'
spublishedperformancespecificationsfortheEquipmentandanyotherrequirementsagreedtobytheparties(hereinafter"
Specifications"
),acopyofwhichareattachedheretoandincorporatedhereinasExhibitC.Athreeconductor(grounded)powercord,nolessthan18AWG,withanapprovedhospitalgradeplugcap,isrequired.Forportableormobileequipment,thepowercordistobepermanentlyattached;
ifportableequipmentisprovidedwithoutapermanentlyattachedpowercord,Buyermay,initsdiscretion,attachsuchpermanentcord.SaidmodificationtotheEquipmentwillnotaffecttheWarrantyprovidedhereunder.Groundingresistanceistobelessthan0.5ohmstoanyexposedconductivesurface.Leakagecurrentistobenomorethan50microamperes(10microamperesiftheEquipmentisspecifiedasbeingpatient-isolated)betweenanypatientleadandgroundoranyotherpatientlead,withtheEquipmentonoroff,groundedorungrounded,andcorrectorreversedpolarity.WhenCompanyissatisfiedthattheEquipmentisoperatinginconformancewiththeSpecifications,Companyshallproduce,documentandpresenttoBuyeroperationalverificationdata(hereinafter"
EquipmentTurnover"
).IntheeventtheEquipmentoranyfeatureoroptionthereofrequirescertificationunderFederallaw,CompanywillcompleteandfileallnecessaryreportsregardingCompany'
smanufacture,assembly,installationorotheractivityrelatingtotheEquipment.
10.Acceptance.“Acceptance"
oftheEquipmentshallbedeemedtooccuronthedatewhen,inthereasonableopinionofBuyer,theEquipmentconformstotheSpecifications,andhascontinuouslyoperatedincompliancewiththeSpecificationsforthirty(30)daysafterEquipmentTurnover.CompanyshallpresentBuyerwithaFinalCertificateofAcceptance(attachedheretoasExhibitG,andincorporatedhereinbyreference)immediatelypriortotheexpirationofthe30thday.FinalacceptanceoccurswhenBuyerexecutesandreturnstoCompanythesignedFinalCertificateofAcceptance.
Two
(2)copiesofoperatorandserviceinstructionmanualsaretobeprovidedtoBuyerbyCompany,thelattertoincludeelectricalandmechanicalschematics,andpartsandcurrentpricelists.
11.Training.PriortoAcceptanceoftheEquipmentoratsuchothertimeasthepartiesmaymutuallyagree,Companyshallprovide,atnocostorexpensetoBuyer,traininginoperationoftheEquipmentforemployeesdesignatedbyBuyer.SuchtrainingisdescribedonExhibitDattachedheretoandincorporatedherein.
12.Software.CompanyherebygrantstoBuyeraLIMITED,NONEXCLUSIVELICENSEand/orSUBLICENSE(hereinafter“License”)tousethesoftwareidentifiedinExhibitAhereof(hereinafter“Software”)inconnectionwiththesaleofEquipment.
A.LicenseFee.AnychargefortheLicenseisincludedinthePurchasePricesetforthinParagraph2ofthisAgreement.
B.Updates.DuringtheWarrantyPeriod,orforaslongasBuyerpurchasesanymaintenancesupportservicesfromCompany,CompanyshallprovidetoBuyer,withoutadditionalcharge,anyandallroutineSoftwarechangesandupdatesintendedtoprovidegeneralimprovementstotheperformanceoftheEquipmentthatareannouncedbyCompanyorthatarerequiredtocomplywithapplicablefederalstatuesandregulations.
C.Term.ThisLicenseshallcommenceupondeliveryoftheEquipmenttotheBuyerandshallcontinueforaslongasBuyerretainsfulllegalrightandtitletooperatetheEquipment.
D.SecurityPatches.CompanyandBuyeragreeontheimportanceofinstallinguptodatethirdpartysecuritypatchestohelpmaintainnetworkandcomputerworkstationsecurity.CompanyandBuyerwillworkcooperativelytoinsurethatallnecessarythirdpartyoperatingsystemsecuritypatchesareinstalledandtestedasquicklyaspossible.Buyermayinstallany/allthirdpartysecuritypatchesastheydeemnecessary.IntheeventthatinstallationofaparticularpatchcausesasubsequentdefectorerrorintheoperationofCompanysuppliedsoftware,BuyermustremovethepatchandcontacttheCompany.Companywillthenapplybesteffortstoinstallandtestpatch(es)andcorrectanydefe