Can you do the contract drafting by using the template I have provided Aa BbCCDc AaBbCcDdE IEv Normal Heading 1 Heading 2 Fall 2023 Section
Can you do the contract drafting by using the template I have provided
Aa BbCCDc AaBbCcDdE IEv Normal Heading 1 Heading 2 Fall 2023 Section 81 Benton Counter owns and operates a corporation called Peak Performance Pontoons Inc. The business, located at 4445 Industrial Drive, North Vancouver, BC V7M 284, manufactured white- water pontoon skis. He and two employees were constantly developing new technology relating to the extreme sport of white water skiing. For example, the three came up with a set of advanced bindings for the skis. They also invented the Power Pole and the Gladiator Goggles. However, as of late, the three seemed to have run out of innovative ideas. So, Benton wanted to buy, through his corporation, three 'Quick Think Helmets.' The 'Quick Think Helmet', which is supposed to stimulate creativity, was designed and built by Gill Bates, the owner of MicroHard Computers. Creativity is described as those flashes of insight we sometimes get when we are relaxing our minds. It occurs on both sides of the brain in lobes called the 'superior temporal gyrus.' The "Quick Think Helmut" stimulates the superior temporal avruses thus assists in creativity. Bates sells them from his store located at 2389 Clever Avenue, Vancouver, BC V8N 2E5. On October 20, 2023, Bates and Counter agreed on a price of $38,950.00 for three helmets. Peak Performance Pontoons Inc. will take delivery of the helmets on November 16, 2023 and is to pay $8,950,00 upon delivery. The balance is to be paid in two instalments on the 15th day of each of the next two months, Each instalment will consist of one-half of the remaining amount owed plus interest of 5% per annum. Draft a contract attempting to be as fair as possible to each party, and set the document up for signatures, Make sure your name and section number are on the title page. Include your calculations as part of your contract, You may also assume additional facts by including a list of same, but do not change any facts in the problem, Ex Accessibility; Investigate Focus MacBook AirAaBbCcDdE AaBbCcDdE AaBbCc Normal No Spacing Heading SALE AGREEMENT Between > (Supplier) And > (Customer) INSTALLATION ADDRESS:> CITY:> PROVINCE: > POSTAL CODE: Supplier agrees to sell to Customer and Customer agrees to purchase Supplier's data processing equipment for the prices listed below subject to the following terms and conditions: 1. Equipment and price schedule Model Number Unit Purchase Total Purchase Quantity and Description Price Price > > > > Total Purchase Price $> Less: Cash Down Payment $> Plus: Finance Charges $ > Balance Due will be paid in > consecutive monthly instalments of $> each or one payment of > 2, Effective date and title (1) This agreement will be effective on the date of execution by the Supplier, Any existing Supplier agreement for equipment being replaced will continue up to the date the replacement equipment is installed and ready for use, (2) Title to units of equipment listed in paragraph 1 will pass upon payment by the Customer of all those amounts set out in paragraph 1, Accessibility: Investigate Focus MacBook Air2i AaBchDdh AaBbCCDdI-J v a v :3 v Normal Ho Spacing . Charges and terms of payment (1) Where installation is a Supplier responsibility, instalment payments are due on the first day of each month following the date the equipment is installed and ready for use as determined by the Supplier. Where installation by the Supplier is delayed after deliVery to the Customer site due to causes beyond the Supplier' a control or where installation is a Customer responsibility, instalment payments are due on the first day of each month following the date of delivery. When the Balance Due is payable in one instalment, it is due and payable on receipt of invoice. (2) The Customer will pay, or reimburse the Supplier, for all provincial sales taxes imposed on the Customer or the Supplier on any interest in or use of. the equipment or upon this agreement. (3) All charges for transportation, rigging and drayage for the equipment will be paid by the Customer. All boxing, crating and skidding used in the shipment of the equipment is the property of the Supplier and will be returnable at the Supplier's option. (4) Any other charges will be invoiced to the Customer as incurred and will be due and payable upon receipt of invoice. (5) The Customer agrees that the Supplier reserves the right to apply a service charge, at rates designated from time to time, but not ingggessgf. the lawful maximum, on accounts unpaid after their due date . (6) The Customer shall remit payments due under this agreement as the Supplier shall direct. 4. Delivery Any equipment shipped by the Supplier will be f.o.b. point of. shipment [Toronto] in accordance with the Supplier's applicable shipping schedule . 5. Patents The Supplier will defend at its own expense any suit or 9159334361119 brought against: the Customer based on a claim that the equipment constitutes an infringement of any patent of Canada, provided that the Supplier is notied promptly in 1?)? Accessibility: Investigate writing and given full and complete authority, information and assistance for the defence of such a claim. If this provision is complied with, the Supplier will pay damages and costs awarded against the Customer, but the Supplier will not be responsible for any compromise made without its consent. If the equipment is held to constitute infringement and its use is enjoined, the Supplier may, at its election and expense, obtain for the Customer the right to continue using the equipment, modify it so that it is not infringing, or remove the equipment and grant the Customer a credit for it. The Supplier will not be liable to the Customer if any infringement claim is based upon the interconnection or use of the equipment in combination with equipment or other devices not made by the Supplier, use in any manner for which the equipment was not designed or for other than the uses recommended by the Supplier. 6. Operating supplies and installation (1) All supplies for use with the equipment will be provided by the Customer and should meet the specifications set forth by the Supplier. Upon request the Supplier will sell to the Customer at then current published commercial prices those supplies which it has available. (2) If installation or removal of the equipment by the Supplier's representatives is precluded by local law, union agreement or otherwise, the Supplier will supervise the installation and the Customer will bear any additional costs caused thereby. (3) Prior to shipment the Customer where required will prepare at the Customer's expense its premises for installation of the equipment and will provide all facilities, including space, electrical power, cable troughs, special cables and connector requirements, communications modems, fittings and the like in accordance with the Supplier's site specifications and installation instructions, The initial installation will be performed where applicable by the Supplier in accordance with the Supplier's policies and procedures then in effect, The Customer will provide the necessary labour for unpacking and placement of the equipment and packing for return of equipment when necessary, which the Supplier will supervise at no additional cost, 7, Security interest Accessibility; Investigate Focus MacBook AirNormal No Spacing Heading 1 Sty 7. Security interest The Supplier retains title in each unit of equipment, all additions and accessories thereto and all replacements, products and proceeds thereof to secure payment of the Customer's obligations. This title will be retained until the Customer's obligations are paid in full. The Customer agrees that the Supplier will have the right to file financing statements or other documentation pursuant to applicable law to secure evidence or perfect the Supplier's title in the equipment. At the Supplier's request the Customer will join with the Supplier in executing this documentation. The Customer also agrees that the Supplier will have the right to invoice the Customer and the Customer will pay all fees, taxes and assessments associated with the filing of the financing documentation. 8. Transfer of interest The Customer agrees not to sell or transfer this agreement, the equipment or any interest in it without the prior written consent of the Supplier until all payments set out in paragraph 1 have been paid to the Supplier. 9. Risk of loss and protection of equipment (1) The Supplier relieves the Customer from all risk of loss or damage to the equipment not caused by the Customer's negligence up to and including the date the equipment is delivered to the Customer's site, with risk of loss or damage thereafter in the Customer provided that nothing in this paragraph shall be construed so as to create a right or interest in title to the equipment, (2) Until all payments under this agreement have been made. e Customer will maintain insurance satisfactory to the Supplier against risks of loss or damage, including extended coverage and theft, This insurance will be payable to the Supplier and the Customer as their respective interests may ES Ex Accessibility; Investigate Focus MacBook Air DII DD 4 Q F4 F5 F6 F7 F8 F9(1) This agreement will be governed in all respects by the law of the Province of Ontario. (2) The parties agree to attorn to the jurisdiction of the Superior Court. 16. Entire agreement This agreement (consisting of paragraphs 1 through 16 inclusive and any supplements and addenda listed in paragraph 15) represents the entire agreement between the parties with regard to the sale of the equipment herein and supersedes all prior oral and written proposals and communications, THE CUSTOMER ACKNOWLEDGES THAT IT HAS READ THIS AGREEMENT (CONSISTING OF PARAGRAPHS 1 THROUGH 16 INCLUSIVE AND ANY SUPPLEMENTS AND ADDENDA LISTED IN PARAGRAPH 15) AND SHALL BE BOUND BY ITS TERMS AND CONDITIONS. CUSTOMER SUPPLIER By: By: Title, Title: Date Date: Accessibility; Investigate Focus MacBook Air
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