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Sales Agreement Contract Law

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Sales Agreement Contract Law
Sales Agreement

THIS SALES AGREEMENT (the "Agreement") dated this 12th day of March 2012

BETWEEN:

|Brenda’s Widgets, Inc. (BWI) of 123 Main St., Podunk, Iowa |
|(the 'Seller ') |
|OF THE FIRST PART |
|- AND - |
|Jim Doe of 456 First St., Secondville, Michigan |
|(the 'Purchaser ') |
|OF THE SECOND PART |

IN CONSIDERATION OF THE COVENANTS and agreements contained in this Sales Agreement, the parties to this Agreement agree as follows:

Sale of Goods 1. The Seller will sell, transfer and deliver to the Purchaser on or before June 1, 2007, the following goods (the 'Goods '): 10,000 widgets

Purchase Price 2. The Purchaser will accept the Goods and pay for the Goods with the sum of fifty thousand ( $50,000.00 ) USD, paid as follows: a. down payment of $5,000.00 on March 13, 2012; and b. the remainder of the purchase price after goods are delivered

3. The Seller and the Purchaser both acknowledge the sufficiency of this consideration. In addition to the purchase price specified in this Agreement, the Purchaser agrees to pay all shipping costs associated with transporting Goods to be delivered to 456 First St., Secondville, Michigan.

4. Payment for the Goods will be made to the Seller when the Purchaser is notified that the Goods have been delivered by the Seller to a carrier for shipment to the Purchaser or, in the alternative, when any document of title or registrable

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