Sales Agreement
SAMPLE SALES AGREEMENT This agreement is made by and between ________________________________ (the “Seller”) and _____________________________________ (the Buyer), who agree as follows: 1. The Seller agrees to sell, and the Buyer agrees to buy: Scrupulous Model S-250 stamping machine, serial number S-97-20938547 2. In exchange for the Property, the Buyer agrees to pay to the Seller the sum of $____________________, payable according to the terms of a promissory note, a copy of which is attached to this agreement and incorporated into this agreement by reference (the “Note”). 3. The Seller retains a security interest in the Property to secure payment and performance of the Buyer’s obligations under this agreement and the Note. Upon any default by the Buyer in the performance of any such obligations, the Seller may declare all obligations immediately due and payable and shall have the remedies of a secured party under the Uniform Commercial Code enacted in the state the laws of which govern the terms of this agreement. This agreement is executed by the parties under seal on ___________________, ________. Seller: Buyer: Scrupulous Corporation FBN, Inc. ________________________________ ________________________________ Henry Hardy, President Marcia Bender, President ________________________________ ________________________________ Calvin Collier, Secretary Matthew G. Bender, Secretary (Corporate Seal) (Corporate Seal)